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Verisign

VRSN on Nasdaq. Computer programming services. Market value $26.4bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Good business, but not cheap right now

Why it could be worth it

What to watch out for

See cheaper Technology stocks on the list

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to June 2026
4.0%fair

For every $100 of what the whole company costs, it produced $4.03 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to December 2025
n/a

The filings do not give us enough to work this out.

Quality score: 70 of 100. Price score: 56 of 100. Our list needs 70 on quality and 60 on price.

$293.10 a share, 40% above its 1-year low

Over the past year the price has ranged from $208.86 to $312.48.

Dividend: 0.8% a year

Paid in its latest year

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.8
0.8
0.8
0.9
1.1
1.1
2021202220232024202512 monthsto Jun '26
Revenue
$1.3bn$1.4bn$1.5bn$1.6bn$1.7bn
Operating margin
65.3%66.2%67.0%67.9%67.7%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.11bn0.10bn0.10bn0.09bn0.09bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)8 of 8 checks we could run
  • Profit backed by cash (accruals)No
  • DebtUnknown
  • Revenue growth, five yearsSlow, 5.5% a year
  • Buying back its own sharesYes, 15% fewer since 2021

The quarter to June 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $435 million last quarter, up 6% on a year ago.
  • Profit: $217 million, up 4% on a year ago.
  • It keeps 68 cents of each $1 of sales as operating profit, about the same as a year earlier.
  • Spare cash over the past 12 months: $1.1 billion, up from $950 million.
  • 3% fewer shares than a year ago. Each share owns a bit more of the company.
  • Sales grew on a year ago in each of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
September 2024$391m
December 2024$395m
March 2025$402m
June 2025$410m
September 2025$419m
December 2025$425m
March 2026$429m
June 2026$435m
Profit by quarter
Profit by quarter
Quarter toAmount
September 2024$201m
December 2024$192m
March 2025$199m
June 2025$207m
September 2025$213m
December 2025$206m
March 2026$215m
June 2026$217m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
22 October 2026
Last annual report (10-K)
5 February 2026
Next quarterly (estimated, 10-Q)
22 October 2026

Who owns it

6 long-term investors we follow own it, unchanged from 6 last quarter. 885 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

5 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 1 insider bought $19,493 of shares on the open market. 4 sold $38m, $36m of it under preset trading plans.

  • Indelicarto Thomas C
    EVP, Gen Counsel & Secretary
    Sold
    under a preset trading plan
    Date
    1 October 2026
    Shares
    500
    Price
    $284.38
    Value
    $142,190
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    29 September 2026
    Shares
    3,300
    Price
    $278.78
    Value
    $919,976
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    22 September 2026
    Shares
    3,300
    Price
    $304.74
    Value
    $1m
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    15 September 2026
    Shares
    3,300
    Price
    $296.58
    Value
    $978,713
  • Indelicarto Thomas C
    EVP, Gen Counsel & Secretary
    Sold
    under a preset trading plan
    Date
    8 September 2026
    Shares
    500
    Price
    $289.16
    Value
    $144,580
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    8 September 2026
    Shares
    3,300
    Price
    $284.40
    Value
    $938,525
  • Indelicarto Thomas C
    EVP, Gen Counsel & Secretary
    Sold
    under a preset trading plan
    Date
    1 September 2026
    Shares
    500
    Price
    $290.78
    Value
    $145,390
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    1 September 2026
    Shares
    3,300
    Price
    $291.09
    Value
    $960,592
  • Armstrong Courtney D
    Director
    Bought
    Date
    27 August 2026
    Shares
    19
    Price
    $293.68
    Value
    $5,671
  • BIDZOS D JAMES
    Exec. Chairman, Pres, & CEO, Director
    Sold
    under a preset trading plan
    Date
    25 August 2026
    Shares
    3,300
    Price
    $291.16
    Value
    $960,812

From Form 4 filings: insiders must report trades in their own company's shares within two days.

What could go wrong

  • It owes more than it owns on paper (negative equity). Often that's from borrowing to buy back shares.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.