← Vroom, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and Cash Equivalents, at Carrying Value | $217.7m | $1.1b | $1.1b | $398.9m | $135.6m | $29.3m | $35.4m | |
| Prepaid Expense and Other Assets, Current | $9.1m | $23.6m | $55.7m | $58.3m | $50.9m | — | — | |
| Cash and cash equivalents | $217.7m | $1.1b | $1.1b | $398.9m | $135.6m | $29.3m | $10.4m | |
| Finance receivables at fair value (including finance receivables of consolidated VIEs of $777.0 million and $467.3 million, respectively) | — | — | $0 | $140.2m | $336.2m | $503.8m | $808.6m | |
| Finance receivables held for sale, net (including finance receivables of consolidated VIEs of $0.0 million and $310.0 million, respectively) | — | — | $0 | $321.6m | $503.5m | $318.2m | $0 | |
| Interest receivable (including interest receivables of consolidated VIEs of $12.4 million and $13.3 million, respectively) | — | — | — | — | $14.5m | $14.1m | $12.8m | |
| Accounts Receivable | — | — | $105.4m | $14.0m | $9.1m | — | — | |
| Accrued Interest Receivable | — | — | — | — | $14.5m | $14.1m | $12.8m | |
| Allowance For Doubtful Accounts Receivable | — | — | ($8.9m) | ($21.5m) | ($11.2m) | — | — | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | $419.5m | $135.6m | $29.3m | $10.4m | |
| Gross Accounts Receivable | — | — | $114.3m | $35.5m | $20.3m | — | — | |
| Other Current Assets | — | — | $55.7m | $58.3m | $50.9m | — | — | |
| Other Receivables | — | — | — | $334.6m | $348.7m | $503.8m | $808.6m | |
| Other Short Term Investments | — | — | $0 | $20.6m | $4.5m | — | — | |
| Inventory, Net | $205.7m | $423.6m | $726.4m | $320.6m | $163.2m | — | — | |
| Assets, Current | $465.3m | $1.6b | $2.1b | $1.2b | $952.6m | — | — | |
| Property, Plant and Equipment, Net | $7.8m | $15.1m | $37.0m | $50.2m | $24.1m | $4.1m | $1.2m | |
| Goodwill | $78.2m | $78.2m | $158.8m | $0 | $0 | — | — | |
| Intangible Assets, Net (Excluding Goodwill) | — | — | $28.2m | $158.9m | $131.9m | $104.9m | $14.2m | |
| Intangible assets, net | — | $34k | $28.2m | $158.9m | $131.9m | $104.9m | $12.4m | |
| Goodwill And Other Intangible Assets | — | — | — | $158.9m | $131.9m | $104.9m | $12.4m | |
| Other Intangible Assets | — | — | — | $158.9m | $131.9m | $104.9m | $12.4m | |
| Operating Lease, Right-of-Use Asset | — | $17.1m | $15.4m | $23.6m | $7.1m | $6.9m | $11.0m | |
| Other Assets, Noncurrent | $12.1m | $15.8m | $25.0m | $26.0m | $23.5m | — | — | |
| Operating lease right-of-use assets | — | $17.1m | $15.4m | $23.6m | $7.1m | $6.9m | $5.8m | |
| Other assets (including other assets of consolidated VIEs of $9.8 million and $10.8 million, respectively) | $12.1m | $15.8m | $25.0m | $26.0m | $23.5m | $35.5m | $24.7m | |
| Additional Financial Items | ||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $30.8m | $60.6m | $105.4m | $14.0m | $9.1m | — | — | |
| Restricted cash (including restricted cash of consolidated VIEs of $55.8 million and $48.1 million, respectively) | $1.9m | $33.8m | $82.5m | $73.1m | $73.2m | $49.0m | $55.9m | |
| Assets from discontinued operations | — | — | — | — | $196.5m | $943k | $46k | |
| Warehouse credit facilities of consolidated VIEs | — | — | — | $229.5m | $421.3m | $359.9m | $318.7m | |
| Operating lease liabilities | — | — | — | — | $10.5m | $11.1m | $9.1m | |
