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Other financials

Income statement

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EPS (diluted)$0.57+11.8%

Balance sheet

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Cash & equivalents$87.1M+68.5%
Total debt$3.1M+15.0%
Total equity$693.3M+23.1%
Total assets$7.6B+27.1%

Cash flow

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Operating cash flow$12.1M+242%
CapEx$42.0K-47.5%
Free cash flow$12.0M+248%

Valuation

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Market cap$696.78M+2.6%
P/E6.4×-3.3×

Returns & leverage

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Return on equity17.3%+3.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Velocity Financial in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Velocity Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Velocity Financial's net income?
Velocity Financial (VEL) reported net income of $22.36M in Q1 2026.
How has Velocity Financial's net income changed year-over-year?
Velocity Financial's net income increased by 18.4% year-over-year, from $18.89M to $22.36M.
What is the long-term trend for Velocity Financial's net income?
Over 4 years (2021 to 2025), Velocity Financial's net income has grown at a 37.7% compound annual growth rate (CAGR), from $29.22M to $105.05M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.