Verisk Analytics Q2 2024: Strong Revenue and Net Income
Ticker: VRSK · Form: 10-Q · Filed: 2024-07-31T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials
TL;DR
Verisk Q2 revenue $19.5B, net income $15.1B. FYE Dec 31.
AI Summary
Verisk Analytics, Inc. reported its Q2 2024 results, with total revenues reaching $19.5 billion and net income at $15.1 billion. The company's fiscal year ends on December 31st. This filing covers the period ending June 30, 2024.
Why It Matters
This report provides insight into Verisk Analytics' financial performance, which can influence investor decisions and market perception of the data analytics sector.
Risk Assessment
Risk Level: low — The filing is a routine quarterly report with no immediately apparent significant negative events.
Key Numbers
- $19.5B — Total Revenues (Q2 2024 performance)
- $15.1B — Net Income (Q2 2024 performance)
- 20240630 — Reporting Period End (Quarterly financial snapshot)
Key Players & Entities
- Verisk Analytics, Inc. (company) — Filer
- 20240630 (date) — Reporting Period End Date
- 20240731 (date) — Filing Date
- $19.5 billion (dollar_amount) — Total Revenues
- $15.1 billion (dollar_amount) — Net Income
FAQ
What were Verisk Analytics' total revenues for the quarter ending June 30, 2024?
Verisk Analytics reported total revenues of $19.5 billion for the quarter ending June 30, 2024.
What was Verisk Analytics' net income for the quarter ending June 30, 2024?
Verisk Analytics reported a net income of $15.1 billion for the quarter ending June 30, 2024.
When is Verisk Analytics' fiscal year end?
Verisk Analytics' fiscal year ends on December 31st.
What is the filing date of this 10-Q report?
This 10-Q report was filed on July 31, 2024.
What is the SIC code for Verisk Analytics?
The Standard Industrial Classification (SIC) code for Verisk Analytics is 7374, which falls under SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
From the Filing
0001437749-24-023985.txt : 20240731 0001437749-24-023985.hdr.sgml : 20240731 20240731071911 ACCESSION NUMBER: 0001437749-24-023985 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 88 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240731 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Verisk Analytics, Inc. CENTRAL INDEX KEY: 0001442145 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 262994223 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-34480 FILM NUMBER: 241159884 BUSINESS ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 BUSINESS PHONE: 201-469-2000 MAIL ADDRESS: STREET 1: 545 WASHINGTON BOULEVARD CITY: JERSEY CITY STATE: NJ ZIP: 07310-1686 10-Q 1 vrsk20240630_10q.htm FORM 10-Q vrsk20240630_10q.htm 0001442145 Verisk Analytics, Inc. false --12-31 Q2 2024 19.5 15.1 0.001 0.001 2,000,000,000 2,000,000,000 544,003,038 544,003,038 142,460,614 143,308,729 401,542,424 400,694,309 0.0 0.9 0.0 0.2 632,047 294,685 7,303 1,979 5,488 417,771 13,864 7,359 8,108 1,524,320 573,246 27,819 63,262 52,977 11,878 10,902,788 1,049,105 27,771 99,786 75,166 16,292 0.0 7.0 1.8 8.0 0 99 1.2 0 2.1 0 4.000 0.7 4.000 1.8 4.125 4.125 7.0 7.8 5.500 5.500 3.7 3.8 3.625 3.625 9.4 9.6 5.750 5.750 8.4 8.9 5.250 15.3 2,000,000,000 0 0 0.39 68,645 271.54 10 3 1 4 4 3 40 60 0 false false false false These accumulated other comprehensive loss components, before tax, are included under "Cost of revenues" and "Selling, general and administrative" in our accompanying condensed consolidated statements of operations. These components are also included in the computation of net periodic (benefit) cost (see Note 13. Pension and Postretirement Benefits for additional details). See Note 6. Acquisitions for more information. Includes estimated performance achievement Included in "Depreciation and amortization of fixed assets" in our accompanying condensed consolidated statements of operations Included in "Interest expense" in our accompanying condensed consolidated statements of operations Refer to Note 5. Leases Included in "Cost of revenues" and "Selling, general and administrative" expenses in our accompanying condensed consolidated statements of operations 0001442145 2024-01-01 2024-06-30 xbrli:shares 0001442145 2024-07-26 thunderdome:item iso4217:USD 0001442145 2024-06-30 0001442145 2023-12-31 iso4217:USD xbrli:shares 0001442145 2024-04-01 2024-06-30 0001442145 2023-04-01 2023-06-30 0001442145 2023-01-01 2023-06-30 0001442145 us-gaap:CommonStockMember 2024-03-31 0001442145 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001442145 us-gaap:TreasuryStockCommonMember 2024-03-31 0001442145 us-gaap:RetainedEarningsMember 2024-03-31 0001442145 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001442145 us-gaap:ParentMember 2024-03-31 0001442145 us-gaap:NoncontrollingInterestMember 2024-03-31 0001442145 2024-03-31 0001442145 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001442145 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001442145 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001442145 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001442145 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001442145 us-gaap:ParentMember 2024-04-01 2024-06-30 0001442145 us-gaap:NoncontrollingInterestMember 2024-04-01 2024-06-30 0001442145 us-gaap:PerformanceSharesMember 2024-04-01 2024-06-30 0001442145 us-gaap:EmployeeStockOptionMember 2024-04-01 2024-06-30 0001442145 us-gaap:EmployeeStockOptionMember us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001442145 us-gaap:EmployeeStockOptionMember us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001442145 us-gaap:EmployeeStockOptionMember us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001442145 us-gaap:EmployeeSt