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Side-by-side financial comparison of UL Solutions Inc. (ULS) and Vroom, Inc. (VRM). Click either name above to swap in a different company.
UL Solutions Inc. is the larger business by last-quarter revenue ($340.0M vs $235.9M, roughly 1.4× Vroom, Inc.). On growth, Vroom, Inc. posted the faster year-over-year revenue change (12.9% vs -12.4%). Over the past eight quarters, UL Solutions Inc.'s revenue compounded faster (-31.8% CAGR vs -49.5%).
The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.
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.
ULS vs VRM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2023
| Metric | | |
|---|---|---|
| Revenue | $340.0M | $235.9M |
| Net Profit | — | $-141.1M |
| Gross Margin | — | 12.3% |
| Operating Margin | 24.4% | -11.5% |
| Net Margin | — | -59.8% |
| Revenue YoY | -12.4% | 12.9% |
| Net Profit YoY | — | -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.
| Q1 26 | $340.0M | — | ||
| Q4 25 | $789.0M | — | ||
| Q3 25 | $783.0M | — | ||
| Q2 25 | $776.0M | — | ||
| Q1 25 | $705.0M | — | ||
| Q4 24 | $739.0M | — | ||
| Q3 24 | $731.0M | — | ||
| Q2 24 | $730.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $100.0M | — | ||
| Q2 25 | $91.0M | — | ||
| Q1 25 | $67.0M | — | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $88.0M | — | ||
| Q2 24 | $101.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 49.7% | — | ||
| Q3 25 | 50.3% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 47.4% | — | ||
| Q3 24 | 49.0% | — | ||
| Q2 24 | 50.1% | — |
| Q1 26 | 24.4% | — | ||
| Q4 25 | 15.0% | — | ||
| Q3 25 | 19.9% | — | ||
| Q2 25 | 17.9% | — | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 15.6% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 17.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 8.5% | — | ||
| Q3 25 | 12.8% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | 13.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | $0.33 | — | ||
| Q3 25 | $0.49 | — | ||
| Q2 25 | $0.45 | — | ||
| Q1 25 | $0.33 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.44 | — | ||
| Q2 24 | $0.50 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $135.6M |
| Total DebtLower is stronger | — | $454.2M |
| Stockholders' EquityBook value | — | $127.7M |
| Total Assets | — | $1.5B |
| Debt / EquityLower = less leverage | — | 3.56× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $295.0M | — | ||
| Q3 25 | $255.0M | — | ||
| Q2 25 | $272.0M | — | ||
| Q1 25 | $267.0M | — | ||
| Q4 24 | $298.0M | — | ||
| Q3 24 | $327.0M | — | ||
| Q2 24 | $295.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $491.0M | — | ||
| Q3 25 | $544.0M | — | ||
| Q2 25 | $608.0M | — | ||
| Q1 25 | $653.0M | — | ||
| Q4 24 | $742.0M | — | ||
| Q3 24 | $797.0M | — | ||
| Q2 24 | $810.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $970.0M | — | ||
| Q4 24 | $904.0M | — | ||
| Q3 24 | $872.0M | — | ||
| Q2 24 | $769.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.7B | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.39× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.82× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 1.05× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-108.1M |
| Free Cash FlowOCF − Capex | — | $-108.8M |
| FCF MarginFCF / Revenue | — | -46.1% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-536.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $144.0M | — | ||
| Q3 25 | $155.0M | — | ||
| Q2 25 | $147.0M | — | ||
| Q1 25 | $154.0M | — | ||
| Q4 24 | $130.0M | — | ||
| Q3 24 | $150.0M | — | ||
| Q2 24 | $103.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $86.0M | — | ||
| Q3 25 | $109.0M | — | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $103.0M | — | ||
| Q4 24 | $72.0M | — | ||
| Q3 24 | $84.0M | — | ||
| Q2 24 | $47.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | — | ||
| Q3 25 | 13.9% | — | ||
| Q2 25 | 13.5% | — | ||
| Q1 25 | 14.6% | — | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | 6.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | 7.2% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 9.0% | — | ||
| Q2 24 | 7.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.15× | — | ||
| Q3 25 | 1.55× | — | ||
| Q2 25 | 1.62× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.02× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
