{"schema_version":"secwatch.filing_event.v1","accession":"0000885550-26-000079","form_type":"8-K","ticker":"CACC","cik":"0000885550","company_name":"CREDIT ACCEPTANCE CORP","filed_at":"2026-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.870041+00:00","generated_at":"2026-05-14T23:42:11.250059+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Credit Acceptance Q1 GAAP EPS $12.40, adjusted $10.71; loan forecast volatility eases","bullets":["GAAP net income $135.8M ($12.40/diluted share) vs $106.3M ($8.66) YoY; adjusted net income $117.3M ($10.71).","Loan assignment unit volume 95,992 (-4.3% YoY); dollar volume $1.1B (-4.0% YoY).","Forecasted net cash flow decline of $9.1M (0.1%) – smallest quarterly change in three years.","Repurchased 365,258 shares (3.4% of shares outstanding) for $178.9M.","Liquidity $1.3B at March 31; record 10,977 active dealers (+1.7% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000885550-26-000079","json":"https://secwatch.observer/filing/0000885550-26-000079.json","markdown":"https://secwatch.observer/filing/0000885550-26-000079.md","text":"https://secwatch.observer/filing/0000885550-26-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000079/0000885550-26-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000079/cacc-20260505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:42:11.250059+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e76e227f00670d8901ec1a796aead2114ddc9211","claim":"CREDIT ACCEPTANCE CORP reported three months ended March 31, 2026 results: net income Adjusted net income . . . was $117.3 million, EPS $10.71 per diluted share.","evidence_excerpt":"million, or $12.40 per diluted share, for the three months ended March 31, 2026. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2026 was $117.3 million, or $10.71 per diluted share. The following table summarizes our financial results: (In millions, except per share data) For the Three Months Ended March 31, 2026 December 31,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000079/0000885550-26-000079-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026"},{"label":"Net income","value":"Adjusted net income . . . was $117.3 million"},{"label":"EPS","value":"$10.71 per diluted share"},{"label":"Result","value":"reported results"}]},{"claim_id":"e76e227f00670d8901ec1a796aead2114ddc9211","claim":"CREDIT ACCEPTANCE CORP reported three months ended March 31, 2026 results: net income Adjusted net income . . . was $117.3 million, EPS $10.71 per diluted share.","evidence_excerpt":"Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2026 was $117.3 million, or $10.71 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/885550/000088555026000079/0000885550-26-000079-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026"},{"label":"Net income","value":"Adjusted net income . . . was $117.3 million"},{"label":"EPS","value":"$10.71 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}