$VRSN
VeriSign, Inc Stock $vrsn

$vrsn Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000101447323000038 Filed on October 26, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q4
Revenue	$380.4M	$376.3M	$369.2M
YoY Change	3.03%	5.44%	8.49%
Cost Of Revenue	$48.50M	$48.60M	$50.50M
YoY Change	-3.96%	-2.8%	2.29%
Gross Profit	$331.9M	$327.7M	$318.7M
YoY Change	4.14%	6.78%	9.54%
Gross Profit Margin	87.25%	87.08%	86.32%
Selling, General & Admin	$52.70M	$51.70M	$51.70M
YoY Change	1.93%	5.3%	7.74%
% of Gross Profit	15.88%	15.78%	16.22%
Research & Development	$22.90M	$21.70M	$21.50M
YoY Change	6.51%	3.33%	3.15%
% of Gross Profit	6.9%	6.62%	6.75%
Depreciation & Amortization	$10.40M	$10.80M	$11.70M
YoY Change	-11.11%	-5.26%	-5.12%
% of Gross Profit	3.13%	3.3%	3.67%
Operating Expenses	$75.60M	$73.40M	$73.20M
YoY Change	3.28%	4.71%	6.35%
Operating Profit	$256.3M	$254.3M	$245.5M
YoY Change	4.4%	7.39%	10.53%
Interest Expense	-$18.80M	$18.80M	-$18.80M
YoY Change	0.0%	0.0%	0.62%
% of Operating Profit	-7.34%	7.39%	-7.66%
Other Income/Expense, Net	$14.10M	$13.10M	$5.600M
YoY Change	151.79%	167.35%	-14100.0%
Pretax Income	$251.6M	$248.6M	$232.3M
YoY Change	8.31%	11.53%	14.22%
Income Tax	-$13.10M	$60.10M	$52.80M
% Of Pretax Income	-5.21%	24.18%	22.73%
Net Earnings	$264.7M	$188.5M	$179.5M
YoY Change	47.47%	11.21%	-45.62%
Net Earnings / Revenue	69.58%	50.09%	48.62%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.60	$1.83	$1.70
COMMON SHARES
Basic Shares Outstanding	102.1M shares	103.1M shares	106.0M shares
Diluted Shares Outstanding		103.0M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$926.4M	$944.0M	$980.4M
YoY Change	-5.51%	-3.69%	-18.69%
Cash & Equivalents	$240.1M	$157.7M	$373.6M
Short-Term Investments	$686.3M	$786.0M	$606.8M
Other Short-Term Assets	$61.90M	$63.50M	$1.400M
YoY Change	4321.43%	-7.03%	-97.77%
Inventory
Prepaid Expenses	$23.30M		$24.50M
Receivables	$6.300M	$4.600M	$6.200M
Other Receivables	$7.300M	$0.00	$1.900M
Total Short-Term Assets	$988.3M	$1.007B	$1.039B
YoY Change	-4.85%	-3.96%	-18.13%
LONG-TERM ASSETS
Property, Plant & Equipment	$233.2M	$238.2M	$232.0M
YoY Change	0.52%	1.28%	-7.64%
Goodwill	$52.50M	$52.50M	$52.50M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$475.0M	$29.10M	$30.60M
YoY Change	1452.29%	-11.01%	-14.29%
Total Long-Term Assets	$760.7M	$688.9M	$694.7M
YoY Change	9.5%	-1.01%	-2.85%
TOTAL ASSETS
Total Short-Term Assets	$988.3M	$1.007B	$1.039B
Total Long-Term Assets	$760.7M	$688.9M	$694.7M
Total Assets	$1.749B	$1.696B	$1.733B
YoY Change	0.9%	-2.78%	-12.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$257.4M	$9.000M	$9.800M
YoY Change	2526.53%	13.92%	8.93%
Accrued Expenses	$101.0M	$97.00M	$100.2M
YoY Change	0.8%	0.62%	0.04%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.189B	$1.174B	$1.117B
YoY Change	6.41%	7.17%	3.99%
LONG-TERM LIABILITIES
Long-Term Debt	$1.790B	$1.790B	$1.788B
YoY Change	0.13%	0.15%	0.12%
Other Long-Term Liabilities	$351.3M	$45.40M	$62.10M
YoY Change	465.7%	-30.05%	-20.99%
Total Long-Term Liabilities	$2.142B	$2.156B	$2.179B
YoY Change	-1.71%	-1.64%	0.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.189B	$1.174B	$1.117B
Total Long-Term Liabilities	$2.142B	$2.156B	$2.179B
Total Liabilities	$3.330B	$3.329B	$3.296B
YoY Change	1.04%	1.29%	1.58%
SHAREHOLDERS EQUITY
Retained Earnings	-$13.39B	-$13.65B	-$14.20B
YoY Change	-5.76%	-5.09%	-4.53%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$13.43B
YoY Change		7.1%
Treasury Stock Shares
Shareholders Equity	-$1.581B	-$1.633B	-$1.562B
YoY Change
Total Liabilities & Shareholders Equity	$1.749B	$1.696B	$1.733B
YoY Change	0.9%	-2.78%	-12.62%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q4
OPERATING ACTIVITIES
Net Income	$264.7M	$188.5M	$179.5M
YoY Change	47.47%	11.21%	-45.62%
Depreciation, Depletion And Amortization	$10.40M	$10.80M	$11.70M
YoY Change	-11.11%	-5.26%	-5.12%
Cash From Operating Activities	$204.2M	$245.3M	$216.9M
YoY Change	-5.86%	-6.45%	5.17%
INVESTING ACTIVITIES
Capital Expenditures	$5.000M	$28.60M	$7.700M
YoY Change	-35.06%	-514.49%	-157.05%
Acquisitions
YoY Change
Other Investing Activities	$109.1M	-$184.4M	-$182.6M
YoY Change	-159.75%	595.85%	349.13%
Cash From Investing Activities	$104.1M	-$213.0M	-$190.3M
YoY Change	-154.7%	537.72%	251.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-226.3M	-218.1M	-214.1M
YoY Change	5.7%	-20.34%	15.22%
NET CHANGE
Cash From Operating Activities	204.2M	245.3M	216.9M
Cash From Investing Activities	104.1M	-213.0M	-190.3M
Cash From Financing Activities	-226.3M	-218.1M	-214.1M
Net Change In Cash	82.00M	-185.8M	-187.5M
YoY Change	-143.73%	312.89%	456.02%
FREE CASH FLOW
Cash From Operating Activities	$204.2M	$245.3M	$216.9M
Capital Expenditures	$5.000M	$28.60M	$7.700M
Free Cash Flow	$199.2M	$216.7M	$209.2M
