Verisk Analytics, Inc. reported a revenue increase of 3.9% for the first quarter of 2026, reaching $782.6 million compared to $753.0 million in the same period last year. The company's net income also saw a slight rise, totaling $234.2 million, up from $232.3 million in the prior year, resulting in a basic net income per share of $1.73, a 4.2% increase from $1.66. The operating income for the quarter was $352.2 million, reflecting a 6.7% increase from $330.1 million in the previous year. The company's EBITDA for the quarter was $436.0 million, representing a 4.8% growth from $415.9 million in the same quarter of 2025.
In terms of operational changes, Verisk's total assets decreased significantly from $6.2 billion at the end of 2025 to $4.6 billion by March 31, 2026. This decline was primarily attributed to a substantial reduction in cash and cash equivalents, which fell from $2.2 billion to $524.5 million. The company also reported a notable increase in long-term debt, which rose to $4.2 billion from $3.2 billion, largely due to the issuance of new senior notes. The company’s total liabilities decreased slightly from $5.9 billion to $5.8 billion, while stockholders' equity shifted from a positive $309.0 million to a deficit of $1.2 billion, primarily due to share repurchases.
Verisk's strategic focus included a significant share repurchase program, with $1.6 billion spent on repurchasing common stock during the quarter, including $225.1 million in treasury stock not yet settled. The company also declared a cash dividend of $0.50 per share, an increase from $0.45 in the previous year. The share repurchase program was funded through cash from operations and proceeds from a new term loan facility and a revolving credit facility. As of March 31, 2026, Verisk had $1.0 billion remaining under its share repurchase authorization.
Geographically, Verisk's revenue from the United States accounted for the majority at $638.4 million, while the United Kingdom contributed $65.3 million, and other countries added $78.9 million. The company reported that approximately 84% of its insurance revenues were derived from hosted subscriptions, indicating a stable revenue model. The increase in underwriting revenue was attributed to price enhancements and expanded solutions offered to both new and existing customers.
Looking ahead, Verisk remains optimistic about its growth trajectory, emphasizing its commitment to leveraging advanced data analytics and technology to enhance its service offerings in the insurance sector. The company anticipates that its strategic investments and operational efficiencies will continue to drive revenue growth while managing costs effectively.
About Verisk Analytics, Inc.
Verisk Analytics is a data, analytics, and technology provider serving the insurance industry. It offers proprietary data assets, predictive models, and software solutions for risk assessment, underwriting, claims, catastrophe modeling, and marketing. Its services support insurance providers, reinsurers, and government agencies worldwide, helping clients improve decision-making, operational efficiency, and risk management through integrated, industry-specific solutions built on deep expertise and scale.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.