---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-030755"
form_type: "8-K"
ticker: "VRM"
cik: "0001580864"
company_name: "Vroom, Inc."
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:16:30.966421+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vroom reports Q4 net loss $141.3M, ecommerce wind-down nearly complete

## Summary
- Cash $135.6M at Dec 31, 2023; ~$94M as of Feb 29, 2024 after winding down ecommerce.
- Q4 Ecommerce units sold 4,780 (+15% YoY); GPPU $4,742 vs $1,233 prior year.
- Net loss $141.3M (Q4), $365.5M (FY); Adj. EBITDA loss $91.6M (Q4), $277.2M (FY).
- Repurchased $41.4M (Q4) and $74.2M (FY) convertible notes for $23.3M and $36.5M respectively.
- Ecommerce wind-down expected substantially complete by end of Q1 2024; sold nearly all used vehicle inventory; repaid Ally Floorplan Facility.

## SEC filing metadata
- accession: 0000950170-24-030755
- form_type: 8-K
- ticker: VRM
- cik: 0001580864
- company_name: Vroom, Inc.
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030755/0000950170-24-030755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030755/vrm-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-030755
- JSON: https://secwatch.observer/filing/0000950170-24-030755.json
- Plain text: https://secwatch.observer/filing/0000950170-24-030755.txt

## Key facts
- Earnings Releases
  Vroom, Inc. reported fourth quarter and fiscal year ended December 31, 2023 results: net income $(141.3) million and $(365.5) million net loss for the fourth quarter and full year, respectively.
  - Period: fourth quarter and fiscal year ended December 31, 2023
  - Net income: $(141.3) million and $(365.5) million net loss for the fourth quarter and full year, respectively
  - Result: reported results
  source text: Vroom, Inc. (Nasdaq:VRM) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580864/000095017024030755/0000950170-24-030755-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.