Velocity Financial, Inc. Current State and Local Tax Expense (Benefit)
Velocity Financial, Inc. (VEL) reported Current State and Local Tax Expense (Benefit) of $12.16 million for the 12-month period ending 2025-12-31, per its 10-K filed 2026-03-12.
Financial Statements › Expense Statement › Income Tax
us-gaap:CurrentStateAndLocalTaxExpenseBenefit · last filed 2026-03-12
- Velocity Financial, Inc. current state and local tax expense (benefit) for fiscal 2025 was $12.16M, a 5.34% increase from fiscal 2024.
- Velocity Financial, Inc. current state and local tax expense (benefit) for fiscal 2024 was $11.55M, a 360.18% increase from fiscal 2023.
- Velocity Financial, Inc. current state and local tax expense (benefit) for fiscal 2023 was $2.51M, a 354.53% increase from fiscal 2022.
- Velocity Financial, Inc. current state and local tax expense (benefit) for fiscal 2022 was $552.00K, a 89.92% decline from fiscal 2021.
| Period end | Current State and Local Tax Expense (Benefit) 12 month |
|---|---|
| 2025-12-31 | $12.16M 10-K · filed 2026-03-12 |
| 2024-12-31 | $11.55M 10-K · filed 2026-03-12 |
| 2023-12-31 | $2.51M 10-K · filed 2026-03-12 |
| 2022-12-31 | $552.00K 10-K · filed 2025-03-12 |
| 2021-12-31 | $5.48M 10-K · filed 2024-03-15 |
| 2020-12-31 | -$769.00K 10-K · filed 2023-03-13 |
| 2019-12-31 | $6.32M 10-K · filed 2021-03-17 |
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