vs
Side-by-side financial comparison of Sonos Inc (SONO) 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 $287.9M, roughly 1.2× Sonos Inc). Walker & Dunlop, Inc. runs the higher net margin — -12.9% vs -13.1%, a 0.2% gap on every dollar of revenue. On growth, Sonos Inc posted the faster year-over-year revenue change (12.7% vs -0.4%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs -31.5%).
Sonos, Inc. is an American audio equipment manufacturer headquartered in Santa Barbara, California. The company was founded in 2002 by John MacFarlane, Craig Shelburne, Tom Cullen, and Trung Mai.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
SONO vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $287.9M | $340.0M |
| Net Profit | $-37.9M | $-13.9M |
| Gross Margin | 43.7% | — |
| Operating Margin | -12.0% | -17.2% |
| Net Margin | -13.1% | -12.9% |
| Revenue YoY | 12.7% | -0.4% |
| Net Profit YoY | 28.7% | -131.0% |
| EPS (diluted) | $-0.30 | $-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 | $287.9M | $337.7M | ||
| Q2 25 | $344.8M | $319.2M | ||
| Q1 25 | $259.8M | $237.4M | ||
| Q4 24 | $550.9M | $341.5M | ||
| Q3 24 | $255.4M | $292.3M | ||
| Q2 24 | $397.1M | $270.7M | ||
| Q1 24 | $252.7M | $228.1M |
| Q4 25 | — | $-13.9M | ||
| Q3 25 | $-37.9M | $33.5M | ||
| Q2 25 | $-3.4M | $34.0M | ||
| Q1 25 | $-70.1M | $2.8M | ||
| Q4 24 | $50.2M | $44.8M | ||
| Q3 24 | $-53.1M | $28.8M | ||
| Q2 24 | $3.7M | $22.7M | ||
| Q1 24 | $-69.7M | $11.9M |
| Q4 25 | — | — | ||
| Q3 25 | 43.7% | — | ||
| Q2 25 | 43.4% | — | ||
| Q1 25 | 43.7% | — | ||
| Q4 24 | 43.8% | — | ||
| Q3 24 | 40.3% | — | ||
| Q2 24 | 48.3% | — | ||
| Q1 24 | 44.3% | — |
| Q4 25 | — | -17.2% | ||
| Q3 25 | -12.0% | 13.6% | ||
| Q2 25 | -0.8% | 14.5% | ||
| Q1 25 | -23.6% | 2.2% | ||
| Q4 24 | 8.7% | 15.3% | ||
| Q3 24 | -27.2% | 12.8% | ||
| Q2 24 | 3.2% | 10.4% | ||
| Q1 24 | -28.1% | 6.0% |
| Q4 25 | — | -12.9% | ||
| Q3 25 | -13.1% | 9.9% | ||
| Q2 25 | -1.0% | 10.6% | ||
| Q1 25 | -27.0% | 1.2% | ||
| Q4 24 | 9.1% | 13.1% | ||
| Q3 24 | -20.8% | 9.9% | ||
| Q2 24 | 0.9% | 8.4% | ||
| Q1 24 | -27.6% | 5.2% |
| Q4 25 | — | $-0.41 | ||
| Q3 25 | $-0.30 | $0.98 | ||
| Q2 25 | $-0.03 | $0.99 | ||
| Q1 25 | $-0.58 | $0.08 | ||
| Q4 24 | $0.40 | $1.32 | ||
| Q3 24 | $-0.42 | $0.85 | ||
| Q2 24 | $0.03 | $0.67 | ||
| Q1 24 | $-0.56 | $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 | $174.7M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $355.2M | $1.7B |
| Total Assets | $823.3M | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $299.3M | ||
| Q3 25 | $174.7M | $274.8M | ||
| Q2 25 | $201.3M | $233.7M | ||
| Q1 25 | $173.2M | $181.0M | ||
| Q4 24 | $280.0M | $279.3M | ||
| Q3 24 | $169.7M | $179.8M | ||
| Q2 24 | $227.1M | $208.1M | ||
| Q1 24 | $246.0M | $216.5M |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $355.2M | $1.8B | ||
| Q2 25 | $399.3M | $1.8B | ||
| Q1 25 | $382.9M | $1.7B | ||
| Q4 24 | $469.1M | $1.7B | ||
| Q3 24 | $428.6M | $1.7B | ||
| Q2 24 | $464.4M | $1.7B | ||
| Q1 24 | $494.0M | $1.7B |
| Q4 25 | — | $5.1B | ||
| Q3 25 | $823.3M | $5.8B | ||
| Q2 25 | $834.4M | $4.7B | ||
| Q1 25 | $792.2M | $4.5B | ||
| Q4 24 | $963.6M | $4.4B | ||
| Q3 24 | $916.3M | $4.6B | ||
| Q2 24 | $961.1M | $4.2B | ||
| Q1 24 | $925.6M | $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 | $2.9M | $-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 | $2.9M | $-948.1M | ||
| Q2 25 | $37.4M | $-238.5M | ||
| Q1 25 | $-59.7M | $-281.1M | ||
| Q4 24 | $156.2M | $129.4M | ||
| Q3 24 | $-37.7M | $-202.0M | ||
| Q2 24 | $63.5M | $-237.8M | ||
| Q1 24 | $-111.2M | $38.4M |
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | $32.7M | $-241.0M | ||
| Q1 25 | $-65.2M | $-284.7M | ||
| Q4 24 | $143.1M | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | $40.3M | $-241.7M | ||
| Q1 24 | $-121.4M | $35.2M |
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | 9.5% | -75.5% | ||
| Q1 25 | -25.1% | -120.0% | ||
| Q4 24 | 26.0% | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | 10.1% | -89.3% | ||
| Q1 24 | -48.1% | 15.4% |
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 1.4% | 0.8% | ||
| Q1 25 | 2.1% | 1.5% | ||
| Q4 24 | 2.4% | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | 5.8% | 1.4% | ||
| Q1 24 | 4.0% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | 3.11× | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | 17.12× | -10.49× | ||
| Q1 24 | — | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SONO
| Sonos Speakers | $206.5M | 72% |
| Sonos System Products | $65.2M | 23% |
| Partner Products And Other Revenue | $16.2M | 6% |
WD
Segment breakdown not available.
