Business Operations - Verisk completed the sale of its Energy business on February 1, 2023[17]. - The marketing solutions business was sold for a net cash price of $80 million to ActiveProspect, Inc. on December 31, 2025[50]. - The company has acquired 10 businesses since 2022, allowing entry into new markets and enhancement of existing services with proprietary data sources[72]. - The company acquired 6 businesses since January 1, 2023, impacting the comparability of consolidated results[209]. - The acquisition of SuranceBay, LLC for $163.1 million aims to streamline insurance processes and enhance workflows in the life and annuity industry[210]. - The acquisition of Simplitium Limited for $19.7 million provides access to over 300 third-party models, enhancing data and technology tools for insurers[211]. - The sale of the Energy business for $3,066.4 million resulted in a loss of $131.1 million and was classified as discontinued operations[214][215]. Financial Performance - Revenues for the year ended December 31, 2025, were $3,072.7 million, an increase of $191.0 million or 6.6% compared to $2,881.7 million in 2024[216]. - Underwriting revenue increased by $155.6 million or 7.7%, while claims revenue increased by $35.4 million or 4.1%[216]. - Approximately 70% of the company's revenue for the year ended December 31, 2025, was derived from solutions provided to U.S. P&C primary insurers[115]. - EBITDA for the year ended December 31, 2025, is a critical measure of performance, with the company focusing on balancing revenue growth with cost management[192][194]. - The company reported year-over-year revenue growth as a key performance metric, driven by increased sales to existing and new customers, as well as strategic acquisitions[191]. Client and Market Engagement - In 2025, Verisk's clients included all of the top 100 property and casualty insurance providers in the U.S.[18]. - Over 80% of Verisk's revenues in 2025 were generated from annual subscriptions or long-term agreements[24]. - The company segments its client base into three tiers: Tier One for significant customers, Tier Two for large and middle-market clients, and Tier Three for smaller specialized companies[76]. - The company’s client strategy emphasizes a structured, multi-tiered sales approach, enhancing customer engagement and satisfaction through specialized teams[74]. Data and Technology - Verisk maintains an underwriting database of more than 38.9 billion statistical records, including approximately 10.2 billion commercial lines records and 28.7 billion personal lines records[33]. - The company processes approximately 2,000 regulatory filings each year to ensure compliance with legal and regulatory requirements[27]. - The claims database analyzes over 1.9 billion claim records, making it the world's largest database for P&C claims information, supporting fraud detection and compliance reporting[59]. - The company provides a patented plan-sketching program that assists in estimating repair costs, improving accuracy in claims processing[54]. - The company’s anti-fraud solutions predict the likelihood of fraud and detect suspicious activity, enhancing profitability for clients[58]. - The company’s casualty solutions focus on compliance and workflow automation, leveraging AI for efficient claims processing and decision support[63]. - The company has developed catastrophe models for hurricanes, earthquakes, and other events in over 120 countries[43]. Employee Engagement and Workforce - The company employs approximately 8,000 employees globally, with 57% based in the U.S., and has a good relationship with its workforce, experiencing no significant labor disputes[86][87]. - The employee engagement score for 2025 is 80%, improving by 2 percentage points since 2024, and the company has been recognized as a Great Place to Work for ten consecutive years[98]. - The company offers competitive salaries and benefits, including a 401(k) program with a 100% company match up to 6%[95]. Compliance and Risk Management - The company is licensed as a rating and advisory organization under state insurance codes in all 50 states, providing statistical and actuarial services to P&C insurers[103]. - The company faces potential litigation related to intellectual property infringement, which could restrict its ability to use and provide technologies[142]. - Legal and regulatory risks, including data privacy laws, could adversely affect the company’s ability to conduct business and its financial position[138]. - Compliance with evolving procurement laws and regulations is critical, as violations could harm the company’s reputation and result in penalties[145]. - The company relies on external data sources, and loss of access to these sources could adversely affect its ability to provide solutions[109]. Market Challenges - The company faces a long selling cycle for new contracts, which incurs significant business development expenses without guaranteed revenue[114]. - The demand for the company's solutions may decrease due to the increasing availability of free or inexpensive public information[111]. - The company is subject to competition in various markets, which may hinder its ability to maintain a competitive position[108]. - A downturn in the U.S. insurance industry could lead to a decline in revenues, significantly impacting the company's financial results[115]. - Cybersecurity breaches could harm the company's reputation and result in loss of customers[126]. - Changes in tax laws or audits could materially impact the company's effective tax rate and financial position[124]. Strategic Initiatives - The Reimagine program includes significant enhancements to existing solutions and new digital workflow tools[36]. - The company plans to invest in new solutions and businesses, which may offset margin expansion despite historical improvements in EBITDA margin[199]. - The company has substantially completed the implementation of a new Enterprise Resource Planning (ERP) system, which is critical for managing business operations[155]. - Any disruptions in the ERP system's design or implementation could adversely affect the company's operations and financial condition[156]. Shareholder Information - As of December 31, 2025, the ten largest shareholders owned 39.3% of the company's common stock, which could lead to stock price declines if substantial sales occur[157]. - Approximately 137,941,888 shares of common stock were outstanding as of February 13, 2026, under equity incentive plans, which may affect stock price due to potential future issuances[158]. - The company has paid cash dividends of $251.1 million and $221.3 million during the years ended December 31, 2025, and 2024, respectively[181]. - The company has a publicly announced share repurchase plan and has repurchased a total of 92,798,595 shares since its IPO through December 31, 2025[181]. - As of December 31, 2025, the company had $967.5 million available for share repurchases under its authorization, with a total of 1,022,624 shares repurchased in Q4 2025 at an average price of $218.99 per share[186].

