For the twelve months ended Jun 30, 2026, Velocity Financial Inc. reported $107.63M of net income.
VEL net income was $25.16M in fiscal Q2 2026 (ended Jun 30, 2026), down 3.2% from a year earlier and up 12.8% from the prior quarter. For the full fiscal 2025 it was $105.05M, up 53.5% from fiscal 2024. Compound annual growth was +42.7% over 5 years. It rose in each of the last 7 fiscal years. Fiscal 2025 is the highest of the 8 fiscal years on file.
VEL diluted EPS was $0.64 in fiscal Q2 2026 (ended Jun 30, 2026), down 7.2% from a year earlier and up 12.3% from the prior quarter. For the full fiscal 2025 it was $2.75, up 44.0% from fiscal 2024.
VEL free cash flow was $3.64M in fiscal Q2 2026 (ended Jun 30, 2026), down 52.0% from a year earlier and down 69.8% from the prior quarter. For the full fiscal 2025 it was $17.88M, down 52.3% from fiscal 2024. Compound annual growth was -19.9% over 5 years. It rose in 2 of the last 5 fiscal years.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Pre-tax income | $146.24M | $96.39M | $71.13M | $44.55M | $39.79M | $23.13M | $25.40M | $19.25M |
| Income tax | $41.26M | $27.93M | $18.83M | $12.03M | $10.57M | $5.35M | $8.11M | $11.62M |
| Net income | $105.05M | $68.42M | $52.27M | $32.21M | $29.22M | $17.78M | $17.29M | $7.63M |
| EPS, basic | $2.81 | $2.07 | $1.60 | $0.99 | $0.90 | -$1.55 | - | - |
| EPS, diluted | $2.75 | $1.91 | $1.52 | $0.94 | $0.86 | -$1.55 | - | - |
| Diluted shares | 38.2M | 35.8M | 34.5M | 34.1M | 34.0M | 20.1M | - | - |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $92.10M | $49.90M | $40.57M | $45.25M | $35.97M | $13.27M | $21.46M | $15.01M |
| Goodwill | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | - | - | - |
| Total assets | $7.38B | $5.53B | $4.40B | $3.75B | $2.81B | $2.10B | $2.21B | - |
| Total liabilities | $6.71B | $5.01B | $3.97B | $3.37B | $2.47B | $1.79B | $2.06B | - |
| Shareholders' equity | $672.53M | $520.22M | $436.87M | $380.50M | $344.49M | $219.59M | $152.84M | $136.80M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $18.16M | $37.76M | $48.84M | $48.67M | $57.62M | $54.89M | -$105.34M | -$72.48M |
| Capital expenditures | $281.0K | $289.0K | $180.0K | $326.0K | $135.0K | $726.0K | $882.0K | $1.30M |
| Free cash flow | $17.88M | $37.47M | $48.66M | $48.35M | $57.49M | $54.17M | -$106.22M | -$73.79M |
| Investing cash flow | -$1.52B | -$1.05B | -$584.73M | -$908.24M | -$656.48M | $87.74M | -$305.93M | -$270.20M |
| Financing cash flow | $1.68B | $1.02B | $535.77M | $874.02M | $626.17M | -$149.89M | $422.14M | $343.63M |
| Share repurchases | $7.33M | $1.55M | $861.0K | $458.0K | - | - | - | - |
| Stock-based compensation | $8.28M | $6.16M | $4.13M | $3.34M | $2.16M | $965.0K | - | - |
| Depreciation and amortization | $516.0K | $793.0K | $752.0K | $796.0K | $1.12M | $1.22M | $1.41M | $1.43M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Net income growth, YoY | 53.5% | 30.9% | 62.3% | 10.2% | 64.4% | 2.8% | 126.6% | - |
| EPS growth, YoY | 44.0% | 25.7% | 61.7% | 9.3% | - | - | - | - |
| Return on equity | 15.6% | 13.2% | 12.0% | 8.5% | 8.5% | 8.1% | 11.3% | 5.6% |
| Return on assets | 1.4% | 1.2% | 1.2% | 0.9% | 1.0% | 0.8% | 0.8% | - |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pre-tax income | $35.23M | $30.88M | $50.05M | $35.38M | $33.92M | $26.89M | $32.04M | $21.24M | $19.87M | $23.24M | $22.31M | $17.24M |
