ACV Auctions Inc. (ACVA) Balance Sheet
ACVA balance sheet, 2025
December 31, 2025 · U.S. dollars$1.09B assets = $655.9M liabilities + $429.7M equity
Both columns are drawn to the same scale: what ACVA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ACVA financial health
Descriptive bands, not a rating. Fiscal 2025.
ACVA balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $304.5M2019 | $1.09B2025 | +23.6%/yr | |
| Total liabilities | $410.7M2019 | $655.9M2025 | +8.1%/yr | |
| Shareholders’ equity | −$106.1M2019 | $429.7M2025 | — | |
| Cash & short-term investments | $182.3M2019 | $271.5M2025 | +6.9%/yr | |
| Total debt | $2.0M2019 | $190.0M2025 | +114.5%/yr | |
| Net cash (debt) | $180.3M2019 | $81.5M2025 | −$98.8M | |
| Working capital | $170.5M2019 | $252.7M2025 | +$82.1M | |
| Book value per share | −$0.692019 | $2.522025 | — | |
| Current ratio | 2.752019 | 1.602025 | −1.15 | |
| Debt / equity | 0.012021 | 0.442025 | +0.44 | |
| Shares outstanding | 154.2M2019 | 170.6M2025 | +1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ACVA assets
ACVA liabilities and equity
ACVA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ACVA balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $271.5M | $270.1M | $411.3M | $496.0M | $579.1M | $233.7M | $182.3M |
| Cash & equivalents | $271.5M | $224.1M | $182.6M | $280.1M | $565.3M | $233.7M | $182.3M |
| Short-term investments | $0 | $46.0M | $228.8M | $215.9M | $13.8M | $0 | — |
| Receivables | $377.7M | $307.8M | $283.0M | $246.8M | $267.0M | $112.6M | $83.3M |
| Inventory | $0 | $0 | $700,000 | $0 | $1 | $1 | $0 |
| Other current assets | $24.3M | $15.3M | $11.8M | $12.0M | $11.3M | $8.0M | $2.6M |
| Total current assets | $673.5M | $593.2M | $706.9M | $754.8M | $857.4M | $354.4M | $268.2M |
| Property, plant & equipment (net) | $12.9M | $7.6M | $4.9M | $5.7M | $4.9M | $6.9M | $5.4M |
| Goodwill & intangible assets | $264.7M | $271.3M | $193.3M | $148.0M | $114.8M | $41.1M | $28.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $134.5M | $112.0M | $17.8M | $6.4M | $5.8M | $2.1M | $2.1M |
| Total assets | $1.09B | $984.1M | $922.9M | $914.9M | $983.0M | $404.6M | $304.5M |
| Liabilities | |||||||
| Accounts payable | $390.8M | $345.6M | $305.8M | $323.7M | $396.0M | $152.0M | $85.8M |
| Short-term debt | — | — | $3.3M | $1.2M | $1.3M | $746,000 | $466,000 |
| Deferred revenue | — | — | $3.8M | — | $4.3M | $1.5M | $2.3M |
| Total current liabilities | $420.8M | $381.2M | $333.9M | $348.2M | $423.4M | $166.7M | $97.7M |
| Long-term debt | $190.0M | $123.0M | $115.0M | $75.5M | $500,000 | $4.8M | $0 |
| Lease obligations | — | — | — | $1.2M | $3.4M | $2.1M | $2.0M |
| Other long-term liabilities | $45.1M | $40.0M | $17.5M | $5.5M | $3.0M | $372.7M | $313.0M |
| Total liabilities | $655.9M | $544.1M | $466.4M | $429.2M | $426.9M | $544.2M | $410.7M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $173,000 | $168,000 | $162,000 | $158,000 | $156,000 | $22,000 | $21,000 |
| Retained earnings (deficit) | −$568.5M | −$502.3M | −$422.6M | −$347.4M | −$245.2M | −$167.0M | −$126.0M |
| Accumulated other comprehensive income | $1.3M | −$2.7M | −$1.5M | −$3.8M | −$40,000 | −$57,000 | −$1,000 |
| Total shareholders' equity | $429.7M | $440.0M | $456.5M | $485.7M | $556.1M | −$139.7M | −$106.1M |
| Key figures | |||||||
| Total debt | $190.0M | $123.0M | $115.0M | $76.7M | $3.9M | $6.9M | $2.0M |
