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Credit Acceptance CACC Interest Expense
Interest Expense at other companies
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Where this comes from
Reported directly by Credit Acceptance in its filing.
Tagged under the XBRL concept us-gaap:InterestExpense.
The source filing: Credit Acceptance’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000885550-26-000080
| (Dollars in millions, except per share data) | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Provision for credit losses on forecast changes | 54.4 | 76.3 |
| Provision for credit losses on new Consumer Loan assignments | 85.2 | 85.6 |
| Total provision for credit losses | 139.6 | 161.9 |
| Interest | 108.4 | 114.7 |
| Provision for claims | 15.8 | 16.1 |
| Loss on extinguishment of debt | — | 1.2 |
| Total costs and expenses | 405.0 | 429.4 |
| Income before provision for income taxes | 175.0 | 141.7 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Credit Acceptance's interest expense?
- Credit Acceptance (CACC) reported interest expense of $108.4M in Q1 2026.
- How has Credit Acceptance's interest expense changed year-over-year?
- Credit Acceptance's interest expense decreased by 5.5% year-over-year, from $114.7M to $108.4M.
- What is the long-term trend for Credit Acceptance's interest expense?
- Over 4 years (2021 to 2025), Credit Acceptance's interest expense has grown at a 29.6% compound annual growth rate (CAGR), from $164.2M to $462.9M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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