CCC Intelligent Solutions Reports Strong Q1 Results, Swings to Profit, and Executes Substantial $400M Share Repurchase
CCC sits 29% above its 52-week low of $4.575.
Summary
CCC Intelligent Solutions reported strong Q1 2026 financial results, including a return to GAAP net income and significant revenue and Adjusted EBITDA growth, while also executing a substantial $400 million share repurchase.
Key Events · Earnings and Guidance · CCC
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Strong Q1 2026 Financial Performance
The company reported total revenue of $281.3 million, a 12% increase year-over-year. GAAP net income turned positive at $15.4 million, compared to a GAAP net loss of $17.4 million in Q1 2025. Adjusted EBITDA grew 21% to $120.2 million, with the adjusted EBITDA margin expanding to 43%.
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Substantial Share Repurchase Execution
CCC completed an accelerated share repurchase (ASR) program, utilizing $300 million of its $500 million authorization, and repurchased an additional $100 million of stock in the open market. This totals $400 million in repurchases during Q1 2026, with $100 million remaining under the authorization.
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Positive Business Outlook
The company issued financial guidance for Q2 2026, projecting revenue between $283.0 million and $285.0 million, and Adjusted EBITDA between $111.0 million and $113.0 million. Full-year 2026 guidance anticipates revenue of $1.155 billion to $1.163 billion and Adjusted EBITDA of $484.0 million to $490.0 million.
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New Board Member Appointed
John Schweitzer, with over three decades of leadership experience in enterprise technology, joined CCC's Board of Directors, further strengthening the board's expertise in platform scale and AI innovation.
Analysis · CCC · Technology
CCC Intelligent Solutions delivered robust first-quarter 2026 financial results, marked by a significant 12% year-over-year revenue increase to $281.3 million and a positive swing to GAAP net income of $15.4 million from a loss in the prior year. Adjusted EBITDA also saw strong growth, rising 21% to $120.2 million with margin expansion. Furthermore, the company executed a substantial $400 million of its $500 million share repurchase program, demonstrating a strong commitment to returning capital to shareholders. This positive operational and capital allocation news is presented alongside a concurrent announcement of the CFO's resignation, which investors should monitor for any further implications.
At the time of this filing, CCC was trading at $5.91 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.8B. The 52-week trading range was $4.58 to $10.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.