CCC Q2 2024 Earnings — CCC Intelligent Solutions Holdings Inc. Revenue & Financial Results | Market Cap Arena

CCCCCC Intelligent Solutions Holdings Inc.

$4B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$233M+9.9% YoY

Gross Profit

$177M76.2% margin

Operating Income

$23M9.7% margin

Net Income

$20M8.7% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$36M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.2B

Stockholders' Equity

$1.9B

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$212M	+9.9%
Gross Profit	$177M	$153M	+16.2%
Operating Income	$23M	-$73M	+130.8%
Net Income	$20M	-$98M	+120.7%

Revenue Segments

Software Subscriptions

$223M96%

Other Services

$10M4%

Geographic Segments

Americas

$231M99%

CHINA

$2M1%