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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

HUTCHMED (China) Ltd is the larger business by last-quarter revenue ($270.8M 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 -16.5%). HUTCHMED (China) Ltd produced more free cash flow last quarter ($3.4M vs $-14.7M).

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.

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

ACVA vs HCM — Head-to-Head

Bigger by revenue
HCM
HCM
1.5× larger
HCM
$270.8M
$183.6M
ACVA
Growing faster (revenue YoY)
ACVA
ACVA
+31.7% gap
ACVA
15.1%
-16.5%
HCM
More free cash flow
HCM
HCM
$18.0M more FCF
HCM
$3.4M
$-14.7M
ACVA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACVA
ACVA
HCM
HCM
Revenue
$183.6M
$270.8M
Net Profit
$2.0M
Gross Margin
37.7%
Operating Margin
-9.7%
-13.2%
Net Margin
0.7%
Revenue YoY
15.1%
-16.5%
Net Profit YoY
-83.6%
EPS (diluted)
$-0.12
$0.00

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
HCM
HCM
Q4 25
$183.6M
$270.8M
Q3 25
$199.6M
Q2 25
$193.7M
$277.7M
Q1 25
$182.7M
$324.5M
Q4 24
$159.5M
Q3 24
$171.3M
Q2 24
$160.6M
$305.7M
Q1 24
$145.7M
Net Profit
ACVA
ACVA
HCM
HCM
Q4 25
$2.0M
Q3 25
$-24.5M
Q2 25
$-7.3M
$455.0M
Q1 25
$-14.8M
$11.9M
Q4 24
Q3 24
$-16.0M
Q2 24
$-17.1M
$25.8M
Q1 24
$-20.5M
Gross Margin
ACVA
ACVA
HCM
HCM
Q4 25
37.7%
Q3 25
Q2 25
0.1%
Q1 25
48.0%
Q4 24
Q3 24
Q2 24
41.1%
Q1 24
Operating Margin
ACVA
ACVA
HCM
HCM
Q4 25
-9.7%
-13.2%
Q3 25
-11.9%
Q2 25
-3.7%
-1.3%
Q1 25
-7.9%
-5.0%
Q4 24
-16.2%
Q3 24
-10.0%
Q2 24
-11.6%
-9.0%
Q1 24
-15.5%
Net Margin
ACVA
ACVA
HCM
HCM
Q4 25
0.7%
Q3 25
-12.3%
Q2 25
-3.8%
163.8%
Q1 25
-8.1%
3.7%
Q4 24
Q3 24
-9.4%
Q2 24
-10.6%
8.4%
Q1 24
-14.1%
EPS (diluted)
ACVA
ACVA
HCM
HCM
Q4 25
$-0.12
$0.00
Q3 25
$-0.14
Q2 25
$-0.04
$0.52
Q1 25
$-0.09
$0.01
Q4 24
$-0.15
Q3 24
$-0.10
Q2 24
$-0.10
$0.03
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
ACVA
ACVA
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$271.5M
$1.4B
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$429.7M
$1.2B
Total Assets
$1.1B
$1.8B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
HCM
HCM
Q4 25
$271.5M
$1.4B
Q3 25
$265.3M
Q2 25
$258.4M
$1.4B
Q1 25
$291.9M
$836.1M
Q4 24
$224.1M
Q3 24
$252.5M
Q2 24
$215.0M
$802.5M
Q1 24
$209.8M
Total Debt
ACVA
ACVA
HCM
HCM
Q4 25
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
ACVA
ACVA
HCM
HCM
Q4 25
$429.7M
$1.2B
Q3 25
$434.4M
Q2 25
$448.8M
$1.2B
Q1 25
$439.6M
$759.9M
Q4 24
$440.0M
Q3 24
$456.2M
Q2 24
$457.6M
$740.1M
Q1 24
$458.3M
Total Assets
ACVA
ACVA
HCM
HCM
Q4 25
$1.1B
$1.8B
Q3 25
$1.2B
Q2 25
$1.1B
$1.8B
Q1 25
$1.2B
$1.3B
Q4 24
$984.1M
Q3 24
$1.0B
Q2 24
$1.0B
$1.3B
Q1 24
$1.0B
Debt / Equity
ACVA
ACVA
HCM
HCM
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24

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
HCM
HCM
Operating Cash FlowLast quarter
$-12.4M
$8.2M
Free Cash FlowOCF − Capex
$-14.7M
$3.4M
FCF MarginFCF / Revenue
-8.0%
1.2%
Capex IntensityCapex / Revenue
1.2%
1.8%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$69.1M
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
HCM
HCM
Q4 25
$-12.4M
$8.2M
Q3 25
$10.3M
Q2 25
$13.7M
$-72.9M
Q1 25
$66.6M
$40.3M
Q4 24
$-3.2M
Q3 24
$21.1M
Q2 24
$4.5M
$-39.8M
Q1 24
$43.0M
Free Cash Flow
ACVA
ACVA
HCM
HCM
Q4 25
$-14.7M
$3.4M
Q3 25
$7.7M
Q2 25
$10.9M
$-82.2M
Q1 25
$65.3M
$32.5M
Q4 24
$-3.9M
Q3 24
$20.2M
Q2 24
$2.7M
$-49.9M
Q1 24
$41.9M
FCF Margin
ACVA
ACVA
HCM
HCM
Q4 25
-8.0%
1.2%
Q3 25
3.8%
Q2 25
5.6%
-29.6%
Q1 25
35.7%
10.0%
Q4 24
-2.5%
Q3 24
11.8%
Q2 24
1.7%
-16.3%
Q1 24
28.8%
Capex Intensity
ACVA
ACVA
HCM
HCM
Q4 25
1.2%
1.8%
Q3 25
1.3%
Q2 25
1.5%
3.3%
Q1 25
0.7%
2.4%
Q4 24
0.4%
Q3 24
0.6%
Q2 24
1.1%
3.3%
Q1 24
0.7%
Cash Conversion
ACVA
ACVA
HCM
HCM
Q4 25
4.21×
Q3 25
Q2 25
-0.16×
Q1 25
3.38×
Q4 24
Q3 24
Q2 24
-1.54×
Q1 24

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%

HCM
HCM

Segment breakdown not available.

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