Strong Revenue Growth
Total revenue for Q2 2025 was $260 million, marking a 12% year-over-year increase, exceeding the company's guidance range.
Increased Adoption of AI Solutions
Several top insurers contracted for AI-enabled auto fiscal damage solutions, streamlining processes and improving efficiency, indicating strong market momentum.
High Adjusted EBITDA Margin
Adjusted EBITDA was $108 million with a margin of 42%, surpassing the guidance range.
Positive Growth in Emerging Solutions
Emerging solutions contributed 2 percentage points to growth, with strong interest in AI-based subrogation and casualty solutions.
Successful Share Repurchase
CCC repurchased 11 million shares for $100 million in Q2, under a $300 million share repurchase program.