ACV Auctions (ACVA) financial statements
ACV Auctions reported revenue of $760M in fiscal 2025, up 38.7% a year over 6 years.
Net income was -$66M and the operating margin -8.3%, against -74.2% in 2019.
Free cash flow was $34M.
The diluted share count rose 829% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ACV Auctions's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $107M | $208M | $358M | $422M | $481M | $637M | $760M |
| Selling, general and admin | $62M | $65M | $121M | $144M | $167M | $217M | $235M |
| Operating income | -$79M | -$41M | -$77M | -$106M | -$90M | -$84M | -$63M |
| Interest expense | $0 | $633,000 | $782,000 | $979,000 | $2M | $4M | $10M |
| Pre-tax income | -$77M | -$41M | -$77M | -$102M | -$75M | -$79M | -$65M |
| Income tax | $27,000 | $489,000 | $724,000 | $87,000 | $526,000 | $688,000 | $1M |
| Net income | -$77M | -$41M | -$78M | -$102M | -$75M | -$80M | -$66M |
| EPS (diluted) | -$4.20 | -$1.90 | -$0.62 | -$0.65 | -$0.47 | -$0.48 | -$0.39 |
| Diluted shares | 18M | 22M | 125M | 157M | 160M | 165M | 171M |
| Operating margin | -74.2% | -19.5% | -21.4% | -25.2% | -18.6% | -13.2% | -8.3% |
| Net margin | -72.3% | -19.7% | -21.8% | -24.2% | -15.6% | -12.5% | -8.7% |
Balance sheet
Fiscal years, from ACV Auctions's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $182M | $234M | $566M | $281M | $411M | $270M | $271M |
| Receivables | — | $104M | $223M | $169M | $164M | $169M | $197M |
| Total current assets | — | $354M | $857M | $755M | $707M | $593M | $674M |
| Property, plant and equipment | — | $5M | $5M | $6M | $5M | $8M | $13M |
| Goodwill | $16M | $22M | $79M | $92M | $103M | $180M | $184M |
| Total assets | — | $405M | $983M | $915M | $923M | $984M | $1.1B |
| Total current liabilities | — | $167M | $423M | $348M | $334M | $381M | $421M |
| Total liabilities | — | $178M | $427M | $429M | $466M | $544M | $656M |
| Shareholders' equity | -$106M | -$140M | $556M | $486M | $457M | $440M | $430M |
| Net debt | -$182M | -$234M | -$566M | -$281M | -$183M | -$224M | -$271M |
Cash flow
Fiscal years, from ACV Auctions's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$72M | $10M | $85M | -$75M | -$18M | $65M | $78M |
| Capital spending | $7M | $9M | $14M | $23M | $28M | $34M | $45M |
| Free cash flow | -$79M | $1M | $71M | -$99M | -$46M | $31M | $34M |
| Stock-based compensation | $998,000 | $6M | $23M | $39M | $50M | $68M | $57M |
| Net borrowing | $0 | $5M | -$4M | $75M | $40M | $8M | $67M |
| Free cash flow margin | -74.0% | 0.7% | 19.9% | -23.4% | -9.6% | 4.9% | 4.4% |
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Open ACVA in InvestinglyQuestions
What was ACV Auctions's revenue in 2025?
$760M in fiscal 2025, from its 10-K filing.
How much free cash flow does ACV Auctions generate?
$34M in fiscal 2025 (operating cash flow minus capital spending).
From ACV Auctions's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.