Velocity Financial (VEL) Interest Expenses (2022 - 2026)
Velocity Financial (VEL) posted Interest Expenses of $93.6 million for Q2 2026, up 3.62% on a QoQ basis from $90.3 million in Q1 2026, and up 27.17% year-over-year from $73.6 million in Q2 2025.
Analysis
Velocity Financial (VEL) Interest Expenses (2022 - 2026) Analysis & Trends
Velocity Financial has reported Interest Expenses for 5 years, with the latest figure at $93.6 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 27.17% year-over-year to $93.6 million in Q2 2026; TTM through Jun 2026 was $352.2 million, a 36.39% increase from a year earlier, with the FY2025 full-year figure at $308.5 million, up 39.96% from the prior year.
- Interest Expenses was $93.6 million for Q2 2026 at Velocity Financial, up from $90.3 million in the prior quarter.
- The five-year high for Interest Expenses was $93.6 million in Q2 2026, with the low at $35.1 million in Q4 2022.
- Average Interest Expenses over 5 years is $60.8 million, with a median of $56.8 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Interest Expenses soared 43.08% in 2025, then advanced 27.17% in 2026.
- Over 5 years, Interest Expenses stood at $35.1 million in 2022, then climbed by 29.33% to $45.4 million in 2023, then surged by 35.14% to $61.3 million in 2024, then soared by 43.08% to $87.7 million in 2025, then gained by 6.68% to $93.6 million in 2026.
- The last three Interest Expenses figures came in at $93.6 million (Q2 2026), $90.3 million (Q1 2026), and $87.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 374.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 33.32 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 19.67 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 270.71 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 332.19 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | 158.94 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 16.80 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 93.57 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | 103.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 93.57 Mn |
| Mar 31, 2026 | 90.30 Mn |
| Dec 31, 2025 | 87.71 Mn |
| Sep 30, 2025 | 80.62 Mn |
| Jun 30, 2025 | 73.58 Mn |
| Mar 31, 2025 | 66.58 Mn |
| Dec 31, 2024 | 61.31 Mn |
| Sep 30, 2024 | 56.77 Mn |
| Jun 30, 2024 | 53.07 Mn |
| Mar 31, 2024 | 49.28 Mn |
| Dec 31, 2023 | 45.37 Mn |
| Sep 30, 2023 | 42.64 Mn |
| Jun 30, 2023 | 39.54 Mn |
| Mar 31, 2023 | 37.20 Mn |
| Dec 31, 2022 | 35.08 Mn |