Acv Auctions Inc. · NYSE:ACVA
Acv Auctions — Q1 2026 Earnings Presentation
27 slides from Acv Auctions's earnings presentation, May 6, 2026
Slide 1: Q1-26 Earnings Presentation
HIGHLIGHTS Q1-26 EARNINGS PRESENTATION MAY 6, 2026 © 2026 ACV Auctions, Inc.
Slide 2: Forward Looking Statements; Information About Key Operating and Financial Metrics
HIGHLIGHTS FORWARD LOOKING Statements in this presentation regarding future performance and future expectations, beliefs, goals, plans or prospects include forward looking statements for purposes of federal and state securities laws, including statements regarding ACV’s avenues for long STATEMENTS t
Slide 3: Highlights - George Chamoun, CEO
HIGHLIGHTS HIGHLIGHTS George Chamoun CHIEF EXECUTIVE OFFICER
Slide 4: Q1-25 vs Q1-26 revenue, units and Adjusted EBITDA
HIGHLIGHTS Q1-25 Q1-26 $183M Revenue $204M YoY Revenue 25% Growth 12% Marketplace 208K Units 213K Adjusted $14M EBITDA $17M 4
Slide 5: Maximizing Long-Term Shareholder Value
HIGHLIGHTS MAXIMIZING LONG-TERM SHAREHOLDER VALUE Leveraging technology to extend ACV’s competitive moat and to create additional growth I N N O VAT I O N vectors with an expanding suite of innovative products and data services. GRO WTH SCALE Transforming the automotive market with the leading Prove
Slide 6: Growth
HIGHLIGHTS GROWTH GROWTH
Slide 7: Investing in Dealer Wholesale Growth
GROWTH Investing in Dealer Wholesale Growth Expanding field capacity Quarterly record of sellers and buyers Continued momentum of No Reserve sales 7
Slide 8: Transportation and Capital growth highlights
GROWTH 18% revenue growth with >120,000 Strong revenue growth of 30% YoY transports Revenue margin in line with mid-term Expanding TAM targets Off-Platform transportation services Managing risk gaining further traction 8
Slide 9: Powering Next Gen Auto Platform
GROWTH Powering Next Gen Auto Platform AI-driven condition capture Real-time valuation and pricing Guidance on every vehicle 9
Slide 10: Commercial Wholesale
GROWTH Commercial Wholesale 12% Final stages of software development 34% 25% ~6M Engaging with major national Commercial consignors TAM 29% On track to deliver mid-term target volumes Off-Lease Rental Repo Fleet Integrations Data & Decisions Commercial Inspections Platform 10
Slide 11: Scale - Bill Zerella, CFO
SCALE Bill Zerella CHIEF FINANCIAL OFFICER
Slide 12: Solid Q1-26 Performance
SCALE Solid Q1-26 Performance REVENUE ($M) % YOY GROWTH ADJ. EBITDA ($M) ADJ. EBITDA MARGIN NON-GAAP NET INCOME ($M) NON-GAAP NET INCOME MARGIN $775M 25% 12% 8% 8% 4% 4% 5% $200 - $204 $204 37% $14 - $16 $17 $183 $5 - $7 $14 $7 $7 6% 36% 37% 34% 58% 56% 56% Q1-25 Q1-26 Q1-26 Q1-25 Q1-26 Q1-26 Q1-25
Slide 13: Diversified Revenue Streams
SCALE Diversified Revenue Streams $204M ‘25-’26 YoY Revenue Breakdown ($M) $183M 4% (2%) YOY SAAS & DATA SERVICES 5% SAAS PRODUCTS 39% DATA-ENABLED SOLUTIONS 37% 37% 19% YOY MARKETPLACE SERVICES TRANSPORTATION CAPITAL 57% 58% 59% 9% AUCTION & ASSURANCE YOY AUCTION FEES GO GREEN/GUARANTEE ASSURANCE Q
Slide 14: Delivering Scale
SCALE Delivering Scale NON-GAAP COST OF REVENUE NON-GAAP OPERATING EXPENSE (EX. COR) % OF REVENUE % OF REVENUE 50% 48% 47% 45% Q1-25 Q1-26 Q1-25 Q1-26 Note: Refer to the Appendix for information on the GAAP to non-GAAP reconciliations 14
