15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.5% per year over the past 5 years.
Net income has grown slower than revenue (1.3% vs 5.5% per year).
Operating margin has expanded, at 67.7% in the latest year.
Free cash flow has grown 9.2% per year over the past 5 years.
Financial health
Operating income covered interest expense 15× in the latest year, up from 9.1× 5 years ago.
Shareholder returns
Dividends have been paid for 1 consecutive year, consuming 26.1% of earnings and 20.1% of free cash flow.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.7B
$826M
88.2%
67.7%
$1.1B
—
$308M
2024
$1.6B
$786M
87.7%
67.9%
$875M
—
$207M
2023
$1.5B
$818M
86.8%
67.0%
$808M
—
$240M
2022
$1.4B
$674M
85.9%
66.2%
$804M
—
$374M
2021
$1.3B
$785M
85.5%
65.3%
$754M
—
$224M
2020
$1.3B
—
85.8%
65.1%
$687M
—
$401M
2019
$1.2B
—
85.3%
65.5%
$714M
—
$508M
2018
$1.2B
—
84.2%
63.2%
$661M
—
$357M
2017
$1.2B
—
83.4%
60.7%
$653M
—
$466M
2016
$1.1B
—
82.6%
60.1%
$666M
—
$232M
2015
$1.1B
—
81.8%
57.2%
$629M
—
$229M
2014
$1.0B
—
81.3%
55.9%
$562M
—
$192M
2013
$965M
—
80.6%
54.7%
$514M
$0
$339M
2012
$874M
$320M
80.8%
52.4%
$485M
$100M
$131M
2011
$772M
$143M
78.6%
42.7%
$143M
$100M
$1.3B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$429M
$215M
88.5%
68.5%
$265M
—
$477M
Dec '25
$425M
$206M
88.5%
67.0%
$285M
—
$308M
Sep '25
$419M
$213M
88.4%
67.8%
$303M
—
$235M
Jun '25
$410M
$207M
88.0%
68.5%
$195M
—
$314M
Mar '25
$402M
$199M
87.7%
67.4%
$286M
—
$575M
Dec '24
$395M
$192M
87.8%
66.7%
$222M
—
$207M
Sep '24
$391M
$201M
88.0%
68.9%
$248M
—
$267M
Jun '24
$387M
$199M
87.8%
68.8%
$151M
—
$252M
Mar '24
$384M
$194M
87.2%
67.4%
$254M
—
$732M
Dec '23
$380M
$265M
87.3%
67.4%
$199M
—
$240M
Sep '23
$376M
$189M
87.1%
67.6%
$217M
—
$158M
Jun '23
$372M
$186M
86.5%
66.9%
$139M
—
$344M
Mar '23
$364M
$179M
86.3%
66.2%
$253M
—
$820M
Dec '22
$369M
$180M
86.3%
66.5%
$209M
—
$374M
Sep '22
$357M
$170M
86.0%
66.3%
$255M
—
$561M
Jun '22
$352M
$167M
85.9%
67.1%
$139M
—
$606M
Mar '22
$347M
$158M
85.4%
64.8%
$201M
—
$759M
Dec '21
$340M
$330M
85.5%
65.3%
$193M
—
$224M
Sep '21
$334M
$157M
85.7%
66.2%
$245M
—
$257M
Jun '21
$329M
$148M
85.5%
64.7%
$125M
—
$216M
Valuation over time
How the market has priced VRSN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 28.8× (Mar '23) to 27.6× (Jun '26).
The price-to-sales ratio has risen from 13.6× (Mar '23) to 13.8× (Jun '26).
The dividend yield has fallen from 1.0% (Dec '25) to 0.9% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is VRSN growing its revenue and profit?
Over the past 5 years, Verisign's revenue has grown 5.5% per year, and net income grown 1.3% per year. These are computed facts, not advice.
How much debt does VRSN have?
As of FY2025, Verisign reported — of total debt against $308M of cash; operating income covered interest expense 15×.
What is VRSN's profit margin?
In FY2025, gross margin was 88.2%, operating margin 67.7%, and net margin 49.8%.
What is VRSN's P/E ratio?
As of Jun '26, Verisign traded at a price-to-earnings ratio of about 27.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.