ACV Auctions vs Research Solutions
ACV Auctions is the larger business, with $760m of revenue in fiscal 2025 against $48.3m for Research Solutions (15.7 times as much). ACV Auctions grew faster (19.2% against -1.5%). Research Solutions kept more of each dollar of sales as profit: a net margin of 5.8% against -8.7%.
| Latest fiscal year | ACV AuctionsACVA, 2025 | Research SolutionsRSSS, 2026 |
|---|---|---|
| Revenue | $760m | $48.3m |
| Revenue growth | 19.2% | -1.5% |
| Net income | −$66.1m | $2.8m |
| Operating margin | -8.3% | — |
| Net margin | -8.7% | 5.8% |
| Return on equity | -15.2% | 16.3% |
| Free cash flow | $69.1m | $5.2m |
| Cash | $271m | $12.6m |
| Total debt | $190m | $0 |
| Debt to equity | 44.2% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $53,039 |
| Employees | — | 141 |
| Market value | — | $63.3m |
| Price vs our value range | — | Within our value range |
| Moat score | 19 (Weak) | 19 (Weak) |
| Insider trades, 12 months | 9 buys, 3 sales | 0 buys, 0 sales |