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Side-by-side financial comparison of Dayforce (DAY) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Dayforce is the larger business by last-quarter revenue ($481.6M vs $340.0M, roughly 1.4× Walker & Dunlop, Inc.). Walker & Dunlop, Inc. runs the higher net margin — -12.9% vs -40.9%, a 28.0% gap on every dollar of revenue. On growth, Dayforce posted the faster year-over-year revenue change (9.5% vs -0.4%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 9.8%).
Dayforce, Inc., formerly Ceridian, is an American human resources software and services company.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
DAY vs WD — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $481.6M | $340.0M |
| Net Profit | $-196.8M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | 6.3% | -17.2% |
| Net Margin | -40.9% | -12.9% |
| Revenue YoY | 9.5% | -0.4% |
| Net Profit YoY | -9940.0% | -131.0% |
| EPS (diluted) | $-1.23 | $-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 | — | $340.0M | ||
| Q3 25 | $481.6M | $337.7M | ||
| Q2 25 | $464.7M | $319.2M | ||
| Q1 25 | $481.8M | $237.4M | ||
| Q4 24 | $465.2M | $341.5M | ||
| Q3 24 | $440.0M | $292.3M | ||
| Q2 24 | $423.3M | $270.7M | ||
| Q1 24 | $431.5M | $228.1M |
| Q4 25 | — | $-13.9M | ||
| Q3 25 | $-196.8M | $33.5M | ||
| Q2 25 | $21.3M | $34.0M | ||
| Q1 25 | $14.9M | $2.8M | ||
| Q4 24 | $10.8M | $44.8M | ||
| Q3 24 | $2.0M | $28.8M | ||
| Q2 24 | $-1.8M | $22.7M | ||
| Q1 24 | $7.1M | $11.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.0% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 44.1% | — | ||
| Q1 24 | 47.6% | — |
| Q4 25 | — | -17.2% | ||
| Q3 25 | 6.3% | 13.6% | ||
| Q2 25 | 9.1% | 14.5% | ||
| Q1 25 | 6.4% | 2.2% | ||
| Q4 24 | 6.1% | 15.3% | ||
| Q3 24 | 4.7% | 12.8% | ||
| Q2 24 | 3.3% | 10.4% | ||
| Q1 24 | 9.4% | 6.0% |
| Q4 25 | — | -12.9% | ||
| Q3 25 | -40.9% | 9.9% | ||
| Q2 25 | 4.6% | 10.6% | ||
| Q1 25 | 3.1% | 1.2% | ||
| Q4 24 | 2.3% | 13.1% | ||
| Q3 24 | 0.5% | 9.9% | ||
| Q2 24 | -0.4% | 8.4% | ||
| Q1 24 | 1.6% | 5.2% |
| Q4 25 | — | $-0.41 | ||
| Q3 25 | $-1.23 | $0.98 | ||
| Q2 25 | $0.13 | $0.99 | ||
| Q1 25 | $0.09 | $0.08 | ||
| Q4 24 | $0.07 | $1.32 | ||
| Q3 24 | $0.01 | $0.85 | ||
| Q2 24 | $-0.01 | $0.67 | ||
| Q1 24 | $0.04 | $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 | $627.6M | $299.3M |
| Total DebtLower is stronger | $631.1M | — |
| Stockholders' EquityBook value | $2.7B | $1.7B |
| Total Assets | $8.7B | $5.1B |
| Debt / EquityLower = less leverage | 0.23× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $299.3M | ||
| Q3 25 | $627.6M | $274.8M | ||
| Q2 25 | $625.2M | $233.7M | ||
| Q1 25 | $557.3M | $181.0M | ||
| Q4 24 | $579.7M | $279.3M | ||
| Q3 24 | $494.1M | $179.8M | ||
| Q2 24 | $465.4M | $208.1M | ||
| Q1 24 | $392.5M | $216.5M |
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $2.7B | $1.8B | ||
| Q2 25 | $2.7B | $1.8B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.5B | $1.7B | ||
| Q3 24 | $2.6B | $1.7B | ||
| Q2 24 | $2.5B | $1.7B | ||
| Q1 24 | $2.4B | $1.7B |
| Q4 25 | — | $5.1B | ||
| Q3 25 | $8.7B | $5.8B | ||
| Q2 25 | $8.5B | $4.7B | ||
| Q1 25 | $9.5B | $4.5B | ||
| Q4 24 | $9.1B | $4.4B | ||
| Q3 24 | $8.1B | $4.6B | ||
| Q2 24 | $9.0B | $4.2B | ||
| Q1 24 | $10.8B | $3.8B |
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | — |
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 | $31.2M | $-664.3M |
| Free Cash FlowOCF − Capex | — | $-680.1M |
| FCF MarginFCF / Revenue | — | -200.0% |
| Capex IntensityCapex / Revenue | — | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-664.3M | ||
| Q3 25 | $31.2M | $-948.1M | ||
| Q2 25 | $112.7M | $-238.5M | ||
| Q1 25 | $49.6M | $-281.1M | ||
| Q4 24 | $81.0M | $129.4M | ||
| Q3 24 | $91.8M | $-202.0M | ||
| Q2 24 | $99.2M | $-237.8M | ||
| Q1 24 | $9.1M | $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 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | 5.29× | -7.02× | ||
| Q1 25 | 3.33× | -102.07× | ||
| Q4 24 | 7.50× | 2.89× | ||
| Q3 24 | 45.90× | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | 1.28× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
WD
Segment breakdown not available.
