{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-017935","form_type":"8-K","ticker":"ACVA","cik":"0001637873","company_name":"ACV Auctions Inc.","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.934522+00:00","generated_at":"2026-06-05T22:07:26.449346+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ACV Q4 revenue $118M (+21% YoY); guides FY2024 rev $610-625M, Adj EBITDA $20-25M","bullets":["Q4 GAAP net loss $23M; full-year loss $75M vs $56M Adj EBITDA loss (improved from $56M loss in 2022).","Marketplace units 143,999 (+15% YoY); GMV $1.8B (+6% YoY) despite industry headwinds.","FY2024 revenue guidance $610-625M (27-30% growth); Adj EBITDA $20-25M vs ($18)M in 2023.","Recently acquired Texas auction group expected to contribute ~5% of 2024 revenue and be accretive to Adj EBITDA.","Q1 2024 guidance: rev $141-146M (+18-22% YoY); Adj EBITDA $2-4M (first positive quarterly Adj EBITDA)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-017935","json":"https://secwatch.observer/filing/0000950170-24-017935.json","markdown":"https://secwatch.observer/filing/0000950170-24-017935.md","text":"https://secwatch.observer/filing/0000950170-24-017935.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/0000950170-24-017935-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/acva-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T22:07:26.449346+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":"d06763723a50b6fd114c4f0246861d32f9f3ce4e","claim":"ACV Auctions Inc. reported financial results for the quarter and year ended December 31, 2023.","evidence_excerpt":"On February 21, 2024, ACV Auctions Inc. (the \"Company\") issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/0000950170-24-017935-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"db3774ea6fe5bd9d0f3455c68a887bfb463bf20d","claim":"ACV Auctions Inc. updated its First Quarter and Full-Year 2024 guidance (initiated).","evidence_excerpt":"First Quarter of 2024: o Total revenue of $141 to $146 million, an increase of 18% to 22% year over year o GAAP net income (loss) of ($15) to ($13) million o Non-GAAP net income of $0 to $2 million o Adjusted EBITDA of $2 to $4 million • Full-Year 2024: o Total revenue of $610 to $625 million, an increase of 27% to 30% year over year o GAAP net income (loss) of ($62) to ($57) million o Non-GAAP net income of $3 to $8 million o Adjusted EBITDA of $20 to $25 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/0000950170-24-017935-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First Quarter and Full-Year 2024"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}