Verisk Analytics (VRSK) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the most recent quarter compared to the previous quarter and also compared to the same period a year earlier. The company continues to generate growth from its subscription and advisory services.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the most recent quarter compared to the previous quarter and also compared to the same period a year earlier. The company continues to generate growth from its subscription and advisory services.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$675M
Revenue reported for this quarter.
Quarter-over-quarter
+3.6%
Change from the immediately preceding quarter.
Year-over-year
+10.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $610.1M | -19.6% |
| Dec 31, 2022 | $630.5M | +174.2% |
| Mar 31, 2023 | $651.6M | +1.2% |
| Jun 30, 2023 | $675M | +10.2% |
Revenue performance
Revenue rose from the immediately preceding quarter and from the same quarter one year prior, reflecting sustained demand.
Quarterly comparison
The quarter-over-quarter improvement was moderate, while the year-over-year increase was more pronounced, indicating stronger long-term momentum.
What to watch
The filing notes that subscriptions are generally prepaid and automatically renewed, which provides recurring revenue visibility.