ACV Auctions (NYSE:ACVA) Announces Earnings Results, Misses Expectations By $0.10 EPS

Posted by Brenda Bartman on Aug 10th, 2026

ACV Auctions (NYSE:ACVA – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.10), FiscalAI reports. ACV Auctions had a negative net margin of 7.97% and a negative return on equity of 5.52%. The company had revenue of $213.94 million for the quarter, compared to the consensus estimate of $214.93 million. During the same quarter last year, the business posted ($0.04) earnings per share. ACV Auctions’s revenue was up 10.5% on a year-over-year basis.

Here are the key takeaways from ACV Auctions’ conference call:

Q2 revenue reached a record $214 million, up 10% year over year, while adjusted EBITDA of $21 million exceeded the high end of guidance. Adjusted EBITDA per unit increased 11% to a new record despite challenging market conditions.
Dealer wholesale market volumes declined about 6% year over year, while a 300–350 basis-point conversion-rate contraction pressured unit growth. Management attributed the weakness to falling used-car values creating a price disconnect between sellers and buyers, though it expects conditions to stabilize in the second half.
ACV is expanding field capacity and expects 15%–20% more sales personnel by year-end, with five emerging regions already delivering mid-teens unit growth. The company also launched commercial availability of VIPER, reported strong dealer interest, and expects commercial wholesale volumes to contribute more meaningfully beginning in the second half.
Management reaffirmed 2026 guidance for revenue of $845 million–$855 million, representing 11%–13% growth, and adjusted EBITDA of $73 million–$77 million, up approximately 27%. ACV ended the quarter with $242 million in cash and cash equivalents after a $50 million accelerated share repurchase, while continuing to target positive operating cash flow in the second half.

ACV Auctions Stock Performance

Shares of NYSE ACVA traded down $0.22 during mid-day trading on Monday, hitting $7.24. The company had a trading volume of 7,201,769 shares, compared to its average volume of 3,241,807. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.46. ACV Auctions has a 1 year low of $4.07 and a 1 year high of $13.90. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of -20.69 and a beta of 1.82. The stock’s 50-day moving average price is $6.99 and its 200-day moving average price is $6.19.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Barrington Research raised ACV Auctions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Barclays lifted their price objective on ACV Auctions from $7.00 to $8.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 22nd. Weiss Ratings upgraded ACV Auctions from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday. Finally, Stephens raised shares of ACV Auctions to a “hold” rating in a report on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, ACV Auctions currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.23.

Check Out Our Latest Analysis on ACVA

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ACVA. Brighton Jones LLC purchased a new stake in shares of ACV Auctions in the 4th quarter valued at about $392,000. Virtu Financial LLC purchased a new position in shares of ACV Auctions during the fourth quarter worth about $96,000. Boothbay Fund Management LLC purchased a new position in shares of ACV Auctions during the fourth quarter worth about $139,000. Osaic Holdings Inc. increased its position in shares of ACV Auctions by 97.1% in the fourth quarter. Osaic Holdings Inc. now owns 18,714 shares of the company’s stock worth $150,000 after purchasing an additional 9,221 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of ACV Auctions in the fourth quarter worth approximately $103,000. Institutional investors own 88.55% of the company’s stock.

About ACV Auctions

(Get Free Report)

ACV Auctions operates a digital marketplace designed to streamline the wholesale used-vehicle auction process for independent dealerships and larger automotive groups. The platform enables dealers to participate in live, online auctions, submit real-time bids, and access guaranteed-sale programs that reduce the risk of inventory moving. By replicating the dynamics of in-lane bidding in a virtual environment, ACV Auctions connects sellers and buyers across a broad geographic footprint without the need for physical auction attendance.

In addition to its core marketplace, ACV Auctions offers a suite of software tools and data-driven services aimed at improving transparency and decision-making in the remarketing process.

Earnings History for ACV Auctions (NYSE:ACVA)

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