---
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"
generated_at: "2026-06-12T04:21:19.290044+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACV Q2 revenue $124M (+8% YoY) beats guidance; raises FY 2023 outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039065
- JSON: https://secwatch.observer/filing/0000950170-23-039065.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039065.txt

## Key facts
- Earnings Releases
  ACV Auctions Inc. reported second quarter ended June 30, 2023 results: revenue $124 million, net income ($16) million. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $124 million
  - Net income: ($16) million
  - Guidance: raised
  - Result: reported results
  source text: (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_url: https://www.sec.gov/Archives/edgar/data/1637873/000095017023039065/0000950170-23-039065-index.htm

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