Vroom VRM
NASDAQ VRM
$9.18 +0.06 (+0.66%)
At close: Aug 28, 2026 · 4:00 PM EDT

Vroom (VRM) Gross Margin (2019 - 2023)

Vroom (VRM) posted Gross Margin of 54.29% for Q4 2023, down 365.98% sequentially from 20.41% in Q3 2023, and up 81920.0% YoY from N/an in Q4 2022.

Analysis

Vroom (VRM) Gross Margin (2019 - 2023) Analysis & Trends

Vroom has reported Gross Margin for 5 years, with the latest figure at 54.29% in Q4 2023.

  • Quarterly Gross Margin rose 81920.0% year-over-year to 54.29% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 5.12% (down 16.0% YoY) and the FY2023 annual result came in at 0.54%, up 550.0% from the prior year.
  • Gross Margin eased to 54.29% in Q4 2023 per VRM's latest filing, from 20.41% in the prior quarter.
  • Over five years, Gross Margin peaked at 20.43% in Q2 2023 and troughed at 873.49% in Q4 2022.
  • A 5-year average of 41.71% and a median of 5.31% in 2019 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 87827 bps in 2022, then soared 81920 bps in 2023.
  • Over 5 years, Gross Margin stood at 4.59% in 2019, then rose by 8 bps to 4.95% in 2020, then fell by 3 bps to 4.78% in 2021, then slumped by 18359 bps to 873.49% in 2022, then soared by 94 bps to 54.29% in 2023.
  • According to Business Quant data, Gross Margin over the past three periods registered 54.29%, 20.41%, and 20.43% for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Visa 680.39 Bn 668.03 Bn - -
2 Mastercard 518.33 Bn 504.84 Bn - -
3 American Express 224.91 Bn 175.59 Bn 17.99 Bn 91.60%
4 Capital One Financial 132.31 Bn 77.60 Bn - -
5 PayPal Holdings 46.25 Bn 35.00 Bn - -
6 Affirm Holdings 26.22 Bn 24.59 Bn - -
7 Synchrony Financial 25.37 Bn 9.17 Bn - -
8 SoFi Technologies 23.30 Bn 20.18 Bn 1.02 Bn 83.58%
9 Ally Financial 12.85 Bn 5.01 Bn 2.08 Bn 90.90%
10 Vroom 48.05 Mn -86.03 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 -127.02%
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%