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Credit Acceptance CACC Total Operating Expenses

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Other financials

Income statement

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Revenue$580.0M+1.6%
Net income$135.8M+27.8%
EPS (diluted)$12.40+43.2%

Balance sheet

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Cash & equivalents$551.4M-50.8%
Total equity$1.5B-11.5%
Total assets$8.7B-6.1%

Cash flow

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Operating cash flow$346.8M+0.2%
CapEx$1.3M+333%
Free cash flow$345.5M-0.1%

Valuation

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Market cap$6.03B+15.5%
P/E13.3×+1.0×
P/S2.6×+0.3×

Profitability

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Net margin19.5%+6.5pp
FCF margin45.3%-7.4pp

Returns & leverage

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Return on equity28.1%+10.9pp
Debt / equity

Where this comes from

Reported directly by Credit Acceptance in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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, 2026For the Three Months Ended March 31, 2025
Salaries and wages88.688.6
General and administrative24.822.1
Sales and marketing27.824.8
Total operating expenses141.2135.5
Provision for credit losses on forecast changes54.476.3
Provision for credit losses on new Consumer Loan assignments85.285.6
Total provision for credit losses139.6161.9
Interest108.4114.7

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Credit Acceptance's total operating expenses?
Credit Acceptance (CACC) reported total operating expenses of $141.2M in Q1 2026.
How has Credit Acceptance's total operating expenses changed year-over-year?
Credit Acceptance's total operating expenses increased by 4.2% year-over-year, from $135.5M to $141.2M.
What is the long-term trend for Credit Acceptance's total operating expenses?
Over 4 years (2021 to 2025), Credit Acceptance's total operating expenses has grown at a 11.8% compound annual growth rate (CAGR), from $383.7M to $599.9M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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