Verisk分析 2025年度报告

chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).☑Yes☐NoIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☑Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accountingstandards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment on the effectiveness of its internal control over financial reporting underSection 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to§240.10D-1(b).☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).☐Yes☑No As of June30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market value of the registrant’s common stock held by non-affiliatesof the registrant was $42,587,525,686based on the closing price reported on the NASDAQ Global Select Market on such date. As of February 13, 2026, there were 137,941,888shares outstanding of the registrant's Common Stock, par value $.001. DOCUMENTS INCORPORATED BY REFERENCE Certain information required by Part III of this annual report on Form 10-K is incorporated by reference to our definitive Proxy Statement for our 2026Annual Meeting of Shareholders, whichwill be filed with the Securities and Exchange Commission not later than 120 days after December 31, 2025. PARTIItem1. BusinessItem1A.Risk FactorsItem1B.Unresolved Staff CommentsItem 1C.CybersecurityItem2.PropertiesItem3.Legal ProceedingsItem4.Mine Safety Disclosures PARTIIItem5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem6.[Reserved]Item7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem7A.Quantitative and Qualitative Disclosures About Market RiskItem8.Consolidated Financial Statements and Supplementary DataConsolidated Balance SheetsConsolidated Statements of OperationsConsolidated Statements of Comprehensive IncomeConsolidated Statements of Changes in Stockholders' EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial StatementsItem9.Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem9A.Controls and ProceduresItem9B.Other InformationItem 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections PARTIIIItem10. Directors, Executive Officers and Corporate GovernanceItem11.Executive CompensationItem12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem13.Certain Relationships and Related Transactions and Director IndependenceItem14.Principal Accounting Fees and Services PARTIVItem15. Exhibits and Financial Statement ScheduleItem 16.Form 10-K Summary EXHIBIT INDEXSIGNATURESExhibit 21.1Exhibit 23.1Exhibit 31.1Exhibit 31.2Exhibit 32.1 Table of Contents Unless the context otherwise indicates or requires, as used in this annual report on Form 10-K, references to “we,” “us,” “our” or the “Company” refer to Verisk Analytics, Inc. and itssubsidiaries. In this annual report on Form 10-K, all dollar amounts are expressed in millions, unless indicated otherwise. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS Verisk Analytics, Inc. ("Verisk" or the "Company")has made statements under the captions “Business,” “Risk Factors,” “Management’s Discussion and Analysis of FinancialCondition and Results of Operations,” and in other sections of this annual report on Form 10-K that are forward-looking statements. In some cases, you can identify these statements byforward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” the negative of these termsand other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may incl