ACV Auctions (ACVA) Revenue & Revenue Breakdown
ACV Auctions Revenue Highlights
Latest Revenue (Y)
$481.23M
Latest Revenue (Q)
$160.62M
Main Segment (Y)
Marketplace And Service Revenue
ACV Auctions Revenue by Period
ACV Auctions Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $481.23M | 14.16% |
| 2022-12-31 | $421.53M | 17.60% |
| 2021-12-31 | $358.44M | 72.03% |
| 2020-12-31 | $208.36M | 95.01% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $160.62M | 10.25% |
| 2024-03-31 | $145.69M | 23.07% |
| 2023-12-31 | $118.38M | -0.54% |
| 2023-09-30 | $119.01M | -4.19% |
| 2023-06-30 | $124.22M | 3.84% |
| 2023-03-31 | $119.63M | 22.10% |
| 2022-12-31 | $97.97M | -7.06% |
| 2022-09-30 | $105.42M | -8.39% |
| 2022-06-30 | $115.07M | 11.65% |
| 2022-03-31 | $103.06M | 2.88% |
| 2021-12-31 | $100.18M | 9.13% |
| 2021-09-30 | $91.80M | -5.73% |
| 2021-06-30 | $97.37M | 40.95% |
| 2021-03-31 | $69.09M | 28.50% |
| 2020-12-31 | $53.76M | -20.30% |
| 2020-09-30 | $67.46M | 50.26% |
| 2020-06-30 | $44.90M | 6.30% |
| 2020-03-31 | $42.24M | 58.12% |
| 2019-09-30 | $26.71M | - |
| 2019-06-30 | $26.71M | - |
| 2019-03-31 | $26.71M | - |
ACV Auctions generated $160.62M in revenue during Q2 2024, up 10.25% compared to the previous quarter, and up 134.27% compared to the same period a year ago.
ACV Auctions Revenue Breakdown
ACV Auctions Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Auction Marketplace Revenue | $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 | $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 Mar 24: Auction Marketplace Revenue (55.23%), and Other Marketplace Revenue (44.77%).
ACV Auctions Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LAD | Lithia Motors | $31.04B | $9.23B |
| PAG | Penske Automotive Group | $29.53B | $7.70B |
| AN | AutoNation | $26.95B | $6.48B |
| KMX | CarMax | $26.54B | $7.11B |
| GPI | Group 1 Automotive | $17.87B | $4.70B |
| ABG | Asbury Automotive Group | $14.80B | $4.25B |
| SAH | Sonic Automotive | $14.37B | $3.45B |
| RUSHA | Rush Enterprises | $7.93B | $2.03B |
| DRVN | Driven Brands | $2.30B | $611.57M |
| KAR | KAR Auction Services | $1.65B | $431.80M |
| CARG | CarGurus | $914.24M | $218.69M |
| CARS | Cars | $689.18M | $180.18M |
| ACVA | ACV Auctions | $481.23M | $160.62M |
| KFS | Kingsway Financial Services | $103.24M | $26.45M |
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 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). The company'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). ACVA's quarterly revenue for Q4 2023 was $118.38M, a -0.54% decrease from the previous quarter (Q3 2023), and a 20.83% increase year-over-year (Q4 2022).
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.