NASDAQ : VRSN
VeriSign, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 305.95 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 27.44B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
VeriSign, Inc. (VRSN) reported revenue of 1.73B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.73B | 1.66B | 1.56B | 1.49B | 1.42B | 1.33B |
| Cost of Revenue | 198.00M | 196.30M | 191.40M | 197.30M | 200.70M | 191.90M |
| Gross Profit | 1.53B | 1.46B | 1.37B | 1.30B | 1.22B | 1.14B |
| Selling, General & Admin | 247.10M | 235.70M | 211.10M | 204.20M | 195.40M | 188.40M |
| Research & Development | 108.00M | 103.60M | 96.70M | 91.00M | 85.70M | 80.50M |
| Operating Expenses | 355.10M | 339.30M | 307.80M | 295.20M | 281.10M | 268.90M |
| Operating Income | 1.18B | 1.12B | 1.06B | 1.00B | 943.10M | 866.80M |
| Interest Expense | -78.20M | -77.00M | -75.30M | -75.30M | -75.30M | -83.30M |
| Interest & Investment Income | 21.50M | 26.50M | 37.40M | 46.10M | 14.90M | 600.00K |
| Currency Exchange Gain (Loss) | 4.90M | |||||
| Other Non Operating Income (Expenses) | -2.80M | -2.00M | 1.60M | 200.00K | -2.50M | 200.00K |
| EBT Excluding Unusual Items | 1.12B | 1.07B | 1.02B | 976.50M | 880.20M | 784.30M |
| Other Unusual Items | -2.10M | |||||
| Pretax Income | 1.11B | 1.07B | 1.02B | 976.50M | 880.20M | 782.20M |
| Income Tax Expense | 261.90M | 242.80M | 236.20M | 158.90M | 206.40M | -2.60M |
| Net Income | 849.80M | 825.70M | 785.70M | 817.60M | 673.80M | 784.80M |
| Net Income to Common | 849.80M | 825.70M | 785.70M | 817.60M | 673.80M | 784.80M |
| Shares Outstanding (Basic) | 91.17M | 93.50M | 98.10M | 103.40M | 107.90M | 112.00M |
| Shares Outstanding (Diluted) | 91.55M | 93.80M | 98.20M | 103.50M | 108.00M | 112.20M |
| EPS (Basic) | 9.32 | 8.83 | 8.01 | 7.91 | 6.24 | 7.01 |
| EPS (Diluted) | 9.29 | 8.81 | 8.00 | 7.90 | 6.24 | 7.00 |
| Free Cash Flow | 1.02B | 1.07B | 874.50M | 808.00M | 803.70M | 754.20M |
| Free Cash Flow Per Share | 11.18 | 11.39 | 8.90 | 7.81 | 7.44 | 6.72 |
| Dividend Per Share | 3.20 | 2.31 | ||||
| Gross Margin | 88.57% | 88.15% | 87.71% | 86.79% | 85.91% | 85.55% |
| Operating Margin | 68.06% | 67.67% | 67.95% | 67.02% | 66.19% | 65.29% |
| Profit Margin | 49.07% | 49.84% | 50.45% | 54.76% | 47.29% | 59.11% |
| Free Cash Flow Margin | 59.12% | 64.49% | 56.15% | 54.12% | 56.40% | 56.81% |
| EBITDA | 1.21B | 1.15B | 1.10B | 1.04B | 990.00M | 914.70M |
| EBITDA Margin | 69.59% | 69.55% | 70.32% | 69.97% | 69.48% | 68.90% |
| D&A For EBITDA | 26.50M | 31.20M | 36.90M | 44.10M | 46.90M | 47.90M |
| EBIT | 1.18B | 1.12B | 1.06B | 1.00B | 943.10M | 866.80M |
| EBIT Margin | 68.06% | 67.67% | 67.95% | 67.02% | 66.19% | 65.29% |
