CCC Intelligent Solutions Holdings Inc. Revenue Disclosure
4. REVENUE
Disaggregation of Revenue—The Company provides disaggregation of revenue based on type of service as it believes these categories best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.
The following table summarizes revenue by type of service for the years ended December 31 (in thousands):
|
|
Year Ended December 31, |
|
|||||||||
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Software subscriptions |
|
$ |
1,013,892 |
|
|
$ |
906,464 |
|
|
$ |
830,117 |
|
Other |
|
|
43,109 |
|
|
|
38,336 |
|
|
|
36,261 |
|
Total revenues |
|
$ |
1,057,001 |
|
|
$ |
944,800 |
|
|
$ |
866,378 |
|
Contract Assets and Liabilities—The balances of the Company’s receivables, contract assets and contract liabilities from contracts with customers are as follows (in thousands):
|
December 31, |
|
|
|||||||||
|
2025 |
|
|
2024 |
|
|
2023 |
|
|
|||
Accounts receivables-Net of allowances |
$ |
137,056 |
|
|
$ |
106,578 |
|
|
$ |
102,365 |
|
|
Deferred contract costs |
|
24,923 |
|
|
|
22,373 |
|
|
|
17,900 |
|
|
Deferred contract costs-non-current |
|
22,479 |
|
|
|
18,692 |
|
|
|
22,302 |
|
|
Other assets (accounts receivable, non-current) |
|
25,532 |
|
|
|
16,946 |
|
|
|
15,198 |
|
|
Deferred revenues |
|
72,793 |
|
|
|
44,915 |
|
|
|
43,567 |
|
|
Other liabilities (deferred revenues, non-current) |
|
1,368 |
|
|
|
1,415 |
|
|
|
1,373 |
|
|
Deferred Contract Costs—A summary of the activity impacting the deferred contract costs during the years ended December 31, 2025, 2024 and 2023 is presented below (in thousands):
|
|
|
Year Ended December 31, |
|
|||||||||
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Balance at beginning of period |
|
|
$ |
41,065 |
|
|
$ |
40,202 |
|
|
$ |
36,717 |
|
Costs amortized |
|
|
|
(24,022 |
) |
|
|
(22,085 |
) |
|
|
(19,197 |
) |
Additional amounts deferred |
|
|
|
30,359 |
|
|
|
22,948 |
|
|
|
22,682 |
|
Balance at end of period |
|
|
$ |
47,402 |
|
|
$ |
41,065 |
|
|
$ |
40,202 |
|
|
|
|
|
|
|
|
|
|
|
|
|||
Classified as: |
|
|
|
|
|
|
|
|
|
|
|||
Current |
|
|
$ |
24,923 |
|
|
$ |
22,373 |
|
|
$ |
17,900 |
|
Non-current |
|
|
|
22,479 |
|
|
|
18,692 |
|
|
|
22,302 |
|
Total deferred contract costs |
|
|
$ |
47,402 |
|
|
$ |
41,065 |
|
|
$ |
40,202 |
|
Deferred Revenue—A summary of the activity impacting deferred revenue balances during the years ended December 31, 2025, 2024 and 2023, is presented below (in thousands):
|
|
|
Year Ended December 31, |
|
|||||||||
|
|
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Balance at beginning of period |
|
|
$ |
46,330 |
|
|
$ |
44,940 |
|
|
$ |
36,479 |
|
Revenue recognized1 |
|
|
|
(581,545 |
) |
|
|
(494,598 |
) |
|
|
(434,197 |
) |
Additional amounts deferred1 |
|
|
|
609,376 |
|
|
|
495,988 |
|
|
|
442,658 |
|
Balance at end of period |
|
|
$ |
74,161 |
|
|
$ |
46,330 |
|
|
$ |
44,940 |
|
|
|
|
|
|
|
|
|
|
|
|
|||
Classified as: |
|
|
|
|
|
|
|
|
|
|
|||
Current |
|
|
$ |
72,793 |
|
|
$ |
44,915 |
|
|
$ |
43,567 |
|
Non-current |
|
|
|
1,368 |
|
|
|
1,415 |
|
|
|
1,373 |
|
Total deferred revenue |
|
|
$ |
74,161 |
|
|
$ |
46,330 |
|
|
$ |
44,940 |
|
1 Amounts include total revenue deferred and recognized during each respective period.
The additional amount deferred during the year ended December 31, 2025 includes $21.5 million related to the deferred revenue recorded at the time of the acquisition of EvolutionIQ.
During the years ended December 31, 2025, 2024 and 2023, $44.8 million, $42.4 million and $35.1 million, respectively, that was included in the deferred revenue balance at the beginning of each period was recognized as revenue.
Transaction Price Allocated to the Remaining Performance Obligations—Remaining performance obligations represent contracted revenue that has not yet been recognized, which includes deferred revenue and amounts that will be invoiced and recognized as revenue in future periods. As of December 31, 2025, approximately $1,891 million of revenue is expected to be recognized from remaining performance obligations with approximately $780 million impacting the next twelve months, and approximately $1,111 million thereafter. The estimated
revenues do not include unexercised contract renewals. The remaining performance obligations exclude future transaction revenue where revenue is recognized as the services are rendered and in the amount to which the Company has the right to invoice.
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 Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.