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CCC Intelligent Solutions Holdings Inc. — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $294.1 million, up 10.1% year-over-year, while GAAP net income turned positive at $30.2 million versus a $2.0 million loss in the prior year period; adjusted net income rose to $75.1 million and adjusted EBITDA increased 18.5% to $130.5 million.
  • The company suspended all financial guidance and will not host a conference call due to the pending acquisition by a consortium led by GTCR and Elliott Investment Management, which offers shareholders $7.75 per share for an enterprise value of approximately $6.1 billion.
  • AI-related revenue achieved an annualized run-rate of $130 million in Q3 2026, reflecting 40% year-over-year growth, alongside a major deployment of EvolutionIQ technology with a top-five insurer.
  • The proposed all-cash transaction is expected to close in Q1 2027 subject to regulatory and stockholder approvals, at which point CCC will become a privately held company.
Company
CCC INTELLIGENT SOLUTIONS HOLDINGS INC
Sector
Technology
Industry
Software - Application