ACV Auctions Inc.
For the period ended May 27, 2026. Filed Apr 16, 2026.
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May 27, 2026 · Filed Apr 16, 2026
ACVA$10.500.0%Stored close · as of Oct 15, 2026
Contents
Appendix A
The following table presents a reconciliation of Adjusted EBITDA to net loss, the most directly comparable financial measure stated in accordance with GAAP, for the periods presented:
| YEAR ENDED DECEMBER 31, | |||||
|---|---|---|---|---|---|
| (IN THOUSANDS) | |||||
| 2025 | 2024 | 2023 | 2022 | 2021 | |
| Adjusted EBITDA Reconciliation | |||||
| Net loss | $(66,141) | $(79,700) | $(75,261) | $(102,193) | $(78,182) |
| Depreciation and amortization | $43,743 | $36,807 | $19,285 | $11,378 | $8,753 |
| Stock-based compensation | $56,862 | $68,010 | $49,648 | $39,324 | $23,692 |
| Interest (income) expense | $1,612 | $(5,093) | $(14,942) | $(4,103) | $653 |
| Provision for income taxes | $1,338 | $688 | $526 | $87 | $724 |
| Acquisition-related costs | $403 | $3,966 | $1,237 | — | — |
| Litigation-related costs | $1,100 | $1,553 | $— | $— | $— |
| Tricolor bankruptcy losses | $18,711 | — | — | — | — |
| Other | $1,126 | $1,905 | $1,298 | $(925) | $223 |
| Adjusted EBITDA | $58,754 | $28,136 | $(18,209) | $(56,432) | $(44,137) |
| 2026 PROXY STATEMENT | 43 |
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