Velocity Financial (VEL) Interest Expense - Debt (2019 - 2026)
Velocity Financial's Interest Expense - Debt came in at $14.47 million for Q2 2026, up 135.5% from $6.14 million a year earlier but down 4.4% from the prior quarter.
Powered by 
Analysis
Velocity Financial (VEL) Interest Expense - Debt (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Velocity Financial reported Interest Expense - Debt of $41.89 million, up 70.5% year-over-year; for FY2025, it was $24.57 million, up 3.1% from FY2024.
- Interest Expense - Debt carries a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- Going back by year, Interest Expense - Debt was $23.82 million in FY2024 (+43.9%), $16.56 million in FY2023 (-43.8%), $29.47 million in FY2022 (+43.0%) and $20.61 million in FY2021 (+71.0%).
- The five-year range for quarterly Interest Expense - Debt is $4.01 million (Q3 2022) to $17.14 million (Q1 2022).
- Year-over-year, Interest Expense - Debt increased in five of the last eight quarters, with growth averaging 49.1%.
- The fastest year-over-year change in Interest Expense - Debt over five years came in Q1 2026 (growth of 146.4%), and the weakest in Q1 2023 (a decline of 75.9%).
- Business Quant data shows VEL's Interest Expense - Debt at $15.13 million (Q1 2026), $6.14 million (Q4 2025) and $6.14 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 33.74 Bn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | - |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 212.00 Mn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | Velocity Financial | 657.22 Mn | 319.62 Mn | - | 14.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.47 Mn |
| Jun 30, 2026 | 14.47 Mn |
| Mar 31, 2026 | 15.13 Mn |
| Dec 31, 2025 | 6.14 Mn |
| Sep 30, 2025 | 6.14 Mn |
| Jun 30, 2025 | 6.14 Mn |
| Mar 31, 2025 | 6.14 Mn |
| Dec 31, 2024 | 6.14 Mn |
| Sep 30, 2024 | 6.14 Mn |
| Jun 30, 2024 | 6.16 Mn |
| Mar 31, 2024 | 5.38 Mn |
| Dec 31, 2023 | 4.14 Mn |
| Sep 30, 2023 | 4.14 Mn |
| Jun 30, 2023 | 4.14 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Dec 31, 2022 | 4.14 Mn |
| Sep 30, 2022 | 4.01 Mn |
| Jun 30, 2022 | 4.18 Mn |
| Mar 31, 2022 | 17.14 Mn |
| Dec 31, 2021 | 4.46 Mn |
API Access
Velocity Financial Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=VEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "VEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();