| Net cash (debt) | $81.5M | $147.1M | $296.3M | $419.3M | $575.2M | $226.8M | $180.3M |
| Working capital | $252.7M | $212.0M | $373.0M | $406.6M | $434.1M | $187.7M | $170.5M |
| Tangible book value | $164.9M | $168.7M | $263.2M | $337.7M | $441.3M | −$180.8M | −$135.0M |
| Book value per share | $2.52 | $2.67 | $2.85 | $3.09 | $3.56 | −$0.91 | −$0.69 |
| Shares outstanding | 170.6M | 164.9M | 160.0M | 157.0M | 156.1M | 154.2M | 154.2M |
| Current ratio | 1.60 | 1.56 | 2.12 | 2.17 | 2.03 | 2.13 | 2.75 |
| Quick ratio | 1.54 | 1.52 | 2.08 | 2.13 | 2.00 | 2.08 | 2.72 |
| Debt / equity | 0.44 | 0.28 | 0.25 | 0.16 | 0.01 | — | — |
| Equity / assets | 39.6% | 44.7% | 49.5% | 53.1% | 56.6% | −34.5% | −34.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $242.3M | $341.0M | $271.5M | $316.0M | $304.7M | $341.8M | $270.1M | $287.8M | $272.6M | $341.5M | $411.3M | $450.2M |
| Cash & equivalents | $242.3M | $341.0M | $271.5M | $265.3M | $258.4M | $291.9M | $224.1M | $252.5M | $215.0M | $209.8M | $182.6M | $226.2M |
| Short-term investments | — | — | $0 | $50.7M | $46.4M | $49.9M | $46.0M | $35.2M | $57.7M | $131.6M | $228.8M | $224.0M |
| Receivables | $408.0M | $459.3M | $377.7M | $417.7M | $416.9M | $400.4M | $307.8M | $334.5M | $329.5M | $340.4M | $283.0M | $274.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $700,000 | $1 |
| Other current assets | $19.8M | $24.0M | $24.3M | $28.8M | $16.3M | $17.7M | $15.3M | $17.0M | $11.9M | $14.4M | $11.8M | $16.9M |
| Total current assets | $670.0M | $824.3M | $673.5M | $762.5M | $737.9M | $759.9M | $593.2M | $639.2M | $614.1M | $696.2M | $706.9M | $741.7M |
| Property, plant & equipment (net) | $14.4M | $13.7M | $12.9M | $11.7M | $10.1M | $8.5M | $7.6M | $7.9M | $7.5M | $7.9M | $4.9M | $5.2M |
| Goodwill & intangible assets | $258.5M | $261.3M | $264.7M | $267.4M | $345.5M | $341.8M | $271.3M | $276.9M | $340.9M | $307.6M | $193.3M | $192.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $136.5M | $136.1M | $134.5M | $124.9M | $44.7M | $42.2M | $112.0M | $110.3M | $48.4M | $33.0M | $17.8M | $20.2M |
| Total assets | $1.08B | $1.24B | $1.09B | $1.17B | $1.14B | $1.15B | $984.1M | $1.03B | $1.01B | $1.04B | $922.9M | $959.1M |
| Liabilities | ||||||||||||
| Accounts payable | $410.1M | $526.6M | $390.8M | $439.0M | $430.6M | $470.3M | $345.6M | $385.7M | $367.9M | $393.1M | $305.8M | $338.1M |
| Short-term debt | — | — | — | — | — | — | — | — | $6.5M | $6.5M | $3.3M | $4.1M |
| Deferred revenue | $7.3M | $7.7M | — | $6.4M | — | — | — | — | $5.5M | $5.4M | $3.8M | $4.1M |
| Total current liabilities | $441.6M | $560.4M | $420.8M | $471.7M | $462.7M | $507.1M | $381.2M | $422.2M | $412.1M | $430.1M | $333.9M | $367.4M |
| Long-term debt | $205.0M | $200.0M | $190.0M | $220.0M | $186.5M | $166.5M | $123.0M | $115.0M | $110.0M | $125.0M | $115.0M | $105.0M |
| Other long-term liabilities | $42.8M | $44.1M | $45.1M | $40.4M | $40.3M | $39.2M | $40.0M | $40.9M | $31.1M | $31.3M | $17.5M | $19.6M |
| Total liabilities | $689.5M | $804.5M | $655.9M | $732.0M | $689.5M | $712.8M | $544.1M | $578.1M | $553.2M | $586.4M | $466.4M | $492.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $169,000 | $174,000 | $173,000 | $172,000 | $172,000 | $171,000 | $168,000 | $167,000 | $166,000 | $164,000 | $162,000 | $161,000 |
