ACV Auctions Inc.
For the period ended Mar 31, 2026. Filed May 6, 2026.
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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.
Mar 31, 2026 · Filed May 6, 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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Condensed Consolidated Statements of Cash Flows
| Three months ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities | ||
| Net loss | $(10,892) | $(14,817) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 11,920 | 10,547 |
| Stock-based compensation expense, net of amounts capitalized | 13,464 | 16,574 |
| Provision for bad debt | 5,254 | 1,603 |
| Other non-cash, net | 821 | 704 |
| Changes in operating assets and liabilities: | ||
| Trade receivables | (74,294) | (75,714) |
| Other operating assets | 41 | (2,616) |
| Accounts payable | 126,445 | 122,834 |
| Other operating liabilities | 3,751 | 7,509 |
| Net cash provided by operating activities | 76,510 | 66,624 |
| Cash Flows from Investing Activities | ||
| Net increase in finance receivables | (3,363) | (17,276) |
| Purchases of property and equipment | (1,772) | (1,346) |
| Capitalization of software costs | (9,663) | (8,731) |
| Purchases of marketable securities | — | (10,153) |
| Maturities and redemptions of marketable securities | — | 6,638 |
| Net cash used in investing activities | (14,798) | (30,868) |
| Cash Flows from Financing Activities | ||
| Proceeds from long term debt | 85,000 | 100,000 |
| Payments towards long term debt | (75,000) | (56,500) |
| Proceeds from exercise of stock options | 690 | 382 |
| Payment of RSU tax withholdings in exchange for common shares surrendered by RSU holders | (2,780) | (11,808) |
| Other financing activities | — | (42) |
| Net cash provided by financing activities | 7,910 | 32,032 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | (149) | 32 |
| Net increase in cash, cash equivalents, and restricted cash | 69,473 | 67,820 |
| Cash, cash equivalents, and restricted cash, beginning of period | 271,497 | 224,065 |
| Cash, cash equivalents, and restricted cash, end of period | $340,970 | $291,885 |
| Supplemental disclosure of cash flow information | ||
| Non-cash investing and financing activities: | ||
| Stock-based compensation included in capitalized software development costs | $1,839 | $1,843 |
| Purchase of property and equipment and internal use software in accounts payable | $1,140 | $1,490 |
The accompanying notes are an integral part of these condensed consolidated financial statements
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.