VeriSign Inc (VRSN)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	817,600	732,400	713,400	695,000	673,800	824,430	811,530	791,930	784,830	612,014	626,393	631,172	814,888	805,899	788,833	783,888	612,299	646,169	629,936	610,753
Revenue (ttm)	US$ in thousands	1,493,100	1,481,900	1,462,500	1,442,400	1,424,900	1,396,000	1,373,400	1,350,900	1,327,600	1,307,632	1,291,211	1,276,176	1,265,100	1,255,311	1,245,853	1,237,777	1,231,661	1,228,570	1,225,926	1,222,089
Net profit margin		54.76%	49.42%	48.78%	48.18%	47.29%	59.06%	59.09%	58.62%	59.12%	46.80%	48.51%	49.46%	64.41%	64.20%	63.32%	63.33%	49.71%	52.60%	51.38%	49.98%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $817,600K ÷ $1,493,100K
= 54.76%

The net profit margin of Verisign Inc. has displayed varying trends over the past eight quarters. It ranged from a low of 47.29% in Q4 2022 to a high of 59.09% in Q3 2022.

In recent quarters, the net profit margin has remained consistently above 48%, indicating that the company is effectively translating its revenue into profits after accounting for all expenses. Q4 2023 witnessed a significant increase in the net profit margin to 54.76%, implying improved profitability compared to the previous quarter.

Overall, Verisign Inc. has maintained a healthy net profit margin, reflecting operational efficiency and effective cost management strategies. However, it is essential to monitor future trends to assess the sustainability of its profitability levels.