ACV Q1 revenue $204M (+12% YoY); Adj. EBITDA $17M beats guidance; $100M buyback authorized

ACV Auctions Inc.

2026-Q1 EPS reported -$0.06 vs consensus -$0.08 ▲ beat (+21.6%)

Q1 revenue $204M (+12% YoY); Marketplace & Service revenue $182M (+10% YoY); Marketplace GMV $2.7B (+5%).
GAAP net loss ($11M) improved from ($15M) a year ago; non-GAAP net income $7M (flat YoY); Adj. EBITDA $17M vs guided $14-16M.
Board authorized $100M share repurchase program; intends $50M accelerated share repurchase in coming days.
Q2 guidance: revenue $213-217M (+10-12% YoY); Adj. EBITDA $18-20M. FY 2026 reaffirmed: rev $845-855M, Adj. EBITDA $73-77M.
CEO cited market share gains in dealer wholesale and launch of VIPER AI tool with select dealers; commercial wholesale pipeline expanding.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ACV Auctions Inc. reported first quarter ended March 31, 2026 results: revenue $204 million, net income ($11) million. Guidance reaffirmed.

Period: first quarter ended March 31, 2026
Revenue: $204 million
Net income: ($11) million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

with Adjusted EBITDA Exceeding Guidance Announces $100 Million Share Repurchase Authorization and $50 Million Accelerated Share Repurchase Program • First quarter revenue of $204 million • First quarter GAAP net income (loss) of ($11) million • First quarter non-GAAP net income of $7 million • First quarter Adjusted EBITDA of $17 million • Reaffirms 2026 revenue

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accession 0001637873-26-000019

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