This page shows Acv Auctions Inc. (ACVA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue scale-up is narrowing losses while a lightly capital-intensive model keeps cash generation ahead of accounting profit.
From FY2023 to FY2025, revenue added$278M while operating cash flow moved from-$17.9M to$78.2M , and free cash flow held near9% of sales in both FY2024 and FY2025. That mix of better cash conversion and still-negative net margin at-8.7% shows reported losses are shrinking in an operating model that does not need much reinvestment to keep expanding.
The clearest improvement is fixed-cost absorption: revenue rose from
Financing intensity is moving the other way. Debt-to-equity increased from 1.0x in FY2023 to 1.5x in FY2025 and interest expense reached
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Acv Auctions Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Acv Auctions Inc. has an operating margin of -8.3%, meaning the company retains $-8 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from -13.2% the prior year.
Acv Auctions Inc.'s revenue surged 19.2% year-over-year to $759.6M, reflecting rapid business expansion. This strong growth earns a score of 86/100.
Acv Auctions Inc. has a moderate D/E ratio of 1.53. This balance of debt and equity financing earns a leverage score of 37/100.
Acv Auctions Inc.'s current ratio of 1.60 indicates adequate short-term liquidity, earning a score of 44/100. The company can meet its near-term obligations, though with limited headroom.
Acv Auctions Inc. has a free cash flow margin of 9.1%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Acv Auctions Inc.'s ROE of -15.4% shows moderate profitability relative to equity, earning a score of 37/100. This is up from -18.1% the prior year.
Acv Auctions Inc. scores 1.27, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.3B) relative to total liabilities ($655.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Acv Auctions Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Acv Auctions Inc. generates $-1.18 in operating cash flow ($78.2M OCF vs -$66.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Acv Auctions Inc. earns $-6.6 in operating income for every $1 of interest expense (-$63.2M vs $9.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Acv Auctions Inc. generated $759.6M in revenue in fiscal year 2025. This represents an increase of 19.2% from the prior year.
Acv Auctions Inc.'s EBITDA was -$19.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.9% from the prior year.
Acv Auctions Inc. reported -$66.1M in net income in fiscal year 2025. This represents an increase of 17.1% from the prior year.
Acv Auctions Inc. earned $-0.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 18.7% from the prior year.
Cash & Balance Sheet
Acv Auctions Inc. generated $69.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 13.6% from the prior year.
Acv Auctions Inc. held $271.5M in cash against $0 in long-term debt as of fiscal year 2025.
Acv Auctions Inc. had 173M shares outstanding in fiscal year 2025. This represents an increase of 2.6% from the prior year.
Margins & Returns
Acv Auctions Inc.'s operating margin was -8.3% in fiscal year 2025, reflecting core business profitability. This is up 4.9 percentage points from the prior year.
Acv Auctions Inc.'s net profit margin was -8.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.8 percentage points from the prior year.
Acv Auctions Inc.'s ROE was -15.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.7 percentage points from the prior year.
Capital Allocation
Acv Auctions Inc. invested $9.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 100.4% from the prior year.
