While CCC maintains a robust 75.8% gross margin, operating margins remain constrained at 17.4% due to elevated R&D and SG&A spending.
| Sales/Revenue | 1.09B | 1.06B | 944.8M | 866.38M | 782.45M | 688.29M | 633.06M |
| Revenue Growth % | 12.13% | 11.88% | 9.05% | 10.73% | 13.68% | 8.72% | - |
| Cost of Goods Sold | 281.65M | 280.19M | 231M | 230.22M | 213.94M | 195.66M | 208.72M |
| COGS % of Revenue | - | 26.51% | 24.45% | 26.57% | 27.34% | 28.43% | 32.97% |
| Gross Profit | 805.06M | 776.81M | 713.8M | 636.16M | 568.51M | 492.63M | 424.35M |
| Gross Margin % | 74.08% | 73.49% | 75.55% | 73.43% | 72.66% | 71.57% | 67.03% |
| Gross Profit Growth % | - | 8.83% | 12.21% | 11.9% | 15.4% | 16.09% | - |
| Operating Expenses | 651.71M | 682.97M | 633.7M | 660.08M | 516.59M | 637.31M | 347.37M |
| OpEx % of Revenue | - | 64.61% | 67.07% | 76.19% | 66.02% | 92.59% | 54.87% |
| Selling, General & Admin | 355.03M | 381.42M | 360.44M | 332.69M | 287.35M | 398.96M | 165.55M |
| SG&A % of Revenue | - | 36.09% | 38.15% | 38.4% | 36.72% | 57.96% | 26.15% |
| Research & Development | 218.26M | 227.5M | 201.49M | 173.11M | 156.96M | 165.99M | 109.51M |
| R&D % of Revenue | - | 21.52% | 21.33% | 19.98% | 20.06% | 24.12% | 17.3% |
| Other Operating Expenses | 4M | 74.05M | 71.77M | 154.28M | 72.28M | 72.36M | 72.31M |
| Operating Income | 153.36M | 93.84M | 80.11M | -23.93M | 51.92M | -144.68M | 76.98M |
| Operating Margin % | 14.11% | 8.88% | 8.48% | -2.76% | 6.64% | -21.02% | 12.16% |
| Operating Income Growth % | - | 17.15% | 434.82% | -146.08% | 135.89% | -287.94% | - |
| EBITDA | 285.31M | 244.12M | 203.78M | 111.41M | 179.07M | -21.55M | 193.34M |
| EBITDA Margin % | 26.25% | 23.1% | 21.57% | 12.86% | 22.89% | -3.13% | 30.54% |
| EBITDA Growth % | 51.91% | 19.8% | 82.91% | -37.78% | 931.11% | -111.14% | - |
| D&A (Non-Cash Add-back) | 131.95M | 150.28M | 123.68M | 135.34M | 127.15M | 123.13M | 116.36M |
| EBIT | 105.23M | 51.58M | 108.92M | -20.97M | 88.85M | -215.93M | 55.45M |
| Net Interest Income | -70.5M | -66.12M | -52.41M | -47.33M | -38.08M | -58.99M | -77M |
| Interest Income | 3.88M | 4.88M | 12.2M | 16.25M | 908K | 0 | 0 |
| Interest Expense | 74.38M | 71.01M | 64.61M | 63.58M | 38.99M | 58.99M | 77M |
| Other Income/Expense | -117.6M | -113.27M | -35.79M | -60.62M | -2.06M | -130.24M | -98.53M |
| Pretax Income | 35.76M | -19.43M | 44.31M | -84.55M | 49.86M | -274.92M | -21.55M |
| Pretax Margin % | 3.29% | -1.84% | 4.69% | -9.76% | 6.37% | -39.94% | -3.4% |
| Income Tax | 11.52M | -19.84M | 13.07M | 5.52M | 11.46M | -26M | -4.68M |
| Effective Tax Rate % | 32.21% | 102.12% | 29.5% | -6.53% | 22.98% | 9.46% | 21.71% |
| Net Income | 34.53M | 412K | 26.14M | -92.48M | 38.41M | -248.92M | -16.88M |
| Net Margin % | 3.18% | 0.04% | 2.77% | -10.67% | 4.91% | -36.16% | -2.67% |
| Net Income Growth % | 275.81% | -98.42% | 128.27% | -340.79% | 115.43% | -1374.99% | - |
| Net Income (Continuing) | 24.24M | 412K | 31.24M | -90.07M | 38.41M | -248.92M | -16.88M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 21.68M | 16.58M | 14.18M | 14.18M | 14.18M |
| EPS (Diluted) | 0.06 | 0.00 | 0.04 | -0.15 | 0.06 | -0.46 | -0.03 |
| EPS Growth % | 290.14% | -98.53% | 127.13% | -350% | 113.04% | -1519.72% | - |
| EPS (Basic) | - | 0.00 | 0.04 | -0.15 | 0.06 | -0.46 | -0.03 |
| Diluted Shares Outstanding | 607.02M | 639.76M | 641.88M | 617.89M | 642.84M | 543.56M | 594.55M |
| Basic Shares Outstanding | 587.38M | 614.22M | 610.76M | 617.89M | 642.84M | 543.56M | 594.55M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