| Income tax | $9.50M | $8.58M | $15.30M | $9.96M | $7.75M | $8.25M | $11.23M | $5.63M | $5.16M | $5.90M | $5.14M | $5.07M |
| Net income | $25.16M | $22.30M | $34.80M | $25.37M | $26.00M | $18.65M | $20.59M | $15.80M | $14.78M | $17.25M | $17.36M | $12.09M |
| EPS, basic | $0.64 | $0.57 | $0.91 | $0.66 | $0.69 | $0.55 | $0.62 | $0.48 | $0.45 | $0.52 | $0.53 | $0.37 |
| EPS, diluted | $0.64 | $0.57 | $0.90 | $0.65 | $0.69 | $0.51 | $0.56 | $0.44 | $0.42 | $0.49 | $0.50 | $0.35 |
| Diluted shares | 39.3M | 39.2M | - | 38.8M | 37.8M | 36.8M | - | 35.9M | 35.6M | 35.4M | - | 34.7M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $76.11M | $87.05M | $92.10M | $98.96M | $79.56M | $51.68M | $49.90M | $44.09M | $47.37M | $34.83M | $40.57M | $29.39M |
| Goodwill | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M | $6.78M |
| Total assets | $7.96B | $7.59B | $7.38B | $6.96B | $6.48B | $5.97B | $5.53B | $5.20B | $4.87B | $4.63B | $4.40B | $4.12B |
| Total liabilities | $7.24B | $6.90B | $6.71B | $6.32B | $5.87B | $5.41B | $5.01B | $4.71B | $4.40B | $4.17B | $3.97B | $3.70B |
| Shareholders' equity | $721.54M | $696.40M | $672.53M | $634.26M | $601.05M | $566.22M | $520.22M | $487.69M | $474.75M | $456.45M | $436.87M | $420.02M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.74M | $12.09M | -$4.49M | $11.45M | $7.66M | $3.54M | $33.27M | -$17.57M | $11.47M | $10.58M | $26.16M | -$9.75M |
| Capital expenditures | $98.0K | $42.0K | $57.0K | $66.0K | $78.0K | $80.0K | $99.0K | $65.0K | $84.0K | $41.0K | $108.0K | $24.0K |
| Free cash flow | $3.64M | $12.04M | -$4.55M | $11.39M | $7.58M | $3.46M | $33.17M | -$17.64M | $11.39M | $10.54M | $26.05M | -$9.78M |
| Investing cash flow | -$199.93M | -$351.37M | -$250.10M | -$429.07M | -$441.20M | -$401.41M | -$356.07M | -$279.73M | -$196.84M | -$212.44M | -$223.94M | -$148.18M |
| Financing cash flow | $329.34M | $202.10M | $386.01M | $438.24M | $456.26M | $401.51M | $326.37M | $284.90M | $205.98M | $198.98M | $212.61M | $154.26M |
| Share repurchases | $2.74M | $4.54M | $1.0K | $179.0K | $4.99M | $2.16M | $0 | $0 | $266.0K | $1.28M | $24.0K | $0 |
| Stock-based compensation | $3.08M | $2.69M | $2.13M | $2.15M | $2.03M | $1.97M | $1.65M | $1.57M | $1.56M | $1.37M | $923.0K | $1.18M |
| Depreciation and amortization | $131.0K | $133.0K | $123.0K | $123.0K | $132.0K | $138.0K | $143.0K | $283.0K | $185.0K | $182.0K | $185.0K | $186.0K |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income growth, YoY | -3.2% | 19.6% | 69.0% | 60.6% | 75.9% | 8.1% | 18.6% | 30.8% | 21.3% | 62.0% | 105.1% | 21.1% |
| EPS growth, YoY | -7.2% | 11.8% | 60.7% | 47.7% | 64.3% | 4.1% | 12.0% | 25.7% | 16.7% | 58.1% | 100.0% | 20.7% |
Source: XBRL data Velocity Financial Inc. files with the SEC, latest filing dated Aug 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| VEL | - | - | $107.63M | - | $696.1M |
| AXP | $77.59B | +10.2% | $12.26B | 15.8% | $215.24B |
| SPGI | $17.21B | +18.2% | $4.99B | 29.0% | $135.62B |
| MCO | $8.18B | +9.0% | $2.88B | 35.3% | $87.18B |
| NU | $15.77B | +37.0% | $2.87B | 18.2% | $58.39B |
| RKT | $11.46B | +90.4% | $1.30B | 11.4% | $42.74B |
| COIN | $5.63B | -26.6% | -$701.62M | -12.5% | $35.68B |
| AFRM | $4.59B | +32.7% | $2.01B | 43.9% | $23.08B |
| SYF | $19.31B | +2.6% | $3.33B | 17.3% | $22.96B |