ACV Auctions Inc. (ACVA) Income Statement
ACVA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsACVA revenue and net income
Where ACVA's revenue goes
2025Each bar shows an amount and its share of revenue. ACVA kept −8.7% of revenue as net income.
ACVA profit margins
ACVA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +19.2% | +21.7% | +29.5% | — |
| Gross profit | +21.2% | +36.6% | +37.7% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ACVA quarterly EPS vs estimates
ACV Auctions beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.03).
ACVA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $759.6M | $637.2M | $481.2M | $421.5M | $358.4M | $208.4M | $106.8M | $35.5M |
| Cost of revenue | $288.1M | $248.2M | $244.5M | $236.7M | $204.8M | $113.0M | $82.8M | $21.8M |
| Gross profit | $471.5M | $388.9M | $236.8M | $184.9M | $153.7M | $95.3M | $24.1M | $13.7M |
| Sales, general & admin | $235.0M | $217.4M | $165.3M | $143.6M | $121.2M | $64.9M | $62.4M | — |
| Total operating expenses | $533.2M | $473.1M | $326.5M | $291.1M | $230.5M | $136.0M | $103.4M | $49.9M |
| Operating income | −$61.7M | −$84.1M | −$89.7M | −$106.2M | −$76.8M | −$40.6M | −$79.3M | −$36.1M |
| Interest income | $8.0M | $9.3M | $16.5M | $5.1M | $129,000 | $748,000 | $2.1M | — |
| Interest expense | $9.6M | $4.2M | $1.6M | $979,000 | $782,000 | $633,000 | $0 | — |
| Income before taxes | −$64.8M | −$79.0M | −$74.7M | −$102.1M | −$77.5M | −$40.5M | −$77.2M | −$35.8M |
| Income taxes | $1.3M | $688,000 | $526,000 | $87,000 | $724,000 | $489,000 | $27,000 | $11,000 |
| Net income | −$66.1M | −$79.7M | −$75.3M | −$102.2M | −$78.2M | −$41.0M | −$77.2M | −$35.8M |
| EBITDA | −$11.4M | −$38.0M | −$53.9M | −$89.7M | −$67.9M | −$32.6M | −$75.3M | −$35.5M |
| EPS (diluted) | $0.17 | −$0.08 | −$0.10 | −$0.50 | −$0.90 | −$0.49 | −$0.50 | −$0.27 |
| Gross margin | 62.1% | 61.0% | 49.2% | 43.9% | 42.9% | 45.7% | 22.5% | 38.7% |
| Operating margin | −8.1% | −13.2% | −18.6% | −25.2% | −21.4% | −19.5% | −74.2% | −101.7% |
| Net margin | −8.7% | −12.5% | −15.6% | −24.2% | −21.8% | −19.7% | −72.3% | −100.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $213.9M | $204.2M | $183.6M | $199.6M | $193.7M | $182.7M | $159.5M | $171.3M | $160.6M | $145.7M | $118.4M | $119.0M |
| Cost of revenue | $107.2M | $79.8M | $42.7M | $70.9M | $91.2M | $83.4M | $61.2M | $81.2M | $78.8M | $68.5M | $60.6M | $60.4M |
| Gross profit | $106.7M | $124.4M | $141.0M | $128.7M | $102.5M | $99.3M | $98.3M | $90.1M | $81.8M | $77.2M | $57.7M | $58.6M |
| Research & development | $16.6M | — | — | — | — | — | — | — | — | — | — | — |
| Sales, general & admin | $53.8M | $56.2M | $50.2M | $72.8M | $53.0M | $59.0M | $56.7M | $55.0M | $51.9M | $53.9M | $42.8M | $40.8M |
| Total operating expenses | $112.8M | $133.6M | $158.8M | $152.4M | $109.7M | $113.7M | $124.1M | $107.2M | $100.5M | $99.7M | $84.5M | $80.9M |
| Operating income | −$6.0M | −$9.2M | −$17.8M | −$23.7M | −$7.2M | −$14.4M | −$25.8M | −$17.1M | −$18.6M | −$22.5M | −$26.8M | −$22.3M |
| Interest income | $1.6M | $1.7M | $1.7M | $2.2M | $2.2M | $1.9M | $1.9M | $2.0M | $2.3M | $3.0M | $4.0M | $4.5M |
| Interest expense | $3.2M | $2.8M | $2.9M | $2.5M | $2.3M | $1.9M | $2.0M | $1.1M | $606,000 | $535,000 | $360,000 | $439,000 |
| Income before taxes | −$7.7M | −$10.4M | −$19.0M | −$24.0M | −$7.3M | −$14.5M | −$25.9M | −$16.2M | −$16.9M | −$20.0M | −$23.1M | −$18.2M |
| Income taxes | $551,000 | $530,000 | $521,000 | $483,000 | −$31,000 | $365,000 | $240,000 | −$137,000 | $145,000 | $440,000 | $117,000 | $1,000 |
| Net income | −$8.2M | −$10.9M | −$19.6M | −$24.5M | −$7.3M | −$14.8M | −$26.1M | −$16.0M | −$17.1M | −$20.5M | −$23.2M | −$18.2M |
| EBITDA | $7.6M | $4.4M | −$4.8M | −$10.5M | $5.9M | −$2.0M | −$13.5M | −$5.3M | −$7.4M | −$11.7M | −$15.9M | −$12.7M |
| EPS (diluted) | −$0.03 | $0.04 | −$0.01 | $0.07 | $0.07 | $0.04 | −$0.01 | −$0.10 | $0.02 | $0.01 | −$0.04 | −$0.02 |
| Gross margin | 49.9% | 60.9% | 76.8% | 64.5% | 52.9% | 54.4% | 61.6% | 52.6% | 50.9% | 53.0% | 48.8% | 49.3% |
| Operating margin | −2.8% | −4.5% | −9.7% | −11.9% | −3.7% | −7.9% | −16.2% | −10.0% | −11.6% | −15.5% | −22.6% | −18.7% |
| Net margin | −3.8% | −5.3% | −10.7% | −12.3% | −3.8% | −8.1% | −16.4% | −9.4% | −10.6% | −14.1% | −19.6% | −15.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ACVA's financial statements (latest annual report filed February 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ACVA financial results
In fiscal year 2025 (ended December 31, 2025), ACV Auctions reported revenue of $759.6 million, up 19.2% from the year before. It had a net loss of $66.1 million, a net profit margin of −8.7%. Diluted earnings per share came to $0.17. Over five years revenue grew at an average rate of 29.5% a year.
See the ACVA stock overview for the latest quote and news, or the ACVA chart for price history and technical indicators.
ACVA income statement FAQ
What is ACV Auctions's annual revenue?
ACV Auctions reported total revenue of $759.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 19.2% from $637.2 million the previous year.
Is ACV Auctions profitable?
No. ACV Auctions reported a net loss of $66.1 million in fiscal 2025, a net profit margin of −8.7%; its operating margin was −8.1%.
What is ACV Auctions's gross margin?
ACV Auctions's gross margin was 62.1% in fiscal 2025: for every $100 of revenue, ACV Auctions kept $62 after the direct cost of its products and services.
How fast is ACV Auctions growing?
Revenue grew 29.5% a year on average over the last five fiscal years, from $208.4 million to $759.6 million.
What are ACV Auctions's earnings per share?
ACV Auctions earned $0.17 per diluted share in fiscal 2025, compared with $-0.08 a year earlier.
When will ACV Auctions report its next earnings?
ACV Auctions is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does ACV Auctions's fiscal year end?
ACV Auctions's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 23, 2026.