YoY Change	-4.78%	-19.47%	-4.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	15600000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-700000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3700000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2500000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-16200000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	43000000.0	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	82100000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-10500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	649600000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	614200000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	750800000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	985800000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	911500000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	40800000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	19700000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-201500000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	546000000.0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	675800000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	834000000.0	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	12300000	usd
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	12300000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-663500000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-821700000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-600000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1400000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	337100000	usd
CY2023Q3	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	22400000	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	27000000.0	usd
CY2023Q3	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	4300000	usd
CY2022Q4	us-gaap	Time Deposits At Carrying Value TimeDepositsAtCarryingValue	4100000	usd
CY2023Q3	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	136300000	usd
CY2022Q4	us-gaap	Money Market Funds At Carrying Value MoneyMarketFundsAtCarryingValue	178600000	usd
CY2023Q3	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	785800000	usd
CY2022Q4	us-gaap	Financial Instruments Owned Us Government And Agency Obligations At Fair Value FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue	776100000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	373600000	usd
CY2023Q3	us-gaap	Restricted Cash Equivalents Noncurrent RestrictedCashEquivalentsNoncurrent	5300000	usd
CY2022Q4	us-gaap	Restricted Cash Equivalents Noncurrent RestrictedCashEquivalentsNoncurrent	5400000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	163000000.0	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	379000000.0	usd
CY2023Q3	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	785800000	usd
CY2022Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	606800000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	948800000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	985800000	usd
CY2023Q3	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	1620000000	usd
CY2022Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	1650000000	usd
CY2023Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	27400000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	24300000	usd
CY2023Q3	vrsn	Prepaidregistryfeescurrent Prepaidregistryfeescurrent	24600000	usd
CY2022Q4	vrsn	Prepaidregistryfeescurrent Prepaidregistryfeescurrent	24300000	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	4600000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6200000	usd
CY2023Q3	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	2400000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	3300000	usd
CY2023Q3	us-gaap	Other Assets Current OtherAssetsCurrent	63500000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	58300000	usd
CY2023Q3	us-gaap	Restricted Cash RestrictedCash	5300000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	5400000	usd
CY2023Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	2300000	usd
CY2022Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	2300000	usd
CY2023Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	29100000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	30600000	usd
CY2023Q3	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	9400000	usd
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	9800000	usd
CY2023Q3	us-gaap	Customer Deposits Current CustomerDepositsCurrent	75300000	usd
CY2022Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	72000000.0	usd
CY2023Q3	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	50800000	usd
CY2022Q4	us-gaap	Accrued Employee Benefits Current AccruedEmployeeBenefitsCurrent	59000000.0	usd
CY2023Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	24600000	usd
CY2022Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	19500000	usd
CY2023Q3	vrsn	Accruedfees Accruedfees	13300000	usd
CY2022Q4	vrsn	Accruedfees Accruedfees	12700000	usd
CY2023Q3	vrsn	Customer Incentives Payable CustomerIncentivesPayable	7400000	usd
CY2022Q4	vrsn	Customer Incentives Payable CustomerIncentivesPayable	7100000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-40100000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-300000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	1475000000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	909300000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-216000000.0	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	379000000.0	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	228800000	usd
