OverviewSuggest Edit

VeriSign is a company that provides domain name registry services and Internet security. The Company operates through registry services and security services segment. Registry services ensure the security, stability, and resiliency of internet infrastructure and services.

TypePublic
Founded1995
HQReston, VA, US
Websiteverisign.com

Latest Updates

Employees (est.) (Dec 2019)872
Revenue (FY, 2019)$1.2 B(+2%)
Share Price (Jan 2021)$195.3
Cybersecurity ratingBMore

Key People/Management at VeriSign

James Bidzos

James Bidzos

Chief Executive Officer and Chairman of the Board
Ari Buchalter

Ari Buchalter

Director
Thomas Indelicarto

Thomas Indelicarto

Executive Vice President, General Counsel and Secretary
Kathleen A. Cote

Kathleen A. Cote

Director
Burt Kaliski

Burt Kaliski

Senior Vice President and Chief Technology Officer
Jamie S. Gorelick

Jamie S. Gorelick

Director
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VeriSign Office Locations

VeriSign has offices in Reston, Melbourne, Gurugram and Villars-sur-Glâne
Reston, VA, US (HQ)
12061 Bluemont Way
Melbourne, AU
10 5 Queens Rd
Gurugram, IN
807-A, Park Centra NH-8, Sector 30
Villars-sur-Glâne, CH
Route du Petit-Moncor 1E/2nd Floor
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VeriSign Financials and Metrics

VeriSign Revenue

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VeriSign's revenue was reported to be $1.23 b in FY, 2019
USD

Revenue (Q3, 2020)

317.9m

Gross profit (Q3, 2020)

272.9m

Gross profit margin (Q3, 2020), %

85.8%

Net income (Q3, 2020)

171.0m

EBIT (Q3, 2020)

206.6m

Market capitalization (15-Jan-2021)

22.3b

Closing stock price (15-Jan-2021)

195.3

Cash (30-Sept-2020)

145.7m
VeriSign's current market capitalization is $22.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.1b1.2b1.2b1.2b

Revenue growth, %

8%2%4%

Cost of goods sold

198.2m193.3m192.1m180.5m

Gross profit

943.9m971.8m1.0b1.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

281.9m286.5m287.6m288.6m288.6m292.4m299.3m601.7m305.8m306.4m306.3m308.4m312.5m314.4m317.9m

Cost of goods sold

50.6m48.8m49.8m50.7m47.6m47.3m48.2m95.5m48.2m45.5m44.1m44.4m45.6m43.6m45.0m

Gross profit

231.3m237.7m237.7m237.9m240.9m245.1m251.1m506.2m257.5m260.9m262.2m264.0m267.0m270.8m272.9m

Gross profit Margin, %

82%83%83%82%83%84%84%84%84%85%86%86%85%86%86%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

231.9m465.9m357.4m508.2m

Accounts Receivable

13.1m

Prepaid Expenses

60.5m

Current Assets

1.8b2.4b1.3b1.3b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

234.0m171.0m177.8m454.6m242.4m286.8m1.7b256.4m231.6m779.6m751.6m109.3m498.7m306.7m145.7m

Accounts Receivable

16.2m15.1m15.8m

Prepaid Expenses

70.4m68.1m

Current Assets

1.9b1.9b1.8b1.8b1.8b2.4b2.4b1.2b1.2b1.3b1.3b1.3b1.2b1.2b1.2b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

440.6m457.2m582.5m612.3m

Depreciation and Amortization

49.9m48.4m46.3m

Inventories

Accounts Payable

15.5m(2.1m)(24.0k)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

107.5m113.2m114.4m116.4m239.5m354.4m134.3m262.6m400.3m162.5m310.1m464.0m334.1m486.6m657.6m

Depreciation and Amortization

25.2m37.7m12.1m24.2m36.5m11.6m22.9m34.3m11.2m22.8m34.5m

Accounts Payable

(30.6m)(9.5m)(36.3m)(20.9m)(29.5m)(31.6m)(39.4m)(7.1m)(27.4m)25.8m(5.9m)

Cash From Operating Activities

328.9m503.6m90.0m291.8m479.3m187.3m352.2m560.3m180.1m395.4m535.0m
USDQ1, 2016

Financial Leverage

-2.1 x
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VeriSign Operating Metrics

VeriSign's Daily Transactions was reported to be 143 b in FY, 2016.
FY, 2014FY, 2015FY, 2016

Daily Transactions

110 b120 b143 b
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VeriSign Revenue Breakdown

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VeriSign revenue breakdown by geographic segment: 59.6% from US, 18.1% from EMEA, 9.1% from China and 13.1% from Other

VeriSign Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

VeriSign Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

VeriSign Online and Social Media Presence

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VeriSign News and Updates

Further Upside For Verisign Stock?

Despite an almost 40% rise since the March lows of this year, at the current price around $210 per share, we believe Verisign stock is still a good opportunity for investors. VRSN stock has increased from $151 to $210 off the recent bottom, less than the S&P which increased by 55% from its recen…

Thinking Of Buying Verisign Stock? Check Out Akamai Instead

The stock price for Akamai is up roughly 66% since the beginning of 2018. In comparison, Verisign has seen its stock grow by 82% during the same period, 1.2x the growth in Akamai’s stock. This difference in the stock price growth makes no sense when we look at the revenue growth for Akamai...

Verisign Stock Up 10% This Year- The Best Still To Come?

Verisign stock (NASDAQ: VRSN) had seen a significant drop this year – dropping by about 21%, from $192 at the end of 2019 to close to $151 on 23rd March 2020, as growing fears around the coronavirus outbreak triggered a sell-off across global equity markets...

Verisign Q2 Earnings Preview: Can Growth In Domain Name Registrations Continue To Surprise?

Verisign reports its Q2 results on July 25. In Q1, the company beat consensus expectations on revenue and EPS. In Q2, we will be looking out for performance on domain unit growth, pricing strength and the outlook for the rest of the year. Trefis estimates Verisign’s valuation to be $172 per share.

Fortinet Runs Up, Verisign Is Top Quant's Next Pick

During last quarter's downturn, my top quant manager advised us to invest in stocks that can do well even in a down market. Fortinet, perhaps Wayne Himelsein's most confident recommendation, has been running up faster than even this strong market. Verisign is his next pick.

Internet has Grown to 342.4 Million Domain Name Registrations in Q3 of 2018: Verisign

/ -- Verisign, Inc. (NASDAQ: VRSN), a global leader in domain names and internet security, notifies that approximately 2.6 million domain name registrations were added to the internet in the Q3 of 2018, bringing the total number of domain name registrations to approximately 342.4 million across all…
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VeriSign Frequently Asked Questions

  • When was VeriSign founded?

    VeriSign was founded in 1995.

  • Who are VeriSign key executives?

    VeriSign's key executives are James Bidzos, Ari Buchalter and Thomas Indelicarto.

  • How many employees does VeriSign have?

    VeriSign has 872 employees.

  • What is VeriSign revenue?

    Latest VeriSign annual revenue is $1.2 b.

  • What is VeriSign revenue per employee?

    Latest VeriSign revenue per employee is $1.4 m.

  • Who are VeriSign competitors?

    Competitors of VeriSign include Virpus, Compu-Gen Technologies and IT Itch.

  • Where is VeriSign headquarters?

    VeriSign headquarters is located at 12061 Bluemont Way, Reston.

  • Where are VeriSign offices?

    VeriSign has offices in Reston, Melbourne, Gurugram and Villars-sur-Glâne.

  • How many offices does VeriSign have?

    VeriSign has 5 offices.