ACV Q2 FY26 net loss widens to $8 million; revenue rises 10% to $214 million
Reuters2026/08/10 20:13Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ACV Auctions posted Q2 revenue of USD 214 million, up 10% year over year, as adjusted EBITDA rose to USD 21 million from USD 19 million.
- GAAP net loss widened to USD 8 million, or USD 0.05 per share, from a USD 7 million loss a year earlier.
- Marketplace units were 211,472, roughly flat year over year, while marketplace GMV held at USD 2.7 billion.
- Management cited market share gains in dealer wholesale, strong adoption of Marketplace Services, and continued expansion of its AI-powered VIPER offering.
- Guidance was reaffirmed for 2026 revenue of USD 845 million to USD 855 million, with adjusted EBITDA of USD 73 million to USD 77 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ACV Auctions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608101605BIZWIRE_USPR_____20260810_BW243859) on August 10, 2026, and is solely responsible for the information contained therein.
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