Velocity Financial (VEL) Revenue (2019 - 2026)

Velocity Financial's (VEL) quarterly Revenue came in at -$99.3 million in Q1 2026, down 50.55% year-on-year from -$200.7 million in Q1 2025, and up 19.43% quarter-over-quarter from -$123.2 million in Q4 2025.

Velocity Financial (VEL) Revenue (2019 - 2026) Analysis & Trends

Velocity Financial's Revenue history runs 8 years deep, the most recent figure standing at -$99.3 million for Q1 2026.

  • On a quarterly basis, Revenue fell 50.55% year-over-year to -$99.3 million in Q1 2026; TTM through Mar 2026 was -$402.0 million, a 53.77% decrease from a year earlier, with the FY2025 full-year figure at -$360.0 million, down 37.09% from the prior year.
  • Revenue grew to -$99.3 million in Q1 2026 per VEL's latest filing, from -$123.2 million in the prior quarter.
  • Across five years, Revenue topped out at -$15.8 million in Q4 2023 and bottomed at -$123.2 million in Q4 2025.
  • The 5-year median for Revenue is -$59.8 million (2024), against an average of -$60.5 million.
  • Across the five-year window, Revenue jumped 61.1% in 2023 and slumped 310.45% in 2024, its largest moves.
  • Year by year, Revenue stood at -$40.7 million in 2022, then surged by 61.1% to -$15.8 million in 2023, then slumped by 310.45% to -$65.0 million in 2024, then plunged by 89.46% to -$123.2 million in 2025, then advanced by 19.43% to -$99.3 million in 2026.
  • Per Business Quant, the three latest VEL Revenue figures stand at -$99.3 million (Q1 2026), -$123.2 million (Q4 2025), and -$92.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 2.94 Bn
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - 5.50 Bn
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 6.13 Bn
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 544.98 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 301.33 Mn
7 Velocity Financial 681.36 Mn -6.51 Bn - -99.25 Mn
8 UWM Holdings 540.43 Mn 116.43 Mn - 901.43 Mn
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - 47.50 Mn
10 Onity 340.51 Mn 215.81 Mn - 19.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -99.25 Mn
Dec 31, 2025 -123.19 Mn
Sep 30, 2025 -92.76 Mn
Jun 30, 2025 -86.78 Mn
Mar 31, 2025 -65.93 Mn
Dec 31, 2024 -65.02 Mn
Sep 30, 2024 -67.40 Mn
Jun 30, 2024 -63.07 Mn
Mar 31, 2024 -59.82 Mn
Dec 31, 2023 -15.84 Mn
Sep 30, 2023 -49.73 Mn
Jun 30, 2023 -47.96 Mn
Mar 31, 2023 -44.60 Mn
Dec 31, 2022 -40.72 Mn
Sep 30, 2022 -37.13 Mn
Jun 30, 2022 -30.97 Mn
Mar 31, 2022 -38.89 Mn
Dec 31, 2021 -19.92 Mn
Sep 30, 2021 -22.86 Mn
Jun 30, 2021 -21.96 Mn