Financial Statements — VRM
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.05 | 0.06 | 0.09 | 0.21 | 0.24 | 0.32 | 0.51 | 0.53 | 0.60 | 1.33 | 1.46 | 0.94 |
| Total Current Assets | -- | -- | -- | -- | -- | -- | -- | -- | 1.01 | 0.89 | 0.88 | 1.37 | 1.67 | 1.86 | 2.15 | 2.17 | 1.42 |
| Total Assets | 0.94 | 0.94 | 0.95 | 0.98 | 0.99 | 1.12 | 1.18 | 1.22 | 1.65 | 1.59 | 1.65 | 1.81 | 2.14 | 2.34 | 2.41 | 2.42 | 1.67 |
| Total Current Liabilities | -- | -- | -- | -- | -- | -- | -- | -- | 0.82 | 0.67 | 0.66 | 0.72 | 0.95 | 1.02 | 0.74 | 0.66 | 0.46 |
| Long-term Debt | 0.49 | 0.58 | 0.49 | 0.56 | 0.66 | 0.73 | 0.79 | 0.55 | 0.72 | 0.78 | 0.82 | 0.66 | 0.79 | 0.83 | -- | -- | -- |
| Total Liabilities | 0.82 | 0.82 | 0.82 | 0.83 | 0.83 | 1.12 | 1.14 | 1.16 | 1.39 | 1.25 | 1.25 | 1.36 | 1.65 | 1.73 | 1.37 | 1.28 | 0.47 |
| Retained Earnings | (0.07) | (0.07) | (0.04) | (0.01) | (0.01) | (2.09) | (2.05) | (2.03) | (1.82) | (1.74) | (1.68) | (1.63) | (1.57) | (1.46) | (1.02) | (0.92) | (0.86) |
| Total Stockholder Equity | 0.10 | 0.10 | 0.13 | 0.15 | 0.16 | 0.00 | 0.04 | 0.06 | 0.26 | 0.34 | 0.40 | 0.45 | 0.50 | 0.61 | 1.04 | 1.14 | 1.20 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 14.98 | 14.34 | 14.53 | 12.06 | 8.94 | 9.92 | 12.08 | 9.70 | 9.53 | 9.38 | 7.23 | 7.03 |
| Net Interest Income | 31.62 | 30.42 | 30.99 | 31.51 | 32.61 | 25.99 | 33.99 | 34.87 | 36.88 | 36.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Non-interest Income | 8.67 | 7.20 | 7.91 | 9.51 | 8.82 | 10.21 | 8.47 | 10.72 | 9.02 | (1.86) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Non-interest Expense | 29.10 | 31.79 | 27.03 | 24.82 | 30.80 | 31.40 | 41.18 | 44.86 | 46.44 | 48.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | 0.53 | (18.85) | (11.58) | (27.00) | (8.87) | (6.30) | (36.25) | (37.62) | (19.27) | (44.24) | (141.62) | (82.60) | (65.93) | (74.77) | 27.17 | (50.23) | (114.83) | (333.70) | (129.42) | (98.09) |
| Tax Provision | (0.02) | 0.19 | (0.06) | 0.14 | 0.06 | 0.15 | 0.46 | 0.12 | (0.17) | 0.44 | (0.30) | 0.26 | 0.39 | 0.27 | 2.40 | 0.90 | 0.26 | (23.24) | 0.38 | 0.03 |
| Net Income | 0.63 | (19.06) | (11.40) | (26.78) | (8.52) | (6.35) | (36.58) | (39.74) | (21.19) | (67.62) | (141.32) | (82.86) | (66.32) | (75.04) | 24.77 | (51.13) | (115.09) | (310.46) | (129.79) | (98.12) |
| Basic EPS | (0.01) | (3.77) | (2.21) | (5.15) | (1.65) | (1.23) | (19.63) | (21.99) | (11.77) | (37.68) | (208.09) | (0.59) | (0.48) | (0.54) | 0.18 | (0.37) | -- | -- | -- | -- |
| Diluted EPS | (0.01) | (3.77) | (2.21) | (5.15) | (1.65) | (1.23) | (19.63) | (21.99) | (11.77) | (37.68) | (208.09) | (0.59) | (0.48) | (0.54) | 0.18 | (0.37) | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 18.61 | 18.41 | 21.25 | 19.39 | 17.68 | 16.84 | (22.14) | (31.72) | (66.30) | 23.12 | (108.05) | (193.51) | (147.10) | (85.02) | (85.96) | 114.42 | (122.44) | (15.08) | (243.23) | (173.61) |
| Capital Expenditures | 1.30 | 1.54 | 1.67 | 2.20 | 3.19 | 1.47 | 1.38 | 1.19 | 0.28 | 0.64 | 3.25 | 3.03 | 3.33 | 5.19 | 4.27 | 3.92 | 8.95 | 7.10 | 9.63 | 9.84 |
| Free Cash Flow* | 17.31 | 16.87 | 19.58 | 17.19 | 14.49 | 15.37 | (23.52) | (32.90) | (66.58) | 22.48 | (111.30) | (196.54) | (150.43) | (90.21) | (90.23) | 110.50 | (131.39) | (22.17) | (252.86) | (183.45) |
| Investing Cash Flow | (26.42) | (29.05) | (24.01) | (17.87) | (18.59) | (47.70) | 24.61 | 31.12 | 35.78 | 41.07 | 35.71 | 42.75 | 47.88 | 46.82 | 17.06 | 45.30 | (14.61) | (211.96) | (9.63) | (9.57) |
| Financing Cash Flow | 9.40 | 18.04 | 1.63 | (1.25) | 0.51 | 36.99 | (22.26) | (12.83) | 1.61 | (132.51) | (7.92) | 135.61 | 14.75 | (45.10) | (63.05) | (242.14) | 25.90 | (190.20) | 71.51 | 78.61 |
* Derived from reported values
