Filing Flows › Velocity Financial (VEL) › How it makes money
How Velocity Financial (VEL) makes money
Velocity Financial (VEL) made $103M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Net interest income brought in $53.5M (52%); Noninterest income brought in $49.2M (48%). Of every dollar of revenue, 37¢ was left as operating profit, 26¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $53.5M | 52.1% | +9% | +9% |
| Noninterest income | $49.2M | 47.9% | +4% | +33% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $103M | 100.0% |
| Operating profit | $38.3M | 37.3% |
| Income tax | $11.1M | 10.8% |
| Net earnings | $26.4M | 25.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $103M | +19% |
From Velocity Financial's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Velocity Financial make money?
Velocity Financial (VEL) made $103M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Net interest income brought in $53.5M (52%); Noninterest income brought in $49.2M (48%). Of every dollar of revenue, 37¢ was left as operating profit, 26¢ was left as net earnings.
What is Velocity Financial's biggest business?
Net interest income: $53.5M in the third quarter 2026, 52% of revenue, +9% from a year earlier.
What is Velocity Financial's profit margin?
Net earnings were $26.4M, 25.7% of revenue, in the third quarter 2026; the operating margin was 37.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.