ACV Auctions Reports Strong Q4 2025 Results, Exceeding EBITDA Guidance, and Provides Positive 2026 Outlook

summarizeSummary

ACV Auctions reported Q4 2025 results that exceeded Adjusted EBITDA guidance and provided a positive 2026 outlook with projected double-digit revenue growth and significant Adjusted EBITDA expansion.

check_boxKey Events

• Exceeded Q4 2025 Adjusted EBITDA Guidance

  ACV Auctions reported fourth-quarter 2025 revenue of $184 million, a 15% increase year-over-year, and Adjusted EBITDA of $8 million, which exceeded the high-end of their guidance.

• Strong Full-Year 2025 Performance

  For the full year 2025, the company achieved $760 million in revenue, up 19% year-over-year, and more than doubled its Adjusted EBITDA to $59 million compared to $28 million in 2024.

• Positive Full-Year 2026 Guidance

  The company projects full-year 2026 revenue between $845 million and $855 million (11% to 13% YoY growth) and Adjusted EBITDA between $73 million and $77 million, representing approximately 28% year-over-year growth at the midpoint.

• Narrowing GAAP Net Loss

  While still reporting GAAP net losses, the Q4 2025 GAAP net loss narrowed to ($20) million from ($26) million in Q4 2024, with further narrowing projected for full-year 2026 to ($54) million to ($50) million.

auto_awesomeAnalysis

ACV Auctions Inc. reported strong fourth-quarter and full-year 2025 financial results, with Q4 revenue at the high-end of guidance and Adjusted EBITDA exceeding the high-end of guidance. The company demonstrated significant year-over-year growth in both revenue and Adjusted EBITDA for the full year. Furthermore, the provided 2026 guidance projects continued double-digit revenue growth and substantial Adjusted EBITDA expansion, signaling ongoing operational improvements and a path towards improved profitability, despite still reporting GAAP net losses. This performance and outlook suggest a positive trajectory for the company's financial health and market position.