Velocity Financial, Inc. Quarterly Income Tax Expense (Benefit) in USD from Q1 2019 to Q4 2024

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 growth rate from Q1 2019 to Q4 2024.
  • Velocity Financial, Inc. Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $11.2M, a 118% increase year-over-year.
  • Velocity Financial, Inc. Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $27.9M, a 48.3% increase year-over-year.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2024 was $27.9M, a 48.3% increase from 2023.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2023 was $18.8M, a 56.5% increase from 2022.
  • Velocity Financial, Inc. annual Income Tax Expense (Benefit) for 2022 was $12M, 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 Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q4 2024 $27.9M $11.2M +$6.09M +118% Oct 1, 2024 Dec 31, 2024 10-K 2025-03-12
Q3 2024 $21.8M $5.63M +$557K +11% Jul 1, 2024 Sep 30, 2024 10-K 2025-03-12
Q2 2024 $21.3M $5.16M +$560K +12.2% Apr 1, 2024 Jun 30, 2024 10-K 2025-03-12
Q1 2024 $20.7M $5.9M +$1.88M +46.8% Jan 1, 2024 Mar 31, 2024 10-K 2025-03-12
Q4 2023 $18.8M $5.14M +$1.68M +48.4% Oct 1, 2023 Dec 31, 2023 10-K 2025-03-12
Q3 2023 $17.2M $5.07M +$1.31M +34.9% Jul 1, 2023 Sep 30, 2023 10-K 2025-03-12
Q2 2023 $15.8M $4.6M +$583K +14.5% Apr 1, 2023 Jun 30, 2023 10-K 2025-03-12
Q1 2023 $15.3M $4.02M +$3.23M +409% Jan 1, 2023 Mar 31, 2023 10-K 2025-03-12
Q4 2022 $12M $3.47M +$441K +14.6% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-15
Q3 2022 $11.6M $3.76M +$854K +29.4% Jul 1, 2022 Sep 30, 2022 10-K 2024-03-15
Q2 2022 $10.7M $4.02M +$587K +17.1% Apr 1, 2022 Jun 30, 2022 10-K 2024-03-15
Q1 2022 $10.2M $790K -$418K -34.6% Jan 1, 2022 Mar 31, 2022 10-K 2024-03-15
Q4 2021 $10.6M $3.02M +$847K +38.9% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-13
Q3 2021 $9.72M $2.91M +$1.36M +88.1% Jul 1, 2021 Sep 30, 2021 10-K 2023-03-13
Q2 2021 $8.36M $3.43M +$2.95M +609% Apr 1, 2021 Jun 30, 2021 10-K 2023-03-13
Q1 2021 $5.41M $1.21M +$60K +5.23% Jan 1, 2021 Mar 31, 2021 10-K 2023-03-13
Q4 2020 $5.35M $2.18M -$783K -26.5% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-15
Q3 2020 $6.14M $1.54M -$252K -14% Jul 1, 2020 Sep 30, 2020 10-K 2022-03-15
Q2 2020 $6.39M $484K -$960K -66.5% Apr 1, 2020 Jun 30, 2020 10-K 2022-03-15
Q1 2020 $7.35M $1.15M -$758K -39.8% Jan 1, 2020 Mar 31, 2020 10-K 2022-03-15
Q4 2019 $8.11M $2.96M Oct 1, 2019 Dec 31, 2019 10-K 2021-03-17
Q3 2019 $1.8M Jul 1, 2019 Sep 30, 2019 10-K 2021-03-17
Q2 2019 $1.44M Apr 1, 2019 Jun 30, 2019 10-K 2021-03-17
Q1 2019 $1.91M Jan 1, 2019 Mar 31, 2019 10-K 2021-03-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.