Q2 FY2026 EarningsQ2 FY26 results were slightly below consensus on the top line but demonstrated resilience in adjusted profitability. Total revenue of $213.9M missed the $214.9M mean estimate by 0.44%, primarily due to flat auction marketplace growth despite a 39% surge in Customer Assurance revenue. Normalized EPS of $0.06 beat the $0.05 consensus, driven by effective SG&A cost management and higher Adjusted EBITDA of $20.8M. However, free cash flow was significantly pressured by floorplan finance receivable write-offs, notably from the Tricolor bankruptcy.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: ACV Auctions(ACVA) the Revenue is 213.94 M (+10.45%), Miss estimate;the EBIT is -6.046 M (+15.97%), Beat estimate;the EPS is -0.05 (-25%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.21B10.45%
0.21B10.94%
-0.00B0.49%
EBITExceed expectations
-0.01B15.97%
-0.01B45.49%
+0.00B61.46%
EPSExceed expectations
-0.0525.00%
-0.072280.50%
+0.022255.50%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf