Acv Auctions, Inc. (ACVA)
NYSE:ACVA
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.08Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call highlighted multiple strong operational and financial achievements — record revenue, double-digit top-line growth, strong adjusted EBITDA expansion, improving unit economics, product momentum (VIPER, ACV Capital growth), and a solid balance sheet with a $50 million ASR. Challenges included a mid-single-digit industry decline driven in part by severe weather, higher cost of revenue mix from increased no-reserve sales, modest legacy SaaS declines, and limited near-term VIPER scale. Overall, the positives (revenue and EBITDA beats, healthy guidance reaffirmation, product/AI traction, and capital returns) materially outweigh the headwinds.Company Guidance
Record Revenue and Strong Profitability
Q1 revenue of $204 million, a 12% year-over-year increase, at the high end of guidance. Adjusted EBITDA was $17 million, exceeding the high end of guidance and up 23% year-over-year. Non-GAAP net income was $7 million, at the high end of guidance.
Unit Volume and Market Share Gains
Sold 213,000 vehicles in Q1, exceeding a difficult Q1 2025 comparison. Management reported accelerated market share gains over the quarter and implied roughly a 10% share improvement in March versus market trends.
Auction Insurance Strength and ARPU Expansion
Auction insurance represented 57% of total revenue and grew 9% year-over-year. Auction insurance ARPU was $542, up 6% year-over-year and 3% quarter-over-quarter.
Marketplace Services and Transport Momentum
Marketplace services comprised 39% of revenue and grew 19% year-over-year. ACV Transport revenue grew 18% year-over-year with over 120,000 transports delivered and transport revenue margin remaining in the low-20% range despite higher diesel costs.
ACV Capital Rapid Growth
ACV Capital revenue increased 30% year-over-year in Q1, reflecting expanded go-to-market and improved portfolio risk management.
Improving Unit Economics and Conversion
No-reserve (guarantee) sales more than doubled year-over-year, delivered a 100% conversion rate, and contributed to adjusted EBITDA per unit rising 20% year-over-year.
Strong Liquidity and Capital Actions
Ended Q1 with $341 million in cash and cash equivalents and $200 million of debt (cash balance includes $230 million of marketplace float). Board authorized up to $100 million share repurchase program and initiated a $50 million accelerated buyback.
Reaffirmed Full-Year Guidance
2026 guidance reaffirmed: revenue $845–855 million (11%–13% growth) and adjusted EBITDA $73–77 million (approximately 28% growth YoY). Q2 revenue guide $213–217 million (10%–12% growth) and Q2 adjusted EBITDA $18–20 million (8%–9% margin).
Product and AI Traction (VIPER, ClearCar, ACV MAX)
VIPER early-access program receiving positive dealer feedback; ClearCar and ACV MAX adoption improving marketplace differentiation. Signed a major enterprise agreement with a large LLM provider and reported broad AI adoption across product and engineering teams.
Operational Efficiency and Investment Discipline
Non-GAAP operating expense (excluding cost of revenue) as a percentage of revenue decreased ~300 basis points year-over-year, with planned OpEx growth of ~8% in 2026 (down from 12% in 2025) and expected adjusted EBITDA margin expansion of ~100 basis points.
ACVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $5.22 | $6.50 | +24.52% |
Feb 23, 2026 | $5.68 | $4.75 | -16.37% |
Nov 05, 2025 | $8.15 | $5.09 | -37.55% |
Aug 11, 2025 | $13.35 | $11.17 | -16.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Acv Auctions, Inc. (ACVA) report earnings?
Acv Auctions, Inc. (ACVA) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Acv Auctions, Inc. (ACVA) earnings time?
Acv Auctions, Inc. (ACVA) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ACVA EPS forecast?
ACVA EPS forecast for the fiscal quarter 2026 (Q2) is 0.05.