Credit Acceptance Announces Third Quarter 2026 Results
Credit Acceptance reported a Q3 2026 GAAP net loss of $56.6 million ($5.43 per diluted share), a swing from $108.2 million of net income a year earlier, driven by a $291.2 million (-2.5%) downward adjustment to forecasted net cash flows from its loan portfolio. On a non-GAAP basis, adjusted net income rose 14.9% to $135.5 million ($13.01 per diluted share) and economic profit rose 17.9% to $50.7 million, while Consumer Loan assignment volume jumped 37.7% in units and 51.0% in dollars on record active dealers of 12,093.
Key figures
- Revenue
- 594600000
- Adjusted eps
- 13.01
- Buyback cost
- $161.6 million
- Active dealers
- 12093
- Buyback shares
- 269150
- Economic profit
- $50.7 million
- Total liquidity
- $1.2 billion
- Unit volume yoy
- 37.7%
- Dollar volume yoy
- 51.0%
- Adjusted net income
- $135.5 million
- Assignment unit volume
- 110010
- Abs financing completed
- $600.0 million
- Assignment dollar volume
- $1.4 billion
- Adjusted return on capital
- 9.9%
- Avg loan portfolio balance
- $8.1 billion
- Forecast adjustment impact
- -$291.2 million (-2.5%)
- Gaap net income prior year
- $108.2 million
- Provision for credit losses
- 410900000
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