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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Kennedy-Wilson Holdings, Inc. (KW). Click either name above to swap in a different company.
ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $120.6M, roughly 1.5× Kennedy-Wilson Holdings, Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs -11.0%). ACV Auctions Inc. produced more free cash flow last quarter ($-14.7M vs $-55.2M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs -6.0%).
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.
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
ACVA vs KW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $120.6M |
| Net Profit | — | $58.0M |
| Gross Margin | — | — |
| Operating Margin | -9.7% | 57.3% |
| Net Margin | — | 48.1% |
| Revenue YoY | 15.1% | -11.0% |
| Net Profit YoY | — | 32.7% |
| EPS (diluted) | $-0.12 | $0.22 |
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 | $120.6M | ||
| Q3 25 | $199.6M | $116.4M | ||
| Q2 25 | $193.7M | $135.7M | ||
| Q1 25 | $182.7M | $128.3M | ||
| Q4 24 | $159.5M | $135.5M | ||
| Q3 24 | $171.3M | $127.5M | ||
| Q2 24 | $160.6M | $132.0M | ||
| Q1 24 | $145.7M | $136.4M |
| Q4 25 | — | $58.0M | ||
| Q3 25 | $-24.5M | $-10.2M | ||
| Q2 25 | $-7.3M | $5.6M | ||
| Q1 25 | $-14.8M | $-29.6M | ||
| Q4 24 | — | $43.7M | ||
| Q3 24 | $-16.0M | $-66.8M | ||
| Q2 24 | $-17.1M | $-48.3M | ||
| Q1 24 | $-20.5M | $37.7M |
| Q4 25 | -9.7% | 57.3% | ||
| Q3 25 | -11.9% | -6.2% | ||
| Q2 25 | -3.7% | 7.4% | ||
| Q1 25 | -7.9% | -26.9% | ||
| Q4 24 | -16.2% | 36.7% | ||
| Q3 24 | -10.0% | -60.8% | ||
| Q2 24 | -11.6% | -45.5% | ||
| Q1 24 | -15.5% | 47.2% |
| Q4 25 | — | 48.1% | ||
| Q3 25 | -12.3% | -8.8% | ||
| Q2 25 | -3.8% | 4.1% | ||
| Q1 25 | -8.1% | -23.1% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | -9.4% | -52.4% | ||
| Q2 24 | -10.6% | -36.6% | ||
| Q1 24 | -14.1% | 27.6% |
| Q4 25 | $-0.12 | $0.22 | ||
| Q3 25 | $-0.14 | $-0.15 | ||
| Q2 25 | $-0.04 | $-0.05 | ||
| Q1 25 | $-0.09 | $-0.30 | ||
| Q4 24 | $-0.15 | $0.24 | ||
| Q3 24 | $-0.10 | $-0.56 | ||
| Q2 24 | $-0.10 | $-0.43 | ||
| Q1 24 | $-0.13 | $0.19 |
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 | $184.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $1.5B |
| Total Assets | $1.1B | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $184.5M | ||
| Q3 25 | $265.3M | $382.6M | ||
| Q2 25 | $258.4M | $309.1M | ||
| Q1 25 | $291.9M | $356.6M | ||
| Q4 24 | $224.1M | $217.5M | ||
| Q3 24 | $252.5M | $367.1M | ||
| Q2 24 | $215.0M | $366.5M | ||
| Q1 24 | $209.8M | $541.9M |
| Q4 25 | $429.7M | $1.5B | ||
| Q3 25 | $434.4M | $1.5B | ||
| Q2 25 | $448.8M | $1.6B | ||
| Q1 25 | $439.6M | $1.6B | ||
| Q4 24 | $440.0M | $1.6B | ||
| Q3 24 | $456.2M | $1.6B | ||
| Q2 24 | $457.6M | $1.7B | ||
| Q1 24 | $458.3M | $1.7B |
| Q4 25 | $1.1B | $6.6B | ||
| Q3 25 | $1.2B | $6.7B | ||
| Q2 25 | $1.1B | $6.8B | ||
| Q1 25 | $1.2B | $7.2B | ||
| Q4 24 | $984.1M | $7.0B | ||
| Q3 24 | $1.0B | $7.4B | ||
| Q2 24 | $1.0B | $7.5B | ||
| Q1 24 | $1.0B | $7.7B |
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 | $11.4M |
| Free Cash FlowOCF − Capex | $-14.7M | $-55.2M |
| FCF MarginFCF / Revenue | -8.0% | -45.8% |
| Capex IntensityCapex / Revenue | 1.2% | 55.2% |
| Cash ConversionOCF / Net Profit | — | 0.20× |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $-103.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $11.4M | ||
| Q3 25 | $10.3M | $-7.6M | ||
| Q2 25 | $13.7M | $42.0M | ||
| Q1 25 | $66.6M | $-51.9M | ||
| Q4 24 | $-3.2M | $55.1M | ||
| Q3 24 | $21.1M | $-5.6M | ||
| Q2 24 | $4.5M | $36.7M | ||
| Q1 24 | $43.0M | $-5.6M |
| Q4 25 | $-14.7M | $-55.2M | ||
| Q3 25 | $7.7M | $-18.0M | ||
| Q2 25 | $10.9M | $29.4M | ||
| Q1 25 | $65.3M | $-59.7M | ||
| Q4 24 | $-3.9M | $-76.5M | ||
| Q3 24 | $20.2M | $-27.7M | ||
| Q2 24 | $2.7M | $-500.0K | ||
| Q1 24 | $41.9M | $-57.1M |
| Q4 25 | -8.0% | -45.8% | ||
| Q3 25 | 3.8% | -15.5% | ||
| Q2 25 | 5.6% | 21.7% | ||
| Q1 25 | 35.7% | -46.5% | ||
| Q4 24 | -2.5% | -56.5% | ||
| Q3 24 | 11.8% | -21.7% | ||
| Q2 24 | 1.7% | -0.4% | ||
| Q1 24 | 28.8% | -41.9% |
| Q4 25 | 1.2% | 55.2% | ||
| Q3 25 | 1.3% | 8.9% | ||
| Q2 25 | 1.5% | 9.3% | ||
| Q1 25 | 0.7% | 6.1% | ||
| Q4 24 | 0.4% | 97.1% | ||
| Q3 24 | 0.6% | 17.3% | ||
| Q2 24 | 1.1% | 28.2% | ||
| Q1 24 | 0.7% | 37.8% |
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 7.50× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.15× |
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% |
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
