Velocity Financial (VEL) Tax Provisions (2019 - 2026)
Velocity Financial's Tax Provisions was $9.5 million in Q2 2026, up 22.6% from $7.75 million a year earlier and up 10.8% from the prior quarter.
Velocity Financial (VEL) Tax Provisions (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Velocity Financial's Tax Provisions was $43.34 million through Jun 30, 2026, up 31.9% year-over-year; for FY2025, it came in at $41.26 million, up 47.7% from FY2024.
- Tax Provisions has now increased for five consecutive years, with a five-year compound annual growth rate of 50.5% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $27.93 million in FY2024 (+48.3%), $18.83 million in FY2023 (+56.5%), $12.03 million in FY2022 (+13.9%) and $10.57 million in FY2021 (+97.5%).
- Quarterly Tax Provisions has moved between $790,000 (Q1 2022) and $15.3 million (Q4 2025) over five years.
- Compared with a year earlier, Tax Provisions has increased for 17 straight quarters, with growth averaging 44.9% over the last eight quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q1 2023 (growth of 409.0%); the worst was Q1 2022 (a decline of 34.6%).
- Per Business Quant data, VEL's Tax Provisions in the three quarters before Q2 2026 was $8.58 million (Q1 2026), $15.3 million (Q4 2025) and $9.96 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 249.00 Mn |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 1.38 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 935.00 Mn |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 57.65 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 40.90 Mn |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 289.00 Mn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 16.34 Mn |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | 6.00 Mn |
| 10 | Velocity Financial | 657.22 Mn | 319.62 Mn | - | 11.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.06 Mn |
| Jun 30, 2026 | 9.50 Mn |
| Mar 31, 2026 | 8.58 Mn |
| Dec 31, 2025 | 15.30 Mn |
| Sep 30, 2025 | 9.96 Mn |
| Jun 30, 2025 | 7.75 Mn |
| Mar 31, 2025 | 8.25 Mn |
| Dec 31, 2024 | 11.23 Mn |
| Sep 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 5.16 Mn |
| Mar 31, 2024 | 5.90 Mn |
| Dec 31, 2023 | 5.14 Mn |
| Sep 30, 2023 | 5.07 Mn |
| Jun 30, 2023 | 4.60 Mn |
| Mar 31, 2023 | 4.02 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 3.76 Mn |
| Jun 30, 2022 | 4.02 Mn |
| Mar 31, 2022 | 790,000.00 |
| Dec 31, 2021 | 3.02 Mn |
Velocity Financial Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=VEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "VEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();