Verisk Analytics, a data analytics and technology provider, announced its financial results for the third quarter of 2025, reporting $768 million in revenue, up 5.9%, and up 5.5% on an organic constant currency (OCC) basis.
According to the announcement, this was partially offset by higher net interest expense in the current year and investment gain in the prior year.
The firm also reported a 6.9% growth, to $542 million, in underwriting revenues for the first quarter of 2025, a 5.8% increase on an OCC basis.
The increase was mainly driven by the company’s forms, rules and loss cost services, and extreme event solutions, with contributions from life solutions and specialty business.
Claims revenues grew 3.6% in the quarter and 5.0% on an OCC basis, primarily due to anti-fraud solutions and casualty solutions.
Verisk noted that growth was negatively impacted by a historically low level of severe weather activity in the quarter.
The firm reported significant growth in the quarter, with net cash provided by operating activities increasing by 36.2% and free cash flow rising by 39.6%.
This free cash flow growth was primarily due to higher operating profit, strategic timing of cash receipts, and reduced cash tax payment, partially offset by an increase in interest payments.
Lee Shavel, President and CEO, Verisk, said: “I am pleased to share that Verisk is on track to deliver another year in line with our long-term growth targets. Our continued strategic engagement across the industry is opening new opportunities to partner with our clients and expanding our client base to new ecosystem participants.
“Through our C-suite engagements, we continue to hear support for us to provide more data and integrate that data more deeply into systems and the industry ecosystem generally for efficiency.”
Elizabeth Mann, CFO, Verisk, commented: “In the third quarter 2025, Verisk organic constant currency revenue grew 5.5%. We did experience temporary factors including a historically low level of severe weather events which negatively impacted growth by approximately 1%.
“Through ongoing cost discipline, we delivered strong operating leverage, translating to 8.8% OCC adjusted EBITDA growth and 40% free cash flow growth demonstrating the strong cash flow generation potential of our business model. We continue to have great confidence in our ability to deliver results in line with our long-term growth targets for this year, for 2026 and beyond.”
Verisk also gave an update regarding its AccuLynx acquisition as it is now pending, subject to a Second Request from the FTC as part of the agency’s review of the proposed transaction.
the firm had previously announced its plans to acquire the SaaS platform – which provides end-to-end business management workflow for residential property contractors with expertise in roofing – for $2.35 billion in cash. The transaction was expected to close by the end of Q3 2025.
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