NASDAQ$VRM
Vroom Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Vroom's Q2 2020 performance was ahead of its growth plan, with e-commerce unit sales up 74%.
Vroom, Inc. reported financial results for the second quarter ended June 30, 2020. The company saw an increase in Ecommerce units sold, reaching 6,713, and a revenue of $253.1 million. However, the company experienced a net loss of $(63.2) million, or $(2.00) per share.
- Ecommerce unit sales increased by 74% to 6,713 units.
- Total revenue reached $253.1 million.
- Gross profit was reported at $7.6 million.
- Net loss amounted to $(63.2) million, with a net loss per share of $(2.00).
Headline financials
Revenue & EPS history
Vroom · Revenue · Quarterly
$253M
Revenue by segment
Vroom · $253M total across 3 segments · Q2 2020
- Ecommerce$176M+45.2%69.4%
- Wholesale$50.9M-6.6%20.1%
- TDA$26.6M-68.9%10.5%
Forward guidance
Vroom expects another quarter of significant year-over-year growth in ecommerce unit sales and revenue for Q3 2020 and improvement in total ecommerce gross profit per unit.
Tailwinds
- Ecommerce unit sales of 8,500-8,800
- Average total revenue per unit of $23,500
- Average gross profit per unit of $1,600-$1,700 for ecommerce
- TDA unit sales of 1,400-1,600
- Total revenue of $268 million -$290 million
Headwinds
- Average gross profit per unit of $1,000-$1,100 for TDA
- Wholesale unit sales of 3,500-4,500
- Average revenue per unit of $10,000 for wholesale
- Average gross profit per unit of $100-$200 for wholesale
- Net loss per share of $(0.42)-$(0.37)
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 3 quarterly earnings reports
-10.0%
Avg return
Earnings day
-5.7%
Avg return
5 days after
+7.1%
Avg return
30 days after
22%
5 / 23 earnings
Positive
+32.0%
Q4 2023
Best reaction
-47.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.5% | -10.2% | — | |
| Q3 2025 | +2.5% | -13.7% | +2.5% | |
| Q2 2025 | -5.0% | -3.9% | -1.7% | |
| Q1 2025 | -3.1% | -8.6% | -5.2% | |
| Q4 2024 | +0.5% | +8.3% | +32.6% | |
| Q3 2024 | -18.3% | — | — | |
| Q2 2024 | -26.1% | — | — | |
| Q1 2024 | -3.3% | — | — | |
| Q4 2023 | +32.0% | — | — | |
| Q3 2023 | -23.8% | — | — | |
| Q2 2023 | -30.8% | — | — | |
| Q1 2023 | -2.0% | — | — | |
| Q4 2022 | -1.0% | — | — | |
| Q3 2022 | +11.3% | — | — | |
| Q2 2022 | -31.5% | — | — | |
| Q1 2022 | -8.1% | — | — | |
| Q4 2021 | -47.6% | — | — | |
| Q3 2021 | +7.8% | — | — | |
| Q2 2021 | -21.1% | — | — | |
| Q1 2021 | -2.1% | — | — | |
| Q4 2020 | -34.0% | — | — | |
| Q3 2020 | -7.3% | — | — | |
| Q2 2020 | -13.0% | — | — | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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