VeriSign Inc (VRSN)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 785,700 858,900 846,100 833,000 817,600 732,400 713,400 695,000 673,800 824,430 811,530 791,930 784,830 612,014 626,393 631,172 814,888 805,899 788,833 783,888
Revenue (ttm) US$ in thousands 1,557,400 1,542,400 1,528,100 1,513,000 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
Net profit margin 50.45% 55.69% 55.37% 55.06% 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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $785,700K ÷ $1,557,400K
= 50.45%

VeriSign Inc has exhibited fluctuations in its net profit margin over the specified time period, ranging from a high of 64.41% in December 31, 2020, to a low of 46.80% in September 30, 2021. The company's net profit margin gradually declined from 64.41% in December 31, 2020, to 46.80% in September 30, 2021, before experiencing a slight recovery in subsequent periods. Notably, there was a significant drop in the net profit margin from 59.06% in September 30, 2022, to 47.29% in December 31, 2022. However, the margin improved in the following quarters but remained below the levels seen in the earlier periods.

The overall trend suggests that while VeriSign Inc has been able to maintain relatively high net profit margins, there have been fluctuations that impacted the company's profitability. It is crucial for the company to continue monitoring its cost management strategies and revenue generation to sustain and potentially enhance its profitability in the future.