Vroom, Inc. (VRM) Gross Margin (2019 - 2023)
Vroom's Gross Margin came in at 12.31% for Q4 2023, down 1.76 percentage points from 14.07% a year earlier and down 8.10 percentage points from the prior quarter.
Analysis
Vroom, Inc. (VRM) Gross Margin (2019 - 2023) Analysis & Trends
For FY2023, Vroom's Gross Margin was 18.13%, up 5.57 percentage points from FY2022.
- Gross Margin has increased in each of the last four years, with a five-year change of +11.02 percentage points (FY2018 to FY2023).
- Going back by year, Gross Margin was 12.56% in FY2022 (+6.21 pp), 6.35% in FY2021 (+1.08 pp), 5.27% in FY2020 (+0.41 pp) and 4.85% in FY2019 (-2.25 pp).
- The Q4 2023 figure represents the lowest quarterly Gross Margin since Q1 2022.
- Year-over-year, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +5.90 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2022 (a gain of 13.28 percentage points), and the weakest in Q2 2020 (a drop of 2.30 percentage points).
- Business Quant data shows VRM's Gross Margin at 20.41% (Q3 2023), 20.43% (Q2 2023) and 19.75% (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 12.31% |
| Sep 30, 2023 | 20.41% |
| Jun 30, 2023 | 20.43% |
| Mar 31, 2023 | 19.75% |
| Dec 31, 2022 | 14.07% |
| Sep 30, 2022 | 19.76% |
| Jun 30, 2022 | 13.96% |
| Mar 31, 2022 | 8.84% |
| Dec 31, 2021 | 4.78% |
| Sep 30, 2021 | 6.48% |
| Jun 30, 2021 | 8.29% |
| Mar 31, 2021 | 6.12% |
| Dec 31, 2020 | 4.95% |
| Sep 30, 2020 | 7.88% |
| Jun 30, 2020 | 3.01% |
| Mar 31, 2020 | 4.89% |
| Dec 31, 2019 | 4.59% |
| Sep 30, 2019 | 4.61% |
| Jun 30, 2019 | 5.31% |
API Access
Vroom, Inc. Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();