Velocity Financial (VEL) Deferred Taxes (2019 - 2026)
Velocity Financial (VEL) posted Deferred Taxes of -$1.6 million for Q2 2026, down 139.15% on a QoQ basis from $4.1 million in Q1 2026, and down 84.2% year-over-year from -$10.1 million in Q2 2025.
Analysis
Velocity Financial (VEL) Deferred Taxes (2019 - 2026) Analysis & Trends
Velocity Financial has reported Deferred Taxes for 8 years, with the latest figure at -$1.6 million in Q2 2026.
- On a quarterly basis, Deferred Taxes fell 84.2% year-over-year to -$1.6 million in Q2 2026; TTM through Jun 2026 was -$7.7 million, a 22.39% increase from a year earlier, with the FY2025 full-year figure at -$8.1 million, up 28.84% from the prior year.
- Deferred Taxes was -$1.6 million for Q2 2026 at Velocity Financial, down from $4.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $10.9 million in Q3 2022, with the low at -$11.8 million in Q3 2024.
- Average Deferred Taxes over 5 years is -$156555.6, with a median of $147500.0 recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Deferred Taxes jumped 1860.63% in 2023, then slumped 1726.91% in 2025.
- Over 5 years, Deferred Taxes stood at -$695000.0 in 2022, then plunged by 135.11% to -$1.6 million in 2023, then jumped by 79.99% to -$327000.0 in 2024, then plunged by 1726.91% to -$6.0 million in 2025, then jumped by 73.27% to -$1.6 million in 2026.
- The last three Deferred Taxes figures came in at -$1.6 million (Q2 2026), $4.1 million (Q1 2026), and -$6.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 59.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | - |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | - |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | -1.60 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | -3.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.60 Mn |
| Mar 31, 2026 | 4.08 Mn |
| Dec 31, 2025 | -5.97 Mn |
| Sep 30, 2025 | -4.26 Mn |
| Jun 30, 2025 | -867,000.00 |
| Mar 31, 2025 | 2.96 Mn |
| Dec 31, 2024 | -327,000.00 |
| 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 | -695,000.00 |
| Sep 30, 2022 | 10.86 Mn |
| Jun 30, 2022 | 1.28 Mn |
| Mar 31, 2022 | 127,000.00 |
| Dec 31, 2021 | 423,000.00 |
| Sep 30, 2021 | -3.83 Mn |