Sign in

CCC on Nasdaq

CCC

Logo: modivogroup.com4

CCC is a Polish multinational shoe store chain based in Polkowice, founded in 1999.1 Its chief executive is Dariusz Miłek.1 It employed 8,517 people in 2018.1 Its revenue was €1.1 billion in 2018.1

Price unavailable

Last updated Oct 21, 2026.

Overview

1999Founded1

Compare with Figma Inc, SailPoint, Inc. or Duolingo Inc, or pick any stock.

  • TickerCCC on Nasdaq1
  • Industryretail1
  • HeadquartersPolkowice1
  • Websitemodivogroup.com
  • Legal formspółka akcyjna1
  • Incorporated inDE5
  • Business address167 N. Green Street, 9Th Floor, Chicago, Il 606075
  • Filer categoryLarge accelerated filer5
  • LEI259400NWPQ2HCSMZP9703
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPolkowice Strefowa 6, 59-101 Polkowice, Poland3
  • Registered withMinistry of Justice, 00002116923

See how the biggest companies compare on our leaderboards

Trutnov Obchodni 136 CCC
Photo: JiriMatejicek, CC BY-SA 3.0, via Wikimedia Commons7

Founded in 1980, CCC is a leading Software-as-a-Service (“SaaS”) and AI platform provider for the multi-trillion-dollar insurance economy powering operations for insurers, repairers, automakers, part suppliers, and more. CCC cloud technology connects more than 35,000 businesses digitizing mission-critical workflows, commerce, and customer experiences. A trusted leader in AI, customer experience, network and workflow management, CCC delivers technology that turns crucial moments into intelligent experiences, with the goal of shaping a world where life just works.8 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

73.5%Gross margin9
8.9%Operating margin9
0.2%Net margin9
11.9%Revenue growth, 20259
0.1%Return on equity9
0.71×Debt to equity9
$254.5MFree cash flow9

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue27¢$280.2M
  • Research and development22¢$227.5M
  • Other costs43¢$456.8M
  • Interest7¢$71.0M
  • Income tax2¢$19.8M
  • Profit0¢$1.7M

Out of $1.1B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending9¢$61.0M
  • Share buybacks91¢$600.6M

Out of $315.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.9

Financial statements

Revenue101112139$1.1B in 2025+72% since 2019
0$500.0M$1.0B$1.5B2019: $616.1M$616.1M20192020: $633.1M$633.1M2020+3%2021: $688.3M$688.3M2021+9%2022: $782.4M$782.4M2022+14%2023: $866.4M$866.4M2023+11%2024: $944.8M$944.8M2024+9%2025: $1.1B$1.1B2025+12%
Gross profit101112139$776.8M in 2025+99% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $390.4M$390.4M20192020: $424.3M$424.3M2020+9%2021: $492.6M$492.6M2021+16%2022: $568.5M$568.5M2022+15%2023: $636.2M$636.2M2023+12%2024: $713.8M$713.8M2024+12%2025: $776.8M$776.8M2025+9%
Operating income101112139$93.8M in 2025
-$200.0M-$100.0M0$100.0M2019: -$166.2M-$166.2M20192020: $77.0M$77.0M20202021: -$144.7M-$144.7M20212022: $51.9M$51.9M20222023: -$23.9M-$23.9M20232024: $80.1M$80.1M20242025: $93.8M$93.8M2025+17%
Net income101112139$1.7M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M2019: -$210.3M-$210.3M20192020: -$16.9M-$16.9M2020−92%2021: -$248.9M-$248.9M2021+1375%2022: $38.4M$38.4M20222023: -$90.1M-$90.1M20232024: $31.2M$31.2M20242025: $1.7M$1.7M2025−95%
Fiscal year2019202020212022202320242025
Revenue$616.1M10$633.1M11$688.3M12$782.4M13$866.4M9$944.8M9$1.1B9
Cost of revenue$225.6M10$208.7M11$195.7M12$213.9M13$230.2M9$231.0M9$280.2M9
Gross profit$390.4M10$424.3M11$492.6M12$568.5M13$636.2M9$713.8M9$776.8M9
Research and development$114.0M10$109.5M11$166.0M12$157.0M13$173.1M9$201.5M9$227.5M9
Operating expenses$637.3M12$516.6M13$660.1M9$633.7M9$683.0M9
Operating income-$166.2M10$77.0M11-$144.7M12$51.9M13-$23.9M9$80.1M9$93.8M9
Interest$89.5M10$77.0M11$59.0M12$39.0M13$63.6M9$64.6M9$71.0M9
Income before tax-$274.9M12$49.9M13-$84.5M9$44.3M9$21.5M9
Income tax-$67.3M10-$4.7M11-$26.0M12$11.5M13$5.5M9$13.1M9$19.8M9
Net income-$210.3M10-$16.9M11-$248.9M12$38.4M13-$90.1M9$31.2M9$1.7M9
Earnings per share-$0.0311-$0.4612$0.0613-$0.159$0.049$0.009
Earnings per share (diluted)-$0.0311-$0.4612$0.0613-$0.159$0.049$0.009
Shares (weighted, basic)543.6M shares12607.8M shares13617.9M shares9610.8M shares9630.0M shares9
Shares (weighted, diluted)543.6M shares12642.8M shares13617.9M shares9641.9M shares9659.6M shares9

