VRM on Nasdaq

vroom.com

Logo: Vroom.com, Public domain, via Wikimedia Commons4

American retailing company

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

2013Founded1

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  • TickerVRM on Nasdaq1
  • Industrye-commerce1
  • HeadquartersNew York City1
  • Websitewww.vroom.com
  • Incorporated inDE5
  • Business address4700 Mercantile Drive, Fort Worth, Tx 761375
  • Filer categoryNon-accelerated filer, Smaller reporting company5
  • Legal formCorporation

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Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

18.1%Gross margin7
0.0%Operating margin8
-40.8%Net margin9
-54.2%Revenue growth, 20237
-285.6%Return on equity10
3.56×Debt to equity7
-$536.3MFree cash flow9

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue82¢$731.3M
  • Other costs13¢$115.9M
  • Interest5¢$45.4M
  • Income tax0¢$642.0K

Out of $893.2M in revenue.789 The company lost money this year.

Financial statements

Revenue11127$893.2M in 2023−25% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $1.2B$1.2B20192020: $1.4B$1.4B2020+14%2021: $3.2B$3.2B2021+135%2022: $1.9B$1.9B2022−39%2023: $893.2M$893.2M2023−54%
Gross profit11127$161.9M in 2023+180% since 2019
0$100.0M$200.0M$300.0M2019: $57.9M$57.9M20192020: $71.5M$71.5M2020+24%2021: $202.1M$202.1M2021+182%2022: $244.8M$244.8M2022+21%2023: $161.9M$161.9M2023−34%
Operating income111278$0 in 2023−100% since 2019
-$600.0M-$400.0M-$200.0M02019: -$133.1M-$133.1M20192020: -$178.6M-$178.6M2020+34%2021: -$358.6M-$358.6M2021+101%2022: -$571.8M-$571.8M2022+59%2023: $0$02023−100%
Net income111289-$364.6M in 2023+155% since 2019
-$600.0M-$400.0M-$200.0M02019: -$143.0M-$143.0M20192020: -$202.8M-$202.8M2020+42%2021: -$370.9M-$370.9M2021+83%2022: -$450.5M-$450.5M2022+21%2023: -$364.6M-$364.6M2023−19%

Every line of the income statement as filed: the last 2 fiscal years, latest first.10

Period ending2025-12-312024-12-31
Interest income$171.7M$201.8M
Warehouse credit facility$17.6M$29.3M
Securitization debt$33.0M$30.1M
Total interest expense$50.5M$59.4M
Net interest income$121.1M$142.5M
Realized and unrealized losses, net of recoveries$97.3M$119.9M
Net interest income (loss) after losses and recoveries$23.8M$22.6M
Servicing income$4.7M$6.5M
Warranties and GAP income (loss), net$14.5M-$2.6M
CarStory revenue$6.9M$11.6M
Other income$10.4M$10.8M
Total noninterest income$36.4M$26.4M
Compensation and benefits$70.2M$97.3M
Professional fees$11.9M$12.0M
Software and IT costs$11.9M$15.1M
Depreciation and amortization$3.4M$29.1M
Interest expense on corporate debt$2.8M$5.8M
Impairment charges$4.2M$5.2M
Other expenses$9.8M$16.3M
Total expenses$114.0M$180.8M
Loss from continuing operations before reorganization items and provision for income taxes-$53.8M-$131.8M
Reorganization items, net-$5.6M
(Loss) income from continuing operations before provision for income taxes-$53.8M-$137.4M
Provision for income taxes from continuing operations$294.0K$856.0K
Net income (loss) from continuing operations-$54.0M-$138.2M
Net income (loss) from discontinued operations$996.0K-$26.9M
Net (loss) income-$53.0M-$165.1M
Net (loss) income per share attributable to common stockholders, continuing operations, basic-$10-$76
Net (loss) income per share attributable to common stockholders, Discontinued operations, basic$0-$15
Net (loss) income per share attributable to common stockholders, basic-$10.24-$91.07
Net (loss) income per share attributable to common stockholders, continuing operations, diluted-$10-$76
Net (loss) income per share attributable to common stockholders, Discontinued operations, diluted$0-$15
Net (loss) income per share attributable to common stockholders, diluted-$10.24-$91.07
Weighted-average number of shares outstanding used to compute net (loss) income per share attributable to common stockholders, basic5.2M shares1.8M shares
Weighted-average number of shares outstanding used to compute net (loss) income per share attributable to common stockholders, diluted5.2M shares1.8M shares

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The story

The company was founded in August 2013 by Kevin Westfall and Marshall Chesrown as AutoAmerica. In November 2014, Elie Wurtman and Allon Bloch joined as co-founders to transform the company into a technological platform and the company was renamed Vroom. It also has a refurbishment facility in Stafford, Texas and was included on Forbes’ list of the Hottest E-Commerce Startups of 2015. Vroom's current CEO is Tom Shortt. He succeeded Paul Hennessy, who was previously the CEO of Priceline.com.

