Velocity Financial (VEL) Tax Provisions (2019 - 2026)

Velocity Financial's (VEL) quarterly Tax Provisions came in at $8.6 million in Q1 2026, up 4.03% year-on-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.

  • On a quarterly basis, Tax Provisions rose 4.03% year-over-year to $8.6 million in Q1 2026; TTM through Mar 2026 was $41.6 million, a 37.4% increase from a year earlier, with the FY2025 full-year figure at $8.5 million, up 28073.33% from the prior year.
  • Tax Provisions retreated to $8.6 million in Q1 2026 per VEL's latest filing, from $15.3 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $15.3 million in Q4 2025 and bottomed 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.
  • Across the five-year window, Tax Provisions slumped 34.6% in 2022 and surged 408.99% in 2023, its largest moves.
  • Year by year, Tax Provisions stood at $3.5 million in 2022, then jumped by 48.37% to $5.1 million in 2023, then surged by 118.5% to $11.2 million in 2024, then surged by 36.17% to $15.3 million in 2025, then sank by 43.92% to $8.6 million in 2026.
  • Per Business Quant, the three latest VEL Tax Provisions figures stand at $8.6 million (Q1 2026), $15.3 million (Q4 2025), and $10.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Rocket Companies 38.33 Bn 35.64 Bn - 103.00 Mn
2 Federal National Mortgage Association Fannie Mae 35.67 Bn 35.67 Bn - 944.00 Mn
3 Federal Home Loan Mortgage 18.11 Bn 13.64 Bn - 873.00 Mn
4 PennyMac Financial Services 4.41 Bn 3.76 Bn 523.89 Mn 22.37 Mn
5 CNFinance Holdings 3.28 Bn 3.20 Bn - -
6 Walker & Dunlop 1.64 Bn 1.44 Bn - 8.02 Mn
7 Velocity Financial 681.36 Mn -6.51 Bn - 8.58 Mn
8 UWM Holdings 540.43 Mn 116.43 Mn - 7.13 Mn
9 Better Home & Finance Holding 362.34 Mn 298.07 Mn - -1.57 Mn
10 Onity 340.51 Mn 215.81 Mn - 300,000.00

Historic Data

Download Data
DateValue
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
Jun 30, 2021 3.43 Mn