ACV Auctions (ACVA) Operating Expenses (2020 - 2026)
ACV Auctions (ACVA) recorded Operating Expenses of $219.99 million in Q2 2026, up 9.5% from $200.9 million a year earlier and up 3.1% from the prior quarter.
ACV Auctions (ACVA) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, ACV Auctions' Operating Expenses came in at $858.19 million as of Jun 30, 2026, up 11.2% year-over-year; for FY2025, it came in at $822.8 million, up 14.1% from FY2024.
- Annual Operating Expenses has increased for six straight years, with a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $721.26 million in FY2024 (+26.3%), $570.91 million in FY2023 (+8.2%), $527.74 million in FY2022 (+21.3%) and $435.24 million in FY2021 (+74.8%).
- Quarterly Operating Expenses has ranged from $116.45 million in Q3 2021 to $223.28 million in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Expenses has increased for 14 consecutive quarters, with growth averaging 16.9% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 91.4% in Q4 2021, against a decline of 0.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $213.43 million (Q1 2026), $201.49 million (Q4 2025) and $223.28 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | -5.39 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 640.46 Mn |
| 10 | ACV Auctions | 3.69 Bn | 2.57 Bn | 106.72 Mn | 219.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 219.99 Mn |
| Mar 31, 2026 | 213.43 Mn |
| Dec 31, 2025 | 201.49 Mn |
| Sep 30, 2025 | 223.28 Mn |
| Jun 30, 2025 | 200.90 Mn |
| Mar 31, 2025 | 197.13 Mn |
| Dec 31, 2024 | 185.31 Mn |
| Sep 30, 2024 | 188.47 Mn |
| Jun 30, 2024 | 179.27 Mn |
| Mar 31, 2024 | 168.22 Mn |
| Dec 31, 2023 | 145.14 Mn |
| Sep 30, 2023 | 141.30 Mn |
| Jun 30, 2023 | 144.01 Mn |
| Mar 31, 2023 | 140.46 Mn |
| Dec 31, 2022 | 125.26 Mn |
| Sep 30, 2022 | 130.51 Mn |
| Jun 30, 2022 | 139.81 Mn |
| Mar 31, 2022 | 132.15 Mn |
| Dec 31, 2021 | 125.87 Mn |
| Sep 30, 2021 | 116.45 Mn |
ACV Auctions Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ACVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ACVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ACVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();