美国汽车行 2025年度报告

OR Report of Independent Registered Public Accounting Firm Financial Statements: Statements of Net Assets Available for Benefits December31, 2025 and 2024Statement of Changes in Net Assets Available for Benefits, Year Ended December31, 2025Notes to Financial Statements Supplemental Schedules:Schedule H, Line 4a — Schedule of Delinquent Participant Contributions, Year ended December31, 2025Schedule H, Line 4i — Schedule of Assets (Held at End of Year), December31, 2025 Exhibit 23.1Consent of Independent Registered Public Accounting Firm TABLE OF CONTENTS IndependentAuditor's Report1 Statement of Net Assets Available for Benefits— December31, 2025 and 20243 Statement of Changes in Net Assets Available for Benefits— December31, 2025 and 20244 Notes to Financial Statements5 Supplemental Schedules: Schedule H, Line 4a — Schedule of Delinquent Participant Contributions - Year endedDecember31,202513 Schedule H, Line 4i — Schedule of Assets (Held at End of Year)- December31, 202514 Signatures15 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Administrative Committee America'sCar Mart, Inc. 401(k) Plan Opinion on the Financial Statements We have audited the accompanying statements of net assets available for benefits of America's Car Mart,Inc. 401(k) Plan (the Plan) as of December 31, 2025 and 2024, the related statement of changes in net assetsavailable for benefits for the year ended December 31, 2025, and the related notes to the financialstatements (collectively, the financial statements). In our opinion, the financial statements present fairly, inall material respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024, and Basis for Opinion These financial statements are the responsibility of the Plan's management. Our responsibility is to expressan opinion on the Plan's financial statements based on our audits. We are a public accounting firm registeredwith the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be We conducted our audits in accordance with the standards of the PCAOB. Those standards require that weplan and perform the audit to obtain reasonable assurance about whether the financial statements are free ofmaterial misstatement, whether due to error or fraud. Our audits included performing procedures to assessthe risks of material misstatement of the financial statements, whether due to error or fraud, and performingprocedures that respond to those risks. Such procedures included examining, on a test basis, evidenceregarding the amounts and disclosures in the financial statements. Our audits also included evaluating the Supplemental Information The supplemental information in the accompanying schedule of delinquent participant contributions and ofassets (held at end of year) as of or for the year ended December 31, 2025, has been subjected to auditprocedures performed in conjunction with the audit of the Plan's financial statements. The supplementalinformation is presented for the purpose of additional analysis and is not a required part of the financialstatements but includes supplemental information required by the Department of Labor's Rules and test the completeness and accuracy of the information presented in the supplemental information. Informing our opinion on the supplemental information in the accompanying schedule, we evaluated whetherthe supplemental information, including its form and content, is presented in conformity with the We have served as the Plan's auditor since 2007. /s/ HoganTaylor LLP Tulsa, OklahomaJune26, 2026 AMERICA'S CAR MART, INC. 401(k) PLANNotes to Financial StatementsDecember31, 2025 and 2024 Note 1 – Description of Plan America's Car Mart, Inc. (the “Company” or “Employer”) sponsors the America's Car Mart, Inc. 401(k) Plan (the“Plan”). The following description is provided for general information purposes only. Participants should refer to the General The Plan is administered by a committee appointed by the Company. BOKF, NA (the “Trustee”) serves as thetrustee of the Plan, processes and maintains the records of the participant data and holds the Plan assets. Eligibility Employees of the Company are eligible to participate in the Plan and make salary reduction contributions immediatelyfollowing the latter of their employment commencement date or the day they reach 21 years of age and are enrolled in Contributions Participants may contribute up to the maximum annual dollar amount permissible under the Internal Revenue Code(the Code). Participants who have attained age 50 before the end of the Plan year are eligible to make catch-upcontributions. Participants may also rollover amounts from other qualified plans. Participants direct the investment of Under the automatic enrollment feature, participant contributions are initially invested in an American Funds TargetDate Fund based on the participant's birth date at the time of the first deferral co