Velocity Financial (VEL) Profit After Tax (2019 - 2026)
Velocity Financial (VEL) posted Profit After Tax of $25.7 million for Q2 2026, up 15.4% on a QoQ basis from $22.3 million in Q1 2026, and down 1.67% year-over-year from $26.2 million in Q2 2025.
Analysis
Velocity Financial (VEL) Profit After Tax (2019 - 2026) Analysis & Trends
Velocity Financial has reported Profit After Tax for 8 years, with the latest figure at $25.7 million in Q2 2026.
- On a quarterly basis, Profit After Tax fell 1.67% year-over-year to $25.7 million in Q2 2026; TTM through Jun 2026 was $108.2 million, a 32.93% increase from a year earlier, with the FY2025 full-year figure at $105.1 million, up 53.44% from the prior year.
- Profit After Tax was $25.7 million for Q2 2026 at Velocity Financial, up from $22.3 million in the prior quarter.
- The five-year high for Profit After Tax was $34.8 million in Q4 2025, with the low at $3.2 million in Q1 2022.
- Average Profit After Tax over 5 years is $17.1 million, with a median of $16.6 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Profit After Tax declined 4.86% in 2022, then surged 232.28% in 2023.
- Over 5 years, Profit After Tax stood at $8.5 million in 2022, then surged by 105.09% to $17.4 million in 2023, then climbed by 19.88% to $20.8 million in 2024, then surged by 67.25% to $34.8 million in 2025, then fell by 26.05% to $25.7 million in 2026.
- The last three Profit After Tax figures came in at $25.7 million (Q2 2026), $22.3 million (Q1 2026), and $34.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 230.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 3.98 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | 87.45 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 21.73 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 66.95 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | -451.90 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | 3.01 Mn |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 25.73 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | -11.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.73 Mn |
| Mar 31, 2026 | 22.30 Mn |
| Dec 31, 2025 | 34.80 Mn |
| Sep 30, 2025 | 25.41 Mn |
| Jun 30, 2025 | 26.17 Mn |
| Mar 31, 2025 | 18.65 Mn |
| Dec 31, 2024 | 20.81 Mn |
| Sep 30, 2024 | 15.80 Mn |
| Jun 30, 2024 | 14.78 Mn |
| Mar 31, 2024 | 17.33 Mn |
| Dec 31, 2023 | 17.36 Mn |
| Sep 30, 2023 | 12.17 Mn |
| Jun 30, 2023 | 12.22 Mn |
| Mar 31, 2023 | 10.74 Mn |
| Dec 31, 2022 | 8.46 Mn |
| Sep 30, 2022 | 10.29 Mn |
| Jun 30, 2022 | 10.77 Mn |
| Mar 31, 2022 | 3.23 Mn |
| Dec 31, 2021 | 8.35 Mn |
| Sep 30, 2021 | 8.02 Mn |