ACV Auctions Inc

Common Name

ACV Auctions

Country

United States

Sector

Consumer Cyclical

Industry

Auto & Truck Dealerships

Employees

2,900

Ticker

ACVA

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.acvauctions.com

Description

ACV Auctions Inc. is a leading provider of digital marketplace solutions for wholesale vehicle transactions. The company's platform enables wholesale vehicle dealers to buy and sell vehicles through a... Show more

Financial Statements of ACV Auctions

Below are the financial statements of ACV Auctions, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	224.07^a	182.57^a
Marketable securities	46.04^a	228.76^a
Trade receivables (net of allowance of $6,372 and $2,868)	168.77^a	164.01^a
Finance receivables (net of allowance of $4,191 and $3,428)	139.05^a	119.03^a
Other current assets	15.28^a	12.52^a
Total current assets	593.2^a	706.9^a
Assets	—	—
Property and equipment (net of accumulated depreciation of $5,227 and $4,462)	7.63^a	4.92^a
Goodwill	180.48^a	103.38^a
Acquired intangible assets (net of amortization of $28,972 and $17,534)	90.82^a	34.19^a
Internal-use software costs (net of amortization of $38,499 and $17,059)	68.57^a	55.77^a
Other assets	43.46^a	17.77^a
Total assets	984.15^a	922.92^a
Current liabilities	—	—
Accounts payable	345.61^a	305.85^a
Accrued payroll	16.73^a	12.25^a
Accrued other liabilities	18.84^a	15.85^a
Total current liabilities	381.17^a	333.94^a
Liabilities and stockholders' equity	—	—
Long-term debt	123^a	115^a
Other long-term liabilities	39.98^a	17.46^a
Total liabilities	544.15^a	466.4^a
Stockholders' equity	—	—
Preferred stock	0^a	0^a
Common stock - class A	0.17^a	0.14^a
Common stock - class B	0^a	0.02^a
Additional paid-in capital	944.89^a	880.51^a
Accumulated deficit	-502.32^a	-422.62^a
Accumulated other comprehensive loss	-2.74^a	-1.53^a
Total stockholders' equity	440^a	456.53^a
Total liabilities and stockholders' equity	984.15^a	922.92^a

Verified Sources Behind ACV Auctions’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ACV Auctions’s data sources below and access millions more through our Disclosure Search.

a. ACV Auctions's 10-K 2024

Trace every data point back to ACV Auctions’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

At Tracenable, we're exploring the launch of real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account

ACV Auctions Inc

Financial Statements of ACV Auctions

Verified Sources Behind ACV Auctions’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

Explore Peer Companies

Carvana Co

Lithia Motors Inc

Group 1 Automotive Inc

Penske Automotive Group Inc

CarGurus Inc

Atmus Filtration Technologies Inc