VEL · XBRL financial data

Velocity Financial financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (VEL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Other operating income (expense)	17	22	26	23	21	32	33	40	37	53	43	47
Interest expense	52	56*	61	65	70	75*	81	88	95	101*	109	112
Income tax expense (benefit)	5	5	6	5	6	11	8	8	10	15	9	10
Net income (loss)	12	17	17	15	16	21	19	26	25	35	22	25
Earnings per share, basic USD per share	0.37	0.54*	0.52	0.45	0.48	0.63*	0.55	0.69	0.66	0.91*	0.57	0.64
Earnings per share, diluted USD per share	0.35	0.50*	0.49	0.42	0.44	0.57*	0.51	0.69	0.65	0.89*	0.57	0.64
Weighted average shares, basic millions of shares	32	32*	33	33	33	33*	34	37	38	38*	39	39
Weighted average shares, diluted millions of shares	35	35*	35	36	36	36*	37	38	39	39*	39	39

Fiscal quarters (VEL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	29	41	35	47	44	50	52	80	99	92	87	76
Property and equipment, net	3	3	2	2	2	2	2	2	1	1	1	1
Right-of-use asset	—	3	—	—	—	3	—	—	—	3	—	—
Goodwill	7	7	7	7	7	7	7	7	7	7	7	7
Total assets	4,117	4,405	4,628	4,873	5,202	5,527	5,972	6,476	6,959	7,382	7,591	7,963
Total liabilities	3,697	3,968	4,172	4,399	4,715	5,007	5,405	5,875	6,321	6,706	6,895	7,238
Retained earnings	112	129	146	161	177	197	216	242	268	302	325	350
Total stockholders' equity	416	433	453	471	485	517	563	598	634	673	693	722
Total liabilities and equity	4,117	4,405	4,628	4,873	5,202	5,527	5,972	6,476	6,959	7,382	7,591	7,963
Common shares outstanding (cover page) millions of shares	33	33	33	33	33	34	36	38	39	39	39	39

Fiscal quarters (VEL's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	12	17	17	15	16	21	19	26	25	35	22	25
Stock-based compensation	1*	1*	1	2*	2*	2*	2	2*	2*	2*	3	3*
Depreciation and amortization	0*	0*	0	0*	0*	0*	0	0*	0*	0*	0	0*
Net cash from operating activities	(10)*	26*	11	11*	(18)*	33*	4	8*	11*	(4)*	12	4*
Purchases of property and equipment	0*	0*	0	0*	0*	0*	0	0*	0*	0*	0	0*
Net cash from investing activities	(148)*	(224)*	(212)	(197)*	(280)*	(356)*	(401)	(441)*	(429)*	(250)*	(351)	(200)*
Proceeds from issuing common stock	1*	1*	0	2*	0*	8*	29	2*	9*	1*	—	—
Share repurchases	0*	0*	1	0*	0*	0*	2	5*	0*	0*	5	3*
Net cash from financing activities	154*	213*	199	206*	285*	326*	402	456*	438*	386*	202	329*
Net change in cash	(4)*	15*	(3)	21*	(12)*	4*	4	23*	21*	131*	(137)	133*

SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6199 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Velocity Financial	76	not reported	3.7*	39.5M	—	Q2 FY26 10-QJun 30, 2026
Chaince Digital Holdings	31	0.5	0.9*	110.0M	—	Q2 FY26 10-QJun 30, 2026
Oportun Financial	140	233	109*	46.0M	—	Q2 FY26 10-QJun 30, 2026
Exodus Movement	21	26	(50)*	not reported	0.4 quarters	Q2 FY26 10-QJun 30, 2026
Medallion Financial	173	not reported	17*	23.0M	—	Q2 FY26 10-QJun 30, 2026
Yorkville Acquisition	0.2	not reported	(0.1)*	not reported	1.4 quarters	Q2 FY26 10-QJun 30, 2026
DeFi Development	4.3	3.3	(4.3)*	31.0M	1.5 quarters	Q2 FY26 10-QJun 30, 2026
Greystone Housing Impact Investors	31	21	1.2*	23.6M	—	Q2 FY26 10-QJun 30, 2026
Bitwise Ethereum ETF	not reported	not reported	(5.2)*	14.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.