Velocity Financial reported revenue of -$91.32M and net income of $25.73M for the quarter ended Jun 2026, down 26.2% year over year. This income statement covers 30 quarters of results from Mar 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||
| Revenue | 1.95M | 1.39M | 1.81M | 1.97M | 1.44M | -32.28M | -35.63M | -37.91M | -40.65M | -43.94M | -48.04M | -50.80M | -54.16M | -58.99M | -65.92M | -72.38M | -78.34M | -86.81M | -89.14M | -91.32M | ||||||||||
| Operating items | ||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.34M | 2.62M | 6.28M | 3.59M | 3.03M | 11.42M | 12.84M | 14.04M | 17.36M | 21.67M | 25.77M | 22.56M | 20.73M | 32.33M | 33.45M | 39.85M | 37.08M | 53.25M | 42.96M | 47.08M | ||||||||||
| Operating ExpensesOpex | 11.30M | 12.10M | 12.88M | 14.83M | 13.24M | 20.80M | 21.80M | 22.22M | 27.33M | 29.26M | 31.01M | 34.89M | 34.61M | 39.13M | 42.19M | 51.91M | 50.40M | 52.85M | 54.34M | 59.75M | ||||||||||
| EBIT | 10.93M | 11.38M | 4.02M | 14.79M | 14.05M | 46.77M | 51.95M | 56.37M | 59.88M | 67.67M | 72.52M | 72.94M | 78.01M | 93.34M | 93.48M | 107.50M | 116.00M | 137.76M | 121.18M | 128.81M | ||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 35.08M | 37.20M | 39.54M | 42.64M | 45.37M | 49.28M | 53.07M | 56.77M | 61.30M | 66.58M | 73.58M | 80.62M | 87.71M | 90.30M | 93.57M | |||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||
| EBT | 10.93M | 11.38M | 4.02M | 14.79M | 14.05M | 11.69M | 14.76M | 16.82M | 17.24M | 22.31M | 23.24M | 19.87M | 21.24M | 32.04M | 26.89M | 33.92M | 35.38M | 50.05M | 30.88M | 35.23M | ||||||||||
| Tax ProvisionsTaxes | 2.90M | 3.02M | 0.79M | 4.02M | 3.76M | 3.46M | 4.02M | 4.60M | 5.07M | 5.14M | 5.90M | 5.16M | 5.63M | 11.23M | 8.25M | 7.75M | 9.96M | 15.30M | 8.58M | 9.50M | ||||||||||
| Profit After TaxPAT | 8.02M | 8.35M | 3.23M | 10.77M | 10.29M | 8.46M | 10.74M | 12.22M | 12.17M | 17.36M | 17.33M | 14.78M | 15.80M | 20.80M | 18.65M | 26.17M | 25.41M | 34.80M | 22.30M | 25.73M | ||||||||||
| Income from Non-Controlling InterestsInc. Minority | 0.11M | 0.13M | 0.31M | -0.23M | 0.09M | 0.04M | 0.08M | -0.19M | 0.08M | -0.07M | -0.19M | 0.22M | -0.24M | 0.17M | 0.04M | -0.04M | -0.06M | 0.57M | ||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 8.02M | 8.35M | 3.23M | 10.77M | 10.29M | 8.23M | 10.74M | 12.22M | 12.17M | 17.17M | 17.33M | 14.71M | 15.62M | 20.80M | 18.65M | 26.17M | 25.41M | 34.75M | 22.30M | 25.73M | ||||||||||
| Consolidated Net IncomeConsol Net Inc. | 8.02M | 8.35M | 3.23M | 10.77M | 10.29M | 8.23M | 10.74M | 12.22M | 12.17M | 17.17M | 17.33M | 14.71M | 15.62M | 20.80M | 18.65M | 26.17M | 25.41M | 34.75M | 22.30M | 25.73M | ||||||||||
| Income towards Parent CompanyParent Net Inc | 8.02M | 8.35M | 3.23M | 10.77M | 10.29M | 8.23M | 10.74M | 12.22M | 12.17M | 17.17M | 17.33M | 14.71M | 15.62M | 20.80M | 18.65M | 26.17M | 25.41M | 34.75M | 22.30M | 25.73M | ||||||||||
| Preferred Dividend PaymentsPref Dividends | 3.03M | 0.70M | 0.05M | 0.16M | 0.15M | 0.13M | 0.16M | 0.18M | 0.18M | 0.22M | 0.22M | 0.18M | 0.19M | 0.25M | 0.23M | 0.29M | 0.35M | 0.48M | 0.31M | 0.34M | ||||||||||
| Net Income towards Common StockholdersNet Income | 8.02M | -0.24M | 3.12M | 10.64M | 9.98M | 8.46M | 10.65M | 12.18M | 12.09M | 17.36M | 17.25M | 14.78M | 15.61M | 21.17M | 18.65M | 25.71M | 25.02M | 35.67M | 22.05M | 24.82M | ||||||||||
| Additional items | ||||||||||||||||||||||||||||||
| EPS (Basic) | 0.40 | -0.01 | 0.10 | 0.33 | 0.31 | 0.27 | 0.33 | 0.38 | 0.37 | 0.54 | 0.53 | 0.45 | 0.48 | 0.65 | 0.55 | 0.69 | 0.66 | 0.97 | 0.57 | 0.64 | ||||||||||
| EPS (Diluted) | 0.23 | -0.01 | 0.09 | 0.31 | 0.29 | 0.25 | 0.31 | 0.36 | 0.35 | 0.50 | 0.49 | 0.42 | 0.43 | 0.59 | 0.51 | 0.68 | 0.64 | 0.93 | 0.56 | 0.63 | ||||||||||
| Shares Outstanding | 20.09M | 22.81M | 31.89M | 31.92M | 31.92M | 31.91M | 32.10M | 32.12M | 32.27M | 32.21M | 32.54M | 32.59M | 32.71M | 32.65M | 33.69M | 37.19M | 38.07M | 36.85M | 38.63M | 38.73M | ||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 34.21M | 33.98M | 34.20M | 34.06M | 34.20M | 34.13M | 34.05M | 34.14M | 34.73M | 34.48M | 35.44M | 35.60M | 35.90M | 35.76M | 36.81M | 37.79M | 38.80M | 38.18M | 39.17M | 39.30M | ||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 20.09M | 22.81M | 32.38M | 32.42M | 32.42M | 32.49M | 32.60M | 32.74M | 32.78M | 32.87M | 32.99M | 33.10M | 33.11M | 33.55M | 35.38M | 38.29M | 38.90M | 38.97M | 39.24M | 39.29M | ||||||||||
| EBITDA | 10.93M | 11.38M | 4.02M | 14.79M | 14.05M | 46.77M | 51.95M | 56.37M | 59.88M | 67.67M | 72.52M | 72.94M | 78.01M | 93.34M | 93.48M | 107.50M | 116.00M | 137.76M | 121.18M | 128.81M | ||||||||||
| Interest ExpensesInt Expense | 35.08M | 37.20M | 39.54M | 42.64M | 45.37M | 49.28M | 53.07M | 56.77M | 61.30M | 66.58M | 73.58M | 80.62M | 87.71M | 90.30M | 93.57M | |||||||||||||||
| Tax Rate | 26.59% | 26.58% | 19.65% | 27.17% | 26.76% | 29.64% | 27.25% | 27.35% | 29.41% | 23.05% | 25.40% | 25.97% | 26.49% | 35.06% | 30.66% | 22.85% | 28.16% | 30.56% | 27.78% | 26.96% |