Verisk Q3 FY2026: revenue $809 million, adjusted EPS up 14.0%
Verisk's third quarter was a tale of two scorecards: the subscription business accelerated, but cash generation fell. Revenue rose 5.3% to $809 million and adjusted EPS climbed 14.0%, while free cash flow dropped 40.5% to $200 million. Below, read revenue and EPS against the year-ago quarter, then use the guidance section to see what the unchanged $3.19–$3.24 billion outlook still requires.
1 · Expected vs. Actual
Free preview belowGAAP EPS was $1.70, up 5.6% from $1.61, while diluted adjusted EPS rose 14.0% to $1.96 from $1.72. The gap matters: operating income grew 5.6% to $365.3 million, so a large slice of the adjusted EPS gain came from a shrinking share count — 129.2 million diluted shares versus 139.9 million a year earlier. Net income actually fell 2.8% to $219.2 million, hit by a $17.5 million investment loss and $53.0 million of net interest expense.
Revenue of $809 million was up 5.3% as reported and 7.4% on an organic constant currency basis, and it edged past the $806.3 million booked in Q2. Underwriting, the larger segment at $568 million, grew 7.7% on an OCC basis, while Claims at $241 million grew 6.7%. Gross margin held at 70.1%, exactly where it sat a year earlier.
Full-year 2026 guidance is unchanged: revenue of $3.19–$3.24 billion, an adjusted EBITDA margin of 56.0%–56.5%, and diluted adjusted EPS of $7.45–$7.75. Nine-month revenue was $2.40 billion, so reaching the range needs roughly $0.79–$0.84 billion in the fourth quarter, bracketing the $809 million just delivered. Management also reiterated the $2.00 per-share dividend.
Log in to read 35 analyses a week for free
Create a free account to read 35 full earnings analyses each week — all five steps: expected vs. actual, guidance tracker, money flow, balance sheet and risks. Members get unlimited access.
Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-05
Answers are based on the earnings release and the analysis above. Free accounts get 3 questions a week; members get 30 a day.