VRSNVerisign

$308.49+32% 1Y

The business

How VRSN's business earns

Verisign keeps 68% of every revenue dollar as operating profit, against 7.8% for the median Software - Infrastructure name.

68%

Operating margin · Software - Infrastructure median 7.8% · 12 months to Sep 30, 2026

Cash conversion
1.19×

Cash conversion · 1.21× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
−3.4%

Share count, year on year · fewer shares than a year ago

R&D as % of revenue
6.2%

R&D as % of revenue

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY202065%
FY202165%
FY202266%
FY202367%
FY202468%
FY202568%
Details›
Gross margin12 months to Sep 30, 2026
89%
Operating margin12 months to Sep 30, 2026
68%
Net margin12 months to Sep 30, 2026
49%
Free cash flow margin
59%
R&D as % of revenue
6.2%
Revenue, trailing twelve months
$1.73B
Free cash flow, trailing twelve months
$1.02B
Net income, trailing twelve months
$850M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Customers and suppliers

Who buys from VRSN and who it buys from, as the companies report it.

31%of revenue comes from largest customer
Customerswho buys
Supplierswho it buys from

None disclosed.

Across 3,049 annual reports, 267 companies get a quarter of their revenue from one customer: our study ›
Verisign (VRSN) Customers, Suppliers and Margins · Ryufin