ACVA · As filed with the SEC

ACV Auctions balance sheet, by fiscal year

The statement as ACV Auctions presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED BALANCE SHEETS · USD thousands, shares in thousands

USD thousands, shares in thousands	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
Assets
Current Assets:
Cash and cash equivalents	271,497	224,065	182,571	280,752	565,994	233,725
Marketable Securities	—	—	228,761,000	215,926,000	13,765,000	—
Marketable securities	0	46,036	—	—	—	—
Trade receivables (net of allowance of $3,829 and $6,372)	197,225	168,770	164,009	168,732	222,753	104,138
Finance receivables (net of allowance of $29,026 and $4,191)	180,486	139,045	119,034	78,047	44,278	8,501
Other current assets	24,295	15,281	12,524	11,317	10,623	8,041
Total current assets	673,503	593,197	706,899	754,774	857,413	354,405
Property and equipment (net of accumulated depreciation of $6,589 and $5,227)	12,852	7,625	4,918	5,710	4,916	4,912
Goodwill	183,725	180,478	103,379	91,755	78,839	21,820
Acquired intangible assets (net of amortization of $40,202 and $28,972)	81,024	90,816	34,192	19,291	18,130	11,491
Internal-use software costs (net of amortization of $6,930 and $3,857)	—	—	55,771,000	36,992,000	17,844,000	7,775,000
Operating lease right-of-use assets	—	—	—	—	3,264,000	2,000,000
Internal-use software costs (net of amortization of $67,874 and $38,499)	81,964	68,571	—	—	—	—
Other assets	52,543	43,462	17,765	6,400	2,554	2,147
Total assets	1,085,611	984,149	922,924	914,922	982,960	404,550
Liabilities and Stockholders' Equity
Current Liabilities:
Accounts payable	390,830	345,605	305,845	323,661	395,972	151,967
Accrued payroll	9,308	16,725	12,245	10,052	11,961	8,109
Accrued other liabilities	20,711	18,836	15,851	14,504	9,806	4,375
Deferred revenue	—	—	—	—	4,317,000	1,504,000
Operating lease liabilities	—	—	—	—	1,306,000	746,000
Total current liabilities	420,849	381,166	333,941	348,217	423,362	166,701
Long-term operating lease liabilities	—	—	—	—	2,049	1,323
Long-term debt	190,000	123,000	115,000	75,500	500	4,832
Other long-term liabilities	45,079	39,979	17,455	5,481	952	5,054
Total liabilities	655,928	544,145	466,396	429,198	426,863	177,910
Convertible preferred stock; $0.001 par value; 0 and 230,538,501 shares authorized; 0 and 115,269,221 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively	—	—	—	—	0	366,332
Stockholders' Equity:
Preferred stock; $0.001 par value; 20,000 shares authorized; 0 and 0 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	0	0	0	0	0	0
Common stock	—	—	—	—	—	22
Common Class A	—	168	139	121	106	—
Common Stock	173	—	—	—	—	—
Common Class B	0	0	23	37	50	—
Additional paid-in capital	996,628	944,891	880,510	836,695	801,142	27,322
Accumulated deficit	(568,456)	(502,315)	(422,615)	(347,354)	(245,161)	(166,979)
Accumulated other comprehensive income (loss)	1,338	(2,740)	(1,529)	(3,775)	(40)	(57)
Total stockholders' equity	429,683	440,004	456,528	485,724	556,097	(139,692)
Total liabilities and stockholders' equity	1,085,611	984,149	922,924	914,922	982,960	404,550
Common Stock	2,000,000	—	—	—	—	—
Common Class B	0	—	—	—	—	—

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.