Vroom, Inc. ( (VRM) ) has released its Q2 earnings. Here is a breakdown of the information Vroom, Inc. presented to its investors.
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Vroom, Inc. is a company operating in the automotive sector, primarily through its subsidiary United Auto Credit Corporation (UACC), which serves as an indirect automotive lender, and CarStory, which provides AI-powered analytics and digital services for automotive retail. The company recently exited its ecommerce platform for buying and selling used vehicles.
In its second quarter of 2025, Vroom reported a net loss from continuing operations of $8.9 million, with an adjusted net loss of $6.7 million. The company highlighted a total available liquidity of $55.9 million, which includes cash, credit facilities, and a line of credit secured by residual certificates.
Key financial metrics showed a decrease in net interest income to $32.6 million from $36.9 million year-over-year, while total expenses were reduced significantly from $46.4 million to $30.8 million. The company also saw improvements in its adjusted net loss and a decrease in compensation and benefits expenses.
Despite the losses, Vroom’s management remains focused on operational execution and efficiency, with improvements noted in the performance of its loan portfolio at UACC. The company has also undergone fresh-start accounting following its emergence from a Chapter 11 case earlier in the year.
Looking forward, Vroom is committed to executing its long-term strategy, leveraging its strengthened liquidity position to navigate the challenges in the automotive lending and analytics sectors.