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Financial statements

Vroom, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Vroom, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Revenue8551,1921,3583,1841,949893
Cost of revenue7951,1341,2862,9821,704731
Gross profit60.857.971.5202245162
Selling, general and administrative134185246548566341
Operating income-79.9-133-179-359-572-270
Interest expense8.5114.69.6621.940.745.45.832.8
Interest income3.145.615.910.319.421.2
Other non-operating income0.50.10.110.07-43.2-108
Pre-tax income-84.9-143-203-370-472-84.5-137-53.8
Income tax0.230.170.080.75-19.70.640.860.29
Income from continuing operations-85.1-138-54
Net income-85.2-143-203-371-452-365-165-53.1
EBITDA-73-127-174-345-533-241
EPS, basic-919.12-2,561.00-220.59-217.39-262.15-209.17-91.07-10.24
EPS, diluted-919.12-2,561.00-220.59-217.39-262.15-209.17-91.07-10.24
Shares, basic (weighted)0.110.110.921.711.721.741.815.18
Shares, diluted (weighted)0.110.110.921.711.721.741.815.18

Balance sheet

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents2181,0561,13239913629.310.4
Receivables30.860.610509.14
Inventory206424726321163
Other current assets9.1523.655.7050.9
Total current assets4651,5982,102814953
Property, plant and equipment7.8315.1374.474.984.066.74
Lease right-of-use assets17.115.42.557.066.875.79
Goodwill78.278.215900
Intangible assets0.570.0328.215913210512.4
Other non-current assets12.115.7252623.5
Total assets5631,7242,3671,6191,4751,067937
Accounts payable1932.952.7026.8
Accrued liabilities38.559.4122052.5
Deferred revenue17.324.875.810.714
Short-term debt47.2172
Total current liabilities260483827230857
Long-term debt611402454211
Lease liabilities12.19.595.2310.5
Other non-current liabilities3.072.154.0971.261.3
Total liabilities2634971,4521,1391,3481,098821
Total debt611449627381423
Paid-in capital2,0052,0642,0762,0882,095170
Retained earnings-574-778-1,149-1,596-1,961-2,126-53.1
Shareholders' equity-297-5741,227915480128-30.9117
Total equity-297-5741,227915480128-30.9117
Total liabilities and equity5631,7242,3671,6191,4751,067937
Shares outstanding0.111.681.721.731.791.825.2

Cash flow statement

FY2018FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Net income-85.2-143-203-371-452-85.1-138-54
Depreciation and amortization6.936.164.6513.238.729.129.13.35
Stock-based compensation1.162.7613.313.4126.895.895.18
Deferred income tax0000-23.9000
Change in receivables9.05-18.4-32.1-53.278.10.75
Change in inventory11.9-92.9-224-312404160
Change in payables-6.534.0414.119.3-24.3-7.94
Cash from operations-64.9-216-355-569-109-534-9775.2
Capital expenditures-2.06-3.53-11.3-28.4-24.2-2.62-3.49-7.06
Acquisitions-75.9-267
Cash from investing12.8-3.53-11.3-104-164173133-108
Debt issued625
Debt repaid-5.51-25
Stock issued0.031.815685.772.4
Share buybacks-5.82-1.82
Cash from financing1322751,237798-46997.3-16637.9
Net change in cash80.356.1870125-743-263-1304.86
Free cash flow-67-219-367-597-133-536-10168.1
Interest paid7.7412.68.541634.940.557.748.5
Income taxes paid0.210.160.160.42.415.36-1.43-0.14

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $9.75 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-123.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-5.3%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value CAGR, 3y-37.6%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-37.5%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-12.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-16.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-11.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y185.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y44.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y41.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Debt / equity3.63xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets45.1%Total debt / total assets.
Liabilities / assets87.6%Total liabilities / total assets.
Net debt$412.8MTotal debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets1.3%(Goodwill + intangible assets) / total assets.
Tangible book value$104.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Capex / operating cash flow9.4%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$10.24Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$10.24Net income per basic share, as reported (split-adjusted).
FCF per share$13.13Free cash flow / diluted weighted shares.
Operating cash flow per share$14.50Cash from operations / diluted weighted shares.
Book value per share$22.43Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$20.05Tangible book value / shares outstanding.
Cash per share$2.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$51.0MShare price x shares outstanding.
Enterprise value$463.8MMarket cap + total debt - cash - short-term investments.
P/B0.44xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.49xMarket cap / tangible book value, when positive.
P/FCF0.75xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF0.68xMarket cap / cash from operations, when positive.
EV/FCF6.81xEnterprise value / free cash flow, when both are positive.
FCF yield133.4%Free cash flow / market cap.
Earnings yield-103.9%Net income / market cap (the inverse of P/E).
Was Vroom, Inc. profitable in fiscal 2025?

No. It reported a net loss of $53.1M.

How much free cash flow did Vroom, Inc. generate in fiscal 2025?

Cash from operations of $75.2M minus capital expenditures of $7.1M left free cash flow of $68.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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