Q2 26 EPS Adjusted
$0.06
BEAT +18.11%
Est. $0.05
Q2 26 Revenue
$213.9M
MISS 0.44%
Est. $214.9M
Market Reaction
Did ACVA Beat Earnings? Q2 2026 Results
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%, … Read more 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.
Key Takeaways
- • 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
ACVA Forward Guidance & 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
Q2 2026 vs Q2 2025, source: SEC Filings
ACVA Revenue by Segment
With YoY comparisons, source: SEC Filings
“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.”
— George Chamoun, Q2 2026 Earnings Press Release
ACVA Earnings Trends
ACVA vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ACVA EPS Trend
Earnings per share: estimate vs actual
ACVA Revenue Trend
Quarterly revenue: estimate vs actual
ACVA Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.05 | $0.06 | +18.11% | $213.9M | -0.44% |
| Q1 26 BEAT | $0.03 | $0.04 | +25.39% | $204.2M | +1.24% |
| Q4 25 MISS FY | $-0.01 | $-0.11 | -787.10% | $183.6M | +0.93% |
| FY Full Year | $0.17 | $-0.39 | -332.00% | $759.6M | +0.30% |
| Q3 25 BEAT | $0.06 | $0.07 | +16.47% | $199.6M | -0.17% |
| Q2 25 MISS | $0.07 | $-0.04 | -155.17% | $193.7M | -1.16% |
| Q1 25 MISS | $0.02 | $-0.09 | -522.54% | $182.7M | +0.33% |