Vroom Announces Third Quarter 2026 Results
Globe Newswire•10/11/2026•16:05 ET
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Key Highlights
- ➤$460-$485 million updated full-year indirect origination volume guidance
- ➤$30-$35 million updated full-year adjusted net loss guidance
- ➤$9.8 million third-quarter net loss, improving $16.9 million year-over-year
- ➤$64.2 million total available liquidity at September 30, 2026
- ➤Vroom issued $20 million preferred stock units and completed $234.2 million securitization
Expert Statements
Tom Shortt, Chief Executive Officer of Vroom
“In the third quarter of 2026, adjusted net loss improved significantly year-over-year as we continue to see the benefits of our rebuilt internal customer scoring model, which was implemented in September 2025. We also continue to make significant investments in our Next-Generation Technology Platform and we are pleased with the rollout of our Next-Generation FastLane dealer portal.”
Jon Sandison, Chief Financial Officer of Vroom
“During the third quarter, we further strengthened our balance sheet by issuing preferred stock units in our subsidiary, Vroom Automotive, for aggregate gross proceeds of $20 million. We ended the quarter with total available liquidity of $64.2 million, and remain focused on disciplined expense management. On October 15, 2026, we completed our 19th securitization transaction, issuing approximately $234.2 million aggregate principal amount of fixed rate asset-backed securities.”
NEW YORK, Nov. 10, 2026 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq:VRM) today announced financial results for the third quarter ended September 30, 2026.
HIGHLIGHTS OF THIRD QUARTER 2026 * $91.1 million stockholders' equity as of September 30, 2026 and $80.2 million tangible book value((1)) as of September 30, 2026 * $64.2 million consolidated total available liquidity((2)) as of September 30, 2026, consisting of: * $33.0 million cash and cash equivalents * $4.2 million liquidity available to UACC under the warehouse credit facilities * $27.0 million available liquidity from delayed draw facility
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