CCC says AI solution adoption drives 10% Q2 2026 revenue growth to $286 million
Reuters2026/07/30 13:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- CCC posted 2Q26 revenue of $286 million, up 10% year over year, driven mainly by cross-sell, upsell, and AI adoption; new logos added 2.5 points.
- AI-based solutions added 4 points of growth; AI revenue rose about 45% year over year to roughly 11% of total revenue.
- Adjusted EBITDA reached $115 million, up 7%, with margin at 40% as higher resource costs and technology investment weighed on profitability.
- Free cash flow rose to $82 million from $27 million; trailing 12-month free cash flow was $308 million, up 36%, helped by tax timing.
- Guidance calls for 3Q26 revenue of $289.5 million-$291.5 million, adjusted EBITDA of $118 million-$120 million; full-year revenue of $1.158 billion-$1.164 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CCC Intelligent Solutions Holdings Inc. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.
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