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CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2025 Financial Results

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CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Holdings Inc. (“CCC� or the “Company�) (NASDAQ: CCCS), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months ended June 30, 2025.

“CCC delivered strong second quarter results, highlighted by 12% year-over-year revenue growth and adjusted EBITDA margin of 42%. Our solid results reflect our durable business model, operating efficiency, and ongoing investment in innovation that are helping our clients rapidly transform their businesses,� said Githesh Ramamurthy, Chairman & CEO of CCC.

“In the second quarter we had several of our larger customers who had been testing our newer solutions progress past the pilot phase into broader rollouts of our solutions across their businesses,� continued Ramamurthy. “Historically, adoption by these leading customers has helped drive further adoption across the insurance economy, which underscores our confidence in our long-term growth opportunity.�

Second Quarter 2025 Financial Highlights

Revenue

  • Total revenue was $260.5 million for the second quarter of 2025, an increase of 12% from $232.6 million for the second quarter of 2024.

Profitability

  • GAAP gross profit was $194.0 million, representing a gross margin of 74%, for the second quarter of 2025, compared with $177.3 million, representing a gross margin of 76%, for the second quarter of 2024. Adjusted gross profit was $202.5 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2025, compared with $182.1 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2024.

  • GAAP operating income was $24.5 million for the second quarter of 2025, compared with GAAP operating income of $22.5 million for the second quarter of 2024. Adjusted operating income was $94.2 million for the second quarter of 2025, compared with adjusted operating income of $86.0 million for the second quarter of 2024.

  • GAAP net income was $13.0 million for the second quarter of 2025, compared with GAAP net income of $21.4 million for the second quarter of 2024. Adjusted net income was $58.9 million for the second quarter of 2025, compared with adjusted net income of $56.2 million for the second quarter of 2024.

  • Adjusted EBITDA was $108.1 million for the second quarter of 2025, compared with adjusted EBITDA of $95.8 million for the second quarter of 2024. Adjusted EBITDA grew 13% in the second quarter of 2025 compared with the second quarter of 2024.

Liquidity

  • CCC had $55.1 million in cash and cash equivalents and $996.0 million of total debt on June 30, 2025. The Company generated $43.1 million in cash from operating activities and had free cash flow of $27.4 million during the second quarter of 2025, compared with $51.8 million in cash generated from operating activities and $36.2 million in free cash flow for the second quarter of 2024.

2nd Quarter and Recent Business Highlights

  • In Q2, several top-10 insurers (based on 2024 direct premium written) contracted for multiple CCC AI-enabled auto physical damage (APD) solutions that extend their use of CCC’s photo-AI capabilities beyond estimating to include earlier stages of claim handling as well as later stages of audit review. In addition, another top-20 insurer contracted for our AI-enabled subrogation platform, which currently serves 25 CCC customers.
  • CCC continued to see solid momentum in its Casualty business during the second quarter of 2025, renewing and expanding its Casualty relationships with top-10 and top-20 insurers. In addition, the April 30th announcement about the integration of EvolutionIQ’s AI-powered medical record synthesis solution, Medhub, into CCC’s casualty suite of solutions is generating positive engagement among our auto insurance customers.
  • CCC announced the appointment of Barak Eilam to its Board of Directors on July 14th. Mr. Eilam is the former CEO of NICE Systems and has over 2 decades of experience in enterprise software, AI, and customer-engagement technologies. Mr. Eilam’s proven ability to scale organizations and champion customer-centric innovation will be a strong addition to CCC’s next phase of growth.
  • During the second quarter of 2025, CCC repurchased 11 million shares of its stock for approximately $100 million. Year to date, the company has repurchased 18 million shares of CCC stock for approximately $172 million under its current $300 million repurchase authorization.

Business Outlook

Based on information as of today, July 31, 2025, the Company is issuing the following financial guidance:

Third Quarter Fiscal 2025

Full Year Fiscal 2025

Revenue

$

263.0 million to $266.0 million

$

1.046 billion to $1.056 billion

Adjusted EBITDA

$

104.0 million to $107.0 million

$

420.0 million to $428.0 million

Conference Call Information

CCC will host a conference call today, July 31, 2025, at 5:00 p.m. (Eastern Time) to discuss the Company’s financial results and financial guidance. A live webcast of this conference call will be available on the “Investor Relations� page of the Company’s website at , and a replay will be archived on the website as well.

