CCC Intelligent Solutions Q2 Revenue Up 10%, Adjusted EBITDA Margin Hits 40%
CCC sits 48% above its 52-week low of $4.08.
Summary
CCC Intelligent Solutions reported Q2 2026 revenue of $285.9 million, up 9.8% year-over-year, with adjusted EBITDA of $115.5 million and a 40% margin. GAAP net income rose to $20.8 million from $13.0 million a year ago. The company also issued Q3 and full-year 2026 guidance. This follows a Reuters report earlier this month that CCC is exploring a sale and that Elliott Management has built a large stake, adding activist pressure. The solid results and margin expansion strengthen the company's hand in any strategic discussions. Key customer wins include two top-five insurers expanding AI claims routing and a top-five insurer adopting AI subrogation, signaling deepening enterprise adoption. With $115.9 million in cash and $1.27 billion in debt, free cash flow improved sharply to $82.4 million from $27.4 million a year ago. The earnings call will provide more color on the sale process and Elliott's involvement.
At the time of this announcement, CCC was trading at $6.03 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 news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.