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

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 September 30, 2025.

“CCC delivered strong third quarter results, highlighted by 12% year-over-year revenue growth and an adjusted EBITDA margin of 41%. Our financial performance reflects continued momentum across our platform – driven by multiple renewals, relationship expansions, and new business wins – as clients engage with CCC to help them navigate rising complexity and the use of AI to drive operational efficiency,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“This growing adoption supports our continued investment in innovation and organizational scale,” continued Ramamurthy. “By deepening strategic partnerships, expanding our multi-sided network, and refining our go-to-market strategy, we’re positioning CCC to lead in what we believe is a transformative period for the insurance economy – one where technology and collaboration drive better outcomes for businesses and the communities they serve.”

Third Quarter 2025 Financial Highlights

Revenue

• Total revenue was $267.1 million for the third quarter of 2025, an increase of 12% from $238.5 million for the third quarter of 2024.

Profitability

• GAAP gross profit was $193.0 million, representing a gross margin of 72%, for the third quarter of 2025, compared with $183.4 million, representing a gross margin of 77%, for the third quarter of 2024. Adjusted gross profit was $199.5 million, representing an adjusted gross profit margin of 75%, for the third quarter of 2025, compared with $185.9 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2024.

• GAAP operating income was $30.0 million for the third quarter of 2025, compared with GAAP operating income of $28.7 million for the third quarter of 2024. Adjusted operating income was $93.0 million for the third quarter of 2025, compared with adjusted operating income of $91.2 million for the third quarter of 2024.

• GAAP net loss was $2.0 million for the third quarter of 2025, compared with GAAP net income of $4.1 million for the third quarter of 2024. Adjusted net income was $59.4 million for the third quarter of 2025, compared with adjusted net income of $62.6 million for the third quarter of 2024.

• Adjusted EBITDA was $110.1 million for the third quarter of 2025, compared with adjusted EBITDA of $101.6 million for the third quarter of 2024. Adjusted EBITDA grew 8% in the third quarter of 2025 compared with the third quarter of 2024.

Liquidity

• CCC had $97.1 million in cash and cash equivalents and $993.5 million of total debt on September 30, 2025. The Company generated $94.8 million in cash from operating activities and had free cash flow of $78.6 million during the third quarter of 2025, compared with $63.2 million in cash generated from operating activities and $49.4 million in free cash flow for the third quarter of 2024.

3 ^rd Quarter and Recent Business Highlights

• Multiple CCC clients renewed and expanded their contracts for the company’s auto physical damage (APD) solutions during the third quarter of 2025. In addition, a top-20 insurer (based on 2024 direct premium written) adopted CCC’s AI-enabled workflow solution for the later stages of audit review – underscoring both the solution’s proven ability to deliver meaningful ROI and operational efficiency and the growing demand for intelligent automation across the claims lifecycle.

• CCC continued to see solid momentum in its Casualty business during the third quarter of 2025. The company began a new Casualty relationship with a top-10 insurer and secured multiple renewals and contract expansions across its Casualty client base – including a renewal with a top-5 insurer.

• In the third quarter of 2025, the EvolutionIQ team achieved their first milestone in expanding client adoption across product lines: a top-25 CCC APD and Casualty client contracted for EvolutionIQ’s workers’ compensation solution. Separately, Medhub for Casualty – the integration of EvolutionIQ’s AI-powered medical record synthesis solution into CCC’s casualty suite of solutions – became generally available during Q3 and is generating strong engagement among auto insurance customers.

• During the third quarter of 2025, CCC repurchased 4.8 million shares of its common stock for approximately $44.9 million. Year to date, the company has repurchased 22.8 million shares of its common stock for $217.2 million under its current $300 million repurchase authorization.

• Effective with the commencement of trading on October 31, 2025, the Company’s common stock will trade on NASDAQ under the new symbol “CCC”. There is no action required by the company’s stockholders with respect to the ticker symbol change. The company’s common stock will continue to be listed on NASDAQ, and its CUSIP will remain unchanged.

Business Outlook

Based on information as of today, October 30, 2025, the Company is issuing the following financial guidance:

Conference Call Information

CCC will host a conference call today, October 30, 2025, at 8:00 a.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 https://ir.cccis.com , 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 www.cccis.com .

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 ( www.sec.gov ), 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.

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Investor Contact:
Bill Warmington
VP, Investor Relations, CCC Intelligent Solutions Inc.
312-229-2355
IR@cccis.com

Media Contact:
Michelle Hellyar
Senior Director, Public Relations, CCC Intelligent Solutions Inc.
mhellyar@cccis.com