About CCC Intelligent Solutions

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading SaaS platform provider for the multi-trillion-dollar insurance economy, creating intelligent experiences for insurers, repairers, automakers, part suppliers, and more. The CCC Intelligent Experience (IX) Cloud� platform, powered by proven AI and an innovative event-based architecture, connects more than 35,000 businesses to power customized applications and platforms for optimal outcomes and personalized experiences that just work. Through purposeful innovation and the strength of its connections, CCC technologies empower the people and industry relied upon to keep lives moving forward when it matters most. Learn more about CCC at .

Forward Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,� “will,� “could,� “would,� “should,� “expect,� “intend,� “plan,� “anticipate,� “believe,� “estimate,� “predict,� “project,� “potential,� “continue,� “ongoing� or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, future events, goals, plans and projections regarding the Company’s financial position, results of operations, market position, product development and business strategy. Such differences may be material. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, our revenues, the concentration of our customers and the ability to retain our current customers; our ability to negotiate with our customers on favorable terms; our ability to maintain and grow our brand and reputation cost-effectively; the execution of our growth strategy; the impact of public health outbreaks, epidemics or pandemics on our business and results of operations; our projected financial information, growth rate and market opportunity; the health of our industry, claim volumes, and market conditions; changes in the insurance and automotive collision industries, including the adoption of new technologies; global economic conditions and geopolitical events, including the imposition of trade tariffs, supply chain disruption and inflationary; competition in our market and our ability to retain and grow market share; our ability to develop, introduce and market new enhanced versions of our solutions; our sales and implementation cycles; the ability of our research and development efforts to create significant new revenue streams; changes in applicable laws or regulations; changes in international economic, political, social and governmental conditions and policies, including corruption risks in China and other countries; our reliance on third-party data, technology and intellectual property; changes in our customers� or the public’s perceptions regarding the use of artificial intelligence; our ability to protect our intellectual property; our ability to keep our data and information systems secure from data security breaches; our ability to acquire or invest in companies or pursue business partnerships; our ability to raise financing in the future and improve our capital structure; our success in retaining or recruiting, or changes required in, our officers, key employees or directors; our estimates regarding expenses, future revenue, capital requirements and needs for additional financing; our ability to expand or maintain our existing customer base; our ability to service our indebtedness; and other risks and uncertainties, including those included under the header “Risk Factors� in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the Securities and Exchange Commission (“SEC�), which can be obtained, without charge, at the SEC’s website (), and in our other filings with the SEC. The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

Non-GAAP Financial Measures

This press release includes certain financial measures not presented in accordance with generally accepted accounting principles in the U.S. (“GAAP�), including, but not limited to, “adjusted EBITDA,� “adjusted EBITDA margin,� “adjusted net income,� “adjusted operating income,� “adjusted gross profit,� “adjusted gross profit margin,� “adjusted operating expenses,� and “free cash flow� in each case presented on a non-GAAP basis, and certain ratios and other metrics derived therefrom. These non-GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing the Company’s financial results. Therefore, these measures should not be considered in isolation or as an alternative to other measures of profitability, liquidity or performance under GAAP. You should be aware that the Company’s calculation of these non-GAAP measures may not be comparable to similarly-titled measures used by other companies.

The Company believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and results of operations. The Company believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing the Company’s financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Please refer to the reconciliations of these measures below to what the Company believes are the most directly comparable measures evaluated in accordance with GAAP.

This press release also includes certain projections of non-GAAP financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, the Company is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included for these projections.

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
June 30, December 31,

2025

2024

(Unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

$

55,053

$

398,983

Accounts receivable—Net of allowances of $4,310 and $4,692 as of June 30, 2025 and
December 31, 2024, respectively

132,450

106,578

Income taxes receivable

35,567

7,743

Deferred contract costs

23,158

22,373

Other current assets

31,477

28,973

Total current assets

277,705

564,650

SOFTWARE, EQUIPMENT, AND PROPERTY—Net

170,341

172,079

OPERATING LEASE ASSETS

37,275

29,762

INTANGIBLE ASSETS—Net

1,056,418

934,278

GOODWILL

1,956,485

1,417,724

DEFERRED FINANCING FEES, REVOLVER—Net

1,551

1,743

DEFERRED CONTRACT COSTS

20,281

18,692

EQUITY METHOD INVESTMENT

10,228

10,228

OTHER ASSETS

35,140

34,062

TOTAL

$

3,565,424

$

3,183,218

LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS� EQUITY
CURRENT LIABILITIES:
Accounts payable

