earnings
confidence high
sentiment neutral
materiality 0.75
ACV Auctions Q3 2025: Revenue $200M (+16% YoY), GAAP net loss $24M; guides Q4 revenue $180-184M
ACV Auctions Inc.
2025-Q3 EPS
reported -$0.27
vs consensus -$0.06
▼ miss
(-381.3%)
- Record quarter: revenue $200M, unit volume 218,065 (+10% YoY), marketplace GMV $2.7B (+9% YoY).
- GAAP net loss $24M (vs $16M loss YoY); non-GAAP net income $11M; Adjusted EBITDA $19M (+73% YoY).
- Q4 revenue guidance $180-184M (+13-15% YoY); full-year 2025 revenue $756-760M (+19% YoY).
- Macro headwinds: dealer wholesale market expected to decline mid-single digits in Q4, conversion rates below seasonal patterns.