CCC

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2026 Financial Results

July 30, 2026 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS and AI platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months ended June 30, 2026.

“CCC delivered another quarter of solid execution, with second quarter revenue growth of 10% and adjusted EBITDA margin of approximately 40%. Our performance reinforces our vision for CCC to be the connective layer for the insurance economy – a network that helps every participant act, not just record,” said Githesh Ramamurthy, Chairman & CEO of CCC.

We continue to see customers deploy AI operationally and at scale to solve real business problems. As adoption expands across our platform, it reinforces the value of our data, workflows, ecosystem connectivity, and guidance capabilities,” continued Ramamurthy. “As the insurance economy becomes increasingly complex, customers are turning to CCC to help connect participants, make better decisions, and improve outcomes across the claims lifecycle. This dynamic is strengthening customer relationships, expanding the role we play across the ecosystem, and increasing our confidence in the long-term growth opportunity.”

Second Quarter 2026 Financial Highlights

Revenue

• Total revenue was $285.9 million for the second quarter of 2026, an increase of 9.8% from $260.5 million for the second quarter of 2025.

Profitability

• GAAP gross profit was $210.6 million, representing a gross margin of 74%, for the second quarter of 2026, compared with $194.0 million, representing a gross margin of 74%, for the second quarter of 2025. Adjusted gross profit was $217.3 million, representing an adjusted gross profit margin of 76%, for the second quarter of 2026, compared with $202.5 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2025.

• GAAP operating income was $47.6 million for the second quarter of 2026, compared with GAAP operating income of $24.5 million for the second quarter of 2025. Adjusted operating income was $101.6 million for the second quarter of 2026, compared with adjusted operating income of $94.2 million for the second quarter of 2025.

• GAAP net income was $20.8 million for the second quarter of 2026, compared with GAAP net income of $13.0 million for the second quarter of 2025. Adjusted net income was $61.3 million for the second quarter of 2026, compared with $58.9 million for the second quarter of 2025.

• Adjusted EBITDA was $115.5 million for the second quarter of 2026, up 6.8% compared with adjusted EBITDA of $108.1 million for the second quarter of 2025.

Liquidity

• CCC had $115.9 million in cash and cash equivalents and $1.27 billion of total debt as of June 30, 2026. The Company generated $101.6 million in cash from operating activities and had free cash flow of $82.4 million for the second quarter of 2026, compared with $43.1 million in cash generated from operating activities and free cash flow of $27.4 million for the second quarter of 2025.

2nd Quarter and Recent Business Highlights

• Large insurers continue to operationalize AI-enabled workflows. During the quarter, two top-five insurers (based on 2025 direct premium written) expanded their adoption of CCC’s AI-based claims routing solution, underscoring growing demand for AI-powered claims routing and early total-loss identification capabilities. These wins provide further evidence of the meaningful operational and financial benefits the solution can deliver, helping insurers identify total losses sooner, improve repair facility capacity utilization, and accelerate resolution for policyholders

• Leading insurer adopts AI-enabled subrogation solution. During the quarter, a top-five insurer (based on 2025 direct premium written) adopted CCC’s AI-based subrogation solution, becoming the largest carrier to do so to date and rapidly scaling deployment under a multi-year agreement. The win reflects growing demand for AI-enabled automation in complex, high-value claims workflows where accuracy and consistency are critical.

• Leading MSO contract renewal and expansion. One of the nation’s largest multi-store operators (MSOs) renewed and expanded its multi-year relationship with CCC during the second quarter. The customer is also a leading adopter of

Mobile Jumpstart, CCC's AI-powered estimating solution for repair facilities, using the platform to initiate 98% of its repair estimates. Broader adoption of AI-enabled workflows across the repair industry was reflected in two additional large MSOs that expanded their use of Mobile Jumpstart, driving double-digit increases in both participating repair facilities and estimates initiated through the platform.

Business Outlook

Based on information as of today, July 30, 2026, the Company is issuing the follo

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2026 Financial Results

April 30, 2026 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS and AI platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months ended March 31, 2026.

“CCC delivered a strong start to 2026, with first quarter revenue growth of 12% and adjusted EBITDA margin expanding approximately 300 basis points year over year to 43%. These results reflect strong demand, disciplined execution, and increasing adoption of our core platform and AI-based solutions across our customer base,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“As insurance claims grow more complex, our customers are relying on CCC to support high‑consequence, mission‑critical workflows with greater automation, intelligence, and consistency,” continued Ramamurthy. “AI is expanding the amount of economic work that can be managed through our platform, building on durable core relationships and deeply embedded workflows across the claims ecosystem. As our largest and most sophisticated customers scale adoption, it reinforces our confidence in the durability of our model and the long-term growth opportunity ahead.”

First Quarter 2026 Financial Highlights

Revenue

• Total revenue was $281.3 million for the first quarter of 2026, an increase of 12% from $251.6 million for the first quarter of 2025.

Profitability

• GAAP gross profit was $208.9 million, representing a gross margin of 74%, for the first quarter of 2026, compared with $185.0 million, representing a gross margin of 74%, for the first quarter of 2025. Adjusted gross profit was $215.6 million, representing an adjusted gross profit margin of 77%, for the first quarter of 2026, compared with $192.5 million, representing an adjusted gross profit margin of 77%, for the first quarter of 2025.

• GAAP operating income was $48.8 million for the first quarter of 2026, compared with GAAP operating loss of $10.7 million for the first quarter of 2025. Adjusted operating income was $106.8 million for the first quarter of 2026, compared with adjusted operating income of $85.3 million for the first quarter of 2025.

• GAAP net income was $15.4 million for the first quarter of 2026, compared with GAAP net loss of $17.4 million for the first quarter of 2025. Adjusted net income was $66.8 million for the first quarter of 2026, compared with $54.5 million for the first quarter of 2025.

• Adjusted EBITDA was $120.2 million for the first quarter of 2026, Up 21% compared with adjusted EBITDA of $99.1 million for the first quarter of 2025.

Liquidity

• CCC had $36.9 million in cash and cash equivalents and $1.288 billion of total debt as of March 31, 2026. The Company generated $57.5 million in cash from operating activities and had free cash flow of $41.6 million during the first quarter of 2026, compared with $58.5 million in cash generated from operating activities and free cash flow of $43.6 million for the first quarter of 2025.

1st Quarter and Recent Business Highlights

• Large insurer expanded adoption of CCC’s APD platform and AI solutions. CCC expanded its relationship with a top‑five insurer (based on 2024 direct premium written) through a multi‑year enterprise agreement covering core Auto Physical Damage (APD) solutions and adoption of its full suite of AI‑enabled solutions.

• Continued expansion of CCC’s Casualty platform with large insurers. CCC signed a multi‑year agreement with a different top‑five insurer to move a significant portion of its Casualty operations onto CCC’s platform. This follows a fourth quarter 2025 decision by a top‑six insurer to move a significant portion of its Casualty business to CCC. Both platform decisions were grounded in long‑standing relationships, proven execution in APD, and CCC’s integrated, analytics‑driven approach to Casualty claims management.

• John Schweitzer joins CCC’s Board of Directors. Schweitzer brings more than three decades of leadership experience across enterprise technology and global go‑to‑market organizations, including senior roles at Salesforce, Informatica, SAP, and Oracle. With the addition of Schweitzer, Neil de Crescenzo, and Barak Eilam over the past 18 months, CCC has strengthened its board to support platform scale, AI innovation, and long‑term value creation while preserving neutrality across its ecosystem.

• Executed on capital allocation strategy through share repurchases in Q1. CCC completed the accelerated share repurchase (ASR) program begun in the fourth quarter of 2025. Under the ASR, CCC repurchased approximately 43 million shares, utilizing $300 million of the $500 million share repurchase program previously authorized by the Board. Following completion of the ASR, CCC repurchased an additional $100 million of stock in the open market, leaving approximately $100 m

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results

February 24, 2026 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCC), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months and year ended December 31, 2025.

“CCC closed out 2025 with solid financial performance, delivering 12% year-over-year revenue growth and an adjusted EBITDA margin of 41% for full year 2025. We achieved these results while continuing to invest for long-term growth and innovation, as our customers rely on CCC to support mission-critical workflows and drive greater operating efficiency across the insurance economy,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“Advances in AI are accelerating our customers’ digital transformation, and CCC’s differentiated combination of proprietary data, deeply embedded workflows, and connected network makes our platform increasingly critical as automation expands across claims and repairs,” continued Ramamurthy. “We are grateful for our multi-year relationships with customers and their partnership as we develop and deploy AI at scale to support their most pressing business challenges. We believe we are still in the early stages of adoption for these data-driven solutions and insights. As customers deepen their use of the CCC platform, it reinforces our confidence in the durability of our model and the long-term growth opportunity ahead.”

Full Year 2025 Financial Highlights

Revenue

•

Total revenue was $1.057 billion for the full year of 2025, an increase of 12% from $944.8 million for the full year of 2024.

