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ACV Auctions Inc.（ACVA）与Advantage Solutions Inc.（ADV）财务数据对比。点击上方公司名可切换其他公司
Advantage Solutions Inc.的季度营收约是ACV Auctions Inc.的5.1倍（$932.1M vs $183.6M）。ACV Auctions Inc.同比增速更快（15.1% vs 4.5%）。Advantage Solutions Inc.自由现金流更多（$23.4M vs $-14.7M）。过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs 4.0%）
ACV Auctions Inc.是北美领先的数字化二手车批发拍卖平台，主要服务美加两地汽车经销商，提供车辆透明检测、安全支付、物流配送等全链条服务，助力注册批发买卖双方无需线下到场即可高效完成二手车交易。
该公司是一家全球数据与分析企业，为众多行业提供数据技术服务、分析工具、预测洞察与欺诈防范方案，总部位于佐治亚州阿尔法利塔，在美国全境以及澳大利亚、巴西、中国、法国、中国香港、印度、爱尔兰、以色列、菲律宾、英国均设有办公地点。
ACVA vs ADV — 直观对比
营收规模更大
ADV
是对方的5.1倍
$183.6M
营收增速更快
ACVA
高出10.7%
4.5%
自由现金流更多
ADV
多$38.1M
$-14.7M
两年增速更快
ACVA
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $932.1M |
| 净利润 | — | $-161.7M |
| 毛利率 | — | — |
| 营业利润率 | -9.7% | -17.4% |
| 净利率 | — | -17.4% |
| 营收同比 | 15.1% | 4.5% |
| 净利润同比 | — | 9.2% |
| 每股收益（稀释后） | $-0.12 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACVAADV
| Q4 25 | $183.6M | $932.1M | ||
| Q3 25 | $199.6M | $915.0M | ||
| Q2 25 | $193.7M | $873.7M | ||
| Q1 25 | $182.7M | $821.8M | ||
| Q4 24 | $159.5M | $892.3M | ||
| Q3 24 | $171.3M | $939.3M | ||
| Q2 24 | $160.6M | $873.4M | ||
| Q1 24 | $145.7M | $861.4M |
净利润ACVAADV
| Q4 25 | — | $-161.7M | ||
| Q3 25 | $-24.5M | $20.6M | ||
| Q2 25 | $-7.3M | $-30.4M | ||
| Q1 25 | $-14.8M | $-56.1M | ||
| Q4 24 | — | $-178.0M | ||
| Q3 24 | $-16.0M | $-42.8M | ||
| Q2 24 | $-17.1M | $-100.8M | ||
| Q1 24 | $-20.5M | $-5.3M |
营业利润率ACVAADV
| Q4 25 | -9.7% | -17.4% | ||
| Q3 25 | -11.9% | 4.4% | ||
| Q2 25 | -3.7% | 1.1% | ||
| Q1 25 | -7.9% | -1.8% | ||
| Q4 24 | -16.2% | -19.1% | ||
| Q3 24 | -10.0% | -0.3% | ||
| Q2 24 | -11.6% | -10.4% | ||
| Q1 24 | -15.5% | -3.5% |
净利率ACVAADV
| Q4 25 | — | -17.4% | ||
| Q3 25 | -12.3% | 2.2% | ||
| Q2 25 | -3.8% | -3.5% | ||
| Q1 25 | -8.1% | -6.8% | ||
| Q4 24 | — | -20.0% | ||
| Q3 24 | -9.4% | -4.6% | ||
| Q2 24 | -10.6% | -11.5% | ||
| Q1 24 | -14.1% | -0.6% |
每股收益（稀释后）ACVAADV
| Q4 25 | $-0.12 | — | ||
| Q3 25 | $-0.14 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.15 | — | ||
| Q3 24 | $-0.10 | $-0.13 | ||
| Q2 24 | $-0.10 | $-0.31 | ||
| Q1 24 | $-0.13 | $-0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $271.5M | $240.8M |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $429.7M | $554.0M |
| 总资产 | $1.1B | $2.8B |
| 负债/权益比越低杠杆越低 | — | 3.05× |
8季度趋势，按日历期对齐
现金及短期投资ACVAADV
| Q4 25 | $271.5M | $240.8M | ||
| Q3 25 | $265.3M | $201.1M | ||