ACVA Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $204.2M+11.2% | $183.6M-8.0% | $199.6M+3.0% | $193.7M+6.0% | $182.7M+14.5% | $159.5M-6.9% | $171.3M+6.7% | $160.6M |
| Cost of Revenue | $79.8M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $102.4M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $15.8M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $56.2M+12.1% | $50.2M-31.1% | $72.8M+37.5% | $53.0M-10.2% | $59.0M+4.1% | $56.7M+3.1% | $55.0M+5.9% | $51.9M |
| Operating Income | -$9.2M+48.3% | -$17.8M+24.7% | -$23.7M-229.6% | -$7.2M+50.1% | -$14.4M+44.1% | -$25.8M-50.5% | -$17.1M+8.1% | -$18.6M |
| Interest Expense | $2.8M-4.1% | $2.9M+18.4% | $2.5M+8.6% | $2.3M+19.7% | $1.9M-5.7% | $2.0M+88.1% | $1.1M+77.7% | $606K |
| Income Tax | $530K+1.7% | $521K+7.9% | $483K+1658.1% | -$31K-108.5% | $365K+52.1% | $240K+275.2% | -$137K-194.5% | $145K |
| Net Income | -$10.9M+44.2% | -$19.5M+20.2% | -$24.5M-235.2% | -$7.3M+50.7% | -$14.8M+43.3% | -$26.1M-63.1% | -$16.0M+6.1% | -$17.1M |
| EPS (Diluted) | $-0.06 | N/A | $-0.14-250.0% | $-0.04+55.6% | $-0.09 | N/A | $-0.100.0% | $-0.10 |
ACVA Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+13.8% | $1.1B-6.9% | $1.2B+2.5% | $1.1B-1.2% | $1.2B+17.1% | $984.1M-4.9% | $1.0B+2.3% | $1.0B |
| Current Assets | $824.3M+22.4% | $673.5M-11.7% | $762.5M+3.3% | $737.9M-2.9% | $759.9M+28.1% | $593.2M-7.2% | $639.2M+4.1% | $614.1M |
| Cash & Equivalents | $341.0M+25.6% | $271.5M+2.3% | $265.3M+2.7% | $258.4M-11.5% | $291.9M+30.3% | $224.1M-11.3% | $252.5M+17.5% | $215.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $268.9M+36.3% | $197.2M-9.9% | $218.9M+4.3% | $209.9M-13.9% | $243.6M+44.4% | $168.8M-17.2% | $203.7M-2.3% | $208.6M |
| Goodwill | $183.1M-0.4% | $183.7M0.0% | $183.7M0.0% | $183.7M+1.2% | $181.4M+0.5% | $180.5M+1.4% | $177.9M+1.1% | $175.9M |
| Total Liabilities | $804.5M+22.6% | $655.9M-10.4% | $732.0M+6.2% | $689.5M-3.3% | $712.8M+31.0% | $544.1M-5.9% | $578.1M+4.5% | $553.2M |
| Current Liabilities | $560.4M+33.1% | $420.8M-10.8% | $471.7M+2.0% | $462.7M-8.8% | $507.1M+33.0% | $381.2M-9.7% | $422.2M+2.5% | $412.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $430.9M+0.3% | $429.7M-1.1% | $434.4M-3.2% | $448.8M+2.1% | $439.6M-0.1% | $440.0M-3.6% | $456.2M-0.3% | $457.6M |
| Retained Earnings | -$579.3M-1.9% | -$568.5M-3.6% | -$548.9M-4.7% | -$524.4M-1.4% | -$517.1M-2.9% | -$502.3M-5.5% | -$476.2M-3.5% | -$460.1M |
ACVA Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $76.5M+719.0% | -$12.4M-220.6% | $10.3M-25.2% | $13.7M-79.4% | $66.6M+2169.7% | -$3.2M-115.2% | $21.1M+367.8% | $4.5M |
| Capital Expenditures | $1.8M-22.7% | $2.3M-12.0% | $2.6M-9.0% | $2.9M+112.4% | $1.3M+90.9% | $705K-26.7% | $962K-46.5% | $1.8M |
| Free Cash Flow | $74.7M+610.1% | -$14.7M-291.5% | $7.7M-29.5% | $10.9M-83.4% | $65.3M+1763.6% | -$3.9M-119.5% | $20.2M+641.6% | $2.7M |
| Investing Cash Flow | -$14.8M-129.2% | $50.7M+263.0% | -$31.1M+50.4% | -$62.8M-103.4% | -$30.9M-9.6% | -$28.2M-272.7% | $16.3M-3.7% | $16.9M |
| Financing Cash Flow | $7.9M+124.5% | -$32.2M-215.9% | $27.8M+81.0% | $15.4M-52.0% | $32.0M+949.2% | $3.1M+3015.3% | $98K+100.6% | -$16.3M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ACVA Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -4.5%+5.2pp | -9.7%+2.2pp | -11.9%-8.2pp | -3.7%+4.2pp | -7.9%+8.3pp | -16.2%-6.2pp | -10.0%+1.6pp | -11.6% |
| Net Margin | -5.3%+5.3pp | -10.6%+1.6pp | -12.3%-8.5pp | -3.8%+4.3pp | -8.1%+8.3pp | -16.4%-7.0pp | -9.4%+1.3pp | -10.6% |
