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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$1.7B
$826M
88.2%
67.7%
-38.3%
62.3%
$1.1B
—
$308M
2024
$1.6B
$786M
87.7%
67.9%
-40.1%
55.9%
$875M
—
$207M
2023
$1.5B
$818M
86.8%
67.0%
-51.7%
46.7%
$808M
—
$240M
2022
$1.4B
$674M
85.9%
66.2%
-43.1%
38.9%
$804M
—
$374M
2021
$1.3B
$785M
85.5%
65.3%
-62.3%
39.6%
$754M
—
$224M
2020
$1.3B
—
85.8%
65.1%
0.0%
0.0%
$687M
—
$401M
2019
$1.2B
—
85.3%
65.5%
0.0%
0.0%
$714M
—
$508M
2018
$1.2B
—
84.2%
63.2%
0.0%
0.0%
$661M
—
$357M
2017
$1.2B
—
83.4%
60.7%
0.0%
0.0%
$653M
—
$466M
2016
$1.1B
—
82.6%
60.1%
0.0%
0.0%
$666M
—
$232M
2015
$1.1B
—
81.8%
57.2%
0.0%
0.0%
$629M
—
$229M
2014
$1.0B
—
81.3%
55.9%
0.0%
0.0%
$562M
—
$192M
2013
$965M
—
80.6%
54.7%
0.0%
0.0%
$514M
$0
$339M
2012
$874M
$320M
80.8%
52.4%
-3432.7%
15.5%
$485M
$100M
$131M
2011
$772M
$143M
78.6%
42.7%
-162.2%
7.7%
$143M
$100M
$1.3B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$443M
$213M
88.8%
66.9%
-9.3%
16.6%
$261M
—
$207M
Jun '26
$435M
$217M
88.5%
68.2%
-9.6%
12.0%
$213M
—
$841M
Mar '26
$429M
$215M
88.5%
68.5%
-9.7%
16.5%
$265M
—
$477M
Dec '25
$425M
$206M
88.5%
67.0%
-9.6%
15.6%
$285M
—
$308M
Sep '25
$419M
$213M
88.4%
67.8%
-10.4%
15.2%
$303M
—
$235M
Jun '25
$410M
$207M
88.0%
68.5%
-10.4%
14.7%
$195M
—
$314M
Mar '25
$402M
$199M
87.7%
67.4%
-10.1%
13.8%
$286M
—
$575M
Dec '24
$395M
$192M
87.8%
66.7%
-9.8%
13.6%
$222M
—
$207M
Sep '24
$391M
$201M
88.0%
68.9%
-10.6%
13.8%
$248M
—
$267M
Jun '24
$387M
$199M
87.8%
68.8%
-10.9%
13.2%
$151M
—
$252M
Mar '24
$384M
$194M
87.2%
67.4%
-11.9%
11.2%
$254M
—
$732M
Dec '23
$380M
$265M
87.3%
67.4%
-16.7%
15.1%
$199M
—
$240M
Sep '23
$376M
$189M
87.1%
67.6%
-11.5%
11.1%
$217M
—
$158M
Jun '23
$372M
$186M
86.5%
66.9%
-11.5%
11.1%
$139M
—
$344M
Mar '23
$364M
$179M
86.3%
66.2%
-11.2%
10.2%
$253M
—
$820M
Dec '22
$369M
$180M
86.3%
66.5%
-11.5%
10.4%
$209M
—
$374M
Sep '22
$357M
$170M
86.0%
66.3%
-11.0%
9.7%
$255M
—
$561M
Jun '22
$352M
$167M
85.9%
67.1%
-11.5%
9.5%
$139M
—
$606M
Mar '22
$347M
$158M
85.4%
64.8%
-12.3%
8.0%
$201M
—
$759M
Dec '21
$340M
$330M
85.5%
65.3%
-26.2%
16.6%
$193M
—
$224M
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 risen from 28.3× (Mar '23) to 33.5× (Nov '26).
The price-to-sales ratio has risen from 13.4× (Mar '23) to 16.7× (Nov '26).
The dividend yield has fallen from 1.0% (Dec '25) to 0.8% (Nov '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?
Verisign's P/E (TTM) is 32.55 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the VRSN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 33.5× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.