VR

Verisk Analytics, Inc. stock research

Mar 31, 2025

FY2025 Q1

Verisk Analytics (VRSK) Gross Margin — Quarter Ended Mar 31, 2025

Revenue increased compared to both the prior quarter and the same quarter a year ago. Gross profit also rose, while cost of revenue was slightly higher than the prior quarter but remained relatively stable year-over-year, leading to an improvement in gross margin. The company's filing noted that it has historically generated significant cash flows from operations.

Gross margin takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue increased compared to both the prior quarter and the same quarter a year ago. Gross profit also rose, while cost of revenue was slightly higher than the prior quarter but remained relatively stable year-over-year, leading to an improvement in gross margin. The company's filing noted that it has historically generated significant cash flows from operations.

  • The strongest observable driver was the improvement in gross margin, reflecting that gross profit grew at a faster pace than revenue.
  • Compared to the immediately preceding quarter, revenue and gross profit were higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, and gross margin also improved.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

69.3%

Gross profit

$522.2M

Revenue

$753.0M

Cost of revenue

$230.8M

Quarter-over-quarter change

+0.7 pts

Year-over-year change

+1.7 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Jun 30, 2024$716.8M$497.4M$219.4M69.4%
Sep 30, 2024$725.3M$501.9M$223.4M69.2%
Dec 31, 2024$735.6M$505.1M$230.5M68.7%
Mar 31, 2025$753.0M$522.2M$230.8M69.3%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Dec 31, 2024

+0.7 pts

Year-over-year change

Mar 31, 2024

+1.7 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

The strongest observable driver was the improvement in gross margin, reflecting that gross profit grew at a faster pace than revenue.

Compared to the immediately preceding quarter, revenue and gross profit were higher, and gross margin improved. Compared to the same quarter one year earlier, revenue and gross profit were higher, and gross margin also improved.

Monitor the relationship between cost of revenue and revenue, as cost of revenue was relatively stable despite revenue growth.

VRSK Gross Margin — Quarter Ended Mar 31, 2025