---
schema_version: "secwatch.filing_event.v1"
accession: "0001637873-26-000019"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:45:47.302880+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001637873-26-000019
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000019/0001637873-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000019/acva-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637873-26-000019
- JSON: https://secwatch.observer/filing/0001637873-26-000019.json
- Plain text: https://secwatch.observer/filing/0001637873-26-000019.txt

## Source-grounded claims
- claim_id: 52bda1aabe527cd5fcd18dc7fee02b33017ef69e
  claim: ACV Auctions Inc. reported first quarter ended March 31, 2026 results: revenue $204 million, net income ($11) million. Guidance reaffirmed.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000019/0001637873-26-000019-index.htm

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