Compare CCC with another company

Corporate structure

CCC sits at the top of its group. 9 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of CCC

  • CCC Polkowice, Poland
    • HalfPrice Subsidiary · Polkowice, Poland
    • CCC Czech Subsidiary · Czechia
    • CCC Intelligent Solutions Inc. Subsidiary · Delaware, United States
    • CCC SHOES & BAGS SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA (CCC SHOES & BAGS SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ) Subsidiary · Polkowice, Poland
    • Cypress Intermediate Holdings II, LLC, f/k/a Cypress Intermediate Holdings II, Inc. Subsidiary · Delaware, United States
    • Cypress Intermediate Holdings, LLC, f/k/a Cypress Intermediate Holdings, Inc. and f/k/a Cypress Holdings, Inc. Subsidiary · Delaware, United States
    • MODIVO.EU SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA (MODIVO.EU SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ) Subsidiary · Polkowice, Poland
    • WORLDBOX SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA (WORLDBOX SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ) Subsidiary · Gdańsk, Poland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CCC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$359.1M9 Dec 31, 2025$331.4M9 Dec 31, 2024+8.4%
Accumulated depreciation$192.4M9 Dec 31, 2025$159.3M9 Dec 31, 2024+20.8%
Property and equipment, net$166.8M9 Dec 31, 2025$172.1M9 Dec 31, 2024−3.1%
Operating-lease assets (leased space)$36.0M9 Dec 31, 2025$29.8M9 Dec 31, 2024+21.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$111.2M9 Dec 31, 2025$399.0M9 Dec 31, 2024−72.1%
Stakes in other companies (equity method)$10.2M9 Dec 31, 2025$10.2M9 Dec 31, 20240%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.0B9 Dec 31, 2025$1.4B9 Dec 31, 2024+37.9%
Intangible assets, net (excluding goodwill)$1.0B9 Dec 31, 2025$934.3M9 Dec 31, 2024+8.2%
Finite-lived intangibles, gross$1.5B9 Dec 31, 2025$1.3B9 Dec 31, 2024+12.9%
Accumulated amortization-$644.3M9 Dec 31, 2025-$552.8M9 Dec 31, 2024−16.6%
Finite-lived intangibles, net$820.2M9 Dec 31, 2025$743.8M9 Dec 31, 2024+10.3%

Properties, in its own words

Our corporate headquarters are located at 167 N. Green Street, Chicago, Illinois, where we occupy approximately 141,000 square feet of office space pursuant to a lease that expires in 2037. We maintain additional leased office spaces in various locations in the United States and China pursuant to leases that expire between 2026 and 2035. We own a commercial office building in Sioux Falls, South Dakota. We believe that our current facilities are adequate for our present needs and suitable additional facilities will be available to us on commercially reasonable terms if and when needed.

