CCC Intelligent Solutions Q1 revenue, adjusted EBITDA beat on AI boost

CCC Intelligent Solutions Holdings

30/04/2026 12:30

Overview

SaaS and AI insurance platform's Q1 revenue rose 12%, beating analyst expectations

Adjusted EBITDA for Q1 beat analyst expectations, margin expanded to 43%

Company repurchased about 43 mln shares and an additional $100 mln of stock in Q1

Outlook

CCC sees Q2 2026 revenue between $283 mln and $285 mln

Company expects Q2 2026 adjusted EBITDA of $111 mln to $113 mln

CCC forecasts full-year 2026 revenue of $1.155 bln to $1.163 bln

Company expects full-year 2026 adjusted EBITDA of $484 mln to $490 mln

Result Drivers

PLATFORM AND AI ADOPTION - Co said revenue growth and margin expansion were driven by strong demand and increasing adoption of its core platform and AI-based solutions across its customer base

LARGE INSURER AGREEMENTS - Multi-year agreements with top-five insurers for Auto Physical Damage and Casualty platforms contributed to growth

Company press release: ID:nGNX461QLg

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$281.30 mln
$274.64 mln (10 Analysts)
Q1 Net Income
$15.40 mln
Q1 Adjusted EBITDA
Beat
$120.20 mln
$113.81 mln (9 Analysts)
Q1 Adjusted Operating Income
Beat
$106.80 mln
$96.27 mln (8 Analysts)
Q1 Adjusted Gross Margin
77.00%
Q1 Adjusted Gross Profit
$215.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for CCC Intelligent Solutions Holdings Inc is $9.00, about 86.7% above its April 29 closing price of $4.82

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)