---
schema_version: "secwatch.filing_event.v1"
accession: "0000885550-26-000009"
form_type: "8-K"
ticker: "CACC"
cik: "0000885550"
company_name: "CREDIT ACCEPTANCE CORP"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:47:02.496494+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Credit Acceptance Q4 GAAP EPS $10.99; net income down 20% YoY; sets $75.5M legal reserve

## Summary
- GAAP net income $122.0M ($10.99/sh) vs $151.9M ($12.26) in Q4 2024; adjusted net income $126.0M ($11.35/sh), flat YoY.
- Loan unit volume 71,731 (-9.1% YoY); dollar volume $821.3M (-11.3% YoY); active dealers 9,863 (-2.8%).
- Contingent legal loss of $35.8M in Q4; cumulative $82.6M; potential settlement of $75.5M with states/NY AG.
- Repurchased 425,000 shares (3.8% of shares outstanding) for $191.4M in Q4.
- Forecasted collection rates declined $34.2M (0.3%); average loan balance $7.9B.

## SEC filing metadata
- accession: 0000885550-26-000009
- form_type: 8-K
- ticker: CACC
- cik: 0000885550
- company_name: CREDIT ACCEPTANCE CORP
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885550/000088555026000009/0000885550-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885550/000088555026000009/cacc-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885550-26-000009
- JSON: https://secwatch.observer/filing/0000885550-26-000009.json
- Plain text: https://secwatch.observer/filing/0000885550-26-000009.txt

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