---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-020538"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:31:09.042745+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ACV Auctions Q1 revenue $120M (+16% YoY) beats guidance; raises full-year 2023 outlook

## Summary
- Q1 revenue of $120M, up 16% YoY, above guidance range.
- GAAP net loss of $18M; Adjusted EBITDA of -$6M, improved from -$18M YoY.
- Marketplace units 151,563 (+8% YoY); GMV $2.4B, flat YoY.
- Full-year 2023 guidance raised: revenue $468-478M (11-13% YoY growth), Adj EBITDA -$27 to -$32M.
- Q2 2023 guidance: revenue $117-120M, Adj EBITDA -$8 to -$10M.

## SEC filing metadata
- accession: 0000950170-23-020538
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000095017023020538/0000950170-23-020538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000095017023020538/acva-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-020538
- JSON: https://secwatch.observer/filing/0000950170-23-020538.json
- Plain text: https://secwatch.observer/filing/0000950170-23-020538.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.