Profitability

•

GAAP gross profit was $776.8 million, representing a gross margin of 73% for the full year of 2025, compared with $713.8 million, representing a gross margin of 76% for the full year of 2024. Adjusted gross profit was $805.9 million, representing an adjusted gross profit margin of 76% for the full year of 2025, compared with $732.7 million, representing an adjusted gross profit margin of 78% for the full year of 2024.

•

GAAP operating income was $93.8 million for the full year of 2025, compared with GAAP operating income of 80.1 million for the full year of 2024. Adjusted operating income was $376.9 million for the full year of 2025, compared with adjusted operating income of $354.2 million for the full year of 2024.

•

GAAP net income was $1.7 million for the full year of 2025, compared with GAAP net income of $31.2 million for the full year of 2024. Adjusted net income was $238.0 million for the full year of 2025, compared with adjusted net income of $238.1 million for the full year of 2024.

•

Adjusted EBITDA was $436.0 million for the full year of 2025, up 10% compared with adjusted EBITDA of $397.4 million for the full year of 2024.

Fourth Quarter 2025 Financial Highlights

Revenue

•

Total revenue was $277.9 million for the fourth quarter of 2025, an increase of 13% from $246.5 million for the fourth quarter of 2024.

Profitability

•

GAAP gross profit was $204.8 million, representing a gross margin of 74%, for the fourth quarter of 2025, compared with $185.2 million, representing a gross margin of 75%, for the fourth quarter of 2024. Adjusted gross profit was $211.4 million, representing an adjusted gross profit margin of 76%, for the fourth quarter of 2025, compared with $187.7 million, representing an adjusted gross profit margin of 76%, for the fourth quarter of 2024.

•

GAAP operating income was $50.1 million for the fourth quarter of 2025, compared with GAAP operating income of $21.1 million for the fourth quarter of 2024. Adjusted operating income was $104.3 million for the fourth quarter of 2025, compared with adjusted operating income of $92.9 million for the fourth quarter of 2024.

•

GAAP net income was $8.1 million for the fourth quarter of 2025, compared with GAAP net income of $6.3 million for the fourth quarter of 2024. Adjusted net income was $65.3 million for the fourth quarter of 2025, compared with adjusted net income of $64.5 million for the fourth quarter of 2024.

•

Adjusted EBITDA was $118.7 million for the fourth quarter of 2025, up 12% compared with adjusted EBITDA of $106.3 million for the fourth quarter of 2024.

Liquidity

•

CCC had $111.2 million in cash and cash equivalents and $1.291 billion of total debt on December 31, 2025. The Company generated $315.5 million in cash from operating activities and had free cash flow of $254.5 million for the full year of 2025, compared with $283.9 million in cash generated from operating activities and $230.9 million in free cash flow for the full year of 2024.

4th Quarter and Recent Business Highlights

• AI solution adoption continued to scale across the CCC platform. Approximately 10% of CCC’s total revenue, or nearly $100 million, is now generated from AI‑based

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2025 Financial Results

October 30, 2025 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months ended September 30, 2025.

“CCC delivered strong third quarter results, highlighted by 12% year-over-year revenue growth and an adjusted EBITDA margin of 41%. Our financial performance reflects continued momentum across our platform – driven by multiple renewals, relationship expansions, and new business wins – as clients engage with CCC to help them navigate rising complexity and the use of AI to drive operational efficiency,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“This growing adoption supports our continued investment in innovation and organizational scale,” continued Ramamurthy. “By deepening strategic partnerships, expanding our multi-sided network, and refining our go-to-market strategy, we’re positioning CCC to lead in what we believe is a transformative period for the insurance economy – one where technology and collaboration drive better outcomes for businesses and the communities they serve.”

Third Quarter 2025 Financial Highlights

Revenue

• Total revenue was $267.1 million for the third quarter of 2025, an increase of 12% from $238.5 million for the third quarter of 2024.

Profitability

• GAAP gross profit was $193.0 million, representing a gross margin of 72%, for the third quarter of 2025, compared with $183.4 million, representing a gross margin of 77%, for the third quarter of 2024. Adjusted gross profit was $199.5 million, representing an adjusted gross profit margin of 75%, for the third quarter of 2025, compared with $185.9 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2024.

• GAAP operating income was $30.0 million for the third quarter of 2025, compared with GAAP operating income of $28.7 million for the third quarter of 2024. Adjusted operating income was $93.0 million for the third quarter of 2025, compared with adjusted operating income of $91.2 million for the third quarter of 2024.

• GAAP net loss was $2.0 million for the third quarter of 2025, compared with GAAP net income of $4.1 million for the third quarter of 2024. Adjusted net income was $59.4 million for the third quarter of 2025, compared with adjusted net income of $62.6 million for the third quarter of 2024.

• Adjusted EBITDA was $110.1 million for the third quarter of 2025, compared with adjusted EBITDA of $101.6 million for the third quarter of 2024. Adjusted EBITDA grew 8% in the third quarter of 2025 compared with the third quarter of 2024.

Liquidity

• CCC had $97.1 million in cash and cash equivalents and $993.5 million of total debt on September 30, 2025. The Company generated $94.8 million in cash from operating activities and had free cash flow of $78.6 million during the third quarter of 2025, compared with $63.2 million in cash generated from operating activities and $49.4 million in free cash flow for the third quarter of 2024.

3rd Quarter and Recent Business Highlights

• Multiple CCC clients renewed and expanded their contracts for the company’s auto physical damage (APD) solutions during the third quarter of 2025. In addition, a top-20 insurer (based on 2024 direct premium written) adopted CCC’s AI-enabled workflow solution for the later stages of audit review – underscoring both the solution’s proven ability to deliver meaningful ROI and operational efficiency and the growing demand for intelligent automation across the claims lifecycle.

• CCC continued to see solid momentum in its Casualty business during the third quarter of 2025. The company began a new Casualty relationship with a top-10 insurer and secured multiple renewals and contract expansions across its Casualty client base – including a renewal with a top-5 insurer.

• In the third quarter of 2025, the EvolutionIQ team achieved their first milestone:in expanding client adoption across product lines: a top-25 CCC APD and Casualty client contracted for EvolutionIQ’s workers’ compensation

solution. Separately, Medhub for Casualty – the integration of EvolutionIQ’s AI-powered medical record synthesis solution into CCC’s casualty suite of solutions – became generally available during Q3 and is generating strong engagement among auto insurance customers.

• During the third quarter of 2025, CCC repurchased 4.8 million shares of its common stock for approximately $44.9 million. Year to date, the company has repurchased 22.8 million shares of its common stock for $217.2 million under its current $300 million repurchase authorization.

• Effective with the commencement of trading on October 31, 2025, the Company’s common stock will trade on NASDAQ under the new symbol “CCC”. There is no action required by th

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2025 Financial Results

July 31, 2025 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform provider for the multi-trillion-dollar insurance economy, today announced its financial results for the three months ended June 30, 2025.

“CCC delivered strong second quarter results, highlighted by 12% year-over-year revenue growth and adjusted EBITDA margin of 42%. Our solid results reflect our durable business model, operating efficiency, and ongoing investment in innovation that are helping our clients rapidly transform their businesses,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“In the second quarter we had several of our larger customers who had been testing our newer solutions progress past the pilot phase into broader rollouts of our solutions across their businesses,” continued Ramamurthy. “Historically, adoption by these leading customers has helped drive further adoption across the insurance economy, which underscores our confidence in our long-term growth opportunity.”

Second Quarter 2025 Financial Highlights

Revenue

• Total revenue was $260.5 million for the second quarter of 2025, an increase of 12% from $232.6 million for the second quarter of 2024.

Profitability

• GAAP gross profit was $194.0 million, representing a gross margin of 74%, for the second quarter of 2025, compared with $177.3 million, representing a gross margin of 76%, for the second quarter of 2024. Adjusted gross profit was $202.5 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2025, compared with $182.1 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2024.

• GAAP operating income was $24.5 million for the second quarter of 2025, compared with GAAP operating income of $22.5 million for the second quarter of 2024. Adjusted operating income was $94.2 million for the second quarter of 2025, compared with adjusted operating income of $86.0 million for the second quarter of 2024.

• GAAP net income was $13.0 million for the second quarter of 2025, compared with GAAP net income of $21.4 million for the second quarter of 2024. Adjusted net income was $58.9 million for the second quarter of 2025, compared with adjusted net income of $56.2 million for the second quarter of 2024.

• Adjusted EBITDA was $108.1 million for the second quarter of 2025, compared with adjusted EBITDA of $95.8 million for the second quarter of 2024. Adjusted EBITDA grew 13% in the second quarter of 2025 compared with the second quarter of 2024.

Liquidity

• CCC had $55.1 million in cash and cash equivalents and $996.0 million of total debt on June 30, 2025. The Company generated $43.1 million in cash from operating activities and had free cash flow of $27.4 million during the second quarter of 2025, compared with $51.8 million in cash generated from operating activities and $36.2 million in free cash flow for the second quarter of 2024.