| Effective Tax Rate | 23.56% | 22.72% | 23.11% | 16.27% | 23.45% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 206.80M | 307.90M | 206.70M | 240.10M | 373.60M | 223.50M |
| Short-Term Investments | 269.30M | 272.60M | 393.20M | 686.30M | 606.80M | 982.30M |
| Cash & Short-Term Investments | 476.10M | 580.50M | 599.90M | 926.40M | 980.40M | 1.21B |
| Accounts Receivable | 9.60M | 7.70M | 5.60M | 6.30M | 6.20M | 5.30M |
| Other Receivables | 22.00M | 7.20M | 2.20M | 7.30M | 1.90M | 7.70M |
| Receivables | 31.60M | 14.90M | 7.80M | 13.60M | 8.10M | 13.00M |
| Prepaid Expenses | 35.70M | 28.10M | 30.80M | 23.30M | 24.50M | 24.80M |
| Other Current Assets | 30.10M | 29.00M | 25.30M | 25.00M | 25.70M | 25.10M |
| Total Current Assets | 573.50M | 652.50M | 663.80M | 988.30M | 1.04B | 1.27B |
| Property, Plant & Equipment | 221.20M | 223.50M | 233.80M | 240.60M | 239.20M | 259.60M |
| Goodwill | 52.50M | 52.50M | 52.50M | 52.50M | 52.50M | 52.50M |
| Long-Term Deferred Tax Assets | 218.10M | 233.20M | 281.30M | 301.00M | 234.60M | 230.70M |
| Long-Term Deferred Charges | 8.40M | 8.20M | 8.30M | 9.10M | 8.70M | |
| Other Long-Term Assets | 43.40M | 155.80M | 166.90M | 158.30M | 159.30M | 163.60M |
| Total Assets | 1.28B | 1.33B | 1.41B | 1.75B | 1.73B | 1.98B |
| Accounts Payable | 13.90M | 13.80M | 10.60M | 12.50M | 9.80M | 9.00M |
| Accrued Expenses | 123.50M | 121.80M | 111.60M | 102.40M | 101.70M | 113.50M |
| Current Portion of Long-Term Debt | 299.80M | |||||
| Current Portion of Leases | 5.90M | 5.80M | 5.20M | 5.10M | 5.50M | |
| Current Income Taxes Payable | 60.80M | 64.00M | 65.80M | 49.50M | 37.40M | 26.80M |
| Current Unearned Revenue | 1.18B | 1.13B | 1.04B | 1.01B | 962.40M | 924.70M |
| Other Current Liabilities | 10.70M | 100.00K | ||||
| Total Current Liabilities | 1.38B | 1.33B | 1.53B | 1.19B | 1.12B | 1.07B |
| Long-Term Debt | 1.79B | 1.79B | 1.49B | 1.79B | 1.79B | 1.79B |
| Long-Term Leases | 4.00M | 4.00M | 2.20M | 1.60M | 2.50M | |
| Long-Term Unearned Revenue | 368.90M | 349.40M | 330.70M | 315.00M | 328.70M | 306.00M |
| Other Long-Term Liabilities | 28.80M | 5.40M | 6.10M | 34.10M | 60.50M | 76.10M |
| Total Liabilities | 3.56B | 3.48B | 3.36B | 3.33B | 3.30B | 3.24B |
| Common Stock | 8.85B | 9.62B | 10.65B | 11.81B | 12.64B | 13.62B |
| Retained Earnings | -11.13B | -11.78B | -12.60B | -13.39B | -14.20B | -14.88B |
| Comprehensive Income & Other | -2.90M | -2.70M | -2.50M | -2.60M | -2.70M | -2.80M |
| Shareholders' Equity | -2.28B | -2.15B | -1.96B | -1.58B | -1.56B | -1.26B |
| Total Liabilities & Equity | 1.28B | 1.33B | 1.41B | 1.75B | 1.73B | 1.98B |
| Total Debt | 1.79B | 1.80B | 1.80B | 1.80B | 1.79B | 1.79B |
| Net Cash (Debt) | -1.32B | -1.22B | -1.20B | -871.10M | -814.60M | -582.40M |
