Every 10-Q that America's Car Mart Inc (CRMT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CRMT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRMT filings page.
America’s Car-Mart, Inc. (CRMT) reported a sharp deterioration in results for the quarter ended July 31, 2026 and disclosed that there is substantial doubt about its ability to continue as a going concern within one year. Total revenues fell to $145.8 million from $341.3 million a year earlier, and the company recorded a net loss attributable to common stockholders of $69.0 million versus a $5.7 million loss in the prior-year quarter. Finance receivables, net, declined to $909.8 million from $1.08 billion at April 30, 2026, while the allowance for credit losses decreased to $277.0 million, or 24.74% of receivables. The company breached minimum liquidity and collateral coverage covenants under its Credit and Guaranty Agreement and is operating under a short-term amendment and forbearance that raised its term loan interest margin to 10.50% on benchmark loans and allows payment-in-kind interest during a limited relief period. Total debt fell to $623.9 million from $722.4 million mainly through repayment of non-recourse notes, and operating activities generated $80.1 million of cash. However, Car-Mart currently lacks a revolving warehouse facility, faces tight liquidity, cannot make shareholder distributions without lender consent, and is exploring strategic and financing alternatives that could include significant dilution, restructuring, asset sales, or bankruptcy.
America’s Car-Mart reported a sharp downturn for the nine months ended January 31, 2026, moving from prior-year profit to a net loss of $104.9 million, or $12.67 loss per share, on revenues of $978.7 million versus $1,020.8 million a year earlier.
The loss reflects higher credit costs, with the provision for credit losses rising to $327.3 million and the allowance increasing to $347.6 million, equal to 25.53% of the finance receivables principal after certain adjustments. Management also recorded a non-cash $47.0 million valuation allowance against deferred tax assets at subsidiary Colonial, driving a negative effective tax rate.
The company closed eighteen dealerships and booked $2.9 million of related fixed-asset impairments. It refinanced its capital structure, replacing a revolving credit facility with a $300.0 million senior secured term loan and issuing $300.0 million of asset-backed non-recourse notes in several securitizations. As of January 31, 2026, total debt was $892.2 million and shares outstanding were 8,302,450, with covenant restrictions currently preventing dividends or share repurchases without lender consent.
America's Car-Mart, Inc. reported interim results for the quarter ended July 31, 2025, continuing its integrated used-vehicle sales and in-house financing model across 154 dealerships. The company held approximately $9.7 million of cash and had about $20.8 million of additional capacity under a $350.0 million revolving credit facility.
Finance receivables principal totaled about $1.5 billion with an allowance for credit losses of $326.1 million (23.35%). Earned finance charges were $8.1 million versus $7.4 million at fiscal year-end. Accounts 30+ days past due were 3.8% (up from 3.4%). The company completed a $216.0 million securitization on May 29, 2025 (collateral $363.0 million, weighted coupon 6.27%) and completed another securitization on August 28, 2025 (collateral $291.5 million, weighted coupon 5.46%).