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

Innovex International, Inc. is the larger business by last-quarter revenue ($273.6M vs $235.9M, roughly 1.2× Vroom, Inc.). Innovex International, Inc. runs the higher net margin — 5.1% vs -59.8%, a 64.9% gap on every dollar of revenue. On growth, Vroom, Inc. posted the faster year-over-year revenue change (12.9% vs 9.1%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs -49.5%).

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.

INVX vs VRM — Head-to-Head

Bigger by revenue
INVX
INVX
1.2× larger
INVX
$273.6M
$235.9M
VRM
Growing faster (revenue YoY)
VRM
VRM
+3.8% gap
VRM
12.9%
9.1%
INVX
Higher net margin
INVX
INVX
64.9% more per $
INVX
5.1%
-59.8%
VRM
Faster 2-yr revenue CAGR
INVX
INVX
Annualised
INVX
46.2%
-49.5%
VRM

Income Statement — Q4 FY2025 vs Q4 FY2023

Metric
INVX
INVX
VRM
VRM
Revenue
$273.6M
$235.9M
Net Profit
$14.0M
$-141.1M
Gross Margin
28.9%
12.3%
Operating Margin
9.4%
-11.5%
Net Margin
5.1%
-59.8%
Revenue YoY
9.1%
12.9%
Net Profit YoY
-56.1%
-669.8%
EPS (diluted)
$0.20
$-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
INVX
INVX
VRM
VRM
Q4 25
$273.6M
Q3 25
$240.0M
Q2 25
$224.2M
Q1 25
$240.4M
Q4 24
$250.7M
Q3 24
$151.8M
Q2 24
$130.3M
Q1 24
$128.0M
Net Profit
INVX
INVX
VRM
VRM
Q4 25
$14.0M
Q3 25
$39.2M
Q2 25
$15.3M
Q1 25
$14.8M
Q4 24
$31.8M
Q3 24
$82.6M
Q2 24
$9.5M
Q1 24
$16.4M
Gross Margin
INVX
INVX
VRM
VRM
Q4 25
28.9%
Q3 25
31.6%
Q2 25
32.0%
Q1 25
31.8%
Q4 24
33.9%
Q3 24
34.7%
Q2 24
35.3%
Q1 24
38.4%
Operating Margin
INVX
INVX
VRM
VRM
Q4 25
9.4%
Q3 25
26.0%
Q2 25
10.1%
Q1 25
9.1%
Q4 24
10.7%
Q3 24
-8.7%
Q2 24
10.0%
Q1 24
17.4%
Net Margin
INVX
INVX
VRM
VRM
Q4 25
5.1%
Q3 25
16.3%
Q2 25
6.8%
Q1 25
6.1%
Q4 24
12.7%
Q3 24
54.4%
Q2 24
7.3%
Q1 24
12.8%
EPS (diluted)
INVX
INVX
VRM
VRM
Q4 25
$0.20
Q3 25
$0.57
Q2 25
$0.22
Q1 25
$0.21
Q4 24
$-0.03
Q3 24
$1.99
Q2 24
$0.30
Q1 24
$0.51

Balance Sheet & Financial Strength

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

Metric
INVX
INVX
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$135.6M
Total DebtLower is stronger
$18.9M
$454.2M
Stockholders' EquityBook value
$1.1B
$127.7M
Total Assets
$1.3B
$1.5B
Debt / EquityLower = less leverage
0.02×
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INVX
INVX
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$185.6M
Q1 24
$202.2M
Total Debt
INVX
INVX
VRM
VRM
Q4 25
$18.9M
Q3 25
$20.1M
Q2 25
$34.8M
Q1 25
$19.7M
Q4 24
$24.9M
Q3 24
$12.4M
Q2 24
Q1 24
Stockholders' Equity
INVX
INVX
VRM
VRM
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$995.6M
Q1 25
$978.4M
Q4 24
$958.2M
Q3 24
$904.4M
Q2 24
$352.5M
Q1 24
$344.3M
Total Assets
INVX
INVX
VRM
VRM
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$1.0B
Debt / Equity
INVX
INVX
VRM
VRM
Q4 25
0.02×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.02×
Q4 24
0.03×
Q3 24
0.01×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
INVX
INVX
VRM
VRM
Operating Cash FlowLast quarter
$52.2M
$-108.1M
Free Cash FlowOCF − Capex
$-108.8M
FCF MarginFCF / Revenue
-46.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
3.74×
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INVX
INVX
VRM
VRM
Q4 25
$52.2M
Q3 25
$48.4M
Q2 25
$59.2M
Q1 25
$31.1M
Q4 24
$36.3M
Q3 24
$21.7M
Q2 24
$22.8M
Q1 24
$12.6M
Free Cash Flow
INVX
INVX
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$16.6M
Q1 24
$7.8M
FCF Margin
INVX
INVX
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
12.7%
Q1 24
6.1%
Capex Intensity
INVX
INVX
VRM
VRM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
4.7%
Q1 24
3.7%
Cash Conversion
INVX
INVX
VRM
VRM
Q4 25
3.74×
Q3 25
1.23×
Q2 25
3.86×
Q1 25
2.11×
Q4 24
1.14×
Q3 24
0.26×
Q2 24
2.39×
Q1 24
0.77×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INVX
INVX

Products$202.7M74%
Leasing$42.3M15%
Services$28.6M10%

VRM
VRM

Segment breakdown not available.

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