{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-023840","form_type":"8-K","ticker":"ACVA","cik":"0001637873","company_name":"ACV Auctions Inc.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.525230+00:00","generated_at":"2026-06-22T01:23:23.957516+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"ACV Q3 revenue $105M (+15% YoY); guides FY revenue $421-424M, Adj. EBITDA loss $59-61M","bullets":["Q3 revenue $105M (+15% YoY); GAAP net loss $24M; Adjusted EBITDA loss $12M with ~200bps margin expansion.","Marketplace GMV $2.1B (+6% YoY); units 133,165 (-5% YoY), reflecting constrained wholesale volumes.","FY 2022 guidance: revenue $421-424M (17-18% growth); Adj. EBITDA loss $59-61M (~14% margin).","Q4 2022 guidance: revenue $97-100M; Adj. EBITDA loss $15-17M; GAAP net loss $31-33M.","CEO cites weakening consumer demand and below-historical auction conversion rates driving guidance cut."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-023840","json":"https://secwatch.observer/filing/0000950170-22-023840.json","markdown":"https://secwatch.observer/filing/0000950170-22-023840.md","text":"https://secwatch.observer/filing/0000950170-22-023840.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637873/000095017022023840/0000950170-22-023840-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637873/000095017022023840/acva-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T01:23:23.957516+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31c05c7e567bed731a01cf7f5e90b9517ca427f4","claim":"ACV Auctions Inc. reported third quarter ended September 30, 2022 results: revenue $105 million. Guidance lowered.","evidence_excerpt":"Exhibit 99.1 ACV Announces Third Quarter 2022 Results Gains Market Share, Delivers Solid Revenue Growth and Margin Improvement Updates 2022 Guidance ● Third quarter revenue of $105 million, up 15% YoY ● Third quarter GAAP net loss of $24 million ● Third quarter Adjusted EBITDA loss of $12 million; Adjusted EBITDA margin expansion of ~200 basis points from third","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637873/000095017022023840/0000950170-22-023840-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2022"},{"label":"Revenue","value":"$105 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}