| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 587.40 | 1.3% | 0.6% |
| Total Income | 587.40 | 1.3% | 0.6% |
| Expenditure | 418.80 | 3.4% | 10.1% |
| PBT | 168.60 | 3.7% | 43.1% |
| Net Profit | 135.90 | 0.1% | 55.5% |
| OPM | — | ||
| NPM | 23.14% | 0.28pp | 8.16pp |
| EPS | 12.97 | 2.6% | 71.8% |
Credit Acceptance Announces Q2 2026 Results
05 Aug 2026 · 5 Aug, 1:39 am
Summary
Credit Acceptance Corporation announced its second quarter 2026 financial results, reporting consolidated net income of $135.9 million, or $12.66 per diluted share. Adjusted net income was $130.1 million, or $12.12 per diluted share. While consumer loan assignment unit volume saw a slight year-over-year decline of 1.0%, dollar volume grew by 0.1%, and monthly unit volume returned to year-over-year growth in June. The company highlighted progress in its digital-first, AI-enabled strategy, including a significant increase in AI agent usage for customer service calls.
Key Highlights
- 1
Credit Acceptance Corporation reported consolidated net income of $135.9 million, or $12.66 per diluted share, for the three months ended June 30, 2026.
- 2
Adjusted net income for the second quarter of 2026 was $130.1 million, or $12.12 per diluted share.
- 3
Consumer Loan assignment unit volume declined 1.0% to 84,615 while dollar volume grew 0.1% to $1.0 billion, compared to the second quarter of 2025.
- 4
Monthly unit volume returned to year-over-year growth in June 2026, which continued into July.
- 5
The company enrolled 1,456 new dealers and had a record 11,004 active dealers during the second quarter of 2026.
- 6
67% of inbound customer service and account solutions calls were routed to the AI agent in June 2026, up from 27% in March 2026.
- 7
GAAP net income increased by 55.5% to $135.9 million for the three months ended June 30, 2026, compared to $87.4 million in the prior year period.
Management Comments
Vinayak Hegde
Our second quarter results reflect continued progress across the business, driven by improved profitability, strengthening origination trends, and continued momentum across our dealer network. We are encouraged by the progress we made during the quarter and remain focused on profitable growth, disciplined capital allocation, and maximizing long-term intrinsic value per share. We continue to make meaningful progress in our digital-first, AI-enabled strategy. From enhancing the dealer experience through improved deal structuring and workflow tools to scaling AI-enabled servicing capabilities, we are using data and technology to create a more personalized experience for dealers and consumers. At the center of this work is a commitment to customer obsession — better understanding our customers, anticipating their needs, and delivering a better experience at every interaction.
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