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ACV Auctions Inc.（ACVA）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是ACV Auctions Inc.的1.0倍（$188.3M vs $183.6M），ACV Auctions Inc.同比增速更快（15.1% vs -21.9%），过去两年ACV Auctions Inc.的营收复合增速更高（12.3% vs -15.4%）
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。
ACVA vs RILY — 直观对比
营收规模更大
RILY
是对方的1.0倍
$183.6M
营收增速更快
ACVA
高出37.0%
-21.9%
两年增速更快
ACVA
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $183.6M | $188.3M |
| 净利润 | — | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | -9.7% | 32.3% |
| 净利率 | — | 47.9% |
| 营收同比 | 15.1% | -21.9% |
| 净利润同比 | — | 1710.8% |
| 每股收益（稀释后） | $-0.12 | $2.78 |
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ACVARILY
| Q4 25 | $183.6M | $188.3M | ||
| Q3 25 | $199.6M | $215.3M | ||
| Q2 25 | $193.7M | $188.2M | ||
| Q1 25 | $182.7M | $197.2M | ||
| Q4 24 | $159.5M | $241.0M | ||
| Q3 24 | $171.3M | $225.5M | ||
| Q2 24 | $160.6M | $256.0M | ||
| Q1 24 | $145.7M | $263.4M |
净利润ACVARILY
| Q4 25 | — | $90.3M | ||
| Q3 25 | $-24.5M | $91.1M | ||
| Q2 25 | $-7.3M | $139.5M | ||
| Q1 25 | $-14.8M | $-10.0M | ||
| Q4 24 | — | $-5.6M | ||
| Q3 24 | $-16.0M | $-284.4M | ||
| Q2 24 | $-17.1M | $-433.6M | ||
| Q1 24 | $-20.5M | $-49.2M |
毛利率ACVARILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率ACVARILY
| Q4 25 | -9.7% | 32.3% | ||
| Q3 25 | -11.9% | 30.4% | ||
| Q2 25 | -3.7% | 5.7% | ||
| Q1 25 | -7.9% | -31.2% | ||
| Q4 24 | -16.2% | -69.2% | ||
| Q3 24 | -10.0% | -36.4% | ||
| Q2 24 | -11.6% | -90.8% | ||
| Q1 24 | -15.5% | -6.1% |
净利率ACVARILY
| Q4 25 | — | 47.9% | ||
| Q3 25 | -12.3% | 42.3% | ||
| Q2 25 | -3.8% | 74.1% | ||
| Q1 25 | -8.1% | -5.1% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | -9.4% | -126.1% | ||
| Q2 24 | -10.6% | -169.4% | ||
| Q1 24 | -14.1% | -18.7% |
每股收益（稀释后）ACVARILY
| Q4 25 | $-0.12 | $2.78 | ||
| Q3 25 | $-0.14 | $2.91 | ||
| Q2 25 | $-0.04 | $4.50 | ||
| Q1 25 | $-0.09 | $-0.39 | ||
| Q4 24 | $-0.15 | $-0.01 | ||
| Q3 24 | $-0.10 | $-9.39 | ||
| Q2 24 | $-0.10 | $-14.35 | ||
| Q1 24 | $-0.13 | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $429.7M | $-171.5M |
| 总资产 | $1.1B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ACVARILY
| Q4 25 | $271.5M | $226.6M | ||
| Q3 25 | $265.3M | $184.2M | ||
| Q2 25 | $258.4M | $267.4M | ||
| Q1 25 | $291.9M | $138.3M | ||
| Q4 24 | $224.1M | $146.9M | ||
| Q3 24 | $252.5M | $159.2M | ||
| Q2 24 | $215.0M | $236.9M | ||
| Q1 24 | $209.8M | $190.7M |
总债务ACVARILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACVARILY
| Q4 25 | $429.7M | $-171.5M | ||
| Q3 25 | $434.4M | $-260.5M | ||
| Q2 25 | $448.8M | $-351.7M | ||
| Q1 25 | $439.6M | $-496.8M | ||
| Q4 24 | $440.0M | $-488.2M | ||
| Q3 24 | $456.2M | $-497.6M | ||
| Q2 24 | $457.6M | $-218.3M | ||
| Q1 24 | $458.3M | $228.4M |
总资产ACVARILY
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $984.1M | $1.8B | ||
| Q3 24 | $1.0B | $2.2B | ||
| Q2 24 | $1.0B | $3.2B | ||
| Q1 24 | $1.0B | $5.0B |
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 | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | — |
| 自由现金流率自由现金流/营收 | -8.0% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $69.1M | — |
8季度趋势，按日历期对齐
经营现金流ACVARILY
| Q4 25 | $-12.4M | $26.2M | ||
| Q3 25 | $10.3M | $-60.6M | ||
| Q2 25 | $13.7M | $-25.6M | ||
| Q1 25 | $66.6M | $184.0K | ||
| Q4 24 | $-3.2M | $-2.7M | ||
| Q3 24 | $21.1M | $19.5M | ||
| Q2 24 | $4.5M | $111.5M | ||
| Q1 24 | $43.0M | $135.4M |
自由现金流ACVARILY
| 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 | — | ||
| Q1 24 | $41.9M | — |
自由现金流率ACVARILY
| 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% | — | ||
| Q1 24 | 28.8% | — |
资本支出强度ACVARILY
| 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% | — | ||
| Q1 24 | 0.7% | — |
现金转化率ACVARILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| 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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
