CCC Intelligent Solutions | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 587.3 M

Revenue: As of FY2026 Q2, the actual value is USD 587.3 M, beating the estimate of USD 284.08 M.

EPS: As of FY2026 Q2, the actual value is USD -0.42.

EBIT: As of FY2026 Q2, the actual value is USD -200.2 M.

Q2 & H1 2026 Financial Results

Revenue

• Q2 2026 Revenue was $587 million, a change of -$34 million from Q2 2025.
• H1 2026 Revenue was $1,173 million, a change of -$42 million from H1 2025.
• The change in revenue was primarily due to inorganic disposals.

Operating Expenses

• Q2 2026 Operating Expenses were $787 million, an increase of $173 million from Q2 2025.
• H1 2026 Operating Expenses were $1,343 million, an increase of $114 million from H1 2025.

Income / (Loss) from Operations

• Q2 2026 Income / (Loss) from Operations was -$200 million, a change of -$207 million from Q2 2025.
• H1 2026 Income / (Loss) from Operations was -$170 million, a change of -$156 million from H1 2025.

Net Income / (Loss)

• Q2 2026 Net Income / (Loss) was -$269 million, a change of -$197 million from Q2 2025.
• H1 2026 Net Income / (Loss) was -$309 million, a change of -$133 million from H1 2025.
• The loss and change over the prior year were entirely due to a non-cash goodwill impairment charge associated with the Life Sciences & Healthcare (LS&H) divestiture.

Adjusted EBITDA

• Q2 2026 Adjusted EBITDA was $247 million, a change of -$14 million from Q2 2025.
• H1 2026 Adjusted EBITDA was $488 million, a change of -$6 million from H1 2025.

Adjusted EBITDA Margin

• Q2 2026 Adjusted EBITDA Margin was 42.1%, which was flat compared to Q2 2025.
• H1 2026 Adjusted EBITDA Margin was 41.6%, an increase of 90 bps from H1 2025.

Operating Cash Flow

• Q2 2026 Operating Cash Flow was $99 million, a change of -$17 million from Q2 2025.
• H1 2026 Operating Cash Flow was $233 million, a change of -$54 million from H1 2025.
• The change was primarily due to lower Adjusted EBITDA, with lower interest offset by higher working capital requirements.

Capital Spending

• Q2 2026 Capital Spending was -$55 million, a change of $11 million from Q2 2025.
• H1 2026 Capital Spending was -$111 million, a change of $16 million from H1 2025.

Free Cash Flow

• Q2 2026 Free Cash Flow was $44 million, a change of -$6 million from Q2 2025.
• H1 2026 Free Cash Flow was $123 million, a change of -$38 million from H1 2025.
• The change from the prior year was driven entirely by working capital, largely due to the timing of collections and disbursements, as well as higher incentive compensation payout.

Debt Repayment

• Q2 2026 Debt Repayment was -$72 million.
• H1 2026 Debt Repayment was -$211 million.
• CCC Intelligent Solutions Holdings Inc. repurchased $75 million face value of 2028 bonds in the open market at a discount of approximately 3%.
• Total H1 debt reduction was $218 million.

Other Operational Metrics

• Q2 2026 ACV Organic Growth was 1.5%, an increase of 20 bps year-over-year.
• H1 2026 Subscription Organic Growth was 1.2%, an increase of 60 bps year-over-year.
• H1 2026 Recurring Organic Growth was 0.7%.

FY 2026 Guidance and Outlook

CCC Intelligent Solutions Holdings Inc. reaffirmed its FY 2026 guidance, assuming the LS&H divestiture closes by year-end. ACV Organic Growth is expected to be in the lower half of the 2-3% range, and revenues including discontinued operations are projected to be approximately $2,350 million, with a decline due to strategic disposals. Free Cash Flow is anticipated to be at the low end of the $365 million to $435 million range, impacted by one-time costs for the LS&H transaction and cost savings initiatives.