Verisk Analytics (VRSK) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the most recent quarter, continuing the upward trajectory from earlier periods. The company's subscription-based model, with prepayments and automatic renewals, provides a foundation for consistent growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased in the most recent quarter, continuing the upward trajectory from earlier periods. The company's subscription-based model, with prepayments and automatic renewals, provides a foundation for consistent growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$725.3M
Revenue reported for this quarter.
Quarter-over-quarter
+1.2%
Change from the immediately preceding quarter.
Year-over-year
+7.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.8B
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 |
|---|---|---|
| Dec 31, 2023 | $677.2M | +7.4% |
| Mar 31, 2024 | $704M | +8.0% |
| Jun 30, 2024 | $716.8M | +6.2% |
| Sep 30, 2024 | $725.3M | +7.0% |
Revenue performance
Revenue growth was driven by strong demand for analytics solutions. Both sequential and year-over-year improvements indicate sustained business momentum.
Quarterly comparison
Compared to the immediately preceding quarter, revenue posted a modest gain. Against the same quarter one year earlier, the increase was more substantial.
What to watch
Monitor subscription renewal rates and cash flow trends, as these are critical for sustaining revenue momentum.