Slide 1: 1Q 2026 Earnings Presentation
1Q 2026 Earnings Presentation April 29, 2026 verisk.com © Verisk Analytics, Inc. All rights reserved.
Slide 2: Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures
1Q 2026 Earnings Presentation Forward-Looking Statements, Safe Harbor, and Non-GAAP Financial Measures Forward-Looking Statements This release contains forward-looking statements about Verisk’s future performance, including those related to our financial guidance. These statements relate to future e
Slide 3: 1Q 2026 Highlights
1Q 2026 Earnings Presentation 1Q 2026 Highlights Financial Highlights Strategic Highlights • Delivered OCC revenue growth of 4.7% • Held Investor Day on March 5th – Underwriting OCC growth of 5.3% • Hosted key client events during the quarter – Claims OCC growth of 3.4% – Signature Insurance Fraud M
Slide 4: 1Q 2026 Financial Summary
1Q 2026 Earnings Presentation 1Q 2026 Financial Summary Revenue Adj EBITDA Adj EBITDA Margin Diluted Adj EPS Free Cash Flow $783M $438M 55.9% $1.82 $326M +4.7% (OCC) +5.9% (OCC) +60 bps +5.2% -16.5% Underwriting Claims Subscription Transactional +5.3% +3.4% +7.0% -6.1% OCC Revenue Growth OCC Revenue
Slide 5: Financial Results
Financial Results 5 © Verisk Analytics, Inc. All rights reserved.
Slide 6: Financial Results
Financial Results Financial Results ($ in millions except per share amounts) 1Q26 1Q25 YoY Change OCC Growth Revenue $783M $753M 3.9% 4.7% Adjusted EBITDA 438 417 5.0% 5.9% Adjusted EBITDA Margin 55.9% 55.3% 60 bps - Diluted GAAP EPS $1.73 $1.65 4.8% - Diluted Adj EPS $1.82 $1.73 5.2% - Free Cash Fl
Slide 7: Revenue Breakdown
Financial Results Revenue Breakdown ($ in millions) $753 $773 $768 $779 $783 $717 $725 $736 $704 $221 $223 $226 $223 $231 $206 $209 $218 $224 $498 $508 $507 $512 $532 $550 $542 $556 $552 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Underwriting Claims Total OCC Growth Rates 1Q24 2Q24 3Q24 4Q24 1Q25
Slide 8: Subscription vs. Transactional Growth
Financial Results Subscription vs. Transactional Growth Organic Constant Currency (OCC) OCC Growth Subscription Transactional Total 1Q26 Highlights FY23 8.6% 9.2% 8.7% • Total revenue growth of 4.7% 1Q24 7.8% 3.1% 6.9% – Continued growth in Underwriting and Claims 2Q24 8.3% (3.0)% 6.0% • Subscriptio
Slide 9: Adjusted EBITDA & Adjusted EBITDA Margin
Financial Results Adjusted EBITDA & Adjusted EBITDA Margin ($ in millions) Adjusted EBITDA Total Adjusted EBITDA Margin 13.5% 10.6% 9.5% 9.7% 8.5% 7.2% 8.8% 6.2% 5.9% 57.6% 55.8% 56.2% 56.3% $445 $437 $438 $429 55.3% $417 55.4% 55.2% $397 $401 $398 56.1% $380 54.0% 54.7% 55.6% 55.7% 55.9% 55.0% 54.6
Slide 10: 2026 Outlook
Financial Results 2026 Outlook Metric 2025 Results(1) 2026 Guidance Total Revenue $3,073M $3,190 – $3,240M Adjusted EBITDA $1,727M $1,790 – $1,830M Adjusted EBITDA margin 56.2% 56.0% – 56.5% Diluted Adjusted EPS $7.16 $7.45 – $7.75 Tax rate 22.5% 23% – 26% Capex $244M $260 – $280M Fixed asset D&A $2
Slide 11: Cash Flow and Capital
Cash Flow and Capital 11 © Verisk Analytics, Inc. All rights reserved.
Slide 12: Recent Capital Actions
Cash Flow and Capital Recent Capital Actions Debt • Raised $1.5B of debt to finance the $1.5B ASR, which consisted of the following: – $500M of 4.45% senior notes due 2031 – $500M of 5.125% senior notes due 2036 – $500M 364-day Term Loan • Repaid $250M of Term Loan • Redeemed $1.5B of debt in connec
Slide 13: Capital Structure
Cash Flow and Capital Capital Structure $1,400M as of $1,250M (in $ millions) Mar 31, 2026 $1,200M Bonds $4,250M 364-Day Term Loan Facility $250M $1,000M Revolver Drawn **$XXXM- $800M Total Debt1 $4,500M $700M $600M $600M $600M Debt/EBITDA2 2.4x $500M $500M $500M $500M $400M $350M Investment Grade R
Slide 14: Commitment to Returning Capital
Cash Flow and Capital Commitment to Returning Capital Dividends & Share Buybacks since Dividend Initiation Dividends Share Repurchase Dividend YoY Payout Share % of Shares Year Per Share1 Growth (%) Ratio2 (%) Year Repurchase ($M) Outstanding Free Cash Flow 2019 $1.00 -- 23% 2019 $300M 1.3% $740M 20
Slide 15: Cash Flow Utilization
Cash Flow and Capital Cash Flow Utilization (in $ millions) 2024 2025 1Q25 1Q26 Net cash provided by operating activities1,2 $1,144M $1,436M $445M $390M Capital expenditures (224)M (244)M (54)M (64)M Free cash flow (FCF) 920M 1,192M 391M 326M Acquisitions and divestitures3 95M (111)M (4)M (1)M Net d
Slide 16: Appendix
Appendix Supplemental Slides and/or Non-GAAP Reconciliations 16 © Verisk Analytics, Inc. All rights reserved.
Slide 17: 2025 Revenue Contribution
Appendix 2025 Revenue Contribution Catastrophe and Risk Solutions UWS International 13% 2% Specialty Business Verisk Marketing Solutions Solutions 4% 2% Life Solutions 4% Property and Restoration Solutions Underwriting Data 14% Analytics Solutions 14% $3.07B Revenue Anti-Fraud 10% Underwriting Claim
Slide 18: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations Specified Metrics We have provided certain non-GAAP financial information as supplemental information regarding our operating results. These measures are not in accordance with, or an alternative for, U.S. GAAP and may be different from non-GAAP measures reported by
Slide 19: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations Segment Results and EBITDA | Current and Prior-Year Period Segment Results Summary and Adjusted EBITDA Reconciliation 1Q26 1Q25 Revenues $782.6M $753.0M Revenues from acquisitions and dispositions (6.4) (17.3) Organic revenues 776.2 735.7 Net Income 234.2 232.3 Depr
Slide 20: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations Adjusted Net Income/EPS and Free Cash Flow | Current and Prior-Year Period Adjusted Net Income and EPS 1Q26 1Q25 Net income $234.2M $232.3M plus: Amortization of intangibles 14.4 15.8 less: Income tax effect on amortization of intangibles (3.8) (4.1) plus: Acquisiti
Slide 21: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations Segment Results and EBITDA | FY 2025 and 2024 Segment Results Summary and Adjusted EBITDA Reconciliation FY25 FY24 Revenues $3,072.7M $2,881.7M Revenues from acquisitions and dispositions (31.1) (35.9) Organic revenues 3,041.6 2,845.8 Net income 908.3 957.5 Less: In
Slide 22: Non-GAAP Reconciliations
Appendix Non-GAAP Reconciliations Adjusted Net Income/EPS and Free Cash Flow | FY 2025 and 2024 Adjusted Net Income and EPS FY25 FY24 Net income $908.3M $957.5M less: (Income) loss from discontinued operations 0.0 (6.8) Income from continuing operations 908.3 950.7 plus: Amortization of intangibles