Income Tax Expense (Benefit) in USD of Velocity Financial, Inc. from 2018 to Q3 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Velocity Financial, Inc. quarterly/annual Income Tax Expense (Benefit) history and change rate from 2018 to Q3 2025.
  • Velocity Financial, Inc. Income Tax Expense (Benefit) for the quarter ending 30 Sep 2025 was $9,963,000.000, a 77.1% increase year-over-year.
  • Velocity Financial, Inc. Income Tax Expense (Benefit) for the twelve months ending 30 Sep 2025 was $37,194,000.000, a 70.4% increase year-over-year.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2024 was $27,925,000.000, a 48.3% increase from 2023.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2023 was $18,834,000.000, a 56.5% increase from 2022.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2022 was $12,033,000.000, a 13.9% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

Velocity Financial, Inc. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2025 $37,194,000 $9,963,000 +$4,336,000 +77.1% 01 Jul 2025 30 Sep 2025 10-Q 07 Nov 2025
Q2 2025 $32,858,000 $7,752,000 +$2,590,000 +50.2% 01 Apr 2025 30 Jun 2025 10-Q 08 Aug 2025
Q1 2025 $30,268,000 $8,246,000 +$2,343,000 +39.7% 01 Jan 2025 31 Mar 2025 10-Q 01 May 2025
Q4 2024 $27,925,000 $11,233,000 +$6,092,000 +1.2% 01 Oct 2024 31 Dec 2024 10-K 12 Mar 2025
Q3 2024 $21,833,000 $5,627,000 +$557,000 +11% 01 Jul 2024 30 Sep 2024 10-Q 07 Nov 2025
Q2 2024 $21,276,000 $5,162,000 +$560,000 +12.2% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2025
Q1 2024 $20,716,000 $5,903,000 +$1,882,000 +46.8% 01 Jan 2024 31 Mar 2024 10-Q 01 May 2025
Q4 2023 $18,834,000 $5,141,000 +$1,676,000 +48.4% 01 Oct 2023 31 Dec 2023 10-K 12 Mar 2025
Q3 2023 $17,158,000 $5,070,000 +$1,311,000 +34.9% 01 Jul 2023 30 Sep 2023 10-K 12 Mar 2025
Q2 2023 $15,847,000 $4,602,000 +$583,000 +14.5% 01 Apr 2023 30 Jun 2023 10-K 12 Mar 2025
Q1 2023 $15,264,000 $4,021,000 +$3,231,000 +4.1% 01 Jan 2023 31 Mar 2023 10-K 12 Mar 2025
Q4 2022 $12,033,000 $3,465,000 +$441,000 +14.6% 01 Oct 2022 31 Dec 2022 10-K 15 Mar 2024
Q3 2022 $11,592,000 $3,759,000 +$854,000 +29.4% 01 Jul 2022 30 Sep 2022 10-K 15 Mar 2024
Q2 2022 $10,738,000 $4,019,000 +$587,000 +17.1% 01 Apr 2022 30 Jun 2022 10-K 15 Mar 2024
Q1 2022 $10,151,000 $790,000 -$418,000 -34.6% 01 Jan 2022 31 Mar 2022 10-K 15 Mar 2024
Q4 2021 $10,569,000 $3,024,000 +$847,000 +38.9% 01 Oct 2021 31 Dec 2021 10-K 13 Mar 2023
Q3 2021 $9,722,000 $2,905,000 +$1,361,000 +88.1% 01 Jul 2021 30 Sep 2021 10-K 13 Mar 2023
Q2 2021 $8,361,000 $3,432,000 +$2,948,000 +6.1% 01 Apr 2021 30 Jun 2021 10-K 13 Mar 2023
Q1 2021 $5,413,000 $1,208,000 +$60,000 +5.2% 01 Jan 2021 31 Mar 2021 10-K 13 Mar 2023
Q4 2020 $5,353,000 $2,177,000 -$783,000 -26.5% 01 Oct 2020 31 Dec 2020 10-K 15 Mar 2022
Q3 2020 $6,136,000 $1,544,000 -$252,000 -14% 01 Jul 2020 30 Sep 2020 10-K 15 Mar 2022
Q2 2020 $6,388,000 $484,000 -$960,000 -66.5% 01 Apr 2020 30 Jun 2020 10-K 15 Mar 2022
Q1 2020 $7,348,000 $1,148,000 -$758,000 -39.8% 01 Jan 2020 31 Mar 2020 10-K 15 Mar 2022
Q4 2019 $8,106,000 $2,960,000 01 Oct 2019 31 Dec 2019 10-K 17 Mar 2021
Q3 2019 $1,796,000 01 Jul 2019 30 Sep 2019 10-K 17 Mar 2021
Q2 2019 $1,444,000 01 Apr 2019 30 Jun 2019 10-K 17 Mar 2021
Q1 2019 $1,906,000 01 Jan 2019 31 Mar 2019 10-K 17 Mar 2021

Velocity Financial, Inc. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $27,925,000 +$9,091,000 +48.3% 01 Jan 2024 31 Dec 2024 10-K 12 Mar 2025
2023 $18,834,000 +$6,801,000 +56.5% 01 Jan 2023 31 Dec 2023 10-K 12 Mar 2025
2022 $12,033,000 +$1,464,000 +13.9% 01 Jan 2022 31 Dec 2022 10-K 12 Mar 2025
2021 $10,569,000 +$5,217,000 +97.5% 01 Jan 2021 31 Dec 2021 10-K 15 Mar 2024
2020 $5,352,000 -$2,754,000 -34% 01 Jan 2020 31 Dec 2020 10-K 13 Mar 2023
2019 $8,106,000 -$3,512,000 -30.2% 01 Jan 2019 31 Dec 2019 10-K 15 Mar 2022
2018 $11,618,000 01 Jan 2018 31 Dec 2018 10-K 17 Mar 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.