| Other liabilities (including other liabilities of consolidated VIEs of $15.7 million and $13.8 million, respectively) | — | — | — | — | $61.3m | $49.7m | $41.1m | |
| Liabilities subject to compromise (Note 6) | — | — | — | — | — | $291.6m | $291.7m | |
| Liabilities from discontinued operations | — | — | — | — | $228.1m | $4.0m | $124k | |
| Accumulated Depreciation | — | — | — | ($32.9m) | ($4.8m) | ($5.9m) | ($1.4m) | |
| Assets Held For Sale Current | — | — | — | — | $700.1m | $319.1m | $46k | |
| Capital Lease Obligations | — | — | — | $29.9m | $10.5m | $11.1m | $9.1m | |
| Current Accrued Expenses | — | — | — | $31.7m | $7.7m | $4.9m | $7.1m | |
| Current Capital Lease Obligation | — | — | $6.9m | $9.7m | $8.7m | — | — | |
| Current Debt | — | — | — | $553.7m | $421.3m | $359.9m | $337.2m | |
| Current Debt And Capital Lease Obligation | — | — | — | $563.5m | $421.3m | $359.9m | $337.2m | |
| Current Deferred Liabilities | — | — | $75.8m | $10.7m | $14.0m | — | — | |
| Current Provisions | — | — | $26.5m | $3.9m | $1.6m | — | — | |
| Employee Benefits | — | — | — | — | $8.9m | $12.2m | $5.4m | |
| Finished Goods | — | — | $724.5m | $318.0m | $162.7m | — | — | |
| Gross PPE | — | — | — | $106.7m | $16.8m | $16.8m | $14.0m | |
| Income Tax Payable | — | — | $420k | $4.0m | — | — | — | |
| Interest Payable | — | — | — | $4.0m | $4.2m | $4.1m | $3.6m | |
| Invested Capital | — | — | — | $1.4b | $1.2b | $710.3m | $887.0m | |
| Investmentin Financial Assets | — | — | $0 | $140.2m | — | — | — | |
| Investments And Advances | — | — | $0 | $140.2m | — | — | — | |
| Leases | — | — | — | $6.6m | $434k | $693k | $388k | |
| Line Of Credit | — | — | — | $506.5m | $421.3m | $359.9m | $337.2m | |
| Long Term Capital Lease Obligation | — | — | — | $20.1m | $10.5m | $11.1m | $9.1m | |
| Machinery Furniture Equipment | — | — | — | $65.1m | $5.3m | $5.7m | $7.1m | |
| Net Debt | — | — | — | $557.0m | $912.3m | $711.9m | $760.0m | |
| Net PPE | — | — | — | $73.8m | $12.0m | $10.9m | $12.5m | |
| Net Tangible Assets | — | — | — | $316.3m | ($4.2m) | ($135.8m) | $104.2m | |
| Non Current Accounts Receivable | — | — | — | $140.2m | $336.2m | — | — | |
| Ordinary Shares Number | — | — | — | $1.7m | $1.8m | $1.8m | $5.2m | |
| Other Current Borrowings | — | — | — | $47.2m | $172.4m | — | — | |
| Other Current Liabilities | — | — | — | $16.4m | $228.1m | $4.0m | $124k | |
| Other Non Current Assets | — | — | — | $26.0m | $59.4m | $35.5m | $24.7m | |
| Other Non Current Liabilities | — | — | — | $18.2m | $42.5m | $324.2m | $28.2m | |
| Other Payable | — | — | — | $8.2m | $2.1m | $29k | $447k | |
| Other Properties | — | — | — | $35.0m | $11.1m | $10.4m | $6.5m | |
| Properties | — | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | $1.8m | $2.7m | $591k | — | — | |
| Restricted Cash | — | — | — | $73.1m | $73.2m | $49.0m | $55.9m | |
| Share Issued | — | — | — | $1.7m | $1.8m | $1.8m | $5.2m | |
| Tangible Book Value | — | — | — | $316.3m | ($4.2m) | ($135.8m) | $104.2m | |
| Working Capital | — | — | — | $516.8m | $612.8m | $546.6m | $543.0m | |
| Accrued Liabilities, Current | $38.5m | $59.4m | $121.5m | $76.8m | $52.5m | — | — | |
| Total Capitalization | — | — | — | $877.4m | $754.3m | $350.4m | $549.8m | |
| Total Debt | — | — | — | $985.8m | $1.1b | $752.3m | $779.5m | |
| Total Non Current Assets | — | — | — | $398.9m | $203.4m | $151.3m | $49.6m | |
