ACV Auctions Inc. (ACVA)
ACV Auctions Inc. manages a sophisticated digital exchange where buyers and sellers converge for the online auctioning of wholesale vehicles. Beyond this core offering, the company delivers extensive data services that provide insights into the condition and market value of used automobiles, along with offering financial solutions for its customers. Founded in 2014, the enterprise is headquartered in Buffalo, New York.
Sector: Services-Business Services, NEC
Industry: Auto - Dealerships
ACV Auctions Inc.
NYSE:ACVAConsumer Cyclical · Auto - Dealerships
Mkt Cap$1.78B
Float162.03M
O/S169.81M
Inst Own93.0%
SI6.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$759.61M
Net Income-$66.14M
Total Assets$1.09B
Free Cash Flow$69.13M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$190M
Total Equity$429.68M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ACVA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.09B
Liabilities$655.93M
Accounts Receivable$377.71M
Accounts Payable$390.83M
Inventory$0
PP&E (Net)$12.85M
Goodwill$183.72M
Intangible Assets$81.02M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $759.61M | $637.16M | $481.23M | $421.53M | $358.44M | $208.36M | $106.85M | $35.54M |
| YoY Growth | 19.2% | 32.4% | 14.2% | 17.6% | 72.0% | 95.0% | 200.7% | - |
| Cost of Revenue | $288.12M | $248.21M | $244.45M | $236.65M | $204.75M | $113.05M | $82.78M | $21.79M |
| Gross Profit | $471.49M | $388.95M | $236.78M | $184.88M | $153.68M | $95.31M | $24.07M | $13.74M |
| Gross Margin | 62.1% | 61.0% | 49.2% | 43.9% | 42.9% | 45.7% | 22.5% | 38.7% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $234.99M | $217.44M | $165.27M | $143.64M | $121.17M | $64.88M | $62.44M | $49.87M |
| Other | $298.18M | $255.62M | $161.18M | $147.45M | $109.32M | $71.07M | $40.91M | $0 |
| Total Operating Expenses | $533.17M | $473.05M | $326.46M | $291.08M | $230.49M | $135.96M | $103.35M | $49.87M |
| Operating Income (EBIT) | -$61.69M | -$84.11M | -$89.68M | -$106.21M | -$76.81M | -$40.65M | -$79.28M | -$36.13M |
| Operating Margin | -8.1% | -13.2% | -18.6% | -25.2% | -21.4% | -19.5% | -74.2% | -101.7% |
| Interest Expense | $9.62M | $4.24M | $1.56M | $979K | $782K | $633K | $0 | $0 |
| Interest Income | $8.01M | $9.34M | $16.51M | $5.08M | $129K | $748K | $2.09M | $362K |
| Other Income (Expense) | -$3.12M | $5.09M | $14.94M | $4.1M | -$653K | $115K | $2.09M | $362K |
| Income Before Tax (EBT) | -$64.8M | -$79.01M | -$74.73M | -$102.11M | -$77.46M | -$40.53M | -$77.19M | -$35.76M |
| Income Tax Expense | $1.34M | $688K | $526K | $87K | $724K | $489K | $27K | $11K |
| Net Income | -$66.14M | -$79.7M | -$75.26M | -$102.19M | -$78.18M | -$41.02M | -$77.22M | -$35.77M |
| Net Income Margin | -8.7% | -12.5% | -15.6% | -24.2% | -21.8% | -19.7% | -72.3% | -100.7% |
| Supplementary Data | ||||||||
| EPS | -0.39 | -0.48 | -0.47 | -0.65 | -0.50 | -0.27 | -0.50 | -0.23 |
| Diluted EPS | -0.39 | -0.48 | -0.47 | -0.65 | -0.50 | -0.27 | -0.50 | -0.23 |
| Weighted Average OS | 170.58M | 164.85M | 159.95M | 156.99M | 156.08M | 154.15M | 154.15M | 154.15M |
| EBITDA | -$11.44M | -$37.96M | -$53.88M | -$89.75M | -$67.92M | -$32.66M | -$75.35M | -$35.49M |
| EBITDA Margin | -1.5% | -6.0% | -11.2% | -21.3% | -18.9% | -15.7% | -70.5% | -99.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $271.5M | $224.06M | $182.57M | $280.05M | $565.29M | $233.72M | $182.28M |
| Short-Term Investments | $0 | $46.04M | $228.76M | $215.93M | $13.78M | $0 | $0 |
| Cash and Short-Term Investments | $271.5M | $270.1M | $411.33M | $495.98M | $579.08M | $233.72M | $182.28M |
| Accounts Receivable | $377.71M | $307.81M | $283.04M | $246.78M | $267.03M | $112.64M | $83.28M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $24.3M | $15.28M | $12.52M | $12.02M | $11.31M | $8.04M | $2.65M |
| Total Current Assets | $673.5M | $593.2M | $706.9M | $754.77M | $857.41M | $354.4M | $268.2M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $12.85M | $7.63M | $4.92M | $5.71M | $4.92M | $6.91M | $5.41M |
| Goodwill | $183.72M | $180.48M | $103.38M | $91.75M | $78.84M | $21.82M | $16.07M |
| Intangible Assets | $81.02M | $90.82M | $89.96M | $56.28M | $35.97M | $19.27M | $12.77M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $134.51M | $112.03M | $17.77M | $6.4M | $5.82M | $2.15M | $2.08M |
| Total Long-Term Assets | $412.11M | $390.95M | $216.03M | $160.15M | $125.55M | $50.14M | $36.32M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $1K | $0 |
