Filing Flows › Credit Acceptance (CACC) › Q1 2026
Credit Acceptance (CACC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Credit Acceptance (CACC) reported revenue of $580M for the first quarter 2026 (Q1 2026), +2% from a year earlier and 0% from the quarter before. Operating margin was 30.2%, net earnings $136M (23.4% of revenue).
Credit Acceptance, Q1 2026: revenue $580M (+2% year over year), operating margin 30.2%, net earnings $136M, operating cash flow $347M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580M | 0% | +2% |
| Operating profit | $175M | +11% | +24% |
| Net earnings | $136M | +11% | +28% |
| Operating cash flow | $347M | +29% | +0.2% |
| Free cash flow | $346M | +28% | -0.1% |
What changed
Revenue was $580.0M in Q1 2026, up 2% year over year and roughly flat from the previous quarter.
Operating profit was $175.0M, a 30.2% margin (up 5.4 points year over year). Of the extra revenue versus Q1 2025, 374% reached operating profit, above the 25% margin then. Total costs fell 6% while revenue rose 2%. The fastest-growing cost line was General & admin (+12%). Net earnings were $135.8M, up 28% year over year. The effective tax rate was 22.4%.
Operating cash flow was $346.8M (roughly flat year over year), 255% of net earnings. Non-cash charges added back $700K of depreciation and $11.3M of share-based compensation. Working capital and other items added $199.0M. Capital expenditures of $1.3M left free cash flow of $345.5M.
Questions
What was Credit Acceptance's revenue in the first quarter 2026?
Credit Acceptance (CACC) reported revenue of $580M for the first quarter 2026 (Q1 2026), +2% from a year earlier and 0% from the quarter before.
Was Credit Acceptance profitable in the first quarter 2026?
Operating profit was $175M (30.2% of revenue) and net earnings $136M.
Source: Credit Acceptance 10-Q on SEC EDGAR.