Acv Auctions, Inc. ( (ACVA) ) has released its Q3 earnings. Here is a breakdown of the information Acv Auctions, Inc. presented to its investors.
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ACV Auctions, Inc. is a digital automotive marketplace and data services provider, focusing on transforming the automotive industry with innovative solutions for sourcing, selling, and managing used vehicles. In its third quarter of 2025, ACV Auctions reported record revenue of $200 million, driven by increased market share and strong adoption of its Marketplace Services, despite challenging market conditions. The company achieved a non-GAAP net income of $11 million and an Adjusted EBITDA of $19 million, reflecting significant growth compared to the previous year. Key financial highlights include a 16% year-over-year increase in total revenue and a 10% rise in Marketplace Units transacted. Looking ahead, ACV Auctions anticipates full-year 2025 revenue between $756 million and $760 million, with a focus on sustaining growth in dealer wholesale and executing its commercial wholesale strategy. The company’s management remains optimistic about its ability to navigate the current economic environment and deliver robust financial performance.