Velocity Financial, Inc. (VEL)
NYSE: VEL · Real-Time Price · USD
20.14
+0.07 (0.35%)
Nov 20, 2024, 4:00 PM EST - Market closed

Velocity Financial Revenue

Velocity Financial had revenue of $45.80M in the quarter ending September 30, 2024, with 29.06% growth. This brings the company's revenue in the last twelve months to $161.83M, up 35.27% year-over-year. In the year 2023, Velocity Financial had annual revenue of $131.72M with 39.64% growth.

Revenue (ttm)
$161.83M
Revenue Growth
+35.27%
P/S Ratio
4.05
Revenue / Employee
$639,640
Employees
253
Market Cap
666.93M

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 2023131.72M37.39M39.64%
Dec 31, 202294.33M8.56M9.98%
Dec 31, 202185.77M15.81M22.60%
Dec 31, 202069.96M7.67M12.32%
Dec 31, 201962.28M12.48M25.06%
Dec 31, 2018 Pro Pro Pro
Dec 31, 2017 Pro Pro Pro
Dec 31, 2016 Pro Pro Pro
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition