Velocity Financial (VEL) EBIT (2019 - 2026)
Velocity Financial (VEL) posted EBIT of $128.8 million for Q2 2026, up 6.29% on a QoQ basis from $121.2 million in Q1 2026, and up 19.82% year-over-year from $107.5 million in Q2 2025.
Analysis
Velocity Financial (VEL) EBIT (2019 - 2026) Analysis & Trends
Velocity Financial has reported EBIT for 8 years, with the latest figure at $128.8 million in Q2 2026.
- On a quarterly basis, EBIT rose 19.82% year-over-year to $128.8 million in Q2 2026; TTM through Jun 2026 was $503.7 million, a 35.29% increase from a year earlier, with the FY2025 full-year figure at $454.7 million, up 43.53% from the prior year.
- EBIT was $128.8 million for Q2 2026 at Velocity Financial, up from $121.2 million in the prior quarter.
- The five-year high for EBIT was $137.8 million in Q4 2025, with the low at $4.0 million in Q1 2022.
- Average EBIT over 5 years is $74.3 million, with a median of $72.7 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBIT fell 12.66% in 2022, then jumped 1192.04% in 2023.
- Over 5 years, EBIT stood at $46.8 million in 2022, then soared by 44.69% to $67.7 million in 2023, then soared by 37.93% to $93.3 million in 2024, then surged by 47.59% to $137.8 million in 2025, then declined by 6.5% to $128.8 million in 2026.
- The last three EBIT figures came in at $128.8 million (Q2 2026), $121.2 million (Q1 2026), and $137.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 83.31 Bn | 83.31 Bn | - | 38.30 Bn |
| 2 | Rocket Companies | 38.09 Bn | 34.99 Bn | - | 655.00 Mn |
| 3 | Figure Technology Solutions | 8.45 Bn | 6.92 Bn | 196.67 Mn | 77.74 Mn |
| 4 | PennyMac Financial Services | 3.68 Bn | 2.93 Bn | 480.08 Mn | 14.64 Mn |
| 5 | Federal Agricultural Mortgage | 2.45 Bn | 1.41 Bn | - | 414.02 Mn |
| 6 | CNFinance Holdings | 1.41 Bn | 1.41 Bn | - | - |
| 7 | Walker & Dunlop | 1.38 Bn | 1.21 Bn | - | 18.88 Mn |
| 8 | Velocity Financial | 703.72 Mn | -6.75 Bn | - | 128.81 Mn |
| 9 | UWM Holdings | 467.47 Mn | -30.93 Mn | - | -313.98 Mn |
| 10 | Onity | 290.33 Mn | 94.03 Mn | - | 88.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 128.81 Mn |
| Mar 31, 2026 | 121.18 Mn |
| Dec 31, 2025 | 137.76 Mn |
| Sep 30, 2025 | 116.00 Mn |
| Jun 30, 2025 | 107.51 Mn |
| Mar 31, 2025 | 93.48 Mn |
| Dec 31, 2024 | 93.34 Mn |
| Sep 30, 2024 | 78.01 Mn |
| Jun 30, 2024 | 72.95 Mn |
| Mar 31, 2024 | 72.52 Mn |
| Dec 31, 2023 | 67.67 Mn |
| Sep 30, 2023 | 59.88 Mn |
| Jun 30, 2023 | 56.37 Mn |
| Mar 31, 2023 | 51.95 Mn |
| Dec 31, 2022 | 46.77 Mn |
| Sep 30, 2022 | 14.05 Mn |
| Jun 30, 2022 | 14.79 Mn |
| Mar 31, 2022 | 4.02 Mn |
| Dec 31, 2021 | 11.38 Mn |
| Sep 30, 2021 | 10.93 Mn |