CCC Intelligent Solutions Holdings Inc. CCC
Founded in 1980, CCC is a leading Software-as-a-Service ("SaaS") and AI platform provider for the multi-trillion-dollar insurance economy powering operations for insurers, repairers, automakers, part suppliers, and more. CCC cloud technology connects more than 35,000 businesses digitizing mission-critical workflows, commerce, and customer experiences. A trusted leader in AI, customer experience, network and workflow management, CCC delivers technology that turns crucial moments into intelligent experiences, with the goal of shaping a world where life just works.
Our business has been built upon two foundational pillars: automotive insurance claims and automotive collision repair. For decades we have delivered leading software solutions to both the insurance and repair industries, including pioneering Direct Repair Programs ("DRP") in the United States ("U.S.") beginning in 1992. DRP connects auto insurers and collision repair shops to create business value for both parties, and requires digital tools to facilitate interactions and manage partner programs. Insurer-to-shop DRP connections have created a strong network effect for CCC's platform, as insurers and repairers both benefit by joining the largest network to maximize opportunities. This has led to a virtuous cycle in which more insurers on the platform drives more value for the collision shops on the platform, and vice versa.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $944.8M | $866.4M | $782.4M | $688.3M | $633.1M | $616.1M | — |
| Cost of revenue | $280.2M | $231.0M | $230.2M | $213.9M | $195.7M | $208.7M | $225.6M | — |
| Gross profit | $776.8M | $713.8M | $636.2M | $568.5M | $492.6M | $424.3M | $390.4M | — |
| R&D | $227.5M | $201.5M | $173.1M | $157.0M | $166.0M | $109.5M | $114.0M | — |
| SG&A | $206.6M | $218.2M | $191.8M | $167.8M | $250.1M | $90.8M | $78.1M | — |
| Total operating expenses | $683.0M | $633.7M | $660.1M | $516.6M | $637.3M | $347.4M | $556.6M | — |
| Operating income | $93.8M | $80.1M | -$23.9M | $51.9M | -$144.7M | $77.0M | -$166.2M | — |
| Interest expense | $71.0M | $64.6M | $63.6M | $39.0M | $59.0M | $77.0M | $89.5M | — |
| Pre-tax income | $21.5M | $44.3M | -$84.5M | $49.9M | -$274.9M | -$21.6M | -$277.6M | — |
| Income tax | $19.8M | $13.1M | $5.5M | $11.5M | $26.0M | $4.7M | $67.3M | — |
| Net income | $1.7M | $31.2M | -$90.1M | $38.4M | -$248.9M | -$16.9M | -$210.3M | — |
| EPS, basic | 0.00 | 0.04 | -0.15 | 0.06 | -0.46 | -0.03 | — | — |
| EPS, diluted | 0.00 | 0.04 | -0.15 | 0.06 | -0.46 | -0.03 | -0.42 | — |
| Shares, diluted (wtd. avg.) | $659.6M | $641.9M | $617.9M | $642.8M | $543.6M | $504.1M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $111.2M | $399.0M | $195.6M | $323.8M | $182.5M | $162.1M | $93.2M | $57.5M |
| Receivables | $137.1M | $106.6M | $102.4M | $98.4M | $78.8M | $74.1M | $63.6M | $59.3M |
| Total current assets | $335.1M | $564.6M | $350.0M | $479.1M | $322.9M | $281.8M | — | — |
| Property, plant and equipment | $166.8M | $172.1M | $160.4M | $146.4M | $135.8M | $101.4M | — | — |
| Goodwill | $1.96B | $1.42B | $1.42B | $1.50B | $1.47B | $1.47B | $1.47B | — |
| Other intangibles | $1.01B | $934.3M | $1.02B | $1.12B | $1.21B | $1.31B | — | — |
| Total assets | $3.57B | $3.18B | $3.05B | $3.35B | $3.24B | $3.20B | — | — |
| Accounts payable | $31.0M | $18.4M | $16.3M | $27.6M | $12.9M | $13.2M | — | — |
| Short-term debt | $13.0M | $8.0M | $8.0M | $8.0M | $8.0M | $25.4M | — | — |
| Total current liabilities | $234.1M | $154.8M | $152.9M | $151.6M | $136.6M | $125.7M | — | — |
| Long-term debt | $1.26B | $761.1M | $767.5M | $774.1M | $780.6M | $1.29B | — | — |
| Total liabilities | $1.79B | $1.16B | $1.25B | $1.29B | $1.35B | $1.81B | — | — |
| Retained earnings | -$1.70B | -$1.10B | -$1.13B | -$707.9M | -$746.4M | -$129.4M | — | — |
| Total equity | $1.79B | $2.00B | $1.78B | $2.05B | $1.87B | $1.37B | $1.38B | $1.57B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $315.5M | $283.9M | $250.0M | $199.9M | $127.3M | $103.9M | $66.3M | — |
| Depreciation and amortisation | $58.8M | $42.9M | $36.9M | $27.9M | $24.5M | $17.7M | $18.4M | — |
| Stock-based compensation | $175.4M | $171.0M | $144.5M | $109.5M | $262.0M | $11.3M | $7.1M | — |
| Capital expenditure | $61.0M | $53.0M | $55.0M | $48.0M | $38.3M | $30.1M | $20.5M | — |
| Investing cash flow | -$471.4M | -$53.0M | -$55.0M | -$76.3M | -$48.6M | -$30.7M | -$21.1M | — |
| Financing cash flow | -$132.1M | -$27.3M | -$323.0M | $17.9M | -$58.4M | -$4.4M | -$9.4M | — |
| Dividends paid | — | — | $0 | $0 | $134.6M | $134.5M | — | — |
| Buybacks | $600.6M | $0 | $328.5M | $0 | $0 | $0 | $148.0K | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-013493.
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