{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-039065","form_type":"8-K","ticker":"ACVA","cik":"0001637873","company_name":"ACV Auctions Inc.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.644310+00:00","generated_at":"2026-06-12T04:21:19.290044+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ACV Q2 revenue $124M (+8% YoY) beats guidance; raises FY 2023 outlook","bullets":["Q2 revenue $124M (+8% YoY); GAAP net loss $16M; Adjusted EBITDA -$4M (above guidance range).","Marketplace & Service revenue $109M (+12%); Marketplace GMV $2.5B (-10%); Units 153,148 (+3%).","FY 2023 guidance raised: revenue $474-482M (12-14% growth); Adj EBITDA -$23 to -$27M.","Q3 2023 guidance: revenue $115-119M (+9-13%); Adj EBITDA -$8 to -$10M.","Management cites share gains and expanding dealer network, expects vehicle supply recovery."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-039065","json":"https://secwatch.observer/filing/0000950170-23-039065.json","markdown":"https://secwatch.observer/filing/0000950170-23-039065.md","text":"https://secwatch.observer/filing/0000950170-23-039065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637873/000095017023039065/0000950170-23-039065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637873/000095017023039065/acva-20230807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T04:21:19.290044+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":"4abb050a10c9b7e0069a53f268a5be673063b1bb","claim":"ACV Auctions Inc. reported second quarter ended June 30, 2023 results: revenue $124 million, net income ($16) million. Guidance raised.","evidence_excerpt":"(EX-99.1) --- EX-99.1 ACV Announces Second Quarter 2023 Results Delivers Record Revenue with Adjusted EBITDA Ahead of Guidance Raises 2023 Guidance ● Second quarter revenue of $124 million, up 8% year over year ● Second quarter GAAP net income (loss) of ($16) million ● Second quarter Adjusted EBITDA of ($4) million ● Updating 2023 guidance: o Revenue of $474","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637873/000095017023039065/0000950170-23-039065-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$124 million"},{"label":"Net income","value":"($16) million"},{"label":"Guidance","value":"raised"},{"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"}