High Stock-Based Compensation
As reported in recent financial filings, CCC achieved a steady revenue growth rate of 11.8% in 2026Q1, reflecting the durability of its subscription-based model within the P&C insurance ecosystem despite broader macroeconomic fluctuations that could impact total claims volume and overall industry activity.
The company's ability to maintain double-digit top-line growth suggests that its core platform remains deeply embedded in carrier workflows. Investors should monitor whether this growth is driven by new customer acquisition or the successful upselling of AI-driven modules, as the latter is critical for long-term ARPU expansion.
Based on the provided income statement data, CCC maintains a robust gross margin of 75.8% as of 2026Q1, yet this structural efficiency is significantly diluted by heavy operating expenses, which prevents the company from translating its high-margin software revenue into meaningful bottom-line profitability.
The persistent gap between gross and operating margins indicates that the company is currently prioritizing market share and R&D investment over immediate GAAP earnings. This cost structure warrants investigation into whether the current level of spending is truly necessary to maintain the platform's competitive moat or if it reflects an inefficient scaling process.
According to quarterly income statements, CCC's net income remains highly volatile, with 2026Q1 net income of $15.4M heavily influenced by substantial stock-based compensation expenses that consistently exceed $30M per quarter, raising questions about the true economic profitability of the firm's current operations.
The reliance on equity-based incentives appears to be a significant drag on GAAP earnings, effectively masking the underlying cash-generating potential of the business. Analysts should adjust for these non-cash charges to determine if the company is actually achieving the operational leverage expected of a mature software infrastructure provider.
As indicated by the 2026Q1 data, SG&A and R&D expenses continue to consume a large portion of gross profit, with operating margins fluctuating significantly and reaching only 17.4% in the most recent quarter, suggesting that the company has yet to achieve optimal operating leverage.
The high level of R&D spending appears to be a strategic choice to defend the platform against potential OEM disintermediation, but it creates a fragile earnings profile. Investors should look for signs of expense discipline as the platform matures, specifically whether R&D as a percentage of revenue begins to trend downward.
Quick answers to the most common questions about buying CCC stock.
For fiscal year 2025, CCC Intelligent Solutions Holdings Inc. (CCC) reported total revenue of $1.06B. This represents a 67.0% increase compared to $633.1M in 2020.
CCC Intelligent Solutions Holdings Inc. (CCC) is profitable, generating $0.4M in net income for the fiscal year ending 2025 with a net profit margin of 0.0%.
CCC Intelligent Solutions Holdings Inc. (CCC) reported an operating income of $93.8M, resulting in an operating profit margin of 8.9%. This margin reflects the operational efficiency of the business before interest and taxes.
CCC Intelligent Solutions Holdings Inc. (CCC) generated $776.8M in gross profit for the year, representing a gross profit margin of 73.5%. This demonstrates the company's core pricing power and production efficiency.