Velocity Financial, Inc. (VEL)

USD 20.27

(-2.03%)

Operating Expenses Summary of Velocity Financial, Inc.

Velocity Financial, Inc.'s latest annual operating expenses in 2023 was 54.87 Million USD , down -51.45% from previous year.
Velocity Financial, Inc.'s latest quarterly operating expenses in 2024 Q2 was 22.29 Million USD , up 746.19% from previous quarter.
Velocity Financial, Inc. reported a annual operating expenses of 59.66 Million USD in annual operating expenses 2022, up 265.35% from previous year.
Velocity Financial, Inc. reported a annual operating expenses of -36.08 Million USD in annual operating expenses 2021, up 15.76% from previous year.
Velocity Financial, Inc. reported a quarterly operating expenses of 2.63 Million USD for 2024 Q1, down -27.57% from previous quarter.
Velocity Financial, Inc. reported a quarterly operating expenses of 18.81 Million USD for 2023 Q2, up 10.41% from previous quarter.

Annual Operating Expenses Chart of Velocity Financial, Inc. (2023 - 2015)

Historical Annual Operating Expenses of Velocity Financial, Inc. (2023 - 2015)

Year	Operating Expenses	Operating Expenses Growth
2023	54.87 Million USD	-51.45%
2022	59.66 Million USD	265.35%
2021	-36.08 Million USD	15.76%
2020	-42.83 Million USD	-48.4%
2019	-28.86 Million USD	-158.23%
2018	49.56 Million USD	19.03%
2017	41.64 Million USD	26.28%
2016	32.97 Million USD	221.97%
2015	10.24 Million USD	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q2	22.29 Million USD	746.19%
2024 Q1	2.63 Million USD	-27.57%
2023 Q2	18.81 Million USD	10.41%
2023 Q4	3.63 Million USD	-84.51%
2023 Q1	17.04 Million USD	-62.46%
2023 Q3	23.48 Million USD	24.8%
2023 FY	28.97 Million USD	-51.45%
2022 Q2	13.57 Million USD	-54.85%
2022 FY	59.66 Million USD	265.35%
2022 Q4	45.39 Million USD	256.64%
2022 Q3	12.72 Million USD	-6.21%
2022 Q1	30.05 Million USD	2.79%
2021 Q3	7.48 Million USD	3.1%
2021 Q2	7.26 Million USD	-4.26%
2021 FY	-36.08 Million USD	15.76%
2021 Q1	7.58 Million USD	16546.92%
2021 Q4	29.24 Million USD	290.5%
2020 Q3	8.91 Million USD	-25.99%
2020 Q2	12.04 Million USD	42.27%
2020 FY	-42.83 Million USD	-48.4%
2020 Q4	45.57 Thousand USD	-99.49%
2020 Q1	8.46 Million USD	-75.9%
2019 Q2	16.77 Million USD	8.74%
2019 FY	-28.86 Million USD	-158.23%
2019 Q4	35.12 Million USD	86.78%
2019 Q3	18.8 Million USD	12.08%
2019 Q1	15.43 Million USD	11.26%
2018 Q4	13.86 Million USD	9.0%
2018 Q3	12.72 Million USD	5.73%
2018 Q2	12.03 Million USD	70.45%
2018 Q1	7.05 Million USD	6.3%
2018 FY	49.56 Million USD	19.03%
2017 Q4	6.64 Million USD	0.0%
2017 FY	41.64 Million USD	26.28%
2016 FY	32.97 Million USD	221.97%
2015 FY	10.24 Million USD	0.0%

Peer Operating Expenses Comparison of Velocity Financial, Inc.

Name	Operating Expenses	Operating Expenses Difference
Greystone Housing Impact Investors LP	20.39 Million USD	-168.977%
Guild Holdings Company	663.86 Million USD	91.735%
loanDepot, Inc.	968.93 Million USD	94.337%
PennyMac Financial Services, Inc.	594.59 Million USD	90.772%
Rocket Companies, Inc.	3.79 Billion USD	98.555%
UWM Holdings Corporation	916.96 Million USD	94.016%
UWM Holdings Corporation	916.96 Million USD	94.016%
Walker & Dunlop, Inc.	798.56 Million USD	93.129%