Velocity Financial (VEL) Rent Expense (2019 - 2026)
Velocity Financial's quarterly Rent Expense came in at $340000.0 in Q1 2026, up 23.64% year-on-year from $275000.0 in Q1 2025, and up 23.64% quarter-over-quarter from $275000.0 in Q4 2025.
Velocity Financial has reported Rent Expense for 8 years, with the latest figure at $340000.0 in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 23.64% year-over-year to $340000.0; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (down 30.46% YoY), and the FY2025 full-year result was $1.1 million, down 41.84% from the prior year.
- Rent Expense for Q1 2026 stood at $340000.0, up from $275000.0 in the prior quarter.
- The five-year high for Rent Expense was $617000.0 in Q2 2024, with the low at $274000.0 in Q3 2025.
- Average Rent Expense over 5 years is $415647.1, with a median of $442000.0 recorded in 2022.
- Year-over-year, Rent Expense surged 34.72% in 2024 and sank 51.7% in 2025.
- Tracing VEL's Rent Expense over 5 years: stood at $435000.0 in 2022, then rose by 26.44% to $550000.0 in 2023, then sank by 46.18% to $296000.0 in 2024, then slipped by 7.09% to $275000.0 in 2025, then grew by 23.64% to $340000.0 in 2026.
- The last three Rent Expense figures came in at $340000.0 (Q1 2026), $275000.0 (Q4 2025), and $274000.0 (Q3 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 340,000.00 |
| Mar 31, 2026 | 340,000.00 |
| Dec 31, 2025 | 275,000.00 |
| Dec 31, 2025 | 275,000.00 |
| Sep 30, 2025 | 274,000.00 |
| Sep 30, 2025 | 274,000.00 |
| Jun 30, 2025 | 298,000.00 |
| Jun 30, 2025 | 298,000.00 |
| Mar 31, 2025 | 275,000.00 |
| Mar 31, 2025 | 275,000.00 |
| Dec 31, 2024 | 296,000.00 |
| Dec 31, 2024 | 296,000.00 |
| Sep 30, 2024 | 519,000.00 |
| Sep 30, 2024 | 519,000.00 |
| Jun 30, 2024 | 617,000.00 |
| Jun 30, 2024 | 617,000.00 |
| Mar 31, 2024 | 498,000.00 |
| Mar 31, 2024 | 498,000.00 |
| Dec 31, 2023 | 550,000.00 |
| Dec 31, 2023 | 550,000.00 |
| Sep 30, 2023 | 472,000.00 |
| Sep 30, 2023 | 472,000.00 |
| Jun 30, 2023 | 458,000.00 |
| Jun 30, 2023 | 458,000.00 |
| Mar 31, 2023 | 446,000.00 |
| Mar 31, 2023 | 446,000.00 |
| Dec 31, 2022 | 435,000.00 |
| Dec 31, 2022 | 435,000.00 |
| Sep 30, 2022 | 445,000.00 |
| Sep 30, 2022 | 445,000.00 |
| Jun 30, 2022 | 426,000.00 |
| Jun 30, 2022 | 426,000.00 |
| Mar 31, 2022 | 442,000.00 |
| Mar 31, 2022 | 442,000.00 |
| Dec 31, 2021 | 429,000.00 |
| Dec 31, 2021 | 429,000.00 |
| Sep 30, 2021 | 447,000.00 |
| Sep 30, 2021 | 447,000.00 |
| Jun 30, 2021 | 430,000.00 |
| Jun 30, 2021 | 430,000.00 |
| Mar 31, 2021 | 463,000.00 |
| Mar 31, 2021 | 463,000.00 |
| Dec 31, 2020 | 424,000.00 |
| Dec 31, 2020 | 424,000.00 |
| Sep 30, 2020 | 415,000.00 |
| Sep 30, 2020 | 415,000.00 |
| Jun 30, 2020 | 448,000.00 |
| Jun 30, 2020 | 448,000.00 |
| Mar 31, 2020 | 456,000.00 |
| Mar 31, 2020 | 456,000.00 |
| Dec 31, 2019 | 426,000.00 |
| Dec 31, 2019 | 426,000.00 |
| Sep 30, 2019 | 369,000.00 |
| Sep 30, 2019 | 369,000.00 |
| Jun 30, 2019 | 399,000.00 |
| Jun 30, 2019 | 399,000.00 |
| Mar 31, 2019 | 338,000.00 |
| Mar 31, 2019 | 338,000.00 |