VRSK · Verisk Analytics, Inc.

Verisk Analytics delivered Q1 2026 results with revenue of $783 million, reflecting 3.9% reported growth and 4.7% organic constant currency growth. Underwriting revenues rose 3.8% reported and 5.3% OCC, driven by price increases from enhancements to forms, rules, and loss cost solutions, plus sales to new clients and expanded renewals in catastrophe, risk, specialty, and life solutions. Claims revenues grew 4.3% reported and 3.4% OCC, supported by anti-fraud analytics and casualty solutions sales, offset by declines in property and restoration. Adjusted EBITDA reached $438 million, up 5.0% reported and 5.9% OCC, with margin expansion to 55.9% from operating leverage and cost discipline. Net income increased modestly 0.8% to $234 million, while diluted adjusted EPS rose 5.2% to $1.82, aided by lower share count despite higher interest and tax rates. Cash flows declined due to a non-recurring prior-year tax refund and elevated interest payments from higher debt, though partially offset by interest income. Capital returns remained robust: a 50 cents per share dividend paid March 31, and a $1.5 billion accelerated share repurchase executed, delivering 6,986,302 shares initially at $182.50, plus $126.1 million open market repurchases. Management, via CEO Lee Shavel and CFO Elizabeth Mann, expressed confidence in building momentum through client relationships, AI innovation, and proprietary data, reaffirming full-year 2026 guidance including revenue $3,190-3,240 million, adjusted EBITDA $1,790-1,830 million (56.0-56.5% margin), and diluted adjusted EPS $7.45-7.75. A subsequent Q2 dividend of 50 cents per share was approved.