Velocity Financial, Inc.VELEarnings & Financial Report
Velocity Financial, Inc. is a U.S.-headquartered real estate finance company that offers specialized mortgage loan solutions primarily for residential investment properties. It partners with independent mortgage brokers nationwide, providing real estate investors with short-term bridge loans and long-term rental property financing options tailored to their operational needs.
VEL Q4 FY2025 Key Financial Metrics
Revenue
$51.6M
Gross Profit
N/A
Operating Profit
$50.0M
Net Profit
$34.8M
Gross Margin
N/A
Operating Margin
97.0%
Net Margin
67.3%
YoY Growth
32.8%
EPS
$0.90
Velocity Financial, Inc. Q4 FY2025 Financial Summary
Velocity Financial, Inc. reported revenue of $51.6M (up 32.8% YoY) for Q4 FY2025, with a net profit of $34.8M (up 67.0% YoY) (67.3% margin).
Key Financial Metrics
| Total Revenue | $51.6M |
|---|---|
| Net Profit | $34.8M |
| Gross Margin | N/A |
| Operating Margin | 97.0% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Velocity Financial, Inc. Q4 FY2025 revenue of $51.6M breaks down across 3 segments, led by Related Party at $19.3M (37.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Related Party | $19.3M | 37.5% |
| Nonrelated Party | $16.9M | 32.8% |
| Other | $15.4M | 29.8% |
Velocity Financial, Inc. Annual Revenue by Year
Velocity Financial, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $185.8M).
Velocity Financial, Inc. Quarterly Revenue & Net Profit History
Velocity Financial, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $51.6M | +32.8% | $34.8M | 67.3% |
| Q3 FY2025 | $49.1M | +40.0% | $25.4M | 51.7% |
| Q2 FY2025 | $47.6M | +46.8% | $26.0M | 54.6% |
| Q1 FY2025 | $37.5M | +27.3% | $18.9M | 50.4% |
| Q4 FY2024 | $38.9M | +26.5% | $20.8M | 53.5% |
| Q3 FY2024 | $35.1M | +28.1% | $15.8M | 45.1% |
| Q2 FY2024 | $32.4M | +28.1% | $14.8M | 45.6% |
| Q1 FY2024 | $29.5M | +21.0% | $17.3M | 58.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.5M | $32.4M | $35.1M | $38.9M | $37.5M | $47.6M | $49.1M | $51.6M |
| YoY Growth | 21.0% | 28.1% | 28.1% | 26.5% | 27.3% | 46.8% | 40.0% | 32.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.63B | $4.87B | $5.20B | $5.53B | $5.97B | $6.48B | $6.96B | $7.38B |
| Liabilities | $4.17B | $4.40B | $4.71B | $5.01B | $5.41B | $5.87B | $6.32B | $6.71B |
| Equity | $452.9M | $471.3M | $484.6M | $516.9M | $563.2M | $597.9M | $634.3M | $672.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $10.6M | $11.5M | $-17.6M | $37.8M | $3.5M | $7.7M | $11.5M | $18.2M |