The revenue beat and buyback provide short-term tailwinds, but GAAP losses persist. Watch for wholesale market trends (expected to decline mid-single digits) and execution on commercial strategy for sustained growth.
Price Chart
Executive Summary
ACV Auctions reported Q1 2026 revenue of $204M (+12% YoY), a record, with Adjusted EBITDA of $17M exceeding guidance. GAAP EPS was -$0.06, in line with consensus. The company reaffirmed full-year 2026 guidance and announced a $100M share repurchase authorization, including a $50M accelerated repurchase.
Key Financial Metrics
Key Facts
- Revenue $204.2M, +12% YoY, a record
- GAAP EPS -$0.06, in line with consensus of -$0.06
- Adjusted EBITDA $17.1M, above guidance range of $14-16M
- Q2 2026 guidance: revenue $213-217M, Adj. EBITDA $18-20M
- Full-year 2026 guidance reaffirmed: revenue $845-855M, Adj. EBITDA $73-77M
- Announced $100M share repurchase authorization with $50M accelerated repurchase
Financial Impact
Revenue beat implicit expectations, Adj. EBITDA exceeded guided range, and $100M buyback (~10% of market cap) supports stock
Risk Factors
- GAAP net loss continues, though narrowing
- Wholesale used-car market expected to decline mid-single digits in 2026
- Customer assurance revenue growth may be lumpy
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001637873-26-000019 |
| Document: acva-20260506.htm | 0001637873-26-000019 |
| Document: 0001637873-26-000019-index-headers.html | 0001637873-26-000019 |
| Document: 0001637873-26-000019-index.html | 0001637873-26-000019 |
| Document: 0001637873-26-000019.txt | 0001637873-26-000019 |
| 8-K Data (Synthetic) | 0001637873-26-000019 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 11, 2026 7w ago | Institutional Cluster | $7.76 $7.22 | ▼ −6.96% | ▼ −5.06% | $10.45 (+34.66%) |
Jun 11, 2026 16w ago | Institutional Cluster | $6.45 $6.92 | ▼ −7.29% | ▼ −5.40% | $10.45 (−62.02%) |
May 6, 2026 21w ago | 8-K | $6.50 $5.81 | ▼ −10.62% | ▼ −13.75% | $10.45 (+60.77%) |
US Market Status
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