vs
Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and JFrog Ltd (FROG). Click either name above to swap in a different company.
ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $145.3M, roughly 1.3× JFrog Ltd). On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 15.1%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-14.7M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 12.3%).
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.
JFrog Ltd is a global DevOps technology provider that delivers end-to-end software release, artifact management, and security solutions. It serves clients across tech, finance, retail, and manufacturing sectors, helping teams streamline development and delivery workflows for cloud, on-premises, and hybrid infrastructure.
ACVA vs FROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $145.3M |
| Net Profit | — | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | -9.7% | -14.7% |
| Net Margin | — | -10.5% |
| Revenue YoY | 15.1% | 25.2% |
| Net Profit YoY | — | 34.4% |
| EPS (diluted) | $-0.12 | $-0.13 |
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 | $145.3M | ||
| Q3 25 | $199.6M | $136.9M | ||
| Q2 25 | $193.7M | $127.2M | ||
| Q1 25 | $182.7M | $122.4M | ||
| Q4 24 | $159.5M | $116.1M | ||
| Q3 24 | $171.3M | $109.1M | ||
| Q2 24 | $160.6M | $103.0M | ||
| Q1 24 | $145.7M | $100.3M |
| Q4 25 | — | $-15.2M | ||
| Q3 25 | $-24.5M | $-16.4M | ||
| Q2 25 | $-7.3M | $-21.7M | ||
| Q1 25 | $-14.8M | $-18.5M | ||
| Q4 24 | — | $-23.2M | ||
| Q3 24 | $-16.0M | $-22.9M | ||
| Q2 24 | $-17.1M | $-14.3M | ||
| Q1 24 | $-20.5M | $-8.8M |
| Q4 25 | — | 77.9% | ||
| Q3 25 | — | 77.4% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 75.3% | ||
| Q4 24 | — | 75.4% | ||
| Q3 24 | — | 75.0% | ||
| Q2 24 | — | 78.8% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | -9.7% | -14.7% | ||
| Q3 25 | -11.9% | -15.8% | ||
| Q2 25 | -3.7% | -20.4% | ||
| Q1 25 | -7.9% | -18.8% | ||
| Q4 24 | -16.2% | -21.9% | ||
| Q3 24 | -10.0% | -27.4% | ||
| Q2 24 | -11.6% | -18.6% | ||
| Q1 24 | -15.5% | -16.6% |
| Q4 25 | — | -10.5% | ||
| Q3 25 | -12.3% | -12.0% | ||
| Q2 25 | -3.8% | -17.0% | ||
| Q1 25 | -8.1% | -15.1% | ||
| Q4 24 | — | -20.0% | ||
| Q3 24 | -9.4% | -21.0% | ||
| Q2 24 | -10.6% | -13.9% | ||
| Q1 24 | -14.1% | -8.8% |
| Q4 25 | $-0.12 | $-0.13 | ||
| Q3 25 | $-0.14 | $-0.14 | ||
| Q2 25 | $-0.04 | $-0.19 | ||
| Q1 25 | $-0.09 | $-0.16 | ||
| Q4 24 | $-0.15 | $-0.21 | ||
| Q3 24 | $-0.10 | $-0.21 | ||
| Q2 24 | $-0.10 | $-0.13 | ||
| Q1 24 | $-0.13 | $-0.08 |
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 | $704.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $887.4M |
| Total Assets | $1.1B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $704.4M | ||
| Q3 25 | $265.3M | $651.1M | ||
| Q2 25 | $258.4M | $611.7M | ||
| Q1 25 | $291.9M | $563.5M | ||
| Q4 24 | $224.1M | $522.0M | ||
| Q3 24 | $252.5M | $467.8M | ||
| Q2 24 | $215.0M | $591.3M | ||
| Q1 24 | $209.8M | $579.6M |
| Q4 25 | $429.7M | $887.4M | ||
| Q3 25 | $434.4M | $859.4M | ||
| Q2 25 | $448.8M | $826.5M | ||
| Q1 25 | $439.6M | $800.0M | ||
| Q4 24 | $440.0M | $773.5M | ||
| Q3 24 | $456.2M | $756.2M | ||
| Q2 24 | $457.6M | $721.4M | ||
| Q1 24 | $458.3M | $707.8M |
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $984.1M | $1.1B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $1.0B | $1.0B | ||
| Q1 24 | $1.0B | $997.1M |
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 | $50.7M |
| Free Cash FlowOCF − Capex | $-14.7M | $49.9M |
| FCF MarginFCF / Revenue | -8.0% | 34.3% |
| Capex IntensityCapex / Revenue | 1.2% | 0.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $50.7M | ||
| Q3 25 | $10.3M | $30.2M | ||
| Q2 25 | $13.7M | $36.1M | ||
| Q1 25 | $66.6M | $28.8M | ||
| Q4 24 | $-3.2M | $49.1M | ||
| Q3 24 | $21.1M | $27.6M | ||
| Q2 24 | $4.5M | $16.7M | ||
| Q1 24 | $43.0M | $17.5M |
| Q4 25 | $-14.7M | $49.9M | ||
| Q3 25 | $7.7M | $28.8M | ||
| Q2 25 | $10.9M | $35.5M | ||
| Q1 25 | $65.3M | $28.1M | ||
| Q4 24 | $-3.9M | $48.5M | ||
| Q3 24 | $20.2M | $26.7M | ||
| Q2 24 | $2.7M | $16.0M | ||
| Q1 24 | $41.9M | $16.6M |
| Q4 25 | -8.0% | 34.3% | ||
| Q3 25 | 3.8% | 21.0% | ||
| Q2 25 | 5.6% | 27.9% | ||
| Q1 25 | 35.7% | 23.0% | ||
| Q4 24 | -2.5% | 41.8% | ||
| Q3 24 | 11.8% | 24.5% | ||
| Q2 24 | 1.7% | 15.5% | ||
| Q1 24 | 28.8% | 16.6% |
| Q4 25 | 1.2% | 0.6% | ||
| Q3 25 | 1.3% | 1.0% | ||
| Q2 25 | 1.5% | 0.5% | ||
| Q1 25 | 0.7% | 0.5% | ||
| Q4 24 | 0.4% | 0.5% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 1.1% | 0.7% | ||
| Q1 24 | 0.7% | 0.8% |
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% |
FROG
Segment breakdown not available.
