How did Verisk perform in full-year 2025?

Revenue rose 6.6% to $3.07 billion, and adjusted EBITDA rose 9.6% to $1.73 billion (8.5% on an OCC basis). GAAP net income fell 5.1% to $908 million, mainly because of gains recognized in 2024 from settling investments in non-public companies, partly offset by a lower income tax provision.

Why did GAAP earnings decline while adjusted results grew?

The filing attributes the GAAP net income decline to prior-year gains from settling investments in non-public companies and to 2025 amortization of deferred issuance costs, original issuance discounts, and redemption premium accrual tied to the termination of the 2030 Senior Notes, 2036 Senior Notes, and Term Loan Facility. Diluted adjusted EPS, which excludes items such as these, rose 7.8% to $7.16, reflecting operational performance and a lower average share count.

What is the company's capital return plan?

The Board raised the quarterly dividend 11% to $0.50 per share, payable March 31, 2026, and increased the share repurchase authorization to $2.5 billion in total. Management expects to implement this through a $1.5 billion accelerated share repurchase program in the near term. In Q4 2025 the company repurchased $223.8 million of stock, and $967.5 million remained under the prior authorization as of December 31, 2025.

What does 2026 guidance look like?

Full-year 2026 guidance calls for total revenue of $3,190 million to $3,240 million, adjusted EBITDA of $1,790 million to $1,830 million (adjusted EBITDA margin of 56.0% to 56.5%), and diluted adjusted EPS of $7.45 to $7.75. Capital expenditures are expected at $260 million to $280 million, and interest expense at $190 million to $200 million.

What happened with the AccuLynx acquisition and the related debt?

Verisk delivered notice in December 2025 to terminate its agreement to acquire AccuLynx after the FTC had not completed its review by December 26, 2025, the agreement's termination date. Following the termination, on January 6, 2026, the company repaid the $1,500.0 million aggregate principal amount of its 2030 and 2036 Senior Notes under the special mandatory redemption provision.

VRSK 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed February 18, 2026. Cited figures are marked; the original filing is the authoritative source.

Verisk Analytics, Inc. filed this Form 8-K on February 18, 2026 under Item 2.02 to furnish its press release reporting fourth-quarter and full-year 2025 results.

For the full year 2025, revenue was $3.07 billion^a, up 6.6% (6.6% on an organic constant currency basis), net income was $908 million, down 5.1% due to gains recognized in the prior year, and GAAP diluted EPS was $6.48, down 2.7%. Adjusted EBITDA was $1.73 billion, up 9.6% (8.5% on an OCC basis), and diluted adjusted EPS was $7.16, up 7.8%. Net cash provided by operating activities was $1.44 billion, up 25.5%, and free cash flow was $1.19 billion, up 29.5%.

Fourth-quarter revenue was $779 million^b, up 5.9%, and adjusted EBITDA was $437 million, up 9.8%. Diluted adjusted EPS rose 13.0% to $1.82, while GAAP diluted EPS fell 1.4% to $1.42. Management attributed the year's results to growth in line with long-term targets, despite a very low level of weather activity.

The company guided 2026 total revenue of $3.19 billion to $3.24 billion^c, adjusted EBITDA of $1.79 billion to $1.83 billion, and diluted adjusted EPS of $7.45 to $7.75. Capital return actions are a central point of the release. The Board approved an 11% increase in the quarterly dividend to 50 cents per share, payable March 31, 2026, and raised the total share repurchase authorization to $2.5 billion.

Management expects to implement part of this through a $1.5 billion^d accelerated share repurchase program in the near term. Subsequent events include the January 6, 2026 repayment of $1.5 billion of 2030 and 2036 Senior Notes after the AccuLynx acquisition was terminated.

02—Key points

Key Highlights

Full-year 2025 revenue of $3,073 million, up 6.6% (6.6% on an OCC basis); fourth-quarter revenue of $779 million, up 5.9%.
Full-year 2025 net income of $908 million, down 5.1% due to prior-year gains on settlement of investments in non-public companies; GAAP diluted EPS of $6.48, down 2.7%.
Full-year 2025 adjusted EBITDA of $1,727 million, up 9.6% (8.5% on an OCC basis); diluted adjusted EPS of $7.16, up 7.8%.
Net cash provided by operating activities of $1,436 million, up 25.5%, and free cash flow of $1,192 million, up 29.5% for the full year.
Dividend increased 11% to $0.50 per share, payable March 31, 2026; share repurchase authorization raised to $2.5 billion in total.
2026 guidance: total revenue of $3,190 million to $3,240 million, adjusted EBITDA of $1,790 million to $1,830 million, and diluted adjusted EPS of $7.45 to $7.75.
AccuLynx acquisition terminated after the FTC did not complete its review by December 26, 2025; $1.5 billion of 2030 and 2036 Senior Notes were repaid on January 6, 2026.

03—Questions

Frequently Asked Questions

How did Verisk perform in full-year 2025?
Revenue rose 6.6% to $3.07 billion, and adjusted EBITDA rose 9.6% to $1.73 billion (8.5% on an OCC basis). GAAP net income fell 5.1% to $908 million, mainly because of gains recognized in 2024 from settling investments in non-public companies, partly offset by a lower income tax provision.
Why did GAAP earnings decline while adjusted results grew?
The filing attributes the GAAP net income decline to prior-year gains from settling investments in non-public companies and to 2025 amortization of deferred issuance costs, original issuance discounts, and redemption premium accrual tied to the termination of the 2030 Senior Notes, 2036 Senior Notes, and Term Loan Facility. Diluted adjusted EPS, which excludes items such as these, rose 7.8% to $7.16, reflecting operational performance and a lower average share count.
What is the company's capital return plan?
The Board raised the quarterly dividend 11% to $0.50 per share, payable March 31, 2026, and increased the share repurchase authorization to $2.5 billion in total. Management expects to implement this through a $1.5 billion accelerated share repurchase program in the near term. In Q4 2025 the company repurchased $223.8 million of stock, and $967.5 million remained under the prior authorization as of December 31, 2025.
What does 2026 guidance look like?
Full-year 2026 guidance calls for total revenue of $3,190 million to $3,240 million, adjusted EBITDA of $1,790 million to $1,830 million (adjusted EBITDA margin of 56.0% to 56.5%), and diluted adjusted EPS of $7.45 to $7.75. Capital expenditures are expected at $260 million to $280 million, and interest expense at $190 million to $200 million.
What happened with the AccuLynx acquisition and the related debt?
Verisk delivered notice in December 2025 to terminate its agreement to acquire AccuLynx after the FTC had not completed its review by December 26, 2025, the agreement's termination date. Following the termination, on January 6, 2026, the company repaid the $1,500.0 million aggregate principal amount of its 2030 and 2036 Senior Notes under the special mandatory redemption provision.

04—Continue

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