CCC Revenue Rises 10.1% to $294.1 Million in Third Quarter, Exceeding Estimates
Key Facts
CCC Intelligent Solutions said its revenue rose 10.1% to $294.1 million in the third quarter of 2026, exceeding analysts’ consensus of $290.64 million, according to Investing.com and the results statement. Earnings per share were $0.13, $0.02 above analysts’ estimate of $0.11. The results showed growth in revenue and adjusted profitability, alongside a shift in net income from a loss in the same period last year to a profit. CEO Jithesh Ramamurthy said the company recorded revenue growth of 10% and an adjusted EBITDA margin of about 44%. The results were announced as the company suspended financial guidance because of the proposed acquisition.
Revenue rose from $267.1 million in the third quarter of 2025 to $294.1 million in the third quarter of 2026, according to the company’s filing with the U.S. Securities and Exchange Commission. Adjusted EBITDA also climbed to $130.5 million, up 18.5% from $110.1 million a year earlier. On a GAAP basis, CCC reported net income of $30.2 million, compared with a net loss of $2.0 million in the third quarter of 2025. The figures highlight improvement in adjusted and reported results alongside annual revenue growth. In the second quarter of 2026, the company had reported revenue growth of 10% and an adjusted EBITDA margin of about 40%.
The company expanded its artificial intelligence-related business, whose revenue reached about $130 million on an annualized basis in the third quarter, up 40% year over year, from an annualized rate of about $120 million in the second quarter. CCC said the growth reflects an ongoing shift in customer behavior from testing AI solutions to deploying them at scale. The development places the AI business among the growth drivers the company cited in its results, alongside overall revenue growth. Adjusted EBITDA margin was about 44% in the third quarter, according to the CEO, compared with about 40% in the second quarter. The company did not provide financial guidance for coming periods in light of the proposed deal.
CCC closed at $7.64 on October 22 and then at $7.67 on October 23, according to EL7 data. The stock closed at $7.70 on October 26 and 27, before ending the October 28 session at $7.67. Investing.com reported that the stock closed at $7.67 on October 29. EL7 data do not include the session’s daily range, so intraday highs and lows are not available. These closing prices provide context for the stock’s movement in the days surrounding the results announcement.
The results come amid a proposed acquisition that the company cited as the reason for suspending its guidance and canceling its conference call and webcast to discuss third-quarter results. CCC said it was “suspending its practice of providing guidance” and would not host a conference call or webcast to discuss the results, in light of the proposed deal. In July 2026, the company had reported second-quarter revenue growth of 10% and an adjusted EBITDA margin of about 40%. The information in the results announcement did not specify when guidance or an investor discussion might resume. The quarterly results disclosure is therefore available without a question-and-answer session with management.