ACV Auctions Inc

ACVA

Equity

ISIN null / Valor 110303654

NASDAQ (2025-11-19)

USD 6.64+1.53%

ACV Auctions Inc
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About company

ACV Auctions Inc. operates as an online platform facilitating car auctions exclusively for licensed dealers. The company specializes in providing a digital marketplace where dealers can source a variety of used vehicles, including SUVs, pickup trucks, sedans, hatchbacks, and luxury cars. ACV Auctions conducts its auctions entirely online, allowing dealers to participate from any location without the need to attend physical auctions. The company employs vehicle inspectors nationwide who perform comprehensive inspections of wholesale, off-lease, and retail inventory directly on the lot. These inspections include detailed interior and exterior photos, high-definition engine sounds, OBDII scans, and other diagnostic checks to ensure transparency and confidence in the bidding process. Additionally, ACV Auctions offers ancillary services such as transportation, flooring, inventory management, and vehicle appraisal tools to support dealers in managing their operations more efficiently.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Growth

Second quarter revenue increased by 21% year over year to $194 million, driven by a 22% growth in Marketplace and Service Revenue, which reached $176 million.

Profitability Improvement

GAAP net loss narrowed to ($7) million compared to ($17) million in the second quarter of 2024, while non-GAAP net income surged to $12 million from $3 million year over year. Adjusted EBITDA rose to $19 million from $7 million.

Marketplace Performance

Marketplace Gross Merchandise Volume (GMV) grew by 12% year over year to $2.7 billion, with Marketplace Units increasing by 13% to 210,429.

Future Guidance

For the full year 2025, ACV anticipates total revenue between $765 million and $775 million, reflecting a 20% to 22% increase year over year, and Adjusted EBITDA between $68 million and $72 million.

Summarized from source with an LLMView Source

Key figures

-69.1%1Y

-16.8%3Y

%5Y

Performance

49.2%1Y

52.2%3Y

56.2%5Y

Volatility