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VEL logoVelocity Financial, Inc. (VEL) Earnings History

Annual and quarterly earnings data from 2016 to 2025

TTM Net Income
$108M
Profitable
TTM EPS
$2.76
Diluted
YoY EPS Growth
+44.0%
Excellent
Net Margin
14.7%
Profitability
Operating Margin71.6%
Gross Margin95.3%
ROE17.6%
ROA1.6%
Highest Annual Net Income$105M (2025)
Highest Quarterly EPS$0.90 (Q4 2025)
Consecutive Profitable Years10 years
Q1 2026
Net Income$22M
EPS$0.57
QoQ Growth-36.6%Declining

Loading earnings history...

VEL EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+44.0%
Excellent
3-Year
+43.5%
Excellent
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

VEL Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202595.3%71.6%14.7%
202443.6%20.0%14.2%
2023100.0%58.3%39.7%
202236.2%17.9%13.0%
202141.7%21.9%16.1%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Velocity Financial, Inc. (VEL) Earnings Overview

As of May 8, 2026, Velocity Financial, Inc. (VEL) reported trailing twelve-month net income of $108M, reflecting +44.0% year-over-year growth. The company earned $2.76 per diluted share over the past four quarters, with a net profit margin of 14.7%.

Looking at the long-term picture, VEL's historical earnings data spans multiple years. The company achieved its highest annual net income of $105M in fiscal 2025, representing a new all-time high.

Velocity Financial, Inc. maintains positive profitability with a gross margin of 95.3%, operating margin of 71.6%, and net margin of 14.7%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including RC (-$229M net income, -45.8% margin), ACRE (-$20M net income, -1.1% margin), GPMT (-$40M net income, -28.3% margin), VEL has outperformed on profitability metrics. Compare VEL vs RC →

VEL Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
VEL logoVELCurrent
$108M$2.7614.7%17.6%+44.0%—
RC logoRC
-$229M$-1.39-45.8%-12.8%+45.2%
ACRE logoACRE
-$20M$-0.36-1.1%-0.2%+97.4%
GPMT logoGPMT
-$40M$-0.84-28.3%-7.0%+73.7%
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
FBRT logoFBRT
$72M$0.90-5.4%-22.0%
Best in group
Lowest in group

VEL Historical Earnings Data (2016–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$105M+53.5%$511M$2.7514.7%71.6%
2024$68M+30.9%$96M$1.9114.2%20.0%
2023$52M+62.3%$77M$1.5239.7%58.3%
2022$32M+10.2%$45M$0.9313.0%17.9%
2021$29M+64.4%$40M$0.8616.1%21.9%
2020$18M+2.8%$23M$-1.5510.7%13.9%
2019$17M+126.6%$25M$0.8611.3%16.6%
2018$8M-45.4%$19M$0.906.3%15.8%
2017$14M+105.8%$14M$1.1914.7%14.7%
2016$7M-$7M$0.589.0%9.0%

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Is VEL Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare VEL vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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VEL — Frequently Asked Questions

Quick answers to the most common questions about buying VEL stock.

Is VEL growing earnings?

VEL EPS is $2.76, with earnings growth accelerating to +44.0%. This exceeds the 5-year CAGR of N/A. TTM net income reached $108M.

What are VEL's profit margins?

Velocity Financial, Inc. net margin is +14.7%, with operating margin at +71.6%. Margins sit within typical range for the sector.

How consistent are VEL's earnings?

VEL earnings data spans 2016-2025. The accelerating earnings trend is +44.0% YoY. Historical data enables comparison across business cycles.

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VEL Earnings Over Time (2016–2025)

Net income and EPS trends