	us-gaap	Interest Paid Net InterestPaidNet	49500000	usd
	us-gaap	Interest Paid Net InterestPaidNet	49600000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	178800000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	159600000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents And Short Term Investments CashCashEquivalentsAndShortTermInvestments	948800000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	157700000	usd
CY2023Q3	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	4500000	usd
CY2022Q4	us-gaap	Foreign Currency Contract Asset Fair Value Disclosure ForeignCurrencyContractAssetFairValueDisclosure	200000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	8800000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	7200000	usd
CY2023Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	2600000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	3500000	usd
CY2023Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	232200000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	226500000	usd
CY2023Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	219900000	usd
CY2023Q3	vrsn	Treasury Stock Shares Repurchased Average Cost Per Share TreasuryStockSharesRepurchasedAverageCostPerShare	208.41
	vrsn	Treasury Stock Shares Repurchased TreasuryStockSharesRepurchased	3100000	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	659800000	usd
	vrsn	Treasury Stock Shares Repurchased Average Cost Per Share TreasuryStockSharesRepurchasedAverageCostPerShare	211.10
CY2023Q3	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	411700000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	402700000	usd
CY2023Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	260200000	usd
CY2022Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	257500000	usd
CY2023Q3	us-gaap	Land Land	37900000	usd
CY2022Q4	us-gaap	Land Land	31100000	usd
CY2023Q3	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	11000000.0	usd
CY2022Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	10400000	usd
CY2023Q3	us-gaap	Construction In Progress Gross ConstructionInProgressGross	15300000	usd
CY2022Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	3600000	usd
CY2023Q3	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	1600000	usd
CY2022Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	1500000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	737700000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	706800000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	499500000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	474800000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	238200000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	232000000.0	usd
CY2023Q3	vrsn	Reston Building Purchase Price RestonBuildingPurchasePrice	19800000	usd
CY2023Q3	vrsn	Reston Building Purchase Price Allocation Buildings RestonBuildingPurchasePriceAllocationBuildings	13000000	usd
CY2023Q3	vrsn	Reston Building Purchase Price Allocation Land RestonBuildingPurchasePriceAllocationLand	6800000	usd
CY2023Q3	us-gaap	Deferred Income Taxes And Other Tax Liabilities Noncurrent DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent	42500000	usd
CY2022Q4	us-gaap	Deferred Income Taxes And Other Tax Liabilities Noncurrent DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent	60500000	usd
CY2023Q3	vrsn	Long Term Operating Lease Liabilities LongTermOperatingLeaseLiabilities	2900000	usd
CY2022Q4	vrsn	Long Term Operating Lease Liabilities LongTermOperatingLeaseLiabilities	1600000	usd
CY2023Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	45400000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	62100000	usd
CY2023Q3	us-gaap	Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability	19300000	usd
	vrsn	Additionalsharerepurchaseamountauthorized Additionalsharerepurchaseamountauthorized	1140000000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	356100000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1500000000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	1340000000	usd
CY2023Q3	vrsn	Treasury Stock Shares Repurchased TreasuryStockSharesRepurchased	1100000	usd
CY2023Q3	vrsn	Treasury Stock Shares Repurchased For Tax Withholding And Other TreasuryStockSharesRepurchasedForTaxWithholdingAndOther	0	usd
CY2023Q3	vrsn	Treasury Stock Value Repurchased For Tax Withholding TreasuryStockValueRepurchasedForTaxWithholding	2600000	usd
CY2023Q3	vrsn	Total Repurchases For Tax Withholdings And Other Average Cost Per Share TotalRepurchasesForTaxWithholdingsAndOtherAverageCostPerShare	206.42
	vrsn	Treasury Stock Shares Repurchased For Tax Withholding And Other TreasuryStockSharesRepurchasedForTaxWithholdingAndOther	100000	usd
	vrsn	Treasury Stock Value Repurchased For Tax Withholding TreasuryStockValueRepurchasedForTaxWithholding	16000000.0	usd
	vrsn	Total Repurchases For Tax Withholdings And Other Average Cost Per Share TotalRepurchasesForTaxWithholdingsAndOtherAverageCostPerShare	212.08
CY2023Q3	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1100000	shares
CY2023Q3	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	222400000	usd
CY2023Q3	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	208.39
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	3200000	shares
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	675800000	usd
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	211.13
CY2023Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	252500000	shares
CY2023Q3	us-gaap	Treasury Stock Value TreasuryStockValue	13430000000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	102900000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	107100000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103900000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	108700000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	100000	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	0	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	100000	shares
	us-gaap	Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends	0	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	103000000.0	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	107100000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	104000000.0	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	108700000	shares
CY2023Q3	us-gaap	Revenues Revenues	376300000	usd
CY2022Q3	us-gaap	Revenues Revenues	356900000	usd
	us-gaap	Revenues Revenues	1112700000	usd
	us-gaap	Revenues Revenues	1055700000	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	755400000	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	15500000	usd
CY2022Q3	us-gaap	Share Based Compensation ShareBasedCompensation	16300000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	45000000.0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	44200000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	300000	usd
CY2022Q3	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	400000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	800000	usd
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1200000	usd
CY2023Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	15800000	usd
CY2022Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	16700000	usd
CY2023Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	15800000	usd
CY2022Q3	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	16700000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	45800000	usd
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	45400000	usd
CY2023Q3	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	11600000	usd
CY2022Q3	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	4600000	usd
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	33800000	usd
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	6400000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1500000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	300000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	3300000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	400000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	13100000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4900000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	37100000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	6800000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	60100000	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53400000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	172000000.0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	153600000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24	rate
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24	rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24	rate
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.24	rate
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	rate
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001014473-23-000038-index-headers.html	Edgar Link	pending
0001014473-23-000038-index.html	Edgar Link	pending
0001014473-23-000038.txt	Edgar Link	pending
0001014473-23-000038-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
vrsn-20230930.htm	Edgar Link	pending
vrsn-20230930.xsd	Edgar Link	pending
vrsn-2023930x10qxex3101.htm	Edgar Link	pending
vrsn-2023930x10qxex3102.htm	Edgar Link	pending
vrsn-2023930x10qxex3201.htm	Edgar Link	pending
vrsn-2023930x10qxex3202.htm	Edgar Link	pending
vrsn-20230930_cal.xml	Edgar Link	unprocessable
vrsn-20230930_def.xml	Edgar Link	unprocessable
vrsn-20230930_pre.xml	Edgar Link	unprocessable
vrsn-20230930_lab.xml	Edgar Link	unprocessable
vrsn-20230930_htm.xml	Edgar Link	completed

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$VRSN
VeriSign, Inc Stock $vrsn

2023 Q4 Form 10-Q Financial Statement

#000101447323000038 Filed on October 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VRSN VeriSign, Inc Stock $vrsn

2023 Q4 Form 10-Q Financial Statement

#000101447323000038 Filed on October 26, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VRSN
VeriSign, Inc Stock $vrsn