Credit Acceptance Corp.
- CACC · Nasdaq
- Personal Credit Institutions
- Southfield, MI
- 2,314 employees
- CIK 0000885550
Updated from SEC filings through
Top things to know
Executives
- Vinayak Hegde Chief Executive Officer 8-K, 2026-10-29
- Joseph Billante III Chief Financial Officer 3, 2026-07-31
- Jay D. Martin Chief Financial Officer 4, 2026-06-26
- Steffen Schumann Chief Business Officer 4, 2026-07-08
- Erin J. Kerber Chief Legal Officer 4, 2026-06-30
- Nicholas J. Elliott Chief Transformation Officer 4, 2026-06-30
What leadership is saying
“During the third quarter, Consumer Loan unit and dollar volume grew 38% and 51%, respectively, both economic profit and adjusted net income experienced double-digit growth, and the number of active dealers reached an all-time high”
Earnings press release (8-K Ex. 99.1), filed October 29, 2026
Credit Acceptance Corp is a U.S. public company in personal credit institutions (SIC 6141), headquartered in Southfield, MI. It trades as CACC on Nasdaq. Revenue was $2.3B in the fiscal year ending December 31, 2025, +7.2% from the year before. It reported about 2,314 employees. Vinayak Hegde is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.3B 10-K, 2026-02-13 | $2.2B 10-K, 2026-02-13 | $1.9B 10-K, 2026-02-13 | $1.8B 10-K, 2025-02-12 | $1.9B 10-K, 2024-02-12 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | $263M 10-K, 2026-02-13 | $192M 10-K, 2026-02-13 | $179M 10-K, 2026-02-13 | $164M 10-K, 2025-02-12 | $166M 10-K, 2024-02-12 |
| Net income | $424M 10-K, 2026-02-13 | $248M 10-K, 2026-02-13 | $286M 10-K, 2026-02-13 | $536M 10-K, 2025-02-12 | $958M 10-K, 2024-02-12 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Vinayak Hegde | Chief Executive Officer | 8-K, 2026-10-29 |
| Vinayak R. Hegde | Board member (per proxy) bio: Chief Executive Officer and President, Credit Acceptance | DEF 14A, 2026-04-28 |
| Joseph Billante III CFO | Chief Financial Officer | 3, 2026-07-31 |
| Jay D. Martin | Chief Financial Officer | 4, 2026-06-26 |
| Steffen Schumann Senior Vice President, Marketing Brand & Acquisition at T-Mobile | Chief Business Officer | 4, 2026-07-08 |
| Erin J. Kerber Chief Legal Officer at Credit Acceptance | Chief Legal Officer | 4, 2026-06-30 |
| Nicholas J. Elliott | Chief Transformation Officer | 4, 2026-06-30 |
| Jonathan Lum | Chief Operating Officer | 4, 2026-06-26 |
| Wendy A. Rummler C-Suite | Executive Leader | Leadership, Culture & Organizational Performance | Developing People and Building High-Performing Teams | Chief People Officer | 4, 2026-05-20 |
| Ravi Mohan Valiyaveettil | Chief Technology Officer | 4, 2026-05-08 |
| Jonathan L. Lum Chief Operating Officer at Credit Acceptance | Named in proxy bio: Chief Operating Officer | DEF 14A, 2026-04-28 |
| Ravi Mohan CTO | Tech Executive | Cloud Engineering and Digital Transformation | Advisor | Chief Technology Officer | DEF 14A, 2026-04-28 |
| Andrew K. Rostami | Chief Mktg and Product Officer | 4, 2026-04-21 |
| Arthur L. Smith | Chief Analytics Officer | 4, 2026-02-03 |
| Daniel A. Ulatowski | Chief Sales Officer | 4, 2026-02-03 |
| Prescott General Partners LLC | affiliates | 10-K, 2026-02-13 |
What Credit Acceptance Corp does
Credit Acceptance Corporation (referred to as the “Company”, “Credit Acceptance”, “we”, “our” or “us”) makes vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 10.1 million (as of October 22, 2026) | 10-Q, October 29, 2026 |
|---|---|---|
| Public float | $2.8B (as of June 30, 2025) | 10-K, February 13, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, October 29, 2026 |
| Latest proxy statement | Meeting June 10, 2026 (filed April 28, 2026) | DEF 14A, April 28, 2026 |
