Velocity Financial, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $511.3M | $367.4M | $274.2M | $201.7M | $145.8M | $123.0M | $123.9M |
| Operating Margin | — | — | — | — | — | — | — | — |
| Interest Expense | — | $365.0M | $271.0M | $203.0M | $157.2M | $106.0M | $99.9M | $98.5M |
| Pretax Income | — | $146.2M | $96.4M | $71.1M | $44.6M | $39.8M | $23.1M | $25.4M |
| Income Tax Expense | — | $41.3M | $27.9M | $18.8M | $12.0M | $10.6M | $5.4M | $8.1M |
| Net Income | — | $105.1M | $68.4M | $52.3M | $32.2M | $29.2M | $17.8M | $17.3M |
| Net Margin | — | — | — | — | — | — | — | — |
| EPS (Basic) | — | $2.81 | $2.07 | $1.60 | $0.99 | $0.90 | $-1.55 | — |
| EPS (Diluted) | — | $2.75 | $1.91 | $1.52 | $0.94 | $0.86 | $-1.55 | — |
| Shares Outstanding (Basic) | 39.2M | 36.9M | 32.7M | 32.2M | 31.9M | 22.8M | 20.1M | 0 |
| Shares Outstanding (Diluted) | 39.2M | 38.2M | 35.8M | 34.5M | 34.1M | 34.0M | 20.1M | 0 |
| Dividends Per Share | — | — | — | — | — | — | — | — |