Velocity Financial (VEL) EBT (2019 - 2026)
Velocity Financial's (VEL) quarterly EBT came in at $30.9 million in Q1 2026, up 14.81% year-on-year from $26.9 million in Q1 2025, and down 38.31% quarter-over-quarter from $50.0 million in Q4 2025.
Velocity Financial (VEL) EBT (2019 - 2026) Analysis & Trends
Velocity Financial's EBT history runs 8 years deep, the most recent figure standing at $30.9 million for Q1 2026.
- On a quarterly basis, EBT rose 14.81% year-over-year to $30.9 million in Q1 2026; TTM through Mar 2026 was $150.2 million, a 50.15% increase from a year earlier, with the FY2025 full-year figure at $146.2 million, up 51.72% from the prior year.
- EBT retreated to $30.9 million in Q1 2026 per VEL's latest filing, from $50.0 million in the prior quarter.
- Across five years, EBT topped out at $50.0 million in Q4 2025 and bottomed at $4.0 million in Q1 2022.
- The 5-year median for EBT is $21.2 million (2024), against an average of $22.9 million.
- Across the five-year window, EBT retreated 12.66% in 2022 and jumped 267.0% in 2023, its largest moves.
- Year by year, EBT stood at $11.7 million in 2022, then surged by 90.79% to $22.3 million in 2023, then jumped by 43.62% to $32.0 million in 2024, then soared by 56.22% to $50.0 million in 2025, then tumbled by 38.31% to $30.9 million in 2026.
- Per Business Quant, the three latest VEL EBT figures stand at $30.9 million (Q1 2026), $50.0 million (Q4 2025), and $35.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 400.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 4.66 Bn |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 4.43 Bn |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 104.69 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 25.95 Mn |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | 30.88 Mn |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 177.50 Mn |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -50.92 Mn |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 7.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.88 Mn |
| Dec 31, 2025 | 50.05 Mn |
| Sep 30, 2025 | 35.38 Mn |
| Jun 30, 2025 | 33.92 Mn |
| Mar 31, 2025 | 26.89 Mn |
| Dec 31, 2024 | 32.04 Mn |
| Sep 30, 2024 | 21.24 Mn |
| Jun 30, 2024 | 19.87 Mn |
| Mar 31, 2024 | 23.24 Mn |
| Dec 31, 2023 | 22.31 Mn |
| Sep 30, 2023 | 17.24 Mn |
| Jun 30, 2023 | 16.82 Mn |
| Mar 31, 2023 | 14.76 Mn |
| Dec 31, 2022 | 11.69 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 |
| Jun 30, 2021 | 12.89 Mn |