Velocity Financial (VEL) Operating Expenses (2019 - 2026)

Velocity Financial has reported Operating Expenses for 8 years, with the latest figure at $59.8 million in Q2 2026.

• On a quarterly basis, Operating Expenses rose 15.1% year-over-year to $59.8 million in Q2 2026; TTM through Jun 2026 was $217.3 million, a 29.49% increase from a year earlier, with the FY2025 full-year figure at $197.4 million, up 41.33% from the prior year.
• Operating Expenses was $59.8 million for Q2 2026 at Velocity Financial, up from $54.3 million in the prior quarter.
• The five-year high for Operating Expenses was $59.8 million in Q2 2026, with the low at $12.9 million in Q1 2022.
• Average Operating Expenses over 5 years is $34.1 million, with a median of $32.8 million recorded in 2024.
• The sharpest annual moves came in 2023 and 2026: Operating Expenses soared 106.37% in 2023, then increased 15.1% in 2026.
• Over 5 years, Operating Expenses stood at $20.8 million in 2022, then soared by 40.65% to $29.3 million in 2023, then soared by 33.72% to $39.1 million in 2024, then soared by 35.09% to $52.9 million in 2025, then increased by 13.05% to $59.8 million in 2026.
• The last three Operating Expenses figures came in at $59.8 million (Q2 2026), $54.3 million (Q1 2026), and $52.9 million (Q4 2025), per Business Quant data.