VRSNVERISIGN INC/CA
Services-Computer Programming Services
- Revenue
- $1.7B
- 6.4% YoY
- Operating margin
- 67.7%
- 0.4% YoY
- EBITDA
- $1.2B
- 5.2% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.2×
- −$207M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear132% of net incomeCash flow under 80% of net income
- Dilutive SBCClear4% of revenueOver 10% of revenue
- Payouts exceed cash flowFired101% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B | 6.4% |
| Operating income | $867M | $943M | $1.0B | $1.1B | $1.1B | 5.9% |
| Net income | $785M | $674M | $818M | $786M | $826M | 5.1% |
| Operating cash flow | $807M | $831M | $854M | $903M | $1.1B | 21% |
| Capex | $53M | $27M | $46M | $28M | $23M | 19% |
| Stock-based comp | $53M | $59M | $60M | $61M | $70M | 14% |
| Buybacks | $723M | $1.0B | $901M | $1.2B | $882M | 28% |
| Dividends | — | — | $0 | $0 | $215M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $9M · 42
- Net
- −$9M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $16M | $24M | 113 | 258 |
| FY2024 | $14M | $12M | 96 | 208 |
| FY2023 | $12M | $10M | 95 | 152 |
| FY2022 | $11M | $7M | 95 | 97 |
| FY2021 | $10M | $13M | 117 | 135 |