---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-005151"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:43:04.496771+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPS Q2 net income drops 66% to $4.7M ($0.19 EPS); revenue rises 13% to $95.9M

## Summary
- Net income $4.7M ($0.19 diluted EPS) vs $14.0M ($0.55) in Q2 2023, down 66%.
- Revenue $95.9M, up 13% from $84.9M; pretax income $6.7M vs $18.6M.
- New contract purchases $431.9M, up 36% YoY; largest securitization in company history.
- Annualized net charge-offs 7.26% vs 6.29%; 30+ day delinquencies 13.29% vs 11.72%.
- Receivables $3.173B, up from $2.910B year ago.

## SEC filing metadata
- accession: 0001683168-24-005151
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2024-07-31T23:59:59+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/889609/000168316824005151/0001683168-24-005151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316824005151/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-005151
- JSON: https://secwatch.observer/filing/0001683168-24-005151.json
- Plain text: https://secwatch.observer/filing/0001683168-24-005151.txt

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