Velocity Financial (VEL) Accumulated Expenses (2019 - 2026)
Velocity Financial's (VEL) quarterly Accumulated Expenses came in at $41.5 million in Q1 2026, up 48.69% year-on-year from $27.9 million in Q1 2025, and up 11.9% quarter-over-quarter from $37.1 million in Q4 2025.
Velocity Financial (VEL) Accumulated Expenses (2019 - 2026) Analysis & Trends
Velocity Financial's Accumulated Expenses history runs 8 years deep, the most recent figure standing at $41.5 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 48.69% year-over-year to $41.5 million in Q1 2026; TTM through Mar 2026 was $41.5 million, a 48.69% increase from a year earlier, with the FY2025 full-year figure at $37.1 million, up 32.41% from the prior year.
- Accumulated Expenses rose to $41.5 million in Q1 2026 per VEL's latest filing, from $37.1 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $41.5 million in Q1 2026 and bottomed at $7.5 million in Q1 2022.
- The 5-year median for Accumulated Expenses is $20.5 million (2023), against an average of $22.4 million.
- Across the five-year window, Accumulated Expenses surged 161.74% in 2022 and increased 25.07% in 2023, its largest moves.
- Year by year, Accumulated Expenses stood at $16.4 million in 2022, then increased by 25.07% to $20.5 million in 2023, then surged by 36.9% to $28.0 million in 2024, then jumped by 32.41% to $37.1 million in 2025, then increased by 11.9% to $41.5 million in 2026.
- Per Business Quant, the three latest VEL Accumulated Expenses figures stand at $41.5 million (Q1 2026), $37.1 million (Q4 2025), and $32.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.53 Mn |
| Dec 31, 2025 | 37.11 Mn |
| Sep 30, 2025 | 32.91 Mn |
| Jun 30, 2025 | 32.65 Mn |
| Mar 31, 2025 | 27.93 Mn |
| Dec 31, 2024 | 28.03 Mn |
| Sep 30, 2024 | 23.61 Mn |
| Jun 30, 2024 | 24.56 Mn |
| Mar 31, 2024 | 19.17 Mn |
| Dec 31, 2023 | 20.47 Mn |
| Sep 30, 2023 | 14.63 Mn |
| Jun 30, 2023 | 18.07 Mn |
| Mar 31, 2023 | 13.08 Mn |
| Dec 31, 2022 | 16.37 Mn |
| Sep 30, 2022 | 10.92 Mn |
| Jun 30, 2022 | 13.07 Mn |
| Mar 31, 2022 | 7.47 Mn |
| Dec 31, 2021 | 6.25 Mn |
| Sep 30, 2021 | 5.58 Mn |
| Jun 30, 2021 | 5.51 Mn |