| Retained earnings (deficit) | −$587.6M | −$579.3M | −$568.5M | −$548.9M | −$524.4M | −$517.1M | −$502.3M | −$476.2M | −$460.1M | −$443.1M | −$422.6M | −$399.4M |
| Accumulated other comprehensive income | −$63,000 | $258,000 | $1.3M | $1.4M | $1.7M | −$1.5M | −$2.7M | −$169,000 | −$1.6M | −$1.8M | −$1.5M | −$3.7M |
| Total shareholders' equity | $389.9M | $430.9M | $429.7M | $434.4M | $448.8M | $439.6M | $440.0M | $456.2M | $457.6M | $458.3M | $456.5M | $467.1M |
| Key figures | ||||||||||||
| Total debt | $205.0M | $200.0M | $190.0M | $220.0M | $186.5M | $166.5M | $123.0M | $115.0M | $110.0M | $125.0M | $115.0M | $105.0M |
| Net cash (debt) | $37.3M | $141.0M | $81.5M | $96.0M | $118.2M | $175.3M | $147.1M | $172.8M | $162.6M | $216.5M | $296.3M | $345.2M |
| Working capital | $228.3M | $263.9M | $252.7M | $290.8M | $275.3M | $252.8M | $212.0M | $217.0M | $201.9M | $266.2M | $373.0M | $374.4M |
| Tangible book value | $131.4M | $169.6M | $164.9M | $167.1M | $103.3M | $97.8M | $168.7M | $179.3M | $116.7M | $150.7M | $263.2M | $275.1M |
| Book value per share | $2.28 | $2.49 | $2.50 | $2.54 | $2.63 | $2.61 | $2.64 | $2.75 | $2.78 | $2.81 | $2.83 | $2.91 |
| Shares outstanding | 171.0M | 173.4M | 172.1M | 171.3M | 170.5M | 168.3M | 166.5M | 165.7M | 164.4M | 162.9M | 161.2M | 160.4M |
| Current ratio | 1.52 | 1.47 | 1.60 | 1.62 | 1.59 | 1.50 | 1.56 | 1.51 | 1.49 | 1.62 | 2.12 | 2.02 |
| Quick ratio | 1.47 | 1.43 | 1.54 | 1.56 | 1.56 | 1.46 | 1.52 | 1.47 | 1.46 | 1.59 | 2.08 | 1.97 |
| Debt / equity | 0.53 | 0.46 | 0.44 | 0.51 | 0.42 | 0.38 | 0.28 | 0.25 | 0.24 | 0.27 | 0.25 | 0.22 |
| Equity / assets | 36.1% | 34.9% | 39.6% | 37.2% | 39.4% | 38.1% | 44.7% | 44.1% | 45.3% | 43.9% | 49.5% | 48.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 23, 2026); data from EODHD.
ACVA financial position
At the end of fiscal 2025 (December 31, 2025), ACV Auctions had total assets of $1.1 billion (up 10.3% from a year earlier), total liabilities of $655.9 million and shareholders' equity of $429.7 million. It held $271.5 million in cash and short-term investments against $190.0 million of debt, a net cash position of $81.5 million. Its current ratio was 1.60. In the latest quarter (ended June 30, 2026) total assets were $1.1 billion and equity $389.9 million.
Related: ACVA income statement, ACVA cash flow statement, ACVA key metrics. See the ACVA stock overview for the latest quote and news.
ACVA balance sheet FAQ
What are ACV Auctions's total assets?
ACV Auctions reported total assets of $1.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $984.1 million a year earlier.
How much debt does ACV Auctions have?
ACV Auctions had $190.0 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.44.
How much cash does ACV Auctions have?
ACV Auctions held $271.5 million in cash and short-term investments at the end of fiscal 2025; with $190.0 million of debt that is net cash of $81.5 million.
What is ACV Auctions's book value?
ACV Auctions's shareholders' equity (book value) was $429.7 million at the end of fiscal 2025, or $2.52 per share.
What is ACV Auctions's current ratio?
ACV Auctions had current assets of $673.5 million and current liabilities of $420.8 million, a current ratio of 1.60 (it can cover its short-term obligations).
How much goodwill does ACV Auctions have?
ACV Auctions carried $264.7 million of goodwill and intangible assets, 24.4% of total assets, at the end of fiscal 2025.