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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Alto Ingredients, Inc. (ALTO). Click either name above to swap in a different company.

Alto Ingredients, Inc. is the larger business by last-quarter revenue ($232.0M vs $183.6M, roughly 1.3× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs -1.9%). Alto Ingredients, Inc. produced more free cash flow last quarter ($7.6M vs $-14.7M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs -1.8%).

ACV Auctions Inc. operates a leading digital wholesale vehicle auction platform serving automotive dealers across the U.S. and Canada. It offers end-to-end services including transparent vehicle inspections, secure payment processing, and logistics support, enabling efficient trading of used vehicles between registered wholesale buyers and sellers.

Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in over 150 countries, including 85 of the Fortune 100. It is home to the Unit 42 threat research team and hosts the Ignite cybersecurity conference. It is a partner organizati...

ACVA vs ALTO — Head-to-Head

Bigger by revenue
ALTO
ALTO
1.3× larger
ALTO
$232.0M
$183.6M
ACVA
Growing faster (revenue YoY)
ACVA
ACVA
+17.0% gap
ACVA
15.1%
-1.9%
ALTO
More free cash flow
ALTO
ALTO
$22.2M more FCF
ALTO
$7.6M
$-14.7M
ACVA
Faster 2-yr revenue CAGR
ACVA
ACVA
Annualised
ACVA
12.3%
-1.8%
ALTO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACVA
ACVA
ALTO
ALTO
Revenue
$183.6M
$232.0M
Net Profit
$21.8M
Gross Margin
6.5%
Operating Margin
-9.7%
3.2%
Net Margin
9.4%
Revenue YoY
15.1%
-1.9%
Net Profit YoY
152.3%
EPS (diluted)
$-0.12
$0.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACVA
ACVA
ALTO
ALTO
Q4 25
$183.6M
$232.0M
Q3 25
$199.6M
$241.0M
Q2 25
$193.7M
$218.4M
Q1 25
$182.7M
$226.5M
Q4 24
$159.5M
$236.3M
Q3 24
$171.3M
$251.8M
Q2 24
$160.6M
$236.5M
Q1 24
$145.7M
$240.6M
Net Profit
ACVA
ACVA
ALTO
ALTO
Q4 25
$21.8M
Q3 25
$-24.5M
$14.2M
Q2 25
$-7.3M
$-11.0M
Q1 25
$-14.8M
$-11.7M
Q4 24
$-41.7M
Q3 24
$-16.0M
$-2.4M
Q2 24
$-17.1M
$-3.1M
Q1 24
$-20.5M
$-11.7M
Gross Margin
ACVA
ACVA
ALTO
ALTO
Q4 25
6.5%
Q3 25
9.7%
Q2 25
-0.9%
Q1 25
-0.8%
Q4 24
-0.6%
Q3 24
2.4%
Q2 24
3.2%
Q1 24
-1.0%
Operating Margin
ACVA
ACVA
ALTO
ALTO
Q4 25
-9.7%
3.2%
Q3 25
-11.9%
7.0%
Q2 25
-3.7%
-3.7%
Q1 25
-7.9%
-4.0%
Q4 24
-16.2%
-16.6%
Q3 24
-10.0%
-0.3%
Q2 24
-11.6%
-0.6%
Q1 24
-15.5%
-4.3%
Net Margin
ACVA
ACVA
ALTO
ALTO
Q4 25
9.4%
Q3 25
-12.3%
5.9%
Q2 25
-3.8%
-5.0%
Q1 25
-8.1%
-5.2%
Q4 24
-17.6%
Q3 24
-9.4%
-1.0%
Q2 24
-10.6%
-1.3%
Q1 24
-14.1%
-4.9%
EPS (diluted)
ACVA
ACVA
ALTO
ALTO
Q4 25
$-0.12
$0.28
Q3 25
$-0.14
$0.19
Q2 25
$-0.04
$-0.15
Q1 25
$-0.09
$-0.16
Q4 24
$-0.15
$-0.56
Q3 24
$-0.10
$-0.04
Q2 24
