vs
Side-by-side financial comparison of ACV Auctions Inc. (ACVA) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $183.6M, roughly 1.9× ACV Auctions Inc.). On growth, ACV Auctions Inc. posted the faster year-over-year revenue change (15.1% vs -0.4%). ACV Auctions Inc. produced more free cash flow last quarter ($-14.7M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% 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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
ACVA vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.6M | $340.0M |
| Net Profit | — | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | -9.7% | -17.2% |
| Net Margin | — | -12.9% |
| Revenue YoY | 15.1% | -0.4% |
| Net Profit YoY | — | -131.0% |
| EPS (diluted) | $-0.12 | $-0.41 |
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 | $340.0M | ||
| Q3 25 | $199.6M | $337.7M | ||
| Q2 25 | $193.7M | $319.2M | ||
| Q1 25 | $182.7M | $237.4M | ||
| Q4 24 | $159.5M | $341.5M | ||
| Q3 24 | $171.3M | $292.3M | ||
| Q2 24 | $160.6M | $270.7M | ||
| Q1 24 | $145.7M | $228.1M |
| Q4 25 | — | $-13.9M | ||
| Q3 25 | $-24.5M | $33.5M | ||
| Q2 25 | $-7.3M | $34.0M | ||
| Q1 25 | $-14.8M | $2.8M | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | $-16.0M | $28.8M | ||
| Q2 24 | $-17.1M | $22.7M | ||
| Q1 24 | $-20.5M | $11.9M |
| Q4 25 | -9.7% | -17.2% | ||
| Q3 25 | -11.9% | 13.6% | ||
| Q2 25 | -3.7% | 14.5% | ||
| Q1 25 | -7.9% | 2.2% | ||
| Q4 24 | -16.2% | 15.3% | ||
| Q3 24 | -10.0% | 12.8% | ||
| Q2 24 | -11.6% | 10.4% | ||
| Q1 24 | -15.5% | 6.0% |
| Q4 25 | — | -12.9% | ||
| Q3 25 | -12.3% | 9.9% | ||
| Q2 25 | -3.8% | 10.6% | ||
| Q1 25 | -8.1% | 1.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | -9.4% | 9.9% | ||
| Q2 24 | -10.6% | 8.4% | ||
| Q1 24 | -14.1% | 5.2% |
| Q4 25 | $-0.12 | $-0.41 | ||
| Q3 25 | $-0.14 | $0.98 | ||
| Q2 25 | $-0.04 | $0.99 | ||
| Q1 25 | $-0.09 | $0.08 | ||
| Q4 24 | $-0.15 | $1.32 | ||
| Q3 24 | $-0.10 | $0.85 | ||
| Q2 24 | $-0.10 | $0.67 | ||
| Q1 24 | $-0.13 | $0.35 |
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 | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $429.7M | $1.7B |
| Total Assets | $1.1B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $271.5M | $299.3M | ||
| Q3 25 | $265.3M | $274.8M | ||
| Q2 25 | $258.4M | $233.7M | ||
| Q1 25 | $291.9M | $181.0M | ||
| Q4 24 | $224.1M | $279.3M | ||
| Q3 24 | $252.5M | $179.8M | ||
| Q2 24 | $215.0M | $208.1M | ||
| Q1 24 | $209.8M | $216.5M |
| Q4 25 | $429.7M | $1.7B | ||
| Q3 25 | $434.4M | $1.8B | ||
| Q2 25 | $448.8M | $1.8B | ||
| Q1 25 | $439.6M | $1.7B | ||
| Q4 24 | $440.0M | $1.7B | ||
| Q3 24 | $456.2M | $1.7B | ||
| Q2 24 | $457.6M | $1.7B | ||
| Q1 24 | $458.3M | $1.7B |
| Q4 25 | $1.1B | $5.1B | ||
| Q3 25 | $1.2B | $5.8B | ||
| Q2 25 | $1.1B | $4.7B | ||
| Q1 25 | $1.2B | $4.5B | ||
| Q4 24 | $984.1M | $4.4B | ||
| Q3 24 | $1.0B | $4.6B | ||
| Q2 24 | $1.0B | $4.2B | ||
| Q1 24 | $1.0B | $3.8B |
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 | $-664.3M |
| Free Cash FlowOCF − Capex | $-14.7M | $-680.1M |
| FCF MarginFCF / Revenue | -8.0% | -200.0% |
| Capex IntensityCapex / Revenue | 1.2% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $69.1M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-12.4M | $-664.3M | ||
| Q3 25 | $10.3M | $-948.1M | ||
| Q2 25 | $13.7M | $-238.5M | ||
| Q1 25 | $66.6M | $-281.1M | ||
| Q4 24 | $-3.2M | $129.4M | ||
| Q3 24 | $21.1M | $-202.0M | ||
| Q2 24 | $4.5M | $-237.8M | ||
| Q1 24 | $43.0M | $38.4M |
| Q4 25 | $-14.7M | $-680.1M | ||
| Q3 25 | $7.7M | $-950.4M | ||
| Q2 25 | $10.9M | $-241.0M | ||
| Q1 25 | $65.3M | $-284.7M | ||
| Q4 24 | $-3.9M | $116.4M | ||
| Q3 24 | $20.2M | $-204.0M | ||
| Q2 24 | $2.7M | $-241.7M | ||
| Q1 24 | $41.9M | $35.2M |
| Q4 25 | -8.0% | -200.0% | ||
| Q3 25 | 3.8% | -281.5% | ||
| Q2 25 | 5.6% | -75.5% | ||
| Q1 25 | 35.7% | -120.0% | ||
| Q4 24 | -2.5% | 34.1% | ||
| Q3 24 | 11.8% | -69.8% | ||
| Q2 24 | 1.7% | -89.3% | ||
| Q1 24 | 28.8% | 15.4% |
| Q4 25 | 1.2% | 4.6% | ||
| Q3 25 | 1.3% | 0.7% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 0.7% | 1.5% | ||
| Q4 24 | 0.4% | 3.8% | ||
| Q3 24 | 0.6% | 0.7% | ||
| Q2 24 | 1.1% | 1.4% | ||
| Q1 24 | 0.7% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | -28.34× | ||
| Q2 25 | — | -7.02× | ||
| Q1 25 | — | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | — | -10.49× | ||
| Q1 24 | — | 3.24× |
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% |
WD
Segment breakdown not available.
