Velocity Financial, Inc. (VEL)

USD 20.27

(-2.03%)

Operating Income Summary of Velocity Financial, Inc.

Velocity Financial, Inc.'s latest annual operating income in 2023 was 76.84 Million USD , up 60.92% from previous year.
Velocity Financial, Inc.'s latest quarterly operating income in 2024 Q2 was 86.78 Million USD , down -1.09% from previous quarter.
Velocity Financial, Inc. reported an annual operating income of 171.96 Million USD in 2022, up 332.15% from previous year.
Velocity Financial, Inc. reported an annual operating income of 39.79 Million USD in 2021, up 72.05% from previous year.
Velocity Financial, Inc. reported a quarterly operating income of 87.74 Million USD for 2024 Q1, up 7.07% from previous quarter.
Velocity Financial, Inc. reported a quarterly operating income of 14.03 Million USD for 2023 Q2, down -75.28% from previous quarter.

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

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

Year	Operating Income	Operating Income Growth
2023	76.84 Million USD	60.92%
2022	171.96 Million USD	332.15%
2021	39.79 Million USD	72.05%
2020	23.12 Million USD	-8.93%
2019	25.39 Million USD	-73.31%
2018	95.16 Million USD	26.42%
2017	75.28 Million USD	30.65%
2016	57.62 Million USD	33.64%
2015	43.11 Million USD	0.0%

Year	Operating Income	Operating Income Growth
2024 Q2	86.78 Million USD	-1.09%
2024 Q1	87.74 Million USD	7.07%
2023 Q2	14.03 Million USD	-75.28%
2023 Q4	81.95 Million USD	372.09%
2023 Q1	56.78 Million USD	106.89%
2023 Q3	17.36 Million USD	23.67%
2023 FY	276.72 Million USD	60.92%
2022 Q2	14.79 Million USD	-66.84%
2022 FY	171.96 Million USD	332.15%
2022 Q4	27.44 Million USD	-47.53%
2022 Q3	52.31 Million USD	253.71%
2022 Q1	44.6 Million USD	12.91%
2021 Q3	339 Thousand USD	-86.06%
2021 Q2	2.43 Million USD	-13.17%
2021 FY	39.79 Million USD	72.05%
2021 Q1	2.8 Million USD	-55.68%
2021 Q4	39.5 Million USD	11553.39%
2020 Q3	-11.86 Million USD	-8.77%
2020 Q2	-10.9 Million USD	-773.33%
2020 FY	23.12 Million USD	-8.93%
2020 Q4	6.32 Million USD	153.27%
2020 Q1	1.62 Million USD	-38.84%
2019 Q2	28.65 Million USD	-1.24%
2019 FY	25.39 Million USD	-73.31%
2019 Q4	2.64 Million USD	-91.55%
2019 Q3	31.34 Million USD	9.38%
2019 Q1	29.01 Million USD	18.16%
2018 Q4	24.55 Million USD	-0.18%
2018 Q3	24.6 Million USD	2.63%
2018 Q2	23.97 Million USD	336.25%
2018 Q1	5.49 Million USD	-3.9%
2018 FY	95.16 Million USD	26.42%
2017 Q4	5.71 Million USD	0.0%
2017 FY	75.28 Million USD	30.65%
2016 FY	57.62 Million USD	33.64%
2015 FY	43.11 Million USD	0.0%

Peer Operating Income Comparison of Velocity Financial, Inc.

Name	Operating Income	Operating Income Difference
Greystone Housing Impact Investors LP	17.78 Million USD	-332.182%
Guild Holdings Company	- USD	-Infinity%
loanDepot, Inc.	- USD	-Infinity%
PennyMac Financial Services, Inc.	709.98 Million USD	89.176%
Rocket Companies, Inc.	-294.87 Million USD	126.062%
UWM Holdings Corporation	1.09 Billion USD	92.963%
UWM Holdings Corporation	1.09 Billion USD	92.963%
Walker & Dunlop, Inc.	138.19 Million USD	44.392%