← ACV Auctions Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $233.7m | $566.0m | $280.8m | $182.6m | $224.1m | $271.5m | |
| Trade receivables (net of allowance of $3,829 and $6,372) | $104.1m | $222.8m | $168.7m | $164.0m | $168.8m | $197.2m | |
| Finance receivables (net of allowance of $29,026 and $4,191) | $8.5m | $44.3m | $78.0m | $119.0m | $139.0m | $180.5m | |
| Other current assets | $8.0m | $10.6m | $11.3m | $12.5m | $15.3m | $24.3m | |
| Total current assets | $354.4m | $857.4m | $754.8m | $706.9m | $593.2m | $673.5m | |
| Property and equipment (net of accumulated depreciation of $6,589 and $5,227) | $4.9m | $4.9m | $5.7m | $4.9m | $7.6m | $12.9m | |
| Internal-use software costs (net of amortization of $67,874 and $38,499) | $7.8m | $17.8m | $37.0m | $55.8m | $68.6m | $82.0m | |
| Goodwill | $21.8m | $78.8m | $91.8m | $103.4m | $180.5m | $183.7m | |
| Acquired intangible assets (net of amortization of $40,202 and $28,972) | $11.5m | $18.1m | $19.3m | $34.2m | $90.8m | $81.0m | |
| Other assets | $2.1m | $2.6m | $6.4m | $17.8m | $43.5m | $52.5m | |
| Marketable securities | — | $13.8m | $215.9m | $228.8m | $46.0m | $0 | |
| Total assets | $404.6m | $983.0m | $914.9m | $922.9m | $984.1m | $1.1b | |
| Total liabilities and stockholders' equity | $404.6m | $983.0m | $914.9m | $922.9m | $984.1m | $1.1b | |
| Accounts payable | $152.0m | $396.0m | $323.7m | $305.8m | $345.6m | $390.8m | |
| Accrued payroll | $8.1m | $12.0m | $10.1m | $12.2m | $16.7m | $9.3m | |
| Accrued other liabilities | $4.4m | $9.8m | $14.5m | $15.9m | $18.8m | $20.7m | |
| Total current liabilities | $166.7m | $423.4m | $348.2m | $333.9m | $381.2m | $420.8m | |
| Long-term debt | $4.8m | $500k | $75.5m | $115.0m | $123.0m | $190.0m | |
| Other long-term liabilities | $5.1m | $952k | $5.5m | $17.5m | $40.0m | $45.1m | |
| Total liabilities | $177.9m | $426.9m | $429.2m | $466.4m | $544.1m | $655.9m | |
| Preferred stock; $0.001 par value; 20,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock | $22k | $156k | $158k | $162k | $168k | $173k | |
| Additional paid-in capital | $27.3m | $801.1m | $836.7m | $880.5m | $944.9m | $996.6m | |
| Accumulated deficit | ($167.0m) | ($245.2m) | ($347.4m) | ($422.6m) | ($502.3m) | ($568.5m) | |
| Accumulated other comprehensive income (loss) | ($57k) | ($40k) | ($3.8m) | ($1.5m) | ($2.7m) | $1.3m | |
| Common stock, shares authorized (in shares) | — | — | — | — | $2.2b | $2.0b | |
| Total stockholders' equity | ($139.7m) | $556.1m | $485.7m | $456.5m | $440.0m | $429.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.