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ACV Auctions (ACVA) Revenue & Revenue Breakdown

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ACV Auctions Revenue Highlights

Latest Revenue (Y)

$481.23M

Latest Revenue (Q)

$171.33M

Main Segment (Y)

Marketplace And Service Revenue

ACV Auctions Revenue by Period

ACV Auctions Revenue by Year

DateRevenueChange
2023-12-31$481.23M14.16%
2022-12-31$421.53M17.60%
2021-12-31$358.44M72.03%
2020-12-31$208.36M95.01%
2019-12-31$106.85M-

ACV Auctions generated $481.23M in revenue during NA 2023, up 14.16% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

ACV Auctions Revenue by Quarter

DateRevenueChange
2024-09-30$171.33M6.66%
2024-06-30$160.62M10.25%
2024-03-31$145.69M23.07%
2023-12-31$118.38M-0.54%
2023-09-30$119.01M-4.19%
2023-06-30$124.22M3.84%
2023-03-31$119.63M22.10%
2022-12-31$97.97M-7.06%
2022-09-30$105.42M-8.39%
2022-06-30$115.07M11.65%
2022-03-31$103.06M2.88%
2021-12-31$100.18M9.13%
2021-09-30$91.80M-5.73%
2021-06-30$97.37M40.95%
2021-03-31$69.09M28.50%
2020-12-31$53.76M-20.30%
2020-09-30$67.46M50.26%
2020-06-30$44.90M6.30%
2020-03-31$42.24M58.12%
2019-09-30$26.71M-
2019-06-30$26.71M-
2019-03-31$26.71M-

ACV Auctions generated $171.33M in revenue during Q3 2024, up 6.66% compared to the previous quarter, and up 137.93% compared to the same period a year ago.

ACV Auctions Revenue Breakdown

ACV Auctions Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Other Marketplace Revenue$179.00M$152.96M-
Auction Marketplace Revenue$210.93M$175.72M$164.22M
Marketplace And Service Revenue$422.53M$361.58M$308.35M
Data Services Revenue-$32.91M-
Transportation Data And Other Services Revenue--$144.13M

ACV Auctions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Marketplace And Service Revenue (52.01%), Auction Marketplace Revenue (25.96%), and Other Marketplace Revenue (22.03%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Auction Marketplace Revenue$84.89M$67.33M$51.02M$51.39M$54.52M$54.00M$41.93M$41.75M$48.08M$43.96M$43.35M$40.01M$46.60M$34.26M
Other Marketplace Revenue$62.75M$54.57M$44.75M$45.01M$46.55M$42.69M$34.68M$40.48M$41.45M$36.34M----
Marketplace And Service Revenue--$103.77M$104.54M$109.36M$104.86M$84.63M$90.85M$97.75M$88.35M$86.72M$79.31M$83.93M$58.39M
Data Services Revenue----$8.29M$8.17M$8.02M$8.62M$8.22M$8.05M----
Transportation Data And Other Services Revenue----------$43.37M$39.30M$37.33M$24.14M

ACV Auctions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Auction Marketplace Revenue (57.50%), and Other Marketplace Revenue (42.50%).

ACV Auctions Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LADLithia Motors$31.04B$9.22B
PAGPenske Automotive Group$29.53B$7.59B
ANAutoNation$26.95B$6.59B
KMXCarMax$26.54B$7.01B
GPIGroup 1 Automotive$17.87B$5.22B
ABGAsbury Automotive Group$14.80B$4.24B
SAHSonic Automotive$14.37B$3.49B
RUSHARush Enterprises$7.93B$1.90B
DRVNDriven Brands$2.30B$611.57M
KARKAR Auction Services$1.65B$448.40M
CARGCarGurus$914.24M$231.36M
CARSCars$689.18M$179.65M
ACVAACV Auctions$481.23M$171.33M
KFSKingsway Financial Services$103.24M$27.14M

ACVA Revenue FAQ

What is ACV Auctions’s yearly revenue?

ACV Auctions's yearly revenue for 2023 was $481.23M, representing an increase of 14.16% compared to 2022. The company's yearly revenue for 2022 was $421.53M, representing an increase of 17.60% compared to 2021. ACVA's yearly revenue for 2021 was $358.44M, representing an increase of 72.03% compared to 2020.

What is ACV Auctions’s quarterly revenue?

ACV Auctions's quarterly revenue for Q3 2024 was $171.33M, a 6.66% increase from the previous quarter (Q2 2024), and a 43.96% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $160.62M, a 10.25% increase from the previous quarter (Q1 2024), and a 29.31% increase year-over-year (Q2 2023). ACVA's quarterly revenue for Q1 2024 was $145.69M, a 23.07% increase from the previous quarter (Q4 2023), and a 21.79% increase year-over-year (Q1 2023).

What is ACV Auctions’s revenue growth rate?

ACV Auctions's revenue growth rate for the last 3 years (2021-2023) was 34.26%, and for the last 5 years (2019-2023) was 350.40%.

What are ACV Auctions’s revenue streams?

ACV Auctions's revenue streams in c 23 are Other Marketplace Revenue, Auction Marketplace Revenue, and Marketplace And Service Revenue. Other Marketplace Revenue generated $179M in revenue, accounting 22.03% of the company's total revenue, up 17.03% year-over-year. Auction Marketplace Revenue generated $210.93M in revenue, accounting 25.96% of the company's total revenue, up 20.04% year-over-year. Marketplace And Service Revenue generated $422.53M in revenue, accounting 52.01% of the company's total revenue, up 16.85% year-over-year.

What is ACV Auctions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of ACV Auctions was Marketplace And Service Revenue. This segment made a revenue of $422.53M, representing 52.01% of the company's total revenue.