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Side-by-side financial comparison of Webull Corp (BULL) and Vroom, Inc. (VRM). Click either name above to swap in a different company.

Vroom, Inc. is the larger business by last-quarter revenue ($235.9M vs $131.5M, roughly 1.8× Webull Corp). Webull Corp runs the higher net margin — -21.5% vs -59.8%, a 38.3% gap on every dollar of revenue. On growth, Webull Corp posted the faster year-over-year revenue change (46.3% vs 12.9%). Webull Corp produced more free cash flow last quarter ($271.7M vs $-108.8M).

Webull Corporation, often stylized as simply Webull, is a US-based financial services holding company headquartered in St. Petersburg, Florida. It provides an electronic trading platform of the same name.

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

BULL vs VRM — Head-to-Head

Bigger by revenue
VRM
VRM
1.8× larger
VRM
$235.9M
$131.5M
BULL
Growing faster (revenue YoY)
BULL
BULL
+33.3% gap
BULL
46.3%
12.9%
VRM
Higher net margin
BULL
BULL
38.3% more per $
BULL
-21.5%
-59.8%
VRM
More free cash flow
BULL
BULL
$380.4M more FCF
BULL
$271.7M
$-108.8M
VRM

Income Statement — Q2 FY2025 vs Q4 FY2023

Metric
BULL
BULL
VRM
VRM
Revenue
$131.5M
$235.9M
Net Profit
$-28.3M
$-141.1M
Gross Margin
12.3%
Operating Margin
-16.3%
-11.5%
Net Margin
-21.5%
-59.8%
Revenue YoY
46.3%
12.9%
Net Profit YoY
-144.3%
-669.8%
EPS (diluted)
$-80.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BULL
BULL
VRM
VRM
Q2 25
$131.5M
Q2 24
$89.9M
Q4 23
$235.9M
Q3 23
$235.6M
Q2 23
$225.2M
Q1 23
$196.5M
Q4 22
$208.9M
Q3 22
$340.8M
Net Profit
BULL
BULL
VRM
VRM
Q2 25
$-28.3M
Q2 24
$-11.6M
Q4 23
$-141.1M
Q3 23
$-82.7M
Q2 23
$-66.0M
Q1 23
$-74.7M
Q4 22
$24.8M
Q3 22
$-51.1M
Gross Margin
BULL
BULL
VRM
VRM
Q2 25
Q2 24
Q4 23
12.3%
Q3 23
20.4%
Q2 23
20.4%
Q1 23
19.8%
Q4 22
14.1%
Q3 22
19.8%
Operating Margin
BULL
BULL
VRM
VRM
Q2 25
-16.3%
Q2 24
-11.4%
Q4 23
-11.5%
Q3 23
-18.0%
Q2 23
-23.4%
Q1 23
-34.7%
Q4 22
-37.2%
Q3 22
-22.9%
Net Margin
BULL
BULL
VRM
VRM
Q2 25
-21.5%
Q2 24
-12.9%
Q4 23
-59.8%
Q3 23
-35.1%
Q2 23
-29.3%
Q1 23
-38.0%
Q4 22
11.9%
Q3 22
-15.0%
EPS (diluted)
BULL
BULL
VRM
VRM
Q2 25
Q2 24
Q4 23
$-80.66
Q3 23
$-47.38
Q2 23
$-37.97
Q1 23
$-43.16
Q4 22
Q3 22
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BULL
BULL
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$476.7M
$135.6M
Total DebtLower is stronger
$454.2M
Stockholders' EquityBook value
$751.6M
$127.7M
Total Assets
$2.6B
$1.5B
Debt / EquityLower = less leverage
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BULL
BULL
VRM
VRM
Q2 25
$476.7M
Q2 24
Q4 23
$135.6M
Q3 23
$208.6M
Q2 23
$237.9M
Q1 23
$316.7M
Q4 22
$398.9M
Q3 22
$509.7M
Total Debt
BULL
BULL
VRM
VRM
Q2 25
Q2 24
Q4 23
$454.2M
Q3 23
$521.4M
Q2 23
$544.9M
Q1 23
$554.7M
Q4 22
$402.2M
Q3 22
$607.8M
Stockholders' Equity
BULL
BULL
VRM
VRM
Q2 25
$751.6M
Q2 24
$-2.9B
Q4 23
$127.7M
Q3 23
$263.6M
Q2 23
$343.4M
Q1 23
$407.1M
Q4 22
$479.8M
Q3 22
$445.1M
Total Assets
BULL
BULL
VRM
VRM
Q2 25
$2.6B
Q2 24
Q4 23
$1.5B
Q3 23
$1.6B
Q2 23
$1.6B
Q1 23
$1.7B
Q4 22
$1.6B
Q3 22
$1.8B
Debt / Equity
BULL
BULL
VRM
VRM
Q2 25
Q2 24
Q4 23
3.56×
Q3 23
1.98×
Q2 23
1.59×
Q1 23
1.36×
Q4 22
0.84×
Q3 22
1.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BULL
BULL
VRM
VRM
Operating Cash FlowLast quarter
$272.1M
$-108.1M
Free Cash FlowOCF − Capex
$271.7M
$-108.8M
FCF MarginFCF / Revenue
206.6%
-46.1%
Capex IntensityCapex / Revenue
0.3%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BULL
BULL
VRM
VRM
Q2 25
$272.1M
Q2 24
Q4 23
$-108.1M
Q3 23
$-193.5M
Q2 23
$-147.1M
Q1 23
$-85.0M
Q4 22
$-86.0M
Q3 22
$114.4M
Free Cash Flow
BULL
BULL
VRM
VRM
Q2 25
$271.7M
Q2 24
Q4 23
$-108.8M
Q3 23
$-194.2M
Q2 23
$-147.5M
Q1 23
$-85.8M
Q4 22
$-90.2M
Q3 22
$110.5M
FCF Margin
BULL
BULL
VRM
VRM
Q2 25
206.6%
Q2 24
Q4 23
-46.1%
Q3 23
-82.4%
Q2 23
-65.5%
Q1 23
-43.7%
Q4 22
-43.2%
Q3 22
32.4%
Capex Intensity
BULL
BULL
VRM
VRM
Q2 25
0.3%
Q2 24
Q4 23
0.3%
Q3 23
0.3%
Q2 23
0.2%
Q1 23
0.4%
Q4 22
2.0%
Q3 22
1.2%
Cash Conversion
BULL
BULL
VRM
VRM
Q2 25
Q2 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
-3.47×
Q3 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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