---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-021758"
form_type: "8-K"
ticker: "VEL"
cik: "0001692376"
company_name: "Velocity Financial, Inc."
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T07:58:30.579293+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Velocity prelim Q4 net income at least $35M (+70%), EPS $0.90; issues $500M notes

## Summary
- Preliminary Q4 net income at least $35M (+70% YoY); diluted EPS at least $0.90 (+56%).
- FY 2025 net income at least $105M (+53%); originations $2.7B (+48%); portfolio UPB $6.5B (+28%).
- Nonperforming loans improved to 8.5-8.6% of UPB (FY24:10.7%).
- Announced $500M senior notes due 2031; proceeds to redeem $222.7M of 7.125% notes due 2027.
- Up to $75M of note proceeds earmarked for a potential business acquisition.

## SEC filing metadata
- accession: 0001193125-26-021758
- form_type: 8-K
- ticker: VEL
- cik: 0001692376
- company_name: Velocity Financial, Inc.
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692376/000119312526021758/0001193125-26-021758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692376/000119312526021758/d21903d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-021758
- JSON: https://secwatch.observer/filing/0001193125-26-021758.json
- Plain text: https://secwatch.observer/filing/0001193125-26-021758.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.