| Total Tax Payable | — | — | $39.6m | $6.0m | $4.4m | — | — | |
| Assets | $563.4m | $1.7b | $2.4b | $1.6b | $1.5b | $1.1b | $955.7m | |
| Total assets | $563.4m | $1.7b | $2.4b | $1.6b | $1.5b | $1.1b | $937.4m | |
| LIABILITIES AND EQUITY | ||||||||
| Total liabilities and stockholders' equity (deficit) | $563.4m | $1.7b | $2.4b | $1.6b | $1.5b | $1.1b | $937.4m | |
| Current liabilities: | ||||||||
| Operating Lease, Liability, Current | — | $6.1m | $6.9m | $9.7m | $8.7m | — | — | |
| Accounts Payable, Current | $19.0m | $32.9m | $52.7m | $34.7m | $26.8m | — | — | |
| Long-term Debt, Current Maturities | — | — | — | $47.2m | $172.4m | — | — | |
| Operating Lease, Liability, Noncurrent | — | $12.1m | $9.6m | $20.1m | $25.2m | — | — | |
| Long-term Debt, Excluding Current Maturities | — | — | — | $402.2m | $454.2m | $381.4m | $366.0m | |
| Current Deferred Revenue | — | — | $75.8m | $10.7m | $14.0m | — | — | |
| Payables And Accrued Expenses | — | — | — | $80.6m | $9.9m | $4.9m | $7.6m | |
| Liabilities, Current | $259.8m | $482.7m | $827.3m | $703.3m | $856.8m | — | — | |
| Other Liabilities, Noncurrent | $3.1m | $2.2m | $4.1m | $18.2m | $17.1m | — | — | |
| Long-term debt (including securitization debt of consolidated VIEs of $393.2 million at fair value as of December 31, 2025 and $210.7 million at amortized cost, and $142.6 million at fair value as of December 31,2024) | — | — | — | — | $626.6m | $381.4m | $423.2m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | $422.3m | $637.0m | $392.4m | $442.3m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | $16.1m | $28.3m | $13.2m | — | — | |
| Deferred Tax Liabilities, Net | $248k | $4.2m | $11.4m | $48.2m | $39.4m | $34.6m | — | |
| Liabilities | $262.9m | $497.0m | $1.5b | $1.1b | $1.4b | $1.1b | $791.2m | |
| Total liabilities | $262.9m | $497.0m | $1.5b | $1.1b | $1.4b | $1.1b | $820.8m | |
| Stockholders’ equity: | ||||||||
| Common Stock, Value, Issued | $8k | $132k | $135k | $135k | $2k | $2k | $5k | |
| Retained Earnings (Accumulated Deficit) | ($573.9m) | ($777.9m) | ($1.1b) | ($1.6b) | ($2.0b) | ($2.1b) | ($53.0m) | |
| Additional Paid in Capital, Common Stock | — | $2.0b | $2.1b | $2.1b | $2.1b | $2.1b | $161.7m | |
| Common stock, $0.001 par value; 250,000,000 shares authorized as of December 31, 2025 and 500,000,000 shares authorized as of December 31, 2024; 5,199,641 and 1,822,532 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 8k | 132k | 135k | 135k | 2k | 2k | 5k | |
| Additional paid-in-capital | — | $2.0b | $2.1b | $2.1b | $2.1b | $2.1b | $169.7m | |
| Accumulated deficit | ($573.9m) | ($777.9m) | ($1.1b) | ($1.6b) | ($2.0b) | ($2.1b) | ($53.0m) | |
| Capital Stock | — | — | — | $2k | $2k | $2k | $5k | |
| Stockholders' Equity Attributable to Parent | ($573.9m) | $1.2b | $915.2m | $475.2m | $122.2m | ($30.9m) | $164.5m | |
| Total Equity Gross Minority Interest | — | — | — | $475.2m | $127.7m | ($30.9m) | $116.6m | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | $440.5m | $688.5m | $728.8m | $475.9m | |
| Total stockholders' equity (deficit) | ($573.9m) | $1.2b | $915.2m | $475.2m | $122.2m | ($30.9m) | $116.6m | |
| Liabilities and Equity | $563.4m | $1.7b | $2.4b | $1.6b | $1.5b | $1.1b | $955.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.