Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
19.81
+0.30 (1.54%)
At close: Apr 28, 2026, 4:00 PM EDT
19.81
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:10 PM EDT
Velocity Financial Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest and Dividend Income | 556.69 | 413.33 | 315.97 | 240.34 | 181.97 | Upgrade
|
| Total Interest Expense | 365.05 | 271.04 | 203.02 | 157.2 | 106 | Upgrade
|
| Net Interest Income | 191.64 | 142.29 | 112.95 | 83.15 | 75.97 | Upgrade
|
| Gain (Loss) on Sale of Loans & Receivables | 36.25 | 9.94 | 8.24 | 7.11 | 7.89 | Upgrade
|
| Other Revenue | 3.53 | 26.59 | 3.45 | 5.23 | 1.61 | Upgrade
|
| Revenue Before Loan Losses | 231.42 | 178.82 | 124.63 | 95.48 | 85.48 | Upgrade
|
| Provision for Loan Losses | 5.81 | 1.17 | 1.92 | 1.15 | -0.29 | Upgrade
|
| Revenue | 225.61 | 177.65 | 122.72 | 94.33 | 85.77 | Upgrade
|
| Revenue Growth (YoY) | 27.00% | 44.76% | 30.09% | 9.98% | 22.60% | Upgrade
|
| Salaries & Employee Benefits | 90.22 | 69.59 | 48.34 | 30.46 | 19.19 | Upgrade
|
| Cost of Services Provided | 73.38 | 54.41 | 37.6 | 22.21 | 16.01 | Upgrade
|
| Other Operating Expenses | -84.22 | -42.74 | -34.35 | -2.89 | 10.78 | Upgrade
|
| Total Operating Expenses | 79.37 | 81.26 | 51.59 | 49.78 | 45.97 | Upgrade
|
| Operating Income | 146.24 | 96.39 | 71.13 | 44.55 | 39.79 | Upgrade
|
| Pretax Income | 146.24 | 96.39 | 71.13 | 44.55 | 39.79 | Upgrade
|
| Income Tax Expense | 41.26 | 27.93 | 18.83 | 12.03 | 10.57 | Upgrade
|
| Earnings From Continuing Ops. | 104.98 | 68.47 | 52.29 | 32.52 | 29.22 | Upgrade
|
| Minority Interest in Earnings | 0.07 | -0.05 | -0.02 | -0.31 | - | Upgrade
|
| Net Income | 105.05 | 68.42 | 52.27 | 32.21 | 29.22 | Upgrade
|
| Preferred Dividends & Other Adjustments | 1.35 | 0.84 | 0.75 | 0.49 | 8.59 | Upgrade
|
| Net Income to Common | 103.71 | 67.58 | 51.52 | 31.72 | 20.64 | Upgrade
|
| Net Income Growth | 53.55% | 30.89% | 62.28% | 10.22% | 64.39% | Upgrade
|
| Shares Outstanding (Basic) | 37 | 33 | 32 | 32 | 23 | Upgrade
|
| Shares Outstanding (Diluted) | 38 | 36 | 34 | 34 | 34 | Upgrade
|
| Shares Change (YoY) | 6.76% | 3.70% | 1.03% | 0.44% | 69.17% | Upgrade
|
| EPS (Basic) | 2.81 | 2.07 | 1.60 | 0.99 | 0.90 | Upgrade
|
| EPS (Diluted) | 2.75 | 1.91 | 1.52 | 0.94 | 0.86 | Upgrade
|
| EPS Growth | 43.82% | 26.22% | 60.62% | 9.74% | - | Upgrade
|
| Free Cash Flow | 17.88 | 37.47 | 48.66 | 48.35 | 57.49 | Upgrade
|
| Free Cash Flow Per Share | 0.47 | 1.05 | 1.41 | 1.42 | 1.69 | Upgrade
|
| Operating Margin | 64.82% | 54.26% | 57.96% | 47.23% | 46.40% | Upgrade
|
| Profit Margin | 45.97% | 38.04% | 41.98% | 33.63% | 24.06% | Upgrade
|
| Free Cash Flow Margin | 7.92% | 21.09% | 39.65% | 51.25% | 67.03% | Upgrade
|
| Effective Tax Rate | 28.21% | 28.97% | 26.48% | 27.01% | 26.56% | Upgrade
|
Source: S&P Capital IQ. Financial Services template. Financial Sources.