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| Date | Value |
|---|---|
| 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 |