VEL · XBRL financial data

Velocity Financial financial statements, every fiscal year

The same tables from 6 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 years (VEL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Other operating income (expense)	6	8	22	66	101	164
Interest expense	100	106	157	203	271	365
Income tax expense (benefit)	5	11	12	19	28	41
Net income (loss)	18	29	32	52	68	105
Earnings per share, basic USD per share	(1.55)	0.90	0.99	1.60	2.07	2.81
Earnings per share, diluted USD per share	(1.55)	0.86	0.94	1.52	1.91	2.75
Weighted average shares, basic millions of shares	20	23	32	32	33	37
Weighted average shares, diluted millions of shares	20	34	34	34	36	38

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	13	36	45	41	50	92
Property and equipment, net	4	4	3	3	2	1
Right-of-use asset	5	4	2	3	3	3
Goodwill	—	7	7	7	7	7
Total assets	2,103	2,812	3,749	4,405	5,527	7,382
Total liabilities	1,793	2,468	3,368	3,968	5,007	6,706
Retained earnings	15	44	77	129	197	302
Total stockholders' equity	220	341	377	433	517	673
Total liabilities and equity	2,103	2,812	3,749	4,405	5,527	7,382
Common shares outstanding (cover page) millions of shares	21	32	33	33	34	39

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

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	18	29	32	52	68	105
Stock-based compensation	1	2	3	4	6	8
Depreciation and amortization	1	1	1	1	1	1
Net cash from operating activities	55	58	49	49	38	18
Purchases of property and equipment	1	0	0	0	0	0
Net cash from investing activities	88	(656)	(908)	(585)	(1,045)	(1,522)
Proceeds from issuing common stock	101	0	1	2	10	41
Share repurchases	—	—	0	1	2	7
Net cash from financing activities	(150)	626	874	536	1,016	1,682
Net change in cash	(7)	27	14	(0)	9	178

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.