# Vroom Inc. (VRM)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $14M  
**Price:** $7.85 (-3.44%)

> Vroom Inc. is a publicly traded company specializing in automotive finance and digital services. Formerly known for its innovative end-to-end e-commerce platform for buying and selling used vehicles, Vroom has since transitioned away from direct automotive retail to focus on financial and technology-driven solutions within the automotive sector. Through its subsidiaries, including United Auto Credit Corporation (UACC) and CarStory, Vroom provides vehicle financing to customers via third-party dealers and offers an artificial intelligence-powered analytics platform that supports automotive retail decision-making. The company leverages advanced data analysis and digital tools to streamline financing processes, optimize inventory management, and enhance the customer experience for dealerships and their clients. Vroom’s strategic shift reflects a broader industry trend toward integrating financial technology and digital platforms in automotive commerce, positioning the company as a service provider to dealerships and automotive businesses rather than a direct-to-consumer retailer. Headquartered in Texas, Vroom plays a notable role in the evolving landscape of auto finance and retail analytics, supporting efficiency and transparency in dealer-driven transactions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2023 | $893M | $162M | -$270M | -$365M | — |
| 2022 | $1.95B | $245M | -$572M | -$452M | — |
| 2021 | $3.18B | $202M | -$359M | -$371M | — |
| 2020 | $1.36B | $72M | -$179M | -$203M | — |
| 2019 | $1.19B | $58M | -$133M | -$143M | — |
| 2018 | $855M | $61M | -$80M | -$85M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2023 | $1.48B | $1.35B | $128M | $136M | $627M |
| 2022 | $1.62B | $1.14B | $480M | $399M | $449M |
| 2021 | $2.37B | $1.45B | $915M | $1.13B | $611M |
| 2020 | $1.72B | $497M | $1.23B | $1.06B | — |
| 2019 | $563M | $263M | -$574M | $218M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $75M | $7M | $68M |
| 2024 | -$97M | $3M | -$101M |
| 2023 | -$534M | $3M | -$536M |
| 2022 | -$109M | $24M | -$133M |
| 2021 | -$569M | $28M | -$597M |
| 2020 | -$355M | $11M | -$367M |
| 2019 | -$216M | $4M | -$219M |
| 2018 | -$65M | $2M | -$67M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VRM)