Vroom swings to Q2 FY26 net profit of $628,000; net interest income after losses and recoveries rises 59.9% to $20.96 million - VRM News | RalliesVroom swings to Q2 FY26 net profit of $628,000; net interest income after losses and recoveries rises 59.9% to $20.96 million
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VRM• Interest income and losses
- Interest income fell 4.7% to $43.61 million.
- Realized and unrealized losses, net of recoveries, dropped 45.3% to $10.66 million.
- Net interest income after losses rose 59.9% to $20.96 million.
Balance sheet and liquidity
- Stockholders’ equity was $99.8 million.
- Total available liquidity was $63.9 million following an exchange into a Senior Secured Delayed Draw Convertible Note due 2032.
Q2 FY26 results turn profitable
- Vroom posted net income of $0.6 million in Q2 2026, swinging from a net loss of $8.52 million a year earlier.
- Net loss attributable to controlling interest and common shareholders narrowed to $63,000 from in the prior-year quarter.
$8.52 million
Net income from continuing operations was $555,000 versus a loss of $8.93 million.•