CCC Q2 revenue climbs 10%, while CEO's 10b5-1 plan sets up sale of 12M shares
CCC sits 40% above its 52-week low of $4.08.
Summary
CCC Intelligent Solutions posted Q2 2026 revenue of $285.9 million, up 9.8% year-over-year, and net income of $20.8 million. Separately, CEO Githesh Ramamurthy adopted a 10b5-1 plan to sell up to 12.2 million shares beginning August 12, 2026.
Key Events · Earnings and Guidance · CCC
-
Q2 Revenue Up 9.8%
Revenue reached $285.9 million, driven by 7% growth from existing customers and 2% from new customers. Software subscriptions accounted for 96% of total revenue.
-
Net Income Swings to Profit
Net income attributable to common stockholders was $20.8 million, or $0.04 per diluted share, compared to $13.0 million, or $0.02 per share, in Q2 2025.
-
CEO Adopts 10b5-1 Plan to Sell 12.2M Shares
Chairman and CEO Githesh Ramamurthy adopted a Rule 10b5-1 trading plan on May 13, 2026, to sell up to 12,230,286 shares starting August 12, 2026, through April 30, 2027.
-
Interim CTO Appointed
Josh Valdez, currently Chief Product Officer, was appointed Interim Chief Technology Officer on July 14, 2026, with no change in compensation.
Analysis · CCC · Technology
Solid Q2 results at CCC Intelligent Solutions saw revenue rise 9.8% to $285.9 million and net income swing to $20.8 million from $13.0 million a year ago. Adjusted EBITDA advanced to $115.5 million. Tempering the upbeat numbers, the filing reveals that Chairman and CEO Githesh Ramamurthy adopted a 10b5-1 trading plan on May 13, 2026, to sell up to 12.2 million shares starting August 12, 2026 — a potential overhang that warrants attention. The company also named an Interim CTO. While the operational performance is encouraging, the CEO's planned sale dampens enthusiasm, particularly against a backdrop of recent activist interest and sale exploration.
At the time of this filing, CCC was trading at $5.72 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.6B. The 52-week trading range was $4.08 to $10.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.