WD · XBRL financial data

Walker & Dunlop financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,084	1,259	1,259	1,054	1,132	1,234
Revenue from contracts with customers	126	364	430	258	265	320
Total operating expenses	753	907	994	916	1,001	1,155
Interest expense	9	33	49	50	70	65
Income tax expense (benefit)	84	86	56	35	31	22
Net income (loss)	246	266	214	107	108	56
Earnings per share, basic USD per share	7.85	8.27	6.43	3.20	3.19	1.65
Earnings per share, diluted USD per share	7.69	8.15	6.36	3.18	3.19	1.64
Weighted average shares, basic millions of shares	30	31	32	33	33	33
Weighted average shares, diluted millions of shares	31	32	33	33	33	33

Fiscal years (WD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	321	306	226	329	279	299
Property and equipment, net	—	73	34	43	48	54
Right-of-use asset	17	25	61	76	80	76
Goodwill	249	699	960	902	869	869
Total assets	4,651	5,206	4,045	4,052	4,382	5,059
Total liabilities	3,455	3,628	2,329	2,306	2,622	3,314
Retained earnings	953	1,154	1,278	1,298	1,318	1,282
Total stockholders' equity	1,196	1,550	1,689	1,724	1,748	1,735
Total liabilities and equity	4,651	5,206	4,045	4,052	4,382	5,059
Common shares outstanding (cover page) millions of shares	32	33	33	34	34	34

Fiscal years (WD's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	246	266	214	107	108	56
Stock-based compensation	28	37	34	28	27	27
Depreciation and amortization	169	210	235	227	238	239
Net cash from operating activities	(1,411)	870	1,583	(1)	129	(664)
Net cash from investing activities	115	(378)	(134)	127	(38)	(77)
Proceeds from issuing common stock	14	5	0	3	—	—
Share repurchases	46	19	42	21	12	10
Dividends paid	45	64	80	85	89	92
Net cash from financing activities	1,518	(458)	(1,584)	7	(155)	758

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Walker & Dunlop	161	307	1,169*	34.3M	—	Q2 FY26 10-QJun 30, 2026
Hut 8	157	71	not reported	120.0M	—	Q3 FY26 10-QSep 30, 2026
Cipher Digital	656	27	(131)*	456.4M	0.7 quarters	Q3 FY26 10-QSep 30, 2026
Wealthfront	453	92	47*	156.2M	—	Q2 FY27 10-QJul 31, 2026
Riot Platforms	669	181	not reported	375.2M	—	Q3 FY26 10-QSep 30, 2026
Terawulf	2,619	45	(137)*	499.0M	19.2 quarters	Q2 FY26 10-QJun 30, 2026
Fidelity Ethereum Fund	0	not reported	93*	47.4M	—	Q2 FY26 10-QJun 30, 2026
Perella Weinberg Partners	150	251	73*	not reported	—	Q3 FY26 10-QSep 30, 2026
Pagaya Technologies	247	362	49*	not reported	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.