Velocity Financial (VEL) Interest Expenses (2019 - 2026)

Velocity Financial's (VEL) quarterly Interest Expenses came in at $100.4 million in Q1 2026, up 50.81% year-on-year from $66.6 million in Q1 2025, and down 19.08% quarter-over-quarter from $124.1 million in Q4 2025.

Velocity Financial (VEL) Interest Expenses (2019 - 2026) Analysis & Trends

Velocity Financial's Interest Expenses history runs 8 years deep, the most recent figure standing at $100.4 million for Q1 2026.

  • On a quarterly basis, Interest Expenses rose 50.81% year-over-year to $100.4 million in Q1 2026; TTM through Mar 2026 was $407.5 million, a 51.34% increase from a year earlier, with the FY2025 full-year figure at $365.0 million, up 34.68% from the prior year.
  • Interest Expenses eased to $100.4 million in Q1 2026 per VEL's latest filing, from $124.1 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $124.1 million in Q4 2025 and bottomed at $17.3 million in Q4 2023.
  • The 5-year median for Interest Expenses is $61.1 million (2024), against an average of $62.3 million.
  • Across the five-year window, Interest Expenses plunged 60.33% in 2023 and jumped 290.06% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at $43.5 million in 2022, then plunged by 60.33% to $17.3 million in 2023, then soared by 290.06% to $67.3 million in 2024, then surged by 84.29% to $124.1 million in 2025, then dropped by 19.08% to $100.4 million in 2026.
  • Per Business Quant, the three latest VEL Interest Expenses figures stand at $100.4 million (Q1 2026), $124.1 million (Q4 2025), and $95.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 349.00 Mn
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - 34.64 Bn
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 29.83 Bn
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 249.27 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - 2.56 Mn
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 17.07 Mn
7 Velocity Financial 681.36 Mn -6.51 Bn - 100.42 Mn
8 UWM Holdings 540.43 Mn 116.43 Mn - 145.97 Mn
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 5.73 Mn
10 Onity 340.51 Mn 215.81 Mn - 68.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 100.42 Mn
Mar 31, 2026 100.42 Mn
Dec 31, 2025 124.09 Mn
Dec 31, 2025 124.09 Mn
Sep 30, 2025 95.04 Mn
Sep 30, 2025 95.04 Mn
Jun 30, 2025 87.98 Mn
Jun 30, 2025 87.98 Mn
Mar 31, 2025 66.58 Mn
Mar 31, 2025 66.58 Mn
Dec 31, 2024 67.34 Mn
Dec 31, 2024 67.34 Mn
Sep 30, 2024 70.01 Mn
Sep 30, 2024 70.01 Mn
Jun 30, 2024 65.34 Mn
Jun 30, 2024 65.34 Mn
Mar 31, 2024 61.06 Mn
Mar 31, 2024 61.06 Mn
Dec 31, 2023 17.26 Mn
Dec 31, 2023 17.26 Mn