$-0.10
$-0.05
Q1 24
$-0.13
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACVA
ACVA
ALTO
ALTO
Cash + ST InvestmentsLiquidity on hand
$271.5M
$23.4M
Total DebtLower is stronger
$84.6M
Stockholders' EquityBook value
$429.7M
$245.2M
Total Assets
$1.1B
$388.8M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
ALTO
ALTO
Q4 25
$271.5M
$23.4M
Q3 25
$265.3M
$32.5M
Q2 25
$258.4M
$29.8M
Q1 25
$291.9M
$26.8M
Q4 24
$224.1M
$35.5M
Q3 24
$252.5M
$33.6M
Q2 24
$215.0M
$27.1M
Q1 24
$209.8M
$29.3M
Total Debt
ACVA
ACVA
ALTO
ALTO
Q4 25
$84.6M
Q3 25
$106.0M
Q2 25
$124.2M
Q1 25
$117.0M
Q4 24
$99.7M
Q3 24
$90.6M
Q2 24
$98.6M
Q1 24
$92.2M
Stockholders' Equity
ACVA
ACVA
ALTO
ALTO
Q4 25
$429.7M
$245.2M
Q3 25
$434.4M
$222.4M
Q2 25
$448.8M
$207.8M
Q1 25
$439.6M
$213.9M
Q4 24
$440.0M
$225.1M
Q3 24
$456.2M
$263.9M
Q2 24
$457.6M
$265.8M
Q1 24
$458.3M
$268.7M
Total Assets
ACVA
ACVA
ALTO
ALTO
Q4 25
$1.1B
$388.8M
Q3 25
$1.2B
$388.5M
Q2 25
$1.1B
$393.1M
Q1 25
$1.2B
$402.2M
Q4 24
$984.1M
$401.4M
Q3 24
$1.0B
$417.4M
Q2 24
$1.0B
$432.5M
Q1 24
$1.0B
$434.6M
Debt / Equity
ACVA
ACVA
ALTO
ALTO
Q4 25
0.34×
Q3 25
0.48×
Q2 25
0.60×
Q1 25
0.55×
Q4 24
0.44×
Q3 24
0.34×
Q2 24
0.37×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACVA
ACVA
ALTO
ALTO
Operating Cash FlowLast quarter
$-12.4M
$9.5M
Free Cash FlowOCF − Capex
$-14.7M
$7.6M
FCF MarginFCF / Revenue
-8.0%
3.3%
Capex IntensityCapex / Revenue
1.2%
0.8%
Cash ConversionOCF / Net Profit
0.44×
TTM Free Cash FlowTrailing 4 quarters
$69.1M
$8.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
ALTO
ALTO
Q4 25
$-12.4M
$9.5M
Q3 25
$10.3M
$22.8M
Q2 25
$13.7M
$-848.0K
Q1 25
$66.6M
$-18.2M
Q4 24
$-3.2M
$-9.8M
Q3 24
$21.1M
$18.6M
Q2 24
$4.5M
$-13.7M
Q1 24
$43.0M
$1.4M
Free Cash Flow
ACVA
ACVA
ALTO
ALTO
Q4 25
$-14.7M
$7.6M
Q3 25
$7.7M
$21.2M
Q2 25
$10.9M
$-1.3M
Q1 25
$65.3M
$-18.8M
Q4 24
$-3.9M
$-11.1M
Q3 24
$20.2M
$18.1M
Q2 24
$2.7M
$-18.4M
Q1 24
$41.9M
$-3.2M
FCF Margin
ACVA
ACVA
ALTO
ALTO
Q4 25
-8.0%
3.3%
Q3 25
3.8%
8.8%
Q2 25
5.6%
-0.6%
Q1 25
35.7%
-8.3%
Q4 24
-2.5%
-4.7%
Q3 24
11.8%
7.2%
Q2 24
1.7%
-7.8%
Q1 24
28.8%
-1.3%
Capex Intensity
ACVA
ACVA
ALTO
ALTO
Q4 25
1.2%
0.8%
Q3 25
1.3%
0.7%
Q2 25
1.5%
0.2%
Q1 25
0.7%
0.2%
Q4 24
0.4%
0.5%
Q3 24
0.6%
0.2%
Q2 24
1.1%
2.0%
Q1 24
0.7%
1.9%
Cash Conversion
ACVA
ACVA
ALTO
ALTO
Q4 25
0.44×
Q3 25
1.60×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACVA
ACVA

Auction Marketplace Revenue$77.6M42%
Other Marketplace Revenue$72.4M39%
Customer Assurance$24.1M13%
Data Services Revenue$9.4M5%

ALTO
ALTO

Pekin Campus Production$105.1M45%
Total Marketing And Distribution Sales$57.9M25%
Marketing And Distributions$55.6M24%
Other$11.2M5%
Kodiak Carbonic LLC$2.1M1%

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