Business
Verisk Reports First-Quarter 2025 Financial Results
First quarter revenue of $753 million, up 7.0%, and up 7.9% on an organic constant currency (OCC) basis.Net income of $232 million, up 5.9%.Adjusted EBITDA, a
About this update from Verisk Analytics, Inc.
[{"type":"text","content":"First quarter revenue of $753 million, up 7.0%, and up 7.9% on an organic constant currency (OCC) basis.Net income of $232 million, up 5.9%.Adjusted EBITDA, a non-GAAP measure, of $417 million, up 9.5%, and up 9.5% on an OCC basis.Diluted GAAP earnings per share of $1.65, up 8.6%.Diluted adjusted EPS, a non-GAAP measure, of $1.73, up 6.1%. JERSEY CITY, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced results for the first quarter ended March 31, 2025. The earnings release is available on the company’s Investor Relations website at investor.verisk.com. Lee Shavel, President and CEO, Verisk:“I am pleased to share that 2025 is off to a solid start at Verisk as we delivered broad-based top line growth across underwriting and claims and healthy profit growth. In an increasingly uncertain risk environment, we are keenly focused on supporting our clients with more insights and solutions that drive efficiency and automation to improve their operations. We continue to build on our role as a key strategic partner for the industry, investing in invention and innovation that moves the industry forward and creates long term value for clients and shareholders alike.\" Elizabeth Mann, CFO, Verisk:“Verisk delivered organic constant currency revenue growth of 7.9% and organic constant currency adjusted EBITDA growth of 9.5% in the first quarter of 2025. We returned over $250 million to shareholders through dividends and repurchases while continuing to invest in our business, demonstrating confidence in our resilient business model and the strength of our balance sheet. To that end, we are reiterating our financial guidance for 2025.\" Financial HighlightsSummary of Results (GAAP and Non-GAAP) from Continuing Operations(in millions, except per share amounts)Note: Adjusted EBITDA, diluted adjusted EPS, and free cash flow are non-GAAP measures. Three Months Ended March 31, 2025 2024 % Change Revenues $753 $704 7.0%Net income 232 219 5.9 Adjusted EBITDA 417 380 9.5 Diluted EPS attributable to Verisk 1.65 1.52 8.6 Diluted adjusted EPS 1.73 1.63 6.1 Net cash provided by operating activities 445 372 19.5 Free cash flow 391 317 23.3 Dividends per share 0.45 0.39 15.4 Revenue($ in millions)Note: OCC revenue growth is a non-GAAP measure. See “Non-GAAP Reconciliations” be...