NYSE : ACVA
ACV Auctions Inc. — Financial statements
Consumer Discretionary · Auto & Truck Dealerships · United States
Last price 10.5 USD (At close: Oct 15, 2026) · Market cap 1.78B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
ACV Auctions Inc. (ACVA) reported revenue of 801.34M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 801.34M | 759.61M | 637.16M | 481.23M | 421.53M | 358.44M |
| Cost of Revenue | 586.52M | 551.68M | 467.14M | 385.41M | 373.18M | 305.81M |
| Gross Profit | 214.81M | 207.92M | 170.01M | 95.82M | 48.35M | 52.63M |
| Selling, General & Admin | 214.31M | 214.78M | 211.92M | 166.51M | 143.64M | 121.17M |
| Operating Expenses | 260.55M | 258.50M | 248.60M | 185.50M | 154.56M | 129.43M |
| Operating Income | -45.74M | -50.58M | -78.59M | -89.68M | -106.21M | -76.81M |
| Interest Expense | -11.46M | -9.62M | -4.24M | -1.56M | -979.00K | -782.00K |
| Interest & Investment Income | 7.25M | 8.01M | 9.34M | 16.51M | 5.08M | 129.00K |
| EBT Excluding Unusual Items | -49.95M | -52.19M | -73.49M | -74.73M | -102.11M | -77.46M |
| Merger & Restructuring Charges | -403.00K | -3.97M | ||||
| Legal Settlements | 7.60M | 6.50M | -1.55M | |||
| Other Unusual Items | -18.71M | -18.71M | ||||
| Pretax Income | -61.06M | -64.80M | -79.01M | -74.73M | -102.11M | -77.46M |
| Income Tax Expense | 2.08M | 1.34M | 688.00K | 526.00K | 87.00K | 724.00K |
| Net Income | -63.15M | -66.14M | -79.70M | -75.26M | -102.19M | -78.18M |
| Net Income to Common | -63.15M | -66.14M | -79.70M | -75.26M | -102.19M | -78.18M |
| Shares Outstanding (Basic) | 171.97M | 170.58M | 164.85M | 159.95M | 156.99M | 125.33M |
| Shares Outstanding (Diluted) | 171.97M | 170.58M | 164.85M | 159.95M | 156.99M | 125.33M |
| EPS (Basic) | -0.37 | -0.39 | -0.48 | -0.47 | -0.65 | -0.62 |
| EPS (Diluted) | -0.37 | -0.39 | -0.48 | -0.47 | -0.65 | -0.62 |
| Free Cash Flow | 29.11M | 69.13M | 60.86M | -20.21M | -78.39M | 82.72M |
| Free Cash Flow Per Share | 0.17 | 0.41 | 0.37 | -0.13 | -0.50 | 0.66 |
| Gross Margin | 26.81% | 27.37% | 26.68% | 19.91% | 11.47% | 14.68% |
| Operating Margin | -5.71% | -6.66% | -12.33% | -18.63% | -25.20% | -21.43% |
| Profit Margin | -7.88% | -8.71% | -12.51% | -15.64% | -24.24% | -21.81% |
| Free Cash Flow Margin | 3.63% | 9.10% | 9.55% | -4.20% | -18.60% | 23.08% |
| EBITDA | -28.75M | -36.03M | -63.28M | -80.49M | -98.43M | -70.05M |
| EBITDA Margin | -3.59% | -4.74% | -9.93% | -16.73% | -23.35% | -19.54% |
| D&A For EBITDA | 16.98M | 14.54M | 15.31M | 9.19M | 7.78M | 6.75M |
| EBIT | -45.74M | -50.58M | -78.59M | -89.68M | -106.21M | -76.81M |
| EBIT Margin | -5.71% | -6.66% | -12.33% | -18.63% | -25.20% | -21.43% |
| Revenue as Reported | 801.34M | 759.61M | 637.16M | 481.23M | 421.53M | 358.44M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 242.26M | 271.50M | 224.06M | 182.57M | 280.75M | 565.99M |
| Short-Term Investments | 46.04M | 228.76M | 215.93M | 13.78M | ||
| Cash & Short-Term Investments | 242.26M | 271.50M | 270.10M | 411.33M | 496.68M | 579.78M |
| Receivables | 407.96M | 377.71M | 307.81M | 283.04M | 246.78M | 267.03M |
| Other Current Assets | 19.75M | 24.30M | 15.28M | 12.52M | 11.32M | 10.61M |
| Total Current Assets | 669.97M | 673.50M | 593.20M | 706.90M | 754.77M | 857.41M |
| Property, Plant & Equipment | 14.36M | 59.26M | 48.98M | 21.78M | 10.12M | 8.18M |
| Goodwill | 182.88M | 183.72M | 180.48M | 103.38M | 91.75M | 78.84M |
| Other Intangible Assets | 162.72M | 162.99M | 159.39M | 89.96M | 56.28M | 35.97M |
| Other Long-Term Assets | 49.43M | 6.14M | 2.11M | 907.00K | 1.99M | 2.55M |
| Total Assets | 1.08B | 1.09B | 984.15M | 922.92M | 914.92M | 982.96M |
| Accounts Payable | 410.11M | 390.83M | 345.61M | 305.85M | 323.66M | 395.97M |
| Accrued Expenses | 16.51M | 17.09M | 25.87M | 20.45M | 18.19M | 25.08M |
| Current Portion of Leases | 5.50M | 5.23M | 3.79M | 1.65M | 1.17M | 1.31M |
| Current Unearned Revenue | 7.30M | 5.60M | 4.50M | 4.20M | 3.80M | |
| Other Current Liabilities | 2.20M | 2.10M | 1.40M | 1.80M | 1.40M | 1.00M |
| Total Current Liabilities | 441.62M | 420.85M | 381.17M | 333.94M | 348.22M | 423.36M |
| Long-Term Debt | 205.00M | 190.00M | 123.00M | 115.00M | 75.50M | 500.00K |
| Long-Term Leases | 39.20M | 41.77M | 37.30M | 15.03M | 3.41M | 2.05M |
| Other Long-Term Liabilities | 3.65M | 3.31M | 2.68M | 2.42M | 2.07M | 952.00K |
| Total Liabilities | 689.47M | 655.93M | 544.14M | 466.40M | 429.20M | 426.86M |
| Common Stock | 169.00K | 173.00K | 168.00K | 162.00K | 158.00K | 156.00K |
| Additional Paid-In Capital | 977.36M | 996.63M | 944.89M | 880.51M | 836.70M | 801.14M |
| Retained Earnings | -587.58M | -568.46M | -502.31M | -422.62M | -347.35M | -245.16M |
| Comprehensive Income & Other | -63.00K | 1.34M | -2.74M | -1.53M | -3.77M | -40.00K |
| Total Common Equity | 389.89M | 429.68M | 440.00M | 456.53M | 485.72M | 556.10M |
| Shareholders' Equity | 389.89M | 429.68M | 440.00M | 456.53M | 485.72M | 556.10M |
| Total Liabilities & Equity | 1.08B | 1.09B | 984.15M | 922.92M | 914.92M | 982.96M |
| Total Debt | 249.70M | 237.00M | 164.09M | 131.68M | 80.08M | 3.85M |
| Net Cash (Debt) | -7.44M | 34.49M | 106.02M | 279.65M | 416.60M | 575.92M |
| Net Cash Per Share | -0.04 | 0.20 | 0.64 | 1.75 | 2.65 | 4.60 |
| Filing Date Shares Outstanding | 169.81M | 174.07M | 168.77M | 163.89M | 158.80M | 156.27M |
| Total Common Shares Outstanding | 169.12M | 173.18M | 168.03M | 161.84M | 158.46M | 156.08M |
| Working Capital | 228.35M | 252.65M | 212.03M | 372.96M | 406.56M | 434.05M |
| Book Value Per Share | 2.31 | 2.48 | 2.62 | 2.82 | 3.07 | 3.56 |
| Tangible Book Value | 44.29M | 82.97M | 100.14M | 263.19M | 337.69M | 441.28M |
| Tangible Book Value Per Share | 0.26 | 0.48 | 0.60 | 1.63 | 2.13 | 2.83 |
| Machinery | 14.62M | 11.24M | 8.70M | 12.07M | 8.93M | |
| Leasehold Improvements | 4.83M | 1.61M | 682.00K | 622.00K | 622.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -63.15M | -66.14M | -79.70M | -75.26M | -102.19M | -78.18M |
| Depreciation & Amortization | 16.98M | 14.54M | 15.31M | 9.19M | 7.78M | 6.75M |
| Other Amortization | 29.20M | 29.20M | 21.50M | 10.10M | 3.60M | 2.00M |
| Stock-Based Compensation | 53.11M | 56.86M | 68.01M | 49.65M | 39.32M | 23.22M |
| Provision & Write-off of Bad Debts | 39.81M | 34.05M | 9.99M | 10.92M | 11.05M | 4.96M |
| Other Operating Activities | 2.88M | 3.54M | 741.00K | -1.46M | -57.00K | 656.00K |
| Change in Accounts Receivable | -12.54M | -31.02M | 17.47M | 14.41M | 47.17M | -120.16M |
| Change in Accounts Payable | -24.68M | 46.82M | 16.17M | -34.61M | -73.09M | 242.86M |
| Change in Other Net Operating Assets | -2.71M | -9.62M | -4.08M | -810.00K | -8.76M | 3.18M |
| Operating Cash Flow | 38.91M | 78.23M | 65.40M | -17.89M | -75.17M | 85.29M |
| Capital Expenditures | -9.79M | -9.10M | -4.54M | -2.33M | -3.21M | -2.57M |