Slide 15: Balancing Growth and Investments
SCALE Balancing Growth and Investments ADJ. EBITDA MARGIN ADJ. EBITDA ($M) NON-GAAP OPERATING EXPENSE (EX. COR) ($M) % YOY GROWTH ($18) $28 $59 $75 8% 22% 12% 8% 9% $397 8% $366 $327 4% $268 (4%) 2023 2024 2025 2026G 2023 2024 2025 2026G Note: 2026 refers to the midpoint of guidance Refer to the App
Slide 16: Strong Capital Position and Cash Flow
SCALE Strong Capital Position and Cash Flow ($M) As of March 31, 2026 OPERATING CASH FLOW ($M) Cash and Cash Equivalents $341 (Includes ~$230 of Marketplace float) 15% Growth YoY ACV Capital Receivables $190 $77 $67 Long Term Debt $200 Total Assets $1,235 Total Liabilities $804 Q1-25 Q1-26 16
Slide 17: Guidance
SCALE Guidance Q2-26 2026 (dollars in millions) Dealer wholesale market expected to decline in the mid-single digits year over Revenue $213 to $217 $845 to $855 year YoY Growth 10% to 12% 11% to 13% GAAP Net Income (Loss) ($14) to ($12) ($51) to ($47) Conversion rates and wholesale price depreciatio
Slide 18: Wrap Up
HIGHLIGHTS Executing on Growth Strategy and Gaining Share Delivering on Product Roadmap and Broadening Competitive Moat Wrap Up Expanding Addressable Market Driving Profitable Growth Through Scalable Business Model Building World Class Team with People-First Culture 18
Slide 19: HIGHLIGHTS
HIGHLIGHTS © 2026 ACV Auctions, Inc.
Slide 20: Appendix
HIGHLIGHTS APPENDIX
Slide 21: GAAP Net Income (Loss) to Non-GAAP Net Income to Adjusted EBITDA Reconciliations
HIGHLIGHTS GAAP Net Income (Loss) to Non-GAAP Net Income (Loss) to Adjusted EBITDA Reconciliations Note: Tricolor operating expenses are related to the bankruptcy of an ACV Capital customer which we do not consider to be representative of our ongoing operating performance.
Slide 22: GAAP to Non-GAAP Operating Cost Reconciliation
HIGHLIGHTS GAAP to Non-GAAP Operating Cost Reconciliation
Slide 23: GAAP to Non-GAAP Net Income Guidance Reconciliation
HIGHLIGHTS GAAP to Non-GAAP Net Income Guidance Reconciliation
Slide 24: Information About Non-GAAP Financial Measures
HIGHLIGHTS ACV provides supplemental non-GAAP financial measures to its financial results. We use these non-GAAP financial measures, and we believe that they assist our investors to make period-to-period comparisons of our operating performance because they provide a INFORMATION ABOUT view of our op
Slide 25: Information About Non-GAAP Financial Measures (Con't)
Non-GAAP net income (loss), and non-GAAP operating expenses, are financial measures that are not presented in accordance with HIGHLIGHTS GAAP, provide investors with additional useful information to measure operating performance and current and future liquidity when taken together with our financial
Slide 26: Key Operating and Financial Metrics
HIGHLIGHTS KEY OPERATING AND We regularly monitor the following operating and financial metrics in order to measure our current performance and estimate our future performance. Our key operating and financial metrics may be calculated in a manner different than FINANCIAL METRICS similar business met
Slide 27: Forward Looking Statements
HIGHLIGHTS This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amen ded, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning our finan cial guidance for the