---
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"
generated_at: "2026-06-05T22:07:26.449346+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ACV Q4 revenue $118M (+21% YoY); guides FY2024 rev $610-625M, Adj EBITDA $20-25M

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-017935
- JSON: https://secwatch.observer/filing/0000950170-24-017935.json
- Plain text: https://secwatch.observer/filing/0000950170-24-017935.txt

## Key facts
- Earnings Releases
  ACV Auctions Inc. reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/0000950170-24-017935-index.htm
- Earnings Releases
  ACV Auctions Inc. updated its First Quarter and Full-Year 2024 guidance (initiated).
  - Period: First Quarter and Full-Year 2024
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1637873/000095017024017935/0000950170-24-017935-index.htm

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