Velocity Financial, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Velocity Financial, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $34.80M | Mar 12, 2026 |
| FY2025 | Sep 30, 2025 | $25.37M | Mar 12, 2026 |
| FY2025 | Jun 30, 2025 | $26.00M | Mar 12, 2026 |
| FY2025 | Mar 31, 2025 | $18.89M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $20.59M | Mar 12, 2026 |
| FY2025 | Sep 30, 2024 | $15.80M | Mar 12, 2026 |
| FY2025 | Jun 30, 2024 | $14.78M | Mar 12, 2026 |
| FY2025 | Mar 31, 2024 | $17.25M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $17.36M | Mar 12, 2025 |
| FY2024 | Sep 30, 2023 | $12.09M | Mar 12, 2025 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $18.16M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $37.76M | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | $48.84M | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | $48.67M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $57.62M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $54.89M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | ($105.34M) | Mar 15, 2022 |
| FY2020 | Dec 31, 2018 | ($72.49M) | Mar 17, 2021 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $281.0K | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $289.0K | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | $180.0K | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | $326.0K | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $135.0K | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $726.0K | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $882.0K | Mar 15, 2022 |
| FY2020 | Dec 31, 2018 | $1.30M | Mar 17, 2021 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.38B | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $5.53B | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $4.40B | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $3.75B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $2.81B | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $2.10B | Mar 15, 2022 |
| FY2020 | Dec 31, 2019 | $2.21B | Mar 17, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.71B | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $5.01B | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $3.97B | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $3.37B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $2.47B | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $1.79B | Mar 15, 2022 |
| FY2020 | Dec 31, 2019 | $2.06B | Mar 17, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $672.54M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $516.94M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $433.44M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $376.81M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $341.11M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $219.59M | Mar 15, 2022 |
| FY2020 | Dec 31, 2019 | $152.84M | Mar 17, 2021 |
| FY2020 | Dec 31, 2018 | $136.80M | Mar 17, 2021 |
| FY2020 | Dec 31, 2017 | $130.94M | Mar 17, 2021 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.78M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $6.78M | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | $6.78M | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | $6.78M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $6.78M | Mar 15, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $302.38M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $197.33M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | $128.91M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $76.63M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $44.42M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $15.20M | Mar 15, 2022 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $92.10M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | $49.90M | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | $40.57M | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | $45.25M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $35.97M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $13.27M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $21.47M | Mar 15, 2022 |
| FY2020 | Dec 31, 2018 | $15.01M | Mar 17, 2021 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | (1) | Mar 13, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Mar 12, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Mar 12, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | (1) | Mar 13, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 39.57M | Mar 12, 2026 |
| FY2025 | Dec 31, 2024 | 33.55M | Mar 12, 2026 |
| FY2024 | Dec 31, 2023 | 32.87M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | 32.49M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | 32.29M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | 20.09M | Mar 15, 2022 |
| FY2020 | Dec 31, 2019 | 0 | Mar 17, 2021 |