2nd Quarter and Recent Business Highlights

• In Q2, several top-10 insurers (based on 2024 direct premium written) contracted for multiple CCC AI-enabled auto physical damage (APD) solutions that extend their use of CCC’s photo-AI capabilities beyond estimating to include earlier stages of claim handling as well as later stages of audit review. In addition, another top-20 insurer contracted for our AI-enabled subrogation platform, which currently serves 25 CCC customers.

• CCC continued to see solid momentum in its Casualty business during the second quarter of 2025, renewing and expanding its Casualty relationships with top-10 and top-20 insurers. In addition, the April 30th announcement about the integration of EvolutionIQ’s AI-powered medical record synthesis solution, Medhub, into CCC’s casualty suite of solutions is generating positive engagement among our auto insurance customers.

• CCC announced the appointment of Barak Eilam to its Board of Directors on July 14th. Mr. Eilam is the former CEO of NICE Systems and has over 2 decades of experience in enterprise software, AI, and customer-engagement technologies. Mr. Eilam’s proven ability to scale organizations and champion customer-centric innovation will be a strong addition to CCC’s next phase of growth.

• During the second quarter of 2025, CCC repurchased 11 million shares of its stock for approximately $100 million. Year to date, the company has repurchased 18 million shares of CCC stock for approximately $172 million under its current $300 million repurchase authorization.

Business Outlook

Based on information as of today, July 31, 2025, the Company is issuing the following financial guidance:

Third Quarter Fiscal 2025

Full Year Fiscal 2025

Revenue

$263.0 million to $266.0 million

$1.046 billion to $1.056 billion

Adjusted EBITDA

$104.0 million to $107.0 million

$420.0 million to $428.0 mill

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2025 Financial Results

May 6, 2025 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform provider for the multi-trillion dollar insurance economy, today announced its financial results for the three months ended March 31, 2025

“CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and adjusted EBITDA margin of 39% – both above our guidance ranges. Our solid start to 2025 reflects multiple new business wins, renewals, and contract expansions across our customer groups, and reinforces the strength of our business model, multisided network, and customer-focused innovation,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“The integration of EvolutionIQ is proceeding on plan and the expected launch of Medhub for Casualty is ahead of schedule. We intend for this to be the first of many new solutions that provide AI-powered synthesis and best next action recommendations based on insurer preferences to enhance insurers’ ability to consistently manage increasingly complex injury claims and achieve better outcomes,” continued Ramamurthy. “We view this as an important step in accelerating our vision of deploying intelligent experiences across the insurance economy.”

First Quarter 2025 Financial Highlights

Revenue

• Total revenue was $251.6 million for the first quarter of 2025, an increase of 11% from $227.2 million for the first quarter of 2024.

Profitability

• GAAP gross profit was $185.0 million, representing a gross margin of 74%, for the first quarter of 2025, compared with $167.9 million, representing a gross margin of 74%, for the first quarter of 2024. Adjusted gross profit was $192.5 million, representing an adjusted gross profit margin of 77%, for the first quarter of 2025, compared with $177.0 million, representing an adjusted gross profit margin of 78%, for the first quarter of 2024.

• GAAP operating loss was $10.7 million for the first quarter of 2025, compared with GAAP operating income of $7.8 million for the first quarter of 2024. Adjusted operating income was $85.3 million for the first quarter of 2025, compared with adjusted operating income of $84.1 million for the first quarter of 2024.

• GAAP net loss was $17.4 million for the first quarter of 2025, compared with GAAP net loss of $0.6 million for the first quarter of 2024. Adjusted net income was $54.5 million for the first quarter of 2025, compared with adjusted net income of $54.8 million for the first quarter of 2024.

• Adjusted EBITDA was $99.1 million for the first quarter of 2025, compared with adjusted EBITDA of $93.7 million for the first quarter of 2024. Adjusted EBITDA grew 6% in the first quarter of 2025 compared with the first quarter of 2024.

Liquidity

• CCC had $130.3 million in cash and cash equivalents and $998.5 million of total debt on March 31, 2025. The Company generated $58.5 million in cash from operating activities and had free cash flow of $43.6 million during the first quarter of 2025, compared with $55.2 million in cash generated from operating activities and $39.6 million in free cash flow for the first quarter of 2024.

1st Quarter and Recent Business Highlights

• CCC announced that Caliber Collision, the nation's largest auto collision repair provider, has extended its relationship with CCC. Through this multi-year renewal, Caliber will continue to use a broad suite of CCC ONE® solutions, including the addition of CCC® Diagnostics Workflow and CCC® Build Sheets, to streamline operations and enhance services across its repair facilities. With more than 1,800 locations, Caliber offers comprehensive auto repair services across 41 states. Caliber began working with CCC when it had just 100 locations and has grown alongside CCC’s technology, leveraging CCC ONE to support its expansion and enhance operational efficiency. By renewing and extending its relationship with CCC, we believe Caliber will be able to drive greater efficiency in vehicle diagnostics and repair planning.

• CCC announced plans to accelerate the inclusion of EvolutionIQ’s proven, high-impact AI in CCC’s auto casualty offerings. This next generation of solutions is being designed to provide AI-powered synthesis and best next action recommendations based on insurer preferences to enhance insurers’ ability to consistently manage increasingly complex injury claims and achieve better outcomes. Medhub for Casualty will be the first available product with an expected

launch in Q3, and a further expectation that it will be followed by other planned innovations leveraging EvolutionIQ’s claims guidance across the auto casualty claims lifecycle in later quarters.

• CCC recently signed a large OEM with a captive insurance business and a leading market position in EVs. This new relationship is with both the insurance and the collision repa

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

February 25, 2025 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2024.

“CCC delivered another year of solid financial performance, with year-over-year revenue growth in 2024 of 9% and adjusted EBITDA margin of 42%. We made significant investments in 2024 to deliver AI-based innovation and operational performance to our customers, introducing the largest number of new solutions in CCC’s history while continuing to expand our multi-sided network,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“In addition to our investments in artificial intelligence and the CCC IX Cloud™ platform, our acquisition of EvolutionIQ helps to accelerate our vision of deploying intelligent experiences across the insurance economy,” continued Ramamurthy. “Positive customer feedback regarding these investments reinforces our confidence in our durable business model and long-term growth outlook.”

Fourth Quarter 2024 Financial Highlights

Revenue

• Total revenue was $246.5 million for the fourth quarter of 2024, an increase of 8% from $228.6 million for the fourth quarter of 2023.

Profitability

• GAAP gross profit was $185.2 million, representing a gross margin of 75%, for the fourth quarter of 2024, compared with $172.7 million, representing a gross margin of 76%, for the fourth quarter of 2023. Adjusted gross profit was $187.7 million, representing an adjusted gross profit margin of 76%, for the fourth quarter of 2024, compared with $181.5 million, representing an adjusted gross profit margin of 79%, for the fourth quarter of 2023.

• GAAP operating income was $21.1 million for the fourth quarter of 2024, compared with GAAP operating income of $19.4 million for the fourth quarter of 2023. Adjusted operating income was $92.9 million for the fourth quarter of 2024, compared with adjusted operating income of $90.6 million for the fourth quarter of 2023.

• GAAP net income was $6.3 million for the fourth quarter of 2024, compared with GAAP net income of $26.3 million for the fourth quarter of 2023. Adjusted net income was $64.5 million for the fourth quarter of 2024, compared with adjusted net income of $59.0 million for the fourth quarter of 2023.

• Adjusted EBITDA was $106.3 million for the fourth quarter of 2024, compared with adjusted EBITDA of $100.1 million for the fourth quarter of 2023. Adjusted EBITDA grew 6% in the fourth quarter of 2024 compared with the fourth quarter of 2023.

Full year 2024 Financial Highlights

Revenue

• Total revenue was $944.8 million for the full year of 2024, an increase of 9% from $866.4 million for the full year of 2023.

Profitability

• GAAP gross profit was $713.8 million, representing a gross margin of 76% for the full year of 2024, compared with $636.2 million, representing a gross margin of 73% for the full year of 2023. Adjusted gross profit was $732.7 million, representing an adjusted gross profit margin of 78% for the full year of 2024, compared with $672.2 million, representing an adjusted gross profit margin of 78% for the full year of 2023.

• GAAP operating income was $80.1 million for the full year of 2024, compared with GAAP operating loss of $23.9 million for the full year of 2023. Adjusted operating income was $354.2 million for the full year of 2024, compared with adjusted operating income of $315.4 million for the full year of 2023.

• GAAP net income was $31.2 million for the full year of 2024, compared with GAAP net loss of $90.1 million for the full year of 2023. Adjusted net income was $238.1 million for the full year of 2024, compared with adjusted net income of $210.5 million for the full year of 2023.

• Adjusted EBITDA was $397.4 million for the full year of 2024, compared with adjusted EBITDA of $353.4 million for the full year of 2023. Adjusted EBITDA grew 12% in the full year of 2024 compared with the full year of 2023.

