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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Bandwidth Inc. (BAND). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $183.6M, roughly 1.1× ACV Auctions Inc.). On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 15.1%). Bandwidth Inc. produced more free cash flow last quarter ($-1.0M vs $-14.7M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs 9.7%).
ACV Auctions Inc.ACVAEarnings & Financial Report
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.
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
ACVA vs BAND — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $208.8M |
| Net Profit | — | $4.0M |
| Gross Margin | — | 37.3% |
| Operating Margin | -9.7% | 60.5% |
| Net Margin | — | 1.9% |
| Revenue YoY | 15.1% | 20.1% |
| Net Profit YoY | — | 200.0% |
| EPS (diluted) | $-0.12 | $-0.08 |
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.
| Q1 26 | — | $208.8M | ||
| Q4 25 | $183.6M | $207.7M | ||
| Q3 25 | $199.6M | $191.9M | ||
| Q2 25 | $193.7M | $180.0M | ||
| Q1 25 | $182.7M | $174.2M | ||
| Q4 24 | $159.5M | $210.0M | ||
| Q3 24 | $171.3M | $193.9M | ||
| Q2 24 | $160.6M | $173.6M |
| Q1 26 | — | $4.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | $-24.5M | $-1.2M | ||
| Q2 25 | $-7.3M | $-4.9M | ||
| Q1 25 | $-14.8M | $-3.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-16.0M | $413.0K | ||
| Q2 24 | $-17.1M | $4.1M |
| Q1 26 | — | 37.3% | ||
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 38.5% | ||
| Q2 25 | — | 39.8% | ||
| Q1 25 | — | 41.0% | ||
| Q4 24 | — | 36.4% | ||
| Q3 24 | — | 37.7% | ||
| Q2 24 | — | 37.3% |
| Q1 26 | — | 60.5% | ||
| Q4 25 | -9.7% | -1.9% | ||
| Q3 25 | -11.9% | -1.0% | ||
| Q2 25 | -3.7% | -2.1% | ||
| Q1 25 | -7.9% | -2.7% | ||
| Q4 24 | -16.2% | -1.3% | ||
| Q3 24 | -10.0% | -0.5% | ||
| Q2 24 | -11.6% | -3.5% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | — | — | ||
| Q3 25 | -12.3% | -0.6% | ||
| Q2 25 | -3.8% | -2.7% | ||
| Q1 25 | -8.1% | -2.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | -9.4% | 0.2% | ||
| Q2 24 | -10.6% | 2.3% |
| Q1 26 | — | $-0.08 | ||
| Q4 25 | $-0.12 | $-0.10 | ||
| Q3 25 | $-0.14 | $-0.04 | ||
| Q2 25 | $-0.04 | $-0.16 | ||
| Q1 25 | $-0.09 | $-0.13 | ||
| Q4 24 | $-0.15 | $0.27 | ||
| Q3 24 | $-0.10 | $0.01 | ||
| Q2 24 | $-0.10 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $271.5M | $47.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $405.7M |
| Total Assets | $1.1B | $984.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $47.3M | ||
| Q4 25 | $271.5M | $111.3M | ||
| Q3 25 | $265.3M | $80.4M | ||
| Q2 25 | $258.4M | $68.1M | ||
| Q1 25 | $291.9M | $41.7M | ||
| Q4 24 | $224.1M | $83.8M | ||
| Q3 24 | $252.5M | $79.9M | ||
| Q2 24 | $215.0M | $76.4M |
| Q1 26 | — | $405.7M | ||
| Q4 25 | $429.7M | $400.0M | ||
| Q3 25 | $434.4M | $392.7M | ||
| Q2 25 | $448.8M | $384.5M | ||
| Q1 25 | $439.6M | $345.4M | ||
| Q4 24 | $440.0M | $312.5M | ||
| Q3 24 | $456.2M | $336.6M | ||
| Q2 24 | $457.6M | $307.4M |
| Q1 26 | — | $984.2M | ||
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.2B | $964.4M | ||
| Q4 24 | $984.1M | $989.2M | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $1.0B | $1.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-12.4M | — |
| Free Cash FlowOCF − Capex | $-14.7M | $-1.0M |
| FCF MarginFCF / Revenue | -8.0% | -0.5% |
| Capex IntensityCapex / Revenue | 1.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-12.4M | $38.6M | ||
| Q3 25 | $10.3M | $22.2M | ||
| Q2 25 | $13.7M | $31.7M | ||
| Q1 25 | $66.6M | $-3.1M | ||
| Q4 24 | $-3.2M | $36.5M | ||
| Q3 24 | $21.1M | $20.5M | ||
| Q2 24 | $4.5M | $24.4M |
| Q1 26 | — | $-1.0M | ||
| Q4 25 | $-14.7M | — | ||
| Q3 25 | $7.7M | — | ||
| Q2 25 | $10.9M | — | ||
| Q1 25 | $65.3M | — | ||
| Q4 24 | $-3.9M | — | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $2.7M | — |
| Q1 26 | — | -0.5% | ||
| Q4 25 | -8.0% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 5.6% | — | ||
| Q1 25 | 35.7% | — | ||
| Q4 24 | -2.5% | — | ||
| Q3 24 | 11.8% | — | ||
| Q2 24 | 1.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 1.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 49.55× | ||
| Q2 24 | — | 6.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
BAND
Segment breakdown not available.