$

17,996

$

18,393

Accrued expenses

66,504

72,543

Income taxes payable

80

80

Current portion of long-term debt

10,010

8,000

Current portion of long-term licensing agreement—Net

3,360

3,257

Operating lease liabilities

7,632

7,658

Deferred revenues

71,214

44,915

Note payable to minority investor

23,718

Total current liabilities

200,514

154,846

LONG-TERM DEBT—Net

973,298

761,053

DEFERRED INCOME TAXES—Net

161,244

164,844

LONG-TERM LICENSING AGREEMENT—Net

22,728

24,435

OPERATING LEASE LIABILITIES

53,795

47,235

OTHER LIABILITIES

17,495

11,303

Total liabilities

1,429,074

1,163,716

COMMITMENTS AND CONTINGENCIES (Notes 20 and 21)
MEZZANINE EQUITY:
Redeemable non-controlling interest

21,679

STOCKHOLDERS� EQUITY:
Preferred stock�$0.0001 par; 100,000,000 shares authorized; no shares issued or outstanding

Common stock�$0.0001 par; 5,000,000,000 shares authorized; 648,994,473 and
629,207,115 shares issued and outstanding as of June 30, 2025 and December 31,
2024, respectively

65

63

Additional paid-in capital

3,409,623

3,094,182

Accumulated deficit

(1,272,181

)

(1,095,227

)

Accumulated other comprehensive loss

(1,157

)

(1,195

)

Total stockholders� equity

2,136,350

1,997,823

TOTAL

$

3,565,424

$

3,183,218

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(In thousands, except share and per share data)
(Unaudited)
For the Three Months Ended For the Six Months Ended
June 30, June 30,

2025

2024

2025

2024

REVENUES

$

260,451

$

232,618

$

512,016

$

459,855

COST OF REVENUES
Cost of revenues, exclusive of amortization of acquired technologies

62,067

53,231

124,271

106,038

Amortization of acquired technologies

4,368

2,090

8,737

8,657

Total cost of revenues

66,435

55,321

133,008

114,695

GROSS PROFIT

194,016

177,297

379,008

345,160

OPERATING EXPENSES:
Research and development

59,929

49,253

121,692

98,730

Selling and marketing

43,475

36,321

91,772

71,907

General and administrative

47,630

51,268

114,748

108,329

Amortization of intangible assets

18,512

17,942

37,024

35,884

Total operating expenses

169,546

154,784

365,236

314,850

OPERATING INCOME

24,470

22,513

13,772

30,310

INTEREST EXPENSE

(17,836

)

(16,602

)

(34,763

)

(33,054

)

INTEREST INCOME

1,220

2,625

3,168

5,092

CHANGE IN FAIR VALUE OF WARRANT LIABILITIES

15,963

14,378

OTHER (EXPENSE) INCOME—NET

(2,057

)

1,253

(7,154

)

4,191

PRETAX INCOME (LOSS)

5,797

25,752

(24,977

)

20,917

INCOME TAX BENEFIT (PROVISION)

7,163

(4,307

)

20,516

(69

)

NET INCOME (LOSS) INCLUDING NON-CONTROLLING
INTEREST

12,960

21,445

(4,461

)

20,848

LESS: ACCRETION OF REDEEMABLE NON-CONTROLLING INTEREST

(1,221

)

(1,276

)

(2,363

)

NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT
SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS

$

12,960

$

20,224

$

(5,737

)

$

18,485

Net income (loss) per share attributable to common stockholders:
Basic

$

0.02

$

0.03

$

(0.01

)

$

0.03

Diluted

$

0.02

$

0.03

$

(0.01

)

$

0.03

Weighted-average shares used in computing net income (loss) per share
attributable to common stockholders:
Basic

637,578,033

609,997,114

637,207,185

604,138,246

Diluted

660,622,703

638,367,745

637,207,185

636,990,633

COMPREHENSIVE INCOME (LOSS):
Net income (loss) including non-controlling interest

12,960

21,445

(4,461

)

20,848

Other comprehensive (loss) income—Foreign currency translation
adjustment

53

(16

)

38

(91

)

COMPREHENSIVE INCOME (LOSS) INCLUDING
NON-CONTROLLING INTEREST

13,013

21,429

(4,423

)

20,757

Less: accretion of redeemable non-controlling interest

(1,221

)

(1,276

)

(2,363

)

COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CCC
INTELLIGENT SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS

$

13,013

$

20,208

$

(5,699

)

$

18,394

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
For the Six Months Ended
June 30,

