Verisign Inc. (VRSN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$2.35	$2.38	+1.3%	—	—	—
Q2 26	$2.29	$2.23	-2.6%	—	—	—
Q1 26	$2.24	$2.27	+1.3%	—	—	—
Q4 25	$2.2	$2.21	+0.5%	—	—	—
Q3 25	$2.09	$2.1	+0.5%	—	—	—
Q2 25	$2.01	$2	-0.5%	—	—	—
Q1 25	$2.01	$2.07	+3.0%	—	—	—
Q4 24	$1.93	$2.01	+4.1%	—	—	—
Q3 24	$1.87	$1.92	+2.7%	—	—	—
Q2 24	$1.86	$2.6	+39.8%	—	—	—
Q1 24	$1.81	$1.83	+1.1%	—	—	—
Q4 23	$1.75	$1.79	+2.3%	—	—	—
Q3 23	$1.68	$1.7	+1.2%	—	—	—
Q2 23	$1.61	$1.7	+5.6%	—	—	—
Q1 23	$1.54	$1.58	+2.6%	—	—	—
Q4 22	$1.52	$1.54	+1.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$8.83	—	—	$1.7B	—
FY24	—	$8.01	—	—	$1.6B	—
FY23	—	$7.91	—	—	$1.5B	—
FY22	—	$6.24	—	—	$1.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.1B	$1.2B	$1.2B	$1.2B	$1.3B	$1.3B	$1.4B	$1.5B	$1.6B	$1.7B
YoY change	+7.82%	+2.01%	+4.28%	+1.37%	+2.71%	+4.94%	+7.33%	+4.79%	+4.31%	+6.37%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.1B	1.2B	1.2B	1.2B	1.3B	1.3B	1.4B	1.5B	1.6B	1.7B
Cost of revenue	198.2M	193.3M	192.1M	180.5M	180.2M	191.9M	200.7M	197.3M	191.4M	196.3M
Gross profit	943.9M	971.8M	1B	1.1B	1.1B	1.1B	1.2B	1.3B	1.4B	1.5B
Gross margin	82.6%	83.4%	84.2%	85.3%	85.8%	85.5%	85.9%	86.8%	87.7%	88.2%
Research & development	59.1M	52.3M	57.9M	60.8M	74.7M	80.5M	85.7M	91M	96.7M	103.6M
Selling, general & administrative	198.3M	211.7M	197.6M	184.3M	186M	188.4M	195.4M	204.2M	211.1M	235.7M
Operating expenses	257.4M	264M	255.4M	245.1M	260.7M	268.9M	281.1M	295.2M	307.8M	339.3M
Operating income	686.6M	707.7M	767.4M	806.1M	824.2M	866.8M	943.1M	1B	1.1B	1.1B
Operating margin	60.1%	60.7%	63.2%	65.5%	65.2%	65.3%	66.2%	67%	67.9%	67.7%
Non-operating income, net	4M	9.7M	50.5M	16.7M	8.4M	-1.9M	-2.5M	5.1M	1.6M	-2M
Pretax income	581.2M	599M	729.5M	758.8M	750.2M	782.2M	880.2M	976.5M	1B	1.1B
Income tax	140.5M	141.8M	147M	146.5M	-64.6M	-2.6M	206.4M	158.9M	236.2M	242.8M
Net income	440.6M	457.2M	582.5M	612.3M	814.9M	784.8M	673.8M	817.6M	785.7M	825.7M
Net margin	38.6%	39.2%	47.9%	49.7%	64.4%	59.1%	47.3%	54.8%	50.4%	49.8%
EBITDA	752M	771.6M	840.9M	894.9M	880.3M	915.5M	1B	1.1B	1.1B	1.2B
EPS	4.12	4.56	5.13	5.17	7.08	7.01	6.24	7.91	8.01	8.83
Diluted EPS	3.42	3.68	4.75	5.15	7.07	7	6.24	7.9	8	8.81

