v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income        
REVENUES $ 285,931 $ 260,451 $ 567,205 $ 512,016
COST OF REVENUES        
Cost of revenues, exclusive of amortization of acquired technologies 70,925 62,067 138,952 124,271
Amortization of acquired technologies 4,368 4,368 8,737 8,737
Total cost of revenues 75,294 66,435 147,689 133,008
GROSS PROFIT 210,637 194,016 419,516 379,008
OPERATING EXPENSES:        
Research and development 52,990 59,929 105,514 121,692
Selling and marketing 43,499 43,475 82,917 91,772
General and administrative 48,003 47,630 97,611 114,748
Amortization of intangible assets 18,512 18,512 37,024 37,024
Total operating expenses 163,004 169,546 323,066 365,236
OPERATING INCOME 47,633 24,470 96,450 13,772
INTEREST EXPENSE (20,359) (17,836) (40,659) (34,763)
INTEREST INCOME 743 1,220 1,685 3,168
OTHER INCOME (EXPENSE) - NET 2,567 (2,057) 6,533 (7,154)
PRETAX INCOME (LOSS) 30,584 5,797 64,009 (24,977)
INCOME TAX (PROVISION) BENEFIT (9,797) 7,163 (27,805) 20,516
NET INCOME (LOSS) INCLUDING NON-CONTROLLING INTEREST 20,787 12,960 36,204 (4,461)
LESS: ACCRETION OF REDEEMABLE NON-CONTROLLING INTEREST 0 0 0 (1,276)
NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS $ 20,787 $ 12,960 $ 36,204 $ (5,737)
Net income (loss) per share attributable to common stockholders:        
Basic $ 0.04 $ 0.02 $ 0.06 $ (0.01)
Diluted $ 0.04 $ 0.02 $ 0.06 $ (0.01)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders:        
Basic 573,413,846 637,578,033 580,442,460 637,207,185
Diluted 584,920,956 660,622,703 596,340,210 637,207,185
COMPREHENSIVE INCOME (LOSS):        
Net income (loss) including non-controlling interest $ 20,787 $ 12,960 $ 36,204 $ (4,461)
Other comprehensive income-Foreign currency translation adjustment 52 53 94 38
COMPREHENSIVE INCOME (LOSS) INCLUDING NON-CONTROLLING INTEREST 20,839 13,013 36,298 (4,423)
Less: accretion of redeemable non-controlling interest 0 0 0 (1,276)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS $ 20,839 $ 13,013 $ 36,298 $ (5,699)