Clarivate Analytics Stock Earnings Reports

Q1 2026 highlights: CCC reported a strong quarter with total revenue up 12% year-over-year to $281 million (all organic) and adjusted EBITDA of $120 million, yielding a 43% adjusted EBITDA margin (approximately +300 bps YoY), both above guidance. AI and emerging solutions were a key growth driver—AI-based products grew ~3.5x the company rate, drove ~1/3 of YoY growth in Q1, and represent roughly 10% of revenue (about $120 million run rate). Notable commercial momentum includes a multiyear renewal and enterprise expansion with a top-5 U.S. auto insurer (adding the AI suite), new casualty deals including Allstate and Liberty Mutual deployments, and continued adoption among repair shops (6,500+ using AI estimating). EvolutionIQ integration continues to contribute to emerging solutions growth. Financial position and capital allocation: Q1 free cash flow was $42 million (T12M free cash flow $252 million), net leverage ~2.7x adjusted EBITDA, and CCC completed a $300 million ASR (~43 million shares) plus $100 million open-market repurchases, returning >$1 billion to shareholders over 2.5 years; $100 million remains available under the current $500 million repurchase authorization. Guidance: Q2 revenue $283–285M (midpoint ~9% YoY growth) and adjusted EBITDA $111–113M; full-year 2026 revenue guidance raised to $1.155–1.163B (~10% growth at midpoint) with adjusted EBITDA $484–490M (midpoint ~42% margin). Items to watch: ~1 point of Q1 growth came from timing/one-time true-ups and transactional casualty strength; management expects ~1 point H2 headwind due to a carrier transitioning legacy first-party casualty away. Corporate: CFO Brian Herb will depart end of May; Rod Christo will serve as interim CFO. Overall takeaway: strong execution, accelerating AI monetization and enterprise adoption, margin expansion and continued shareholder returns, with near-term phasing/one-time items to consider.