| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 782.60 | 3.9% |
| Total Income | 782.60 | 3.9% |
| Expenditure | 430.40 | 1.8% |
| PBT | 308.50 | 4.1% |
| Net Profit | 234.20 | 0.8% |
| OPM | 45.00% | 1.17pp |
| NPM | 29.93% | 0.92pp |
| EPS | 1.73 | 4.2% |
Verisk Reports Q1 2026 Revenue of $783 Million, Up 3.9% YoY
29 Apr 2026 · 29 Apr, 4:52 pm
Summary
Verisk announced its first quarter 2026 financial results, reporting revenue of $783 million, an increase of 3.9% year-over-year, with organic constant currency revenue growth at 4.7%. Net income for the quarter was $234 million, up 0.8%, while Adjusted EBITDA grew 5.0% to $438 million, achieving a 55.9% margin. Diluted adjusted EPS increased by 5.2% to $1.82. Management expressed confidence in building operating momentum throughout the year, driven by deepening client relationships and innovation, and reaffirmed its financial guidance for 2026.
Key Highlights
- 1
Verisk reported first quarter 2026 revenue of $783 million, marking a 3.9% increase year-over-year, or 4.7% on an organic constant currency basis.
- 2
Net income for the quarter grew by 0.8% to $234 million.
- 3
Adjusted EBITDA rose by 5.0% to $438 million, achieving a 5.9% growth on an organic constant currency basis, with an Adjusted EBITDA margin of 55.9%.
- 4
Diluted GAAP earnings per share increased by 4.8% to $1.73, while diluted adjusted EPS saw a 5.2% rise to $1.82.
- 5
Net cash provided by operating activities decreased by 12.2% to $390 million, and free cash flow declined by 16.5% to $326 million, primarily due to a prior-year tax refund and higher interest payments.
- 6
The company paid a cash dividend of 50 cents per share on March 31, 2026, and executed a $1.5 billion Accelerated Share Repurchase Program during the quarter.
- 7
Underwriting revenues increased 3.8% to $552 million, or 5.3% on an organic constant currency basis, driven by price increases and expanded client relationships.
Management Comments
Lee Shavel
Verisk started the year by delivering continued growth across the business. We have confidence that our operating momentum will build throughout the year as we continue to deepen client relationships and invest in innovation that addresses the industry's most critical challenges. Our proprietary datasets and distinctive insights are competitive advantages that enable us to introduce new and effective AI solutions into core insurance workflows and decision making. Our powerful economic model will continue to create long-term value for clients and shareholders alike.
Elizabeth Mann
In the first quarter, Verisk delivered organic constant currency revenue growth of 4.7% and OCC adjusted EBITDA growth of 5.9%. During the quarter we executed a $1.5 billion accelerated share repurchase program while continuing to invest back into our business. We have confidence that as we move throughout the year, our growth will return to levels consistent with our long-term targets and as a result, we are reaffirming our financial guidance for 2026.
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