ACV Auctions Inc
NASDAQ:ACVA
Income Statement
Earnings Waterfall
ACV Auctions Inc
Income Statement
ACV Auctions Inc
| Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
3
|
4
|
6
|
7
|
9
|
|
| Revenue |
107
N/A
|
131
+23%
|
154
+17%
|
190
+23%
|
208
+10%
|
235
+13%
|
288
+22%
|
312
+8%
|
358
+15%
|
393
+10%
|
410
+5%
|
424
+3%
|
422
-1%
|
438
+4%
|
447
+2%
|
461
+3%
|
481
+4%
|
507
+5%
|
544
+7%
|
596
+10%
|
637
+7%
|
674
+6%
|
707
+5%
|
735
+4%
|
|
| Gross Profit | |||||||||||||||||||||||||
| Cost of Revenue |
(83)
|
(99)
|
(104)
|
(111)
|
(113)
|
(123)
|
(157)
|
(177)
|
(205)
|
(227)
|
(237)
|
(242)
|
(237)
|
(236)
|
(235)
|
(237)
|
(244)
|
(253)
|
(268)
|
(289)
|
(304)
|
(319)
|
(332)
|
(343)
|
|
| Gross Profit |
24
N/A
|
32
+34%
|
50
+57%
|
79
+57%
|
95
+21%
|
112
+18%
|
131
+17%
|
135
+3%
|
154
+14%
|
166
+8%
|
173
+4%
|
182
+5%
|
185
+2%
|
203
+10%
|
213
+5%
|
224
+6%
|
237
+6%
|
254
+7%
|
275
+8%
|
307
+11%
|
333
+8%
|
355
+7%
|
376
+6%
|
392
+4%
|
|
| Operating Income | |||||||||||||||||||||||||
| Operating Expenses |
(103)
|
(125)
|
(131)
|
(133)
|
(136)
|
(142)
|
(166)
|
(198)
|
(230)
|
(254)
|
(276)
|
(286)
|
(291)
|
(301)
|
(306)
|
(315)
|
(326)
|
(342)
|
(361)
|
(387)
|
(411)
|
(428)
|
(438)
|
(443)
|
|
| Selling, General & Administrative |
(62)
|
(73)
|
(73)
|
(67)
|
(66)
|
(66)
|
(80)
|
(104)
|
(125)
|
(138)
|
(148)
|
(150)
|
(152)
|
(159)
|
(165)
|
(171)
|
(177)
|
(187)
|
(198)
|
(213)
|
(229)
|
(237)
|
(239)
|
(237)
|
|
| Depreciation & Amortization |
(2)
|
(2)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(15)
|
(19)
|
(23)
|
(29)
|
(33)
|
(37)
|
(39)
|
(41)
|
(43)
|
|
| Other Operating Expenses |
(39)
|
(49)
|
(55)
|
(61)
|
(63)
|
(69)
|
(79)
|
(87)
|
(97)
|
(108)
|
(119)
|
(126)
|
(127)
|
(130)
|
(128)
|
(128)
|
(130)
|
(131)
|
(134)
|
(140)
|
(146)
|
(151)
|
(157)
|
(163)
|
|
| Operating Income |
(79)
N/A
|
(93)
-18%
|
(81)
+13%
|
(54)
+33%
|
(41)
+25%
|
(30)
+26%
|
(35)
-17%
|
(63)
-81%
|
(77)
-22%
|
(88)
-15%
|
(104)
-17%
|
(104)
0%
|
(106)
-2%
|
(98)
+7%
|
(93)
+5%
|
(90)
+3%
|
(90)
+1%
|
(88)
+2%
|
(85)
+3%
|
(80)
+6%
|
(79)
+2%
|
(73)
+8%
|
(62)
+14%
|
(50)
+19%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||
| Interest Income Expense |
2
|
2
|
2
|
1
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
2
|
4
|
7
|
11
|
14
|
15
|
15
|
12
|
9
|
5
|
3
|
1
|
(1)
|
|
| Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
(4)
|
(5)
|
(5)
|
(6)
|
(3)
|
(2)
|
(21)
|
|
| Pre-Tax Income |
(77)
N/A
|
(91)
-18%
|
(79)
+13%
|
(53)
+33%
|
(41)
+23%
|
(30)
+25%
|
(36)
-17%
|
(64)
-79%
|
(78)
-22%
|
(89)
-15%
|
(104)
-17%
|
(103)
+1%
|
(102)
+1%
|
(91)
+11%
|
(82)
+10%
|
(77)
+6%
|
(75)
+3%
|
(77)
-3%
|
(78)
-2%
|
(76)
+3%
|
(79)
-4%
|
(73)
+7%
|
(64)
+13%
|
(72)
-12%
|
|
| Net Income | |||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
|
| Income from Continuing Operations |
(77)
|
(91)
|
(79)
|
(53)
|
(41)
|
(31)
|
(36)
|
(64)
|
(78)
|
(90)
|
(105)
|
(104)
|
(102)
|
(91)
|
(82)
|
(77)
|
(75)
|
(78)
|
(79)
|
(77)
|
(80)
|
(74)
|
(64)
|
(73)
|
|
| Net Income (Common) |
(77)
N/A
|
(91)
-18%
|
(79)
+13%
|
(53)
+33%
|
(41)
+23%
|
(31)
+25%
|
(36)
-17%
|
(64)
-77%
|
(78)
-22%
|
(90)
-15%
|
(105)
-16%
|
(104)
+1%
|
(102)
+2%
|
(91)
+11%
|
(82)
+10%
|
(77)
+7%
|
(75)
+2%
|
(78)
-3%
|
(79)
-2%
|
(77)
+3%
|
(80)
-4%
|
(74)
+7%
|
(64)
+13%
|
(73)
-13%
|
|
| EPS (Diluted) |
-0.5
N/A
|
-0.59
-18%
|
-0.52
+12%
|
-0.35
+33%
|
-0.27
+23%
|
-0.2
+26%
|
-0.23
-15%
|
-0.41
-78%
|
-0.62
-51%
|
-0.58
+6%
|
-0.68
-17%
|
-0.67
+1%
|
-0.65
+3%
|
-0.58
+11%
|
-0.52
+10%
|
-0.48
+8%
|
-0.47
+2%
|
-0.48
-2%
|
-0.48
N/A
|
-0.47
+2%
|
-0.48
-2%
|
-0.45
+6%
|
-0.38
+16%
|
-0.43
-13%
|
|