| Total Assets | $1.09B | $984.15M | $922.92M | $914.92M | $982.96M | $404.55M | $304.52M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $390.83M | $345.61M | $305.85M | $323.66M | $395.97M | $151.97M | $85.83M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $4.32M | $1.5M | $2.33M |
| Other Current Liabilities | $30.02M | $0 | $0 | -$1.17M | -$4.32M | $0 | $0 |
| Total Current Liabilities | $420.85M | $381.17M | $333.94M | $348.22M | $423.36M | $166.7M | $97.68M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $190M | $123M | $115M | $75.5M | $500K | $4.83M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $952K | $0 | $0 |
| Other Long-Term Liabilities | $45.08M | $39.98M | $17.45M | $5.48M | $0 | $371.39M | $311.49M |
| Total Long-Term Liabilities | $235.08M | $162.98M | $132.46M | $80.98M | $3.5M | $377.54M | $312.98M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $655.93M | $544.14M | $466.4M | $429.2M | $426.86M | $544.24M | $410.66M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $173K | $168K | $162K | $158K | $156K | $22K | $21K |
| Retained Earnings | -$568.46M | -$502.31M | -$422.62M | -$347.35M | -$245.16M | -$166.98M | -$125.96M |
| Comprehensive Income & Other | $1.34M | -$2.74M | -$1.53M | -$3.77M | -$40K | -$57K | -$1K |
| Other Stockholders' Equity | $997.97M | $942.15M | $878.98M | $832.92M | $801.1M | $27.27M | $19.8M |
| Total Equity | $429.68M | $440M | $456.53M | $485.72M | $556.1M | -$139.69M | -$106.14M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.09B | $984.15M | $922.92M | $914.92M | $982.96M | $404.55M | $304.52M |
| Supplementary Data | |||||||
| Total Debt | $190M | $123M | $115M | $76.67M | $3.85M | $6.9M | $1.95M |
| Net Debt | -$81.5M | -$101.06M | -$67.57M | -$203.38M | -$561.44M | -$226.82M | -$180.32M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | -$66.14M | -$79.7M | -$75.26M | -$102.19M | -$78.18M | -$41.02M | -$77.22M |
| Depreciation & Amortization | $43.74M | $36.81M | $19.29M | $11.38M | $8.75M | $7.24M | $1.84M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $56.86M | $68.01M | $49.65M | $39.32M | $23.22M | $5.71M | $998K |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$31.02M | $17.47M | $14.41M | $47.17M | -$120.16M | -$29.23M | -$51.95M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $46.82M | $16.17M | -$34.61M | -$73.09M | $242.86M | $66.22M | $46.41M |
| Other Working Capital | -$9.63M | -$4.08M | -$810K | -$8.76M | $3.18M | -$1.57M | $4.24M |
| Total Working Capital Change | $6.18M | $29.55M | -$21.02M | -$34.67M | $125.88M | $35.42M | -$1.3M |
| Other Non-Cash Items | $37.59M | $10.73M | $9.46M | $10.99M | $5.62M | $3.02M | $3.22M |
| Net Cash from Operating | $78.23M | $65.4M | -$17.89M | -$75.17M | $85.29M | $10.37M | -$72.46M |
| Investing Activities | |||||||
| Capital Expenditures | -$9.1M | -$4.54M | -$2.33M | -$3.21M | -$2.57M | -$3.5M | -$3.37M |
| Acquisitions | $0 | -$156.47M | -$29.62M | -$18.91M | -$64.5M | -$5.5M | -$14.84M |
| Purchases of Investments | -$28.92M | -$35.98M | -$146.03M | -$269.68M | -$13.78M | $0 | $0 |
| Sales of Investments | $75.32M | $218.75M | $138.13M | $66.99M | $0 | $0 | $0 |
| Other Investing Activities | -$111.35M | -$37.62M | -$71.11M | -$58.17M | -$48.42M | -$10.67M | -$6.47M |
| Net Cash from Investing | -$74.05M | -$15.86M | -$110.97M | -$282.98M | -$129.27M | -$19.67M | -$24.68M |
| Financing Activities | |||||||
| Debt Repaid | -$63.73M | -$8M | -$39.5M | -$75M | $6.97M | -$4.81M | - |
| Common Stock Issuance | $6.11M | $0 | $0 | $0 | $385.74M | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$16.02M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$26.87M | -$15.87M | $7.16M | -$2.07M | -$2.52M | $948K | -$674K |
| Net Cash from Financing | $42.97M | -$7.87M | $30.63M | $72.93M | $376.25M | $60.76M | $161.53M |
| Forex Effect | $277K | -$166K | $43K | -$21K | $0 | $0 | $0 |
| Net Change in Cash | $47.43M | $41.49M | -$98.18M | -$285.24M | $332.27M | $51.45M | $64.39M |
| Supplementary Data | |||||||
| Operating Cash Flow | $78.23M | $65.4M | -$17.89M | -$75.17M | $85.29M | $10.37M | -$72.46M |
| Capital Expenditure | -$9.1M | -$4.54M | -$28.17M | -$23.4M | -$14.03M | -$8.88M | -$6.59M |
| Free Cash Flow | $69.13M | $60.86M | -$46.05M | -$98.57M | $71.26M | $1.48M | -$79.05M |
| Cash at Beginning | $224.06M | $182.57M | $280.75M | $565.99M | $233.72M | $182.28M | $117.89M |
| Cash at End | $271.5M | $224.06M | $182.57M | $280.75M | $565.99M | $233.72M | $182.28M |