VeriSign (VRSN) stock price, revenue, and financials

VeriSign market cap is $24.7 b, and annual revenue was $1.23 b in FY 2019

$24.7 B

VRSN Mkt cap, 22-May-2020

$312.5 M

VeriSign Revenue Q1, 2020
VeriSign Gross profit (Q1, 2020)267 M
VeriSign Gross profit margin (Q1, 2020), %85.4%
VeriSign Net income (Q1, 2020)334.1 M
VeriSign EBIT (Q1, 2020)206.3 M
VeriSign Cash, 31-Mar-2020498.7 M

VeriSign Revenue

VeriSign revenue was $1.23 b in FY, 2019

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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 Income Statement

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

Gross profit Margin, %

83%83%84%85%

Sales and marketing expense

80.3m82.0m64.9m46.6m

R&D expense

59.1m52.3m57.9m60.8m

General and administrative expense

118.0m129.8m132.7m137.6m

Operating expense total

257.4m264.0m447.6m245.1m

EBIT

686.6m707.7m767.4m806.1m

EBIT margin, %

60%61%63%65%

Interest expense

115.6m136.3m114.8m43.3m

Pre tax profit

581.2m599.0m729.5m758.8m

Income tax expense

140.5m(141.8m)147.0m146.5m

Net Income

440.6m457.2m582.5m612.3m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

82%83%83%82%83%84%84%84%84%85%86%86%85%

Sales and marketing expense

20.0m19.8m18.6m18.3m19.5m18.7m17.3m33.8m13.9m10.5m12.4m9.9m6.6m

R&D expense

16.7m14.3m14.3m13.3m13.5m12.7m15.4m29.1m13.7m16.1m15.0m14.6m17.4m

General and administrative expense

27.8m27.4m30.0m31.0m33.0m32.7m33.1m64.8m35.0m34.0m33.2m33.9m36.7m

Operating expense total

115.1m110.2m112.8m113.3m113.6m111.4m113.9m223.3m110.8m106.2m60.5m58.4m60.7m

EBIT

166.8m176.3m174.8m175.3m175.0m181.1m185.4m378.4m195.0m200.3m201.7m205.6m206.3m

EBIT margin, %

59%62%61%61%61%62%62%63%64%65%66%67%66%

Interest expense

28.8m28.9m28.9m29.0m29.1m37.8m40.8m69.6m22.6m22.6m11.4m10.5m

Pre tax profit

141.1m149.1m149.1m147.5m159.9m149.5m152.4m317.3m178.3m189.8m190.5m193.5m190.8m

Income tax expense

33.6m35.9m34.7m31.1m36.8m34.6m18.2m54.7m40.6m27.3m43.0m39.6m(143.3m)

Net Income

107.5m113.2m114.4m116.4m123.1m114.9m134.3m262.6m137.7m162.5m147.5m153.9m334.1m

VeriSign Balance Sheet

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

PP&E

266.1m263.5m253.9m250.3m

Goodwill

52.5m52.5m52.5m52.5m

Total Assets

2.3b2.9b1.9b1.9b

Accounts Payable

203.9m219.6m215.2m210.0m

Short-term debt

627.6m

Current Liabilities

1.5b1.6b947.6m965.2m

Long-term debt

1.8b

Non-Current Liabilities

2.0b2.6b2.4b2.4b

Total Debt

2.4b

Total Liabilities

3.5b4.2b3.3b3.3b

Common Stock

324.0k325.0k352.0k353.0k

Preferred Stock

Additional Paid-in Capital

17.0b16.4b15.7b15.0b

Retained Earnings

(18.2b)(17.7b)(17.1b)(16.5b)

Total Equity

(1.2b)(1.3b)(1.4b)(1.5b)

Debt to Equity Ratio

-1.9 x

Debt to Assets Ratio

0.8 x

Financial Leverage

-1.9 x-2.3 x-1.4 x-1.2 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

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

Accounts Receivable

16.2m15.1m15.8m

Prepaid Expenses

70.4m68.1m

Current Assets

1.9b1.9b1.8b1.8b1.8b2.4b2.4b1.2b1.2b1.3b1.3b1.3b1.2b

PP&E

286.2m277.9m270.2m262.4m261.9m265.3m257.5m256.1m256.3m252.2m250.8m250.2m247.8m

Goodwill

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

Total Assets

2.3b2.3b2.3b2.3b2.3b2.9b2.9b1.9b1.9b1.9b1.9b1.9b1.8b

Accounts Payable

148.7m144.4m162.0m155.0m178.3m193.5m181.6m183.5m176.1m184.0m171.2m200.4m180.0m

Current Liabilities

1.5b1.5b1.5b1.5b1.5b1.5b1.5b921.2m913.6m941.3m934.7m960.9m955.7m

Non-Current Liabilities

1.9b2.0b2.0b2.0b2.0b2.6b2.6b2.4b2.4b2.4b2.4b2.4b2.2b

Total Liabilities

3.4b3.4b3.5b3.5b3.5b4.1b4.1b3.3b3.3b3.3b3.3b3.3b3.2b

Common Stock

353.0k353.0k

Preferred Stock

Additional Paid-in Capital

17.4b17.3b17.1b16.8b16.7b16.6b16.3b16.0b15.9b15.5b15.4b15.2b14.7b

Retained Earnings

(18.5b)(18.4b)(18.3b)(18.0b)(17.9b)(17.8b)(17.5b)(17.4b)(17.3b)(16.9b)(16.8b)(16.6b)(16.1b)

Total Equity

(1.1b)(1.1b)(1.2b)(1.2b)(1.2b)(1.2b)(1.2b)(1.4b)(1.4b)(1.4b)(1.4b)(1.5b)(1.4b)

Financial Leverage

-2.1 x-2.1 x-2 x-1.9 x-1.9 x-2.4 x-2.4 x-1.4 x-1.3 x-1.4 x-1.3 x-1.3 x-1.2 x

VeriSign Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

440.6m457.2m582.5m612.3m

Depreciation and Amortization

49.9m48.4m46.3m

Accounts Receivable

(871.0k)

Inventories

Accounts Payable

15.5m(2.1m)(24.0k)

Cash From Operating Activities

667.9m702.8m697.8m753.9m

Purchases of PP&E

(26.6m)(49.5m)(37.0m)(40.3m)

Cash From Investing Activities

(40.4m)(405.1m)1.1b167.2m

Cash From Financing Activities

(623.8m)(65.1m)(1.9b)(770.3m)

Net Change in Cash

233.9m150.8m

Interest Paid

115.5m117.2k118.0m87.7m

Income Taxes Paid

28.3m90.0m

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

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

Depreciation and Amortization

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

Accounts Receivable

16.2m15.1m15.8m

Accounts Payable

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

Cash From Operating Activities

328.9m503.6m90.0m291.8m479.3m187.3m352.2m560.3m180.1m

Purchases of PP&E

(19.0m)(40.6m)(7.7m)(18.7m)(29.6m)(9.1m)(20.2m)(31.5m)(11.0m)

Cash From Investing Activities

(1.7m)(531.6m)1.3b1.0b984.4m430.7m418.1m(237.8m)79.1m

Cash From Financing Activities

(317.8m)81.8m(144.9m)(1.5b)(1.7b)(196.0m)(376.3m)(570.3m)(267.3m)

Net Change in Cash

394.2m(248.1m)(9.5m)

Interest Paid

58.8m86.6m43.3m74.0m87.2m13.1m43.7m57.1m13.2m

Income Taxes Paid

62.2m75.2m15.9m

VeriSign Ratios

USDY, 2020

Financial Leverage

-1.2 x

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