In December 2015, the company acquired Texas Direct Auto, a Stafford-based company founded in 2002 that is now owned by Vroom but operated as a separate brand. The combined company was profitable and reached $900 million in revenue in 2015. In February 2018, Vroom closed operations in its Whitestown, Indiana, facility and laid off approximately 25% of its staff in the New York City and Stafford, Texas locations. In December 2018, Vroom closed a Series G financing round of $146 million led by AutoNation and began scaling its operations again.

On January 22, 2024, Vroom announced "that it is discontinuing its e-commerce operations and winding down its used vehicle dealership business in order to preserve liquidity and enable the Company to maximize stakeholder value through its remaining businesses." Vroom owns and operates United Auto Credit Corporation (UACC), a leading automotive finance company, and CarStory, a leader in AI-powered analytics and digital services for automotive retail. UACC and CarStory will continue to serve their third-party customers and focus on growing those businesses".

In November 2024, Vroom filed for Chapter 11 bankruptcy protection with plans to convert debt into equity backed by its lenders. The company blamed a decline in sales following a pandemic boom. Vroom exited bankruptcy protection on January 15, 2025.

From Wikipedia’s article on Vroom, Inc., shared under CC BY-SA 4.0.6

Leadership

Who has led vroom.com, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Thomas H. Shortt2022–now

Chief financial officer

  1. Robert R. Krakowiak2021–2024
  2. Jonathan Sandison2025
  3. Agnieszka Zakowicz2025–now

Chief operating officer

  1. Thomas H. Shortt2022
201520202025
Board members and other officers (26)

Products and brands

Rather than functioning as a peer-to-peer marketplace, Vroom was an e-commerce service that handled the entire transaction with no-haggle pricing. The company offered financing from more than 12 banks and delivered cars to customers nationwide. All cars that Vroom sold were reconditioned, and the company used proprietary RFID tracking and prioritization software to automate the refurbishment process. Vroom provided a seven-day money-back guarantee on purchases and a 90-day bumper-to-bumper warranty. Vroom also bought cars from customers, who could receive a cash voucher after submitting photos and information about the car online.

From Wikipedia’s article on Vroom, Inc., shared under CC BY-SA 4.0.6

Former names

  • AutoAmerica, Inc.Jul 5, 2013 to Nov 24, 20145

Timeline

  1. May 11, 2022New chief executive Thomas H. Shortt becomes CEO17
  2. 2013Founded Founded1

Filings

293 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 79 major events, 125 insider forms, 25 large holders, 2 private raises, 42 other. The latest 20:

  1. Oct 15, 20268-K EDGAR
  2. Oct 1, 2026SCHEDULE 13D/A EDGAR
  3. Sep 30, 20268-K EDGAR
  4. Aug 28, 20268-K EDGAR
  5. Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Aug 17, 20264 OWNERSHIP DOCUMENT EDGAR
  7. Aug 10, 20264 PRIMARY DOCUMENT EDGAR
  8. Aug 10, 20264 PRIMARY DOCUMENT EDGAR
  9. Aug 10, 20264 PRIMARY DOCUMENT EDGAR
  10. Aug 10, 20264 PRIMARY DOCUMENT EDGAR
  11. Aug 6, 2026S-8 REGISTRATION STATEMENT EDGAR
  12. Aug 4, 202610-Q EDGAR
  13. Aug 4, 20268-K EDGAR
  14. Jul 7, 20268-K EDGAR
  15. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  16. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  17. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  18. Jul 2, 20264 PRIMARY DOCUMENT EDGAR
  19. Jun 22, 2026DEF 14C INFORMATION STATEMENT EDGAR
  20. Jun 17, 20264 PRIMARY DOCUMENT EDGAR