Liquidity

• CCC had $399.0 million in cash and cash equivalents and $776.0 million of total debt on December 31, 2024. The Company generated $283.9 million in cash from operating activities and had free cash flow of $230.9 million for the full year of 2024, compared with $250.0 million in cash generated from operating activities and $195.0 million in free cash flow for the full year of 2023.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted EBITDA margin,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2024 Financial Results

October 28, 2024 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2024.

“CCC delivered solid third quarter results, highlighted by 8% year-over-year revenue growth and 43% adjusted EBITDA margin. Our sustained performance in 2024 year-to-date reflects multiple new business wins, renewals, and contract expansions across our customer groups,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“We believe that our investments in artificial intelligence, the CCC IX Cloud™ platform, and our multi-sided network position us to continue to deliver new, high-ROI solutions that improve the operating efficiency and consumer experience of our customers’ mission-critical workflows,” continued Ramamurthy. “The high level of customer engagement we are seeing with our Emerging Solutions reinforces our confidence in our long-term growth outlook.”

Third Quarter 2024 Financial Highlights

Revenue

• Total revenue was $238.5 million for the third quarter of 2024, an increase of 8% from $221.1 million for the third quarter of 2023.

Profitability

• GAAP gross profit was $183.4 million, representing a gross margin of 77%, for the third quarter of 2024, compared with $163.1 million, representing a gross margin of 74%, for the third quarter of 2023. Adjusted gross profit was $185.9 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2024, compared with $172.1 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2023.

• GAAP operating income was $28.7 million for the third quarter of 2024, compared with GAAP operating income of $16.6 million for the third quarter of 2023. Adjusted operating income was $91.2 million for the third quarter of 2024, compared with adjusted operating income of $82.7 million for the third quarter of 2023.

• GAAP net income was $4.1 million for the third quarter of 2024, compared with GAAP net loss of $21.2 million for the third quarter of 2023. Adjusted net income was $62.7 million for the third quarter of 2024, compared with adjusted net income of $57.2 million for the third quarter of 2023.

• Adjusted EBITDA was $101.6 million for the third quarter of 2024, compared with adjusted EBITDA of $92.9 million for the third quarter of 2023. Adjusted EBITDA grew 9% in the third quarter of 2024 compared with the third quarter of 2023.

Liquidity

• CCC had $286.3 million in cash and cash equivalents and $778.0 million of total debt on September 30, 2024. The Company generated $63.3 million in cash from operating activities and had free cash flow of $49.4 million during the third quarter of 2024, compared with $60.5 million generated in cash from operating activities and $46.4 million in free cash flow in the third quarter of 2023.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted EBITDA margin,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

3rd Quarter and Recent Business Highlights

• CCC launched CCC® Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. Leveraging AI technology, CCC Intelligent Reinspection identifies areas for review and provides reason codes based on insurer rules, helping reinspectors review increasingly complex estimates quickly, reducing repair and claim cycle times so drivers can get back on the road sooner following a car accident.

• CCC recently launched CCC® Payroll, a new solution designed to streamline payroll management for collision repair shops. Integrated into the CCC ONE® platform, CCC Payroll enables shops to track production and labor, and streamline payroll within a single system, simplifying the payroll process from start to finish and giving employees greater visibility

into how their pay is calculated. The payroll services are provided through an integration with a third-party payroll processor.

• Three months after the launch of CCC® Build Sheets on July 16, 2024, over 2,000 repair facilities have signed up for and are using the subscription service. CCC® Build Sheets is a new solution designed to streamline the repair process. Integrated directly into CCC ONE®, CCC® Build Sheets provides collision repairers with detailed vehicle specifications based on the Vehicle Identification Number (VIN), helping repairers write more com

8-K

0001818201false00018182012024-10-042024-10-04

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 04, 2024

CCC Intelligent Solutions Holdings Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-39447

98-1546280

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

167 N. Green Street, 9th Floor

Chicago, Illinois

60607

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (800) 621-8070

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

CCCS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

CCC Intelligent Solutions Holdings Inc. (the “Company”) reaffirms its financial guidance for the third quarter of fiscal year 2024, as provided in a press release issued July 30, 2024, that was previously furnished as Exhibit 99.1 to the Company’s Form 8-K filed with the Securities and Exchange Commission on July 30, 2024.

The information in this Item 2.02 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Company is announcing today the retirement of Mary Jo Prigge and the departure of Michael Silva. As a result, the Company is consolidating their roles in order to streamline its operations in continued support of its customers and to deliver on our expected long-term growth. An executive search has been initiated to find a leader for this new consolidated role.

Retirement of Mary Jo Prigge

Mary Jo Prigge, Executive Vice President, Chief Service Delivery Officer of the Company notified the Company that she will retire from her role with the Company no later than December 31, 2024. We expect that, following her retirement from this role, Ms. Prigge will continue in a part-time advisory capacity to senior management.

The Company thanks Ms. Prigge for her contributions and 26 years of service to the Company, its employees and its customers, and for her material contributions to CCC’s successes, delivering operational excellence and a high net promoter score.

Departure of Michael Silva

Michael Silva, Executive Vice President, Chief Commercial & Customer Success Officer of the Company will be departing the Company due to role elimination effective no later than December 31, 2024.

The Company thanks Mr. Silva for his contributions and service as a business leader and partner to the Company, its employees and its customers.

Forward Looking Statements

This Current Report on Form 8-K contains forward-looking statements that are based on beliefs and assumptions and on information currently available. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. We cannot assure you that the forward-looking statements in this report will prove to be accurate. These forward looking statements a

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2024 Financial Results

July 30, 2024 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2024.

“CCC delivered strong second quarter results, highlighted by 10% year-over-year revenue growth and 41% adjusted EBITDA margin. Our solid performance in the first half of 2024 reinforces our confidence in our durable business model, multisided network, and customer-focused innovation,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“Our significant investment in research and development over the past decade has enabled us to build a robust pipeline of new solutions that help our clients accelerate their digital transformation within the P&C economy,” continued Ramamurthy. “Strong client engagement and feedback across these new solutions increase our confidence in CCC’s long-term growth potential.”

Second Quarter 2024 Financial Highlights

Revenue

• Total revenue was $232.6 million for the second quarter of 2024, an increase of 10% from $211.7 million for the second quarter of 2023.

Profitability

• GAAP gross profit was $177.3 million, representing a gross margin of 76%, for the second quarter of 2024, compared with $152.6 million, representing a gross margin of 72%, for the second quarter of 2023. Adjusted gross profit was $182.1 million, representing an adjusted gross profit margin of 78%, for the second quarter of 2024, compared with $162.0 million, representing an adjusted gross profit margin of 77%, for the second quarter of 2023.

• GAAP operating income was $22.5 million for the second quarter of 2024, compared with GAAP operating loss of $73.2 million for the second quarter of 2023. Adjusted operating income was $86.0 million for the second quarter of 2024, compared with adjusted operating income of $71.8 million for the second quarter of 2023.

• GAAP net income was $21.4 million for the second quarter of 2024, compared with GAAP net loss of $97.3 million for the second quarter of 2023. Adjusted net income was $56.2 million for the second quarter of 2024, compared with adjusted net income of $47.8 million for the second quarter of 2023.

• Adjusted EBITDA was $95.8 million for the second quarter of 2024, compared with adjusted EBITDA of $80.9 million for the second quarter of 2023. Adjusted EBITDA grew 18% in the second quarter of 2024 compared with the second quarter of 2023.

Liquidity

• CCC had $237.9 million in cash and cash equivalents and $780.0 million of total debt on June 30, 2024. The Company generated $51.8 million in cash from operating activities and had free cash flow of $36.2 million during the second quarter of 2024, compared with $69.6 million generated in cash from operating activities and $55.0 million in free cash flow in the second quarter of 2023.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted EBITDA margin,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

2nd Quarter and Recent Business Highlights

• CCC recently launched CCC® Build Sheets, a new solution designed to streamline the repair process. Integrated directly into CCC ONE®, CCC® Build Sheets provides collision repairers with detailed vehicle specifications based on the Vehicle Identification Number (VIN), helping them write more complete estimates the first time, better understand the parts needed for the repair, access information faster, improve efficiency, and enhance overall shop productivity.

• CCC continued to grow the breadth and depth of its network during the second quarter of 2024, adding over 600 collision repair facilities to its platform in 2024 year-to-date. CCC now has over 30,000 repair facilities on the CCC platform. CCC’s total customer count now exceeds 35,000, including over 5,500 parts suppliers, more than 300 insurers, and 13 of the top-15 automotive OEMs. By connecting these companies and digitizing processes across the ecosystem, CCC’s platform increases their ability to be productive, reduce leakage, and improve communication throughout the P&C insurance economy – which ultimately can result in claims being resolved faster.

• Certain existing shareholders recently completed two secondary offerings of the Company’s common stock. The first offering of 50,000,000 shares closed in May 2024. The second offering of 30,000,000 shares closed in July 2024. The Company did not receive any proceeds from the sale of shares by the existing stockholders in either offering. CCC’s publicly traded float1 ha

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2024 Financial Results

April 30, 2024 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2024.

“CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our guidance ranges. We believe our solid start to 2024 reflects our durable business model and ongoing innovation that is helping our clients rapidly transform their businesses,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“The CCC Intelligent Experience (IX) Cloud™ platform, powered by our new event-based architecture, is well-positioned to drive the next evolution of the P&C insurance economy,” continued Ramamurthy. “We are excited about the accelerated AI-enabled innovation the CCC IX Cloud will unlock for customers as well as CCC’s large and growing partner ecosystem.”

First Quarter 2024 Financial Highlights

Revenue

• Total revenue was $227.2 million for the first quarter of 2024, an increase of 11% from $204.9 million for the first quarter of 2023.

Profitability

• GAAP gross profit was $167.9 million, representing a gross margin of 74%, for the first quarter of 2024, compared with $147.8 million, representing a gross margin of 72%, for the first quarter of 2023. Adjusted gross profit was $177.0 million, representing an adjusted gross profit margin of 78%, for the first quarter of 2024, compared with $156.6 million, representing an adjusted gross profit margin of 76%, for the first quarter of 2023.

• GAAP operating income was $7.8 million for the first quarter of 2024, compared with GAAP operating income of $13.3 million for the first quarter of 2023. Adjusted operating income was $84.1 million for the first quarter of 2024, compared with adjusted operating income of $70.3 million for the first quarter of 2023.

• GAAP net loss was $0.6 million for the first quarter of 2024, compared with GAAP net income of $2.2 million for the first quarter of 2023. Adjusted net income was $54.8 million for the first quarter of 2024, compared with adjusted net income of $46.5 million for the first quarter of 2023.

• Adjusted EBITDA was $93.7 million for the first quarter of 2024, compared with adjusted EBITDA of $79.5 million for the first quarter of 2023. Adjusted EBITDA grew 18% in the first quarter of 2024 compared with the first quarter of 2023.

Liquidity

• CCC had $191.2 million in cash and cash equivalents and $782.0 million of total debt on March 31, 2024. The Company generated $55.2 million in cash from operating activities and had free cash flow of $39.6 million during the first quarter of 2024, compared with $33.1 million generated in cash from operating activities and $18.5 million in free cash flow in the first quarter of 2023.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

1st Quarter and Recent Business Highlights

• CCC announced its technology-backed vision to power the next evolution of the P&C insurance economy: the CCC Intelligent Experience (IX) Cloud™ platform. The CCC IX Cloud brings intelligent experiences to life through a new event-driven architecture that overlays onto CCC’s existing cloud applications, customer workflows, and customer and partner systems. Intelligent Experiences are those that work for everyone involved in a claim or repair - consumers, businesses, and their employees. Intelligent Experiences synthesize these different perspectives to help deliver the optimal outcome for everyone participating in a given interaction by orchestrating data, AI, and ecosystems at scale, shaping a world where Life Just Works for customers and the millions of their consumers involved in auto claims and repairs each year.

• With the introduction of CCC® Inbound Subrogation, CCC became the first in the industry to offer an end-to-end AI-enabled subrogation solution. Inbound subrogation, the process of evaluating and resolving claims demands initiated by third parties, is a crucial aspect of insurance operations. CCC Inbound Subrogation is part of CCC® Subrogation, a suite

of solutions that apply AI and workflow automation to both outbound and inbound subrogation. For inbound subrogation, the solution leverages AI and advanced technology to streamline the claims review process, improving cycle time and reducing manual intervention. For outbound subrogation, our solutions help improve outcomes by connecting to insur

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

February 28, 2024 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2023.

“CCC delivered another year of strong financial performance, with year-over-year revenue growth in 2023 of 11% and adjusted EBITDA margin of 41% – both above our guidance ranges. We believe our strong performance is the result of a growing interest in advanced digital solutions across the P&C insurance economy and the trust our customers place in us from years of delivering innovation and operational performance,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“In 2023, we made significant investments in the business to position CCC for continued growth, including expanding our multi-sided network as well as increasing our growth capacity and capabilities,” continued Ramamurthy. “While making these critical investments to support our customers, we also delivered significant year-over-year margin expansion."

Fourth Quarter 2023 Financial Highlights

Revenue

• Total revenue was $228.6 million for the fourth quarter of 2023, an increase of 12% from $204.1 million for the fourth quarter of 2022.

Profitability

• GAAP gross profit was $172.7 million, representing a gross margin of 76%, for the fourth quarter of 2023, compared with $145.5 million, representing a gross margin of 71%, for the fourth quarter of 2022. Adjusted gross profit was $181.5 million, representing an adjusted gross profit margin of 79%, for the fourth quarter of 2023, compared with $157.2 million, representing an adjusted gross profit margin of 77%, for the fourth quarter of 2022.

• GAAP operating income was $19.4 million for the fourth quarter of 2023, compared with GAAP operating income of $9.7 million for the fourth quarter of 2022. Adjusted operating income was $90.6 million for the fourth quarter of 2023, compared with adjusted operating income of $72.2 million for the fourth quarter of 2022.

• GAAP net income was $26.3 million for the fourth quarter of 2023, compared with GAAP net income of $1.1 million for the fourth quarter of 2022. Adjusted net income was $59.0 million for the fourth quarter of 2023, compared with adjusted net income of $44.0 million for the fourth quarter of 2022.

• Adjusted EBITDA was $100.1 million for the fourth quarter of 2023, compared with adjusted EBITDA of $80.1 million for the fourth quarter of 2022. Adjusted EBITDA grew 25% in the fourth quarter of 2023 compared with the fourth quarter of 2022.

Full Year 2023 Financial Highlights

Revenue

• Total revenue was $866.4 million for the full year of 2023, an increase of 11% from $782.4 million for the full year of 2022.

Profitability

• GAAP gross profit was $636.2 million, representing a gross margin of 73% for the full year of 2023, compared with $568.5 million, representing a gross margin of 73% for the full year of 2022. Adjusted gross profit was $672.2 million, representing an adjusted gross profit margin of 78% for the full year of 2023, compared with $604.8 million, representing an adjusted gross profit margin of 77% for the full year of 2022.

• GAAP operating loss was $23.9 million for the full year of 2023, compared with GAAP operating income of $51.9 million for the full year of 2022. Adjusted operating income was $315.4 million for the full year of 2023, compared with adjusted operating income of $276.7 million for the full year of 2022.

• GAAP net loss was $90.1 million for the full year of 2023, compared with GAAP net income of $38.4 million for the full year of 2022. Adjusted net income was $210.5 million for the full year of 2023, compared with adjusted net income of $176.4 million for the full year of 2022.

• Adjusted EBITDA was $353.4 million for the full year of 2023, compared with adjusted EBITDA of $305.4 million for the full year of 2022. Adjusted EBITDA grew 16% in the full year of 2023 compared with the full year of 2022.

Liquidity

Exhibit 99.1

• CCC had $195.6 million in cash and cash equivalents and $784.0 million of total debt on December 31, 2023. The Company generated $250.0 million in cash from operating activities and had free cash flow of $195.0 million during the full year of 2023, compared with $199.9 million generated in cash from operating activities and $152.0 million in free cash flow in the full year of 2022.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP finan

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2023 Financial Results

November 6, 2023 - CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2023.

“CCC delivered strong third quarter results, highlighted by 11% year-over-year revenue growth, 19% year-over-year adjusted EBITDA growth, and an adjusted EBITDA margin of 42%. Our solid performance reflects positive momentum across our business from continuing to deliver new, high-ROI solutions that improve the operating efficiency and consumer experience of our customers’ mission-critical workflows,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“Our goal at CCC is the digitization of the entire automobile accident supply chain – from first notice of loss through subrogation – by seamlessly integrating artificial intelligence, connected networks, and digital engagement,” continued Ramamurthy. “Our strong innovation velocity and balanced growth algorithm reinforce our confidence in our long-term growth outlook.”

Third Quarter 2023 Financial Highlights

Revenue

• Total revenue was $221.1 million for the third quarter of 2023, an increase of 11% from $198.7 million for the third quarter of 2022.

Profitability

• GAAP gross profit was $163.1 million, representing a gross margin of 74%, for the third quarter of 2023, compared with $145.6 million, representing a gross margin of 73%, for the third quarter of 2022. Adjusted gross profit was $172.1 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2023, compared with $154.1 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2022.

• GAAP operating income was $16.6 million for the third quarter of 2023, compared with GAAP operating income of $17.1 million for the third quarter of 2022. Adjusted operating income was $82.7 million for the third quarter of 2023, compared with adjusted operating income of $71.1 million for the third quarter of 2022.

• GAAP net loss was $21.2 million for the third quarter of 2023, compared with GAAP net income of $9.8 million for the third quarter of 2022. Adjusted net income was $57.2 million for the third quarter of 2023, compared with adjusted net income of $46.6 million for the third quarter of 2022.

