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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $165.3M, roughly 1.1× INDEPENDENCE REALTY TRUST, INC.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs 2.5%). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs 2.2%).
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.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
ACVA vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $165.3M |
| Net Profit | — | — |
| Gross Margin | — | — |
| Operating Margin | -9.7% | — |
| Net Margin | — | — |
| Revenue YoY | 15.1% | 2.5% |
| Net Profit YoY | — | — |
| 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.
| Q1 26 | — | $165.3M | ||
| Q4 25 | $183.6M | $167.1M | ||
| Q3 25 | $199.6M | $167.1M | ||
| Q2 25 | $193.7M | $162.2M | ||
| Q1 25 | $182.7M | $161.2M | ||
| Q4 24 | $159.5M | $161.0M | ||
| Q3 24 | $171.3M | $160.1M | ||
| Q2 24 | $160.6M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $33.3M | ||
| Q3 25 | $-24.5M | $6.9M | ||
| Q2 25 | $-7.3M | $8.0M | ||
| Q1 25 | $-14.8M | $8.4M | ||
| Q4 24 | — | $-1.0M | ||
| Q3 24 | $-16.0M | $12.4M | ||
| Q2 24 | $-17.1M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | -9.7% | — | ||
| Q3 25 | -11.9% | — | ||
| Q2 25 | -3.7% | — | ||
| Q1 25 | -7.9% | — | ||
| Q4 24 | -16.2% | — | ||
| Q3 24 | -10.0% | — | ||
| Q2 24 | -11.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.9% | ||
| Q3 25 | -12.3% | 4.1% | ||
| Q2 25 | -3.8% | 5.0% | ||
| Q1 25 | -8.1% | 5.2% | ||
| Q4 24 | — | -0.6% | ||
| Q3 24 | -9.4% | 7.7% | ||
| Q2 24 | -10.6% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-0.12 | $0.14 | ||
| Q3 25 | $-0.14 | $0.03 | ||
| Q2 25 | $-0.04 | $0.03 | ||
| Q1 25 | $-0.09 | $0.04 | ||
| Q4 24 | $-0.15 | $-0.01 | ||
| Q3 24 | $-0.10 | $0.05 | ||
| Q2 24 | $-0.10 | $0.05 |
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 | $23.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $3.4B |
| Total Assets | $1.1B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $271.5M | $23.6M | ||
| Q3 25 | $265.3M | $23.3M | ||
| Q2 25 | $258.4M | $19.5M | ||
| Q1 25 | $291.9M | $29.1M | ||
| Q4 24 | $224.1M | $21.2M | ||
| Q3 24 | $252.5M | $17.6M | ||
| Q2 24 | $215.0M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $429.7M | $3.5B | ||
| Q3 25 | $434.4M | $3.5B | ||
| Q2 25 | $448.8M | $3.4B | ||
| Q1 25 | $439.6M | $3.5B | ||
| Q4 24 | $440.0M | $3.4B | ||
| Q3 24 | $456.2M | $3.4B | ||
| Q2 24 | $457.6M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $1.1B | $6.0B | ||
| Q3 25 | $1.2B | $6.1B | ||
| Q2 25 | $1.1B | $6.0B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $984.1M | $6.1B | ||
| Q3 24 | $1.0B | $5.9B | ||
| Q2 24 | $1.0B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
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 | — |
| FCF MarginFCF / Revenue | -8.0% | — |
| 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 | $282.1M | ||
| Q3 25 | $10.3M | $79.3M | ||
| Q2 25 | $13.7M | $82.2M | ||
| Q1 25 | $66.6M | $60.4M | ||
| Q4 24 | $-3.2M | $259.8M | ||
| Q3 24 | $21.1M | $69.2M | ||
| Q2 24 | $4.5M | $83.0M |
| Q1 26 | — | — | ||
| 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 | — | — | ||
| 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 | — | 8.48× | ||
| Q3 25 | — | 11.51× | ||
| Q2 25 | — | 10.22× | ||
| Q1 25 | — | 7.23× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.60× | ||
| Q2 24 | — | 8.02× |
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% |
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
