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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Visa 618.21 Bn 605.85 Bn - -
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 91.60%
4 Capital One Financial 136.19 Bn 81.48 Bn - -
5 PayPal Holdings 52.34 Bn 41.08 Bn - -
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - -
8 Affirm Holdings 25.93 Bn 24.20 Bn - -
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn -32.14%
10 Vroom 48.43 Mn -85.65 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -54.29%
Sep 30, 2023 20.41%
Jun 30, 2023 20.43%
Mar 31, 2023 -9.02%
Dec 31, 2022 -873.49%
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%