← ACV Auctions Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue: | $106.8m | $208.4m | $358.4m | $421.5m | $481.2m | $637.2m | $759.6m | $781.1m | |
| Cost of revenue (excluding depreciation & amortization) | $82.8m |
$113.0m
+36.57%
|
$204.8m
+81.12%
|
$236.7m
+15.58%
|
$244.5m
+3.30%
|
$304.4m
+24.54%
|
$361.4m
+18.71%
|
$376.8m
+4.27%
|
|
| Selling, general, and administrative | $62.4m | $64.9m | $121.2m | $143.6m | $166.5m | $217.4m | $235.0m | $232.2m | |
| Total operating expenses | $186.1m | $249.0m | $435.2m | $527.7m | $570.9m | $721.3m | $822.8m | $839.1m | |
| Loss from operations | ($79.3m) |
($40.6m)
+48.73%
|
($76.8m)
-88.96%
|
($106.2m)
-38.28%
|
($89.7m)
+15.57%
|
($84.1m)
+6.21%
|
($63.2m)
+24.87%
|
— | |
| Interest expense | $0 | ($633k) | ($782k) | ($979k) | ($1.6m) | ($4.2m) | ($9.6m) | $10.5m | |
| Interest income | $2.1m | $748k | $129k | $5.1m | $16.5m | $9.3m | $8.0m | $7.8m | |
| Total loss before income taxes | ($77.2m) | ($40.5m) | ($77.5m) | ($102.1m) | ($74.7m) | ($79.0m) | ($64.8m) | — | |
| Provision for income taxes | $27k | $489k | $724k | $87k | $526k | $688k | $1.3m | — | |
| Net loss | ($77.2m) | ($41.0m) | ($78.2m) | ($102.2m) | ($75.3m) | ($79.7m) | ($66.1m) | — | |
| Net loss per share - basic (in dollars per share) | ($4) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Net loss per share - diluted (in dollars per share) | ($4) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Weighted-average shares - basic (in shares) | — | $21.6m | $125.3m | $157.0m | $160.0m | $164.9m | $170.6m | — | |
| Weighted-average shares - diluted (in shares) | — | $21.6m | $125.3m | $157.0m | $160.0m | $164.9m | $170.6m | — | |
| Operations and technology | $39.6m | $65.0m | $101.1m | $136.5m | $141.0m | $162.7m | $182.7m | — | |
| Depreciation and amortization | $1.3m | $6.1m | $8.3m | $10.9m | $19.0m | $36.7m | $43.7m | $45.1m | |
| Total other (expense) income | $2.1m | $115k | ($653k) | $4.1m | $14.9m | $5.1m | ($1.6m) | — |