VRMWW · As filed with the SEC
Vroom balance sheet, by fiscal year
The statement as Vroom presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 | FY2020 Dec 31, 2020 | FY2019 Dec 31, 2019 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Cash and cash equivalents | 10,384,000 | 29,343,000 | 135,585,000 | 398,915,000 | 1,132,325,000 | 1,056,213,000 | 217,734,000 |
| Restricted cash (including restricted cash of consolidated VIEs of $49.1 million and $24.7 million, respectively) | — | — | 73,234,000 | 73,095,000 | 82,450,000 | 33,826,000 | 1,853,000 |
| Accounts receivable, net of allowance of $11.2 million and $21.5 million, respectively | — | — | 9,139,000 | 13,967,000 | 105,433,000 | 60,576,000 | 30,848,000 |
| Finance receivables at fair value (including finance receivables of consolidated VIEs of $11.8 million and $11.5 million, respectively) | — | — | 12,501,000 | 12,939,000 | — | — | — |
| Restricted cash (including restricted cash of consolidated VIEs of $55.8 million and $48.1 million, respectively) | 55,914,000 | 49,026,000 | — | — | — | — | — |
| Finance receivables at fair value (including finance receivables of consolidated VIEs of $777.0 million and $467.3 million, respectively) | 808,636,000 | 503,848,000 | — | — | — | — | — |
| Finance receivables held for sale, net (including finance receivables of consolidated VIEs of $0.0 million and $310.0 million, respectively) | — | 318,192,000 | 503,546,000 | 321,626,000 | — | — | — |
| Inventory | — | — | 163,250,000 | 320,648,000 | 726,384,000 | 423,647,000 | 205,746,000 |
| Beneficial interests in securitizations | — | — | 4,485,000 | 20,592,000 | — | — | — |
| Prepaid expenses and other current assets (including other current assets of consolidated VIEs of $25.2 million and $11.7 million, respectively) | — | — | 50,899,000 | 58,327,000 | 55,700,000 | 23,617,000 | 9,149,000 |
| Total current assets | — | — | 952,639,000 | 1,220,109,000 | 2,102,292,000 | 1,597,879,000 | 465,330,000 |
| Finance receivables at fair value (including finance receivables of consolidated VIEs of $329.6 million and $119.6 million, respectively) | — | — | 336,169,000 | 140,235,000 | — | — | — |
| Interest receivable (including interest receivables of consolidated VIEs of $12.4 million and $13.3 million, respectively) | 12,834,000 | 14,067,000 | — | — | — | — | — |
| Property and equipment, net | 6,744,000 | 4,064,000 | 24,132,000 | 50,201,000 | 37,042,000 | 15,092,000 | 7,828,000 |
| Intangible assets, net | 12,370,000 | 104,869,000 | 131,892,000 | 158,910,000 | 28,207,000 | — | — |
| Goodwill | — | — | — | 0 | 158,817,000 | 78,172,000 | 78,172,000 |
| Operating lease right-of-use assets | 5,792,000 | 6,872,000 | 7,063,000 | 23,568,000 | 15,359,000 | 17,137,000 | — |
| Other assets (including other assets of consolidated VIEs of $1.8 million and $0 million, respectively) | — | — | 23,527,000 | 26,004,000 | 25,033,000 | 15,776,000 | 12,057,000 |
| Other assets (including other assets of consolidated VIEs of $9.8 million and $10.8 million, respectively) | 24,665,000 | 35,472,000 | — | — | — | — | — |
| Assets from discontinued operations | 46,000 | 943,000 | — | — | — | — | — |
| Total assets | 937,385,000 | 1,066,696,000 | 1,475,422,000 | 1,619,027,000 | 2,366,750,000 | 1,724,056,000 | 563,387,000 |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | |||||||
| Accounts payable | — | — | 26,762,000 | 34,702,000 | 52,651,000 | 32,925,000 | 18,987,000 |
