Velocity Financial (VEL) EBIT (2019 - 2026)
Velocity Financial's (VEL) quarterly EBIT came in at $131.3 million in Q1 2026, up 40.45% year-on-year from $93.5 million in Q1 2025, and down 24.61% quarter-over-quarter from $174.1 million in Q4 2025.
Velocity Financial (VEL) EBIT (2019 - 2026) Analysis & Trends
Velocity Financial's EBIT history runs 8 years deep, the most recent figure standing at $131.3 million for Q1 2026.
- On a quarterly basis, EBIT rose 40.45% year-over-year to $131.3 million in Q1 2026; TTM through Mar 2026 was $557.8 million, a 51.02% increase from a year earlier, with the FY2025 full-year figure at $511.3 million, up 39.15% from the prior year.
- EBIT eased to $131.3 million in Q1 2026 per VEL's latest filing, from $174.1 million in the prior quarter.
- Across five years, EBIT topped out at $174.1 million in Q4 2025 and bottomed at $39.6 million in Q4 2023.
- The 5-year median for EBIT is $84.3 million (2024), against an average of $85.1 million.
- Across the five-year window, EBIT declined 28.33% in 2023 and soared 151.13% in 2024, its largest moves.
- Year by year, EBIT stood at $55.2 million in 2022, then retreated by 28.33% to $39.6 million in 2023, then jumped by 151.13% to $99.4 million in 2024, then jumped by 75.24% to $174.1 million in 2025, then dropped by 24.61% to $131.3 million in 2026.
- Per Business Quant, the three latest VEL EBIT figures stand at $131.3 million (Q1 2026), $174.1 million (Q4 2025), and $130.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 749.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 39.31 Bn |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 34.26 Bn |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 83.60 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 43.02 Mn |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 131.29 Mn |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 323.47 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -45.19 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 76.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 131.29 Mn |
| Dec 31, 2025 | 174.14 Mn |
| Sep 30, 2025 | 130.42 Mn |
| Jun 30, 2025 | 121.90 Mn |
| Mar 31, 2025 | 93.48 Mn |
| Dec 31, 2024 | 99.37 Mn |
| Sep 30, 2024 | 91.26 Mn |
| Jun 30, 2024 | 85.22 Mn |
| Mar 31, 2024 | 84.29 Mn |
| Dec 31, 2023 | 39.57 Mn |
| Sep 30, 2023 | 68.96 Mn |
| Jun 30, 2023 | 66.41 Mn |
| Mar 31, 2023 | 60.93 Mn |
| Dec 31, 2022 | 55.21 Mn |
| Sep 30, 2022 | 52.62 Mn |
| Jun 30, 2022 | 47.72 Mn |
| Mar 31, 2022 | 44.72 Mn |
| Dec 31, 2021 | 32.69 Mn |
| Sep 30, 2021 | 35.74 Mn |
| Jun 30, 2021 | 37.76 Mn |