VEL
VEL
NYSE · Financial Services

Velocity Financial Inc

$18.57
-0.07 (-0.38%)
As of Jul 4, 10:18 PM ET ·
Financial Highlights (FY 2026)
Revenue
610.69M
Net Income
109.28M
Gross Margin
89.5%
Profit Margin
17.9%
Rev Growth
+33.4%
D/E Ratio
9.72
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 89.5% 89.5% 53.4% 53.4%
Operating Margin 91.0% 81.9% 36.2% 36.8%
Profit Margin 17.9% 17.0% 28.6% 22.8%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 610.69M 457.92M 137.29M 142.16M
Gross Profit 546.50M 409.80M 73.28M 75.88M
Operating Income 555.66M 375.00M 49.68M 52.26M
Net Income 109.28M 73.75M 39.20M 32.40M
Gross Margin 89.5% 89.5% 53.4% 53.4%
Operating Margin 91.0% 81.9% 36.2% 36.8%
Profit Margin 17.9% 17.0% 28.6% 22.8%
Rev Growth +33.4% +33.4% +15.0% +14.1%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 334.34M 334.34M 151.44M 152.71M
Total Equity 34.39M 34.39M 482.47M 479.59M
D/E Ratio 9.72 9.72 0.31 0.32
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 556.21M 396.22M 73.66M 65.28M
Free Cash Flow 24.40M 15.75M