Item 2 of the 10-K filed Feb 24, 2026.8

Leadership

Who has led CCC, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (30)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorEric Wei named Jan 6, 202543
  • DirectorNeil de Crescenzo named Jan 6, 202543
  • DirectorWilliam Ingram named Jan 6, 202543

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • CCC Intelligent Solutions Inc. Delaware6
  • Cypress Intermediate Holdings II, LLC, f/k/a Cypress Intermediate Holdings II, Inc. Delaware6
  • Cypress Intermediate Holdings, LLC, f/k/a Cypress Intermediate Holdings, Inc. and f/k/a Cypress Holdings, Inc. Delaware6

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Employees over time

  • 20188,5171

Former names

  • Dragoneer Growth Opportunities Corp.Jul 17, 2020 to Jul 29, 20215

Timeline

  1. Oct 15, 20268-K Entered a material agreement; Regulation FD disclosure44
  2. Jul 30, 20268-K Results of operations45
  3. May 29, 20268-K Executive or director change46
  4. May 22, 20268-K Shareholder vote47
  5. Apr 30, 20268-K Results of operations48
  6. Apr 30, 20268-K Executive or director change; Regulation FD disclosure49
  7. Mar 2, 20268-K Executive or director change; Regulation FD disclosure50
  8. Feb 24, 20268-K Results of operations51
  9. Jan 30, 20268-K Regulation FD disclosure52
  10. Dec 19, 20258-K Executive or director change53
  11. Dec 12, 20258-K Entered a material agreement; New debt or obligation; Other events54
  12. Nov 10, 20258-K Other events55
  13. Dec 2004Went public Listed on Warsaw Stock Exchange1
  14. 1999Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.03 a share, on Oct 30, 2025.56

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results45
  2. Apr 30, 2026Reported quarterly or annual results48
  3. Feb 24, 2026Reported quarterly or annual results51
  4. Oct 30, 2025Reported quarterly or annual results57
  5. Jul 31, 2025Reported quarterly or annual results58
  6. May 6, 2025Reported quarterly or annual results59
  7. Feb 25, 2025Reported quarterly or annual results60
  8. Oct 28, 2024Reported quarterly or annual results61

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

474 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 67 major events, 233 insider forms, 44 large holders, 1 private raises, 109 other. The latest 20:

  1. Oct 15, 2026DEFA14A EDGAR
  2. Oct 15, 2026DEFA14A EDGAR
  3. Oct 15, 20268-K EDGAR
  4. Aug 18, 2026144 EDGAR
  5. Aug 14, 2026SCHEDULE 13G/A EDGAR
  6. Aug 5, 2026SCHEDULE 13G/A EDGAR
  7. Jul 31, 2026SCHEDULE 13G/A EDGAR
  8. Jul 30, 202610-Q EDGAR
  9. Jul 30, 20268-K EDGAR
  10. Jun 15, 20264 PRIMARY DOCUMENT EDGAR
  11. May 29, 20268-K/A EDGAR
  12. May 26, 20264 PRIMARY DOCUMENT EDGAR
  13. May 26, 20264 PRIMARY DOCUMENT EDGAR
  14. May 26, 20264 PRIMARY DOCUMENT EDGAR
  15. May 26, 20264 PRIMARY DOCUMENT EDGAR
  16. May 26, 20264 PRIMARY DOCUMENT EDGAR
  17. May 26, 20264 PRIMARY DOCUMENT EDGAR
  18. May 22, 20268-K EDGAR
  19. May 15, 2026SCHEDULE 13G EDGAR
  20. May 15, 2026SCHEDULE 13G EDGAR

