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Side-by-side financial comparison of Cricut, Inc. (CRCT) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $203.6M, roughly 1.7× Cricut, Inc.). Cricut, Inc. runs the higher net margin — 3.8% vs -12.9%, a 16.7% gap on every dollar of revenue. On growth, Walker & Dunlop, Inc. posted the faster year-over-year revenue change (-0.4% vs -2.7%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 10.3%).
Cricut, Inc. is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
CRCT vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $203.6M | $340.0M |
| Net Profit | $7.8M | $-13.9M |
| Gross Margin | 47.4% | — |
| Operating Margin | 6.8% | -17.2% |
| Net Margin | 3.8% | -12.9% |
| Revenue YoY | -2.7% | -0.4% |
| Net Profit YoY | -34.7% | -131.0% |
| EPS (diluted) | $0.03 | $-0.41 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $203.6M | $340.0M | ||
| Q3 25 | $170.4M | $337.7M | ||
| Q2 25 | $172.1M | $319.2M | ||
| Q1 25 | $162.6M | $237.4M | ||
| Q4 24 | $209.3M | $341.5M | ||
| Q3 24 | $167.9M | $292.3M | ||
| Q2 24 | $167.9M | $270.7M | ||
| Q1 24 | $167.4M | $228.1M |
| Q4 25 | $7.8M | $-13.9M | ||
| Q3 25 | $20.5M | $33.5M | ||
| Q2 25 | $24.5M | $34.0M | ||
| Q1 25 | $23.9M | $2.8M | ||
| Q4 24 | $11.9M | $44.8M | ||
| Q3 24 | $11.5M | $28.8M | ||
| Q2 24 | $19.8M | $22.7M | ||
| Q1 24 | $19.6M | $11.9M |
| Q4 25 | 47.4% | — | ||
| Q3 25 | 55.2% | — | ||
| Q2 25 | 59.0% | — | ||
| Q1 25 | 60.5% | — | ||
| Q4 24 | 44.9% | — | ||
| Q3 24 | 46.1% | — | ||
| Q2 24 | 53.5% | — | ||
| Q1 24 | 54.7% | — |
| Q4 25 | 6.8% | -17.2% | ||
| Q3 25 | 13.3% | 13.6% | ||
| Q2 25 | 17.5% | 14.5% | ||
| Q1 25 | 18.0% | 2.2% | ||
| Q4 24 | 6.6% | 15.3% | ||
| Q3 24 | 6.3% | 12.8% | ||
| Q2 24 | 15.7% | 10.4% | ||
| Q1 24 | 15.1% | 6.0% |
| Q4 25 | 3.8% | -12.9% | ||
| Q3 25 | 12.0% | 9.9% | ||
| Q2 25 | 14.2% | 10.6% | ||
| Q1 25 | 14.7% | 1.2% | ||
| Q4 24 | 5.7% | 13.1% | ||
| Q3 24 | 6.8% | 9.9% | ||
| Q2 24 | 11.8% | 8.4% | ||
| Q1 24 | 11.7% | 5.2% |
| Q4 25 | $0.03 | $-0.41 | ||
| Q3 25 | $0.10 | $0.98 | ||
| Q2 25 | $0.11 | $0.99 | ||
| Q1 25 | $0.11 | $0.08 | ||
| Q4 24 | $0.06 | $1.32 | ||
| Q3 24 | $0.05 | $0.85 | ||
| Q2 24 | $0.09 | $0.67 | ||
| Q1 24 | $0.09 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $275.6M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $343.6M | $1.7B |
| Total Assets | $580.8M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $275.6M | $299.3M | ||
| Q3 25 | $207.1M | $274.8M | ||
| Q2 25 | $376.9M | $233.7M | ||
| Q1 25 | $356.7M | $181.0M | ||
| Q4 24 | $336.9M | $279.3M | ||
| Q3 24 | $246.9M | $179.8M | ||
| Q2 24 | $299.5M | $208.1M | ||
| Q1 24 | $281.7M | $216.5M |
| Q4 25 | $343.6M | $1.7B | ||
| Q3 25 | $358.4M | $1.8B | ||
| Q2 25 | $308.9M | $1.8B | ||
| Q1 25 | $490.2M | $1.7B | ||
| Q4 24 | $466.8M | $1.7B | ||
| Q3 24 | $475.8M | $1.7B | ||
| Q2 24 | $448.5M | $1.7B | ||
| Q1 24 | $552.6M | $1.7B |
| Q4 25 | $580.8M | $5.1B | ||
| Q3 25 | $564.3M | $5.8B | ||
| Q2 25 | $721.5M | $4.7B | ||
| Q1 25 | $681.7M | $4.5B | ||
| Q4 24 | $693.0M | $4.4B | ||
| Q3 24 | $663.8M | $4.6B | ||
| Q2 24 | $742.1M | $4.2B | ||
| Q1 24 | $723.7M | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $82.4M | $-664.3M |
| Free Cash FlowOCF − Capex | — | $-680.1M |
| FCF MarginFCF / Revenue | — | -200.0% |
| Capex IntensityCapex / Revenue | — | 4.6% |
| Cash ConversionOCF / Net Profit | 10.58× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $82.4M | $-664.3M | ||
| Q3 25 | $20.5M | $-948.1M | ||
| Q2 25 | $36.2M | $-238.5M | ||
| Q1 25 | $61.2M | $-281.1M | ||
| Q4 24 | $103.1M | $129.4M | ||
| Q3 24 | $70.2M | $-202.0M | ||
| Q2 24 | $35.0M | $-237.8M | ||
| Q1 24 | $56.7M | $38.4M |
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M | ||
| Q1 24 | — | $35.2M |
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | 15.4% |
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
| Q4 25 | 10.58× | — | ||
| Q3 25 | 1.00× | -28.34× | ||
| Q2 25 | 1.48× | -7.02× | ||
| Q1 25 | 2.56× | -102.07× | ||
| Q4 24 | 8.64× | 2.89× | ||
| Q3 24 | 6.11× | -7.01× | ||
| Q2 24 | 1.77× | -10.49× | ||
| Q1 24 | 2.89× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRCT
| Platform | $83.9M | 41% |
| Connected Machines | $65.2M | 32% |
| Accessories And Materials | $54.4M | 27% |
WD
Segment breakdown not available.