2025

2024

CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income

$

(4,461

)

$

20,848

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization of software, equipment, and property

27,373

19,160

Amortization of intangible assets

45,761

44,541

Deferred income taxes

(20,516

)

(24,738

)

Stock-based compensation

107,023

85,096

Amortization of deferred financing fees

935

927

Amortization of discount on debt

82

125

Change in fair value of derivative instruments

8,381

134

Change in fair value of warrant liabilities

(14,378

)

Loss on disposal of software, equipment and property

302

Noncash interest expense

763

Other

68

Changes in:
Accounts receivable—Net

(25,488

)

(18,553

)

Deferred contract costs

(785

)

(1,527

)

Other current assets

2,069

5,860

Deferred contract costs—Non-current

(1,589

)

636

Other assets

(1,078

)

391

Operating lease assets

1,328

1,152

Income taxes

(27,824

)

(5,769

)

Accounts payable

(823

)

4,633

Accrued expenses

(9,231

)

(12,739

)

Operating lease liabilities

(2,307

)

(2,236

)

Deferred revenues

4,838

2,437

Other liabilities

(2,903

)

639

Net cash provided by operating activities

101,548

107,009

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of software, equipment, and property

(30,549

)

(31,224

)

Acquisition of EvolutionIQ, Inc., net of cash acquired

(415,133

)

Net cash used in investing activities

(445,682

)

(31,224

)

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from exercise of stock options

1,934

21,561

Proceeds from employee stock purchase plan

1,650

1,833

Payments for employee taxes withheld upon vesting of equity awards

(44,352

)

(52,722

)

Repurchase of common stock

(172,495

)

Proceeds from issuance of long-term debt

225,000

Payments of fees associated with the debt modification

(6,565

)

Principal payments on long-term debt

(5,005

)

(4,000

)

Net cash provided by (used in) financing activities

167

(33,328

)

NET EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

37

(136

)

NET CHANGE IN CASH AND CASH EQUIVALENTS

(343,930

)

42,321

CASH AND CASH EQUIVALENTS:
Beginning of period

398,983

195,572

End of period

$

55,053

$

237,893

NONCASH INVESTING AND FINANCING ACTIVITIES:
Stock issued related the acquisition of EvolutionIQ, Inc.

$

250,441

$

Issuance of promissory note to minority investor of redeemable preferred securities

$

22,955

$

Noncash purchases of software, equipment, and property

$

$

7,218

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest

$

33,616

$

31,739

Cash paid for income taxes—Net

$

26,628

$

30,567

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT

(In thousands, except profit margin percentage data)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(amounts in thousands, except percentages)

2025

2024

2025

2024

Gross Profit

$

194,016

$

177,297

$

379,008

$

345,160

Amortization of acquired technologies

4,368

2,090

8,737

8,657

Stock-based compensation and related employer payroll tax

4,137

2,693

7,238

5,280

Adjusted Gross Profit

$

202,521

$

182,080

$

394,983

$

359,097

Gross Profit Margin

74

%

76

%

74

%

75

%

Adjusted Gross Profit Margin

78

%

78

%

77

%

77

%

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP OPERATING EXPENSES TO ADJUSTED OPERATING EXPENSES

(In thousands)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(dollar amounts in thousands)

2025

2024

2025

2024

Operating expenses

$

169,546

$

154,784

$

365,236

$

314,850

Amortization of intangible assets

(18,512

)

(17,942

)

(37,024

)

(35,884

)

Stock-based compensation expense and related employer payroll tax

(42,121

)

(38,075

)

(104,939

)

(85,520

)

M&A and integration costs

(348

)

(7,967

)

(477

)

Equity transaction costs, including secondary offerings

(165

)

(1,046

)

(452

)

(1,738

)

Litigation (costs) proceeds, net

(125

)

(1,624

)

3,665

(2,200

)

Debt refinancing costs

(3,119

)

Adjusted Operating Expenses

$

108,275

$

96,097

$

215,400

$

189,031

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP OPERATING (LOSS) INCOME TO ADJUSTED OPERATING INCOME

(In thousands)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(dollar amounts in thousands)

2025

2024

2025

2024

Operating income

$

24,470

$

22,513

$

13,772

$

30,310

Amortization of intangible assets

18,512

17,942

37,024

35,884

Amortization of acquired technologies—Cost of revenue

4,368

2,090

8,737

8,657

Stock-based compensation expense and related employer payroll tax

46,258

40,768

112,177

90,800

M&A and integration costs

348

7,967

477

Equity transaction costs, including secondary offerings

165

1,046

452

1,738

Litigation costs (proceeds), net

125

1,624

(3,665

)