| Net Cash Per Share | -14.37 | -12.98 | -12.24 | -8.42 | -7.54 | -5.19 |
| Filing Date Shares Outstanding | 89.70M | 91.70M | 94.60M | 100.90M | 104.88M | 110.17M |
| Total Common Shares Outstanding | 89.80M | 91.90M | 95.00M | 101.30M | 105.30M | 110.52M |
| Working Capital | -807.70M | -680.60M | -867.30M | -200.20M | -78.20M | 194.70M |
| Book Value Per Share | -25.44 | -23.44 | -20.61 | -15.61 | -14.84 | -11.41 |
| Tangible Book Value | -2.51B | -2.21B | -2.01B | -1.63B | -1.61B | -1.31B |
| Tangible Book Value Per Share | -27.94 | -24.01 | -21.16 | -16.13 | -15.33 | -11.88 |
| Land | 37.90M | 37.90M | 37.90M | 31.10M | 31.10M | |
| Buildings | 266.70M | 264.80M | 261.30M | 257.50M | 254.50M | |
| Machinery | 437.20M | 429.80M | 420.00M | 413.10M | 410.70M | |
| Construction In Progress | 12.40M | 16.90M | 16.10M | 3.60M | 3.10M | |
| Leasehold Improvements | 1.70M | 1.60M | 1.60M | 1.50M | 1.50M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 849.80M | 825.70M | 785.70M | 817.60M | 673.80M | 784.80M |
| Depreciation & Amortization | 26.50M | 31.20M | 36.90M | 44.10M | 46.90M | 47.90M |
| Loss (Gain) From Sale of Investments | -8.70M | -11.60M | -21.10M | -27.80M | -7.70M | -400.00K |
| Stock-Based Compensation | 76.70M | 69.70M | 61.10M | 59.70M | 58.60M | 53.40M |
| Other Operating Activities | 14.30M | 6.50M | 3.60M | 3.30M | 3.80M | 6.40M |
| Change in Unearned Revenue | 79.00M | 80.20M | 58.10M | 27.00M | 65.70M | 90.50M |
| Change in Other Net Operating Assets | -25.00M | 41.30M | -41.30M | -3.70M | -3.80M | -12.60M |
| Operating Cash Flow | 1.06B | 1.09B | 902.60M | 853.80M | 831.10M | 807.20M |
| Capital Expenditures | -38.10M | -22.80M | -28.10M | -45.80M | -27.40M | -53.00M |
| Investment in Securities | 121.60M | 132.10M | 314.40M | -51.60M | 383.10M | -216.20M |
| Other Investing Activities | -7.90M | -200.00K | ||||
| Investing Cash Flow | 75.60M | 109.10M | 286.30M | -97.40M | 355.70M | -269.20M |
| Long-Term Debt Issued | 493.30M | 741.10M | ||||
| Long-Term Debt Repaid | -500.00M | -750.00M | ||||
| Net Debt Issued (Repaid) | -5.00M | -6.70M | -8.90M | |||
| Issuance of Common Stock | 12.70M | 12.30M | 12.30M | 12.30M | 12.30M | 12.40M |
| Repurchase of Common Stock | -882.30M | -893.20M | -1.23B | -901.40M | -1.05B | -722.60M |
| Common Dividends Paid | -291.90M | -215.20M | ||||
| Other Financing Activities | -700.00K | |||||
| Financing Cash Flow | -1.17B | -1.10B | -1.22B | -889.80M | -1.04B | -719.10M |
| Foreign Exchange Rate Adjustments | 400.00K | -800.00K | -100.00K | -800.00K | -700.00K | |
| Net Cash Flow | -28.60M | 97.40M | -33.40M | -133.50M | 150.20M | -181.80M |
| Free Cash Flow | 1.02B | 1.07B | 874.50M | 808.00M | 803.70M | 754.20M |
