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
DateValue
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