ACV Auctions Inc. (ACVA) Form 8-K — Aug 10, 2026
ACV Auctions reported record Q2 2026 revenue of $214 million, up 10% year over year, with Adjusted EBITDA of $21 million above the high end of guidance. The company reaffirmed full-year 2026 guidance of $845 million to $855 million in revenue and $73 million to $77 million in Adjusted EBITDA, despite a GAAP net loss of $8 million for the quarter. Alongside earnings, ACV announced that CFO Bill Zerella resigned effective August 10, 2026 to become CFO of another company, remaining in an advisory role through October 2, 2026. Tim Fox, VP of Investor Relations and Strategic Finance who joined ACV in 2021, was promoted to CFO effective August 11, 2026.
Key figures
- Revenue
- 213941000
- Guidance
- Q3 2026: revenue $219M-$225M (+10-13% YoY), Adjusted EBITDA $21M-$24M, GAAP net loss ($11)M-($7)M. FY2026 (reaffirmed): revenue $845M-$855M (+11-13% YoY), Adjusted EBITDA $73M-$77M, GAAP net loss ($49)M-($44)M
- Total Debt
- 205000000
- Revenue Yoy
- 10%
- Total Assets
- 1079359000
- Cash Position
- 242259000
- Fox Base Salary
- 399000
- Adjusted EBITDA
- 20765000
- Marketplace GMV
- $2.7 billion (approximately flat YoY)
- Marketplace Units
- 211472
- Non GAAPNet Income
- 10377000
- Fox Initial PSUGrant
- 450000
- Fox Initial RSUGrant
- 1050000
- Weighted Avg Shares Q2
- 171038000
- Zerella Transition Salary
- $125,000 prorated
- Share Repurchases Six Months
- 50196000
- Operating Cash Flow Six Months
- 41012000
- Marketplace And Service Revenue
- 189247000
- Operating Cash Flow Six Months Prior Year
- 80339000
Price after filing
Close on the filing date to close N calendar days later (from $7.46). Historical, not a forecast.
AI analysis
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