CCC Intelligent Solutions (CCC) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue reached $286 million, up 9.8% year-over-year, with adjusted EBITDA of $115.5 million and a 40% margin, both above guidance.

• AI-based solutions drove growth, now representing 11% of revenue and growing 45% year-over-year, with rapid adoption among top insurers and repair facilities.

• Software subscription revenue accounted for 96% of total revenue, reflecting strong retention and expansion.

• Platform investments and ecosystem partnerships are addressing rising complexity in the insurance economy.

• Net income attributable to common stockholders rose 60.4% to $20.8 million for the quarter.

Financial highlights

• Q2 2026 revenue was $285.9 million, up 9.8% year-over-year; adjusted EBITDA reached $115.5 million, up 6.8% year-over-year, with a 40% margin.

• Adjusted gross profit was $217.3 million, with a 76% margin; GAAP gross profit was $210.6 million (74% margin).

• Free cash flow for Q2 was $82.4 million, up from $27.4 million in Q2 2025; trailing 12-month free cash flow was $308 million.

• Net income for Q2 2026 was $20.8 million, up 60.4% year-over-year; adjusted net income was $61.3 million.

• Cash and cash equivalents at June 30, 2026, were $115.9 million; total debt was $1.27 billion.

Outlook and guidance

• Q3 2026 revenue expected at $289.5–$291.5 million; adjusted EBITDA of $118–$120 million.

• Full year 2026 revenue guidance raised to $1.158–$1.164 billion; adjusted EBITDA of $485–$491 million.

• Margin expansion expected to continue, with second half 2026 adjusted EBITDA margin at 42.5%, up 50 basis points year-over-year.

• Liquidity and cash flow generation expected to meet operational and debt service needs for at least the next twelve months.

• Guidance reflects a one-point headwind from the roll-off of legacy first party business.