Filing Flows › VeriSign (VRSN) › Q1 2025
VeriSign (VRSN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
VeriSign (VRSN) reported revenue of $402M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +2% from the quarter before. Operating margin was 67.4%, net earnings $199M (49.5% of revenue).
VeriSign, Q1 2025: revenue $402M (+5% year over year), operating margin 67.4%, net earnings $199M, operating cash flow $291M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $402M | +2% | +5% |
| Operating profit | $271M | +3% | +5% |
| Net earnings | $199M | +4% | +3% |
| Operating cash flow | $291M | +26% | +13% |
| Free cash flow | $286M | +29% | +13% |
What changed
Revenue was $402.3M in Q1 2025, up 5% year over year and up 2% from the previous quarter.
Operating profit was $271.2M, a 67.4% margin (unchanged year over year). Of the extra revenue versus a year earlier, 68% reached operating profit, above the 67% margin then. Total costs grew 5% against revenue growth of 5%. Net earnings were $199.3M, up 3% year over year. The effective tax rate was 22.9%.
Operating cash flow was $291.3M (up 13% year over year), 146% of net earnings. Non-cash charges added back $8.9M of depreciation and amortization and $17.5M of share-based compensation. Working capital and other items added $65.6M. Capital expenditures of $5.8M left free cash flow of $285.5M.
Questions
What was VeriSign's revenue in the first quarter 2025?
VeriSign (VRSN) reported revenue of $402M for the first quarter 2025 (Q1 2025), +5% from a year earlier and +2% from the quarter before.
Was VeriSign profitable in the first quarter 2025?
Operating profit was $271M (67.4% of revenue) and net earnings $199M.
Source: VeriSign 10-Q on SEC EDGAR.