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• Total Revenue: $251.6 million, up 10.7% year over year.

• Adjusted EBITDA: $99 million, with a margin of 39%.

• Gross Profit Margin: 77%, slightly down from 78% in Q1 2024.

• Free Cash Flow: $44 million, up 10% year over year.

• Cash and Cash Equivalents: $130 million at the end of the quarter.

• Net Leverage: 2.2 times adjusted EBITDA.

• Software Gross Dollar Retention (GDR): 99%.

• Software Net Dollar Retention (NDR): $107 million.

• Share Repurchase: 7 million shares for $72 million.

• Q2 2025 Revenue Guidance: $255.5 million to $257.5 million, 10% to 11% growth year over year.

• Full-Year 2025 Revenue Guidance: $1.046 billion to $1.056 billion, 11% growth at the midpoint.

• Full-Year 2025 Adjusted EBITDA Guidance: $420 million to $428 million, 40% margin at the midpoint.

• Warning! GuruFocus has detected 4 Warning Signs with DOCN.

Release Date: May 06, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

• CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) reported strong financial results for Q1 2025, with total revenue reaching $252 million, marking an 11% year-over-year growth.

• The company achieved an adjusted EBITDA of $99 million, surpassing guidance, with an adjusted EBITDA margin of 39%.

• CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) crossed the $1 billion revenue run rate threshold for the first time, indicating robust business growth.

• The company continues to see strong demand for its emerging solutions, which contributed to 2% of revenue growth, driven by diagnostics, build sheets, and estimate STP.

• CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) successfully renewed and expanded contracts with key clients, including Caliber Collision and a major OEM, demonstrating its strategic role in the auto insurance economy.

Negative Points

• The company is facing headwinds from declining auto physical damage (APD) claims, which were down 9% year-over-year in Q1 2025, impacting revenue.

• CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) modestly reduced its full-year 2025 revenue guidance due to uncertainties in the macroeconomic environment affecting claim volumes and client buying behavior.

• The company noted that consumer economic sensitivity is leading to increased self-pay repairs, with consumer self-pay rising to about 25%, up from 11-12% three years ago.

• Stock-based compensation was high, accounting for 24% of revenue in Q1, with expectations to moderate to the low teens by the end of the year.

• The macroeconomic environment may lead to longer sales and implementation cycles, potentially impacting the velocity of new business for the remainder of 2025.