| Cash Acquisitions | -156.47M | -29.62M | -18.91M | -64.50M | ||
| Sale (Purchase) of Intangibles | -36.11M | -35.55M | -29.70M | -25.84M | -20.18M | -11.46M |
| Sale (Purchase) of Real Estate | 14.08M | |||||
| Investment in Securities | 46.35M | 46.40M | 182.78M | -7.91M | -202.69M | -13.78M |
| Investing Cash Flow | -14.34M | -74.05M | -15.86M | -110.97M | -282.98M | -129.27M |
| Long-Term Debt Issued | 423.50M | 491.50M | 420.00M | 275.00M | 5.25M | |
| Long-Term Debt Repaid | -356.50M | -483.50M | -380.50M | -200.00M | -12.22M | |
| Net Debt Issued (Repaid) | 18.50M | 67.00M | 8.00M | 39.50M | 75.00M | -6.97M |
| Issuance of Common Stock | 6.35M | 6.11M | 13.35M | 7.33M | 3.39M | 387.37M |
| Repurchase of Common Stock | -63.62M | -26.87M | -27.13M | -16.02M | -5.46M | -2.77M |
| Other Financing Activities | -1.73M | -3.27M | -2.09M | -169.00K | -1.39M | |
| Financing Cash Flow | -40.50M | 42.97M | -7.87M | 30.63M | 72.93M | 376.25M |
| Foreign Exchange Rate Adjustments | -169.00K | 277.00K | -166.00K | 43.00K | -21.00K | |
| Net Cash Flow | -16.11M | 47.43M | 41.49M | -98.18M | -285.24M | 332.27M |
| Free Cash Flow | 29.11M | 69.13M | 60.86M | -20.21M | -78.39M | 82.72M |
| Free Cash Flow Margin | 3.63% | 9.10% | 9.55% | -4.20% | -18.60% | 23.08% |
| Free Cash Flow Per Share | 0.17 | 0.41 | 0.37 | -0.13 | -0.50 | 0.66 |
| Levered Free Cash Flow | 857.38K | -22.34M | 36.36M | -68.49M | -95.15M | 68.60M |
| Unlevered Free Cash Flow | 8.02M | -16.33M | 39.01M | -67.51M | -94.54M | 69.08M |
| Cash Interest Paid | 7.86M | 7.86M | 3.05M | 989.00K | 493.00K | |
| Cash Income Tax Paid | 764.00K | 764.00K | 769.00K | 715.00K | 388.00K | 261.00K |
| Change in Working Capital | -39.93M | 6.18M | 29.55M | -21.02M | -34.67M | 125.88M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.78B | 1.38B | 3.62B | 2.45B | 1.30B | 2.93B |
| Enterprise Value | 1.79B | 1.33B | 3.49B | 2.12B | 872.08M | 2.33B |
| Last Close Price | 10.50 | 8.02 | 21.60 | 15.15 | 8.21 | 18.84 |
| Forward PE | 41.29 | 43.52 | 76.24 | 275.45 | ||
| PS Ratio | 2.23 | 1.82 | 5.68 | 5.08 | 3.08 | 8.18 |
| PB Ratio | 4.55 | 3.21 | 8.23 | 5.36 | 2.67 | 5.27 |
| P/TBV Ratio | 40.26 | 16.64 | 36.16 | 9.29 | 3.85 | 6.64 |
| P/FCF Ratio | 61.24 | 19.97 | 59.50 | 35.43 | ||
| P/OCF Ratio | 45.83 | 17.65 | 55.37 | 34.37 | ||
| EV/Sales Ratio | 2.23 | 1.75 | 5.48 | 4.40 | 2.07 | 6.50 |
| EV/FCF Ratio | 61.50 | 19.23 | 57.34 | 28.18 | ||
| Debt / Equity Ratio | 0.64 | 0.55 | 0.37 | 0.29 | 0.17 | 0.01 |
| Debt / FCF Ratio | 8.58 | 3.43 | 2.70 | 0.05 | ||
| Net Debt / Equity Ratio | 0.02 | -0.08 | -0.24 | -0.61 | -0.86 | -1.04 |
| Net Debt / EBITDA Ratio | -0.26 | 0.96 | 1.68 | 3.47 | 4.23 | 8.22 |
| Net Debt / FCF Ratio | 0.26 | -0.50 | -1.74 | 13.83 | 5.32 | -6.96 |
| Asset Turnover | 0.72 | 0.73 | 0.67 | 0.52 | 0.44 | 0.52 |
| Quick Ratio | 1.47 | 1.54 | 1.52 | 2.08 | 2.13 | 2.00 |
| Current Ratio | 1.52 | 1.60 | 1.56 | 2.12 | 2.17 | 2.02 |
| Return on Equity (ROE) | -15.06% | -15.21% | -17.78% | -15.97% | -19.62% | -19.98% |
| Return on Assets (ROA) | -2.58% | -3.05% | -5.15% | -6.10% | -7.00% | -6.92% |
| Return on Capital Employed (ROCE) | -7.20% | -7.60% | -13.00% | -15.20% | -18.70% | -13.70% |
| Earnings Yield | -3.54% | -4.79% | -2.20% | -3.08% | -7.87% | -2.67% |
| FCF Yield | 1.63% | 5.01% | 1.68% | -0.83% | -6.04% | 2.82% |
| Buyback Yield / Dilution | -2.52% | -3.48% | -3.06% | -1.88% | -25.26% | -480.34% |