Verisk Analytics, Inc. VRSK
Verisk is a leading data, analytics, and technology provider serving clients in the insurance ecosystem. Using advanced technologies to collect and analyze billions of records, we draw on unique data assets, insurance industry knowledge, and technological expertise to provide valuable solutions that are integrated into client workflows. We offer predictive analytics and decision support solutions to clients in rating, underwriting, claims, catastrophe, weather risk, and many other fields. In the United States ("U.S.") and around the world, we help clients protect individuals, communities, and businesses. We completed the sale of our Energy business on February 1, 2023.
Our clients use our solutions to make better decisions about risk and improve operating efficiency. We refer to these products and services as solutions due to the integration among our services and the flexibility that enables our clients to purchase components or a comprehensive package. These solutions take various forms, including proprietary data assets, expert industry insight, statistical models, tailored analytic objects, and robust software platforms all designed to allow our clients to make more informed risk decisions. We believe our solutions for analyzing risk have a positive impact on our clients' revenues and help them better manage their costs. In 2025, our clients included all of the top 100 property and casualty ("P&C") insurance providers in the U.S. for the lines of P&C services we offer. We believe that our commitment to our clients and the embedded nature of our solutions serve to strengthen and extend our relationships.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Other Countries
- United Kingdom
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $2.52B | $2.39B | $2.24B |
| Other Countries | $300.3M | $281.2M | $253.0M |
| United Kingdom | $250.1M | $214.4M | $190.1M |
As the company reported it, from the “Note 6 - Revenues - Disaggregated Revenues (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Insurance - Underwriting
- Insurance - Claims
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Insurance - Underwriting | $2.18B | $2.02B | $1.89B |
| Insurance - Claims | $892.8M | $857.4M | $788.7M |
As the company reported it, from the “Note 6 - Revenues - Disaggregated Revenues (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.07B | $2.88B | $2.68B | $2.50B | $2.46B | $2.27B | $2.61B | $2.40B | $2.15B | $2.00B |
| Cost of revenue | $925.5M | $901.1M | $876.5M | $824.6M | $853.7M | $791.7M | $976.8M | $886.2M | $783.8M | $714.4M |
| Gross profit | $2.15B | $1.98B | $1.80B | $1.67B | $1.61B | $1.48B | $1.63B | $1.51B | $1.36B | $1.28B |
| R&D | $40.9M | $35.3M | $36.8M | $43.1M | $47.1M | $44.6M | $60.0M | $45.1M | $37.4M | $27.4M |
| SG&A | $458.2M | $408.7M | $391.8M | $381.5M | $313.2M | $308.2M | $603.5M | $378.7M | $322.8M | $301.6M |
| Total operating expenses | $1.73B | $1.63B | $1.55B | $1.09B | $1.55B | $1.31B | $1.91B | $1.56B | $1.34B | $1.23B |
| Operating income | $1.34B | $1.25B | $1.13B | $1.41B | $911.4M | $956.3M | $696.9M | $834.1M | $801.2M | $767.6M |
| Interest expense | $170.9M | $124.6M | $115.5M | $138.8M | $127.0M | $138.3M | $126.8M | $129.7M | $119.4M | $120.0M |
| Pre-tax income | $1.17B | $1.23B | $1.03B | $1.26B | $786.5M | $818.4M | $568.4M | $719.7M | $691.0M | $653.7M |
| Income tax | $263.0M | $277.9M | $258.8M | $220.3M | $179.4M | $164.6M | $118.5M | $121.0M | $135.9M | $202.2M |
