Velocity Financial financials
$15.02−0.66%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $550.8M | $406.8M | $310.8M | $240.3M | $182.0M | $167.3M |
| Gross profit | $185.8M | $135.8M | $107.8M | $83.1M | $76.0M | $67.4M |
| Gross margin | 33.7% | 33.4% | 34.7% | 34.6% | 41.8% | 40.3% |
| Operating income | -$17.4M | -$5.0M | $5.2M | $24.2M | $32.2M | $16.8M |
| Net income | $103.7M | $67.6M | $51.5M | $31.7M | $20.6M | -$31.2M |
| Net margin | 18.8% | 16.6% | 16.6% | 13.2% | 11.3% | −18.6% |
| Diluted EPS | $2.75 | $1.91 | $1.52 | $0.94 | $0.86 | $-1.55 |
| EBITDA | -$16.9M | -$4.2M | $6.0M | $26.3M | $34.6M | $18.0M |
| Operating cash flow | $18.2M | $37.8M | $48.8M | $48.7M | $57.6M | $54.9M |
| Free cash flow | $17.9M | $37.5M | $48.7M | $46.1M | $51.9M | $54.2M |
| Diluted shares | 38.2M | 35.8M | 34.5M | 34.1M | 34.0M | 20.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $92.1M | $49.9M | $40.6M | $45.2M | $36.0M | $13.3M |
| Short-term investments | $2.03B | $5.19B | $4.15B | $3.55B | $2.62B | $1.96B |
| Total debt | $5.94B | $4.23B | $3.30B | $2.95B | $2.07B | $1.58B |
| Total assets | $7.38B | $5.53B | $4.40B | $3.75B | $2.81B | $2.10B |
| Total liabilities | $6.71B | $5.01B | $3.97B | $3.37B | $2.47B | $1.79B |
| Shareholders' equity | $675.7M | $520.2M | $436.9M | $380.5M | $344.5M | $309.6M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology