WD at a glance
Walker & Dunlop, Inc. (WD, SEC CIK 1497770) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on October 6, 2026 and Form 4 insider filings as recently as September 8, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Walker & Dunlop, Inc. (WD) reported revenue of $320.0 million (up 20.6% from FY2024) and net income of $56.2 million. Diluted EPS was $1.64.
- As of June 30, 2026, 31 institutional investment managers tracked by SignalX reported holding Walker & Dunlop, Inc. (WD) shares worth $892.6 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $320.0M
- +20.6% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 31 funds
- $892.6M · +1 vs prior quarter
- Latest 8-K
- Sep 15, 2026
- Item 2.03
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business as sponsor of investment funds and co-developer of affordable housing properties with fiduciary and development risk exposure
- Emphasis on managing risks related to compliance with LIHTC program requirements and tax credit recapture during 15-year compliance period
- Heightened focus on ESG risks, especially climate change impacts and evolving regulatory requirements across jurisdictions
- Regulatory environment changes, including significant 2025 updates to GSE multifamily program requirements affecting lender operations
- Increased cybersecurity risks and compliance challenges amid expanded remote work and AI-driven cyberattack threats
Risk Factors
- Regulatory risk: FHFA updated GSE multifamily loan origination cap to $88.0B for 2026, up from $73.0B in 2025, affecting volume limits under conservatorship
- Geopolitical/macro risk: Limited or dormant US government operations could severely constrain HUD loan origination capacity, dependent on duration of shutdowns
- Operational/supply chain risk: $221.6M loan repurchase/indemnity risk due to breaches and fraudulent borrower activity, partly from former employees who originated $194.6M loans
- Competitive/market disruption risk: Pricing pressure from competing originators and institutional investors may reduce origination fees and servicing revenues
- Financial risk: Reliance on $3.8B committed and $1.5B uncommitted loan warehouse facilities; non-renewal or reductions risk impeding loan originations and liquidity
Management Discussion & Analysis
- At-risk Fannie Mae portfolio $67.5B with allowance for risk-sharing obligations $25.0M vs $24.2M in 2024
- Defaulted loans 14 with UPB $158.8M vs 6 loans, UPB $41.7M in 2024, collateral-based reserve $12.6M vs $4.0M
- Provision for risk-sharing obligations $9.4M in 2025 vs benefit $974K in 2024
- Loan repurchases/indemnifications $221.6M past two years, uncollateralized portion $60.7M vs $46.9M in 2024
- No realized credit losses from repurchase obligations; historical net write-offs $9.2M over 10 years, under 1 bp annually
AI summary of the WD 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Commercial real estate loan servicing portfolio $145.8B as of June 30, 2026
- Capital Markets primarily transaction-based; Servicing & Asset Management primarily recurring fee-based
- Near-term performance driven predominantly by multifamily lending, brokerage, property sales, servicing, and investment management
- Emerging headwinds: interest rates, commercial real estate trends, capital-market volatility, and GSE uncertainty
- Ongoing capital deployment toward technology, artificial intelligence, service diversification, and European expansion
Risk Factors
- No risk-factors section provided in the submitted filing text
- No new, changed, regulatory, operational, competitive, market, or financial risks identifiable
- Submitted pages cover equity repurchases, defaults, mine-safety disclosures, exhibits, and signatures only
AI summary of the WD 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.03: Creation of a Direct Financial Obligation
- Amendment No. 9 updates Walker & Dunlop’s master repurchase agreement with JPMorgan Chase Bank
- Third amended and restated side letter revises related financing terms
Item 2.02: Results of Operations and Financial Condition
- Item 2.02 references Exhibit 99.1 for Walker & Dunlop’s fiscal 2026 results
- Exhibit 99.1 is furnished, not filed, limiting its incorporation into Securities Act registration statements
Item EX-99.1: Item EX-99.1
- Q2 revenue $306.7M, down 4%, while GAAP EPS fell 91% to $0.09 from legacy loan charges
- Adjusted core EPS $1.19, up 3%, indicating underlying operating performance remained resilient despite credit-related disruptions
AI summaries of WD 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for WD
Don't miss the next WD filing
- Alerts as it files. A push when WD files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut WD, by share count.