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	376.3M	380.4M	384.3M	387.1M	390.6M	395.4M	402.3M	409.9M	419.1M	425.3M	428.9M	434.6M
Cost of revenue	48.6M	48.5M	49.1M	47.1M	46.8M	48.4M	49.4M	49.1M	48.8M	49M	49.2M	50M
Gross profit	327.7M	331.9M	335.2M	340M	343.8M	347M	352.9M	360.8M	370.3M	376.3M	379.7M	384.6M
Gross margin	87.1%	87.3%	87.2%	87.8%	88%	87.8%	87.7%	88%	88.4%	88.5%	88.5%	88.5%
Research & development	21.7M	22.9M	24.8M	23.8M	23.2M	24.9M	26M	25.7M	25.4M	26.5M	27.5M	27.5M
Selling, general & administrative	51.7M	52.7M	51.5M	50M	51.3M	58.3M	55.7M	54.4M	60.6M	65M	58.6M	60.8M
Operating expenses	73.4M	75.6M	76.3M	73.8M	74.5M	83.2M	81.7M	80.1M	86M	91.5M	86.1M	88.3M
Operating income	254.3M	256.3M	258.9M	266.2M	269.3M	263.8M	271.2M	280.7M	284.3M	284.8M	293.6M	296.3M
Operating margin	67.6%	67.4%	67.4%	68.8%	68.9%	66.7%	67.4%	68.5%	67.8%	67%	68.5%	68.2%
Non-operating income, net	1.5M	1.8M	1.9M	1.8M	1.8M	-3.9M	-400K	-500K	-400K	-700K	-500K	-500K
Pretax income	248.6M	251.6M	254M	258.9M	260.9M	248.1M	258.4M	267.3M	271.7M	271.1M	279.4M	281.6M
Income tax	60.1M	-13.1M	59.9M	60.1M	59.6M	56.6M	59.1M	59.9M	58.9M	64.9M	64.9M	65.1M
Net income	188.5M	264.7M	194.1M	198.8M	201.3M	191.5M	199.3M	207.4M	212.8M	206.2M	214.5M	216.5M
Net margin	50.1%	69.6%	50.5%	51.4%	51.5%	48.4%	49.5%	50.6%	50.8%	48.5%	50%	49.8%
EBITDA	278.2M	280.8M	282.6M	287M	288.8M	275.7M	287.6M	294.5M	297.9M	296.7M	304.7M	307.4M
EPS	1.83	2.6	1.93	2.01	2.07	2	2.11	2.21	2.28	2.23	2.34	2.38
Diluted EPS	1.83	2.6	1.92	2.01	2.07	2	2.1	2.21	2.27	2.23	2.34	2.38

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	8.1B	11.5B	—	22.8B	24.9B	28.4B	22.2B	21.3B	20.3B	22.7B	25.5B
Enterprise value	8.2B	11.5B	—	23.4B	25.5B	29B	23B	22.2B	21.5B	23.9B	27.2B
Shares outstanding	107M	100.3M	113.5M	118.5M	115.1M	112M	107.9M	103.4M	98.1M	93.5M	93.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.5	25.1	—	37.3	30.6	36.2	32.9	26	25.8	27.5	30.6
P/S	7.13	9.85	—	18.5	19.7	21.4	15.6	14.3	13	13.7	14.9
P/B	-6.78	-9.11	—	-15.3	-17.9	-22.6	-14.2	-13.5	-10.4	-10.5	-11.4
EV/EBITDA	10.9	14.9	—	26.2	29	31.7	22.9	20.2	19	20.3	23
EV/Sales	7.19	9.85	—	19	20.2	21.9	16.1	14.8	13.8	14.4	16
Earnings yield	5.41%	3.98%	—	2.68%	3.27%	2.76%	3.04%	3.84%	3.87%	3.63%	3.27%
FCF yield	6.43%	5.69%	—	3.12%	2.76%	2.65%	3.63%	3.79%	4.31%	4.7%	3.27%
PEG	—	—	—	—	—	—	—	—	—	—	3.98

