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| Date | Value |
|---|---|
| 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 |