ACV Q2 revenue $214M (+10%), beats EBITDA; CFO Zerella resigns, Fox promoted

ACV Auctions Inc.

Q2 revenue $214M, up 10% YoY; GAAP net loss $8M; non-GAAP net income $10M; Adjusted EBITDA $21M vs $19M.
Reaffirms FY26 guidance: revenue $845-855M, Adj. EBITDA $73-77M, GAAP loss $49-44M; Q3 revenue guide $219-225M.
CFO Bill Zerella resigns effective Aug 10, 2026 to join another company; stays advisory through Oct 2 at $125K salary.
Tim Fox promoted to CFO effective Aug 11, 2026; base $399K, 80% bonus, RSU $1.05M, PSU $450K.
Marketplace units flat at 211,472; GMV $2.7B flat YoY; dealer wholesale market headwinds noted.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Timothy Fox

Chief Financial Officer

ACVA · ACV Auctions Inc.

Effective: 2026-08-11
Filed: August 10, 2026, 4:11 PM ET

On August 10, 2026, the Company announced that it has promoted Timothy Fox, age 61, to Chief Financial Officer, effective as of August 11, 2026.

Departed

William Zerella

Chief Financial Officer

ACVA · ACV Auctions Inc.

Effective: 2026-08-10
Successor: Timothy Fox
Filed: August 10, 2026, 4:11 PM ET

On August 10, 2026, ACV Auctions Inc. (the "Company") announced that William Zerella informed the Company on August 6, 2026 of his intention to resign as Chief Financial Officer (“CFO”) of the Company to pursue an opportunity to serve as Chief Financial Officer of another company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Fox changed role as Chief Financial Officer at ACV Auctions Inc..

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

On August 10, 2026, the Company announced that it has promoted Timothy Fox, age 61, to Chief Financial Officer, effective as of August 11, 2026.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William Zerella resigned as Chief Financial Officer at ACV Auctions Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On August 10, 2026, ACV Auctions Inc. (the "Company") announced that William Zerella informed the Company on August 6, 2026 of his intention to resign as Chief Financial Officer (“CFO”) of the Company to pursue an opportunity to serve as Chief Financial Officer of another company.

View on SEC.gov

ACV Auctions Inc. filing history →

Source: SEC EDGAR

accession 0001637873-26-000031

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