ACV Auctions Inc.

For the period ended Dec 31, 2025. Filed Feb 23, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 23, 2026

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

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

Report of Independent Registered Public Accounting Firm (PCAOB ID: 42)
Consolidated Statements of Operations for the Years ended December 31, 2025, 2024, and 2023	63
Consolidated Statements of Comprehensive Loss for the Years ended December 31, 2025, 2024, and 2023	64
Consolidated Balance Sheets as of December 31, 2025 and 2024	65
Consolidated Statements of Changes in Stockholders' Equity (Deficit) for the Years ended December 31, 2025, 2024, and 2023	66
Consolidated Statements of Cash Flows for the Years ended December 31, 2025, 2024, and 2023	67
Notes to Consolidated Financial Statements	68
Note 1 - Nature of Business and Summary of Significant Accounting Policies	68
Note 2 - Concentration of Credit Risk	74
Note 3 - Financial Instruments	75
Note 4 - Fair Value Measurement	75
Note 5 - Accounts Receivables & Allowance for Doubtful Receivables	76
Note 6 - Property and Equipment, net	77
Note 7 - Internal-Use Software Costs, net	77
Note 8 - Guarantees, Commitments and Contingencies	78
Note 9 - Borrowings	78
Note 10 - Leases	80
Note 11 - Stockholders' Equity	80
Note 12 - Revenue	81
Note 13 - Stock-Based Compensation	81
Note 14 - Employee Benefit Plan	83
Note 15 - Income Taxes	83
Note 16 - Acquisitions	86
Note 17 - Goodwill and Acquired Intangibles	88
Note 18 - Net Income (Loss) Per Share	89
Note 19 - Segment Information	89

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.