BusinessAugust 1, 2026
runrate
RUN-rayt
Definition
An extrapolation of current financial results or performance metrics over a full year or future period, assuming current trends continue.
Etymology
Derived from the phrase 'running rate,' which emerged in business contexts to describe the velocity or speed at which a company is operating or generating metrics at a specific moment in time.
In the news
The article uses the term to describe the annualized financial pace of the company's AI-related revenue, highlighting that this specific segment is gaining significant traction.
CCC (CCC) Stock Can AI Upside Justify Its Rich Valuation
Read the full article ↗simplywall.st