CREDIT ACCEPTANCE CORP (CACC) Form 10-Q — Oct 29, 2026
Credit Acceptance Corporation reported a third-quarter 2026 net loss of $56.6 million, or $(5.43) per diluted share, versus net income of $108.2 million ($9.43 diluted) in the year-ago quarter, on total revenue of $594.6 million. The loss was driven by a $410.9 million provision for credit losses, more than 2.7x the prior-year $152.0 million, including a $143.7 million charge from a Q3 methodology change that reduced forecasted collection rates on 2022-2026 Consumer Loan vintages by $185.2 million (1.5% of forecasted net cash flows).
Key figures
- Revenue
- 594600000
- Cash Position
- 518200000
- Q3 buyback
- 161600000
- Q3 net income 2025
- 108200000
- Q3 2025 diluted eps
- 9.43
- Q3 total revenue 2025
- 582400000
- Nine month buyback 2026
- 481900000
- Forecast adjustment impact
- 143700000
- Nine month net income 2025
- 301900000
- Nine month net income 2026
- 215100000
- New loan assignments q3 2025
- 924100000
- New loan assignments q3 2026
- 1395200000
- Shares outstanding oct 22 2026
- 10137465
- Subprime share of volume q3 2026
- 79.4%
- Q3 provision for credit losses 2025
- 152000000
- Q3 provision for credit losses 2026
- 410900000
- Forecast adjustment net cash flow reduction
- 185200000
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.