Velocity Financial Inc. (VEL)

NYSE: VEL · Real-Time Price · USD

16.93

-0.92 (-5.15%)

At close: May 02, 2025, 12:46 PM

Velocity Financial Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	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	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017
Period Ending	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017
Revenue	n/a	124.89M	49.27M	107.09M	98.61M	93.69M	35.48M	30.17M	29.47M	24.99M	25.18M	28.36M	14.24M	51.55M	20.44M	23.49M	15.26M	22.66M	15.49M	11.82M	16.77M	16.26M	14.43M	13.86M	37.87M	33.71M	33.29M	31.01M	12.55M	12.36M	25.91M	24.29M	21.98M
Cost of Revenue	n/a	17.7M	5.01M	4.47M	8.22M	11.74M	3.85M	3.41M	-3.95M	12.73M	3.83M	3.37M	2.81M	n/a	3.81M	3.39M	3.03M	1.75M	2.95M	n/a	3.59M	n/a	1.89M	1.98M	24.29M	23.02M	21.41M	19.07M	n/a	n/a	1.31M	1.2M	1.07M
Gross Profit	n/a	107.18M	44.25M	102.63M	90.38M	81.96M	31.63M	26.76M	33.42M	12.25M	21.35M	24.99M	11.44M	51.55M	16.63M	20.11M	12.23M	20.91M	12.54M	11.82M	13.19M	16.26M	12.54M	11.88M	13.59M	10.69M	11.88M	11.94M	12.55M	12.36M	24.59M	23.09M	20.91M
Operating Income	33.45M	107.23M	20.73M	86.79M	87.75M	81.95M	17.36M	14.04M	n/a	27.45M	2.51M	14.79M	5.65M	39.51M	339K	17.72M	2.8M	6.32M	8.33M	-10.91M	1.62M	2.65M	10.55M	9.13M	29.02M	24.56M	24.6M	23.97M	7.97M	8.22M	19.75M	17.94M	16.35M
Interest Income	118.74M	114.94M	105.07M	97.76M	90.53M	86.27M	79.09M	74.9M	70.52M	65.63M	63.42M	59.24M	52.05M	49.36M	46.92M	44.98M	40.71M	41.56M	41.37M	39.76M	44.64M	44.12M	40.38M	36.88M	36.14M	33.56M	32.21M	30.3M	n/a	n/a	n/a	n/a	n/a
Pretax Income	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	11.75M	5.03M	2.63M	3.73M	8.14M	5.68M	4.98M	6.6M	3.41M	4.85M	5.97M	5.5M	5.72M	3.7M	2.72M	1.85M
Net Income	18.65M	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	9.58M	3.48M	2.14M	2.58M	5.18M	3.88M	3.54M	4.7M	1.96M	3.32M	4.32M	956K	5.72M	3.7M	2.72M	1.85M
Selling & General & Admin	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	11.05M	6.11M	6.31M	5.5M	10.18M	4.08M	4.2M	4.34M	9.19M	4.13M	4.07M	4.58M	4.14M	4.85M	5.15M	4.56M
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	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	40.41M	n/a	27.3M	n/a	-13.22M	-18.42M	22.63M	n/a	22.96M	12.32M	12.06M	n/a	8.48M	9.23M	15.25M	n/a	7.81M	9.88M	7.86M	7.27M	9.33M	6.08M	8.46M	7.76M	9.24M	1.5M	7.75M	7.87M	n/a	n/a	n/a	n/a	n/a
Operating Expenses	42.19M	-52K	29.6M	18.9M	2.63M	1K	39.55M	18.82M	33.42M	28.43M	12.73M	13.57M	14.24M	21.37M	20.44M	20.61M	13.46M	20.93M	8.91M	13.58M	8.46M	16.26M	12.54M	11.96M	13.59M	10.69M	11.88M	12.03M	4.58M	6.64M	4.85M	5.15M	4.56M
Interest Expense	75.09M	74.63M	63.87M	65.34M	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	23.34M	24.26M	23.08M	29.19M	26.76M	25.67M	23.68M	22.41M	21.14M	19.76M	18M	n/a	n/a	n/a	n/a	n/a
Selling & Marketing Expenses	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	n/a	n/a	n/a	1K	2.44M	n/a	n/a	n/a	n/a	n/a	n/a	4.07M	3.77M	n/a	n/a	n/a
Cost & Expenses	n/a	17.65M	34.61M	18.9M	10.86M	12.57M	39.55M	22.22M	33.42M	28.43M	12.73M	13.57M	14.24M	21.37M	20.44M	10.65M	10.62M	20.93M	11.87M	13.58M	12.05M	16.26M	12.54M	11.96M	13.59M	10.69M	11.88M	12.03M	4.58M	4.14M	6.16M	6.35M	5.63M
Income Tax Expense	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	2.18M	1.54M	484K	1.15M	2.96M	1.8M	1.44M	1.91M	1.46M	1.53M	1.65M	2.86M	n/a	n/a	n/a	n/a
Shares Outstanding (Basic)	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	20.09M	20.09M	20.09M	20.09M	113.59M	19M	11.75M	20.09M	113.59M	11.75M	20.09M	20.09M	113.59M	20.09M	20.09M	20.09M
Shares Outstanding (Diluted)	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	32.79M	32.44M	20.09M	20.09M	113.59M	19M	11.75M	20.09M	113.59M	11.75M	20.09M	20.09M	113.59M	20.09M	20.09M	20.09M
EPS (Basic)	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	0.48	0.17	-2.33	0.13	0.26	0.20	0.30	0.40	0.17	0.28	0.37	0.23	0.05	0.18	0.14	0.09
EPS (Diluted)	0.51	0.57	0.44	0.42	0.48	0.49	0.35	0.36	0.31	0.24	0.29	0.31	0.09	0.24	0.23	0.28	0.10	0.29	0.11	-2.33	0.13	0.26	0.20	0.30	0.40	0.17	0.28	0.37	0.23	0.05	0.18	0.14	0.09
EBITDA	33.45M	107.23M	n/a	22.56M	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	n/a	n/a	n/a	n/a	n/a	32.37M	n/a	29.32M	24.84M	25M	24.43M	22.27M	21.84M	19.75M	17.94M	16.35M
EBIT	101.98M	106.93M	-615K	86.57M	86.75M	81.13M	-519K	-518K	-505K	57.31M	-519K	-529K	-536K	39.51M	-600K	-500K	-668K	-612K	-619K	-613K	-602K	-692K	31.83M	-620K	29.32M	24.84M	25M	24.43M	22.27M	21.84M	19.75M	17.94M	16.35M
Depreciation & Amortization	-68.54M	302K	615K	557K	526K	755K	519K	518K	505K	532K	519K	529K	536K	643K	600K	500K	668K	612K	619K	613K	602K	692K	536K	620K	620K	365K	364K	n/a	n/a	n/a	n/a	n/a	n/a