2,200

Debt refinancing costs

3,119

Adjusted Operating Income

$

94,246

$

85,983

$

179,583

$

170,066

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP NET LOSS TO ADJUSTED EBITDA

(In thousands, except for EBITDA margin percentage data)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(dollar amounts in thousands)

2025

2024

2025

2024

Net income (loss)

$

12,960

$

21,445

$

(4,461

)

$

20,848

Interest expense

17,836

16,602

34,763

33,054

Interest income

(1,220

)

(2,625

)

(3,168

)

(5,092

)

Income tax provision (benefit)

(7,163

)

4,307

(20,516

)

69

Amortization of intangible assets

18,512

17,942

37,024

35,884

Amortization of acquired technologies—Cost of revenue

4,368

2,090

8,737

8,657

Depreciation and amortization of software, equipment and property

2,231

2,299

4,495

4,164

Depreciation and amortization of software, equipment and property—Cost of revenue

11,548

7,418

22,878

14,996

Stock-based compensation expense and related employer payroll tax

46,258

40,768

112,177

90,800

M&A and integration costs

348

7,967

477

Equity transaction costs, including secondary offerings

165

1,046

452

1,738

Litigation costs (proceeds), net

125

1,624

(3,665

)

2,200

Debt refinancing costs

3,119

Change in fair value of derivative instruments

2,640

852

8,381

134

Income from derivative instruments

(492

)

(2,008

)

(989

)

(4,039

)

Change in fair value of warrant liabilities

(15,963

)

(14,378

)

Adjusted EBITDA

$

108,116

$

95,797

$

207,194

$

189,512

Adjusted EBITDA Margin

42

%

41

%

40

%

40

%

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF GAAP NET LOSS TO ADJUSTED NET INCOME

(In thousands, except share and per share data)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(dollar amounts in thousands)

2025

2024

2025

2024

Net income (loss)

$

12,960

$

21,445

$

(4,461

)

$

20,848

Amortization of intangible assets

18,512

17,942

37,024

35,884

Amortization of acquired technologies—Cost of revenue

4,368

2,090

8,737

8,657

Stock-based compensation expense and related employer payroll tax

46,258

40,768

112,177

90,800

M&A and integration costs

348

7,967

477

Equity transaction costs, including secondary offerings

165

1,046

452

1,738

Litigation costs (proceeds), net

125

1,624

(3,665

)

2,200

Debt refinancing costs

3,119

Change in fair value of derivative instruments

2,640

852

8,381

134

Change in fair value of warrant liabilities

(15,963

)

(14,378

)

Tax effect of adjustments

(26,521

)

(13,618

)

(56,394

)

(35,384

)

Adjusted Net Income

$

58,855

$

56,186

$

113,337

$

110,976

Adjusted Net Income Per Share attributable to common stockholders:
Basic

$

0.09

$

0.09

$

0.18

$

0.18

Diluted

$

0.09

$

0.09

$

0.17

$

0.17

Weighted average shares outstanding:
Basic

637,578,033

609,997,114

637,207,185

604,138,246

Diluted

660,622,703

638,367,745

666,130,181

636,990,633

CCC INTELLIGENT SOLUTIONS HOLDINGS INC. AND SUBSIDIARIES

RECONCILIATION OF NET CASH FLOW FROM OPERATING ACTIVITIES TO FREE CASH FLOW

(In thousands)

(Unaudited)

Three Months Ended June 30, Six Months Ended June 30,
(dollar amounts in thousands)

2025

2024

2025

2024

Net cash provided by operating activities

$

43,056

$

51,774

$

101,548

$

107,009

Purchases of software, equipment, and property

(15,703

)

(15,561

)

(30,549

)

(31,224

)

Free Cash Flow

$

27,353

$

36,213

$

70,999

$

75,785

Investor:

Bill Warmington

VP, Investor Relations, CCC Intelligent Solutions Inc.

312-229-2355

[email protected]

Media:

Michelle Hellyar

Senior Director, Public Relations, CCC Intelligent Solutions Inc.

[email protected]

Source: CCC Intelligent Solutions Inc.

Ccc Intelligent Solutions Hld

NASDAQ:CCCS

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6.32B
542.86M
4.58%
98.47%
5.16%
Software - Application
Services-prepackaged Software
United States
CHICAGO