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Velocity Financial (VEL)
NYSE:VEL
US Market

Velocity Financial (VEL) Income Statement

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Velocity Financial Income Statement

Last quarter (Q4 2025), Velocity Financial's total revenue was $182.32M, an increase of 45.99% from the same quarter last year. In Q4, Velocity Financial's net income was $34.80M. See Velocity Financial’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 714.45M$ 482.78M$ 131.72M$ 248.38M$ 181.31M
Gross Profit
$ 681.04M$ 210.56M$ 131.72M$ 90.03M$ 75.61M
Operating Expenses
$ 169.75M$ 114.17M$ 54.87M$ 45.48M$ 35.81M
Depreciation and Amortization
$ 2.02M$ 2.00M$ 2.30M$ 2.12M$ 2.41M
EBITDA
$ 511.29M$ 98.39M$ 0.00$ 46.67M$ 42.20M
Operating Income
$ 511.29M$ 96.39M$ 76.85M$ 44.55M$ 39.79M
Other Income/Expenses
$ -365.05M$ 0.00$ -5.72M$ 0.00$ 0.00
Pretax Income
$ 146.24M$ 96.39M$ 71.13M$ 44.55M$ 39.79M
Net Income
$ 105.05M$ 68.42M$ 52.27M$ 32.21M$ 29.22M
Per Share Metrics
Basic EPS
$ 2.81$ 2.07$ 1.60$ 0.99$ 0.90
Diluted EPS
$ 2.75$ 1.91$ 1.52$ 0.93$ 0.86
Weighted Average Shares Outstanding
36.85M 32.65M 32.21M 31.91M 22.81M
Weighted Average Shares Outstanding (Diluted)
38.18M 35.76M 34.48M 34.13M 33.98M
Currency in USD

Velocity Financial Earnings and Revenue History