---
schema_version: "secwatch.filing_event.v1"
accession: "0001637873-26-000031"
form_type: "8-K"
ticker: "ACVA"
cik: "0001637873"
company_name: "ACV Auctions Inc."
filed_at: "2026-08-10T20:11:55+00:00"
generated_at: "2026-08-10T20:13:17.902762+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001637873-26-000031
- form_type: 8-K
- ticker: ACVA
- cik: 0001637873
- company_name: ACV Auctions Inc.
- filed_at: 2026-08-10T20:11:55+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000031/0001637873-26-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000031/acva-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637873-26-000031
- JSON: https://secwatch.observer/filing/0001637873-26-000031.json
- Plain text: https://secwatch.observer/filing/0001637873-26-000031.txt

## Key facts
- Executive change
  Timothy Fox changed role as Chief Financial Officer at ACV Auctions Inc..
  - Action: promoted
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000031/0001637873-26-000031-index.htm
- Executive change
  William Zerella resigned as Chief Financial Officer at ACV Auctions Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637873/000163787326000031/0001637873-26-000031-index.htm

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