ACV Auctions (ACVA) Q2 2026 Earnings
How Did ACVA Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: −0.81%.
Did ACVA Beat Earnings? Q2 2026 Results
Yes. ACV Auctions reported Q2 2026 earnings of $0.06 a share on Aug 10, 2026, beating the $0.05 consensus estimate by 18.1%. Revenue was $213.9M against a $214.9M estimate.
ACV Auctions delivered a mixed but largely encouraging second quarter, beating on the bottom line while coming in fractionally light on revenue. The digital automotive marketplace posted adjusted EPS of $0.06, clearing the $0.05 consensus by 18.11%, even as revenue of $213.94 million edged 0.44% below estimates; on a year-over-year basis, the top line still grew 10.4%, with Marketplace and Service Revenue up 8% to $189.25 million. The key profit driver was Adjusted EBITDA of $20.77 million, which came in above the high end of prior guidance and improved from $18.58 million a year ago, helping offset a slightly wider GAAP net loss of $8.23 million. The quarter also brought a notable leadership change, with CFO Bill Zerella set to depart and Tim Fox stepping into the role on August 11. Looking ahead, management reaffirmed full-year 2026 revenue guidance of $845 million to $855 million, pointing to dealer wholesale market stabilization and continued adoption of AI-powered tools like VIPER as key growth levers; analysts currently maintain a buy-equivalent rating with a $9.37 price target.
- Market share gains in dealer wholesale
- Strong adoption of Marketplace Services
- Expansion of VIPER with dealer partners
- Commercial wholesale strategy gaining wallet share with captives, banks, fleet companies, and auto finance providers
“ACV delivered solid financial results in Q2-26, reporting another record revenue quarter with Adjusted EBITDA above the high-end of guidance. Results were driven by market share gains in dealer wholesale and strong adoption of our Marketplace Services.”
ACV Auctions CEO, on the earnings call
What Is ACV Auctions's Outlook?
ACV reaffirmed full-year 2026 guidance: total revenue of $845 million to $855 million (11%-13% YoY growth), Adjusted EBITDA of $73 million to $77 million, GAAP net loss of ($49) million to ($44) million, and non-GAAP net income of $32 million to $37 million. For Q3 2026, the company guided total revenue of $219 million to $225 million (10%-13% YoY growth), Adjusted EBITDA of $21 million to $24 million, GAAP net loss of ($11) million to ($7) million, and non-GAAP net income of $11 million to $15 million. Key assumptions include dealer wholesale market stabilization in the back half of 2026, normal seasonal patterns for conversion rates and wholesale price depreciation, and non-GAAP operating expense growth of approximately 6% year-over-year.
ACVA YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $213.9M | $193.7M | +10.5% |
| Operating Income | −$6.0M | −$5.2M | +16.0% |
| Net Income | −$8.2M | −$9.4M | −12.7% |
ACVA Revenue by Segment
When Does ACV Auctions Report Next?
Figures from SEC filings and company reports. Not investment advice.