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	82.6%	83.4%	84.2%	85.3%	85.8%	85.5%	85.9%	86.8%	87.7%	88.2%	88.5%
Operating margin	60.1%	60.7%	63.2%	65.5%	65.2%	65.3%	66.2%	67%	67.9%	67.7%	68.2%
Net margin	38.6%	39.2%	47.9%	49.7%	64.4%	59.1%	47.3%	54.8%	50.4%	49.8%	49.8%
ROE	-36.7%	-36.3%	-42%	-41.1%	-58.6%	-62.3%	-43.1%	-51.7%	-40.1%	-38.3%	-38.3%
ROA	18.9%	15.5%	30.4%	33%	46.1%	39.6%	38.9%	46.7%	55.9%	62.3%	45.1%
ROIC	-46%	-42.7%	-70.4%	-71%	-108.2%	-127.8%	-96.6%	-118%	-107.6%	-92.5%	-94.2%
Return on tangible assets	22.7%	18%	38.3%	42%	59.4%	49.4%	50.3%	60.4%	77.7%	88.7%	60.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.21	1.57	1.39	1.32	1.23	1.18	0.93	0.83	0.43	0.49	0.59
Quick ratio	1.21	1.57	1.39	1.32	1.23	1.18	0.93	0.83	0.43	0.49	0.59
Debt / equity	-1.56	-1.91	-1.29	-1.2	-1.29	-1.42	-1.15	-1.14	-0.92	-0.83	-0.01
Debt / assets	0.8	0.82	0.93	0.97	1.02	0.9	1.04	1.03	1.28	1.36	1.3
Net debt / EBITDA	0.09	-0.01	0.61	0.64	0.71	0.64	0.81	0.79	1.06	1.03	1.08
Interest coverage	6.16	5.5	7.55	9.37	9.32	10.4	12.7	14	14.6	14.9	15.5
Effective tax rate	24.2%	23.7%	20.2%	19.3%	0%	0%	23.4%	16.3%	23.1%	22.7%	23%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	10.7	11.6	10.7	10.4	11	11.9	13.2	14.4	15.9	17.7	18.6
EPS (basic)	4.12	4.56	5.13	5.17	7.08	7.01	6.24	7.91	8.01	8.83	8.83
EPS (diluted)	3.42	3.68	4.75	5.15	7.07	7	6.24	7.9	8	8.81	9.22
Book value per share	-11.2	-12.6	-12.2	-12.6	-12.1	-11.3	-14.5	-15.3	-20	-23	-24.9
FCF per share	4.89	6.51	5.82	6.02	5.97	6.73	7.45	7.81	8.91	11.4	11.7
Cash per share	16.8	24.1	11.2	10.3	10.1	10.8	9.09	8.96	6.12	6.21	11.5
Capex per share	0.25	0.49	0.33	0.34	0.38	0.47	0.25	0.44	0.29	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.33%	4.25%	3.05%	3.27%	3.43%	3.99%	1.92%	3.07%	1.8%	—	—
Capex / operating cash flow	4.09%	6.95%	4.79%	5.35%	5.96%	6.56%	3.27%	5.2%	3.04%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	26.1%	34.3%
Dividend yield	—	—	—	—	—	—	—	—	—	0.95%	1.15%

Yield

1.15%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.81

ex-dividend Aug 19, 2026

Payout ratio

34%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 19, 2026	$0.81
May 19, 2026	$0.81
Feb 19, 2026	$0.81
Nov 18, 2025	$0.77
Aug 19, 2025	$0.77
May 19, 2025	$0.77

