Verisk Analytics, Inc. Q3 2026 Earnings Recap

Verisk’s shares rose 6.9% after earnings, as 7.4% organic constant-currency revenue growth, stronger-than-anticipated transactional revenue, and maintained 2026 guidance supported the positive reaction. Growth returned to levels in line with the company’s medium-term targets, though softer insurance markets and lower weather-related activity are weighing on some customers.

Key Takeaways

• Organic constant-currency revenue grew 7.4%; subscription revenue rose 8.2% and transactional revenue grew 3.2%, which management said was stronger than anticipated.
• Organic constant-currency adjusted EBITDA increased 7.5%, while diluted adjusted EPS rose 14%, reflecting the impact of share buybacks.
• Verisk maintained its 2026 guidance and said it expects performance in line with its Investor Day targets.
• Management described insurance markets as stable but softer, particularly in commercial lines, property and reinsurance. Lower catastrophe losses have reduced demand for some contractor and adjustor clients, which represent about 10% of revenue, and contributed to collection pressures and a small number of bankruptcies.
• The company reported increased client activity around AI pilots and licenses, but noted that insurers are deliberate in assessing the technology’s reliability and returns.