Velocity Financial (VEL) Other Operating Expenses (2019 - 2026)
Velocity Financial (VEL) posted quarterly Other Operating Expenses of $43.0 million for Q1 2026, up 28.44% year-over-year from $33.4 million in Q1 2025, and down 19.33% quarter-over-quarter from $53.2 million in Q4 2025.
Velocity Financial (VEL) Other Operating Expenses (2019 - 2026) Analysis & Trends
Velocity Financial's Other Operating Expenses history runs 8 years deep, the most recent figure standing at $43.0 million for Q1 2026.
- In Q1 2026, Other Operating Expenses rose 28.44% year-over-year to $43.0 million; the TTM figure through Mar 2026 stood at $173.1 million (up 58.73% YoY), while the FY2025 annual figure was $163.6 million, up 61.36% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $43.0 million, down from $53.2 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.
- The 5-year median for Other Operating Expenses is $21.7 million (2023), against an average of $23.4 million.
- The sharpest annual moves came in 2022 and 2024: Other Operating Expenses soared 792.92% in 2022, then rose 19.42% in 2024.
- Velocity Financial's Other Operating Expenses stood at $11.4 million in 2022, then soared by 89.75% to $21.7 million in 2023, then jumped by 49.19% to $32.3 million in 2024, then jumped by 64.7% to $53.2 million in 2025, then retreated by 19.33% to $43.0 million in 2026.
- Business Quant data shows VEL's Other Operating Expenses at $43.0 million in Q1 2026, $53.2 million in Q4 2025, and $37.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - |
Historic Data
Download 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 |