Split history

Date	Ratio
Dec 7, 1999	2:1
Jun 1, 1999	2:1

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$376.3M	$380.4M	$384.3M	$387.1M	$390.6M	$395.4M	$402.3M	$409.9M	$419.1M	$425.3M	$428.9M	$434.6M
YoY change	+5.44%	+3.03%	+5.46%	+4.06%	+3.8%	+3.94%	+4.68%	+5.89%	+7.3%	+7.56%	+6.61%	+6.03%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.8B	2.4B	1.3B	1.2B	1.2B	1.2B	980.4M	926.4M	599.9M	580.5M
Receivables	13.1M	5.1M	6M	1.5M	4.6M	5.3M	6.2M	6.3M	5.6M	7.7M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	1.8B	2.4B	1.3B	1.3B	1.2B	1.3B	1B	988.3M	663.8M	652.5M
Property, plant & equipment	19.9M	16.9M	6M	10.5M	6.4M	5.1M	-18.3M	-20.7M	-31M	-43.2M
Goodwill & intangibles	395.1M	395.1M	395.1M	395.1M	395.1M	395M	395M	395M	395M	395.4M
Total assets	2.3B	2.9B	1.9B	1.9B	1.8B	2B	1.7B	1.7B	1.4B	1.3B
Accounts payable	19.5M	10.5M	27.1M	15.9M	12.3M	9M	9.8M	12.5M	10.6M	13.8M
Short-term debt	629.8M	627.6M	—	—	—	—	5.5M	5.1M	305M	5.8M
Total current liabilities	1.5B	1.6B	947.6M	965.2M	988.7M	1.1B	1.1B	1.2B	1.5B	1.3B
Long-term debt	1.2B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.5B	1.8B
Total liabilities	3.5B	4.2B	3.3B	3.3B	3.2B	3.2B	3.3B	3.3B	3.4B	3.5B
Shareholders' equity	-1.2B	-1.3B	-1.4B	-1.5B	-1.4B	-1.3B	-1.6B	-1.6B	-2B	-2.2B
Total debt	1.9B	2.4B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Net debt	1.6B	1.9B	1.4B	1.3B	1.4B	1.6B	1.4B	1.6B	1.6B	1.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	943.5M	926.4M	924.7M	689.9M	644.9M	599.9M	648.5M	593.8M	617.7M	580.5M	556.4M	1B
Receivables	4.6M	6.3M	6.5M	3.6M	6M	5.6M	—	5.8M	3.3M	7.7M	11.3M	9.5M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1B	988.3M	988.3M	761.2M	717.4M	663.8M	714.1M	682.3M	688.4M	652.5M	626M	1.1B
Property, plant & equipment	-13.2M	-20.7M	234.6M	239.5M	234.9M	-31M	221.5M	229.2M	229.4M	-43.2M	223.8M	237.4M
Goodwill & intangibles	250M	395M	105M	395M	395M	395M	395M	395M	395M	395.4M	395.4M	395.4M
Total assets	1.7B	1.7B	1.7B	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.8B
Accounts payable	9.4M	12.5M	9.4M	9M	8.4M	10.6M	9.6M	8.1M	11.9M	13.8M	10.5M	13.1M
Short-term debt	5.6M	5.1M	5M	6M	305.5M	305M	5.4M	4.7M	6M	5.8M	5.8M	555.2M
Total current liabilities	1.2B	1.2B	1.2B	1.2B	1.5B	1.5B	1.3B	1.3B	1.3B	1.3B	1.4B	1.9B
Long-term debt	1.8B	1.8B	1.8B	1.8B	1.5B	1.5B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B
Total liabilities	3.3B	3.3B	3.4B	3.3B	3.4B	3.4B	3.4B	3.4B	3.5B	3.5B	3.5B	4.1B
Shareholders' equity	-1.6B	-1.6B	-1.6B	-1.8B	-1.9B	-2B	-2B	-2B	-2.1B	-2.2B	-2.2B	-2.3B