| Auditor | Grant Thornton LLP (Southfield, Michigan) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 2, 2026 | Thomas N. Tryforos Director | Buy | 3,000 | $1.5M | Form 4, November 4, 2026 |
| June 26, 2026 | Nicholas J. Elliott Chief Transformation Officer | Sale | 2,306 | $1.5M | Form 4, June 30, 2026 |
| June 26, 2026 | Erin J. Kerber Chief Legal Officer | Sale | 5,720 | $3.6M | Form 4, June 30, 2026 |
| June 25, 2026 | Nicholas J. Elliott Chief Transformation Officer | Sale | 4,670 | $2.8M | Form 4, June 26, 2026 |
| June 25, 2026 | Erin J. Kerber Chief Legal Officer | Sale | 11,593 | $7.0M | Form 4, June 26, 2026 |
| June 24, 2026 | Jonathan Lum Chief Operating Officer | Sale | 6,000 | $3.6M | Form 4, June 26, 2026 |
| June 24, 2026 | Jay D. Martin Chief Financial Officer | Sale | 3,000 | $1.8M | Form 4, June 26, 2026 |
| June 17, 2026 | Nicholas J. Elliott Chief Transformation Officer | Sale | 55 | $32K | Form 4, June 17, 2026 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-21
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-09-18
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-25
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-15
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-06-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Credit Acceptance Corp
- What does Credit Acceptance Corp do?
- In its own words, from Item 1 of its 10-K: "Credit Acceptance Corporation (referred to as the “Company”, “Credit Acceptance”, “we”, “our” or “us”) makes vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers, regardless of their credit history."
- What is Credit Acceptance Corp's revenue?
- $2.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 13, 2026.
- Is Credit Acceptance Corp profitable?
- Credit Acceptance Corp reported net income of $424M for the fiscal year ending December 31, 2025.
- How many employees does Credit Acceptance Corp have?
- About 2,314, as stated in its annual report.
- Who is the CEO of Credit Acceptance Corp?
- Vinayak Hegde, Chief Executive Officer, as named in a 8-K filed October 29, 2026.
- Who is the CFO of Credit Acceptance Corp?
- Joseph Billante III, Chief Financial Officer, as named in a 3 filed July 31, 2026.
- Where is Credit Acceptance Corp headquartered?
- Southfield, MI.
- What is Credit Acceptance Corp's stock ticker?
- CACC on Nasdaq.
- What industry is Credit Acceptance Corp in?
- Personal Credit Institutions, SIC code 6141.
- What is Credit Acceptance Corp's website?
- creditacceptance.com.
- When does Credit Acceptance Corp report earnings next?
- January 28, 2027. Source: estimate_8k_pattern.
- Is Credit Acceptance Corp a public company?
- Yes. Credit Acceptance Corp files with the SEC under CIK 0000885550 and trades as CACC.
- Who audits Credit Acceptance Corp?
- Grant Thornton LLP, Southfield, Michigan, as named in its latest annual report (10-K).
- How many shares of Credit Acceptance Corp are outstanding?
- 10.1 million shares as of October 22, 2026, from its 10-Q filed October 29, 2026.
- What is Credit Acceptance Corp's public float?
- $2.8B as of June 30, 2025, as reported on the cover of its 10-K filed February 13, 2026.
- How many business segments does Credit Acceptance Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed October 29, 2026.
- When is Credit Acceptance Corp's annual shareholder meeting?
- June 10, 2026, per its proxy statement (DEF 14A) filed April 28, 2026.
- Have Credit Acceptance Corp insiders traded stock recently?
- Since May 19, 2026, officers and directors reported 18 open-market sales worth about $33.6M and 1 purchase worth about $1.5M on Forms 4 and 5. The most recent: Thomas N. Tryforos (Director) bought 3,000 shares on November 2, 2026.