ACV Auctions

ACV Auctions (ACVA) Q2 2025 Earnings

Reported Aug 11, 2025 at 4:09 PM ET · SEC Source

Q2 25 EPS

$-0.04

MISS 155.17%

Est. $0.07

Q2 25 Revenue

$193.7M

MISS 1.16%

Est. $196.0M

vs S&P Since Q2 25

-54.8%

TRAILING MARKET

ACVA -38.7% vs S&P +16.0%

Market Reaction

Did ACVA Beat Earnings? Q2 2025 Results

ACV Auctions posted a mixed second quarter for 2025, delivering 20.6% revenue growth to $193.70 million while falling short of Wall Street's expectations on both top and bottom lines. The company reported a GAAP loss per share of $0.04, a significant… Read more ACV Auctions posted a mixed second quarter for 2025, delivering 20.6% revenue growth to $193.70 million while falling short of Wall Street's expectations on both top and bottom lines. The company reported a GAAP loss per share of $0.04, a significant miss against the $0.07 consensus estimate, as revenue also came in $2.27 million below forecasts. The most material drag was a softening dealer wholesale market in the back half of the quarter, with weakening retail demand and elevated trade retention rates at dealerships weighing on volumes despite 210,429 units transacted and $2.70 billion in marketplace GMV. Profitability momentum was nonetheless real, with Adjusted EBITDA more than doubling to $18.58 million from $7.08 million a year ago and the GAAP net loss narrowing sharply to $7.30 million. The company recently expanded its No Reserve Sale to four days a week, signaling continued investment in dealer engagement. Looking ahead, ACV trimmed its full-year revenue guidance to $765 million to $775 million, citing macroeconomic crosscurrents, while keeping Adjusted EBITDA guidance steady, a trend worth watching alongside broader used vehicle marketplace results this earnings season.

Key Takeaways

  • Continued market share gains in dealer wholesale
  • Strong adoption of Marketplace Services
  • Suite of dealer solutions gained further market traction
  • Marketplace GMV of $2.7 billion, up 12% YoY
  • Marketplace Units of 210,429, up 13% YoY
  • Execution on commercial wholesale strategy initiatives
24/7 Wall St

ACVA YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

ACVA Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We are pleased with our second quarter results, delivering record revenue and Adjusted EBITDA, despite challenging market conditions in the back half of the quarter. Results were driven by continued market share gains and strong adoption of our Marketplace Services. Our suite of dealer solutions gained further market traction, and we executed on initiatives to support our commercial wholesale strategy.”

— George Chamoun, Q2 2025 Earnings Press Release