| Return on Equity | -2.5%+2.0pp | -4.5%+1.1pp | -5.6%-4.0pp | -1.6%+1.7pp | -3.4%+2.6pp | -5.9%-2.4pp | -3.5%+0.2pp | -3.7% |
| Return on Assets | -0.9%+0.9pp | -1.8%+0.3pp | -2.1%-1.5pp | -0.6%+0.7pp | -1.3%+1.4pp | -2.7%-1.1pp | -1.6%+0.1pp | -1.7% |
| Current Ratio | 1.47-0.1 | 1.60-0.0 | 1.62+0.0 | 1.59+0.1 | 1.50-0.1 | 1.56+0.0 | 1.51+0.0 | 1.49 |
| Debt-to-Equity | 1.87+0.3 | 1.53-0.2 | 1.69+0.1 | 1.54-0.1 | 1.62+0.4 | 1.24-0.0 | 1.27+0.1 | 1.21 |
| FCF Margin | 36.6%+44.6pp | -8.0%-11.8pp | 3.8%-1.8pp | 5.6%-30.1pp | 35.7%+38.2pp | -2.5%-14.2pp | 11.8%+10.1pp | 1.7% |
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Frequently Asked Questions
What is Acv Auctions Inc.'s annual revenue?
Acv Auctions Inc. (ACVA) reported $759.6M in total revenue for fiscal year 2025. This represents a 19.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Acv Auctions Inc.'s revenue growing?
Acv Auctions Inc. (ACVA) revenue grew by 19.2% year-over-year, from $637.2M to $759.6M in fiscal year 2025.
Is Acv Auctions Inc. profitable?
No, Acv Auctions Inc. (ACVA) reported a net income of -$66.1M in fiscal year 2025, with a net profit margin of -8.7%.
What is Acv Auctions Inc.'s EBITDA?
Acv Auctions Inc. (ACVA) had EBITDA of -$19.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Acv Auctions Inc.'s operating margin?
Acv Auctions Inc. (ACVA) had an operating margin of -8.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Acv Auctions Inc.'s net profit margin?
Acv Auctions Inc. (ACVA) had a net profit margin of -8.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Acv Auctions Inc.'s return on equity (ROE)?
Acv Auctions Inc. (ACVA) has a return on equity of -15.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Acv Auctions Inc.'s free cash flow?
Acv Auctions Inc. (ACVA) generated $69.1M in free cash flow during fiscal year 2025. This represents a 13.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Acv Auctions Inc.'s operating cash flow?
Acv Auctions Inc. (ACVA) generated $78.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Acv Auctions Inc.'s total assets?
Acv Auctions Inc. (ACVA) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Acv Auctions Inc.'s capital expenditures?
Acv Auctions Inc. (ACVA) invested $9.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Acv Auctions Inc.'s current ratio?
Acv Auctions Inc. (ACVA) had a current ratio of 1.60 as of fiscal year 2025, which is generally considered healthy.
What is Acv Auctions Inc.'s debt-to-equity ratio?
Acv Auctions Inc. (ACVA) had a debt-to-equity ratio of 1.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Acv Auctions Inc.'s return on assets (ROA)?
Acv Auctions Inc. (ACVA) had a return on assets of -6.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Acv Auctions Inc.'s Altman Z-Score?
Acv Auctions Inc. (ACVA) has an Altman Z-Score of 1.27, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Acv Auctions Inc.'s Piotroski F-Score?
Acv Auctions Inc. (ACVA) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Acv Auctions Inc.'s earnings high quality?
Acv Auctions Inc. (ACVA) has an earnings quality ratio of -1.18x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Acv Auctions Inc. cover its interest payments?
Acv Auctions Inc. (ACVA) has an interest coverage ratio of -6.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Acv Auctions Inc.?
Acv Auctions Inc. (ACVA) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.