vs

Side-by-side financial comparison of Federal Realty Investment Trust (FRT) and Verisign (VRSN). Click either name above to swap in a different company.

Verisign is the larger business by last-quarter revenue ($425.3M vs $336.0M, roughly 1.3× Federal Realty Investment Trust). Verisign runs the higher net margin — 48.5% vs 38.6%, a 9.9% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs 7.6%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% CAGR vs 5.2%).

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.

FRT vs VRSN — Head-to-Head

Bigger by revenue
VRSN
VRSN
1.3× larger
VRSN
$425.3M
$336.0M
FRT
Growing faster (revenue YoY)
FRT
FRT
+1.1% gap
FRT
8.7%
7.6%
VRSN
Higher net margin
VRSN
VRSN
9.9% more per $
VRSN
48.5%
38.6%
FRT
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
5.2%
VRSN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRT
FRT
VRSN
VRSN
Revenue
$336.0M
$425.3M
Net Profit
$129.7M
$206.2M
Gross Margin
88.5%
Operating Margin
53.8%
67.0%
Net Margin
38.6%
48.5%
Revenue YoY
8.7%
7.6%
Net Profit YoY
103.5%
7.7%
EPS (diluted)
$1.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRT
FRT
VRSN
VRSN
Q1 26
$336.0M
Q4 25
$336.0M
$425.3M
Q3 25
$322.3M
$419.1M
Q2 25
$311.5M
$409.9M
Q1 25
$309.2M
$402.3M
Q4 24
$311.4M
$395.4M
Q3 24
$303.6M
$390.6M
Q2 24
$296.1M
$387.1M
Net Profit
FRT
FRT
VRSN
VRSN
Q1 26
$129.7M
Q4 25
$129.7M
$206.2M
Q3 25
$61.6M
$212.8M
Q2 25
$155.9M
$207.4M
Q1 25
$63.8M
$199.3M
Q4 24
$65.5M
$191.5M
Q3 24
$61.0M
$201.3M
Q2 24
$112.0M
$198.8M
Gross Margin
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
88.5%
Q3 25
88.4%
Q2 25
88.0%
Q1 25
87.7%
Q4 24
87.8%
Q3 24
88.0%
Q2 24
87.8%
Operating Margin
FRT
FRT
VRSN
VRSN
Q1 26
53.8%
Q4 25
53.8%
67.0%
Q3 25
34.3%
67.8%
Q2 25
65.1%
68.5%
Q1 25
35.0%
67.4%
Q4 24
35.1%
66.7%
Q3 24
34.9%
68.9%
Q2 24
53.0%
68.8%
Net Margin
FRT
FRT
VRSN
VRSN
Q1 26
38.6%
Q4 25
38.6%
48.5%
Q3 25
19.1%
50.8%
Q2 25
50.0%
50.6%
Q1 25
20.6%
49.5%
Q4 24
21.0%
48.4%
Q3 24
20.1%
51.5%
Q2 24
37.8%
51.4%
EPS (diluted)
FRT
FRT
VRSN
VRSN
Q1 26
$1.49
Q4 25
$1.49
Q3 25
$0.69
Q2 25
$1.78
Q1 25
$0.72
Q4 24
$0.74
Q3 24
$0.70
Q2 24
$1.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRT
FRT
VRSN
VRSN
Cash + ST InvestmentsLiquidity on hand
$107.4M
$580.5M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$3.2B
$-2.2B
Total Assets
$9.1B
$1.3B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRT
FRT
VRSN
VRSN
Q1 26
$107.4M
Q4 25
$107.4M
$580.5M
Q3 25
$111.3M
$617.7M
Q2 25
$177.0M
$593.8M
Q1 25
$109.2M
$648.5M
Q4 24
$123.4M
$599.9M
Q3 24
$97.0M
$644.9M
Q2 24
$103.2M
$689.9M
Total Debt
FRT
FRT
VRSN
VRSN
Q1 26
$5.0B
Q4 25
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$4.5B
Q3 24
Q2 24
Stockholders' Equity
FRT
FRT
VRSN
VRSN
Q1 26
$3.2B
Q4 25
$3.2B
$-2.2B
Q3 25
$3.2B
$-2.1B
Q2 25
$3.2B
$-2.0B
Q1 25
$3.2B
$-2.0B
Q4 24
$3.2B
$-2.0B
Q3 24
$3.1B
$-1.9B
Q2 24
$3.0B
$-1.8B
Total Assets
FRT
FRT
VRSN
VRSN
Q1 26
$9.1B
Q4 25
$9.1B
$1.3B
Q3 25
$8.9B
$1.4B
Q2 25
$8.6B
$1.4B
Q1 25
$8.6B
$1.4B
Q4 24
$8.5B
$1.4B
Q3 24
$8.5B
$1.5B
Q2 24
$8.4B
$1.5B
Debt / Equity
FRT
FRT
VRSN
VRSN
Q1 26
1.53×
Q4 25
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
1.42×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRT
FRT
VRSN
VRSN
Operating Cash FlowLast quarter
$289.6M
Free Cash FlowOCF − Capex
$285.1M
FCF MarginFCF / Revenue
67.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
$622.4M
$289.6M
Q3 25
$147.8M
$307.7M
Q2 25
$150.7M
$202.5M
Q1 25
$179.0M
$291.3M
Q4 24
$574.6M
$231.5M
Q3 24
$144.1M
$253.4M
Q2 24
$169.7M
$160.4M
Free Cash Flow
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
$285.1M
Q3 25
$303.0M
Q2 25
$194.7M
Q1 25
$285.5M
Q4 24
$222.0M
Q3 24
$247.8M
Q2 24
$151.2M
FCF Margin
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
67.0%
Q3 25
72.3%
Q2 25
47.5%
Q1 25
71.0%
Q4 24
56.1%
Q3 24
63.4%
Q2 24
39.1%
Capex Intensity
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
1.1%
Q3 25
1.1%
Q2 25
1.9%
Q1 25
1.4%
Q4 24
2.4%
Q3 24
1.4%
Q2 24
2.4%
Cash Conversion
FRT
FRT
VRSN
VRSN
Q1 26
Q4 25
4.80×
1.40×
Q3 25
2.40×
1.45×
Q2 25
0.97×
0.98×
Q1 25
2.81×
1.46×
Q4 24
8.77×
1.21×
Q3 24
2.36×
1.26×
Q2 24
1.52×
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons