vs
Side-by-side financial comparison of DoubleDown Interactive Co., Ltd. (DDI) and Velocity Financial, Inc. (VEL). Click either name above to swap in a different company.
DoubleDown Interactive Co., Ltd. is the larger business by last-quarter revenue ($83.0M vs $51.6M, roughly 1.6× Velocity Financial, Inc.). Velocity Financial, Inc. runs the higher net margin — 67.3% vs 30.2%, a 37.2% gap on every dollar of revenue. On growth, Velocity Financial, Inc. posted the faster year-over-year revenue change (32.8% vs 13.7%). DoubleDown Interactive Co., Ltd. produced more free cash flow last quarter ($31.6M vs $17.9M).
Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993.
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.
DDI vs VEL — Head-to-Head
Income Statement — Q3 FY2024 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $83.0M | $51.6M |
| Net Profit | $25.0M | $34.8M |
| Gross Margin | 70.1% | — |
| Operating Margin | 42.5% | 97.0% |
| Net Margin | 30.2% | 67.3% |
| Revenue YoY | 13.7% | 32.8% |
| Net Profit YoY | -7.0% | 67.0% |
| EPS (diluted) | $10.11 | $0.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $51.6M | ||
| Q3 25 | — | $49.1M | ||
| Q2 25 | — | $47.6M | ||
| Q1 25 | — | $37.5M | ||
| Q4 24 | — | $38.9M | ||
| Q3 24 | $83.0M | $35.1M | ||
| Q2 24 | $88.2M | $32.4M | ||
| Q1 24 | $88.1M | $29.5M |
| Q4 25 | — | $34.8M | ||
| Q3 25 | — | $25.4M | ||
| Q2 25 | — | $26.0M | ||
| Q1 25 | — | $18.9M | ||
| Q4 24 | — | $20.8M | ||
| Q3 24 | $25.0M | $15.8M | ||
| Q2 24 | $33.2M | $14.8M | ||
| Q1 24 | $30.3M | $17.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 70.1% | — | ||
| Q2 24 | 69.6% | — | ||
| Q1 24 | 68.9% | — |
| Q4 25 | — | 97.0% | ||
| Q3 25 | — | 72.1% | ||
| Q2 25 | — | 71.3% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 82.5% | ||
| Q3 24 | 42.5% | 60.6% | ||
| Q2 24 | 41.0% | 61.3% | ||
| Q1 24 | 35.2% | 78.8% |
| Q4 25 | — | 67.3% | ||
| Q3 25 | — | 51.7% | ||
| Q2 25 | — | 54.6% | ||
| Q1 25 | — | 50.4% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | 30.2% | 45.1% | ||
| Q2 24 | 37.6% | 45.6% | ||
| Q1 24 | 34.4% | 58.5% |
| Q4 25 | — | $0.90 | ||
| Q3 25 | — | $0.65 | ||
| Q2 25 | — | $0.69 | ||
| Q1 25 | — | $0.51 | ||
| Q4 24 | — | $0.56 | ||
| Q3 24 | $10.11 | $0.44 | ||
| Q2 24 | $13.39 | $0.42 | ||
| Q1 24 | $12.23 | $0.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $372.7M | $92.1M |
| Total DebtLower is stronger | $37.9M | — |
| Stockholders' EquityBook value | $815.5M | $672.5M |
| Total Assets | $879.8M | $7.4B |
| Debt / EquityLower = less leverage | 0.05× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $92.1M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | — | $79.6M | ||
| Q1 25 | — | $51.7M | ||
| Q4 24 | — | $49.9M | ||
| Q3 24 | $372.7M | $44.1M | ||
| Q2 24 | $339.2M | $47.4M | ||
| Q1 24 | $309.5M | $34.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $37.9M | — | ||
| Q2 24 | $36.0M | — | ||
| Q1 24 | $37.1M | — |
| Q4 25 | — | $672.5M | ||
| Q3 25 | — | $634.3M | ||
| Q2 25 | — | $597.9M | ||
| Q1 25 | — | $563.2M | ||
| Q4 24 | — | $516.9M | ||
| Q3 24 | $815.5M | $484.6M | ||
| Q2 24 | $786.2M | $471.3M | ||
| Q1 24 | $755.2M | $452.9M |
| Q4 25 | — | $7.4B | ||
| Q3 25 | — | $7.0B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | $879.8M | $5.2B | ||
| Q2 24 | $852.6M | $4.9B | ||
| Q1 24 | $831.0M | $4.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | 0.05× | — | ||
| Q1 24 | 0.05× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $31.8M | $18.2M |
| Free Cash FlowOCF − Capex | $31.6M | $17.9M |
| FCF MarginFCF / Revenue | 38.0% | 34.6% |
| Capex IntensityCapex / Revenue | 0.3% | 0.5% |
| Cash ConversionOCF / Net Profit | 1.27× | 0.52× |
| TTM Free Cash FlowTrailing 4 quarters | $129.5M | $40.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.2M | ||
| Q3 25 | — | $11.5M | ||
| Q2 25 | — | $7.7M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $37.8M | ||
| Q3 24 | $31.8M | $-17.6M | ||
| Q2 24 | $34.4M | $11.5M | ||
| Q1 24 | $34.9M | $10.6M |
| Q4 25 | — | $17.9M | ||
| Q3 25 | — | $11.4M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $37.5M | ||
| Q3 24 | $31.6M | $-17.6M | ||
| Q2 24 | $34.4M | $11.4M | ||
| Q1 24 | $34.9M | $10.5M |
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 23.2% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | 96.4% | ||
| Q3 24 | 38.0% | -50.3% | ||
| Q2 24 | 39.0% | 35.1% | ||
| Q1 24 | 39.6% | 35.8% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 0.3% | 0.2% | ||
| Q2 24 | 0.0% | 0.3% | ||
| Q1 24 | 0.0% | 0.1% |
| Q4 25 | — | 0.52× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | 1.27× | -1.11× | ||
| Q2 24 | 1.04× | 0.78× | ||
| Q1 24 | 1.15× | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DDI
Segment breakdown not available.
VEL
| Related Party | $19.3M | 37% |
| Nonrelated Party | $16.9M | 33% |
| Other | $15.4M | 30% |
