# VeriSign Inc (VRSN) — Stock CV

VeriSign Inc is a $27.5B technology company. Revenue grew 6.9% over the last year, it keeps 50¢ of every dollar of sales as profit, and its net debt equals ~1.5 years of free cash flow. It trades at 32.3× earnings — in the most expensive third of its own history.

> Verisign is an operator of critical infrastructure within the domain name system, or DNS. As the registry for some of the world's most popular TLDs, .com and .net, Verisign directs DNS resolvers to the appropriate registry where IP addresses are stored.

## Identity

- **Ticker**: VRSN
- **Sector**: Technology
- **Industry**: Services-Computer Programming Services
- **Headquarters**: RESTON, VA
- **Employees**: 928
- **Website**: https://www.verisign.com
- **Market cap**: $27.5B
- **Last price**: $303.74
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $1.71B
- **Net income**: $850M
- **Free cash flow**: $1.07B
- **Net debt**: $1.57B
- **P/E**: 32.3
- **Revenue growth (YoY)**: 6.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 34 |
| Growth | 36 |
| Profitability | 75 |
| Health | 25 |
| Quality | 100 |
| Moat | 75 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +6.9% YoY
- [x] Profitable — $850M TTM
- [x] Profit growing — +12.2% YoY
- [x] Generates cash — $1.07B TTM
- [x] Debt under control — ~1.5y of cash flow to repay
- [x] Established company — $27.5B market cap
- [x] Not printing shares — -18.6% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 25/100
- [x] Pays a dividend — yield 1.06%
- [x] Valuation not extreme — P/E 32.3

## Experience (career milestones)

- **FY2025** — Best year on record: $826M net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $1.14B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- High gross margin (88.5%)
- Strongly profitable — 49.8% net margin
- Strong cash conversion — FCF is 62.4% of revenue
- Interest covered 22.2× by operating earnings
- Piotroski F-Score 8/9 — fundamentally strong checklist

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $1.33B | $785M | $754M |
| FY2022 | $1.42B | $674M | $804M |
| FY2023 | $1.49B | $818M | $808M |
| FY2024 | $1.56B | $786M | $875M |
| FY2025 | $1.66B | $826M | $1.07B |

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Source: https://stockcv.com/VRSN — derived from company filings; may be delayed or incomplete. Information, not investment advice.