Verisk Reports Third-Quarter 2025 Financial Results
VeriskVerisk(US:VRSK) Globenewswire·2025-10-29 11:15

Core Insights - Verisk is on track to meet its long-term growth targets, with strategic engagements leading to new opportunities and an expanded client base [2][3] - The company reported a 5.5% organic constant currency revenue growth in Q3 2025, despite temporary factors affecting growth [3][7] - Strong operating leverage resulted in an 8.8% growth in adjusted EBITDA and a 40% increase in free cash flow, showcasing the company's cash flow generation potential [3][7] Financial Performance - Q3 2025 revenues reached $768 million, a 5.9% increase from $725 million in Q3 2024 [5][7] - Net income for Q3 2025 was $226 million, up 2.5% from $220 million in Q3 2024 [5][9] - Adjusted EBITDA for Q3 2025 was $429 million, reflecting a 7.2% increase compared to $401 million in Q3 2024 [5][10] - Diluted EPS attributable to Verisk increased by 4.5% to $1.61, while diluted adjusted EPS rose by 3.0% to $1.72 [5][11] Revenue Breakdown - Underwriting revenues increased by 6.9% in Q3 2025, driven by forms, rules, loss cost services, and extreme event solutions [12] - Claims revenues grew by 3.6% in Q3 2025, primarily due to anti-fraud and casualty solutions [12] Cash Flow and Capital Return - Net cash provided by operating activities increased by 36.2% to $404 million in Q3 2025 [15][18] - Free cash flow for Q3 2025 was $336 million, a 39.6% increase from $241 million in Q3 2024 [15][18] - The company declared a cash dividend of $0.45 per share, reflecting a 15.4% increase from the previous year [15][18] Full Year 2025 Outlook - The updated revenue guidance for 2025 is projected between $3,050 million and $3,080 million [16] - Adjusted EBITDA is expected to be in the range of $1,690 million to $1,720 million, with a margin of 55.0% to 55.8% [16]