Velocity Financial (VEL) Other Operating Expenses (2019 - 2026)
Velocity Financial (VEL) posted Other Operating Expenses of $47.1 million for Q2 2026, up 9.59% on a QoQ basis from $43.0 million in Q1 2026, and up 18.15% year-over-year from $39.8 million in Q2 2025.
Analysis
Velocity Financial (VEL) Other Operating Expenses (2019 - 2026) Analysis & Trends
Velocity Financial has reported Other Operating Expenses for 8 years, with the latest figure at $47.1 million in Q2 2026.
- On a quarterly basis, Other Operating Expenses rose 18.15% year-over-year to $47.1 million in Q2 2026; TTM through Jun 2026 was $180.4 million, a 42.74% increase from a year earlier, with the FY2025 full-year figure at $163.6 million, up 61.36% from the prior year.
- Other Operating Expenses was $47.1 million for Q2 2026 at Velocity Financial, up from $43.0 million in the prior quarter.
- The five-year high for Other Operating Expenses was $53.2 million in Q4 2025, with the low at $3.0 million in Q3 2022.
- Average Other Operating Expenses over 5 years is $24.7 million, with a median of $22.1 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Other Operating Expenses surged 792.92% in 2022, then advanced 18.15% in 2026.
- Over 5 years, Other Operating Expenses stood at $11.4 million in 2022, then surged by 89.75% to $21.7 million in 2023, then soared by 49.19% to $32.3 million in 2024, then soared by 64.7% to $53.2 million in 2025, then dropped by 11.59% to $47.1 million in 2026.
- The last three Other Operating Expenses figures came in at $47.1 million (Q2 2026), $43.0 million (Q1 2026), and $53.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.08 Mn |
| Mar 31, 2026 | 42.96 Mn |
| Dec 31, 2025 | 53.25 Mn |
| Sep 30, 2025 | 37.08 Mn |
| Jun 30, 2025 | 39.85 Mn |
| Mar 31, 2025 | 33.45 Mn |
| Dec 31, 2024 | 32.33 Mn |
| Sep 30, 2024 | 20.73 Mn |
| Jun 30, 2024 | 22.56 Mn |
| Mar 31, 2024 | 25.78 Mn |
| Dec 31, 2023 | 21.67 Mn |
| Sep 30, 2023 | 17.36 Mn |
| Jun 30, 2023 | 14.04 Mn |
| Mar 31, 2023 | 12.84 Mn |
| Dec 31, 2022 | 11.42 Mn |
| Sep 30, 2022 | 3.03 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 6.28 Mn |
| Dec 31, 2021 | 2.62 Mn |
| Sep 30, 2021 | 339,000.00 |