Velocity Financial (VEL) Deferred Taxes (2019 - 2026)

Velocity Financial's (VEL) quarterly Deferred Taxes came in at $4.1 million in Q1 2026, up 37.66% year-on-year from $3.0 million in Q1 2025, and up 196.84% quarter-over-quarter from -$4.2 million in Q4 2025.

Velocity Financial (VEL) Deferred Taxes (2019 - 2026) Analysis & Trends

Velocity Financial's Deferred Taxes history runs 8 years deep, the most recent figure standing at $4.1 million for Q1 2026.

  • On a quarterly basis, Deferred Taxes rose 37.66% year-over-year to $4.1 million in Q1 2026; TTM through Mar 2026 was -$5.3 million, a 11.11% increase from a year earlier, with the FY2025 full-year figure at -$6.4 million, up 24.11% from the prior year.
  • Deferred Taxes improved to $4.1 million in Q1 2026 per VEL's latest filing, from -$4.2 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $10.9 million in Q3 2022 and bottomed at -$11.8 million in Q3 2024.
  • The 5-year median for Deferred Taxes is $480000.0 (2024), against an average of $32823.5.
  • Across the five-year window, Deferred Taxes surged 1860.63% in 2023 and tumbled 1101.02% in 2024, its largest moves.
  • Year by year, Deferred Taxes stood at -$3.7 million in 2022, then surged by 55.99% to -$1.6 million in 2023, then surged by 265.73% to $2.7 million in 2024, then slumped by 255.54% to -$4.2 million in 2025, then soared by 196.84% to $4.1 million in 2026.
  • Per Business Quant, the three latest VEL Deferred Taxes figures stand at $4.1 million (Q1 2026), -$4.2 million (Q4 2025), and -$4.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 97.00 Mn
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 - 4.08 Mn
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 - 1.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.08 Mn
Dec 31, 2025 -4.21 Mn
Sep 30, 2025 -4.26 Mn
Jun 30, 2025 -867,000.00
Mar 31, 2025 2.96 Mn
Dec 31, 2024 2.71 Mn
Sep 30, 2024 -11.75 Mn
Jun 30, 2024 168,000.00
Mar 31, 2024 480,000.00
Dec 31, 2023 -1.63 Mn
Sep 30, 2023 1.17 Mn
Jun 30, 2023 664,000.00
Mar 31, 2023 2.49 Mn
Dec 31, 2022 -3.71 Mn
Sep 30, 2022 10.86 Mn
Jun 30, 2022 1.28 Mn
Mar 31, 2022 127,000.00
Dec 31, 2021 3.01 Mn
Sep 30, 2021 -3.83 Mn
Jun 30, 2021 -3.95 Mn