Verisk Analytics Reports 7.8% Revenue Growth in Q2 2025, Net Income Declines

Verisk Analytics, Inc. reported a revenue increase of 7.8% for the second quarter of 2025, reaching $772.6 million compared to $716.8 million in the same period last year. For the first half of 2025, revenues totaled $1.525 billion, up 7.4% from $1.421 billion in the prior year. The growth was primarily driven by a rise in underwriting revenue, which increased by 8.3% to $549.6 million, and claims revenue, which rose by 6.6% to $223 million. The company attributed this growth to enhancements in their solutions and increased sales to both existing and new customers.

In terms of profitability, Verisk's net income for the second quarter was $253.3 million, down 17.7% from $307.8 million a year earlier. The decline in net income was influenced by a significant investment gain of $99.8 million in the previous year, which was not replicated in the current quarter. The net income margin decreased to 32.8% from 42.9%, while the diluted earnings per share fell to $1.81 from $2.15. For the first half of 2025, net income was $485.6 million, down from $527.2 million in 2024.

Operationally, Verisk's total assets increased to $4.795 billion as of June 30, 2025, compared to $4.265 billion at the end of 2024. The company reported a significant rise in cash and cash equivalents, which reached $628.7 million, up from $291.2 million. The total liabilities also increased to $4.482 billion, primarily due to a rise in long-term debt, which grew to $3.233 billion from $2.547 billion. The company’s employee headcount remained stable, with no significant changes reported.

Strategically, Verisk completed the acquisition of Simplitium Limited for $19.7 million in April 2025, enhancing its capabilities in the claims sector. The company also announced plans to acquire AccuLynx for $2.35 billion, aimed at bolstering its network capabilities in the insurance claims and restoration ecosystem. These acquisitions are part of Verisk's strategy to expand its offerings and improve operational efficiencies in the insurance market.

Looking ahead, Verisk remains optimistic about its growth trajectory, supported by a strong cash position and ongoing investments in technology and acquisitions. The company expects to continue leveraging its data analytics capabilities to drive revenue growth and enhance customer solutions, while managing costs effectively to improve profitability.