VeriSign, Inc. (VRSN) financial statements (2020 and earlier)

Company profile

Business Address 12061 BLUEMONT WAY
RESTON, VA 20190
State of Incorp. DE
Fiscal Year End December 31
SIC 7371 - Computer Programming Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,2271,2792,4241,8081,9271,4331,732
Cash and cash equivalents508357466232229192339
Short-term investments7109121,9491,5661,6871,2331,384
Other undisclosed cash, cash equivalents, and short-term investments999101288
Restricted cash and investments99   88
Receivables166513131314
Prepaid expense20141614151614
Deferred costs     1111
Deferred tax assets    0 
Other current assets2242210
Other undisclosed current assets46(3)611925
Total current assets:1,2791,3172,4461,8421,9681,4911,803
Noncurrent Assets
Nontrade receivables     6
Property, plant and equipment250254264266296319340
Intangible assets, net (including goodwill)53535353535353
Goodwill53535353535353
Regulated entity, other noncurrent assets  10 10  
Deposits noncurrent assets145145145145   
Restricted cash and investments     88
Deferred costs     1012
Other noncurrent assets40411919242628
Other undisclosed noncurrent assets88105597243418
Total noncurrent assets:575597495492390664858
TOTAL ASSETS:1,8541,9152,9412,3352,3582,1552,661
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:210215220204188190149
Accounts payable161021192329 
Accrued liabilities112923202034 
Employee-related liabilities505551615249 
Taxes payable30191323174720
Other undisclosed accounts payable and accrued liabilities103102111807630129
Deferred revenue755
Debt  628630634631624
Deferred revenue and credits713688680621595
Deferred tax liabilities    478661
Customer advances and deposits   30
Other undisclosed current liabilities 732   (30) 
Total current liabilities:9659481,5611,5221,5031,9212,029
Noncurrent Liabilities
Liabilities, other than long-term debt8215011,075988901578492
Deferred revenue and credits286287281269261
Deferred revenue279
Deferred tax liabilities, net0444371294  
Liability for uncertainty in income taxes229220217212211210187
Other liabilities3132811281171159945
Other undisclosed noncurrent liabilities1,5581,8511,5661,0251,024540563
Total noncurrent liabilities:2,3792,3522,6412,0131,9251,1181,055
Total liabilities:3,3443,3004,2013,5353,4283,0383,084
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,490)(1,385)(1,260)(1,201)(1,070)(883)(424)
Common stock0000000
Treasury stock, value      (6,000)
Additional paid in capital14,99015,70716,43716,98717,55918,12018,935
Accumulated other comprehensive loss(3)(3)(3)(3)(4)(3)(3)
Accumulated deficit(16,477)(17,090)(17,695)(18,185)(18,626)(19,001)(19,356)
Other undisclosed stockholders' equity attributable to parent      6,000
Total stockholders' equity:(1,490)(1,385)(1,260)(1,201)(1,070)(883)(424)
TOTAL LIABILITIES AND EQUITY:1,8541,9152,9412,3352,3582,1552,661

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,2321,2151,1651,1421,0591,010965
Cost of revenue(180)(192)(193)(198)(193)(188)(187)
Gross profit:1,0511,023972944867822778
Operating expenses(245)(255)(264)(257)(261)(321)(310)
Other undisclosed operating income     6461
Operating income:806767708687606564528
Nonoperating income (expense)43772810(11)53
Investment income, nonoperating2726186263
Foreign currency transaction gain (loss), before tax     (1)3
Other nonoperating income0202120
Interest and debt expense(91)(115)(136)(116)(108)(86)(75)
Income from continuing operations before income taxes:759730599581488483457
Income tax expense (benefit)(146)(147)(142)(141)(112)(128)88
Net income available to common stockholders, diluted:612582457441375355544

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:612582457441375355544
Other comprehensive income (loss)0011(1)0(3)
Comprehensive income, net of tax, attributable to parent:612583458441374355542

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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