VeriSign's Income Statement Analysis: Revenue to Profit Breakdown
VeriSign's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$1.33 B | $1.42 B | $1.49 B | $1.56 B | $1.66 B | $1.68 B |
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Cost of Revenue Direct cost of goods/services. |
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$191.93 M | $200.70 M | $197.30 M | $191.40 M | $196.30 M | $196.10 M |
Gross Profit Revenue minus cost of revenue. |
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$1.14 B | $1.22 B | $1.30 B | $1.37 B | $1.46 B | $1.49 B |
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Operating Expense
Costs to run business. |
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$268.84 M | $281.10 M | $295.20 M | $307.80 M | $339.30 M | $343.70 M |
Research and Development Investment in innovation. |
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$80.53 M | $85.70 M | $91.00 M | $96.70 M | $103.60 M | $105.10 M |
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Sales, General and Administrative
Selling and admin costs. |
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$188.31 M | $195.40 M | $204.20 M | $211.10 M | $235.70 M | $238.60 M |
General and Administrative Corporate overhead costs. |
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$148.43 M | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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$39.88 M | - | - | - | - | - |
Other Expenses Other operating costs. |
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-$1.33 M | - | - | - | - | - |
Operating Income Profit from operations. |
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$866.80 M | $943.10 M | $1.00 B | $1.06 B | $1.12 B | $1.14 B |
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Net Interest Income
Interest income minus expense. |
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-$82.70 M | -$60.40 M | -$29.20 M | -$37.90 M | -$56.40 M | -$51.80 M |
Interest Income Income from investments. |
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$582.00 K | $14.90 M | $46.10 M | $37.40 M | $20.60 M | $23.80 M |
Interest Expense Cost of borrowing. |
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$83.26 M | $75.30 M | $75.30 M | $75.30 M | $77.00 M | $75.60 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$1.33 M | -$12.40 M | -$51.20 M | -$39.00 M | -$19.30 M | -$11.80 M |
Total Other Income (Net) Net non-operating items. |
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-$84.58 M | -$62.90 M | -$24.10 M | -$36.30 M | -$52.50 M | -$53.90 M |
Income Before Tax Profit before taxes. |
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$782.22 M | $880.20 M | $976.50 M | $1.02 B | $1.07 B | $1.09 B |
Income Tax Expense Taxes on income. |
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-$2.61 M | $206.40 M | $158.90 M | $236.20 M | $113.00 M | $248.60 M |
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Net Income
Final profit. |
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$784.80 M | $673.80 M | $817.60 M | $785.70 M | $955.50 M | $840.90 M |
Net Income From Continuing Operations Profit from core business. |
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$784.83 M | $673.80 M | $817.60 M | $785.70 M | $955.50 M | $840.90 M |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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-$30.00 K | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$7.01 | $6.24 | $7.91 | $8.01 | $8.83 | $9.06 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$7.00 | $6.24 | $7.90 | $8.00 | $8.81 | $9.05 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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112.02 M | 107.90 M | 103.40 M | 98.10 M | 92.40 M | 91.60 M |
Diluted Average Shares Outst. Shares including dilution. |
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112.17 M | 108.00 M | 103.50 M | 98.20 M | 92.60 M | 91.80 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$865.47 M | $955.50 M | $1.05 B | $1.10 B | $1.14 B | $1.16 B |
EBITDA Earnings before interest, tax, D&A. |
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$913.41 M | $1.00 B | $1.10 B | $1.13 B | $1.17 B | $1.18 B |
Depreciation and Amortization Non-cash expense for assets. |
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$47.94 M | $46.90 M | $44.10 M | $36.90 M | $31.20 M | $28.70 M |
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VeriSign's Assets vs Liabilities & Equity
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