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Verisign Inc  (VRSN)
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Verisign Inc's Operating Profit Margin by quarter

Trends, Rankings, Statistics



VRSN Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change 3.03 % 5.44 % 5.71 % 5.04 % 8.49 %
Seq. Revenue Change 1.09 % 1.16 % 2.09 % -1.3 % 3.45 %
Revenue In Millions $380.40 $376.30 $372.00 $364.40 $369.20
Operating Profit Margin 67.38 % 67.58 % 66.85 % 66.22 % 66.5 %
Operating Profit Margin Total Ranking # 132 # 146 # 141 # 150 # 294
Operating Income In Millions $256.30 $254.30 $248.70 $241.30 $245.50
Y / Y Operating Income Change 4.4 % 7.39 % 5.38 % 7.34 % 10.53 %
Seq. Operating Income Change 0.79 % 2.25 % 3.07 % -1.71 % 3.67 %


Commenting fourth Quarter 2023 Operating Profit Margin
Verisign Inc has managed to improve its Revenue sequentially to $380 millions by 1.09 % faster than Operating Income increase of 0.79 % to $256 millions, this led to contraction in Operating Profit Margin to 67.38 %, but the Verisign Inc IV. Quarter Operating Profit Margin remained above company average rate of 46.8%.

Observing fourth quarter 2023 results within Cloud Computing & Data Analytics industry 2 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin total ranking has impoved so far to 132, from total ranking in previous quarter at 146.
Explain Operating Margin
VRSN's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 3
Technology Sector # 3
Overall # 132

Operating Profit Margin Statistics
High Average Low
67.58 % 46.8 % 3.11 %
(Sep 30 2023)   (March 31, 2006)




Other Operating Profit Margin Profitability Ratios
VRSN's Cumulative Operating Profit Margin
Cloud Computing & Data Analytics Industry Operating Profit Margin Trends and Statistics
Technology Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
VRSN's Operating Profit Margin Profitability versus Cloud Computing & Data Analytics Industry, Technology Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for VRSN's Competitors
Operating Profit Margin Profit Margin for Verisign Inc's Suppliers
Operating Profit Margin Profit Margin for VRSN's Customers

You may also want to know
VRSN's Annual Growth Rates VRSN's Profitability Ratios VRSN's Asset Turnover Ratio VRSN's Dividend Growth
VRSN's Roe VRSN's Valuation Ratios VRSN's Financial Strength Ratios VRSN's Operating Income Growth
VRSN's Roa VRSN's Inventory Turnover Ratio VRSN's Growth Rates VRSN's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Cloud Computing & Data Analytics Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
Marathon Digital Holdings Inc   163.71 %$ 256.640 $ 156.768 
Automatic Data Processing Inc   72.78 %$ 3,397.200 $ 4,668.000 
Verisign Inc  67.38 %$ 256.300 $ 380.400 
Doximity Inc   43.34 %$ 58.551 $ 135.094 
Verisk Analytics Inc   36.99 %$ 250.500 $ 677.200 
Pegasystems Inc   32.72 %$ 155.266 $ 474.513 
Repositrak Inc   24.21 %$ 1.241 $ 5.126 
Mind Cti Ltd  21.97 %$ 4.749 $ 21.612 
Jack Henry and Associates Inc   21.80 %$ 118.967 $ 545.701 
Light and Wonder Inc   20.26 %$ 156.000 $ 770.000 
Cheer Holding Inc   19.23 %$ 29.285 $ 152.327 
Innovative Solutions And Support inc   18.95 %$ 1.615 $ 8.523 
Playtika Holding Corp   18.81 %$ 120.000 $ 637.900 
Open Text Corp  18.41 %$ 253.867 $ 1,379.120 
Cognizant Technology Solutions Corporation  15.22 %$ 724.000 $ 4,758.000 
Perficient Inc   14.68 %$ 32.418 $ 220.790 




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