Velocity Financial (VEL) Other Operating Expenses (2019 - 2026)
Velocity Financial's (VEL) quarterly Other Operating Expenses came in at $43.0 million in Q1 2026, up 28.44% year-on-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.
- On a quarterly basis, Other Operating Expenses rose 28.44% year-over-year to $43.0 million in Q1 2026; TTM through Mar 2026 was $173.1 million, a 58.73% 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 declined to $43.0 million in Q1 2026 per VEL's latest filing, from $53.2 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $53.2 million in Q4 2025 and bottomed 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.
- Across the five-year window, Other Operating Expenses soared 792.92% in 2022 and climbed 19.42% in 2024, its largest moves.
- Year by year, Other Operating Expenses stood at $11.4 million in 2022, then jumped by 89.75% to $21.7 million in 2023, then surged by 49.19% to $32.3 million in 2024, then surged by 64.7% to $53.2 million in 2025, then decreased by 19.33% to $43.0 million in 2026.
- Per Business Quant, the three latest VEL Other Operating Expenses figures stand at $43.0 million (Q1 2026), $53.2 million (Q4 2025), and $37.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 38.33 Bn | 35.64 Bn | - |
| 2 | Federal National Mortgage Association Fannie Mae | 35.67 Bn | 35.67 Bn | - |
| 3 | Federal Home Loan Mortgage | 18.11 Bn | 13.64 Bn | - |
| 4 | PennyMac Financial Services | 4.41 Bn | 3.76 Bn | 523.89 Mn |
| 5 | CNFinance Holdings | 3.28 Bn | 3.20 Bn | - |
| 6 | Walker & Dunlop | 1.64 Bn | 1.44 Bn | - |
| 7 | Velocity Financial | 681.36 Mn | -6.51 Bn | - |
| 8 | UWM Holdings | 540.43 Mn | 116.43 Mn | - |
| 9 | Better Home & Finance Holding | 362.34 Mn | 298.07 Mn | - |
| 10 | Onity | 340.51 Mn | 215.81 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.43 Mn |