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VeriSign (VRSN) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 24, 2025

VeriSign (VRSN) reported revenue of $410M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +2% from the quarter before. Operating margin was 68.5%, net earnings $207M (50.6% of revenue).

Revenue$410M
Year over year+6%
Quarter over quarter+2%
Operating margin68.5%
Net earnings$207M

VeriSign, Q2 2025: revenue $410M (+6% year over year), operating margin 68.5%, net earnings $207M, operating cash flow $202M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$410M+2%+6%
Operating profit$281M+4%+5%
Net earnings$207M+4%+4%
Operating cash flow$202M-30%+26%
Free cash flow$195M-32%+29%

What changed

Revenue was $409.9M in Q2 2025, up 6% year over year and up 2% from the previous quarter.

Operating profit was $280.7M, a 68.5% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 64% reached operating profit, below the 69% margin then. Total costs grew 7% against revenue growth of 6%. Net earnings were $207.4M, up 4% year over year. The effective tax rate was 22.4%.

Operating cash flow was $202.5M (up 26% year over year), 98% of net earnings. Non-cash charges added back $8.3M of depreciation and amortization and $15.9M of share-based compensation. Working capital and other items used $29.1M. Capital expenditures of $7.8M left free cash flow of $194.7M.

Questions

What was VeriSign's revenue in the second quarter 2025?

VeriSign (VRSN) reported revenue of $410M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +2% from the quarter before.

Was VeriSign profitable in the second quarter 2025?

Operating profit was $281M (68.5% of revenue) and net earnings $207M.

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Source: VeriSign 10-Q on SEC EDGAR.