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

Array Technologies, Inc. is the larger business by last-quarter revenue ($226.0M vs $183.6M, roughly 1.2× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs -17.9%). Array Technologies, Inc. produced more free cash flow last quarter ($36.2M vs $-14.7M). Over the past eight quarters, Array Technologies, Inc.'s revenue compounded faster (21.4% CAGR vs 12.3%).

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.

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

ACVA vs ARRY — Head-to-Head

Bigger by revenue
ARRY
ARRY
1.2× larger
ARRY
$226.0M
$183.6M
ACVA
Growing faster (revenue YoY)
ACVA
ACVA
+33.0% gap
ACVA
15.1%
-17.9%
ARRY
More free cash flow
ARRY
ARRY
$50.8M more FCF
ARRY
$36.2M
$-14.7M
ACVA
Faster 2-yr revenue CAGR
ARRY
ARRY
Annualised
ARRY
21.4%
12.3%
ACVA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACVA
ACVA
ARRY
ARRY
Revenue
$183.6M
$226.0M
Net Profit
Gross Margin
8.6%
Operating Margin
-9.7%
-65.5%
Net Margin
Revenue YoY
15.1%
-17.9%
Net Profit YoY
EPS (diluted)
$-0.12
$-1.06

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
ARRY
ARRY
Q4 25
$183.6M
$226.0M
Q3 25
$199.6M
$393.5M
Q2 25
$193.7M
$362.2M
Q1 25
$182.7M
$302.4M
Q4 24
$159.5M
$275.2M
Q3 24
$171.3M
$231.4M
Q2 24
$160.6M
$255.8M
Q1 24
$145.7M
$153.4M
Net Profit
ACVA
ACVA
ARRY
ARRY
Q4 25
Q3 25
$-24.5M
$33.5M
Q2 25
$-7.3M
$43.3M
Q1 25
$-14.8M
$16.7M
Q4 24
Q3 24
$-16.0M
$-141.4M
Q2 24
$-17.1M
$25.7M
Q1 24
$-20.5M
$2.2M
Gross Margin
ACVA
ACVA
ARRY
ARRY
Q4 25
8.6%
Q3 25
26.9%
Q2 25
26.8%
Q1 25
25.3%
Q4 24
28.5%
Q3 24
33.8%
Q2 24
33.6%
Q1 24
35.9%
Operating Margin
ACVA
ACVA
ARRY
ARRY
Q4 25
-9.7%
-65.5%
Q3 25
-11.9%
11.6%
Q2 25
-3.7%
12.8%
Q1 25
-7.9%
9.0%
Q4 24
-16.2%
-51.7%
Q3 24
-10.0%
-57.3%
Q2 24
-11.6%
15.5%
Q1 24
-15.5%
5.5%
Net Margin
ACVA
ACVA
ARRY
ARRY
Q4 25
Q3 25
-12.3%
8.5%
Q2 25
-3.8%
11.9%
Q1 25
-8.1%
5.5%
Q4 24
Q3 24
-9.4%
-61.1%
Q2 24
-10.6%
10.0%
Q1 24
-14.1%
1.4%
EPS (diluted)
ACVA
ACVA
ARRY
ARRY
Q4 25
$-0.12
$-1.06
Q3 25
$-0.14
$0.12
Q2 25
$-0.04
$0.19
Q1 25
$-0.09
$0.02
Q4 24
$-0.15
$-0.94
Q3 24
$-0.10
$-1.02
Q2 24
$-0.10
$0.08
Q1 24
$-0.13
$-0.07

Balance Sheet & Financial Strength

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

Metric
ACVA
ACVA
ARRY
ARRY
Cash + ST InvestmentsLiquidity on hand
$271.5M
$244.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$429.7M
$-206.3M
Total Assets
$1.1B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
ARRY
ARRY
Q4 25
$271.5M
$244.4M
Q3 25
$265.3M
$221.5M
Q2 25
$258.4M
$377.3M
Q1 25
$291.9M
$348.3M
Q4 24
$224.1M
$363.0M
Q3 24
$252.5M
$332.4M
Q2 24
$215.0M
$282.3M
Q1 24
$209.8M
$287.6M
Stockholders' Equity
ACVA
ACVA
ARRY
ARRY
Q4 25
$429.7M
$-206.3M
Q3 25
$434.4M
$-46.7M
Q2 25
$448.8M
$-70.9M
Q1 25
$439.6M
$-97.8M
Q4 24
$440.0M
$-118.1M
Q3 24
$456.2M
$64.5M
Q2 24
$457.6M
$200.0M
Q1 24
$458.3M
$231.2M
Total Assets
ACVA
ACVA
ARRY
ARRY
Q4 25
$1.1B
$1.5B
Q3 25
$1.2B
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$1.2B
$1.4B
Q4 24
$984.1M
$1.4B
Q3 24
$1.0B
$1.6B
Q2 24
$1.0B
$1.7B
Q1 24
$1.0B
$1.6B

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
ARRY
ARRY
Operating Cash FlowLast quarter
$-12.4M
$43.6M
Free Cash FlowOCF − Capex
$-14.7M
$36.2M
FCF MarginFCF / Revenue
-8.0%
16.0%
Capex IntensityCapex / Revenue
1.2%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.1M
$79.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
ARRY
ARRY
Q4 25
$-12.4M
$43.6M
Q3 25
$10.3M
$27.4M
Q2 25
$13.7M
$43.8M
Q1 25
$66.6M
$-13.1M
Q4 24
$-3.2M
$57.6M
Q3 24
$21.1M
$44.9M
Q2 24
$4.5M
$4.0M
Q1 24
$43.0M
$47.5M
Free Cash Flow
ACVA
ACVA
ARRY
ARRY
Q4 25
$-14.7M
$36.2M
Q3 25
$7.7M
$21.9M
Q2 25
$10.9M
$37.2M
Q1 25
$65.3M
$-15.4M
Q4 24
$-3.9M
$55.9M
Q3 24
$20.2M
$43.9M
Q2 24
$2.7M
$1.8M
Q1 24
$41.9M
$45.1M
FCF Margin
ACVA
ACVA
ARRY
ARRY
Q4 25
-8.0%
16.0%
Q3 25
3.8%
5.6%
Q2 25
5.6%
10.3%
Q1 25
35.7%
-5.1%
Q4 24
-2.5%
20.3%
Q3 24
11.8%
19.0%
Q2 24
1.7%
0.7%
Q1 24
28.8%
29.4%
Capex Intensity
ACVA
ACVA
ARRY
ARRY
Q4 25
1.2%
3.3%
Q3 25
1.3%
1.4%
Q2 25
1.5%
1.8%
Q1 25
0.7%
0.8%
Q4 24
0.4%
0.6%
Q3 24
0.6%
0.5%
Q2 24
1.1%
0.8%
Q1 24
0.7%
1.6%
Cash Conversion
ACVA
ACVA
ARRY
ARRY
Q4 25
Q3 25
0.82×
Q2 25
1.01×
Q1 25
-0.78×
Q4 24
Q3 24
Q2 24
0.15×
Q1 24
21.94×

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%

ARRY
ARRY

Array Legacy Operations Segment$212.0M94%
STI Operations Segment$14.0M6%

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