Velocity Financial (VEL) Net Income (2019 - 2026)
Velocity Financial's Net Income was $25.73 million in Q2 2026, down 1.7% from $26.17 million a year earlier but up 15.4% from the prior quarter.
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Analysis
Velocity Financial (VEL) Net Income (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Velocity Financial's Net Income was $108.2 million through Jun 30, 2026, up 33.2% year-over-year; for FY2025, it was $104.98 million, up 53.3% from FY2024.
- Net Income has now increased for five consecutive years, with a five-year compound annual growth rate of 42.6% (FY2020 to FY2025).
- In earlier years, Net Income was $68.47 million in FY2024 (+30.9%), $52.29 million in FY2023 (+60.8%), $32.52 million in FY2022 (+11.3%) and $29.22 million in FY2021 (+64.4%).
- Quarterly Net Income has moved between $3.23 million (Q1 2022) and $34.75 million (Q4 2025) over five years.
- Compared with a year earlier, Net Income was higher in seven of the last eight quarters, with growth averaging 35.3%.
- The best year-over-year quarter for Net Income over five years was Q1 2023 (growth of 232.3%); the worst was Q4 2021 (a decline of 12.8%).
- Per Business Quant data, VEL's Net Income in the three quarters before Q2 2026 was $22.3 million (Q1 2026), $34.75 million (Q4 2025) and $25.41 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 229.00 Mn |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 1.79 Bn |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | 81.49 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 3.98 Bn |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 1.62 Bn |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 885.00 Mn |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 237.56 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 827.77 Mn |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Velocity Financial | 573.29 Mn | 222.69 Mn | - | 25.73 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Velocity Financial Net Income 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=net-income&ticker=VEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();