ACV Auctions

ACV Auctions (ACVA) Q1 2025 Earnings

Reported May 7, 2025 at 4:27 PM ET · SEC Source

Q1 25 EPS

$-0.09

MISS 522.54%

Est. $0.02

Q1 25 Revenue

$182.7M

BEAT +0.33%

Est. $182.1M

vs S&P Since Q1 25

-89.1%

TRAILING MARKET

ACVA -57.1% vs S&P +32.0%

Market Reaction

Did ACVA Beat Earnings? Q1 2025 Results

ACV Auctions posted a mixed first quarter for 2025, delivering a notable earnings miss while holding its revenue line with quiet consistency. The digital wholesale auctioneer reported a loss of $0.09 per share, falling well short of the $0.02 consens… Read more ACV Auctions posted a mixed first quarter for 2025, delivering a notable earnings miss while holding its revenue line with quiet consistency. The digital wholesale auctioneer reported a loss of $0.09 per share, falling well short of the $0.02 consensus estimate, a gap of 522.54%, even as revenue of $182.70 million edged just past the $182.10 million forecast and climbed 25.4% year over year. The real story beneath the headline numbers was operational momentum, with Adjusted EBITDA more than tripling to $13.91 million and non-GAAP net income rising sharply to $7.50 million, fueled by 208,025 units transacted and a 28% jump in Marketplace and Service Revenue. A modest dealer wholesale market hampered by used vehicle inventory shortages added a note of caution, but management reiterated full-year 2025 guidance of $765 million to $785 million in revenue and $65 million to $75 million in Adjusted EBITDA, with second-quarter revenue expected between $193 million and $198 million, signaling confidence in sustained growth despite macro headwinds.

Key Takeaways

  • Market share gains in dealer wholesale driven by leading digital marketplace position
  • 28% YoY growth in Marketplace and Service Revenue
  • Marketplace units grew 19% YoY to 208,025
  • Marketplace GMV grew 13% YoY to $2.6 billion
  • Suite of dealer solutions gained further market traction
  • Adjusted EBITDA exceeded high-end of guidance range with continued margin expansion
24/7 Wall St

ACVA YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

24/7 Wall St

ACVA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We are very pleased with our first quarter results. We delivered strong revenue growth and Adjusted EBITDA above the high-end of our guidance range, along with continued margin expansion. ACV's leading market position resulted in additional share gains, our suite of dealer solutions gained further market traction, and we executed on initiatives to support our commercial wholesale strategy.”

— George Chamoun, Q1 2025 Earnings Press Release