Discontinued — last reported Q3 '24
Business Segments · Cost Of Revenue
Insurance — Cost Of Revenue
Verisk Analytics, Inc. Insurance — Cost Of Revenue increased by 1.8% to $223.40M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.9%, from $217.20M to $223.40M. Over 2 years (FY 2021 to FY 2023), Insurance — Cost Of Revenue shows an upward trend with a 11.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2024
Rolls up toTotal Cost of Revenue
How to read this metric
Lower costs relative to revenue indicate improved operational efficiency and scalability.
Detailed definition
The direct costs associated with delivering data and analytical services to insurance clients, including data acquisitio...
Peer comparison
Standard cost-of-goods-sold equivalent for service-based data companies.
Metric ID:
vrsk_segment_insurance_cost_of_revenueHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $172.80M | $176.90M | $181.50M | $193.80M | $190.70M | $192.20M | $205.20M | $216.20M | $216.90M | $217.20M | $226.20M | $227.80M | $219.40M | $223.40M |
| QoQ Change | — | +2.4% | +2.6% | +6.8% | -1.6% | +0.8% | +6.8% | +5.4% | +0.3% | +0.1% | +4.1% | +0.7% | -3.7% | +1.8% |
| YoY Change | — | — | — | — | +10.4% | +8.6% | +13.1% | +11.6% | +13.7% | +13.0% | +10.2% | +5.4% | +1.2% | +2.9% |
Range$172.80M – $227.80M
CAGR+8.2%
Avg YoY Growth+9.0%
Median YoY Growth+10.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Verisk Analytics, Inc.'s insurance — cost of revenue?
- Verisk Analytics, Inc. (VRSK) reported insurance — cost of revenue of $223.40M in Q3 2024.
- How has Verisk Analytics, Inc.'s insurance — cost of revenue changed year-over-year?
- Verisk Analytics, Inc.'s insurance — cost of revenue increased by 2.9% year-over-year, from $217.20M to $223.40M.
- What is the long-term trend for Verisk Analytics, Inc.'s insurance — cost of revenue?
- Over 2 years (2021 to 2023), Verisk Analytics, Inc.'s insurance — cost of revenue has grown at a 11.5% compound annual growth rate (CAGR), from $704.40M to $876.50M.
- What does insurance — cost of revenue mean?
- Direct costs incurred to provide services to insurance segment customers.