Verisk Analytics reported second-quarter 2026 results with revenue of $806.3 million, up 4.3% year-over-year (5.8% on an organic constant currency basis), and adjusted diluted EPS of $1.98, a 5.3% increase. GAAP net income was $228.6 million and diluted GAAP EPS was $1.75. The company generated strong operating cash flow of $366.0 million and free cash flow of $297.9 million for the quarter.

Financial Highlights

  • Revenue: $806.3 million for Q2 2026, up 4.3% reported and up 5.8% on an organic constant currency (OCC) basis.
  • Net income (GAAP): $228.6 million for Q2 2026 (down 9.8% year-over-year).
  • Adjusted EBITDA (non-GAAP): $463.6 million for Q2 2026, up 4.2% reported and up 7.4% on an OCC basis; adjusted EBITDA margin 57.5%.
  • Diluted GAAP EPS: $1.75 for Q2 2026 (down 3.3% year-over-year); Diluted adjusted EPS (non-GAAP): $1.98, up 5.3%.
  • Cash flow and capital return: Net cash provided by operating activities $366.0 million (up 49.7%); free cash flow $297.9 million (up 57.9%); paid $0.50 quarterly dividend and initiated a $200 million accelerated share repurchase program.

Business Highlights

  • Underwriting segment revenue increased 3.5% reported (5.6% OCC), driven by annual price increases from enhancements to forms, rules and loss cost services and expanded catastrophe and risk solutions sales.
  • Claims segment revenue grew 6.3% reported (6.1% OCC), led by demand for anti-fraud analytics and property and restoration solutions.
  • Management emphasized continued investment in proprietary datasets and deployment of advanced AI technologies across data assets to deepen client value and support future growth.
  • Operational discipline contributed to sequential acceleration in growth, with strong underlying subscription revenue and healthy margins supporting reinvestment and capital returns.
  • Board approved a subsequent cash dividend of $0.50 per share payable September 30, 2026; the company reported $800 million remaining under its share repurchase authorization after initiating the ASR.

Original SEC Filing:

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