Exhibit 99.1 Verisk Reports Fourth-Quarter and Full-Year 2025 Financial Results Fourth Quarter Highlights Full-Year 2025 Highlights JERSEY CITY, N.J., February 18, 2026 — Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today announced results for the fourth quarter and fiscal year ended December 31, 2025. The earnings release is available on the company's Investor Relations website at investor.verisk.com. Lee Shavel, President and CEO, Veris ...

Core Insights - Verisk reported solid financial results for the fourth quarter and full year 2025, aligning with long-term growth targets, and expressed confidence in future performance [4][5]. Financial Performance - Fourth quarter revenue was $779 million, a 5.9% increase from the previous year, while full-year revenue reached $3,073 million, up 6.6% [7][8]. - Net income for the fourth quarter was $197 million, down 6.2%, and for the full year, it was $908 million, down 5.1% due to prior year gains [8][12]. - Adjusted EBITDA for the fourth quarter was $437 million, up 9.8%, and for the full year, it was $1,727 million, up 9.6% [9][15]. - Diluted adjusted EPS increased by 13.0% in the fourth quarter to $1.82 and by 7.8% for the full year to $7.16 [20][21]. Cash Flow and Capital Return - Net cash provided by operating activities increased by 34.4% in the fourth quarter to $343 million and by 25.5% for the full year to $1,436 million [21][22]. - Free cash flow rose by 38.0% in the fourth quarter to $276 million and by 29.5% for the full year to $1,192 million [19][21]. - The board approved an 11% increase in the dividend to $0.50 per share and a $2.5 billion share repurchase authorization [5][26]. Business Segments - Underwriting revenues increased by 8.7% in the fourth quarter and 7.7% for the full year, driven by forms, rules, and loss cost services [11][14]. - Claims revenues decreased by 0.7% in the fourth quarter but increased by 4.1% for the full year, primarily due to growth in anti-fraud solutions [14]. Strategic Actions - The company terminated its agreement to acquire AccuLynx due to regulatory delays and sold Verisk Marketing Solutions, which contributed $68 million to revenue in 2025 [24][25]. - The company is leveraging generative and agentic AI solutions to enhance client support and operational efficiency [4].