• Adjusted EBITDA was $92.9 million for the third quarter of 2023, compared with adjusted EBITDA of $78.1 million for the third quarter of 2022. Adjusted EBITDA grew 19% in the third quarter of 2023 compared with the third quarter of 2022.

Liquidity

• CCC had $448.7 million in cash and cash equivalents and $786.0 million of total debt on September 30, 2023. The Company generated $60.5 million in cash from operating activities and had free cash flow of $46.4 million during the third quarter of 2023, compared with $30.8 million generated in cash from operating activities and $17.4 million in free cash flow in the third quarter of 2022.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

3rd Quarter and Recent Business Highlights

• CCC recently introduced Repair Cost Predictor and Mobile Jumpstart, AI-driven solutions that help address the tight labor challenges facing repair facilities in writing estimates for damaged vehicles. Repair Cost Predictor is a new AI-powered feature within Engage that allows consumers who are shopping for a repair to upload photos of their damaged vehicle and receive a predicted range for the cost of repair in seconds. The consumer can then book an appointment for an estimate or directly schedule a repair, giving repair facilities the capability to efficiently capture and convert digital leads, even after hours. The photos and predictions are seamlessly integrated into CCC ONE®, further enhancing the repair facilities’ ability to service their customers. Mobile Jumpstart is a new feature within our CCC ONE® Estimating-IQ solution that helps estimators significantly reduce the time it takes to prepare estimates by leveraging their mobile phones. In early usage, Mobile Jumpstart is reducing the average time to complete an initial estimate from about half an hour to a few minutes or less.

• CCC recently took two steps to help collision repair facilities improve their digital engagement with consumers. The first was the integration of CCC® Engage into Google Business Profiles, Search, and Maps to facilitate direct consumer scheduling of repair appointments with collision repairers. The seco

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EX-99.1

Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces Second Quarter 2023 Financial Results

August 1, 2023 - CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2023.

“CCC delivered strong second quarter results, highlighted by 10% year-over-year revenue growth and 38% adjusted EBITDA margin. The strong performance in the first half of 2023 included multiple large renewals and relationship expansions that reinforce our confidence in our ability to deliver on our strategic and financial objectives,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“We estimate that as a result of the continued macro pressures facing our customers, the cumulative annual cycle time for automotive claims in the U.S. increased to more than 2 billion days in 2022,” continued Ramamurthy. “This staggering figure underscores the importance of delivering effective and integrated state-of-the-art capabilities to help our clients in the P&C insurance economy address operational efficiency. Our solutions and use of AI are helping to do just that by helping customers to reduce the cycle time, administrative cost, and environmental impact of the claims process.”

Second Quarter 2023 Financial Highlights

Revenue

• Total revenue was $211.7 million for the second quarter of 2023, an increase of 10% from $192.8 million for the second quarter of 2022.

Profitability

• GAAP gross profit was $152.6 million, representing a gross margin of 72%, for the second quarter of 2023, compared with $139.9 million, representing a gross margin of 73%, for the second quarter of 2022. Adjusted gross profit was $162.0 million, representing an adjusted gross profit margin of 77%, for the second quarter of 2023, compared with $148.4 million, representing an adjusted gross profit margin of 77%, for the second quarter of 2022.

• GAAP operating loss was $73.2 million for the second quarter of 2023, compared with GAAP operating income of $12.5 million for the second quarter of 2022. Adjusted operating income was $71.8 million for the second quarter of 2023, compared with adjusted operating income of $66.7 million for the second quarter of 2022.

• GAAP net loss was $97.3 million for the second quarter of 2023, compared with GAAP net income of $15.6 million for the second quarter of 2022. Adjusted net income was $47.8 million for the second quarter of 2023, compared with adjusted net income of $37.4 million for the second quarter of 2022.

• Adjusted EBITDA was $80.9 million for the second quarter of 2023, compared with adjusted EBITDA of $73.4 million for the second quarter of 2022. Adjusted EBITDA grew 10% in the second quarter of 2023 compared with the second quarter of 2022.

Liquidity

• CCC had $403.6 million in cash and cash equivalents and $788.0 million of total debt on June 30, 2023. The Company generated $69.6 million in cash from operating activities and had free cash flow of $55.0 million during the second quarter of 2023, compared with $40.8 million generated in cash from operating activities and $29.6 million in free cash flow in the second quarter of 2022.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

2nd Quarter and Recent Business Highlights

• A top-20 auto insurer and long-time customer of CCC’s Casualty solutions added CCC’s full suite of Automobile Physical Damage (“APD”) solutions in the second quarter of 2023, including CCC® Estimate-STP. The client will be transitioning services from multiple vendors onto CCC’s platform and reflects the significant opportunity and numerous ways available to CCC to expand its solutions with the U.S.’s largest insurers.

• CCC is a leader in the Casualty solutions market and recently rolled out a new computer vision AI technology for Casualty claims that can predict potential physical injuries to the occupants of a vehicle involved in an accident based on photos of the damaged vehicles. In the second quarter of 2023, CCC added and expanded Casualty relationships with new and existing customers.

• CCC continued to grow the breadth and depth of its network during the second quarter of 2023 by expanding the participation of 2 leading OEMs and signing a multi-year extension with one of the leading aftermarket parts suppliers. In addition, CCC has added nearly 1,000 repair facilities year to date. CCC’s total customer count now exceeds 35,000 and includes over 29,000 repair facilities, over 4,500 parts suppliers, more than 300 insurers,

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CCC Intelligent Solutions Holdings Inc. Announces First Quarter 2023 Financial Results

May 2, 2023 - CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2023.

“CCC delivered strong first quarter results, highlighted by 10% year-over-year revenue growth and 39% adjusted EBITDA margin. We believe our solid start to 2023 reflects our durable business model, ongoing innovation, and continued adoption of CCC solutions that help our clients address a growing number of the business challenges facing the P&C insurance economy,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“We believe there is a great opportunity to use our industry-leading platform, focus on innovation, and multi-sided network to develop and implement new digital solutions for our clients,” continued Ramamurthy. “We remain confident in our ability to deliver on our strategic and financial objectives while helping our customers and investing in future solutions.”

First Quarter 2023 Financial Highlights

Revenue

• Total revenue was $204.9 million for the first quarter of 2023, compared to $186.8 million for the first quarter of 2022.

Profitability

• GAAP gross profit was $147.8 million, representing a gross margin of 72%, for the first quarter of 2023, compared with $137.4 million, representing a gross margin of 74%, for the first quarter of 2022. Adjusted gross profit was $156.6 million, representing an adjusted gross margin of 76%, for the first quarter of 2023, compared with $145.1 million, representing an adjusted gross margin of 78%, for the first quarter of 2022.

• GAAP operating income was $13.3 million for the first quarter of 2023, compared with GAAP operating income of $12.7 million for the first quarter of 2022. Adjusted operating income was $70.3 million for the first quarter of 2023, compared with adjusted operating income of $66.8 million for the first quarter of 2022.

• GAAP net income was $2.2 million for the first quarter of 2023, compared with GAAP net income of $12.0 million for the first quarter of 2022. Adjusted net income was $46.5 million for the first quarter of 2023, compared with $48.9 million for the first quarter of 2022.

• Adjusted EBITDA was $79.5 million for the first quarter of 2023, compared with adjusted EBITDA of $73.7 million for the first quarter of 2022. Adjusted EBITDA grew 8% in the first quarter of 2023 compared with the first quarter of 2022.

Liquidity

• CCC had $338.4 million in cash and cash equivalents and $790.0 million of total debt on March 31, 2023. The Company generated $33.1 million in cash from operating activities and had free cash flow of $18.5 million during the first quarter of 2023, compared with $46.9 million generated in cash from operating activities and $32.6 million in free cash flow in the first quarter of 2022.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

1st Quarter and Recent Business Highlights

• The total number of claims processed through CCC® Estimate-STP continues to increase. Estimate-STP is CCC’s AI-based system that can pre-populate a complete repair estimate on a qualified claim in seconds. In March of 2023, the annualized run rate value of auto claims processed through Estimate-STP was over $1 billion, which is more than 10 times CCC’s run rate value in March of 2022. With the current run rate value still representing less than 1% of CCC’s current annual Automobile Physical Damage claim volume, the growth potential of this product remains very strong.

• The growing adoption of CCC® Diagnostics is helping to improve consistency and transparency around the administration, reporting, and verification of diagnostic services between repairers and insurers. As a result, CCC is experiencing growth in both its network of repair facilities using the solution and the volume of scanned vehicles being verified. In the first quarter of 2023, about 3,800 repair facilities ran a scan through one of CCC’s diagnostic services partners. This was more than twice the number of repair facilities running scans in the first quarter of 2022. Additionally in the first quarter of 2023, over 500,000 scanned vehicles were verified via the CCC network – more than double the volume being scanned in the first quarter of 2022.