| Free Cash Flow Margin | 59.12% | 64.49% | 56.15% | 54.12% | 56.40% | 56.81% |
| Free Cash Flow Per Share | 11.18 | 11.39 | 8.90 | 7.81 | 7.44 | 6.72 |
| Levered Free Cash Flow | 800.41M | 823.70M | 724.91M | 704.71M | 662.48M | 611.43M |
| Unlevered Free Cash Flow | 849.29M | 871.83M | 771.98M | 751.77M | 709.54M | 663.49M |
| Cash Interest Paid | 73.20M | 78.70M | 72.80M | 72.80M | 72.80M | 85.60M |
| Cash Income Tax Paid | 228.60M | 202.40M | 230.50M | 239.70M | 211.70M | 178.40M |
| Change in Working Capital | 103.30M | 169.60M | 36.40M | -43.10M | 55.70M | -84.90M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 27.63B | 22.52B | 19.89B | 21.03B | 21.78B | 28.19B |
| Enterprise Value | 28.95B | 23.70B | 21.05B | 21.88B | 22.59B | 28.78B |
| Last Close Price | 307.21 | 240.70 | 203.27 | 202.29 | 201.78 | 249.30 |
| PE Ratio | 33.17 | 27.28 | 25.31 | 25.72 | 32.32 | 35.92 |
| Forward PE | 29.23 | 26.32 | 24.61 | 26.45 | 30.38 | 41.28 |
| PS Ratio | 15.86 | 13.60 | 12.77 | 14.08 | 15.29 | 21.24 |
| PB Ratio | -10.46 | -10.16 | -13.30 | -13.94 | -22.37 | |
| P/FCF Ratio | 26.83 | 21.08 | 22.74 | 26.02 | 27.10 | 37.38 |
| P/OCF Ratio | 25.87 | 20.64 | 22.04 | 24.63 | 26.21 | 34.93 |
| PEG Ratio | 1.74 | 1.74 | 1.74 | 1.74 | 1.74 | |
| EV/Sales Ratio | 16.62 | 14.30 | 13.51 | 14.66 | 15.85 | 21.68 |
| EV/EBITDA Ratio | 23.89 | 20.57 | 19.22 | 20.95 | 22.82 | 31.47 |
| EV/EBIT Ratio | 24.42 | 21.14 | 19.89 | 21.87 | 23.95 | 33.21 |
| EV/FCF Ratio | 28.12 | 22.18 | 24.07 | 27.08 | 28.11 | 38.16 |
| Debt / Equity Ratio | -0.78 | -0.83 | -0.92 | -1.14 | -1.15 | -1.42 |
| Debt / EBITDA Ratio | 1.49 | 1.56 | 1.65 | 1.72 | 1.81 | 1.95 |
| Debt / FCF Ratio | 1.75 | 1.68 | 2.06 | 2.23 | 2.23 | 2.37 |
| Net Debt / Equity Ratio | -0.58 | -0.56 | -0.61 | -0.55 | -0.52 | -0.46 |
| Net Debt / EBITDA Ratio | 1.09 | 1.06 | 1.10 | 0.83 | 0.82 | 0.64 |
| Net Debt / FCF Ratio | 1.28 | 1.14 | 1.37 | 1.08 | 1.01 | 0.77 |
| Asset Turnover | 1.29 | 1.21 | 0.99 | 0.86 | 0.77 | 0.71 |
| Quick Ratio | 0.37 | 0.45 | 0.40 | 0.79 | 0.89 | 1.14 |
| Current Ratio | 0.41 | 0.49 | 0.43 | 0.83 | 0.93 | 1.18 |
| Return on Assets (ROA) | 54.90% | 51.28% | 41.92% | 35.92% | 31.71% | 28.89% |
| Return on Invested Capital (ROIC) | 373.30% | 142.36% | 94.60% | 102.70% | ||
| Return on Capital Employed (ROCE) | -1,165.90% | -15,569.40% | -849.30% | 178.50% | 153.00% | 95.30% |
| Earnings Yield | 3.02% | 3.67% | 3.95% | 3.89% | 3.09% | 2.78% |
| FCF Yield | 3.73% | 4.74% | 4.40% | 3.84% | 3.69% | 2.67% |
| Dividend Yield | 1.05% | 0.94% | ||||
| Payout Ratio | 34.88% | 26.06% | ||||
| Buyback Yield / Dilution | 3.07% | 4.48% | 5.12% | 4.17% | 3.74% | 2.69% |
| Total Shareholder Return | 4.13% | 5.42% | 5.12% | 4.17% | 3.74% | 2.69% |