Filing Flows › Credit Acceptance (CACC) › Q2 2025
Credit Acceptance (CACC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Credit Acceptance (CACC) reported revenue of $584M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +2% from the quarter before. Operating margin was 20.2%, net earnings $87.4M (15.0% of revenue).
Credit Acceptance, Q2 2025: revenue $584M (+8% year over year), operating margin 20.2%, net earnings $87.4M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $584M | +2% | +8% |
| Operating profit | $118M | -17% | — |
| Net earnings | $87.4M | -18% | — |
| Operating cash flow | $140M | -60% | -32% |
| Free cash flow | $139M | -60% | -32% |
What changed
Revenue was $583.8M in Q2 2025, up 8% year over year and up 2% from the previous quarter.
Operating profit was $117.8M, a 20.2% margin (up 30.5 points year over year). Total costs fell 21% while revenue rose 8%. The fastest-growing cost line was General & admin (+95%). Net earnings were $87.4M. The effective tax rate was 25.8%.
Operating cash flow was $139.7M (down 32% year over year), 160% of net earnings. Non-cash charges added back $900K of depreciation and $12.7M of share-based compensation. Working capital and other items added $38.7M. Capital expenditures of $300K left free cash flow of $139.4M.
Questions
What was Credit Acceptance's revenue in the second quarter 2025?
Credit Acceptance (CACC) reported revenue of $584M for the second quarter 2025 (Q2 2025), +8% from a year earlier and +2% from the quarter before.
Was Credit Acceptance profitable in the second quarter 2025?
Operating profit was $118M (20.2% of revenue) and net earnings $87.4M.
Source: Credit Acceptance 10-Q on SEC EDGAR.