Filing Flows › ACV Auctions (ACVA) › Q1 2026 › vs Q4 2025
ACV Auctions (ACVA) Q1 2026 vs Q4 2025 (quarter over quarter)
ACV Auctions's revenue rose $20.5M (+11%) from $184M in Q4 2025 to $204M in Q1 2026. The biggest changes: Marketplace and service +$22.7M (+14%); Customer assurance −$2.1M (-9%).
ACV Auctions, Q1 2026: revenue $204M (+12% year over year), operating margin -4.5%, net loss $10.9M, operating cash flow $76.5M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 36.6% | -8.0% | +44.6 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Auction marketplace revenue | $93.8M | $77.6M | $16.1M | +21% |
| Other marketplace revenue | $80.4M | $72.4M | $7.9M | +11% |
| Data services revenue | $8.1M | $9.4M | −$1.4M | -14% |
| Marketplace and service | $182M | $160M | $22.7M | +14% |
| Customer assurance | $22.0M | $24.1M | −$2.1M | -9% |
| Revenue | $204M | $184M | $20.5M | +11% |
| Net loss | $10.9M | $19.6M | −$8.7M | -44% |
| Costs & expenses | $215M | $203M | $11.9M | +6% |
| Operating costs | $213M | $201M | $11.9M | +6% |
| Interest & other, net | $1.1M | $1.2M | −$66K | -6% |
| Income tax | $530K | $521K | $9K | +2% |
| SG&A | $56.2M | $50.2M | $6.1M | +12% |
| Other operating costs | $157M | $151M | $5.9M | +4% |
| Operating cash sources | $87.4M | $7.2M | $80.2M | 12× |
| Depreciation & amortization | $11.9M | $11.3M | $603K | +5% |
| Share-based compensation | $13.5M | $13.5M | −$67K | -0.5% |
| Working capital & other | $62.0M | −$17.6M | $79.7M | — |
| Net loss absorbed | $10.9M | $19.6M | −$8.7M | -44% |
| Operating cash flow | $76.5M | −$12.4M | $88.9M | — |
| Free cash flow (OCF − capex) | $74.7M | −$14.7M | $89.4M | — |
| Capital expenditures | $1.8M | $2.3M | −$519K | -23% |
Questions
How much did ACV Auctions's revenue grow quarter over quarter in Q1 2026?
ACV Auctions's revenue rose $20.5M (+11%) from $184M in Q4 2025 to $204M in Q1 2026.
What drove ACV Auctions's revenue change in Q1 2026?
Marketplace and service +$22.7M (+14%); Customer assurance −$2.1M (-9%).