Why ACV Auctions Stock Just Dropped

By Rich Smith – Feb 24, 2026 at 11:36AM ESTKey PointsACV Auctions beat on sales but missed on earnings last night.The online car dealer marketplace reported smaller, but still large, losses for both the quarter and the year.NYSE: ACVAACV AuctionsMarket Cap$818MToday's Changeangle-down(-4.74%) $0.23Current Price$4.53Price as of February 25, 2026 at 3:58 PM ETACV Auctions lost a lot of money last year. It will lose money this year, too.ACV Auctions (ACVA 4.74%) stock tumbled 15.1% through 11:20 a.m. ET Tuesday after reporting mixed earnings last night. Heading into the Q4 report, analysts forecast ACV would lose a penny a share on $182 million in sales. As it turned out, the online used-car marketplace beat the sales forecast, reporting $183.6 million. ACV badly missed the earnings projection, however, losing $0.11 per share for the quarter . Image source: Getty Images. ACV Q4 earnings It wasn't all bad news for ACV last quarter. Sales did grow 15% year over year, and full-year sales growth was even better at 19%. What's more, while ACV lost money in both periods -- and indeed, lost much more money than Wall Street analysts had projected -- it lost less money than last year. Q4 2025 losses of $0.11 per share were better than Q4 2024 losses of $0.16. Full year 2025 losses of $0.39 per share were better than full year 2024 losses of $0.48. Still, a loss is a loss, and it's undeniable that ACV lost a lot of money in both the quarter and the year. ExpandNYSE: ACVAACV AuctionsToday's Change(-4.74%) $-0.23Current Price$4.53Key Data PointsMarket Cap$818MDay's Range$4.45 - $4.9952wk Range$4.45 - $17.54Volume235KAvg Vol3MGross Margin46.66% Is ACV stock a buy? Focusing on the sales numbers, ACV CEO George Chamoun pronounced himself "very pleased with our fourth quarter results," also noting that ACV "continued margin expansion" while gaining market share. Looking ahead, he predicted all these things will continue in the new year. Unfortunately, the losses will continue as well. ACV guided toward $200 million or more in Q1 sales and at least $845 million in full-year 2026 sales. Still, the company expects to lose at least $0.07 per share in the quarter and $0.29 for the year. With numbers like these, it'll be hard to call ACV stock a buy anytime soon.Read NextFeb 22, 2024 •By Jeremy BowmanWhy ACV Auctions Stock Popped TodayFeb 24, 2023 •By Eric VolkmanWhy ACV Auctions Stock Blasted Higher This WeekFeb 23, 2023 •By Jeremy BowmanWhy ACV Auctions Stock Surged TodayAug 11, 2022 •By Jeremy BowmanWhy ACV Auctions Stock Popped TodayAbout the AuthorRich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”TMFDittyX@RichSmithFoolStocks MentionedACV AuctionsNYSE: ACVA$4.53 (4.74%) $0.23*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.