Walker & Dunlop, Inc.
- WD ยท NYSE
- Finance Services
- Bethesda, MD
- 1,466 employees
- CIK 0001497770
Updated from SEC filings through
Top things to know
Executives
- William M. Walker Chairman & CEO 4, 2026-09-08
- Gregory Florkowski EVP & Chief Financial Officer 4, 2026-09-08
-
Paula A. Pryor EVP and Chief HR Officer 4, 2026-09-08 - Stephen P. Theobald EVP & Chief Operating Officer 4, 2026-09-08
- Daniel J. Groman EVP, GC, Secretary & CCO 4, 2026-09-08
- Walker & Dunlop, Inc. holding company 10-K, 2026-02-26
What leadership is saying
“Q3 2026 saw an 84 basis point increase in the Ten-Year Treasury rate which increased volatility and slowed down capital markets activity across the country. Despite these headwinds, our revenues remained resilient, with total debt financing volume down only 5% from Q3 2025”
Earnings press release (8-K Ex. 99.1), filed November 5, 2026
Walker & Dunlop, Inc. is a U.S. public company in finance services (SIC 6199), headquartered in Bethesda, MD. It trades as WD on NYSE. Revenue was $1.2B in the fiscal year ending December 31, 2025, +9.0% from the year before. It reported about 1,466 employees. William M. Walker is Chairman & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.2B 10-K, 2026-02-26 | $1.1B 10-K, 2026-02-26 | $1.1B 10-K, 2026-02-26 | $1.3B 10-K, 2025-02-25 | $1.3B 10-K, 2024-02-22 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $56.2M 10-K, 2026-02-26 | $108M 10-K, 2026-02-26 | $107M 10-K, 2026-02-26 | $214M 10-K, 2025-02-25 | $266M 10-K, 2024-02-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| William M. Walker | Chairman & CEO | 4, 2026-09-08 |
| Gregory Florkowski | EVP & Chief Financial Officer | 4, 2026-09-08 |
| Gregory A. Florkowski | Named in proxy bio: Executive Vice President and Chief Financial Officer | DEF 14A, 2026-04-01 |
| EVP & CHRO at Walker & Dunlop | EVP and Chief HR Officer | 4, 2026-09-08 |
| Stephen P. Theobald | EVP & Chief Operating Officer | 4, 2026-09-08 |
| Daniel J. Groman | EVP, GC, Secretary & CCO | 4, 2026-09-08 |
| Walker & Dunlop, Inc. | holding company | 10-K, 2026-02-26 |
| Walker & Dunlop, LLC | primary operating company | 10-K, 2026-02-26 |
What Walker & Dunlop, Inc. does
We are a leading commercial real estate (i) services, (ii) finance, and (iii) technology company in the United States. Through investments in people, brand, and technology, we have built a diversified suite of commercial real estate services to meet the needs of our customers. Our services include (i) multifamily lending, property sales, appraisal, valuation, and research, (ii) commercial real estate debt brokerage and advisory services, (iii) investment management, and (iv) affordable housing lending, property sales, tax credit syndication, development, and investment.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 34.5 million (as of October 30, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $1.7B (as of June 30, 2025) | 10-K, February 26, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting May 19, 2026 (filed April 1, 2026) | DEF 14A, April 1, 2026 |
| Auditor | Kpmg LLP (McLean, Virginia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| March 18, 2026 | Dana L. Schmaltz Director | Buy | 1,000 | $46K | Form 4, March 20, 2026 |
| March 5, 2026 | Ernest Michael Freedman Director | Buy | 5,000 | $246K | Form 4, March 6, 2026 |
| March 3, 2026 | Donna Wells Director | Buy | 500 | $23K | Form 4, March 4, 2026 |
| March 2, 2026 | William M. Walker Chairman & CEO | Buy | 10,000 | $475K | Form 4, March 3, 2026 |
| August 29, 2025 | Paula A. Pryor EVP and Chief HR Officer | Sale | 5,336 | $460K | Form 4, September 3, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-30
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-10-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-15
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-08-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-21
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-10
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-03-04
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Walker & Dunlop, Inc.
- What does Walker & Dunlop, Inc. do?
- In its own words, from Item 1 of its 10-K: "We are a leading commercial real estate (i) services, (ii) finance, and (iii) technology company in the United States. Through investments in people, brand, and technology, we have built a diversified suite of commercial real estate services to meet the needs of our customers. Our services include (i) multifamily lending, property sales, appraisal, valuation, and research, (ii) commercial real estate debt brokerage and advisory services, (iii) investment management, and (iv) affordable housing lending, property sales, tax credit syndication, development, and investment."
- What is Walker & Dunlop, Inc.'s revenue?
- $1.2B for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is Walker & Dunlop, Inc. profitable?
- Walker & Dunlop, Inc. reported net income of $56.2M for the fiscal year ending December 31, 2025.
- How many employees does Walker & Dunlop, Inc. have?
- About 1,466 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Walker & Dunlop, Inc.?
- William M. Walker, Chairman & CEO, as named in a 4 filed September 8, 2026.
- Who is the CFO of Walker & Dunlop, Inc.?
- Gregory Florkowski, EVP & Chief Financial Officer, as named in a 4 filed September 8, 2026.
- Where is Walker & Dunlop, Inc. headquartered?
- Bethesda, MD.
- What is Walker & Dunlop, Inc.'s stock ticker?
- WD on NYSE.
- What industry is Walker & Dunlop, Inc. in?
- Finance Services, SIC code 6199.
- What is Walker & Dunlop, Inc.'s website?
- walkerdunlop.com.
- When does Walker & Dunlop, Inc. report earnings next?
- February 4, 2027. Source: estimate_8k_pattern.
- Is Walker & Dunlop, Inc. a public company?
- Yes. Walker & Dunlop, Inc. files with the SEC under CIK 0001497770 and trades as WD.
- Who audits Walker & Dunlop, Inc.?
- Kpmg LLP, McLean, Virginia, as named in its latest annual report (10-K).
- How many shares of Walker & Dunlop, Inc. are outstanding?
- 34.5 million shares as of October 30, 2026, from its 10-Q filed November 5, 2026.
- What is Walker & Dunlop, Inc.'s public float?
- $1.7B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does Walker & Dunlop, Inc. report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is Walker & Dunlop, Inc.'s annual shareholder meeting?
- May 19, 2026, per its proxy statement (DEF 14A) filed April 1, 2026.
- Have Walker & Dunlop, Inc. insiders traded stock recently?
- Since August 29, 2025, officers and directors reported 1 open-market sale worth about $460K and 4 purchases worth about $790K on Forms 4 and 5. The most recent: Dana L. Schmaltz (Director) bought 1,000 shares on March 18, 2026.