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VeriSign, Inc.

VRSN Technology Software Infrastructure

VeriSign, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, up 6.37% from fiscal 2024.

Revenue
+5.70%
EPS
+3.51%
Free cash flow
−14.0%
Total debt
−0.10%

Quarter to September 2026, against a year earlier

312.35 5.68 −1.79%
Market cap
$28.0B
P/E
33.5×
Fwd P/E
32.3×
Dividend yield
1.02%
F-score
8/9
Altman Z
−5.09
Beneish M
n/a
Dividend safety
76/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by regions Fiscal 2025

  • US
  • EMEA
  • Asia Pacific
  • Other

Every year since 2009 →

Insider Decisions last twelve months

Bought, $m 0.02
Sold, $m 33.62
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — 1 — — 1 — — —
Sell 4 4 2 3 3 — 7 8 6 7 7 2
Insider Ownership 1.22%

Capital & Financial Ratios $m

Size
Market Cap 27,990.00
Revenue ttm 1,731.80
Net income ttm 849.80
Free cash flow ttm 1,023.80
Net debt Q 1,309.80
Valuation
P/E 33.55
Forward P/E 32.30
Price / sales 16.25 (above 10: high)
Forward P/S Powerpack
Price / FCF 27.49
Price / book 0.00
Financial health
Current ratio Q 0.42 (below 1: weak)
Debt / equity Q (0.78) (negative: negative equity)
Interest coverage Q 13.99
Growth
Revenue growth Q +5.70% (above 0%: growing)
Operating income growth Q +4.29% (above 0%: growing)
EPS, this year +10.45%
EPS, next year A +14.84%
Revenue, next year A +6.18%
EPS, past 5 yrs +4.50%
EPS, next 5 yrs A +13.41%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 17.3×, against a ten-year median of 15.6×; over the ten years it ranged from 7.2× in 2016 to 21.9× in 2021.
P/E against its own 10 years 76.02%
10-year low 10-year high
P/S against its own 10 years 66.19%
10-year low 10-year high
EV/Sales against its own 10 years 67.80%
10-year low 10-year high
EV/FCF against its own 10 years 62.27%
10-year low 10-year high

Dividends

Yield
1.02%
Annual rate
3.20
Payout ratio
34.4%
Growth, 2025–26
+40.3%/yr
  1. 2.31 ’25
  2. 3.24 ’26 +40
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 926 600 581 476
Receivables — — — —
Inventory — — — —
Other 62 64 72 97
988 664 653 574
2023 2024 2025 Q'26
Payables 257 258 298 287
ST’ Debt — 300 — —
Other — — — —
1,189 1,531 1,333 1,381

Compound Annual Growth %

10y 5y 3y
Sales 4.57% 5.54% 5.15%
Cash Flow 5.00% 8.36% 9.50%
Earnings 8.21% 0.26% 7.01%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 2.42 Actual 2.41

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 2.29 2.23 Miss by 0.06
Q1 FY26 2.20 2.34 Beat by 0.14
Q2 FY26 2.36 2.38 Beat by 0.02
Q3 FY26 2.42 2.41 Miss by 0.01
Q4 FY26 2.45 — Reports 4 February 2027

EPS $

Mar Jun Sep Dec Year
’26 2.34 2.38 2.35 — —
’25 2.10 2.21 2.27 2.23 8.81
’24 1.92 2.01 2.07 2.00 8.00
’23 1.70 1.79 1.83 2.60 7.90
’22 1.43 1.54 1.58 1.70 6.24
’21 1.33 1.31 1.40 2.97 7.00
’20 2.86 1.32 1.49 1.38 7.07
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 429 435 443 — —
’25 402 410 419 425 1,657
’24 384 387 391 395 1,557
’23 364 372 376 380 1,493
’22 347 352 357 369 1,425
’21 324 329 334 340 1,328
’20 313 314 318 320 1,265
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 272 232 268 — —
’25 291 203 308 290 1,091
’24 257 160 253 232 903
’23 259 145 245 204 854
’22 207 145 262 217 831
’21 198 143 260 206 807
’20 180 215 140 195 730
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 265 213 261 — —
’25 286 195 303 285 1,068
’24 254 151 248 222 875
’23 253 139 217 199 808
’22 201 139 255 209 804
’21 192 125 245 193 754
’20 169 204 125 189 687
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 11.7% a year for ten years. It grew 6.2% a year over the last ten.

