Filing Flows › Comparisons › CACC vs HAPN
Credit Acceptance vs Happen: CACC and HAPN compared
Credit Acceptance is the larger company: $595M of revenue in its latest quarter (Q3 2026) against $263M for Happen (Q3 2026). Credit Acceptance is growing faster (+2% against -1% a year earlier). Happen is more profitable, with an operating margin of 29.2% against -12.4%.
Where the money goes: CACC and HAPN
Credit Acceptance (CACC) · Q3 2026
Credit Acceptance, Q3 2026: revenue $595M (+2% year over year), operating margin -12.4%, net loss $56.6M, operating cash flow $336M. The chart follows the revenue to costs, profit and cash.
Happen (HAPN) · Q3 2026
Happen, Q3 2026: revenue $263M (-1% year over year), operating margin 29.2%, net earnings $59.3M, operating cash flow −$692M. The chart follows the revenue to costs, profit and cash.
| Credit Acceptance (CACC) | Happen (HAPN) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $595M | $263M |
| Revenue growth, Y/Y | +2% | -1% |
| Operating margin | -12.4% | 29.2% |
| Net earnings | −$56.6M | $59.3M |
| Net margin | -9.5% | 22.5% |
| Operating cash flow | $336M | −$692M |
| Free cash flow | $334M | — |
| Market value | $5.5B | $1.8B |
| P/E | 17.4× | 8.4× |
| Analysts’ mean target | $556.67 | $23.88 |
Questions
Which is bigger, Credit Acceptance or Happen?
Credit Acceptance is the larger company: $595M of revenue in its latest quarter (Q3 2026) against $263M for Happen (Q3 2026).
Is Credit Acceptance or Happen growing faster?
Credit Acceptance is growing faster (+2% against -1% a year earlier).
Which is more profitable, Credit Acceptance or Happen?
Happen is more profitable, with an operating margin of 29.2% against -12.4%.
More: Credit Acceptance earnings · how Credit Acceptance makes money · Happen earnings · how Happen makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.