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AI brief of an SEC Form 8-K · Credit Acceptance (CACC)

Credit Acceptance Q1 2026 net income rises 27.8% to $135.8 million, EPS $12.40

Positive Impact 3 of 5 earnings Written later

Credit Acceptance reported first-quarter 2026 GAAP net income of $135.8 million, or $12.40 per diluted share, up from $106.3 million, or $8.66 per share, a year earlier. Adjusted net income was $117.3 million, or $10.71 per share, compared with $114.8 million, or $9.35 per share, in the first quarter of 2025. Consumer Loan unit volume fell 4.3% year over year, and the company repurchased $178.9 million of its shares during the quarter.

Key points

  • GAAP net income of $135.8 million, up 27.8% from $106.3 million; diluted EPS of $12.40 versus $8.66.
  • Adjusted net income of $117.3 million, up 2.2%; adjusted EPS of $10.71 versus $9.35.
  • Consumer Loan unit volume of 95,992, down 4.3%; dollar volume of $1.1 billion, down 4.0%.
  • Repurchased 365,258 shares for $178.9 million; liquidity of $1.3 billion as of March 31, 2026.

The filing

CompanyCredit Acceptance (CACC)
Form8-K, current report
Filed with the SECMay 5, 2026, 4:04 PM ET
Accession number0000885550-26-000079

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.