Velocity Financial (VEL) Tax Provisions (2019 - 2026)
Velocity Financial (VEL) posted quarterly Tax Provisions of $8.6 million for Q1 2026, up 4.03% year-over-year from $8.2 million in Q1 2025, and down 43.92% quarter-over-quarter from $15.3 million in Q4 2025.
Velocity Financial (VEL) Tax Provisions (2019 - 2026) Analysis & Trends
Velocity Financial's Tax Provisions history runs 8 years deep, the most recent figure standing at $8.6 million for Q1 2026.
- In Q1 2026, Tax Provisions rose 4.03% year-over-year to $8.6 million; the TTM figure through Mar 2026 stood at $41.6 million (up 37.4% YoY), while the FY2025 annual figure was $8.5 million, up 28073.33% from the prior year.
- Tax Provisions for Q1 2026 stood at $8.6 million, down from $15.3 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.
- The 5-year median for Tax Provisions is $5.2 million (2024), against an average of $6.4 million.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions sank 34.6% in 2022, then surged 408.99% in 2023.
- Velocity Financial's Tax Provisions stood at $3.5 million in 2022, then soared by 48.37% to $5.1 million in 2023, then jumped by 118.5% to $11.2 million in 2024, then jumped by 36.17% to $15.3 million in 2025, then slumped by 43.92% to $8.6 million in 2026.
- Business Quant data shows VEL's Tax Provisions at $8.6 million in Q1 2026, $15.3 million in Q4 2025, and $10.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 39.55 Bn | 36.45 Bn | - | 52.00 Mn |
| 2 | Federal National Mortgage Association Fannie Mae | 36.61 Bn | 36.61 Bn | - | 1.01 Bn |
| 3 | Federal Home Loan Mortgage | 18.43 Bn | 14.11 Bn | - | 936.00 Mn |
| 4 | PennyMac Financial Services | 3.90 Bn | 3.15 Bn | 480.08 Mn | 9.80 Mn |
| 5 | CNFinance Holdings | 1.52 Bn | 1.45 Bn | - | - |
| 6 | Walker & Dunlop | 1.34 Bn | 1.18 Bn | - | -764,000.00 |
| 7 | Velocity Financial | 711.47 Mn | -6.74 Bn | - | 9.50 Mn |
| 8 | UWM Holdings | 472.54 Mn | -25.87 Mn | - | -21.02 Mn |
| 9 | Onity | 303.25 Mn | 106.95 Mn | - | -3.20 Mn |
| 10 | loanDepot | 205.70 Mn | -105.44 Mn | - | 5,000.00 |
Historic Data
Download 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 |