Velocity Financial (VEL) Net Income (2019 - 2026)
Velocity Financial (VEL) posted quarterly Net Income of $22.3 million for Q1 2026, up 19.58% year-over-year from $18.6 million in Q1 2025, and down 35.84% quarter-over-quarter from $34.8 million in Q4 2025.
Velocity Financial (VEL) Net Income (2019 - 2026) Analysis & Trends
Velocity Financial's Net Income history runs 8 years deep, the most recent figure standing at $22.3 million for Q1 2026.
- In Q1 2026, Net Income rose 19.58% year-over-year to $22.3 million; the TTM figure through Mar 2026 stood at $108.6 million (up 55.68% YoY), while the FY2025 annual figure was $137.8 million, up 42.99% from the prior year.
- Net Income for Q1 2026 stood at $22.3 million, down from $34.8 million in the prior quarter.
- The five-year high for Net Income was $34.8 million in Q4 2025, with the low at $3.2 million in Q1 2022.
- The 5-year median for Net Income is $15.6 million (2024), against an average of $16.5 million.
- The sharpest annual moves came in 2022 and 2023: Net Income slipped 4.86% in 2022, then soared 232.28% in 2023.
- Velocity Financial's Net Income stood at $8.2 million in 2022, then surged by 108.65% to $17.2 million in 2023, then grew by 21.2% to $20.8 million in 2024, then surged by 67.04% to $34.8 million in 2025, then tumbled by 35.84% to $22.3 million in 2026.
- Business Quant data shows VEL's Net Income at $22.3 million in Q1 2026, $34.8 million in Q4 2025, and $25.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 229.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | 3.98 Bn |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | 3.84 Bn |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 21.73 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 2.84 Mn |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 25.73 Mn |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | -451.90 Mn |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | -11.90 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | -6.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.73 Mn |
| Mar 31, 2026 | 22.30 Mn |
| Dec 31, 2025 | 34.75 Mn |
| Sep 30, 2025 | 25.41 Mn |
| Jun 30, 2025 | 26.17 Mn |
| Mar 31, 2025 | 18.65 Mn |
| Dec 31, 2024 | 20.81 Mn |
| Sep 30, 2024 | 15.62 Mn |
| Jun 30, 2024 | 14.71 Mn |
| Mar 31, 2024 | 17.33 Mn |
| Dec 31, 2023 | 17.17 Mn |
| Sep 30, 2023 | 12.17 Mn |
| Jun 30, 2023 | 12.22 Mn |
| Mar 31, 2023 | 10.74 Mn |
| Dec 31, 2022 | 8.23 Mn |
| Sep 30, 2022 | 10.29 Mn |
| Jun 30, 2022 | 10.77 Mn |
| Mar 31, 2022 | 3.23 Mn |
| Dec 31, 2021 | 8.35 Mn |
| Sep 30, 2021 | 8.02 Mn |