VERISIGN INC/CA VRSN
We are a global provider of critical internet infrastructure and domain name registry services, enabling internet navigation for many of the world's most recognized domain names. We help enable the security, stability, and resiliency of the Domain Name System ("DNS") and the internet by providing Root Zone Maintainer services, operating two of the thirteen global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains ("TLDs"), which support the majority of global e-commerce.
We were incorporated in Delaware on April 12, 1995. Our principal executive offices are located at 12061 Bluemont Way, Reston, Virginia 20190. Our telephone number at that address is (703) 948-3200. Our common stock is traded on the Nasdaq Global Select Market under the ticker symbol VRSN. VERISIGN, the VERISIGN logo, and certain other product or service names are registered or unregistered trademarks in the U.S. and other countries. Other names used in this Form 10-K may be trademarks of their respective owners. Our primary website is https://www.verisign.com. The information available on, or accessible through, this website is not incorporated in this Form 10-K by reference.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- U.S.
- Emea
- Asia Pacific
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| U.S. | $1.09B | $1.04B | $994.7M |
| Emea | $279.4M | $249.6M | $228.2M |
| Asia Pacific | $184.6M | $175.7M | $174.8M |
| Other | $99.5M | $96.6M | $95.4M |
As the company reported it, from the “Revenue Recognition (Disaggregation of Revenue) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.56B | $1.49B | $1.42B | $1.33B | $1.27B | $1.23B | $1.21B | $1.17B | $1.14B |
| Cost of revenue | $196.3M | $191.4M | $197.3M | $200.7M | $191.9M | $180.2M | $180.5M | $192.1M | $193.3M | $198.2M |
| Gross profit | $1.46B | $1.37B | $1.30B | $1.22B | $1.14B | $1.08B | $1.05B | $1.02B | $971.8M | $943.9M |
| R&D | $103.6M | $96.7M | $91.0M | $85.7M | $80.5M | $74.7M | $60.8M | $57.9M | $52.3M | $59.1M |
| SG&A | $235.7M | $211.1M | $204.2M | $195.4M | $188.4M | $186.0M | $137.6M | $132.7M | $129.8M | $118.0M |
| Total operating expenses | $535.6M | $499.2M | $492.5M | $481.8M | $460.8M | $440.9M | $425.5M | $447.6M | $457.4M | $455.6M |
| Operating income | $1.12B | $1.06B | $1.00B | $943.1M | $866.8M | $824.2M | $806.1M | $767.4M | $707.7M | $686.6M |
| Interest expense | $77.0M | $75.3M | $75.3M | $75.3M | $83.3M | $90.2M | $90.6M | $114.8M | $136.3M | $115.6M |
| Pre-tax income | $1.07B | $1.02B | $976.5M | $880.2M | $782.2M | $750.2M | $758.8M | $729.5M | $599.0M | $581.2M |
| Income tax | $242.8M | $236.2M | $158.9M | $206.4M | $2.6M | $64.7M | $146.5M | $147.0M | $141.8M | $140.5M |
| Net income | $825.7M | $785.7M | $817.6M | $673.8M | $784.8M | $814.9M | $612.3M | $582.5M | $457.2M | $440.6M |
| EPS, basic | — | — | — | 6.24 | 7.01 | 7.08 | 5.17 | 5.13 | 4.56 | 4.12 |
| EPS, diluted | — | — | — | 6.24 | 7.00 | 7.07 | 5.15 | 4.75 | 3.68 | 3.42 |
| Shares, diluted (wtd. avg.) | 93.8M | 98.2M | 103.5M | 108.0M | 112.2M | 115.3M | 119.0M | 122.7M | 124.2M | 128.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $307.9M | $206.7M | $245.5M | $379.0M | $228.8M | $410.6M | $517.6M | $366.8M | $475.1M | $241.6M |
| Short-term investments | $272.6M | $393.2M | $686.3M | $606.8M | $982.3M | $765.7M | $709.9M | $912.3M | $1.95B | $1.57B |
| Receivables | $7.7M | $5.6M | $6.3M | $6.2M | $5.3M | $4.6M | $1.5M | $6.0M | $5.1M | $13.1M |
| Total current assets | $652.5M | $663.8M | $988.3M | $1.04B | $1.27B | $1.22B | $1.28B | $1.32B | $2.45B | $1.84B |
| Property, plant and equipment | $213.7M | $224.5M | $233.2M | $232.0M | $251.2M | $245.6M | $250.3M | $253.9M | $263.5M | $266.1M |
| Goodwill | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M | $52.5M |
| Total assets | $1.33B | $1.41B | $1.75B | $1.73B | $1.98B | $1.77B | $1.85B | $1.91B | $2.94B | $2.33B |
| Accounts payable | $298.0M | $257.8M | $257.4M | $226.5M | $226.6M | $208.6M | $210.0M | $215.2M | $219.6M | $203.9M |
| Total current liabilities | $1.33B | $1.53B | $1.19B | $1.12B | $1.07B | $988.7M | $965.2M | $947.6M | $1.56B | $1.52B |
| Total liabilities | $3.48B | $3.36B | $3.33B | $3.30B | $3.24B | $3.16B | $3.34B | $3.30B | $4.20B | $3.54B |
| Retained earnings | -$11.78B | -$12.60B | -$13.39B | -$14.20B | -$14.88B | -$15.66B | -$16.48B | -$17.09B | -$17.69B | -$18.18B |
| Total equity | -$2.15B | -$1.96B | -$1.58B | -$1.56B | -$1.26B | -$1.39B | -$1.49B | -$1.39B | -$1.26B | -$1.20B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.09B | $902.6M | $853.8M | $831.1M | $807.2M | $730.2M | $753.9M | $697.8M | $702.8M | $693.0M |
| Stock-based compensation | $69.7M | $61.1M | $59.7M | $58.6M | $53.4M | $48.2M | $50.6M | $52.5M | $52.9M | $50.0M |
| Capital expenditure | $22.8M | $28.1M | $45.8M | $27.4M | $53.0M | $43.4M | $40.3M | $37.0M | $49.5M | $26.6M |
| Investing cash flow | $109.1M | $286.3M | -$97.4M | $355.7M | -$269.2M | -$72.3M | $167.2M | $1.07B | -$405.4M | -$42.7M |
| Financing cash flow | -$1.10B | -$1.22B | -$889.8M | -$1.04B | -$719.1M | -$764.9M | -$770.3M | -$1.88B | -$65.1M | -$648.8M |
| Dividends paid | $215.2M | $0 | $0 | — | — | — | — | — | — | — |
| Buybacks | $881.6M | $1.23B | $901.4M | $1.05B | $722.6M | $777.5M | $782.6M | $638.2M | $621.2M | $662.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001014473-26-000013.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.17B | $1.21B | $1.23B | $1.27B | $1.33B | $1.42B | $1.49B | $1.56B | $1.66B |
| Gross profit | $943.9M | $971.8M | $1.02B | $1.05B | $1.08B | $1.14B | $1.22B | $1.30B | $1.37B | $1.46B |
| Net income | $440.6M | $457.2M | $582.5M | $612.3M | $814.9M | $784.8M | $673.8M | $817.6M | $785.7M | $825.7M |
Recent filings and events
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7371
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| RGTI | Rigetti Computing, Inc. | $3.85B | — | -34.3% |
| IA | INNOVATIVE SOLUTIONS & SUPPORT INC | $351.9M | 22.3x | 78.6% |
| RDNW | RideNow Group, Inc. | $209.4M | — | -10.5% |
| MMTX | Miluna Acquisition Corp | $90.7M | — | — |