secwatch.observer — SEC 8-K summary
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Issuer:     CREDIT ACCEPTANCE CORP (CACC)
CIK:        0000885550
Form:       8-K
Filed at:   2026-08-04T20:03:13+00:00
Accession:  0000885550-26-000181
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credit Acceptance Q2 GAAP EPS $12.66, adjusted $12.12; net income $135.9M, up 55.5% YoY
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- GAAP net income $135.9M ($12.66/diluted) vs $87.4M ($7.42) YoY; adjusted net income $130.1M ($12.12).
- Loan portfolio avg balance $8.0B flat YoY; unit volume -1.0%, dollar volume +0.1%.
- Forecasted net cash flows declined $39.1M (0.3%) vs $55.8M (0.5%) in Q2 2025.
- Repurchased 262,963 shares (2.5%) for $141.4M; liquidity $1.4B.
- Record 11,004 active dealers; 1,456 new enrolled; AI agent handled 67% of inbound calls in June.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885550/000088555026000181/0000885550-26-000181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885550/000088555026000181/cacc-20260804.htm
  HTML page:      https://secwatch.observer/filing/0000885550-26-000181

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer