VeriSign, Inc. (VRSN) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:1,1761,2271,2792,4241,8081,9271,433
Cash and cash equivalents401508357466232229192
Short-term investments7667109121,9491,5661,6871,233
Other undisclosed cash, cash equivalents, and short-term investments999910128
Restricted cash and investments999   8
Receivables51665131313
Prepaid expense18201416141516
Deferred costs      11
Deferred tax assets    0
Other current assets2224221
Other undisclosed current assets746(3)6119
Total current assets:1,2181,2791,3172,4461,8421,9681,491
Noncurrent Assets
Nontrade receivables      6
Property, plant and equipment246250254264266296319
Intangible assets, net (including goodwill)53535353535353
Goodwill53535353535353
Regulated entity, other noncurrent assets   10 10 
Deposits noncurrent assets145145145145145  
Restricted cash and investments      8
Deferred costs      10
Deferred income tax assets68 
Other noncurrent assets38404119192426
Other undisclosed noncurrent assets 88105597243
Total noncurrent assets:549575597495492390664
TOTAL ASSETS:1,7671,8541,9152,9412,3352,3582,155
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:209210215220204188190
Accounts payable12161021192329
Accrued liabilities11112923202034
Employee-related liabilities55505551615249
Taxes payable27301913231747
Other undisclosed accounts payable and accrued liabilities104103102111807630
Deferred revenue780755
Debt   628630634631
Deferred revenue and credits713688680621
Deferred tax liabilities    478
Customer advances and deposits   30
Other undisclosed current liabilities  732   (30)
Total current liabilities:9899659481,5611,5221,5031,921
Noncurrent Liabilities
Liabilities, other than long-term debt4018215011,075988901578
Deferred revenue and credits286287281269
Deferred revenue283279
Deferred tax liabilities, net0444371294 
Liability for uncertainty in income taxes23229220217212211210
Other liabilities9531328112811711599
Other undisclosed noncurrent liabilities1,7671,5581,8511,5661,0251,024540
Total noncurrent liabilities:2,1682,3792,3522,6412,0131,9251,118
Total liabilities:3,1573,3443,3004,2013,5353,4283,038
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,390)(1,490)(1,385)(1,260)(1,201)(1,070)(883)
Common stock 000000
Additional paid in capital 14,99015,70716,43716,98717,55918,120
Accumulated other comprehensive loss(3)(3)(3)(3)(3)(4)(3)
Accumulated deficit(15,663)(16,477)(17,090)(17,695)(18,185)(18,626)(19,001)
Other undisclosed stockholders' equity attributable to parent14,275      
Total stockholders' equity:(1,390)(1,490)(1,385)(1,260)(1,201)(1,070)(883)
TOTAL LIABILITIES AND EQUITY:1,7671,8541,9152,9412,3352,3582,155

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,2651,2321,2151,1651,1421,0591,010
Cost of revenue(180)(180)(192)(193)(198)(193)(188)
Gross profit:1,0851,0511,023972944867822
Operating expenses(261)(245)(255)(264)(257)(261)(321)
Other undisclosed operating income      64
Operating income:824806767708687606564
Nonoperating income (expense)1643772810(11)5
Investment income, nonoperating8272618626
Foreign currency transaction loss, before tax      (1)
Other nonoperating income (expense)(0)020212
Interest and debt expense(90)(91)(115)(136)(116)(108)(86)
Income from continuing operations before income taxes:750759730599581488483
Income tax expense (benefit)65(146)(147)(142)(141)(112)(128)
Net income available to common stockholders, diluted:815612582457441375355

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:815612582457441375355
Other comprehensive income (loss)(0)0011(1)0
Comprehensive income, net of tax, attributable to parent:815612583458441374355

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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