vs

Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.

ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $143.3M, roughly 1.3× Piedmont Realty Trust, Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs 0.4%). Over the past eight quarters, ACV Auctions Inc.'s revenue compounded faster (12.3% CAGR vs 0.0%).

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.

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

ACVA vs PDM — Head-to-Head

Bigger by revenue
ACVA
ACVA
1.3× larger
ACVA
$183.6M
$143.3M
PDM
Growing faster (revenue YoY)
ACVA
ACVA
+14.7% gap
ACVA
15.1%
0.4%
PDM
Faster 2-yr revenue CAGR
ACVA
ACVA
Annualised
ACVA
12.3%
0.0%
PDM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ACVA
ACVA
PDM
PDM
Revenue
$183.6M
$143.3M
Net Profit
$-45.0M
Gross Margin
Operating Margin
-9.7%
Net Margin
-31.4%
Revenue YoY
15.1%
0.4%
Net Profit YoY
-27.9%
EPS (diluted)
$-0.12
$-0.10

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
PDM
PDM
Q1 26
$143.3M
Q4 25
$183.6M
$142.9M
Q3 25
$199.6M
$139.2M
Q2 25
$193.7M
$140.3M
Q1 25
$182.7M
$142.7M
Q4 24
$159.5M
$143.2M
Q3 24
$171.3M
$139.3M
Q2 24
$160.6M
$143.3M
Net Profit
ACVA
ACVA
PDM
PDM
Q1 26
$-45.0M
Q4 25
$-43.2M
Q3 25
$-24.5M
$-13.5M
Q2 25
$-7.3M
$-16.8M
Q1 25
$-14.8M
$-10.1M
Q4 24
$-30.0M
Q3 24
$-16.0M
$-11.5M
Q2 24
$-17.1M
$-9.8M
Operating Margin
ACVA
ACVA
PDM
PDM
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%
Net Margin
ACVA
ACVA
PDM
PDM
Q1 26
-31.4%
Q4 25
-30.3%
Q3 25
-12.3%
-9.7%
Q2 25
-3.8%
-12.0%
Q1 25
-8.1%
-7.1%
Q4 24
-20.9%
Q3 24
-9.4%
-8.3%
Q2 24
-10.6%
-6.8%
EPS (diluted)
ACVA
ACVA
PDM
PDM
Q1 26
$-0.10
Q4 25
$-0.12
$-0.34
Q3 25
$-0.14
$-0.11
Q2 25
$-0.04
$-0.14
Q1 25
$-0.09
$-0.08
Q4 24
$-0.15
$-0.25
Q3 24
$-0.10
$-0.09
Q2 24
$-0.10
$-0.08

Balance Sheet & Financial Strength

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

Metric
ACVA
ACVA
PDM
PDM
Cash + ST InvestmentsLiquidity on hand
$271.5M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$429.7M
$1.5B
Total Assets
$1.1B
$4.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACVA
ACVA
PDM
PDM
Q1 26
$2.3M
Q4 25
$271.5M
$731.0K
Q3 25
$265.3M
$3.0M
Q2 25
$258.4M
$3.3M
Q1 25
$291.9M
$2.9M
Q4 24
$224.1M
$109.6M
Q3 24
$252.5M
$133.6M
Q2 24
$215.0M
$138.5M
Total Debt
ACVA
ACVA
PDM
PDM
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
ACVA
ACVA
PDM
PDM
Q1 26
$1.5B
Q4 25
$429.7M
$1.5B
Q3 25
$434.4M
$1.5B
Q2 25
$448.8M
$1.5B
Q1 25
$439.6M
$1.6B
Q4 24
$440.0M
$1.6B
Q3 24
$456.2M
$1.6B
Q2 24
$457.6M
$1.7B
Total Assets
ACVA
ACVA
PDM
PDM
Q1 26
$4.0B
Q4 25
$1.1B
$4.0B
Q3 25
$1.2B
$4.0B
Q2 25
$1.1B
$4.0B
Q1 25
$1.2B
$4.0B
Q4 24
$984.1M
$4.1B
Q3 24
$1.0B
$4.1B
Q2 24
$1.0B
$4.2B
Debt / Equity
ACVA
ACVA
PDM
PDM
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

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
PDM
PDM
Operating Cash FlowLast quarter
$-12.4M
Free Cash FlowOCF − Capex
$-14.7M
FCF MarginFCF / Revenue
-8.0%
Capex IntensityCapex / Revenue
1.2%
110.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$69.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACVA
ACVA
PDM
PDM
Q1 26
Q4 25
$-12.4M
$140.6M
Q3 25
$10.3M
$35.8M
Q2 25
$13.7M
$50.1M
Q1 25
$66.6M
$3.7M
Q4 24
$-3.2M
$198.1M
Q3 24
$21.1M
$42.9M
Q2 24
$4.5M
$66.8M
Free Cash Flow
ACVA
ACVA
PDM
PDM
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
FCF Margin
ACVA
ACVA
PDM
PDM
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%
Capex Intensity
ACVA
ACVA
PDM
PDM
Q1 26
110.3%
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%

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%

PDM
PDM

Segment breakdown not available.

Related Comparisons