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| Date | Value |
|---|---|
| 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 |