VeriSign, Inc., together with its subsidiaries, provides internet infrastructure and domain name registry services that enables internet navigation for various recognized domain names worldwide. The company provides root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. It operates directory for .name and .cc; and back-end systems for .edu, domain names. The company was incorporated in 1995 and is headquartered in Reston, Virginia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.7B | $1.2B | $826M | $1.1B | -38.3% | 6.4% | 5.1% |
| 2024 | $1.6B | $1.1B | $786M | $875M | -40.1% | 4.3% | -3.9% |
| 2023 | $1.5B | $1.1B | $818M | $808M | -51.7% | 4.8% | 21.3% |
| 2022 | $1.4B | $1.0B | $674M | $804M | -43.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,424.90 | 1,493.10 | 1,557.40 | 1,656.60 |
| Cost Of Revenue | - | 200.70 | 197.30 | 191.40 | 196.30 |
| Gross Profit | - | 1,224.20 | 1,295.80 | 1,366 | 1,460.30 |
| Operating Expense | - | 281.10 | 295.20 | 307.80 | 339.30 |
| Operating Income | - | 943.10 | 1,000.60 | 1,058.20 | 1,121 |
| EBITDA | - | 1,002.40 | 1,095.90 | 1,134.10 | 1,176.70 |
| EBIT | - | 955.50 | 1,051.80 | 1,097.20 | 1,145.50 |
| Pretax Income | - | 880.20 | 976.50 | 1,021.90 | 1,068.50 |
| Tax Provision | - | 206.40 | 158.90 | 236.20 | 242.80 |
| Net Income | - | 673.80 | 817.60 | 785.70 | 825.70 |
| Net Income Common Stockholders | - | 673.80 | 817.60 | 785.70 | 825.70 |
| Total Expenses | - | 481.80 | 492.50 | 499.20 | 535.60 |
| Interest Expense | - | 75.30 | 75.30 | 75.30 | 77 |
| Interest Income | - | 14.90 | 46.10 | 37.40 | 26.50 |
| Research And Development | - | 85.70 | 91 | 96.70 | 103.60 |
| Selling General And Administration | - | 195.40 | 204.20 | 211.10 | 235.70 |
| Normalized EBITDA | - | 1,002.40 | 1,095.90 | 1,134.10 | 1,176.70 |
| Normalized Income | - | 673.80 | 817.60 | 785.70 | 825.70 |
| Market Cap | 24,497.20 | 24,497.20 | 24,497.20 | 24,497.20 | 24,497.20 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| VeriSign, Inc.this co. | VRSN | $25.2B | 29.67β premium | -11.37 | -38.3% | 22.08 |
| Teledyne Technologies Incorporated | TDY | $30.0B | 33.58 | 2.86 | 8.5% | 21.70 |
| Cognizant Technology Solutions Corporation | CTSH | $26.9B | 11.82 | 1.76 | 14.9% | 6.30 |
| Fair Isaac Corporation | FICO | $24.3B | 36.56 | -13.65 | -37.3% | 28.15 |
| Fidelity National Information Services, Inc. | FIS |
| - |
| - |
| - |
| - |
| $23.9B |
| 61.99 |
| 1.70 |
| 2.7% |
| 10.55 |
| NetApp, Inc. | NTAP | $22.2B | 18.15 | 20.70 | 114.0% | 13.18 |
| Corpay, Inc. | CPAY | $22.0B | 19.34 | 5.33 | 27.5% | 12.09 |
| First Solar, Inc. | FSLR | $20.8B | 13.62 | 2.18 | 16.0% | 8.67 |
| Fortive Corporation | FTV | $20.3B | 32.47 | 2.91 | 9.0% | 18.73 |
| Peer Median | - | 25.91 | 2.52 | 11.9% | 12.64 | |