The 474 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

133 open-market trades by officers, directors and large owners since October 2021: 4 buys and 129 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 24, 2026Christo RodneyChief Accounting OfficerSale5,847$6.17$36.1KForm 4
Mar 9, 2026Christo RodneyChief Accounting OfficerSale50,321$6.13$308.5KForm 4
Dec 15, 2025Williams TeriDirectorSale68,000$7.52$511.4KForm 4
Nov 20, 2025Welsh Timothy ASee RemarksBuy136,720$7.31$999.4KForm 4
Nov 7, 2025Advent International GPE VIII-C Limited PartnershipDirectorSale37,342,526$7.76$289.8MForm 4
Nov 7, 2025Wei EricDirectorSale37,342,526$7.76$289.8MForm 4
Nov 7, 2025Young LaurenDirectorSale37,342,526$7.76$289.8MForm 4
Sep 17, 2025GOODSON JOHN PAGESee RemarksSale150,000$9.59$1.4MForm 4
Sep 5, 2025GOODSON JOHN PAGESee RemarksSale42,531$9.79$416.4KForm 4
Aug 7, 2025Wei EricDirectorSale30,000,000$9.87$296.1MForm 4
Aug 7, 2025Young LaurenDirectorSale30,000,000$9.87$296.1MForm 4
Aug 7, 2025ADVENT INTERNATIONAL, L.P.DirectorSale30,000,000$9.87$296.1MForm 4
Jul 31, 2025Christo RodneyChief Accounting OfficerSale5,302$9.76$51.7KForm 4
May 23, 2025De Crescenzo Neil E.DirectorBuy100,000$8.54$854.0KForm 4
May 20, 2025Young LaurenDirectorSale30,000,000$9.08$272.4MForm 4
May 20, 2025Wei EricDirectorSale30,000,000$9.08$272.4MForm 4
May 20, 2025ADVENT INTERNATIONAL, L.P.DirectorSale30,000,000$9.08$272.4MForm 4
May 14, 2025Welsh Timothy ASee RemarksBuy100,000$9.03$903.0KForm 4
Apr 3, 2025Schloss EileenDirectorSale27,478$8.60$236.3KForm 4
Mar 25, 2025Christo RodneyChief Accounting OfficerSale5,846$9.15$53.5KForm 4

All 133 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Tim Welsh5 , President and EVP, Customer Solutions & Operations$525.0K$6.2M74
2025Brian HerbEVP, Chief Financial and Administrative Officer$654.4K$4.1M74
2025Mary Jo Prigge6 , EVP, Chief Service Delivery Officer$232.8K$3.1M74
2025John Goodson7 , EVP, Chief Product and Technology Officer$443.4K$2.9M74
2025Githesh RamamurthyChairman of the Board and CEO65$940.8K$987.7K74
2024Brian HerbEVP, Chief Financial and Administrative Officer$631.6K$4.1M74
2024John Goodson7 , EVP, Chief Product and Technology Officer$530.8K$3.2M74
2024Mary Jo Prigge6 , EVP, Chief Service Delivery Officer$558.1K$2.4M74
2024Githesh RamamurthyChairman of the Board and CEO65$901.9K$946.3K74
2023Githesh RamamurthyChairman of the Board and CEO65$867.9K$54.5M74
2023Brian HerbEVP, Chief Financial and Administrative Officer$607.3K$5.6M74
2023John Goodson7 , EVP, Chief Product and Technology Officer$514.5K$4.0M74
2023Mary Jo Prigge6 , EVP, Chief Service Delivery Officer$536.7K$3.2M74

