ACV Auctions Inc.

For the period ended Sep 30, 2025. Filed Nov 5, 2025.

About 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

ACVA$10.500.0%Stored close · as of Oct 15, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share data)

	Three months ended September 30,		Nine months ended September 30,
	2025	2024	2025	2024
Revenue:
Marketplace and service revenue	$176,510	$155,908	$518,442	$429,848
Customer assurance revenue	23,051	15,421	57,519	47,794
Total revenue	199,561	171,329	575,961	477,642
Operating expenses:
Marketplace and service cost of revenue (excluding depreciation & amortization)	70,859	67,064	214,580	187,010
Customer assurance cost of revenue (excluding depreciation & amortization)	22,098	14,176	52,984	41,548
Operations and technology	46,526	42,539	136,517	120,302
Selling, general, and administrative	72,826	54,973	184,816	160,738
Depreciation and amortization	10,969	9,716	32,407	26,351
Total operating expenses	223,278	188,468	621,304	535,949
Loss from operations	(23,717)	(17,139)	(45,343)	(58,307)
Other income (expense):
Interest income	2,218	2,050	6,259	7,410
Interest expense	(2,483)	(1,077)	(6,679)	(2,218)
Total other income (expense)	(265)	973	(420)	5,192
Loss before income taxes	(23,982)	(16,166)	(45,763)	(53,115)
Provision for (benefit from) income taxes	483	(137)	817	448
Net loss	$(24,465)	$(16,029)	$(46,580)	$(53,563)
Weighted-average shares - basic and diluted	171,348	165,723	170,067	164,337
Net loss per share - basic and diluted	$(0.14)	$(0.10)	$(0.27)	$(0.33)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.