Core Insights - S&P Global Energy and Verisk have announced a collaboration to provide climate catastrophe exposure data and insights for the financial and insurance sectors, aiming to quantify the financial impacts of climate and natural catastrophe events [1][2] - This partnership addresses the urgent need for robust risk analytics in light of recent record-setting losses from natural hazards, creating a new industry benchmark for climate risk intelligence [1] Industry Applications - **Real Estate**: The collaboration offers insights and modeling capabilities to understand insured and uninsured risks, helping identify growth opportunities [1] - **Asset Management**: It enhances climate and physical hazards risk analysis with decision-grade data, allowing asset managers to mitigate climate-driven risks across real estate holdings [1] - **Finance**: The partnership meets rising regulatory and investor expectations for climate-risk disclosure, providing actionable insights for effective risk-mitigation and lending strategies [1] - **Insurance**: It reduces uncertainty in underwriting future climate-related flood exposure, enabling banks and insurers to enhance portfolio stress testing and optimize capital allocation [1] Data Integration and Innovation - Verisk's climate catastrophe risk data will be integrated into S&P Global Sustainable1's climate risk platform, allowing for the assessment of insured versus uninsured losses due to climate change [1] - The collaboration will also incorporate climate-adjusted inland flood data with Verisk's event simulations to model future climate events through 2050, providing a cutting-edge dataset for insurers [1] - The combined risk intelligence metrics will empower clients to quantify, disclose, and manage exposure to financial impacts from physical hazards and climate risk [1]

Core Insights - Verisk (VRSK) is set to release its fourth-quarter fiscal 2025 results on February 18, with expectations of surpassing earnings estimates based on past performance [1][11] Revenue Expectations - The Zacks Consensus Estimate for VRSK's revenues is $771.4 million, reflecting a year-over-year increase of 4.9% [2] - Revenue growth is attributed to the Reimagine program's effective pricing strategies across all client tiers, along with subscription growth in Extreme Event Solutions and strong price realization in the anti-fraud business [3][11] - The underwriting segment is expected to generate revenues of $541.1 million, up 5.7% year-over-year, while the claims segment is projected to bring in $230.2 million, indicating a 2.8% increase from the previous year [4] Geographic Revenue Breakdown - U.S. revenues are estimated at $633.2 million, a 4.3% increase from the prior year [5] - U.K. revenues are projected to reach $62.3 million, representing a 7.1% year-over-year rise [5] - Revenues from other countries are expected to be $75.4 million, suggesting a growth of 7.5% year-over-year [5] Earnings Per Share (EPS) Projections - The consensus estimate for EPS is $1.58, which indicates a decline of 1.9% compared to the same quarter last year, primarily due to increased depreciation, interest expenses, and a higher tax rate [6][11] Earnings Prediction Model - Current analysis indicates that VRSK does not have a strong likelihood of beating earnings estimates this quarter, with an Earnings ESP of -1.27% and a Zacks Rank of 3 (Hold) [7]

New Jersey-based Verisk Analytics, Inc. (VRSK) sits at the heart of the global insurance ecosystem, serving as a trusted data analytics and technology partner to insurers around the world. The company equips its clients with powerful insights that sharpen underwriting, streamline claims processing, detect fraud and enhance overall operating efficiency. By blending advanced analytics, purpose-built software, scientific research and deep industry expertise, Verisk helps insurers navigate complex global ris ...

