Velocity Financial, Inc. (VEL)

USD 20.27

(-2.03%)

Gross Profit Summary of Velocity Financial, Inc.

Velocity Financial, Inc.'s latest annual gross profit in 2023 was 131.71 Million USD , up 280.5% from previous year.
Velocity Financial, Inc.'s latest quarterly gross profit in 2024 Q2 was 95.14 Million USD , up 5.27% from previous quarter.
Velocity Financial, Inc. reported a annual gross profit of 80.34 Million USD in annual gross profit 2022, up 28.6% from previous year.
Velocity Financial, Inc. reported a annual gross profit of 62.47 Million USD in annual gross profit 2021, up 17.5% from previous year.
Velocity Financial, Inc. reported a quarterly gross profit of 90.38 Million USD for 2024 Q1, up 5.6% from previous quarter.
Velocity Financial, Inc. reported a quarterly gross profit of 31.67 Million USD for 2023 Q2, up 10.71% from previous quarter.

Annual Gross Profit Chart of Velocity Financial, Inc. (2023 - 2015)

Historical Annual Gross Profit of Velocity Financial, Inc. (2023 - 2015)

Year	Gross Profit	Gross Profit Growth
2023	131.71 Million USD	280.5%
2022	80.34 Million USD	28.6%
2021	62.47 Million USD	17.5%
2020	53.16 Million USD	19.75%
2019	44.39 Million USD	16.36%
2018	38.15 Million USD	38.55%
2017	27.54 Million USD	34.51%
2016	20.47 Million USD	-61.63%
2015	53.36 Million USD	0.0%

Year	Gross Profit	Gross Profit Growth
2024 Q2	95.14 Million USD	5.27%
2024 Q1	90.38 Million USD	5.6%
2023 Q2	31.67 Million USD	10.71%
2023 Q4	85.59 Million USD	137.94%
2023 Q1	28.6 Million USD	82.33%
2023 Q3	35.97 Million USD	13.59%
2023 FY	305.69 Million USD	280.5%
2022 Q2	22.23 Million USD	94.46%
2022 FY	80.34 Million USD	28.6%
2022 Q4	15.68 Million USD	-28.95%
2022 Q3	22.08 Million USD	-0.71%
2022 Q1	11.43 Million USD	-37.32%
2021 Q3	16.62 Million USD	-3.47%
2021 Q2	17.22 Million USD	65.19%
2021 FY	62.47 Million USD	17.5%
2021 Q1	10.42 Million USD	-45.61%
2021 Q4	18.24 Million USD	9.72%
2020 Q3	13.34 Million USD	12.82%
2020 Q2	11.82 Million USD	5.2%
2020 FY	53.16 Million USD	19.75%
2020 Q4	19.17 Million USD	43.72%
2020 Q1	11.24 Million USD	-30.86%
2019 Q2	11.87 Million USD	-12.57%
2019 FY	44.39 Million USD	16.36%
2019 Q4	16.25 Million USD	29.64%
2019 Q3	12.54 Million USD	5.58%
2019 Q1	13.58 Million USD	27.1%
2018 Q4	10.68 Million USD	-10.02%
2018 Q3	11.87 Million USD	-0.5%
2018 Q2	11.93 Million USD	-4.9%
2018 Q1	12.55 Million USD	1.58%
2018 FY	38.15 Million USD	38.55%
2017 Q4	12.35 Million USD	0.0%
2017 FY	27.54 Million USD	34.51%
2016 FY	20.47 Million USD	-61.63%
2015 FY	53.36 Million USD	0.0%

Peer Gross Profit Comparison of Velocity Financial, Inc.

Name	Gross Profit	Gross Profit Difference
Greystone Housing Impact Investors LP	134.25 Million USD	1.886%
Guild Holdings Company	677.89 Million USD	80.57%
loanDepot, Inc.	715.75 Million USD	81.597%
PennyMac Financial Services, Inc.	1.94 Billion USD	93.218%
Rocket Companies, Inc.	3.5 Billion USD	96.241%
UWM Holdings Corporation	1.88 Billion USD	93.006%
UWM Holdings Corporation	1.88 Billion USD	93.006%
Walker & Dunlop, Inc.	827.68 Million USD	84.086%