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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Statement of Comprehensive Income        
REVENUES $ 260,451 $ 232,618 $ 512,016 $ 459,855
COST OF REVENUES        
Cost of revenues, exclusive of amortization of acquired technologies 62,067 53,231 124,271 106,038
Amortization of acquired technologies 4,368 2,090 8,737 8,657
Total cost of revenues 66,435 55,321 133,008 114,695
GROSS PROFIT 194,016 177,297 379,008 345,160
OPERATING EXPENSES:        
Research and development 59,929 49,253 121,692 98,730
Selling and marketing 43,475 36,321 91,772 71,907
General and administrative 47,630 51,268 114,748 108,329
Amortization of intangible assets 18,512 17,942 37,024 35,884
Total operating expenses 169,546 154,784 365,236 314,850
OPERATING INCOME 24,470 22,513 13,772 30,310
INTEREST EXPENSE (17,836) (16,602) (34,763) (33,054)
INTEREST INCOME 1,220 2,625 3,168 5,092
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES 0 15,963 0 14,378
OTHER (EXPENSE) INCOME - NET (2,057) 1,253 (7,154) 4,191
PRETAX INCOME (LOSS) 5,797 25,752 (24,977) 20,917
INCOME TAX BENEFIT (PROVISION) 7,163 (4,307) 20,516 (69)
NET INCOME (LOSS) INCLUDING NON-CONTROLLING INTEREST 12,960 21,445 (4,461) 20,848
LESS: ACCRETION OF REDEEMABLE NON-CONTROLLING INTEREST 0 (1,221) (1,276) (2,363)
NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS $ 12,960 $ 20,224 $ (5,737) $ 18,485
Net income (loss) per share attributable to common stockholders:        
Basic $ 0.02 $ 0.03 $ (0.01) $ 0.03
Diluted $ 0.02 $ 0.03 $ (0.01) $ 0.03
Weighted-average shares used in computing net income (loss) per share atttributable to common stockholders:        
Basic 637,578,033 609,997,114 637,207,185 604,138,246
Diluted 660,622,703 638,367,745 637,207,185 636,990,633
COMPREHENSIVE INCOME (LOSS):        
Net income (loss) including non-controlling interest $ 12,960 $ 21,445 $ (4,461) $ 20,848
Other comprehensive (loss) income - Foreign currency translation adjustment 53 (16) 38 (91)
COMPREHENSIVE INCOME (LOSS) INCLUDING NON-CONTROLLING INTEREST 13,013 21,429 (4,423) 20,757
Less: accretion of redeemable non-controlling interest 0 (1,221) (1,276) (2,363)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. COMMON STOCKHOLDERS $ 13,013 $ 20,208 $ (5,699) $ 18,394