Total debt	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	2.3B
Net debt	1.6B	1.6B	1.1B	1.6B	1.5B	1.6B	1.2B	1.5B	1.6B	1.5B	1.3B	1.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	440.6M	457.2M	582.5M	612.3M	814.9M	784.8M	673.8M	817.6M	785.7M	825.7M
Depreciation & amortization	58.2M	49.9M	48.4M	46.3M	46.4M	47.9M	46.9M	44.1M	36.9M	31.2M
Stock-based compensation	50M	52.9M	52.5M	50.6M	48.2M	53.4M	58.6M	59.7M	61.1M	69.7M
Change in working capital	101.1M	152.3M	75M	56.6M	-172.4M	-84.9M	55.7M	-43.1M	36.4M	169.6M
Operating cash flow	649.3M	712.6M	773M	753.9M	728M	807.6M	838.8M	881.6M	923.7M	1.1B
Capital expenditure	-26.6M	-49.5M	-37M	-40.3M	-43.4M	-53M	-27.4M	-45.8M	-28.1M	—
Investing cash flow	102.6M	-393.3M	1.1B	167.2M	-72.3M	-269.2M	355.7M	-97.4M	286.3M	131.9M
Dividends paid	—	—	—	—	—	—	—	—	—	-215.2M
Share repurchases	-662.5M	-621.2M	-638.2M	-782.6M	-777.5M	-722.6M	-1B	-901.4M	-1.2B	-881.6M
Financing cash flow	-637.4M	-78M	-1.9B	-783.5M	-777.5M	-731.5M	-1B	-902.1M	-1.2B	-1.1B
Net change in cash	114.5M	241.2M	-45M	137.7M	-121.8M	-193.1M	146.4M	-117.9M	-23.8M	107.9M
Free cash flow	523.4M	653.3M	660.8M	713.6M	686.8M	754.2M	803.7M	808M	874.5M	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	188.5M	264.7M	194.1M	198.8M	201.3M	191.5M	199.3M	207.4M	212.8M	206.2M	214.5M	216.5M
Depreciation & amortization	10.8M	10.4M	9.8M	9.3M	9M	8.8M	8.9M	8.3M	7.3M	6.7M	6.4M	6.6M
Stock-based compensation	15.5M	14.7M	15.1M	14.3M	15.8M	15.9M	17.5M	15.9M	18.4M	17.9M	19.1M	19.4M
Change in working capital	38.8M	-90.7M	44.3M	-58.5M	32.3M	18.3M	68.1M	-28.2M	71.6M	58.1M	33.6M	-10.4M
Operating cash flow	254.6M	218M	264.3M	164.5M	258.9M	236M	294.9M	203.7M	307.7M	289.6M	272.4M	231.6M
Capital expenditure	-28.6M	-5M	-3.8M	-9.2M	-5.6M	-9.5M	-5.8M	-7.8M	—	—	—	—
Investing cash flow	-213M	104.1M	496.4M	-249.9M	60.5M	-20.7M	317.6M	-213M	-99.3M	113.2M	194.4M	-112.4M
Dividends paid	—	—	—	—	—	—	—	-72.1M	-72M	-71.1M	-74.2M	-73.6M
Share repurchases	-222.4M	-225.6M	-269.9M	-390.3M	-303.1M	-262.3M	-241.7M	-166.8M	-218.7M	-254.4M	-225.4M	-201.4M
Financing cash flow	-222.4M	-225.6M	-269.9M	-390.3M	-303.1M	-262.3M	-247.8M	-239.5M	-290.7M	-325.5M	-299.6M	271.4M
Net change in cash	-180.8M	96.5M	490.8M	-475.7M	16.3M	-47M	364.7M	-248.8M	-82.3M	77.3M	167.2M	390.6M
Free cash flow	216.7M	199.2M	253.5M	151.2M	247.8M	222M	285.5M	194.7M	303M	285.1M	265.2M	212.8M

Verisign Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement