VeriSign

As a global leader in domain names and Internet security, Verisign enables Internet navigation for many of the world’s most recognized domain names and provides protection for websites and enterprises around the world. Verisign ensures the security, stability and resiliency of key Internet infrastructure and services, including the authoritative directory of all .com, .net, .tv, .cc, .name top-level domains and the back-end registry for a portfolio of generic top-level domains. The company also operates two of the Internet’s root servers and performs the root-zone maintainer functions for the core of the Internet’s Domain Name System (DNS). Verisign’s Security Services, including intelligence-driven Distributed Denial of Service Protection, iDefense® Security Intelligence and Managed DNS, help to ensure online businesses are as available as the Web itself.

Company Growth (employees)
Type
Public
HQ
Reston, US
Founded
1995
Size (employees)
990 (est)
VeriSign was founded in 1995 and is headquartered in Reston, US

Key People at VeriSign

D. James Bidzos

D. James Bidzos

President & CEO
George Kilguss III

George Kilguss III

Executive Vice President & CFO
Burt Kaliski, Jr.

Burt Kaliski, Jr.

Senior Vice President & CTO
Todd Strubbe

Todd Strubbe

Executive Vice President & COO

VeriSign Office Locations

VeriSign has offices in Reston, Gurgaon, Beijing, Fribourg and in 2 other locations
Reston, US (HQ)
12061 Bluemont Way
Melbourne, AU
10 5 Queens Rd
London, GB
1 Kingdom St
Fribourg, CH
3 Rue Des Pilettes
Beijing, CN
Dong Da Qiao Lu Xiao Qu
Show all (6)

VeriSign Data and Metrics

VeriSign Financial Metrics

VeriSign's revenue was reported to be $288.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

288.6 m

Gross profit (Q1, 2017)

237.9 m

Gross profit margin (Q1, 2017), %

82%

Net income (Q1, 2017)

116.4 m

EBIT (Q1, 2017)

175.3 m

Market capitalization (21-Jul-2017)

12.3 b

Cash (31-Mar-2017)

454.6 m
VeriSign's current market capitalization is $12.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

965.1 m1 b1.1 b1.1 b

Revenue growth, %

5%5%8%

Cost of goods sold

187 m188.4 m192.8 m198.2 m

Gross profit

778.1 m821.7 m866.6 m943.9 m

Gross profit Margin, %

81%81%82%83%

Sales and marketing expense

80.3 m

R&D expense

59.1 m

General and administrative expense

118 m

Operating expense total

249.8 m257.3 m260.6 m455.6 m

EBIT

528.2 m564.4 m605.9 m686.6 m

EBIT margin, %

55%56%57%60%

Interest expense

74.8 m86 m107.6 m115.6 m

Pre tax profit

456.8 m483.3 m487.7 m581.2 m

Income tax expense

87.7 m(128.1 m)(112.4 m)(140.5 m)

Net Income

544.5 m355.3 m375.2 m440.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

250.4 m255 m258.4 m262.5 m265.8 m281.9 m286.5 m287.6 m288.6 m

Cost of goods sold

46 m46.9 m48.4 m48.2 m47.2 m50.6 m48.8 m49.8 m50.7 m

Gross profit

204.4 m208.1 m210.1 m214.3 m218.6 m231.3 m237.7 m237.7 m237.9 m

Gross profit Margin, %

82%82%81%82%82%82%83%83%82%

Sales and marketing expense

23.7 m24.3 m22.4 m24.3 m21 m20 m19.8 m18.6 m18.3 m

R&D expense

15.7 m16.3 m17.2 m16.3 m15 m16.7 m14.3 m14.3 m13.3 m

General and administrative expense

21.9 m28 m26.3 m24.7 m28.1 m27.8 m27.4 m30 m31 m

Operating expense total

61.3 m68.6 m65.8 m65.4 m64.1 m64.5 m61.4 m63 m62.7 m

EBIT

143.1 m139.5 m144.2 m149 m154.5 m166.8 m176.3 m174.8 m175.3 m

EBIT margin, %

57%55%56%57%58%59%62%61%61%

Interest expense

(21.5 m)(21.5 m)(22 m)(28.5 m)(28.5 m)(28.8 m)(28.9 m)(28.9 m)(29 m)

Pre tax profit

126.6 m111.5 m116.7 m123.7 m121.9 m141.1 m149.1 m149.1 m147.5 m

Income tax expense

(26.4 m)(16.3 m)(28.4 m)(30.7 m)(29.5 m)(33.6 m)(35.9 m)(34.7 m)(31.1 m)

Net Income

100.2 m95.2 m88.2 m93 m92.5 m107.5 m113.2 m114.4 m116.4 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

1.5 b1.6 b1.3 b130.7 m339.2 m191.6 m228.7 m231.9 m

Accounts Receivable

13.6 m13.4 m12.6 m13.1 m

Inventories

64.5 m

Current Assets

1.8 b1.5 b2 b1.8 b

PP&E

339.7 m319 m295.6 m266.1 m

Goodwill

52.5 m52.5 m52.5 m52.5 m

Total Assets

2.7 b2.2 b2.4 b2.3 b

Accounts Payable

203.9 m

Current Liabilities

2 b1.9 b1.5 b1.5 b

Non-Current Liabilities

1.1 b1.1 b1.9 b2 b

Total Liabilities

3.1 b3 b3.4 b3.5 b

Common Stock

320 k322 k323 k324 k

Additional Paid-in Capital

18.9 b18.1 b17.6 b17 b

Retained Earnings

(19.4 b)(19 b)(18.6 b)(18.2 b)

Total Equity

(423.6 m)(883.5 m)(1.1 b)(1.2 b)

Financial Leverage

-6.3 x-2.4 x-2.2 x-1.9 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

237.4 m233.9 m705.9 m187.3 m177.9 m234 m171 m177.8 m454.6 m

Accounts Receivable

13.8 m16.1 m14.7 m14.4 m14.7 m16.2 m15.1 m15.8 m

Current Assets

1.6 b1.5 b1.9 b1.9 b1.9 b1.9 b1.9 b1.8 b1.8 b

PP&E

323.8 m318.8 m311.9 m304.4 m297.3 m286.2 m277.9 m270.2 m262.4 m

Goodwill

52.5 m52.5 m52.5 m52.5 m52.5 m52.5 m52.5 m52.5 m52.5 m

Total Assets

2.3 b2.2 b2.6 b2.6 b2.6 b2.3 b2.3 b2.3 b2.3 b

Accounts Payable

129.5 m133.5 m150.5 m166.6 m180.1 m148.7 m144.4 m162 m155 m

Current Liabilities

1.8 b1.8 b1.9 b1.9 b2 b1.5 b1.5 b1.5 b1.5 b

Non-Current Liabilities

1.1 b1.1 b1.6 b1.6 b1.6 b1.9 b2 b2 b2 b

Additional Paid-in Capital

18.5 b18.3 b18 b17.8 b17.7 b17.4 b17.3 b17.1 b16.8 b

Retained Earnings

(19.2 b)(19.1 b)(18.9 b)(18.8 b)(18.7 b)(18.5 b)(18.4 b)(18.3 b)(18 b)

Total Equity

(632.9 m)(748.8 m)(947.9 m)(994.3 m)(1 b)(1.1 b)(1.1 b)(1.2 b)(1.2 b)

Financial Leverage

-3.7 x-2.9 x-2.8 x-2.6 x-2.5 x-2.1 x-2.1 x-2 x-1.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

544.5 m355.3 m375.2 m440.6 m

Accounts Receivable

(2.5 m)(73 k)661 k(871 k)

Cash From Operating Activities

579.4 m600.9 m651.5 m667.9 m

Purchases of PP&E

(65.6 m)(39.3 m)(40.7 m)(26.6 m)

Cash From Investing Activities

(11.1 m)112.7 m(496.9 m)(40.4 m)

Cash From Financing Activities

(357.3 m)(859.8 m)(117.8 m)(623.8 m)

Interest Paid

58.9 m75.1 m99.5 m115.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

100.2 m95.2 m88.2 m93 m92.5 m107.5 m113.2 m114.4 m116.4 m

Accounts Receivable

13.8 m16.1 m14.7 m14.4 m14.7 m16.2 m15.1 m15.8 m
USDY, 2017

Revenue/Employee

291.5 k

Financial Leverage

-1.9 x

VeriSign Operating Metrics

VeriSign's Daily Transactions was reported to be 143 b in FY, 2016, which is a 19% increase from the previous period
FY, 2014FY, 2015FY, 2016

Daily Transactions

110 b120 b143 b

VeriSign Market Value History

VeriSign Revenue Breakdown

VeriSign Median Salaries

Source: 102 public H-1B filings from VeriSign

VeriSign Online and Social Media Presence

VeriSign Company Life and Culture

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