VeriSign (VRSN) 10-K Summary — Year Ended Dec 31, 2023
The filing provides limited business description but includes financial metrics and liquidity details. Revenue grew year over year, and the company maintains a strong liquidity position.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
The filing provides limited business description but includes financial metrics and liquidity details. Revenue grew year over year, and the company maintains a strong liquidity position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$1.5B
Revenue reported for the fiscal year.
Operating income
$1B
Income from operations reported for the year.
Net income
$817.6M
Net income reported for the year.
Operating cash flow
$853.8M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $1.3B | n/a |
| Dec 31, 2022 | $1.4B | +7.3% |
| Dec 31, 2023 | $1.5B | +4.8% |
Business overview
The filing does not include a description of the company's business. The company is identified as VeriSign, Inc.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were positive. Operating cash flow was robust.
Material risks
The filing does not provide specific risk factors.
Liquidity and capital
The company holds a large amount of cash, cash equivalents, and short-term marketable securities. Its investment policy focuses on capital preservation.
What to watch
Monitor the trend of revenue growth in the next filing.