Comparing the current results to its competitors, Acv Auctions Inc reported Revenue increase in the 2 quarter 2026 by 10.45 % year on year, while most of its competitors have experienced contraction in revenues by -0.86 %, achieved in the same quarter.
Acv Auctions Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 311.61 %
Acv Auctions Inc 's Comment on Competition and Industry Peers
The company operates in the North American vehicle auction market, which is largely consolidated with major competitors including Manheim, a subsidiary of Cox Enterprises, Inc., Adesa, a subsidiary of Carvana, and OPENLANE. Manheim has expanded its presence into online wholesale marketplaces and auctions, while OPENLANE competes in the online wholesale auction segment. The company also faces competition from smaller auction chains, independent physical auctions, and various smaller digital marketplace companies.
Company's competitiveness improved within Overall company, with revenue growth of 10.45 % and its market share increased to approx. 33.02 %. << More on ACVA Market Share.
*Market share is calculated based on total revenue.
Cargurus Inc operates as an online automotive marketplace primarily in the United States. They provide a platform for consumers to search, compare, and connect with sellers to buy or sell new and used cars. The company earns revenue through various sources, including display advertising, subscriptions, and lead generation services for dealerships.
Cars.com Inc. operates as an automotive marketplace and consumer-focused media company, connecting car buyers with sellers through its online platform, providing listings of new and used vehicles, as well as various automotive information and resources. The company generates revenue through advertising and subscription services, primarily targeting dealerships and original equipment manufacturers (OEMs).
Copart Incs business model revolves around facilitating online auctions for salvage and used vehicles, connecting buyers and sellers through a digital platform that streamlines the auction process and enhances accessibility.
Vroom Inc's business model revolves around being an online automotive retailer that aims to streamline the process of buying and selling used cars. They provide a digital platform where customers can browse and purchase vehicles, offering a wide selection and convenient delivery options. Additionally, Vroom Inc differentiates itself by offering additional services like financing, vehicle inspections, and warranties to enhance the buying experience.
Sources:
Acv Auctions Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Acv Auctions Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
