Credit Acceptance Corporation · NASDAQ:CACC
Credit Acceptance — Q3 2026 Earnings Presentation
13 slides from Credit Acceptance's earnings presentation, Oct 29, 2026
Slide 1: Q3 2026 Earnings Presentation
Q3 2026 Earnings Presentation October 29, 2026 12 YEARS
Slide 2: Forward Looking Statements and Non-GAAP Financial Measures
Forward Looking Statements and Non-GAAP Financial Measures Certain statements in this presentation constitute forward-looking statements within the meaning of federal securities law. Credit Acceptance cautions investors that any such forward-looking statements made by Credit Acceptance are not guara
Slide 3: Key Messages
Key Messages Accelerated operating performance in Q3 1 • Loan unit volume grew 38% YoY, loan dollar volume up 51% YoY • Economic profit increased 18% YoY and adj. net income grew 15% YoY • Active dealers up 19% YoY, reaching an all-time high Advanced pricing and forecasting capabilities 2 • Data dri
Slide 4: Q3 Financial Highlights
Q3 Financial Highlights Economic Profit Economic Profit Per Adj. Net Income Adj. Net Income Per Diluted Share Diluted Share $50.7M $4.87 $135.5M $13.01 +18% YoY +30% YoY +15% YoY +27% YoY Consumer Loan Consumer Loan Active Dealers Change in Forecasted Net Unit Volume $ Volume Cash Flows 110,010 $1.4
Slide 5: Executing on Our Strategic Priorities to Position Credit Acceptance for the Future
Executing on Our Strategic Priorities to Position Credit Acceptance for the Future North Maximize Economic Profit Star Disciplined Leveraging Customer Obsession Segmentation Operating Rhythms Data and AI and Practices • Improving customer • Evaluating opportunities • Developing centralized • Ensurin
Slide 6: Origination Trends
Origination Trends YoY Consumer Loan Assignment Growth Consumer Loan Assignments 60% 50% Q3 2026 Unit Volume Q3 2026 $ Volume 40% 30% 20% 110,010 $1.4B 10% +38% YoY +51% YoY 0% 0% -10% • Dollar volume grew 51% YoY -20% -30% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 • Growth dri
Slide 7: Consumer Loan Collection Performance by Vintage
Consumer Loan Collection Performance by Vintage Forecasted Future Net Forecasted Collection % Cash Flows (1) Consumer Loan Sep 30, 2026 Sep 30, 2026 Initial Forecast Variance June 30, 2026 QoQ Variance % of Total Assignment ($ in millions) In Q3, in view of additional loan Year seasoning, performanc
Slide 8: Economic Profit & Return on Capital
Economic Profit & Return on Capital Q3 2026 Adjusted ROC Cost of Capital Economic Profit 9.9% 7.6% $50.7M +18% YoY 11% 60 Q3 Economic Profit increased 18% 50 10% YoY due to an increase in adjusted return on capital driven by higher 40 9% expected yields on more recent 30 Consumer Loan assignments. 8
Slide 9: Capital Allocation & Financial Flexibility
Capital Allocation & Financial Flexibility Financial Flexibility Shareholder Returns 2.8x $1.2B $161.6M Adjusted Leverage Available Liquidity (1) Share Repurchases in Q3 Average during Q3 2026 As of September 30, 2026 269,150 Shares Repurchased $6.7B $9.4B 2.6% Diversified Funding Sources Adjusted L
Slide 10: Appendix
Appendix G credit acceptance
Slide 11: Non-GAAP Reconciliations
Non-GAAP Reconciliations GAAP Net Income (Loss) to Adjusted Net Income GAAP Net Income (Loss) to Economic Profit (Dollars in millions, except per share data) (Dollars in millions, except per share data) Three Months Ended September 30, 2026 2025 Three Months Ended September 30, 2026 2025 GAAP net in
Slide 12: Non-GAAP Reconciliations (continued)
Non-GAAP Reconciliations (continued) GAAP Average Capital to Adjusted Average Capital and Adjusted Leverage GAAP Return on Equity to Adjusted ROC (Dollars in millions) (Annualized) Three Months Ended September 30, 2026 2025 Three Months Ended September 30, 2026 2025 GAAP average debt $6,446.9 $6,400
Slide 13: © 2026 Credit Acceptance. All rights reserved.
© 2026 Credit Acceptance. All rights reserved.