CCC Intelligent Solutions Holdings Inc. Earnings Per Share Disclosure
27. NET INCOME (LOSS) PER SHARE
The Company calculates basic earnings per share by dividing the net income (loss) attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. The diluted earnings per share is computed by assuming the exercise, settlement and vesting of all potential dilutive common stock equivalents outstanding for the period using the treasury stock method. The Company excludes common stock equivalent shares from the calculation if their effect is anti-dilutive. In a period where the Company is in a net loss position, the diluted loss per share is calculated using the basic share count.
As part of the Business Combination, 8,625,000 shares issued and held by Dragoneer (the "Sponsor Vesting Shares") became non-transferable and subject to forfeiture on the tenth anniversary of the closing of the Business Combination if neither of the defined triggering events has
occurred. The Sponsor Vesting Shares are issued and outstanding at December 31, 2025, 2024 and 2023 and are excluded from the weighted average number of shares of common stock outstanding until the vesting requirement is met and the restriction is removed.
The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings per share of common stock (in thousands, except for share and per share data).
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Year Ended December 31, |
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2025 |
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2024 |
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2023 |
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Numerator |
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Net income (loss) |
|
$ |
1,688 |
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|
$ |
31,240 |
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|
$ |
(90,071 |
) |
Accretion of redeemable non-controlling interest |
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|
(1,276 |
) |
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|
(5,095 |
) |
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|
(2,405 |
) |
Net income (loss) attributable to common stockholders |
|
$ |
412 |
|
|
$ |
26,145 |
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|
$ |
(92,476 |
) |
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Denominator |
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Weighted average shares of common stock—basic |
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|
629,960,378 |
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|
610,761,424 |
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|
617,889,384 |
|
Dilutive effect of stock-based awards |
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|
29,624,997 |
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|
31,114,101 |
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|
— |
|
Weighted average shares of common stock—diluted |
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|
659,585,375 |
|
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|
641,875,525 |
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|
617,889,384 |
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Net income (loss) per share attributable to common stockholders: |
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Basic |
|
$ |
0.00 |
|
|
$ |
0.04 |
|
|
$ |
(0.15 |
) |
Diluted |
|
$ |
0.00 |
|
|
$ |
0.04 |
|
|
$ |
(0.15 |
) |
Common stock equivalent shares of 7.0 million, 0.2 million and 33.7 million were excluded from the computation of diluted per share amounts for the years ended December 31, 2025, 2024 and 2023, respectively, because their effect was anti-dilutive.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 1, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.