Filing Flows › Credit Acceptance (CACC) › Q1 2025
Credit Acceptance (CACC) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Credit Acceptance (CACC) reported revenue of $571M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +0.9% from the quarter before. Operating margin was 24.8%, net earnings $106M (18.6% of revenue).
Credit Acceptance, Q1 2025: revenue $571M (+12% year over year), operating margin 24.8%, net earnings $106M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $571M | +0.9% | +12% |
| Operating profit | $142M | -26% | +64% |
| Net earnings | $106M | -30% | +65% |
| Operating cash flow | $346M | +13% | +12% |
| Free cash flow | $346M | +13% | +12% |
What changed
Revenue was $571.1M in Q1 2025, up 12% year over year and up 1% from the previous quarter.
Operating profit was $141.7M, a 24.8% margin (up 7.8 points year over year). Of the extra revenue versus a year earlier, 88% reached operating profit, above the 17% margin then. Total costs grew 2% against revenue growth of 12%. Net earnings were $106.3M, up 65% year over year. The effective tax rate was 25.0%.
Operating cash flow was $346.2M (up 12% year over year), 326% of net earnings. Non-cash charges added back $1.2M of depreciation and $12.9M of share-based compensation. Working capital and other items added $225.8M. Capital expenditures of $300K left free cash flow of $345.9M.
Questions
What was Credit Acceptance's revenue in the first quarter 2025?
Credit Acceptance (CACC) reported revenue of $571M for the first quarter 2025 (Q1 2025), +12% from a year earlier and +0.9% from the quarter before.
Was Credit Acceptance profitable in the first quarter 2025?
Operating profit was $142M (24.8% of revenue) and net earnings $106M.
Source: Credit Acceptance 10-Q on SEC EDGAR.