Implied
11.7%
10 years, reported
6.2%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,142 1,165 1,215 1,232 1,265 1,328 1,425 1,493 1,557 1,657 1,732 +4.2% 1,759 1,942 2,128 +8.7%
Gross margin, % 82.64 83.41 84.19 85.35 85.76 85.55 85.91 86.79 87.71 88.15 88.57 +5.5 pt
EBT 581 599 730 759 750 782 880 977 1,022 1,069 1,112 +7.0%
EBT margin, % 50.88 51.41 60.04 61.61 59.30 58.92 61.77 65.40 65.62 64.50 64.19 +13.6 pt
Net income 441 457 582 612 815 785 674 818 786 826 850 +7.2%
Per share, $
Per share, $ Revenue 10.67 11.61 10.71 10.39 10.99 11.85 13.21 14.44 15.88 17.72 19.22 +5.8%
Earnings 4.12 4.56 5.13 5.17 7.08 7.01 6.24 7.91 8.01 8.83 9.31 +8.8%
Cash flow 6.48 7.00 6.15 6.36 6.34 7.21 7.70 8.26 9.20 11.67 11.79 +6.8%
Capex (1.58) (0.49) (0.33) (0.34) (0.38) (0.47) (0.25) (0.44) (0.29) (0.24) (0.42) (18.8%)
Free cash flow 4.89 6.51 5.82 6.02 5.97 6.73 7.45 7.81 8.91 11.43 11.36 +9.9%
Book value (11.22) (12.56) (12.21) (12.57) (12.08) (11.25) (14.48) (15.29) (19.96) (23.04) (25.36) +8.3%
Shares, m 107 100 113 119 115 112 108 103 98 94 92 (1.5%)
Valuation, ×
Valuation, × P/E 18.76 24.01 28.79 37.27 30.65 36.16 32.31 25.45 25.84 27.51 33.55 28.7
P/S 7.24 9.43 13.85 18.54 19.69 21.41 15.29 13.96 13.04 13.71 16.25 14.6
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales 7.30 9.42 14.79 19.01 20.18 21.85 15.86 14.54 13.80 14.62 17.32 15.1
EV/FCF 12.52 16.80 27.20 32.81 37.18 38.47 28.12 26.87 24.58 22.67 29.30 26.7
Cash, $m
Cash, $m Operating cash flow 693 703 698 754 730 807 831 854 903 1,091 1,062 +5.2%
Capex (170) (49) (37) (40) (43) (53) (27) (46) (28) (23) (38) (20.0%)
Free cash flow 523 653 661 714 687 754 804 808 875 1,068 1,024 +8.2%
Balance, $m
Balance, $m Working capital 320 886 369 313 229 195 (78) (200) (867) (681) (808) n/m
Net debt 69 (5) 515 575 623 580 808 864 1,192 1,208 1,310 +37.4%
Shareholders’ equity (1,201) (1,260) (1,385) (1,490) (1,390) (1,260) (1,562) (1,581) (1,958) (2,154) (2,285) +6.7%
Returns, %
Returns, % ROA 18.78 17.33 23.99 32.50 45.01 41.85 36.25 46.96 49.80 60.44 63.33 +41.7 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE (38.81) (37.16) (44.03) (42.59) (56.58) (59.21) (47.74) (52.02) (44.40) (40.16) (39.20) (1.4) pt
People
People Employees 990 952 900 872 909 904 917 908 932 928 — (0.7%)
Revenue/emp, $m 1.15 1.22 1.35 1.41 1.39 1.47 1.55 1.64 1.67 1.79 — +5.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

Verisign is a global provider of internet infrastructure and domain-name registry services. Founded in 1995 and headquartered in Reston, Virginia, it is led by Executive Chairman, President and Chief Executive Officer D. James Bidzos.

The company runs the authoritative directories for .com, .net and .name domain names, related internationalized versions of .com and .net, and .cc. It also provides the technical back-end for .edu. In plain terms, when an individual or organization registers one of these names through a registrar, Verisign maintains the central record that allows the name to work on the internet.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by regions, and margins
US 1,093 65.98%
EMEA 279 16.87%
Asia Pacific 185 11.14%
Other 100 6.01%
Gross margin 88.15%
Operating margin 67.67%
Pre-tax margin 64.50%

