secwatch.observer — SEC 8-K summary
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Issuer:     ACV Auctions Inc. (ACVA)
CIK:        0001637873
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001637873-25-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACV Auctions Q3 2025: Revenue $200M (+16% YoY), GAAP net loss $24M; guides Q4 revenue $180-184M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637873/000163787325000019/0001637873-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637873/000163787325000019/acva-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001637873-25-000019

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