| Q2 25 | $258.4M | $102.9M | ||
| Q1 25 | $291.9M | $121.1M | ||
| Q4 24 | $224.1M | $205.2M | ||
| Q3 24 | $252.5M | $196.1M | ||
| Q2 24 | $215.0M | $154.0M | ||
| Q1 24 | $209.8M | $112.3M |
总债务ACVAADV
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACVAADV
| Q4 25 | $429.7M | $554.0M | ||
| Q3 25 | $434.4M | $708.5M | ||
| Q2 25 | $448.8M | $683.6M | ||
| Q1 25 | $439.6M | $695.6M | ||
| Q4 24 | $440.0M | $748.7M | ||
| Q3 24 | $456.2M | $932.5M | ||
| Q2 24 | $457.6M | $973.7M | ||
| Q1 24 | $458.3M | $1.1B |
总资产ACVAADV
| Q4 25 | $1.1B | $2.8B | ||
| Q3 25 | $1.2B | $3.0B | ||
| Q2 25 | $1.1B | $3.0B | ||
| Q1 25 | $1.2B | $3.0B | ||
| Q4 24 | $984.1M | $3.1B | ||
| Q3 24 | $1.0B | $3.4B | ||
| Q2 24 | $1.0B | $3.5B | ||
| Q1 24 | $1.0B | $3.6B |
负债/权益比ACVAADV
| Q4 25 | — | 3.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-12.4M | $45.6M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | $23.4M |
| 自由现金流率自由现金流/营收 | -8.0% | 2.5% |
| 资本支出强度资本支出/营收 | 1.2% | 2.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $69.1M | $10.7M |
8季度趋势，按日历期对齐
经营现金流ACVAADV
| Q4 25 | $-12.4M | $45.6M | ||
| Q3 25 | $10.3M | $63.6M | ||
| Q2 25 | $13.7M | $-8.1M | ||
| Q1 25 | $66.6M | $-39.6M | ||
| Q4 24 | $-3.2M | $15.1M | ||
| Q3 24 | $21.1M | $34.0M | ||
| Q2 24 | $4.5M | $53.4M | ||
| Q1 24 | $43.0M | $-9.4M |
自由现金流ACVAADV
| Q4 25 | $-14.7M | $23.4M | ||
| Q3 25 | $7.7M | $52.2M | ||
| Q2 25 | $10.9M | $-10.2M | ||
| Q1 25 | $65.3M | $-54.7M | ||
| Q4 24 | $-3.9M | $-27.4M | ||
| Q3 24 | $20.2M | $8.6M | ||
| Q2 24 | $2.7M | $43.8M | ||
| Q1 24 | $41.9M | $-24.8M |
自由现金流率ACVAADV
| Q4 25 | -8.0% | 2.5% | ||
| Q3 25 | 3.8% | 5.7% | ||
| Q2 25 | 5.6% | -1.2% | ||
| Q1 25 | 35.7% | -6.7% | ||
| Q4 24 | -2.5% | -3.1% | ||
| Q3 24 | 11.8% | 0.9% | ||
| Q2 24 | 1.7% | 5.0% | ||
| Q1 24 | 28.8% | -2.9% |
资本支出强度ACVAADV
| Q4 25 | 1.2% | 2.4% | ||
| Q3 25 | 1.3% | 1.3% | ||
| Q2 25 | 1.5% | 0.2% | ||
| Q1 25 | 0.7% | 1.8% | ||
| Q4 24 | 0.4% | 4.8% | ||
| Q3 24 | 0.6% | 2.7% | ||
| Q2 24 | 1.1% | 1.1% | ||
| Q1 24 | 0.7% | 1.8% |
现金转化率ACVAADV
| Q4 25 | — | — | ||
| Q3 25 | — | 3.09× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACVA
| Auction Marketplace Revenue | $77.6M | 42% |
| Other Marketplace Revenue | $72.4M | 39% |
| Customer Assurance | $24.1M | 13% |
| Data Services Revenue | $9.4M | 5% |
ADV
| Experiential Services | $395.9M | 42% |
| Branded Services | $289.8M | 31% |
| Retailer Services | $246.5M | 26% |