• In March, the Business Intelligence Group awarded CCC two 2023 Artificial Intelligence Excellence Awards. The 2023 Artificial Intelligence Excellence Awards recognize organizations, products, and peo

8-K/A

0001818201true00018182012023-03-012023-03-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 01, 2023

CCC Intelligent Solutions Holdings Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-39447

98-1546280

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

167 N. Green Street, 9th Floor

Chicago, Illinois

60607

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (800) 621-8070

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

CCCS

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On March 1, 2023, CCC Intelligent Solutions Holdings Inc. (the “Company”) issued a press release (the “Earnings Release”) announcing the financial results of the Company for the quarter and year ended December 31, 2022.

Subsequent to the issuance of the Earnings Release and the filing of its Annual Report on Form 10-K, the Company discovered that in calculating Adjusted Operating Expenses for the three months and year ended December 31, 2022 it had inadvertently included a $3.248 million adjustment for contract termination expenses. The error resulted in Adjusted Operating Expenses being understated by the same amount for the three-months and year ended December 31, 2022.

As corrected, Adjusted Operating Expenses was as follows:

(dollar amounts in thousands)

Three months ended December 31, 2022

Year ended December 31, 2021

Adjusted Operating Expenses as reported

$

81,812

$

324,792

Correction for contract termination costs

3,248

3,248

Corrected Adjusted Operating Expenses

$

85,060

$

328,040

The correction described above did not impact the consolidated financial statements and footnotes to the consolidated financial statements of the Company that were prepared in conformity with generally accepted accounting principles in the U.S. (“GAAP”) and included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022.

Adjusted Operating Expenses as used in the Earnings Release, within Item 7 of the Annual Report on Form 10-K, and in this Current Report is a financial measure not presented in accordance with GAAP. This non-GAAP financial measure is not a measure of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing the Company’s financial results. Therefore, this measure should not be considered in isolation or as an alternative to other measures of profitability, liquidity or performance under GAAP. You should be aware that the Company’s calculation of these non-GAAP measures may not be comparable to similarly-titled measures used by other companies.

The information furnished pursuant to this Item 2.02 of this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

Item 7.01 Regulation FD Disclosure.

On March 3, 2023, the Company published an investor presentation on its website, https://ir.cccis.com under the “Presentations” section.

The information furnished herewith pursuant to Item 7.01 of this Current Report is bei

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CCC Intelligent Solutions Holdings Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

March 1, 2023 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NASDAQ: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months and year ended December 31, 2022.

“CCC delivered another year of strong financial performance, with 2022 revenue growth of 14% and adjusted EBITDA margin of 39%, with revenue and adjusted EBITDA above our guidance ranges. We believe our solid performance reflects the durability of our business as we continue to deliver innovation and operational efficiency for our customers,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“Our customers are adopting advanced digital capabilities as a primary mechanism to improve the consumer claims experience while simultaneously dealing with a challenging operating environment characterized by labor shortages, inflation, cycle time increases, and greater vehicle complexity,” continued Ramamurthy. “These solutions increasingly leverage CCC’s AI capabilities and interconnected network to deliver process improvements and more holistic consumer experiences. We deeply appreciate the trust our customers are placing in us when they adopt more CCC solutions.”

Fourth Quarter 2022 Financial Highlights

Revenue

• Total revenue was $204.1 million for the fourth quarter of 2022, compared to $187.1 million for the fourth quarter of 2021.

Profitability

• GAAP gross profit was $145.5 million, representing a gross margin of 71%, for the fourth quarter of 2022, compared with $139.4 million, representing a gross margin of 75%, for the fourth quarter of 2021. Adjusted gross profit was $157.2 million, representing an adjusted gross margin of 77%, for the fourth quarter of 2022, compared with $147.0 million, representing an adjusted gross margin of 79%, for the fourth quarter of 2021.

• GAAP operating income was $9.7 million for the fourth quarter of 2022, compared with GAAP operating income of $15.3 million for the fourth quarter of 2021. Adjusted operating income was $72.2 million for the fourth quarter of 2022, compared with adjusted operating income of $69.3 million for the fourth quarter of 2021.

• GAAP net income was $1.1 million for the fourth quarter of 2022, compared with GAAP net loss of $57.9 million for the fourth quarter of 2021. Adjusted net income was $44.0 million for the fourth quarter of 2022, compared with $49.2 million for the fourth quarter of 2021.

• Adjusted EBITDA was $80.1 million for the fourth quarter of 2022, compared with adjusted EBITDA of $75.7 million for the fourth quarter of 2021. Adjusted EBITDA grew 6% in the fourth quarter of 2022 as compared to the fourth quarter of 2021.

Full Year 2022 Financial Highlights

Revenue

• Total revenue was $782.4 million for the full year 2022, an increase of 14% from $688.3 million for the full year 2021.

Profitability

• GAAP gross profit was $568.5 million, representing a gross margin of 73%, for the full year 2022, compared with $492.6 million, representing a gross margin of 72%, for the full year 2021. Adjusted gross profit was $604.8 million, representing an adjusted gross margin of 77%, for the full year 2022, compared with $533.5 million, representing an adjusted gross margin of 78%, for the full year 2021.

• GAAP operating income was $51.9 million for the full year 2022, compared with GAAP operating loss of $144.7 million for the full year 2021. Adjusted operating income was $276.7 million for the full year 2022, compared with adjusted operating income of $236.8 million for the full year 2021.

• GAAP net income was $38.4 million for the full year 2022, compared with GAAP net loss of $248.9 million for the full year 2021. Adjusted net income was $176.4 million for the full year 2022, compared with $130.3 million for the full year 2021.

• Adjusted EBITDA was $305.4 million for the full year 2022, compared with adjusted EBITDA of $261.4 million for the full year 2021. Adjusted EBITDA grew 17% in the full year 2022 as compared to the full year 2021.

Liquidity

• CCC had $323.8 million in cash and cash equivalents and $792.0 million of total debt at December 31, 2022. The Company generated $199.9 million in cash from operating activities and had free cash flow of $152.0 million during the

full year 2022, compared with $127.3 million generated in cash from operating activities and $89.0 million in free cash flow in the full year 2021.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

4th Quarter an

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CCC Intelligent Solutions Holdings Inc. Announces Third Quarter Fiscal Year 2022 Financial Results and Raises 2022 Guidance

11/04/2022

CHICAGO – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NYSE: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2022, and raised revenue and adjusted EBITDA guidance for fiscal year 2022.

“CCC delivered strong third quarter results, highlighted by 13% revenue growth and 39% adjusted EBITDA margin. Our solid performance is a byproduct of CCC’s unique platform that combines an efficient technology framework, close customer relationships, and a multi-sided network benefitting all parties,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“Our efficient financial model enables continuous investment in innovation and we have a long history of developing solutions to solve problems for our customers. As a result, we are well-positioned to provide our customers with digital solutions that help address the macro environment and support our clients in their digital transformation,” continued Ramamurthy.

Third Quarter 2022 Financial Highlights

Revenue

• Total revenue was $198.7 million for the third quarter of 2022, an increase of 13% from $176.6 million for the third quarter of 2021.

Profitability

• GAAP gross profit was $145.6 million, representing a gross profit margin of 73%, for the third quarter of 2022, compared with $118.8 million, representing a gross profit margin of 67%, for the third quarter of 2021. Adjusted gross profit was $154.1 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2022, compared with $138.4 million, representing an adjusted gross profit margin of 78%, for the third quarter of 2021.

• GAAP operating income was $17.1 million for the third quarter of 2022, compared with GAAP operating loss of $189.2 million for the third quarter of 2021. Adjusted operating income was $71.1 million for the third quarter of 2022, compared with adjusted operating income of $62.5 million for the third quarter of 2021.

• GAAP net income was $9.8 million for the third quarter of 2022, compared with GAAP net loss of $189.8 million for the third quarter of 2021. Adjusted net income was $46.6 million for the third quarter of 2022, compared with $29.7 million for the third quarter of 2021.

• Adjusted EBITDA was $78.1 million for the third quarter of 2022, compared with adjusted EBITDA of $70.1 million for the third quarter of 2021. Adjusted EBITDA grew 11% in the third quarter of 2022 as compared to the third quarter of 2021.

Liquidity

• CCC had $248.2 million in cash and cash equivalents and $794.0 million of total debt on September 30, 2022. The Company generated cash from operating activities of $30.8 million in the third quarter of 2022, compared with $36.9 million in the third quarter of 2021. The Company generated free cash flow of $17.4 million in the third quarter of 2022, compared with $25.0 million in the third quarter of 2021.

The information presented above includes non-GAAP financial measures such as “adjusted gross profit,” “adjusted gross profit margin,” “adjusted operating income,” “adjusted net income,” “adjusted EBITDA,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

3rd Quarter and Recent Business Highlights

• Increased to 14 the total number of insurance carriers using CCC® Estimate - STP, the first touchless line-level estimating experience in the industry that uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. These 14 carriers include 7 of the top-10 auto insurers in the U.S. by direct written premium and represent over 50% of U.S. auto insurance claim volume.

