Velocity Financial (VEL) Net Margin (2019 - 2026)
Velocity Financial (VEL) posted Net Margin of 27.18% for Q2 2026, down 9.88% on a QoQ basis from 24.74% in Q1 2026, and up 834.0% year-over-year from 2.91% in Q2 2025.
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Analysis
Velocity Financial (VEL) Net Margin (2019 - 2026) Analysis & Trends
Velocity Financial has reported Net Margin for 8 years, with the latest figure at 27.18% in Q2 2026.
- On a quarterly basis, Net Margin rose 834.0% year-over-year to 27.18% in Q2 2026; TTM through Jun 2026 was 31.12%, a 115.0% increase from a year earlier, with the FY2025 full-year figure at 34.62%, down 234.0% from the prior year.
- Net Margin was 27.18% for Q2 2026 at Velocity Financial, down from 24.74% in the prior quarter.
- The five-year high for Net Margin was 693.26% in Q3 2022, with the low at 41.09% in Q4 2025.
- Average Net Margin over 5 years is 51.7%, with a median of 29.41% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 28167 bps in 2022, then plunged 72299 bps in 2023.
- Over 5 years, Net Margin stood at 26.21% in 2022, then slumped by 51 bps to 39.49% in 2023, then climbed by 9 bps to 35.88% in 2024, then decreased by 15 bps to 41.09% in 2025, then surged by 34 bps to 27.18% in 2026.
- The last three Net Margin figures came in at 27.18% (Q2 2026), 24.74% (Q1 2026), and 41.09% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Federal National Mortgage Association Fannie Mae | 79.20 Bn | 79.20 Bn | - | 2.02% |
| 2 | Rocket Companies | 36.90 Bn | 33.80 Bn | - | 8.23% |
| 3 | Figure Technology Solutions | 8.11 Bn | 6.58 Bn | 196.67 Mn | 38.76% |
| 4 | PennyMac Financial Services | 3.60 Bn | 2.85 Bn | 480.08 Mn | 4.37% |
| 5 | Federal Agricultural Mortgage | 2.42 Bn | 1.38 Bn | - | 47.10% |
| 6 | CNFinance Holdings | 1.37 Bn | 1.37 Bn | - | - |
| 7 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | 0.93% |
| 8 | Velocity Financial | 695.59 Mn | -6.76 Bn | - | - |
| 9 | UWM Holdings | 453.97 Mn | -44.44 Mn | - | -50.89% |
| 10 | Onity | 291.17 Mn | 94.87 Mn | - | -4.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -27.18% |
| Mar 31, 2026 | -24.74% |
| Dec 31, 2025 | -41.09% |
| Sep 30, 2025 | -31.94% |
| Jun 30, 2025 | -35.52% |
| Mar 31, 2025 | -28.30% |
| Dec 31, 2024 | -35.88% |
| Sep 30, 2024 | -28.83% |
| Jun 30, 2024 | -29.09% |
| Mar 31, 2024 | -35.91% |
| Dec 31, 2023 | -39.49% |
| Sep 30, 2023 | -29.73% |
| Jun 30, 2023 | -32.14% |
| Mar 31, 2023 | -29.89% |
| Dec 31, 2022 | -26.21% |
| Sep 30, 2022 | 693.26% |
| Jun 30, 2022 | 540.63% |
| Mar 31, 2022 | 172.62% |
| Dec 31, 2021 | -16.94% |
| Sep 30, 2021 | 411.60% |