Velocity Financial Inc. (VEL)
NYSE: VEL
· Real-Time Price · USD
19.05
0.06 (0.32%)
At close: Aug 15, 2025, 3:59 PM
18.98
-0.37%
After-hours: Aug 15, 2025, 04:04 PM EDT
Velocity Financial Income Statement
Financials in USD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 151.59M | 119.26M | 124.89M | 115.39M | 107.09M | 98.61M | 93.69M | 87.77M | 30.17M | 29.47M | 24.99M | 25.18M | 28.36M | 14.24M | 51.55M | 20.44M | 23.49M | 15.26M |
Cost of Revenue | 20.06M | 81.23M | 17.7M | 5.01M | 11.95M | 8.22M | 11.74M | 10.35M | 3.41M | -3.95M | 12.73M | 3.83M | 3.37M | 2.81M | n/a | 3.81M | 3.39M | 3.03M |
Gross Profit | 131.53M | 38.03M | 107.18M | 44.25M | 95.14M | 90.38M | 81.96M | 77.42M | 26.76M | 33.42M | 12.25M | 21.35M | 24.99M | 11.44M | 51.55M | 16.63M | 20.11M | 12.23M |
Operating Income | 39.85M | -6.03M | 107.23M | 20.73M | -114.32M | 87.75M | 81.95M | 70.2M | 14.04M | n/a | 27.45M | 2.51M | 14.79M | 5.65M | 39.51M | 339K | 17.72M | 2.8M |
Interest Income | 135.57M | 118.74M | 114.94M | 105.07M | 96.31M | 90.53M | 86.27M | 80.43M | 74.9M | 70.52M | 65.63M | 63.42M | 59.24M | 52.05M | 49.36M | 46.92M | 44.98M | 40.71M |
Pretax Income | 33.92M | 26.89M | 32.04M | 21.24M | 19.87M | 23.24M | 22.31M | 17.24M | 16.82M | 14.76M | 11.69M | 14.05M | 14.79M | 4.02M | 11.38M | 10.93M | 12.88M | 4.6M |
Net Income | 25.71M | 18.41M | 20.59M | 15.8M | 14.78M | 17.25M | 17.36M | 12.09M | 12.18M | 10.65M | 8.46M | 9.98M | 10.64M | 3.12M | 8.35M | 8.02M | 9.45M | 3.4M |
Selling & General & Admin | 1.99M | 1.78M | 23.41M | 2.31M | 17.18M | 15.86M | 18.42M | 12.99M | 11.13M | 10.45M | 16.1M | 7.23M | 6.98M | 5.76M | 12.14M | 5.18M | 4.98M | 5.65M |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 49.92M | 42.28M | -23.46M | 27.3M | 11.8M | -13.22M | -18.42M | 854K | n/a | 22.96M | 12.32M | 12.06M | n/a | 8.48M | 9.23M | 15.25M | n/a | 7.81M |
Operating Expenses | 51.91M | 44.06M | -52K | 29.6M | 28.98M | 2.63M | 1K | 13.85M | 18.82M | 33.42M | 28.43M | 12.73M | 13.57M | 14.24M | 21.37M | 20.44M | 20.61M | 13.46M |
Interest Expense | 81.84M | 75.09M | 74.63M | 63.87M | 47.66M | 61.05M | 55.55M | 51.72M | 49.59M | 46.17M | 44.99M | 38.57M | 32.93M | 40.7M | 28.13M | 24.81M | 24.88M | 28.18M |
Selling & Marketing Expenses | n/a | n/a | 1.24M | n/a | n/a | n/a | 872K | n/a | n/a | n/a | 1.42M | n/a | n/a | n/a | 110K | n/a | n/a | n/a |
Cost & Expenses | 26.39M | 125.29M | 17.65M | 22.18M | 94.54M | 10.86M | 12.57M | 17.57M | 22.22M | 33.42M | 28.43M | 12.73M | 13.57M | 14.24M | 21.37M | 20.44M | 10.65M | 10.62M |
Income Tax Expense | 7.75M | 8.25M | 11.23M | 5.63M | 5.16M | 5.9M | 5.14M | 5.07M | 4.6M | 4.02M | 3.46M | 3.76M | 4.02M | 790K | 3.02M | 2.9M | 3.43M | 1.21M |
Shares Outstanding (Basic) | 37.19M | 33.69M | 32.65M | 32.71M | 32.59M | 32.54M | 32.33M | 32.27M | 32.12M | 32.1M | 31.92M | 31.92M | 31.92M | 31.89M | 30.9M | 20.09M | 20.09M | 20.09M |
Shares Outstanding (Diluted) | 37.79M | 36.81M | 36.1M | 35.9M | 35.6M | 35.44M | 34.99M | 34.73M | 34.14M | 34.05M | 34.06M | 34.2M | 34.06M | 34.2M | 34.26M | 34.21M | 33.96M | 33.41M |
EPS (Basic) | 0.69 | 0.55 | 0.62 | 0.48 | 0.45 | 0.52 | 0.53 | 0.37 | 0.37 | 0.33 | 0.26 | 0.31 | 0.33 | 0.10 | 0.26 | 0.25 | 0.29 | 0.11 |
EPS (Diluted) | 0.68 | 0.51 | 0.56 | 0.43 | 0.41 | 0.48 | 0.49 | 0.34 | 0.36 | 0.31 | 0.24 | 0.29 | 0.31 | 0.09 | 0.24 | 0.23 | 0.28 | 0.10 |
EBITDA | 125.54M | 102.12M | 107.23M | n/a | 87.13M | 87.27M | 81.88M | n/a | n/a | n/a | 57.85M | 2.51M | n/a | 5.65M | 40.15M | n/a | n/a | n/a |
EBIT | 125.2M | 101.98M | 106.93M | -615K | -195.06M | 86.75M | 81.13M | -519K | -518K | -505K | 57.31M | -519K | -529K | -536K | 39.51M | -600K | -500K | -668K |
Depreciation & Amortization | 338K | 138K | 302K | 615K | 557K | 526K | 755K | 519K | 518K | 505K | 532K | 519K | 529K | 536K | 643K | 600K | 500K | 668K |