Business Description

ACV Auctions Inc. operates a digital wholesale automotive marketplace that connects buyers and sellers of used vehicles. Headquartered in Buffalo, New York, the company provides a B2B platform for franchise and independent dealers, fleet operators, and rental companies to source and sell inventory. It differentiates itself through proprietary inspection technology, AI-powered condition reports, and value-added services like transportation and short-term inventory financing.

Everything on ACV Auctions Inc.

Revenue (FY2025) $760M
YoY growth +19.2%
Operating margin -8.3%
Direction Expanding
Gross margin 52.4%
Net margin -8.7%

Earnings Transcripts

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Leadership & board

View leadership ↗
George Chamoun — Chief Executive Officer and Director View full profile ↗ William Zerella — Chief Financial Officer View full profile ↗ Vikas Mehta — Chief Operating Officer View full profile ↗ Michael Waterman — Chief Sales Officer View full profile ↗ Craig Anderson — Chief Corporate Development and Strategy Officer View full profile ↗ Leanne Fitzgerald — Chief Legal Officer and Secretary View full profile ↗ Robert P. Goodman — Independent Chair of the Board (Chair, Compensation Committee) View full profile ↗ Brian Hirsch — Director (Compensation Committee) View full profile ↗ Eileen Kamerick — Director (Chair, Audit Committee) View full profile ↗ Kirsten Castillo — Director (Chair, Nominating and Corporate Governance Committee) View full profile ↗ Rene F. Jones — Director (Audit Committee) View full profile ↗ Brian Radecki — Director (Audit and Compensation Committees) View full profile ↗

Share Repurchase Program

Total authorized
On May 5, 2026, ACV's Board of Directors authorized a share repurchase program of up to $100.0 million (disclosed as a subsequent event in the Q1 2026 Form 10-Q).
Remaining (Authorized May 5, 2026 (announced on the Q1 2026 earnings call, May 6, 2026))
Up to $100.0 million authorized; the company announced plans to enter into an accelerated share repurchase (ASR) agreement to repurchase an aggregate of $50 million of its Class A common stock in the days following the May 6, 2026 announcement.
Latest FY repurchased
No shares had been repurchased as of the authorization date; the $100 million program and the initial $50 million ASR were newly announced with the first-quarter 2026 results.

Named Competitors

Manheim (Cox Enterprises, Inc.)ADESA (Carvana)OPENLANE

Customer Concentration

No individual customer accounted for more than 10% of revenue for the years ended December 31, 2025, 2024 or 2023, and no individual customer accounted for more than 10% of accounts receivable at December 31, 2025 or 2024. Substantially all of ACV's revenue is earned, and trade and finance receivables are due, from automotive dealerships and commercial partners.

Recent SEC Filings

2026-06-02 Shareholder vote results View filing ↗
2026-05-13 Entered a material agreement View filing ↗
2026-05-06 Reported quarterly results View filing ↗
2026-02-23 Reported quarterly results View filing ↗
2025-12-18 Entered a material agreement View filing ↗
2025-11-05 Reported quarterly results View filing ↗
2025-09-11 Regulation FD disclosure View filing ↗
2025-08-11 Reported quarterly results View filing ↗
2025-07-01 Entered a material agreement View filing ↗
2025-06-03 Shareholder vote results View filing ↗
2025-05-07 Reported quarterly results View filing ↗
2025-02-19 Reported quarterly results View filing ↗

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