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jan 6, 2025Raised $295.6 million in a private offering of equity Form D: 119 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
UBS Group AG38,867,785$200.6M0.0%+31,949,271
Vanguard Portfolio Management LLC34,128,301$176.1M0.0%−1,200,343
Akre Capital Management LLC29,858,935$154.1M3.0%−1,654,135
BlackRock, Inc.29,061,242$150.0M0.0%−855,147
Vanguard Capital Management LLC24,895,481$128.5M0.0%−1,073,416
Edmond De Rothschild Holding S.a.22,927,668$118.3M1.6%+4,242,711
Neuberger Berman Group LLC17,562,252$90.6M0.1%+268,980
Brown Advisory Inc16,523,245$85.3M0.1%+331,162
Wasatch Advisors LP15,548,321$80.2M0.5%−12,683,439
Dimensional Fund Advisors LP13,007,478$67.1M0.0%+1,963,697
Clarkston Capital Partners, LLC12,516,625$64.6M5.5%+2,939,879
Brown Brothers Harriman & Co12,490,320$64.5M0.3%+5,866,756
Morgan Stanley12,328,314$63.6M0.0%−4,422,083
Nomura Holdings Inc11,964,881$61.7M0.3%+11,096,015
State Street Corp11,633,295$59.9M0.0%+400,572
Bank Of America Corp /de/11,393,958$58.8M0.0%−2,610,386
Goldman Sachs Group Inc10,650,892$55.0M0.0%+184,981
Geode Capital Management, LLC9,805,468$50.6M0.0%−964,030
Alfreton Capital LLP9,500,000$49.0M12.3%−1,278,074
Dragoneer Investment Group, LLC9,196,301$47.5M1.7%No change
Barclays PLC8,620,288$44.5M0.0%+1,435,257
Deutsche Bank Ag\7,721,585$39.8M0.0%+3,067,932
London Co Of Virginia7,498,579$38.7M0.2%−1,243,011
Fort Washington Investment Advisors Inc /oh/6,887,602$35.5M0.2%+3,406,509
Gotham Asset Management, LLC6,741,416$34.8M0.1%+1,620,751

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 21, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−107.3%Report
May 26, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−108.0%Report
Nov 11, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−151.3%Report
Jun 4, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How CCC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCCC Intelligent Solutions Holdings Inc.2
  • CIK0001818201
  • Employer ID (EIN)98-15462808
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company8
  • Incorporated inDelaware8
  • Fiscal year endsDecember 312
  • Industry code (SIC)7372 Services-Prepackaged Software2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address167 N. Green Street, 9Th Floor, Chicago, IL 606072
  • Phone(800) 621-80702
  • Shares outstanding588,994,704 as of Jul 28, 202615
  • Public float$5.3B as of Jun 30, 20258
  • AuditorDeloitte & Touche LLP, Chicago, IL PCAOB ID 34; it also attests to the company’s internal control over financial reporting8
  • On EDGAR sinceJul 17, 20202
  • Filings585 in all: 4 (232), 8-K (75), 144 (57), 3 (33), 424B3 (20), 425 (19), 10-Q (18), SC 13D/A (14)2
    All 44 form types

    SC 13G/A (11), SCHEDULE 13G/A (8), CORRESP (7), DEFA14A (7), 10-K (6), 8-K/A (6), SC 13G (6), UPLOAD (6), DEF 14A (5), EFFECT (5), SCHEDULE 13G (5), ARS (4), S-1/A (4), SCHEDULE 13D/A (4), S-4/A (3), SC 13D (3), 25-NSE (2), 424B5 (2), 8-A12B (2), CERT (2), DRS (2), S-1 (2), S-3 (2), 10-K/A (1), 25 (1), 4/A (1), 424B4 (1), D (1), FWP (1), NT 10-Q (1), POS AM (1), POS EX (1), RW (1), S-3ASR (1), S-4 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Feb 24, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 7, 2026
    Latest 8-K (8-K) Oct 15, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.0001 per shareCCCThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).8

Risk factors and legal proceedings

The risks CCC names in Item 1A of its 10-K filed Feb 24, 2026: 50 risks under these headings, as written.8

