Filing Flows › Credit Acceptance (CACC) › Q3 2025
Credit Acceptance (CACC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Credit Acceptance (CACC) reported revenue of $582M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -0.2% from the quarter before. Operating margin was 25.6%, net earnings $108M (18.6% of revenue).
Credit Acceptance, Q3 2025: revenue $582M (+6% year over year), operating margin 25.6%, net earnings $108M, operating cash flow $299M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $582M | -0.2% | +6% |
| Operating profit | $149M | +26% | +40% |
| Net earnings | $108M | +24% | +37% |
| Operating cash flow | $299M | +114% | -6% |
| Free cash flow | $299M | +114% | -6% |
What changed
Revenue was $582.4M in Q3 2025, up 6% year over year and roughly flat from the previous quarter.
Operating profit was $148.9M, a 25.6% margin (up 6.2 points year over year). Of the extra revenue versus a year earlier, 132% reached operating profit, above the 19% margin then. Total costs fell 2% while revenue rose 6%. The fastest-growing cost line was General & admin (+25%). Net earnings were $108.2M, up 37% year over year. The effective tax rate was 27.3%.
Operating cash flow was $299.4M (down 6% year over year), 277% of net earnings. Non-cash charges added back $800K of depreciation and $12.1M of share-based compensation. Working capital and other items added $178.3M. Capital expenditures of $600K left free cash flow of $298.8M.
Questions
What was Credit Acceptance's revenue in the third quarter 2025?
Credit Acceptance (CACC) reported revenue of $582M for the third quarter 2025 (Q3 2025), +6% from a year earlier and -0.2% from the quarter before.
Was Credit Acceptance profitable in the third quarter 2025?
Operating profit was $149M (25.6% of revenue) and net earnings $108M.
Source: Credit Acceptance 10-Q on SEC EDGAR.