• Over the past few years, CCC has built a robust network of leading providers of diagnostic services, including asTech, AirPro, Opus, and Honda. Last week CCC launched a new optional add-on package to CCC® Diagnostics that simplifies the administration of diagnostics, creating more consistency in reporting, improving verification of scans, and increasing transparency between repairers and insurers. CCC Diagnostics enables repairers to send the results and invoices of

completed scans for a particular claim to the relevant insurer directly through CCC ONE®, the leading collision repair platform used by 27,500 repair facilities nationwide.

• Renewed a top-20 national insurer. This insurer extended their contract with CCC through 2029 (a 7-year extension) and also expanded their relationship to include multiple new solutions. This commitment underscores CCC’s continued role as our customers’ long-term partner of choice for innovation and business transformation.

• C

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CCC Intelligent Solutions Holdings Inc. Announces Second Quarter Fiscal Year 2022 Financial Results and Raises 2022 Guidance

08/04/2022

CHICAGO – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NYSE: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2022, and raised revenue and adjusted EBITDA guidance for fiscal year 2022.

“CCC delivered strong second quarter results, highlighted by 16% revenue growth and 22% adjusted EBITDA growth. Our performance reflects the durability of CCC’s business model and end markets as we help our customers become more operationally efficient through our AI-based solutions and connected network,” said Githesh Ramamurthy, Chairman & CEO of CCC.

“The growing momentum of CCC® Estimate – STP with insurance carriers and the increased use of our diagnostics-related capabilities by repair shops are just two examples of how our continued focus on innovation is helping our clients address the macro headwinds of inflation, supply chain issues, labor shortages, and vehicle complexity,” continued Ramamurthy.

Second Quarter 2022 Financial Highlights

Revenue

• Total revenue was $192.8 million for the second quarter of 2022, an increase of 16% from $166.8 million for the second quarter of 2021.

Profitability

• GAAP gross profit was $139.9 million, representing a gross profit margin of 73%, for the second quarter of 2022, compared with $121.3 million, representing a gross profit margin of 73%, for the second quarter of 2021. Adjusted gross profit was $148.4 million, representing an adjusted gross profit margin of 77%, for the second quarter of 2022, compared with $128.0 million, representing an adjusted gross profit margin of 77%, for the second quarter of 2021.

• GAAP operating income was $12.5 million for the second quarter of 2022, compared with GAAP operating income of $22.0 million for the second quarter of 2021. Adjusted operating income was $66.7 million for the second quarter of 2022, compared with adjusted operating income of $54.8 million for the second quarter of 2021.

• GAAP net income was $15.6 million for the second quarter of 2022, compared with GAAP net income of $3.8 million for the second quarter of 2021. Adjusted net income was $37.4 million for the second quarter of 2022, compared with $26.3 million for the second quarter of 2021.

• Adjusted EBITDA was $73.4 million for the second quarter of 2022, compared with adjusted EBITDA of $60.1 million for the second quarter of 2021. Adjusted EBITDA grew 22% in the second quarter of 2022 as compared to the second quarter of 2021.

Liquidity

• CCC had $227.6 million in cash and cash equivalents and $796.0 million of total debt on June 30, 2022. The Company generated cash from operating activities of $40.8 million in the second quarter of 2022, compared with $21.6 million in the second quarter of 2021. The Company generated free cash flow of $29.6 million in the second quarter of 2022, compared with $13.1 million in the second quarter of 2021.

The information presented above includes non-GAAP financial measures such as “adjusted gross profit,” “adjusted gross profit margin,” “adjusted operating income,” “adjusted net income,” “adjusted EBITDA,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

2nd Quarter and Recent Business Highlights

• Increased to 11 the total number of insurance carriers using CCC® Estimate - STP, the first touchless line-level estimating experience in the industry that uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds. These 11 carriers include the majority of the top-10 auto insurers in the US by direct written premium and therefore represent a sizeable portion of US auto insurance claim volume. Notably, these 11 carriers made their decisions within 8 months of our initial customer win in November 2021 and are at various stages of rollout.

• Announced that AirPro Diagnostics, a leading service provider of remote scanning, diagnostics, programming and ADAS calibration solutions to the auto body collision industry, has become part of the CCC® Diagnostics network. CCC®

Diagnostics simplifies the process of importing the diagnostic report and provider invoice directly into CCC ONE® as part of the repair shop’s workflow. AirPro Diagnostics joins Opus, asTech, and Honda in integrating their diagnostics solutions directly into CCC ONE®, the leading collision repair platform used by 27,500 repair facilities nationwide.

• In May 2022, CCC resumed its annual in-person customer conference spanning insurers, repair facilities, OEMs, parts suppliers, and more. Over 300 clients attended this 4-day event in Colorado Springs. The ev

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Exhibit 99.1

CCC Intelligent Solutions Holdings Inc. Announces First Quarter Fiscal Year 2022 Financial Results

May 5, 2022 – CCC Intelligent Solutions Holdings Inc. (“CCC” or the “Company”) (NYSE: CCCS), a leading SaaS platform for the P&C insurance economy, today announced its financial results for the three months ended March 31, 2022.

“CCC delivered strong first quarter results, highlighted by 18% revenue growth and 33% adjusted EBITDA growth. Our results demonstrate our ability to solve the most pressing operational problems facing our customers’ businesses.” said Githesh Ramamurthy, Chairman & CEO of CCC.

“The P&C insurance industry is still in the early stages of digitization,” continued Ramamurthy. “Our significant and ongoing investment in innovation positions CCC to continue to drive durable growth in the near and long-term.”

First Quarter 2022 Financial Highlights

Revenue

• Total revenue was $186.8 million for the first quarter of 2022, an increase of 18% from $157.8 million for the first quarter of 2021.

Profitability

• GAAP gross profit was $137.4 million, representing a gross profit margin of 74%, for the first quarter of 2022, compared with $113.2 million, representing a gross profit margin of 72%, for the first quarter of 2021. Adjusted gross profit was $145.1 million, representing an adjusted gross profit margin of 78%, for the first quarter of 2022, compared with $120.0 million, representing an adjusted gross profit margin of 76%, for the first quarter of 2021.

• GAAP operating income was $12.7 million for the first quarter of 2022, compared with GAAP operating income of $7.2 million for the first quarter of 2021. Adjusted operating income was $66.8 million for the first quarter of 2022, compared with adjusted operating income of $50.2 million for the first quarter of 2021.

• GAAP net income was $12.0 million for the first quarter of 2022, compared with GAAP net loss of $5.1 million for the first quarter of 2021. Adjusted net income was $48.9 million for the first quarter of 2022, compared with $25.0 million for the first quarter of 2021.

• Adjusted EBITDA was $73.7 million for the first quarter of 2022, compared with adjusted EBITDA of $55.4 million for the first quarter of 2021. Adjusted EBITDA grew 33% in the first quarter of 2022 as compared to the first quarter of 2021.

Liquidity

• CCC had $195.5 million in cash and cash equivalents and $798.0 million of total debt at March 31, 2022. The Company generated $46.9 million in cash from operating activities and had free cash flow of $32.6 million during the first quarter of 2022, compared with $38.2 million generated in cash from operating activities and $33.5 million in free cash flow in the first quarter of 2021.

The information presented above includes non-GAAP financial measures such as “adjusted EBITDA,” “adjusted net income,” “adjusted operating income,” “adjusted gross profit,” “adjusted gross profit margin,” and “free cash flow.” Refer to “Non-GAAP Financial Measures” for a discussion of these measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure.

1st Quarter and Recent Business Highlights

• We continued to see strong momentum across our customer groups in the P&C insurance ecosystem. With our insurance clients, we are seeing good adoption by insurers of our total loss care portfolio, where we now have 21 carriers either onboarded or in pilot. We also added two new carriers to our casualty platform in the quarter. Within the repair facilities, we are seeing strong growth in repair facility locations, which now exceed 27,000, as well as higher solution adoption per location driven by a 21% increase in the number of facilities adopting four or more solutions from CCC compared to 2020.

• As part of our commitment to making it easier for clients to achieve quality repairs and operate at the pace of innovation, we recently leveraged the open ecosystem of the CCC Cloud to further expand the CCC® Diagnostics network with the

addition of asTech®, a Repairify company and a global leader in diagnostic, calibration, and programming solutions. The integration makes it easier for repair facilities to capture and document scan information in CCC ONE® workfiles. Digitally integrated systems make it easier for repairers to access, capture, and document information needed to achieve complete repairs. CCC® Diagnostics has now been rolled out to over 10% of our repair facility clients.

• Certain existing shareholders completed a secondary stock offering of 20,000,000 shares of the Company’s common stock at a price to the public of $9.70 per share. The Company did not receive any of the proceeds from the sale of shares by the existing stockholders.

Business Outlook

Based on information as of today, May 5, 2022, the Company is issuing the following financial guidance:

Second Quarter Fiscal 2022

Full Year Fiscal 2022

Re