Vroom cuts adjusted net loss 57% to $49.2M, boosts liquidity to $48.7M
Vroom reported a 57% reduction in full-year 2025 adjusted net loss to $49.2 million from $115 million in 2024, improving by $66 million year over year. As of December 31, the company held $48.7 million in total available liquidity including $10.4 million cash, $11.3 million of warehouse credit access and $27.0 million from a delayed draw facility.
1. Vroom's Full-Year 2025 Financial Performance
Vroom narrowed its full-year 2025 adjusted net loss to $49.2 million from $115 million in 2024, a year-over-year improvement of $66 million driven by reduced operating expenses and enhanced strategic investments in technology.
2. Fourth-Quarter Losses Narrow
In Q4 2025, net loss from continuing operations fell to $11.5 million versus $36.7 million a year earlier, while adjusted net loss improved to $10.1 million, reflecting lower compensation costs and depreciation expenses.
3. Strengthened Liquidity Position
As of December 31, 2025, total available liquidity reached $48.7 million, comprising $10.4 million in cash and cash equivalents, $11.3 million of warehouse credit availability and $27.0 million under a delayed draw facility.
4. Impact of Fresh-Start Accounting
Following emergence from Prepackaged Chapter 11 on January 14, 2025, Vroom adopted fresh-start accounting, recording assets and liabilities at fair value, which limits direct comparability between 2025 combined results and 2024 GAAP figures.