Velocity Financial (VEL) Net Margin (2019 - 2026)
Velocity Financial's (VEL) quarterly Net Margin came in at 22.22% in Q1 2026, up 608.0% year-on-year from 3.14% in Q1 2025, and up 20.25% quarter-over-quarter from 27.86% in Q4 2025.
Velocity Financial (VEL) Net Margin (2019 - 2026) Analysis & Trends
Velocity Financial's Net Margin history runs 8 years deep, the most recent figure standing at 22.22% for Q1 2026.
- On a quarterly basis, Net Margin rose 608.0% year-over-year to 22.22% in Q1 2026; TTM through Mar 2026 was 26.64%, a 10.0% decrease from a year earlier, with the FY2025 full-year figure at 28.81%, down 307.0% from the prior year.
- Net Margin climbed to 22.22% in Q1 2026 per VEL's latest filing, from 27.86% in the prior quarter.
- Across five years, Net Margin topped out at 8.03% in Q1 2022 and bottomed at 112.9% in Q4 2023.
- The 5-year median for Net Margin is 26.48% (2022), against an average of 30.43%.
- Across the five-year window, Net Margin tumbled 9212 bps in 2023 and jumped 8163 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 20.78% in 2022, then slumped by 443 bps to 112.9% in 2023, then jumped by 72 bps to 31.27% in 2024, then rose by 11 bps to 27.86% in 2025, then gained by 20 bps to 22.22% in 2026.
- Per Business Quant, the three latest VEL Net Margin figures stand at 22.22% (Q1 2026), 27.86% (Q4 2025), and 26.97% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - | 10.10% |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - | 1.18% |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - | 0.33% |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn | 15.11% |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - | 5.95% |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - | -22.22% |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - | 18.90% |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - | -44.13% |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - | 34.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.22% |
| Dec 31, 2025 | -27.86% |
| Sep 30, 2025 | -26.97% |
| Jun 30, 2025 | -29.63% |
| Mar 31, 2025 | -28.30% |
| Dec 31, 2024 | -31.27% |
| Sep 30, 2024 | -23.16% |
| Jun 30, 2024 | -23.43% |
| Mar 31, 2024 | -28.84% |
| Dec 31, 2023 | -112.90% |
| Sep 30, 2023 | -24.30% |
| Jun 30, 2023 | -25.40% |
| Mar 31, 2023 | -23.88% |
| Dec 31, 2022 | -20.78% |
| Sep 30, 2022 | -26.48% |
| Jun 30, 2022 | -33.85% |
| Mar 31, 2022 | -8.03% |
| Dec 31, 2021 | 1.18% |
| Sep 30, 2021 | -35.09% |
| Jun 30, 2021 | -43.05% |