Velocity Financial Inc.

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