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ACV Auctions (ACVA) Revenue & Revenue Breakdown

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ACV Auctions Revenue Highlights

Latest Revenue (Y)

$637.16M

Latest Revenue (Q)

$171.33M

Main Segment (Y)

Auction Marketplace Revenue

ACV Auctions Revenue by Period

ACV Auctions Revenue by Year

DateRevenueChange
2024-12-31$637.16M32.40%
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$106.85M200.67%
2018-12-31$35.54M-

ACV Auctions generated $637.16M in revenue during NA 2024, up 32.40% compared to the previous quarter, and up 596.33% 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 24Dec 23Dec 22Dec 21
Data Services Revenue$33.26M$32.91M--
Auction Marketplace Revenue$303.04M$210.93M$175.72M$164.22M
Other Marketplace Revenue$236.67M$179.00M$152.96M-
Marketplace And Service Revenue-$422.53M$361.58M$308.35M
Transportation Data And Other Services Revenue---$144.13M

ACV Auctions's latest annual revenue breakdown by segment (product or service), as of Dec 24: Auction Marketplace Revenue (52.89%), Other Marketplace Revenue (41.31%), and Data Services Revenue (5.81%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Other Marketplace Revenue$119.36M$62.75M$54.57M$44.75M$45.01M$46.55M$42.69M$34.68M$40.48M$41.45M$36.34M----
Auction Marketplace Revenue$150.81M$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
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 Dec 24: Auction Marketplace Revenue (55.82%), and Other Marketplace Revenue (44.18%).

ACV Auctions Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LADLithia Motors$36.24B$9.22B
PAGPenske Automotive Group$30.46B$7.59B
KMXCarMax$26.35B$6.22B
GPIGroup 1 Automotive$19.93B$5.22B
ABGAsbury Automotive Group$17.19B$4.24B
SAHSonic Automotive$14.22B$3.49B
RUSHARush Enterprises$7.93B$1.90B
DRVNDriven Brands$2.34B$611.57M
KARKAR Auction Services$1.79B$448.40M
CARGCarGurus$894.38M$231.36M
CARSCars$719.15M$179.65M
ACVAACV Auctions$637.16M$171.33M
KFSKingsway Financial Services$109.38M$27.14M
ANAutoNation-$6.59B

ACVA Revenue FAQ

What is ACV Auctions’s yearly revenue?

ACV Auctions's yearly revenue for 2024 was $637.16M, representing an increase of 32.40% compared to 2023. The company's yearly revenue for 2023 was $481.23M, representing an increase of 14.16% compared to 2022. ACVA's yearly revenue for 2022 was $421.53M, representing an increase of 17.60% compared to 2021.

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 (2022-2024) was 51.15%, and for the last 5 years (2020-2024) was 205.80%.

What are ACV Auctions’s revenue streams?

ACV Auctions's revenue streams in c 24 are Data Services Revenue, Auction Marketplace Revenue, and Other Marketplace Revenue. Data Services Revenue generated $33.26M in revenue, accounting 5.81% of the company's total revenue, up 1.08% year-over-year. Auction Marketplace Revenue generated $303.04M in revenue, accounting 52.89% of the company's total revenue, up 43.67% year-over-year. Other Marketplace Revenue generated $236.67M in revenue, accounting 41.31% of the company's total revenue, up 32.22% year-over-year.

What is ACV Auctions’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of ACV Auctions was Auction Marketplace Revenue. This segment made a revenue of $303.04M, representing 52.89% of the company's total revenue.