- Ask anything. An AI agent that reads every WD filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Florkowski Gregory | A | Sep 3, 2026 | 85.221 | - |
| THEOBALD STEPHEN P | A | Sep 3, 2026 | 151.473 | - |
| Pryor Paula A. | A | Sep 3, 2026 | 51.784 | - |
| Walker William M | A | Sep 3, 2026 | 50.288 | - |
| Groman Daniel J | A | Sep 3, 2026 | 122.824 | - |
| Groman Daniel J | A | Jun 4, 2026 | 97.799 | - |
| THEOBALD STEPHEN P | A | Jun 4, 2026 | 120.612 | - |
| Walker William M | A | Jun 4, 2026 | 40.042 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $258.2M | $265.4M | $320.0M | |
| Net Income | $107.4M | $108.2M | $56.2M | |
| Net Margin | 41.6% | 40.8% | 17.6% | |
| Balance Sheet | ||||
| Total Assets | $4.1B | $4.4B | $5.1B | |
| Equity | $1.7B | $1.7B | $1.7B | |
| ROE | 6.2% | 6.2% | 3.2% | |
| Per Share | ||||
| EPS | $3.18 | $3.19 | $1.64 | |
| Cash Flow | ||||
| Operating CF | -$518K | $129.4M | -$664.3M | |
Source: XBRL data in Walker & Dunlop, Inc. (WD)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate WD share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 31 | $892.6M |
| Q1 2026 | 30 | $680.4M |
| Q4 2025 | 28 | $927.2M |
| Q3 2025 | 29 | $1.32B |
| Q2 2025 | 28 | $1.05B |
| Q1 2025 | 27 | $838.4M |
| Q4 2024 | 21 | $898.2M |
| Q3 2024 | 19 | $464.4M |
- JPMorgan Chase & Co+480.4K (+376%)
- AQR Capital Management+431.5K (+180%)
- Goldman Sachs Group+260.0K (+192%)
- BlackRock+161.3K (+3%)
- Morgan Stanley+109.8K (+25%)
- FMR LLC (Fidelity)−334.2K (-98%)
- Two Sigma Investments−299.9K (-96%)
- Citadel Advisors LLC−139.7K (-95%)
- Bank of America Corp−104.1K (-22%)
- Millennium Management−12.5K (-32%)
- Allstate+12.8K
Source: 13F-HR filings on SEC EDGAR (aggregated from 213 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
WD filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Oct 6, 2026 | - | - | - |
| 8-K | Sep 15, 2026 | - | Analysis | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 10-Q | Aug 6, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 4 | Jun 8, 2026 | - | - | |
| 8-K | May 21, 2026 | - | Analysis | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 8-K | May 7, 2026 | - | Analysis | |
| 10-Q | May 7, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | Apr 30, 2026 | - | - |
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WD SEC filings: frequently asked questions
Which institutions hold WD stock?
As of June 30, 2026, the largest Walker & Dunlop, Inc. (WD) holders among the 13F filers tracked by SignalX were BlackRock ($289.6 million), Vanguard Portfolio Management LLC ($113.9 million), State Street Corp ($88.7 million), Vanguard Capital Management LLC ($81.7 million), Dimensional Fund Advisors ($79.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was WD's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Walker & Dunlop, Inc. (WD) reported revenue of $320.0 million (up 20.6% from FY2024) and net income of $56.2 million. Diluted EPS was $1.64. The figures come from the XBRL data in the 10-K.
What are the main risks in WD's latest 10-K?
In the 10-K filed February 26, 2026, Walker & Dunlop, Inc. (WD) flagged: Regulatory risk: FHFA updated GSE multifamily loan origination cap to $88.0B for 2026, up from $73.0B in 2025, affecting volume limits under conservatorship. Geopolitical/macro risk: Limited or dormant US government operations could severely constrain HUD loan origination capacity, dependent on duration of shutdowns. (AI summary of the Risk Factors section.)
What did WD report in its latest 8-K?
Walker & Dunlop, Inc. (WD) filed an 8-K on September 15, 2026 reporting Item 2.03 (Creation of a Direct Financial Obligation). Amendment No. 9 updates Walker & Dunlop’s master repurchase agreement with JPMorgan Chase Bank.
What are the latest WD SEC filings?
Walker & Dunlop, Inc. (WD) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 6, 2026, an 8-K current report on October 6, 2026 and a Form 4 insider filing on September 8, 2026.
What is WD's SEC CIK number?
Walker & Dunlop, Inc. (WD)'s SEC Central Index Key (CIK) is 1497770. EDGAR lists every WD filing under that number.
Ask anything about WD
The research agent reads WD's filings, financials, insider trades and 13F holders, then answers with sources.