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Velocity Financial vs OppFi: VEL and OPFI compared
Velocity Financial is the larger company: $103M of revenue in its latest quarter (Q3 2026) against $92.8M for OppFi (Q3 2026). Velocity Financial is growing faster (+19% against -11% a year earlier). OppFi is more profitable, with an operating margin of 39.9% against 37.3%.
Where the money goes: VEL and OPFI
Velocity Financial (VEL) · Q3 2026
Velocity Financial, Q3 2026: revenue $103M (+19% year over year), operating margin 37.3%, net earnings $26.4M, operating cash flow −$12.2M. The chart follows the revenue to costs, profit and cash.
OppFi (OPFI) · Q3 2026
OppFi, Q3 2026: revenue $92.8M (-11% year over year), operating margin 39.9%, net earnings $34.5M, operating cash flow $85.3M. The chart follows the revenue to costs, profit and cash.
| Velocity Financial (VEL) | OppFi (OPFI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $103M | $92.8M |
| Revenue growth, Y/Y | +19% | -11% |
| Operating margin | 37.3% | 39.9% |
| Net earnings | $26.4M | $34.5M |
| Net margin | 25.7% | 37.2% |
| Operating cash flow | −$12.2M | $85.3M |
| Free cash flow | — | $81.5M |
Where the revenue comes from
Velocity Financial
- Net interest income: $53.5M (52%)
- Noninterest income: $49.2M (48%)
Questions
Which is bigger, Velocity Financial or OppFi?
Velocity Financial is the larger company: $103M of revenue in its latest quarter (Q3 2026) against $92.8M for OppFi (Q3 2026).
Is Velocity Financial or OppFi growing faster?
Velocity Financial is growing faster (+19% against -11% a year earlier).
Which is more profitable, Velocity Financial or OppFi?
OppFi is more profitable, with an operating margin of 39.9% against 37.3%.
More: Velocity Financial earnings · how Velocity Financial makes money · OppFi earnings · how OppFi makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.