ACV Auctions Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity
| Three months ended September 30, 2025 | ||||||
|---|---|---|---|---|---|---|
| Common Stock (1) · AccumulatedOtherComprehensive Income (Loss) | ||||||
| Shares · ParValue · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||
| Balance as of June 30, 2025 | 171,559 | $172 | $971,390 | $(524,430) | $1,651 | $448,783 |
| Net loss | — | — | — | (24,465) | — | (24,465) |
| Other comprehensive income (loss) | — | — | — | — | (267) | (267) |
| Stock-based compensation | — | — | 16,024 | — | — | 16,024 |
| Exercise of common stock options | 99 | — | 229 | — | — | 229 |
| Vested restricted stock units | 513 | — | (5,854) | — | — | (5,854) |
| Issuance of shares for employee stock purchase plan | — | — | — | — | — | — |
| Balance as of September 30, 2025 | 172,171 | $172 | $981,789 | $(548,895) | $1,384 | $434,450 |
| Nine months ended September 30, 2025 | ||||||
|---|---|---|---|---|---|---|
| Common Stock (1) · AccumulatedOtherComprehensiveIncome (Loss) | ||||||
| Shares · ParValue · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||
| Balance as of December 31, 2024 | 168,029 | $168 | $944,891 | $(502,315) | $(2,740) | $440,004 |
| Net loss | — | — | — | (46,580) | — | (46,580) |
| Other comprehensive income (loss) | — | — | — | — | 4,124 | 4,124 |
| Stock-based compensation | — | — | 57,098 | — | — | 57,098 |
| Exercise of common stock options | 2,003 | 2 | 758 | — | — | 760 |
| Vested restricted stock units | 1,961 | 2 | (23,492) | — | — | (23,490) |
| Issuance of shares for employee stock purchase plan | 178 | — | 2,534 | — | — | 2,534 |
| Balance as of September 30, 2025 | 172,171 | $172 | $981,789 | $(548,895) | $1,384 | $434,450 |
(1) -Following the approval by the Company's shareholders of certain amendments to the Company's Certificate of Incorporation at the 2025 Annual Shareholder Meeting, the Company filed with the State of Delaware the Eleventh Amended and Restated Certificate of Incorporation of ACV Auctions Inc. The changes include, among other things, the removal of all references to Class B Common Stock and the reclassification of Class A Common Stock to Common Stock.
| Three months ended September 30, 2024 | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · AccumulatedOtherComprehensive Loss | |||||||||||||
| Shares · ParValue · Shares · Par Value · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | |||||||||||||
| Balance as of June 30, 2024 | 151,659 | $152 | 14,370 | $14 | $919,216 | $(460,149) | $(1,616) | $457,617 | |||||
| Conversion of Class B common stock to Class A common stock | 5,107 | 5 | (5,107) | (5) | — | — | — | — | |||||
| Net loss | — | — | — | — | — | (16,029) | — | (16,029) | |||||
| Other comprehensive income (loss) | — | — | — | — | — | — | 1,447 | 1,447 | |||||
| Stock-based compensation | — | — | — | — | 17,772 | — | — | 17,772 | |||||
| Exercise of common stock options | 515 | 1 | — | 1,830 | — | — | 1,831 | ||||||
| Vested restricted stock units | 439 | — | 62 | — | (6,426) | — | — | (6,426) | |||||
| Balance as of September 30, 2024 | 157,721 | $158 | 9,325 | $9 | $932,392 | $(476,178) | $(169) | $456,212 | |||||
| Nine months ended September 30, 2024 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Class A · Common Stock Class B · AccumulatedOtherComprehensive Loss | ||||||||||||||||||||
| Shares · ParValue · Shares · Par Value · Additional Paid-In Capital · Accumulated Deficit · Total Stockholders' Equity | ||||||||||||||||||||
| Balance as of December 31, 2023 | 138,637 | $139 | 23,205 | $23 | $880,510 | $(422,615) | $(1,529) | $456,528 | ||||||||||||
| Conversion of Class B common stock to Class A common stock | 14,710 | 15 | (14,710) | (15) | — | — | — | — | ||||||||||||
| Net loss | — | — | — | — | — | (53,563) | — | (53,563) | ||||||||||||
| Other comprehensive income (loss) | — | — | — | — | — | — | 1,360 | 1,360 | ||||||||||||
| Stock-based compensation | — | — | — | — | 52,117 | — | — | 52,117 | ||||||||||||
| Exercise of common stock options | 1,441 | 2 | 631 | 1 | 8,641 | — | — | 8,644 | ||||||||||||
| Vested restricted stock units | 1,377 | 1 | 199 | — | (19,429) | — | — | (19,428) | ||||||||||||
| Issuance of shares for acquisitions | 1,413 | 1 | — | — | 8,555 | — | — | 8,556 | ||||||||||||
| Issuance of shares for employee stock purchase plan | 142 | — | — | — | 1,998 | — | — | 1,998 | ||||||||||||
| Balance as of September 30, 2024 | 157,721 | $158 | 9,325 | $9 | $932,392 | $(476,178) | $(169) | $456,212 | ||||||||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.