Quarterly ResultJul 29, 2026, 07:21 AM
Verisk Q2 Revenue $806M, Adjusted EPS $1.98
AI Summary
Verisk Analytics, Inc. announced its second-quarter 2026 financial results, reporting revenue of $806 million, up 4.3%, and diluted adjusted EPS of $1.98, an increase of 5.3%. However, GAAP net income decreased by 9.8% to $229 million, primarily due to higher effective tax rates, increased net interest expense, and legal fees. The company generated strong cash flow, with net cash from operating activities up 49.7% to $366 million, and reaffirmed its full-year 2026 financial outlook.
Key Highlights
- Verisk reported Q2 2026 revenue of $806 million, an increase of 4.3% (5.8% on an organic constant currency basis).
- Net income for the quarter was $229 million, a decrease of 9.8% year-over-year.
- Diluted GAAP earnings per share (EPS) was $1.75, down 3.3%, while diluted adjusted EPS increased 5.3% to $1.98.
- Adjusted EBITDA reached $464 million, up 4.2% (7.4% on an organic constant currency basis).
- Net cash provided by operating activities increased 49.7% to $366 million, and free cash flow rose 57.9% to $298 million.
- The company paid a cash dividend of 50 cents per share and executed a $200 million Accelerated Share Repurchase program.
- Verisk reaffirmed its full-year 2026 financial outlook, expecting revenue between $3,190M and $3,240M.
- Underwriting revenues increased 3.5% (5.6% OCC) and Claims revenues increased 6.3% (6.1% OCC).
Price Impact
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