Core Viewpoint - Verisk Analytics, Inc. has experienced a significant decline in its stock price, dropping approximately 25% since the end of January and nearly 50% from last summer's highs, returning to 2023 price levels [3][4]. Group 1: Stock Performance - Shares of Verisk are currently trading around $170, marking a substantial decrease from previous highs [3]. - The stock has lost close to 50% since summer 2025, indicating a severe downturn in investor sentiment [9]. Group 2: Investor Sentiment and Market Dynamics - A disappointing earnings report has heightened concerns regarding slowing growth, leading to a perception that the stock's valuation was overstretched relative to its growth potential [4]. - The relative strength index (RSI) for Verisk has fallen to 20, one of the lowest in its trading history, suggesting extremely oversold conditions and potential exhaustion of selling pressure [6][9]. Group 3: Potential for Recovery - Despite the ongoing decline, there are indications that the market may have overreacted, with contrarian investors considering the potential for a rebound as selling momentum appears to be waning [5][8]. - A bullish analyst call in early February suggests a potential upside of approximately 35%, enhancing the contrarian risk/reward scenario for investors [9].

Core Insights - Verisk has appointed Steven Kauderer as the president of its Claims Solutions business, effective immediately [1][9] - Kauderer brings over 30 years of experience in the insurance industry, having previously held senior roles at EY-Parthenon, McKinsey & Company, Bain & Company, and Oliver Wyman [2][3] - The appointment aims to enhance the claims process for insurers and policyholders through improved accuracy, efficiency, and speed [2][5] Leadership and Experience - Steven Kauderer previously led the transformation practice at EY-Parthenon, focusing on increasing value and driving profitable growth for financial services organizations [3] - His background includes leadership in global insurance practices with a focus on property and casualty and life insurance [3] - Kauderer holds a bachelor's degree from Vassar College and an MBA from Yale University [4] Company Overview - Verisk is a strategic data analytics and technology partner for the global insurance industry, helping clients improve operational efficiency and make informed decisions about global risks [6] - The company operates in over 20 countries and is recognized for fostering an inclusive culture [6]

Core Insights - The U.S. property/casualty insurance industry reported a significant improvement in underwriting performance, achieving a net underwriting gain of $35.3 billion through the first nine months of 2025, compared to a gain of $4 billion in the same period of 2024 [1][4]. Premium Growth - Net written premiums increased by 5.1% to $740.7 billion in Q3 2025, up from $704.8 billion in Q3 2024, indicating a shift towards adequate pricing and stable demand across most lines [3][4]. - Net earned premiums rose by 6.9% to $711.2 billion, compared to $665.5 billion in the previous year [3][4]. Losses and Expenses - Incurred losses and loss adjustment expenses saw a minimal increase of 0.6%, contrasting with a 2.7% rise in 2024 [3][4]. - Other underwriting expenses totaled $186.9 billion, up from $175.3 billion in the previous year [3]. Underwriting Performance - The combined ratio improved to 94.0%, down from 97.9% in the same period last year, marking the first time in a decade that it has fallen below 95 [4]. - Policyholders' surplus increased to $1.20 trillion from $1.12 trillion during the same period in 2024 [4]. Investment Income - Net investment income earned was $63.4 billion, compared to $61.5 billion in 2024 [3]. - Realized capital gains decreased to $15.6 billion from $75.5 billion in the previous year, although overall investment gains remained stable [4]. Industry Overview - The data reflects the performance of private property/casualty insurers in the U.S., accounting for approximately 97.9% of all business written [3]. - Verisk and APCIA collaborated to provide insights into these industry trends, highlighting the importance of data analytics in improving underwriting and claims outcomes [1][8].

Core Viewpoint - Verisk Analytics (VRSK) is characterized as a "durability" story, focusing on the sustainability of its profit stream over time rather than a "growth cycle" narrative that emphasizes rapid profit growth [1] Group 1: Company Overview - Verisk Analytics is positioned as a company with a strong emphasis on the endurance of its profit streams, indicating a stable business model [1] Group 2: Analyst Background - The analyst has over 13 years of diverse financial analysis experience across various sectors, including Auto, Industrials, and IT, which contributes to a comprehensive understanding of market dynamics [1] - The analyst's experience includes roles in treasury management at Ford and Caterpillar, as well as managing investor relations and strategic finance for a listed IT company with a market cap of approximately USD 2.5 billion [1] - The analyst has a background in equity research, developing expertise in market analysis, valuation models, and investment strategy [1]