Brief: ACV Auctions Q2 Basic EPS USD -0.04

ACV Auctions

11/08/2025 21:05

Overview

ACV Auctions Q2 rev grows 21% yr/yr to $194 mln

Adjusted EBITDA of $19 mln missed analyst expectations, per LSEG data

Co updates 2025 revenue guidance, maintaining midpoint of Adjusted EBITDA guidance

Outlook

ACV expects Q3 revenue of $198 mln to $203 mln

Company forecasts full-year revenue of $765 mln to $775 mln

ACV anticipates Q3 GAAP net loss of $13 mln to $11 mln

Company sees full-year Adjusted EBITDA of $68 mln to $72 mln

Result Drivers

MARKET SHARE GAINS - Co attributes record revenue to continued market share gains and strong adoption of Marketplace Services

DEALER SOLUTIONS - Suite of dealer solutions gained further market traction, supporting commercial wholesale strategy

WHOLESALE MARKET - Dealer wholesale market grew modestly with decelerating demand, prompting updated revenue guidance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
-$7.30 mln
Q2 Adjusted EBITDA
Miss
$19 mln
$19.40 mln (12 Analysts)
Q2 Basic EPS
-$0.04
Q2 Operating Expenses
$200.90 mln
Q2 Operating Income
-$7.20 mln
Q2 Pretax Profit
-$7.33 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for ACV Auctions Inc is $23.50, about 42% above its August 8 closing price of $13.62

Press Release: ID:nGNXbkmPBZ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)