  • Risks Relating to Business and Industry
  • A substantial portion of our revenue is derived from a relatively small number of customers in the insurance and automotive collision industries, and the loss of any of these customers, or a significant revenue reduction from any of these customers, could materially impact our business, results of operations and financial condition.
  • Our large customers have negotiating leverage, which may require us to agree to terms and conditions that result in increased cost of sales, decreased revenue, lower average selling prices and gross margins, and increased contractual liability risks, all of which could harm our results of operations.
  • Our business depends on our brand, and if we fail to develop, maintain, and enhance our brand and reputation cost-effectively, our business and financial condition may be adversely affected.
  • Our revenue growth rate depends on existing customers renewing and upgrading their subscriptions for our solutions. A decline in our customer renewals and expansions could adversely impact our future results of operations.
  • Our growth strategy depends on continued investment in and delivery of innovative SaaS and AI solutions. If we are unsuccessful in delivering innovative SaaS and AI solutions, it could adversely impact our results of operations and financial condition.
  • Factors outside of our control including but not limited to public health outbreaks, natural catastrophes, war, and terrorism, may adversely impact us, our customers, or the insurance economy.
  • A downturn in the insurance or automotive collision industries, claim volumes, or supporting economies, which are outside of our control, could adversely impact our results of operations.
  • Changes in the insurance and automotive collision industries, including the adoption of new technologies, such as AI or autonomous vehicles, may significantly impact our results of operations.
  • Macroeconomic factors impacting the principal industries we serve could adversely affect adoption, usage, or average selling prices of our solutions and our customers may defer or forego purchases of our solutions or services in the event of weakened global economic conditions, political transitions or industry consolidation.
  • We face competition in our market, which could negatively impact our business, results of operations, and financial condition and cause our market share to decline.
  • If we are unable to develop, introduce and market new and enhanced versions of our solutions and services, we may be put at a competitive disadvantage and our operating results could be adversely affected.
The other 39 risks
  • Our sales and implementation cycles can be lengthy and variable, depend upon factors outside our control, and could cause us to expend significant time and resources prior to generating revenue.
  • Failure to manage our expanding operations effectively could harm our business.
  • If we are unable to develop new markets or sell our solutions into these new and existing markets, our opportunities for growth may not be achieved.
  • Developing significant revenue streams derived from our current research and development efforts may take several months or years, or may not be achieved at all.
  • Changes in, or violations by us or our customers of, applicable government regulations could reduce demand for or limit our ability to provide our solutions and services in those jurisdictions.
  • Sales to customers or operations outside the U.S. may expose us to risks inherent in international sales.
  • Changes in China’s economic, political or social conditions or government policies, as well as the corruption risks presented by operating in China, could have an adverse effect on our efforts to expand our business in China.
  • Our business activities are subject to the FCPA and similar anti-bribery and anti-corruption laws.
  • We are subject to increasing global trade laws and regulations.
  • We may experience fluctuations in foreign currency exchange rates that could adversely impact our results of operations.
  • We rely on data, technology, and intellectual property of third parties and our solutions rely on information generated by third parties and any interruption of our access to such information, technology, and intellectual property could materially harm our operating results.
  • Failure to protect our intellectual property could adversely impact our business and results of operations.
  • We may enter into joint ventures, collaborations or sponsored developments for intellectual property and, as a result, some of our intellectual property may, in the future, be jointly-owned by third parties.
  • Assertions by third parties of infringement or other violation by us of their intellectual property rights could result in significant costs and substantially harm our business and results of operations.
  • Our solutions or our third-party cloud providers have experienced in the past, and could experience in the future, data security breaches, which could adversely impact our reputation, business, and ongoing operations.
  • Real or perceived failures in our solutions, an inability to meet contractual service levels, or unsatisfactory performance of our solutions, could adversely affect our business, results of operations and financial condition.
  • Some of our services and technologies use “open source” software, which may restrict how we use or distribute our services or require that we release the source code of certain solutions subject to those licenses.
  • Issues in the development and use of AI, combined with an uncertain regulatory environment, may result in reputational harm, liability, or other adverse consequences to our business operations.
  • Any disruption of our, our third-party service providers’ or our customers’ Internet connections could affect the success of our SaaS solutions.
