---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-25-000123"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:30:41.009084+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance Q3 GAAP EPS $9.43, adjusted EPS $10.28; loan volumes down 16.5%

## Summary
- GAAP net income $108.2M ($9.43 diluted EPS) vs $78.8M ($6.35) a year ago; adjusted net income $117.9M ($10.28/sh).
- Consumer Loan assignment unit volume down 16.5%, dollar volume down 19.4% YoY; active dealers down 4.7%.
- Repurchased ~230,000 shares for $107.4M (2.0% of shares outstanding).
- Recorded $15.0M contingent loss related to previously disclosed legal matters; cumulative contingent losses $46.8M.
- Forecasted collection rates declined for 2022-2024 vintages; overall forecasted net cash flows decreased $58.6M (0.5%).

## SEC filing metadata
- accession: 0000885550-25-000123
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555025000123/0000885550-25-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555025000123/cacc-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-25-000123
- JSON: https://secwatch.observer/filing/0000885550-25-000123.json
- Plain text: https://secwatch.observer/filing/0000885550-25-000123.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.