How did Verisk perform in the first quarter of 2026?

Revenue grew 3.9% to $783 million (4.7% organic constant currency), adjusted EBITDA grew 5.0% to $438 million, and diluted GAAP EPS rose 4.8% to $1.73. Net income increased 0.8% to $234 million.

Why did cash flow decline in the quarter?

Net cash provided by operating activities fell 12.2% to $390 million and free cash flow fell 16.5% to $326 million. The company attributed the decline to a tax refund received in the prior year that did not recur and higher interest payments, which reflected higher debt balances partly offset by higher interest income on cash.

What capital return actions did Verisk take?

The company executed a $1.5 billion Accelerated Share Repurchase Program, receiving an initial delivery of 6,986,302 shares at $182.50, representing about 85 percent of the aggregate purchase price. It also repurchased $126.1 million of stock in the open market and paid a $0.50 per share dividend on March 31, 2026.

What is the company's full-year 2026 outlook?

Management reaffirmed guidance 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. Management expects growth to return to levels consistent with its long-term targets as the year progresses.

What dividend did the board approve?

On April 27, 2026, the board approved a cash dividend of $0.50 per share, payable June 30, 2026, to holders of record as of June 15, 2026. The full-year 2026 dividend per share guidance is $2.00.

VRSK 8-K: Earnings & Results

01—Abstract

Summary

Summary of the 8-K filed April 29, 2026. Cited figures are marked; the original filing is the authoritative source.

Verisk Analytics, Inc. (Nasdaq: VRSK) furnished a press release under Item 2.02 reporting its financial results for the first quarter ended March 31, 2026.

Revenue was $783 million^a, up 3.9% (4.7% on an organic constant currency basis, a non-GAAP measure). Net income was $234 million, up 0.8%, and diluted GAAP EPS was $1.73, up 4.8%. Adjusted EBITDA was $438 million, up 5.0% (5.9% on an OCC basis), and diluted adjusted EPS was $1.82, up 5.2%.

Management attributed revenue growth to price increases in underwriting and new and expanded client relationships, while claims revenue rose 4.3% on anti-fraud analytics and casualty solutions. Cash flow was weaker: net cash from operating activities was $390 million^b, down 12.2%, and free cash flow was $326 million, down 16.5%, which the company attributed to a tax refund received in the prior year that did not recur and higher interest payments. Capital return was significant in the quarter.

The company executed a $1.5 billion^c Accelerated Share Repurchase Program, received an initial delivery of 6,986,302 shares at $182.50, repurchased $126.1 million of stock in the open market, and had $1.0 billion remaining under its repurchase authorization at quarter end. Balance sheet data show cash of $524.5 million and long-term debt of $4,217.2 million at March 31, 2026, with total stockholders' deficit of $1,166.9 million.

Management reaffirmed full-year 2026 guidance, including total revenue of $3,190 million to $3,240 million^d, adjusted EBITDA of $1,790 million to $1,830 million, and diluted adjusted EPS of $7.45 to $7.75. The board also approved a $0.50 per share quarterly dividend payable June 30, 2026.

02—Key points

Key Highlights

Revenue of $783 million rose 3.9% reported and 4.7% on an OCC basis; underwriting revenue grew 3.8% and claims revenue grew 4.3%.
Adjusted EBITDA of $438 million rose 5.0% (5.9% OCC), with adjusted EBITDA margin of 55.9% versus 55.3% a year earlier.
Diluted GAAP EPS of $1.73 rose 4.8%; diluted adjusted EPS of $1.82 rose 5.2%, aided by a lower average share count.
Operating cash flow fell 12.2% to $390 million and free cash flow fell 16.5% to $326 million, due to a non-recurring prior-year tax refund and higher interest payments.
A $1.5 billion Accelerated Share Repurchase Program was executed, with $1.0 billion of repurchase authorization remaining at March 31, 2026.
Full-year 2026 guidance was reaffirmed: revenue of $3,190 million to $3,240 million and diluted adjusted EPS of $7.45 to $7.75.
Total debt rose: long-term debt was $4,217.2 million at March 31, 2026, and the company reported a total stockholders' deficit of $1,166.9 million.

03—Questions

Frequently Asked Questions

How did Verisk perform in the first quarter of 2026?
Revenue grew 3.9% to $783 million (4.7% organic constant currency), adjusted EBITDA grew 5.0% to $438 million, and diluted GAAP EPS rose 4.8% to $1.73. Net income increased 0.8% to $234 million.
Why did cash flow decline in the quarter?
Net cash provided by operating activities fell 12.2% to $390 million and free cash flow fell 16.5% to $326 million. The company attributed the decline to a tax refund received in the prior year that did not recur and higher interest payments, which reflected higher debt balances partly offset by higher interest income on cash.
What capital return actions did Verisk take?
The company executed a $1.5 billion Accelerated Share Repurchase Program, receiving an initial delivery of 6,986,302 shares at $182.50, representing about 85 percent of the aggregate purchase price. It also repurchased $126.1 million of stock in the open market and paid a $0.50 per share dividend on March 31, 2026.
What is the company's full-year 2026 outlook?
Management reaffirmed guidance 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. Management expects growth to return to levels consistent with its long-term targets as the year progresses.
What dividend did the board approve?
On April 27, 2026, the board approved a cash dividend of $0.50 per share, payable June 30, 2026, to holders of record as of June 15, 2026. The full-year 2026 dividend per share guidance is $2.00.

04—Continue

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