  • There may be adverse tax and/or employment law consequences if the independent contractor status of our consultants or the exempt status of our employees is successfully challenged.
  • We have, and may in the future, acquire or invest in companies, or pursue business partnerships, which may divert our management’s attention or result in dilution to our stockholders, and we may be unable to integrate acquired businesses and technologies successfully or achieve the expected benefits of such acquisitions, investments or partnerships.
  • Increased scrutiny and evolving stakeholder expectations with respect to ESG matters may impose additional costs and expose us to new risks.
  • We evaluate our capital structure from time to time and may seek to repurchase our securities, refinance our indebtedness or raise debt or equity to finance our operations. However, we may not be able to do so when desired on favorable terms, if at all, or without dilution to our stockholders and we may not realize the anticipated benefits of these transactions.
  • We rely on information systems in managing our operations and any system failure or deficiencies of such systems may have an adverse impact on our business.
  • Regulatory Risk Factors
  • Failure to comply with data privacy laws and regulations could subject us to fines, sanctions or litigation, and could potentially damage our brand and reputation and adversely impact our business, results of operations or financial condition.
  • The enactment of new data privacy legislation and evolution of current privacy legislation could cause us to incur incremental cost and liability, adversely affecting our business operations and ability to deliver our financial plans.
  • Changes in tax laws or adverse outcomes resulting from examination of our income tax returns could adversely affect our results of operations.
  • Future government regulation of the Internet could create incremental costs or business disruption, harming our results of operations.
  • Litigation Risk Factors
  • We are currently, and have been in the past, a party to litigation, which could result in damage to our reputation and harm our future results of operations.
  • Reliance on Third Parties and Key Personnel Risk Factors
  • If we are unable to retain our personnel and hire and integrate additional skilled personnel, we may be unable to achieve our goals and our business may suffer.
  • We rely on third-party service providers, including third-party cloud providers, to host and deliver our websites, web-based solutions, and other information technology systems and any interruptions or delays in these services could negatively impact our business.
  • Indebtedness
  • Our financial leverage could adversely affect our ability to raise additional capital to fund our operations, limit our ability to react to changes in the economy or our market, expose us to interest rate risk, and prevent us from timely satisfying our obligations.
  • Restrictions imposed by the covenants in the 2021 Credit Agreement, and any covenants in any future credit facilities documentation, limit our ability to operate our business and to finance our future operations or capital needs or our ability to engage in acquisitions or other business activities necessary to achieve growth.
  • We may be unable to generate sufficient cash flow to satisfy our significant debt service obligations, which could have a material adverse effect on our business, financial condition, results of operations, and cash flows.
  • Risks Relating to Ownership of Our Common Stock
  • We incur and will continue to incur increased costs as a result of operating as a public company, and our management is required to devote substantial time to compliance initiatives and corporate governance practices. We may fail to comply with the rules that apply to public companies, including Section 404 of the Sarbanes-Oxley Act, which could result in sanctions or other penalties that would adversely impact our business.
  • The share price of our common stock may be volatile.
  • Reports published by analysts, including projections in those reports that differ from our actual results, could adversely affect the price and trading volume of our common stock.
  • Delaware law and our governing documents contain certain provisions, including anti-takeover provisions, that limit the ability of stockholders to take certain actions and could delay or discourage takeover attempts that stockholders may consider favorable.
  • Our Certificate of Incorporation designates the Delaware Court of Chancery or the United States federal district courts as the sole and exclusive forum for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, stockholders, employees or agents.

Legal proceedings

In the ordinary course of business, we are (or may become) parties to litigation involving property, personal injury, contract, intellectual property and other claims, as well as stockholder derivative actions, class action lawsuits and other matters. The amounts that may be recovered in such matters may be subject to insurance coverage. Although the results of legal proceedings and claims cannot be predicted with certainty, we are not currently a party to any legal proceedings the outcome of which, we believe, if determined adversely to us, would individually or in the aggregate have a material adverse effect on our business, financial condition, or results of operations. See Note 24 to our consolidated financial statements included elsewhere in this Annual Report on Form 10-K for additional information.

The opening of Item 3, Legal Proceedings.8

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
    Company websiteCCC logo
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
    SEC EDGAROther events
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74