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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.

New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $183.6M, roughly 1.8× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs -7.0%). ACV Auctions Inc. produced more free cash flow last quarter ($-14.7M vs $-134.8M). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs -26.8%).

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.

New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.

ACVA vs NFE — Head-to-Head

Bigger by revenue
NFE
NFE
1.8× larger
NFE
$326.2M
$183.6M
ACVA
Growing faster (revenue YoY)
ACVA
ACVA
+22.1% gap
ACVA
15.1%
-7.0%
NFE
More free cash flow
ACVA
ACVA
$120.1M more FCF
ACVA
$-14.7M
$-134.8M
NFE
Faster 2-yr revenue CAGR
ACVA
ACVA
Annualised
ACVA
12.3%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACVA
ACVA
NFE
NFE
Revenue
$183.6M
$326.2M
Net Profit
$-847.1M
Gross Margin
35.5%
Operating Margin
-9.7%
-193.0%
Net Margin
-259.7%
Revenue YoY
15.1%
-7.0%
Net Profit YoY
-277.4%
EPS (diluted)
$-0.12
$-3.03

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
NFE
NFE
Q4 25
$183.6M
$326.2M
Q3 25
$199.6M
$240.3M
Q2 25
$193.7M
$228.1M
Q1 25
$182.7M
$384.9M
Q4 24
$159.5M
$350.7M
Q3 24
$171.3M
$446.0M
Q2 24
$160.6M
$291.2M
Q1 24
$145.7M
$609.5M
Net Profit
ACVA
ACVA
NFE
NFE
Q4 25
$-847.1M
Q3 25
$-24.5M
$-263.0M
Q2 25
$-7.3M
$-546.5M
Q1 25
$-14.8M
$-175.4M
Q4 24
$-224.4M
Q3 24
$-16.0M
$9.3M
Q2 24
$-17.1M
$-88.9M
Q1 24
$-20.5M
$54.1M
Gross Margin
ACVA
ACVA
NFE
NFE
Q4 25
35.5%
Q3 25
18.1%
Q2 25
8.4%
Q1 25
21.4%
Q4 24
17.6%
Q3 24
27.1%
Q2 24
23.8%
Q1 24
62.4%
Operating Margin
ACVA
ACVA
NFE
NFE
Q4 25
-9.7%
-193.0%
Q3 25
-11.9%
-37.4%
Q2 25
-3.7%
-170.3%
Q1 25
-7.9%
-3.3%
Q4 24
-16.2%
65.0%
Q3 24
-10.0%
17.8%
Q2 24
-11.6%
12.3%
Q1 24
-15.5%
30.4%
Net Margin
ACVA
ACVA
NFE
NFE
Q4 25
-259.7%
Q3 25
-12.3%
-109.4%
Q2 25
-3.8%
-239.6%
Q1 25
-8.1%
-45.6%
Q4 24
-64.0%
Q3 24
-9.4%
2.1%
Q2 24
-10.6%
-30.5%
Q1 24
-14.1%
8.9%
EPS (diluted)
ACVA
ACVA
NFE
NFE
Q4 25
$-0.12
$-3.03
Q3 25
$-0.14
$-0.96
Q2 25
$-0.04
$-1.99
Q1 25
$-0.09
$-0.65
Q4 24
$-0.15
$-1.10
Q3 24
$-0.10
$0.03
Q2 24
$-0.10
$-0.42
Q1 24
$-0.13
$0.23

Balance Sheet & Financial Strength

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

Metric
ACVA
ACVA
NFE
NFE
Cash + ST InvestmentsLiquidity on hand
$271.5M
$226.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$429.7M
$182.6M
Total Assets
$1.1B
$10.6B
Debt / EquityLower = less leverage
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
NFE
NFE
Q4 25
$271.5M
$226.5M
Q3 25
$265.3M
$145.2M
Q2 25
$258.4M
$551.1M
Q1 25
$291.9M
$447.9M
Q4 24
$224.1M
$492.9M
Q3 24
$252.5M
$90.8M
Q2 24
$215.0M
$133.0M
Q1 24
$209.8M
$143.5M
Total Debt
ACVA
ACVA
NFE
NFE
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACVA
ACVA
NFE
NFE
Q4 25
$429.7M
$182.6M
Q3 25
$434.4M
$1.1B
Q2 25
$448.8M
$1.3B
Q1 25
$439.6M
$1.8B
Q4 24
$440.0M
$1.9B
Q3 24
$456.2M
$1.6B
Q2 24
$457.6M
$1.6B
Q1 24
$458.3M
$1.7B
Total Assets
ACVA
ACVA
NFE
NFE
Q4 25
$1.1B
$10.6B
Q3 25
$1.2B
$12.0B
Q2 25
$1.1B
$12.0B
Q1 25
$1.2B
$13.1B
Q4 24
$984.1M
$12.9B
Q3 24
$1.0B
$12.0B
Q2 24
$1.0B
$11.4B
Q1 24
$1.0B
$10.9B
Debt / Equity
ACVA
ACVA
NFE
NFE
Q4 25
44.78×
Q3 25
Q2 25
Q1 25
Q4 24
4.74×
Q3 24
Q2 24
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
NFE
NFE
Operating Cash FlowLast quarter
$-12.4M
$-76.2M
Free Cash FlowOCF − Capex
$-14.7M
$-134.8M
FCF MarginFCF / Revenue
-8.0%
-41.3%
Capex IntensityCapex / Revenue
1.2%
18.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.1M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
NFE
NFE
Q4 25
$-12.4M
$-76.2M
Q3 25
$10.3M
$-171.0M
Q2 25
$13.7M
$-329.0M
Q1 25
$66.6M
$-7.2M
Q4 24
$-3.2M
$445.3M
Q3 24
$21.1M
$-20.0M
Q2 24
$4.5M
$113.9M
Q1 24
$43.0M
$63.0M
Free Cash Flow
ACVA
ACVA
NFE
NFE
Q4 25
$-14.7M
$-134.8M
Q3 25
$7.7M
$-231.6M
Q2 25
$10.9M
$-726.7M
Q1 25
$65.3M
$-262.3M
Q4 24
$-3.9M
$-210.3M
Q3 24
$20.2M
$-367.0M
Q2 24
$2.7M
$-493.2M
Q1 24
$41.9M
$-457.9M
FCF Margin
ACVA
ACVA
NFE
NFE
Q4 25
-8.0%
-41.3%
Q3 25
3.8%
-96.4%
Q2 25
5.6%
-318.6%
Q1 25
35.7%
-68.2%
Q4 24
-2.5%
-60.0%
Q3 24
11.8%
-82.3%
Q2 24
1.7%
-169.3%
Q1 24
28.8%
-75.1%
Capex Intensity
ACVA
ACVA
NFE
NFE
Q4 25
1.2%
18.0%
Q3 25
1.3%
25.2%
Q2 25
1.5%
174.4%
Q1 25
0.7%
66.3%
Q4 24
0.4%
187.0%
Q3 24
0.6%
77.8%
Q2 24
1.1%
208.4%
Q1 24
0.7%
85.5%
Cash Conversion
ACVA
ACVA
NFE
NFE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-2.15×
Q2 24
Q1 24
1.16×

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%

NFE
NFE

Segment breakdown not available.

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