secwatch.observer — SEC 8-K summary
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Issuer:     ACV Auctions Inc. (ACVA)
CIK:        0001637873
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001637873-25-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACV Q2 record revenue $194M (+21% YoY); Adj EBITDA $19M; FY guidance updated
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- Q2 revenue $194M (+21% YoY); Marketplace GMV $2.7B (+12%); units 210,429 (+13%).
- GAAP net loss improved to ($7M) from ($17M); Non-GAAP net income $12M vs $3M.
- Adjusted EBITDA $19M, up from $7M in Q2 2024; record levels for both revenue and Adj EBITDA.
- Q3 guidance: revenue $198-203M (16-18% YoY); Adj EBITDA $18-20M.
- FY 2025 revenue guidance set at $765-775M (20-22% YoY); Adj EBITDA midpoint held at $70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637873/000163787325000010/0001637873-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637873/000163787325000010/acva-20250811.htm
  HTML page:      https://secwatch.observer/filing/0001637873-25-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer