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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $183.6M, roughly 1.5× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs 9.0%). ACV Auctions Inc. produced more free cash flow last quarter ($-14.7M vs $-157.1M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs -9.6%).
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.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
ACVA vs FOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $273.0M |
| Net Profit | — | $15.4M |
| Gross Margin | — | 20.1% |
| Operating Margin | -9.7% | 7.6% |
| Net Margin | — | 5.6% |
| Revenue YoY | 15.1% | 9.0% |
| Net Profit YoY | — | -6.7% |
| EPS (diluted) | $-0.12 | $0.30 |
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.
| Q4 25 | $183.6M | $273.0M | ||
| Q3 25 | $199.6M | $670.5M | ||
| Q2 25 | $193.7M | $390.5M | ||
| Q1 25 | $182.7M | $351.0M | ||
| Q4 24 | $159.5M | $250.4M | ||
| Q3 24 | $171.3M | $551.3M | ||
| Q2 24 | $160.6M | $318.4M | ||
| Q1 24 | $145.7M | $333.8M |
| Q4 25 | — | $15.4M | ||
| Q3 25 | $-24.5M | $86.9M | ||
| Q2 25 | $-7.3M | $32.9M | ||
| Q1 25 | $-14.8M | $31.6M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $-16.0M | $81.5M | ||
| Q2 24 | $-17.1M | $38.7M | ||
| Q1 24 | $-20.5M | $45.0M |
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 22.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 22.0% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 22.5% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | -9.7% | 7.6% | ||
| Q3 25 | -11.9% | 16.9% | ||
| Q2 25 | -3.7% | 11.2% | ||
| Q1 25 | -7.9% | 11.6% | ||
| Q4 24 | -16.2% | 8.7% | ||
| Q3 24 | -10.0% | 19.7% | ||
| Q2 24 | -11.6% | 16.2% | ||
| Q1 24 | -15.5% | 17.6% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | -12.3% | 13.0% | ||
| Q2 25 | -3.8% | 8.4% | ||
| Q1 25 | -8.1% | 9.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | -9.4% | 14.8% | ||
| Q2 24 | -10.6% | 12.2% | ||
| Q1 24 | -14.1% | 13.5% |
| Q4 25 | $-0.12 | $0.30 | ||
| Q3 25 | $-0.14 | $1.70 | ||
| Q2 25 | $-0.04 | $0.65 | ||
| Q1 25 | $-0.09 | $0.62 | ||
| Q4 24 | $-0.15 | $0.32 | ||
| Q3 24 | $-0.10 | $1.59 | ||
| Q2 24 | $-0.10 | $0.76 | ||
| Q1 24 | $-0.13 | $0.89 |
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 | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $429.7M | $1.8B |
| Total Assets | $1.1B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $211.7M | ||
| Q3 25 | $265.3M | $379.2M | ||
| Q2 25 | $258.4M | $189.2M | ||
| Q1 25 | $291.9M | $174.3M | ||
| Q4 24 | $224.1M | $132.0M | ||
| Q3 24 | $252.5M | $481.2M | ||
| Q2 24 | $215.0M | $359.2M | ||
| Q1 24 | $209.8M | $416.2M |
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
| Q4 25 | $429.7M | $1.8B | ||
| Q3 25 | $434.4M | $1.8B | ||
| Q2 25 | $448.8M | $1.7B | ||
| Q1 25 | $439.6M | $1.6B | ||
| Q4 24 | $440.0M | $1.6B | ||
| Q3 24 | $456.2M | $1.6B | ||
| Q2 24 | $457.6M | $1.5B | ||
| Q1 24 | $458.3M | $1.5B |
| Q4 25 | $1.1B | $3.2B | ||
| Q3 25 | $1.2B | $3.1B | ||
| Q2 25 | $1.1B | $3.1B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $984.1M | $3.0B | ||
| Q3 24 | $1.0B | $2.8B | ||
| Q2 24 | $1.0B | $2.7B | ||
| Q1 24 | $1.0B | $2.6B |
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $-157.0M |
| Free Cash FlowOCF − Capex | $-14.7M | $-157.1M |
| FCF MarginFCF / Revenue | -8.0% | -57.5% |
| Capex IntensityCapex / Revenue | 1.2% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $-157.0M | ||
| Q3 25 | $10.3M | $256.3M | ||
| Q2 25 | $13.7M | $15.8M | ||
| Q1 25 | $66.6M | $-19.8M | ||
| Q4 24 | $-3.2M | $-450.0M | ||
| Q3 24 | $21.1M | $119.2M | ||
| Q2 24 | $4.5M | $-61.7M | ||
| Q1 24 | $43.0M | $-59.2M |
| Q4 25 | $-14.7M | $-157.1M | ||
| Q3 25 | $7.7M | $255.6M | ||
| Q2 25 | $10.9M | $15.0M | ||
| Q1 25 | $65.3M | $-20.5M | ||
| Q4 24 | $-3.9M | — | ||
| Q3 24 | $20.2M | $118.4M | ||
| Q2 24 | $2.7M | $-62.3M | ||
| Q1 24 | $41.9M | $-59.8M |
| Q4 25 | -8.0% | -57.5% | ||
| Q3 25 | 3.8% | 38.1% | ||
| Q2 25 | 5.6% | 3.8% | ||
| Q1 25 | 35.7% | -5.8% | ||
| Q4 24 | -2.5% | — | ||
| Q3 24 | 11.8% | 21.5% | ||
| Q2 24 | 1.7% | -19.6% | ||
| Q1 24 | 28.8% | -17.9% |
| Q4 25 | 1.2% | 0.0% | ||
| Q3 25 | 1.3% | 0.1% | ||
| Q2 25 | 1.5% | 0.2% | ||
| Q1 25 | 0.7% | 0.2% | ||
| Q4 24 | 0.4% | 0.0% | ||
| Q3 24 | 0.6% | 0.1% | ||
| Q2 24 | 1.1% | 0.2% | ||
| Q1 24 | 0.7% | 0.2% |
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | — | -1.59× | ||
| Q1 24 | — | -1.32× |
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% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