| Accrued expenses (including accrued expenses of consolidated VIEs of $4.0 million and $1.5 million, respectively) | — | — | 52,452,000 | 76,795,000 | 121,508,000 | 59,405,000 | 38,491,000 |
| Vehicle floorplan | — | — | 151,178,000 | 276,988,000 | 512,801,000 | 329,231,000 | 173,461,000 |
| Warehouse credit facilities of consolidated VIEs | — | — | 421,268,000 | 229,518,000 | — | — | — |
| Current portion of long term debt (including current portion of securitization debt of consolidated VIEs at fair value of $163.5 million and $47.2 million, respectively) | — | — | 172,410,000 | 47,239,000 | — | — | — |
| Deferred revenue | — | — | 14,025,000 | 10,655,000 | 75,803,000 | 24,822,000 | 17,323,000 |
| Operating lease liabilities, current | — | — | 8,737,000 | 9,730,000 | 6,889,000 | 6,052,000 | — |
| Other current liabilities | — | — | 9,974,000 | 17,693,000 | 57,604,000 | 30,275,000 | 11,572,000 |
| Total current liabilities | — | — | 856,806,000 | 703,320,000 | 827,256,000 | 482,710,000 | 259,834,000 |
| Convertible senior notes | — | — | — | — | 610,618,000 | — | — |
| Long term debt, net of current portion (including securitization debt of consolidated VIEs of $150.6 million and $32.6 million at fair value, respectively) | — | — | 454,173,000 | 402,154,000 | — | — | — |
| Operating lease liabilities, excluding current portion | — | — | 25,183,000 | 20,129,000 | 9,592,000 | 12,093,000 | — |
| Other long-term liabilities (including other long-term liabilities of consolidated VIEs of $10.4 million and $7.4 million, respectively) | — | — | 17,109,000 | 18,183,000 | 4,090,000 | 2,151,000 | 3,073,000 |
| Warehouse credit facilities of consolidated VIEs | 318,655,000 | 359,912,000 | — | — | — | — | — |
| Related party line of credit (Note 20) | 18,500,000 | — | — | — | — | — | — |
| 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) | 423,197,000 | 381,366,000 | — | — | — | — | — |
| Related party note (Note 20) | 10,000,000 | — | — | — | — | — | — |
| Operating lease liabilities | 9,142,000 | 11,065,000 | — | — | — | — | — |
| Other liabilities (including other liabilities of consolidated VIEs of $15.7 million and $13.8 million, respectively) | 41,149,000 | 49,699,000 | — | — | — | — | — |
| Liabilities subject to compromise (Note 6) | — | 291,577,000 | — | — | — | — | — |
| Liabilities from discontinued operations | 124,000 | 4,022,000 | — | — | — | — | — |
| Total liabilities | 820,767,000 | 1,097,641,000 | 1,353,271,000 | 1,143,786,000 | 1,451,556,000 | 496,954,000 | 262,907,000 |
| Redeemable convertible preferred stock, $0.001 par value; 10,000,000 and 86,123,364 shares authorized as of December 31, 2020 and 2019, respectively; zero and 83,568,628 shares issued and outstanding as of December 31, 2020 and 2019, respectively | — | — | — | — | — | — | 874,332,000 |
| Stockholders' equity (deficit) | |||||||
| 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 | 5,000 | 2,000 | 2,000 | 135,000 | 135,000 | 132,000 | 8,000 |
| Additional paid-in-capital | 169,663,000 | 2,094,889,000 | 2,088,381,000 | 2,075,798,000 | 2,063,841,000 | 2,004,841,000 | — |
| Accumulated deficit | (53,050,000) | (2,125,836,000) | (1,966,232,000) | (1,600,692,000) | (1,148,782,000) | (777,871,000) | (573,860,000) |
| Total stockholders' equity (deficit) | 116,618,000 | (30,945,000) | 122,151,000 | 475,241,000 | 915,194,000 | 1,227,102,000 | (573,852,000) |
| Total liabilities and stockholders' equity (deficit) | 937,385,000 | 1,066,696,000 | 1,475,422,000 | 1,619,027,000 | 2,366,750,000 | 1,724,056,000 | 563,387,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.