The 293 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

49 open-market trades by officers, directors and large owners since October 2021: 16 buys and 33 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 15, 2026MYLOD ROBERT J JRDirectorSale15,595$7.22$112.6KForm 4
Jun 15, 2026Mudrick Distressed Opportunity Drawdown Fund II, L.P.DirectorBuy15,595$7.22$112.6KForm 4
Jun 15, 2026Mudrick Distressed Opportunity SIF Master Fund, L.P.DirectorBuy15,595$7.22$112.6KForm 4
May 8, 2026Corrales Anna-Lisa ChristinaCLO, CCO, SecretarySale35$12.20$427Form 4
Mar 20, 2026Benzaquen Jacob ShlomoPrincipal Accounting OfficerSale7$12.07$84Form 4
Mar 20, 2026Corrales Anna-Lisa ChristinaCLO, CCO, SecretarySale18$12.07$217Form 4
Sep 15, 2025Benzaquen Jacob ShlomoPrincipal Accounting OfficerSale3$26.07$78Form 4
Jun 11, 2025Mudrick Distressed Opportunity Drawdown Fund III, L.P.DirectorBuy3,649$28.00$102.2KForm 4
Jun 10, 2025Mudrick Distressed Opportunity Drawdown Fund III, L.P.DirectorBuy13$28.00$364Form 4
Jun 9, 2025Mudrick JasonDirectorBuy1,790$27.99$50.1KForm 4
Jun 6, 2025Mudrick JasonDirectorBuy1,781$27.99$49.9KForm 4
Jun 5, 2025Mudrick JasonDirectorBuy999$24.48$24.5KForm 4
Jun 4, 2025Mudrick Capital Management LLCDirectorBuy4,788$25.80$123.5KForm 4
Jun 3, 2025Mudrick Capital Management LLCDirectorBuy1,000$24.88$24.9KForm 4
Jun 2, 2025Mudrick Capital Management LLCDirectorBuy1,000$24.13$24.1KForm 4
May 28, 2025Benzaquen Jacob ShlomoPrincipal Accounting OfficerSale8$23.65$189Form 4
May 28, 2025Corrales Anna-Lisa ChristinaCLO, CCO, SecretarySale12$23.65$284Form 4
May 15, 2025Corrales Anna-Lisa ChristinaCLO, CCO, SecretarySale40$26.88$1.1KForm 4
May 15, 2025Sandison JonathanCFO, Vroom and UACCSale90$26.88$2.4KForm 4
May 15, 2025Zakowicz AgnieszkaChief Financial OfficerSale383$26.88$10.3KForm 4

All 49 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Nov 25, 2025Raised $5 million in a private offering of debt Form D: $10.5 million offered in all Form D
  2. Aug 29, 2025Raised $10 million in a private offering of debt Form D: 1 investor so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 36. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Mudrick Capital Management, L.P.3,982,846$30.7M6.8%+15,595
Silverback Asset Management LLC449,236$3.5M12.9%+11,300
Bank Of America Corp /de/250,236$1.9M0.0%+201
Miller Value Partners, LLC58,488$450.4K0.1%No change
Marshall Wace, Llp48,471$373.2K0.0%No change
Catterton Management Company, L.L.C.23,013$177.2K0.0%No change
Vanguard Capital Management LLC14,333$110.4K0.0%+869
Geode Capital Management, LLC13,762$106.0K0.0%−16,141
Nisa Investment Advisors, LLC9,441$72.7K0.0%−1
Vanguard Fiduciary Trust Co6,135$47.2K0.0%−490
Russell Investments Group, Ltd.5,202$40.1K0.0%−805
BlackRock, Inc.3,289$25.3K0.0%−38,664
Fmr LLC1,002$7.7K0.0%−1,567
Morgan Stanley542$4.2K0.0%+6
PNC Financial Services Group, Inc.462$3.6K0.0%New
Royal Bank Of Canada422$3.0K0.0%+141
Arax Advisory Partners234$1.8K0.0%+224
GAMMA Investing LLC184$1.4K0.0%+155
Integrated Wealth Concepts LLC102$7880.0%New
UBS Group AG78$6010.0%−1,468
Barclays PLC51$3930.0%−215
Farther Finance Advisors, LLC32$2460.0%+31
Bnp Paribas Financial Markets29$2230.0%−230
Jpmorgan Chase & Co24$1900.0%−436
Osaic Holdings, Inc.15$1140.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

9 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Dec 16, 2021Bill HagertyRepublican, SenateSale$1,001 - $15,000Report
Mar 1, 2021Marie Newman, HouseSale$1,001 - $15,000Report
Feb 19, 2021Marie Newman, HouseBuy$1,001 - $15,000Report
Feb 9, 2021Marie Newman, HouseBuy$1,001 - $15,000Report
Feb 9, 2021Marie Newman, HouseSale$1,001 - $15,000Report
Feb 4, 2021Marie Newman, HouseSale$1,001 - $15,000Report
Feb 1, 2021Marie Newman, HouseBuy$1,001 - $15,000Report
Feb 1, 2021Marie Newman, HouseBuy$1,001 - $15,000Report
Jan 8, 2021Bill HagertyRepublican, SenateBuy$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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