Revenue by segment since 2009

VeriSign, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TWLO Twilio Inc. $31.1B 24.3× 22.8× +19.93% (above 0%: growing) +333.33% (above 0%: growing) +54.25% (above 0%: growing) 48.77% 9.53% Compare
OKTA Okta, Inc. $29.9B 102× 105× +10.58% (above 0%: growing) +76.32% (above 0%: growing) +38.89% (above 0%: growing) 79.63% 13.29% Compare
CPAY Corpay, Inc. $29.4B 24.5× 20.1× +17.86% (above 0%: growing) +45.06% (above 0%: growing) −71.00% (below 0%: shrinking) 100.00% 44.96% Compare
VRSN VeriSign, Inc. $28.0B 33.5× 32.3× +5.70% (above 0%: growing) +3.51% (above 0%: growing) −13.96% (below 0%: shrinking) 88.76% 66.93%
GPN Global Payments Inc. $25.1B — (loss-making) — (loss-making) +68.63% (above 0%: growing) −94.95% (below 0%: shrinking) −35.83% (below 0%: shrinking) 61.04% 10.15% Compare
MDB MongoDB, Inc. $24.5B 413× 544× +30.50% (above 0%: growing) n/m +94.79% (above 0%: growing) 73.83% 3.68% Compare
CRWV CoreWeave Inc. $24.1B — (loss-making) — (loss-making) +112.46% (above 0%: growing) n/m −112.39% (below 0%: shrinking) 65.86% (1.90%) Compare
IOT Samsara Inc. $24.1B 253× 223× +29.88% (above 0%: growing) n/m +46.50% (above 0%: growing) 77.21% 0.96% Compare
RBRK Rubrik, Inc. $21.9B — (loss-making) — (loss-making) +37.89% (above 0%: growing) n/m +14.13% (above 0%: growing) 78.44% (16.83%) Compare
Median of peers $24.8B 102× 105× +30.19% +60.69% +26.51% 75.52% 6.61%

All 183 Software Infrastructure stocks →

From the latest earnings call

Updated

  • D. James Bidzos said business demand, marketing programs and AI tools contributed to new domain registrations, while some registrars had identified AI as a factor.
  • John Calys forecast a slight fourth-quarter renewal-rate decline as more names come up for their first renewal, which occurs at a lower rate than subsequent renewals.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 96.37%
Held by the ten largest 53.62%
Holder Shares Stake Change
Vanguard 11.29m 12.48% −177.71k
Berkshire Hathaway 8.99m 9.94% 0.00
BlackRock 8.41m 9.31% −912.21k
AQR Capital Management 4.93m 5.45% +1.19m
State Street 4.15m 4.59% +73.58k
Geode Capital Management 2.47m 2.74% +3.90k
RENAISSANCE TECHNOLOGIES LLC 2.45m 2.71% −368.38k
Morgan Stanley 2.27m 2.51% −38.97k
Ninety One UK Ltd 2.08m 2.30% −2.23k
Invesco 1.44m 1.59% −66.04k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 10 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 15.54m 24.21m 113.00
2024 14.06m 11.77m 96.00
2023 12.25m 10.21m 95.00
2022 11.28m 6.64m 95.00
2021 10.12m 13.34m 117.00

Ownership

Directors and executive officers, together less than 1%
Warren Buffett 9.87%
BlackRock, Inc. 7.95%
Ninety One UK Ltd. 5.75%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

VeriSign, Inc. (VRSN) Latest News

25 Oct

Impact 4 · · The Motley Fool

22 Oct

Impact 4 · · Moby
Impact 4 · · MarketBeat
Impact 3 · · Investing.com
Impact 3 · · Zacks
Impact 3 · · Associated Press
Impact 3 · · Business Wire earnings

7 Oct

Impact 3 · · Zacks

5 Oct

Impact 3 · · Barchart

30 Sep

Impact 3 · · Simply Wall St.

21 Sep

Impact 3 · · Barchart

1 Sep

Impact 3 ·

14 Aug

Impact 3 ·

24 Jul

Impact 4 ·
Impact 3 · · Moby transcript

23 Jul

Impact 3 · · MarketBeat transcript
Impact 3 ·

22 Jul

Impact 3 ·

6 Jul

Impact 4 · · The Motley Fool

26 Apr

Impact 4 · · Simply Wall St.

24 Apr

Impact 4 · · GuruFocus.com
Impact 3 · · Moby

23 Apr

Impact 4 · · The Motley Fool transcript
Impact 4 · · Zacks
Impact 4 · · Business Wire
Impact 3 · · MarketBeat

11 Apr

Impact 3 · · The Motley Fool

3 Apr

Impact 3 · · Simply Wall St.

1 Apr

Impact 3 · · Barchart

1 Mar

Impact 4 · · Simply Wall St.

VRSN metrics, ten years each

stockrow.com/VRSN · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com