| Net income | $908.3M | $958.2M | $614.6M | $953.9M | $666.2M | $712.7M | $449.9M | $598.7M | $555.1M | $591.2M |
| EPS, basic | 6.50 | 6.74 | 4.19 | 6.04 | 4.12 | 4.38 | 2.75 | 3.63 | 3.36 | 3.51 |
| EPS, diluted | 6.48 | 6.71 | 4.17 | 6.00 | 4.08 | 4.31 | 2.70 | 3.56 | 3.29 | 3.45 |
| Shares, diluted (wtd. avg.) | 140.1M | 142.8M | 147.3M | 158.9M | 163.3M | 165.3M | 166.6M | 168.3M | 168.7M | 171.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.18B | $291.2M | $302.7M | $292.7M | $280.3M | $218.8M | $184.6M | $139.5M | $142.3M | $135.1M |
| Receivables | $422.2M | $434.4M | $334.2M | $290.1M | $299.9M | $432.4M | $441.6M | $356.4M | $345.5M | $263.9M |
| Total current assets | $2.77B | $911.6M | $810.1M | $925.1M | $907.4M | $794.2M | $744.9M | $644.5M | $597.6M | $500.9M |
| Property, plant and equipment | — | — | $604.9M | $541.5M | $531.4M | $632.3M | $548.1M | $555.9M | $478.3M | $380.3M |
| Goodwill | $1.88B | $1.73B | $1.76B | $1.68B | $2.05B | $1.82B | $3.86B | $3.36B | $3.37B | $2.58B |
| Other intangibles | $346.6M | $392.4M | $471.7M | $504.8M | $482.3M | $1.38B | $1.40B | $1.23B | $1.35B | $1.01B |
| Total assets | $6.20B | $4.26B | $4.37B | $6.96B | $7.81B | $7.56B | $7.06B | $5.90B | $6.02B | $4.63B |
| Accounts payable | $319.1M | $249.8M | $340.8M | $292.8M | $262.1M | $407.3M | $375.0M | $250.9M | $225.4M | $184.0M |
| Short-term debt | $1.51B | $514.2M | $14.5M | $1.39B | $971.3M | $514.3M | $499.4M | $672.8M | $724.4M | $106.8M |
| Total current liabilities | $2.30B | $1.24B | $771.4M | $2.32B | $1.85B | $1.43B | $1.49B | $1.32B | $1.34B | $621.6M |
| Long-term debt | $4.77B | $3.09B | $2.88B | $3.74B | $3.32B | $3.22B | $3.15B | $2.74B | $3.03B | $2.41B |
| Total liabilities | $5.89B | $4.16B | $4.04B | $5.19B | $4.97B | $4.86B | $4.79B | $3.83B | $4.09B | $3.30B |
| Retained earnings | $7.81B | $7.15B | $6.42B | $6.00B | $5.24B | $4.76B | $4.23B | $3.94B | $3.31B | $2.75B |
| Total equity | $309.0M | $100.1M | $322.2M | $1.77B | $2.84B | $2.70B | $2.26B | $2.07B | $1.93B | $1.33B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.44B | $1.14B | $1.06B | $1.06B | $1.16B | $1.07B | $956.3M | $934.4M | $743.5M | $577.5M |
| Depreciation and amortisation | $259.2M | $233.6M | $206.8M | $197.1M | $206.9M | $192.2M | $185.7M | $165.3M | $135.6M | $126.2M |
| Stock-based compensation | $54.2M | $47.9M | $54.0M | $56.5M | $55.7M | $47.6M | $42.7M | $38.5M | $31.8M | $30.0M |
| Capital expenditure | $244.1M | $223.9M | $230.0M | $274.7M | $268.4M | $246.8M | $216.8M | $231.0M | $183.5M | $156.5M |
| Investing cash flow | -$358.1M | -$124.8M | $2.75B | $301.4M | -$592.0M | -$595.8M | -$927.9M | -$265.4M | -$1.11B | $493.2M |
| Financing cash flow | $795.2M | -$1.03B | -$3.79B | -$1.33B | -$498.9M | -$445.2M | $10.9M | -$669.8M | $362.5M | -$1.06B |
| Dividends paid | $251.1M | $221.3M | $196.8M | $195.2M | $188.2M | $175.8M | $163.5M | $0 | $0 | — |
| Buybacks | $624.0M | $1.00B | $2.76B | $1.66B | $475.0M | $348.8M | $300.0M | $438.6M | $276.3M | $326.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-004452.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $2.15B | $2.40B | $2.61B | $2.27B | $2.46B | $2.50B | $2.68B | $2.88B | $3.07B |
| Gross profit | $1.28B | $1.36B | $1.51B | $1.63B | $1.48B | $1.61B | $1.67B | $1.80B | $1.98B | $2.15B |
| Net income | $591.2M | $555.1M | $598.7M | $449.9M | $712.7M | $666.2M | $953.9M | $614.6M | $958.2M | $908.3M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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