CCC Intelligent Solutions Holdings Inc. Common Stock Q2 Earnings Call Highlights CCC Intelligent Solutions Holdings Inc. Common Stock CCC reported second-quarter 2026 revenue and adjusted EBITDA above its guidance range, supported by growth in AI-based products, cross-selling and customer expansions across insurers and collision repair organizations. Revenue rose 10% year over year to $286 million, while adjusted EBITDA increased 7% to $115 million. Chairman and CEO Githesh Ramamurthy said the results reflected the company’s expanding role in connecting participants across the insurance economy, including insurers, repair facilities, suppliers, OEMs and consumers. “Customers are not buying a model. They are buying business outcomes,” Ramamurthy said, pointing to demand for accuracy, efficiency, customer experience and economic value from AI tools embedded in existing workflows. AI Revenue Expands Faster Than Overall Business CCC said its AI-based solutions generated more than $120 million in annualized revenue and were growing at nearly 50% year over year. Interim CFO Rod Cristo said AI-based products accounted for about 11% of second-quarter revenue and grew approximately 45% from the prior-year period. AI solutions contributed four percentage points to the company’s 10% revenue growth during the quarter, primarily driven by auto physical damage, subrogation and EvolutionIQ products. Overall, about 7.5 percentage points of revenue growth came from cross-selling, upselling and AI adoption among existing clients, while new customer logos accounted for about 2.5 percentage points. Ramamurthy said CCC’s AI tools are increasingly being deployed under multiyear commitments and at production scale rather than remaining in pilot programs. The company said it supports more than 900,000 users and has AI trained on tens of millions of claims. During the quarter, two top-five insurers expanded their use of CCC’s AI-enabled claims workflows by deploying its FirstLook solution. One carrier added FirstLook alongside a multiyear extension of its auto physical damage offerings,
CCC Intelligent Solutions Holdings Inc. Common Stock Q2 Earnings Call Highlights
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