Velocity Financial (VEL) Tax Provisions (2019 - 2026)
Velocity Financial (VEL) posted Tax Provisions of $9.5 million for Q2 2026, up 10.76% on a QoQ basis from $8.6 million in Q1 2026, and up 22.56% year-over-year from $7.8 million in Q2 2025.
Analysis
Velocity Financial (VEL) Tax Provisions (2019 - 2026) Analysis & Trends
Velocity Financial has reported Tax Provisions for 8 years, with the latest figure at $9.5 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 22.56% year-over-year to $9.5 million in Q2 2026; TTM through Jun 2026 was $43.3 million, a 31.89% increase from a year earlier, with the FY2025 full-year figure at $49.4 million, up 25.5% from the prior year.
- Tax Provisions was $9.5 million for Q2 2026 at Velocity Financial, up from $8.6 million in the prior quarter.
- The five-year high for Tax Provisions was $15.3 million in Q4 2025, with the low at $790000.0 in Q1 2022.
- Average Tax Provisions over 5 years is $6.6 million, with a median of $5.4 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions sank 34.6% in 2022, then jumped 408.99% in 2023.
- Over 5 years, Tax Provisions stood at $3.5 million in 2022, then surged by 48.37% to $5.1 million in 2023, then soared by 118.5% to $11.2 million in 2024, then soared by 36.17% to $15.3 million in 2025, then slumped by 37.89% to $9.5 million in 2026.
- The last three Tax Provisions figures came in at $9.5 million (Q2 2026), $8.6 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 46.15 Bn | 43.05 Bn | - | 52.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 30.33 Bn | 30.33 Bn | - | 1.01 Bn |
| 3 | Figure Technology Solutions | 7.94 Bn | 6.40 Bn | 196.67 Mn | -4.45 Mn |
| 4 | PennyMac Financial Services | 3.45 Bn | 2.70 Bn | 480.08 Mn | 9.80 Mn |
| 5 | Federal Agricultural Mortgage | 2.40 Bn | 1.36 Bn | - | 14.89 Mn |
| 6 | UWM Holdings | 2.01 Bn | 2.36 Bn | - | -21.02 Mn |
| 7 | Walker & Dunlop | 1.26 Bn | 1.11 Bn | - | -764,000.00 |
| 8 | CNFinance Holdings | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Velocity Financial | 630.27 Mn | -6.82 Bn | - | 9.50 Mn |
| 10 | Onity | 266.14 Mn | 69.84 Mn | - | -3.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 2.91 Mn |