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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and COLLEGIUM PHARMACEUTICAL, INC (COLL). Click either name above to swap in a different company.

COLLEGIUM PHARMACEUTICAL, INC is the larger business by last-quarter revenue ($205.4M vs $183.6M, roughly 1.1× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs 12.9%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $-14.7M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% 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.

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.

ACVA vs COLL — Head-to-Head

Bigger by revenue
COLL
COLL
1.1× larger
COLL
$205.4M
$183.6M
ACVA
Growing faster (revenue YoY)
ACVA
ACVA
+2.2% gap
ACVA
15.1%
12.9%
COLL
More free cash flow
COLL
COLL
$137.0M more FCF
COLL
$122.4M
$-14.7M
ACVA
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
12.3%
ACVA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACVA
ACVA
COLL
COLL
Revenue
$183.6M
$205.4M
Net Profit
$17.0M
Gross Margin
62.5%
Operating Margin
-9.7%
29.6%
Net Margin
8.3%
Revenue YoY
15.1%
12.9%
Net Profit YoY
35.3%
EPS (diluted)
$-0.12
$0.48

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
COLL
COLL
Q4 25
$183.6M
$205.4M
Q3 25
$199.6M
$209.4M
Q2 25
$193.7M
$188.0M
Q1 25
$182.7M
$177.8M
Q4 24
$159.5M
$181.9M
Q3 24
$171.3M
$159.3M
Q2 24
$160.6M
$145.3M
Q1 24
$145.7M
$144.9M
Net Profit
ACVA
ACVA
COLL
COLL
Q4 25
$17.0M
Q3 25
$-24.5M
$31.5M
Q2 25
$-7.3M
$12.0M
Q1 25
$-14.8M
$2.4M
Q4 24
$12.5M
Q3 24
$-16.0M
$9.3M
Q2 24
$-17.1M
$19.6M
Q1 24
$-20.5M
$27.7M
Gross Margin
ACVA
ACVA
COLL
COLL
Q4 25
62.5%
Q3 25
61.7%
Q2 25
57.7%
Q1 25
54.8%
Q4 24
54.0%
Q3 24
60.8%
Q2 24
62.5%
Q1 24
63.1%
Operating Margin
ACVA
ACVA
COLL
COLL
Q4 25
-9.7%
29.6%
Q3 25
-11.9%
29.7%
Q2 25
-3.7%
18.7%
Q1 25
-7.9%
12.2%
Q4 24
-16.2%
20.9%
Q3 24
-10.0%
21.9%
Q2 24
-11.6%
32.7%
Q1 24
-15.5%
34.1%
Net Margin
ACVA
ACVA
COLL
COLL
Q4 25
8.3%
Q3 25
-12.3%
15.0%
Q2 25
-3.8%
6.4%
Q1 25
-8.1%
1.4%
Q4 24
6.9%
Q3 24
-9.4%
5.9%
Q2 24
-10.6%
13.5%
Q1 24
-14.1%
19.1%
EPS (diluted)
ACVA
ACVA
COLL
COLL
Q4 25
$-0.12
$0.48
Q3 25
$-0.14
$0.84
Q2 25
$-0.04
$0.34
Q1 25
$-0.09
$0.07
Q4 24
$-0.15
$0.36
Q3 24
$-0.10
$0.27
Q2 24
$-0.10
$0.52
Q1 24
$-0.13
$0.71

Balance Sheet & Financial Strength

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

Metric
ACVA
ACVA
COLL
COLL
Cash + ST InvestmentsLiquidity on hand
$271.5M
$386.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$429.7M
$301.7M
Total Assets
$1.1B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
COLL
COLL
Q4 25
$271.5M
$386.7M
Q3 25
$265.3M
$285.9M
Q2 25
$258.4M
$222.2M
Q1 25
$291.9M
$197.8M
Q4 24
$224.1M
$162.8M
Q3 24
$252.5M
$120.0M
Q2 24
$215.0M
$271.6M
Q1 24
$209.8M
$318.0M
Stockholders' Equity
ACVA
ACVA
COLL
COLL
Q4 25
$429.7M
$301.7M
Q3 25
$434.4M
$274.8M
Q2 25
$448.8M
$232.2M
Q1 25
$439.6M
$234.4M
Q4 24
$440.0M
$228.8M
Q3 24
$456.2M
$234.3M
Q2 24
$457.6M
$216.6M
Q1 24
$458.3M
$222.2M
Total Assets
ACVA
ACVA
COLL
COLL
Q4 25
$1.1B
$1.7B
Q3 25
$1.2B
$1.6B
Q2 25
$1.1B
$1.6B
Q1 25
$1.2B
$1.6B
Q4 24
$984.1M
$1.7B
Q3 24
$1.0B
$1.6B
Q2 24
$1.0B
$1.1B
Q1 24
$1.0B
$1.1B

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
COLL
COLL
Operating Cash FlowLast quarter
$-12.4M
$123.0M
Free Cash FlowOCF − Capex
$-14.7M
$122.4M
FCF MarginFCF / Revenue
-8.0%
59.6%
Capex IntensityCapex / Revenue
1.2%
0.3%
Cash ConversionOCF / Net Profit
7.25×
TTM Free Cash FlowTrailing 4 quarters
$69.1M
$327.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
COLL
COLL
Q4 25
$-12.4M
$123.0M
Q3 25
$10.3M
$78.4M
Q2 25
$13.7M
$72.4M
Q1 25
$66.6M
$55.4M
Q4 24
$-3.2M
$84.6M
Q3 24
$21.1M
$-9.0M
Q2 24
$4.5M
$67.4M
Q1 24
$43.0M
$61.9M
Free Cash Flow
ACVA
ACVA
COLL
COLL
Q4 25
$-14.7M
$122.4M
Q3 25
$7.7M
$78.3M
Q2 25
$10.9M
$72.4M
Q1 25
$65.3M
$54.6M
Q4 24
$-3.9M
$84.1M
Q3 24
$20.2M
$-9.2M
Q2 24
$2.7M
$67.1M
Q1 24
$41.9M
$61.4M
FCF Margin
ACVA
ACVA
COLL
COLL
Q4 25
-8.0%
59.6%
Q3 25
3.8%
37.4%
Q2 25
5.6%
38.5%
Q1 25
35.7%
30.7%
Q4 24
-2.5%
46.2%
Q3 24
11.8%
-5.8%
Q2 24
1.7%
46.2%
Q1 24
28.8%
42.3%
Capex Intensity
ACVA
ACVA
COLL
COLL
Q4 25
1.2%
0.3%
Q3 25
1.3%
0.1%
Q2 25
1.5%
0.0%
Q1 25
0.7%
0.4%
Q4 24
0.4%
0.3%
Q3 24
0.6%
0.2%
Q2 24
1.1%
0.2%
Q1 24
0.7%
0.4%
Cash Conversion
ACVA
ACVA
COLL
COLL
Q4 25
7.25×
Q3 25
2.49×
Q2 25
6.05×
Q1 25
22.92×
Q4 24
6.75×
Q3 24
-0.96×
Q2 24
3.44×
Q1 24
2.23×

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%

COLL
COLL

Segment breakdown not available.

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