TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0001014473 /10-K filed Feb 5, 2026, compared with Feb 13, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
PTCFICOVRSNFFIVMPWRTYL
Nasdaq Technology · IT Services

Verisign VRSN

VRSN quote by TradingView

We are a global provider of critical internet infrastructure and domain name registry services, enabling internet navigation for many of the world’s most recognized domain names. 10-K, Item 1

Headquarters
Reston, VA
CEO
D. James Bidzos
Next results
around Feb 4, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $1.7B through the costs to a net profit of $825.7M · income statement of the 10-K

68% operating margin
Revenue to Gross profit: $1.5BRevenue to Cost of revenue: $196.3MGross profit to Operating profit: $1.1BGross profit to Operating expenses: $339.3MOperating profit to Net profit: $825.7MOperating profit to Tax & other: $295.3MOperating expenses to R&D: $103.6MOperating expenses to SG&A: $235.7M Revenue: $1.7B REVENUE $1.7B +6% Y/Y Gross profit: $1.5B · 88% margin GROSS PROFIT $1.5B 88% margin Cost of revenue: $196.3M · 12% of revenue COST OF REVENUE $196.3M 12% of revenue Operating profit: $1.1B · 68% margin OPERATING PROFIT $1.1B 68% margin · +6% Y/Y Operating expenses: $339.3M · 20% of revenue OPERATING EXPENSES $339.3M 20% of revenue Net profit: $825.7M · 50% margin NET PROFIT $825.7M 50% margin · +5% Y/Y Tax & other: $295.3M · 18% of revenue TAX & OTHER $295.3M 18% of revenue R&D: $103.6M · 6% of revenue R&D $103.6M 6% of revenue SG&A: $235.7M · 14% of revenue SG&A $235.7M 14% of revenue
Gross profit $1.5B 88% margin
Operating profit $1.1B 68% margin · +6% Y/Y
Net profit $825.7M 50% margin · +5% Y/Y
The full income statement, year by year

VRSN among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 6.4%, above 15% of 74 peers (their median 14.1%) REVENUE GROWTH 6.4% · above 15% Gross margin: 88.6%, above 97% of 67 peers (their median 56.4%) GROSS MARGIN 88.6% · above 97% Operating margin: 67.6%, above 97% of 70 peers (their median 22.2%) OPERATING MARGIN 67.6% · above 97% Net margin: 49.1%, above 93% of 74 peers (their median 18.9%) NET MARGIN 49.1% · above 93% FCF margin: 59.1%, above 99% of 70 peers (their median 22.3%) FCF MARGIN 59.1% · above 99%
VRSN Peer median Below the median

What changed

9 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Feb 5, 2026 against Feb 13, 2025.

Risk factors
9 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +37.5% vs revenue +6.4% (+31.1 pts)
10-K · XBRL
Accounting checks
9 other checks clear, 1 worth a look
10-K · XBRL
Insiders
2 open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 9 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +37.5% vs revenue +6.4% (+31.1 pts)
  • Cash from operations $1.1B vs net income $825.7M (FY ending Dec 31, 2025)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: KPMG LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Evaluation of accounting for income taxes
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

9 paragraphs in Risk Factors that were not in the 10-K filed Feb 13, 2025. Quoted as filed.

All 9 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    During the second quarter of 2025, we began to declare quarterly dividends. Future dividends will be subject to declaration by the Board and, thus, may be subject to numerous factors in existence at the time of any such declaration including, but not limited to, prevailing market conditions, our results of operations, financial…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    Our success depends in part on our internally developed technologies and related intellectual property. Despite our precautions, it may be possible for an external party to copy or otherwise obtain and use our intellectual property without
  3. Item 1A · new paragraph · not in the 10-K filed Feb 13, 2025 10-K, ITEM 1A
    The use of AI technology by third-parties, including our vendors, and our use of AI technology, tools, and services could expose us to cybersecurity, operational, intellectual property and regulatory risks that could adversely affect our business, reputation or financial results. The use of AI technology by third parties may increase…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

From the same starting line, FY2016 to FY2025

Revenue, net income and free cash flow, each set to 100 in FY2016. What happened, from the 10-Ks. Not a forecast.

FY2016 = 100
100 150 Revenue: $1.1B in FY2016, $1.7B in FY2025 REVENUE $1.7B · 1.5x Net income: $440.6M in FY2016, $825.7M in FY2025 NET INCOME $825.7M · 1.9x Free cash flow: $666.4M in FY2016, $1.1B in FY2025 FREE CASH FLOW $1.1B · 1.6x FY2016 = 100FY2021FY2025
Revenue 1.5x $1.1B to $1.7B
Net income 1.9x $440.6M to $825.7M
Free cash flow 1.6x $666.4M to $1.1B

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$1.4B$1.5B$1.6B$1.7B
Net income$673.8M$817.6M$785.7M$825.7M
Operating cash flow$831.1M$853.8M$902.6M$1.1B
Free cash flow$803.7M$808.0M$874.5M$1.1B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$1.7B ▲ 6.4% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Verisign, Reston, VA · from the 10-K filed Feb 5, 2026

We are a global provider of critical internet infrastructure and domain name registry services, enabling internet navigation for many of the world’s most recognized domain names. We help enable the security, stability, and resiliency of the Domain Name System (“DNS”) and the internet by providing Root Zone Maintainer services, operating two of the thirteen global internet root servers, and providing registration services and authoritative resolution for the. com and. net top-level domains (“TLDs”), which support the majority of global e-commerce.

Headquarters
Reston, VA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 22, 2026
Incorporated in
DE

Email alerts

Sources

The 10-K filed Feb 5, 2026 (open at SEC), compared with the 10-K filed Feb 13, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/VRSN/export.csv") into a cell.