Ccc Intelligent Solutions Holdings Inc ( (CCCS) ) has released its Q1 earnings. Here is a breakdown of the information Ccc Intelligent Solutions Holdings Inc presented to its investors.
CCC Intelligent Solutions Holdings Inc., a prominent SaaS platform provider in the insurance sector, announced its financial results for the first quarter of 2025, showcasing significant growth and strategic advancements. The company, known for its innovative cloud solutions, continues to expand its influence in the multi-trillion-dollar insurance economy.
In its latest earnings report, CCC Intelligent Solutions reported an 11% increase in revenue, reaching $251.6 million for the first quarter of 2025. The company also achieved an adjusted EBITDA margin of 39%, surpassing its guidance ranges. This growth is attributed to new business wins, contract renewals, and expansions, highlighting the company’s robust business model and customer-centric innovation.
Key financial metrics reveal a GAAP gross profit of $185 million, maintaining a 74% gross margin, while adjusted gross profit stood at $192.5 million with a 77% margin. Despite a GAAP net loss of $17.4 million, the company reported an adjusted net income of $54.5 million. CCC also announced strategic plans to integrate EvolutionIQ’s AI capabilities into its offerings, with the Medhub for Casualty product set to launch ahead of schedule.
The company continues to strengthen its partnerships, notably extending its relationship with Caliber Collision and signing a significant deal with a leading OEM in the EV market. These developments underscore CCC’s expanding network and the versatility of its solutions across the insurance landscape.
Looking ahead, CCC Intelligent Solutions remains optimistic about its growth trajectory, projecting revenue between $1.046 billion and $1.056 billion for the full year 2025. The company aims to leverage its technological advancements and strategic partnerships to enhance operational efficiency and customer experiences in the evolving insurance sector.