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Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Vericel Corp (VCEL). Click either name above to swap in a different company.
ACV Auctions Inc. is the larger business by last-quarter revenue ($183.6M vs $92.9M, roughly 2.0× Vericel Corp). On growth, Vericel Corp posted the faster year-over-year revenue change (23.3% vs 15.1%). Vericel Corp produced more free cash flow last quarter ($12.8M vs $-14.7M). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% CAGR vs 12.3%).
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.
Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.
ACVA vs VCEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $92.9M |
| Net Profit | — | $23.2M |
| Gross Margin | — | 78.7% |
| Operating Margin | -9.7% | 24.1% |
| Net Margin | — | 25.0% |
| Revenue YoY | 15.1% | 23.3% |
| Net Profit YoY | — | 17.3% |
| EPS (diluted) | $-0.12 | $0.46 |
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 | $92.9M | ||
| Q3 25 | $199.6M | $67.5M | ||
| Q2 25 | $193.7M | $63.2M | ||
| Q1 25 | $182.7M | $52.6M | ||
| Q4 24 | $159.5M | $75.4M | ||
| Q3 24 | $171.3M | $57.9M | ||
| Q2 24 | $160.6M | $52.7M | ||
| Q1 24 | $145.7M | $51.3M |
| Q4 25 | — | $23.2M | ||
| Q3 25 | $-24.5M | $5.1M | ||
| Q2 25 | $-7.3M | $-553.0K | ||
| Q1 25 | $-14.8M | $-11.2M | ||
| Q4 24 | — | $19.8M | ||
| Q3 24 | $-16.0M | $-901.0K | ||
| Q2 24 | $-17.1M | $-4.7M | ||
| Q1 24 | $-20.5M | $-3.9M |
| Q4 25 | — | 78.7% | ||
| Q3 25 | — | 73.5% | ||
| Q2 25 | — | 73.7% | ||
| Q1 25 | — | 69.0% | ||
| Q4 24 | — | 77.6% | ||
| Q3 24 | — | 71.9% | ||
| Q2 24 | — | 69.5% | ||
| Q1 24 | — | 68.9% |
| Q4 25 | -9.7% | 24.1% | ||
| Q3 25 | -11.9% | 5.1% | ||
| Q2 25 | -3.7% | -3.2% | ||
| Q1 25 | -7.9% | -24.3% | ||
| Q4 24 | -16.2% | 24.5% | ||
| Q3 24 | -10.0% | -4.3% | ||
| Q2 24 | -11.6% | -11.5% | ||
| Q1 24 | -15.5% | -10.7% |
| Q4 25 | — | 25.0% | ||
| Q3 25 | -12.3% | 7.5% | ||
| Q2 25 | -3.8% | -0.9% | ||
| Q1 25 | -8.1% | -21.4% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | -9.4% | -1.6% | ||
| Q2 24 | -10.6% | -8.9% | ||
| Q1 24 | -14.1% | -7.5% |
| Q4 25 | $-0.12 | $0.46 | ||
| Q3 25 | $-0.14 | $0.10 | ||
| Q2 25 | $-0.04 | $-0.01 | ||
| Q1 25 | $-0.09 | $-0.23 | ||
| Q4 24 | $-0.15 | $0.40 | ||
| Q3 24 | $-0.10 | $-0.02 | ||
| Q2 24 | $-0.10 | $-0.10 | ||
| Q1 24 | $-0.13 | $-0.08 |
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 | $137.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $354.6M |
| Total Assets | $1.1B | $488.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $137.5M | ||
| Q3 25 | $265.3M | $135.4M | ||
| Q2 25 | $258.4M | $116.9M | ||
| Q1 25 | $291.9M | $112.9M | ||
| Q4 24 | $224.1M | $116.2M | ||
| Q3 24 | $252.5M | $101.7M | ||
| Q2 24 | $215.0M | $102.5M | ||
| Q1 24 | $209.8M | $110.6M |
| Q4 25 | $429.7M | $354.6M | ||
| Q3 25 | $434.4M | $321.9M | ||
| Q2 25 | $448.8M | $306.8M | ||
| Q1 25 | $439.6M | $295.5M | ||
| Q4 24 | $440.0M | $292.0M | ||
| Q3 24 | $456.2M | $257.5M | ||
| Q2 24 | $457.6M | $243.0M | ||
| Q1 24 | $458.3M | $233.9M |
| Q4 25 | $1.1B | $488.0M | ||
| Q3 25 | $1.2B | $453.3M | ||
| Q2 25 | $1.1B | $435.6M | ||
| Q1 25 | $1.2B | $424.6M | ||
| Q4 24 | $984.1M | $432.7M | ||
| Q3 24 | $1.0B | $390.4M | ||
| Q2 24 | $1.0B | $376.8M | ||
| Q1 24 | $1.0B | $356.7M |
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 | $15.0M |
| Free Cash FlowOCF − Capex | $-14.7M | $12.8M |
| FCF MarginFCF / Revenue | -8.0% | 13.8% |
| Capex IntensityCapex / Revenue | 1.2% | 2.4% |
| Cash ConversionOCF / Net Profit | — | 0.65× |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $15.0M | ||
| Q3 25 | $10.3M | $22.1M | ||
| Q2 25 | $13.7M | $8.2M | ||
| Q1 25 | $66.6M | $6.6M | ||
| Q4 24 | $-3.2M | $22.2M | ||
| Q3 24 | $21.1M | $10.2M | ||
| Q2 24 | $4.5M | $18.5M | ||
| Q1 24 | $43.0M | $7.2M |
| Q4 25 | $-14.7M | $12.8M | ||
| Q3 25 | $7.7M | $19.5M | ||
| Q2 25 | $10.9M | $81.0K | ||
| Q1 25 | $65.3M | $-7.6M | ||
| Q4 24 | $-3.9M | $8.5M | ||
| Q3 24 | $20.2M | $-9.2M | ||
| Q2 24 | $2.7M | $1.8M | ||
| Q1 24 | $41.9M | $-6.8M |
| Q4 25 | -8.0% | 13.8% | ||
| Q3 25 | 3.8% | 28.8% | ||
| Q2 25 | 5.6% | 0.1% | ||
| Q1 25 | 35.7% | -14.5% | ||
| Q4 24 | -2.5% | 11.2% | ||
| Q3 24 | 11.8% | -15.9% | ||
| Q2 24 | 1.7% | 3.4% | ||
| Q1 24 | 28.8% | -13.3% |
| Q4 25 | 1.2% | 2.4% | ||
| Q3 25 | 1.3% | 3.9% | ||
| Q2 25 | 1.5% | 12.9% | ||
| Q1 25 | 0.7% | 27.0% | ||
| Q4 24 | 0.4% | 18.3% | ||
| Q3 24 | 0.6% | 33.5% | ||
| Q2 24 | 1.1% | 31.8% | ||
| Q1 24 | 0.7% | 27.3% |
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 4.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
VCEL
| MACI Implants And Kits | $84.1M | 90% |
| Other | $8.8M | 10% |
