Earnings ·
ACV Auctions Inc. reported second quarter 2026 financial results with revenue of $214 million, a 10% year-over-year…
ACVAACV Auctions Inc.
ACV Auctions Inc. reported second quarter 2026 financial results with revenue of $214 million, a 10% year-over-year increase, and Adjusted EBITDA of $21 million. The company reaffirmed its full-year 2026 guidance for revenue between $845 million and $855 million and Adjusted EBITDA between $73 million and $77 million. Concurrently, the company announced executive leadership changes: William Zerella resigned as Chief Financial Officer effective August 10, 2026, to pursue another opportunity, while Timothy Fox was promoted from Vice President of Investor Relations and Strategic Finance to succeed him, effective August 11, 2026. Fox received an initial equity grant comprising $1.5 million in restricted stock units and performance share units. ACV Auctions operates as a digital automotive marketplace and data services provider for dealers and commercial clients.