OverviewSuggest Edit

Vroom is an online pre-owned car retailer. It provides a data-driven technology e-commerce platform to buy and sell used vehicles bringing all phases of the buying and selling process to consumers. Through its e-commerce platform, the company offers low-mileage, reconditioned vehicles with delivery directly to consumers. It also arranges to finance through lenders and offers a warranty, insurance, and other value-added products.

TypePublic
Founded2013
HQNew York, NY, US
Websitevroom.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Mar 2020)800
Job Openings100
Revenue (FY, 2020)$1.4 B
Share Price (Jun 2021)$43.5
Cybersecurity ratingCMore

Key People/Management at Vroom

Scott A. Dahnke

Scott A. Dahnke

Director
Dan Baker

Dan Baker

General Manager, Texas Direct Auto
Michael Farello

Michael Farello

Director
Paul J. Hennessy

Paul J. Hennessy

Chief Executive Officer, Director
Dave Jones

Dave Jones

Chief Financial Officer
Laura W. Lang

Laura W. Lang

Director
Show more

Vroom Office Locations

Vroom has offices in New York and Stafford
New York, NY, US (HQ)
1375 Broadway
Stafford, TX, US
12053 Southwest Fwy
Show all (2)

Vroom Financials and Metrics

Vroom Revenue

Vroom's revenue was reported to be $1.36 b in FY, 2020
USD

Revenue (Q1, 2021)

591.1m

Gross profit (Q1, 2021)

36.2m

Gross profit margin (Q1, 2021), %

6.1%

Net income (Q1, 2021)

(77.2m)

EBIT (Q1, 2021)

(75.5m)

Market capitalization (4-Jun-2021)

5.9b

Closing stock price (4-Jun-2021)

43.5

Cash (31-Mar-2021)

940.3m

EV

5.3b
Vroom's current market capitalization is $5.9 b.
Annual
USDFY, 2020

Revenue

1.4b

Cost of goods sold

1.3b

Gross profit

71.5m

Gross profit Margin, %

5%
Quarterly
USDQ2, 2020Q3, 2020Q1, 2021

Revenue

253.1m323.0m591.1m

Cost of goods sold

245.5m297.6m554.9m

Gross profit

7.6m25.4m36.2m

Gross profit Margin, %

3%8%6%
Annual
USDFY, 2020

Cash

1.1b

Accounts Receivable

60.6m

Prepaid Expenses

23.6m

Inventories

423.6m
Quarterly
USDQ2, 2020Q3, 2020Q1, 2021

Cash

651.0m1.2b940.3m

Accounts Receivable

15.3m33.8m93.2m

Prepaid Expenses

17.8m16.3m24.7m

Inventories

141.1m299.4m337.7m
Annual
USDFY, 2020

Net Income

(202.8m)

Depreciation and Amortization

4.7m

Inventories

(224.5m)

Accounts Payable

14.1m
Quarterly
USDQ2, 2020Q3, 2020Q1, 2021

Net Income

(104.3m)(142.1m)(77.2m)

Depreciation and Amortization

2.1m3.3m2.9m

Inventories

66.2m(96.6m)88.5m

Accounts Payable

919.0k10.5m9.6m
USDQ2, 2020

EV/EBIT

-132.5 x

EV/CFO

1.4 m x

Revenue/Employee

606.5k

Financial Leverage

1.3 x
Show all financial metrics

Vroom Operating Metrics

Mar, 2018Sep, 2018Dec, 2018

Cars Sold

250 k250 k

Cars for Sale

2.41 k3 k3.2 k
Show all operating metrics

Vroom Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Vroom Online and Social Media Presence

Embed Graph

Vroom Company Culture

  • Overall Culture

    A+

    89/100

  • CEO Rating

    C+

    70/100

  • Compensation

    A+

    97/100

Learn more on Comparably

Vroom News and Updates

Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Dallas Locals

Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their Driveways Car Buyers Within 70-Mile Radius Receive More Personalized Service, Direct to Their Driveways

Final Deadline Alert for Shareholders with Losses Exceeding $250K to Actively Participate in Class Action Against Vroom, Inc. (VRM) - Bronstein, Gewirtz & Grossman, LLC

NEW YORK, May 21, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Vroom, Inc. ("Vroom" or "the Company") (NASDAQ: VRM) and certain of its officers, on behalf of shareholders who purchased or…

Thinking about trading options or stock in Vroom, Boeing, Exxon Mobil, Domino's Pizza, or Centene Corp?

NEW YORK, May 13, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VRM, BA, XOM, DPZ, and CNC. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options...

Stocks making the biggest moves after the bell: Bumble, Sonos, Vroom & more

These stocks posted the largest moves after the bell on Wednesday, May 12.

VROOM DEADLINE ALERT: Faruqi & Faruqi LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Vroom, Inc. To Contact Him Directly To Discuss Their Options

NEW YORK, May 11, 2021 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vroom, Inc. (“Vroom” or the “Company”) (NASDAQ:VRM) and reminds investors of the May 21, 2021 deadline to seek the role of lead plaintiff in a fede…

Vroom, Inc. Technology Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm

Investors with losses are encouraged to contact the firm before May 21, 2021; click here to submit trade information
Show more

Vroom Frequently Asked Questions

  • When was Vroom founded?

    Vroom was founded in 2013.

  • Who are Vroom key executives?

    Vroom's key executives are Scott A. Dahnke, Dan Baker and Michael Farello.

  • How many employees does Vroom have?

    Vroom has 800 employees.

  • What is Vroom revenue?

    Latest Vroom annual revenue is $1.4 b.

  • What is Vroom revenue per employee?

    Latest Vroom revenue per employee is $1.7 m.

  • Who are Vroom competitors?

    Competitors of Vroom include Hertz Car Sales, Carvana and AutoNation.

  • Where is Vroom headquarters?

    Vroom headquarters is located at 1375 Broadway, New York.

  • Where are Vroom offices?

    Vroom has offices in New York and Stafford.

  • How many offices does Vroom have?

    Vroom has 2 offices.