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Side-by-side financial comparison of Hamilton Insurance Group, Ltd. (HG) and Verisign (VRSN). Click either name above to swap in a different company.

Hamilton Insurance Group, Ltd. is the larger business by last-quarter revenue ($728.3M vs $425.3M, roughly 1.7× Verisign). Verisign runs the higher net margin — 48.5% vs 29.5%, a 19.0% gap on every dollar of revenue. On growth, Hamilton Insurance Group, Ltd. posted the faster year-over-year revenue change (27.7% vs 7.6%). Over the past eight quarters, Verisign's revenue compounded faster (5.2% CAGR vs 5.2%).

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

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.

HG vs VRSN — Head-to-Head

Bigger by revenue
HG
HG
1.7× larger
HG
$728.3M
$425.3M
VRSN
Growing faster (revenue YoY)
HG
HG
+20.1% gap
HG
27.7%
7.6%
VRSN
Higher net margin
VRSN
VRSN
19.0% more per $
VRSN
48.5%
29.5%
HG
Faster 2-yr revenue CAGR
VRSN
VRSN
Annualised
VRSN
5.2%
5.2%
HG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HG
HG
VRSN
VRSN
Revenue
$728.3M
$425.3M
Net Profit
$214.6M
$206.2M
Gross Margin
88.5%
Operating Margin
26.0%
67.0%
Net Margin
29.5%
48.5%
Revenue YoY
27.7%
7.6%
Net Profit YoY
188.3%
7.7%
EPS (diluted)
$1.67

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
HG
HG
VRSN
VRSN
Q4 25
$728.3M
$425.3M
Q3 25
$667.6M
$419.1M
Q2 25
$740.8M
$409.9M
Q1 25
$768.8M
$402.3M
Q4 24
$570.5M
$395.4M
Q3 24
$512.8M
$390.6M
Q2 24
$587.9M
$387.1M
Q1 24
$658.6M
$384.3M
Net Profit
HG
HG
VRSN
VRSN
Q4 25
$214.6M
$206.2M
Q3 25
$176.4M
$212.8M
Q2 25
$267.8M
$207.4M
Q1 25
$181.3M
$199.3M
Q4 24
$74.4M
$191.5M
Q3 24
$61.0M
$201.3M
Q2 24
$200.4M
$198.8M
Q1 24
$277.3M
$194.1M
Gross Margin
HG
HG
VRSN
VRSN
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%
Q1 24
87.2%
Operating Margin
HG
HG
VRSN
VRSN
Q4 25
26.0%
67.0%
Q3 25
27.0%
67.8%
Q2 25
36.5%
68.5%
Q1 25
24.0%
67.4%
Q4 24
13.4%
66.7%
Q3 24
12.5%
68.9%
Q2 24
34.5%
68.8%
Q1 24
42.2%
67.4%
Net Margin
HG
HG
VRSN
VRSN
Q4 25
29.5%
48.5%
Q3 25
26.4%
50.8%
Q2 25
36.1%
50.6%
Q1 25
23.6%
49.5%
Q4 24
13.0%
48.4%
Q3 24
11.9%
51.5%
Q2 24
34.1%
51.4%
Q1 24
42.1%
50.5%
EPS (diluted)
HG
HG
VRSN
VRSN
Q4 25
$1.67
Q3 25
$1.32
Q2 25
$1.79
Q1 25
$0.77
Q4 24
$0.35
Q3 24
$0.74
Q2 24
$1.20
Q1 24
$1.38

Balance Sheet & Financial Strength

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

Metric
HG
HG
VRSN
VRSN
Cash + ST InvestmentsLiquidity on hand
$1.1B
$580.5M
Total DebtLower is stronger
$149.7M
Stockholders' EquityBook value
$2.8B
$-2.2B
Total Assets
$9.6B
$1.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HG
HG
VRSN
VRSN
Q4 25
$1.1B
$580.5M
Q3 25
$955.1M
$617.7M
Q2 25
$985.6M
$593.8M
Q1 25
$838.5M
$648.5M
Q4 24
$996.5M
$599.9M
Q3 24
$957.4M
$644.9M
Q2 24
$1.0B
$689.9M
Q1 24
$1.1B
$924.7M
Total Debt
HG
HG
VRSN
VRSN
Q4 25
$149.7M
Q3 25
$149.7M
Q2 25
$149.7M
Q1 25
$150.0M
Q4 24
$149.9M
Q3 24
$149.9M
Q2 24
$149.9M
Q1 24
$149.9M
Stockholders' Equity
HG
HG
VRSN
VRSN
Q4 25
$2.8B
$-2.2B
Q3 25
$2.7B
$-2.1B
Q2 25
$2.6B
$-2.0B
Q1 25
$2.4B
$-2.0B
Q4 24
$2.3B
$-2.0B
Q3 24
$2.3B
$-1.9B
Q2 24
$2.2B
$-1.8B
Q1 24
$2.2B
$-1.6B
Total Assets
HG
HG
VRSN
VRSN
Q4 25
$9.6B
$1.3B
Q3 25
$9.2B
$1.4B
Q2 25
$8.9B
$1.4B
Q1 25
$8.3B
$1.4B
Q4 24
$7.8B
$1.4B
Q3 24
$7.8B
$1.5B
Q2 24
$7.6B
$1.5B
Q1 24
$7.3B
$1.7B
Debt / Equity
HG
HG
VRSN
VRSN
Q4 25
0.05×
Q3 25
0.06×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.06×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
HG
HG
VRSN
VRSN
Operating Cash FlowLast quarter
$293.4M
$289.6M
Free Cash FlowOCF − Capex
$285.1M
FCF MarginFCF / Revenue
67.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.37×
1.40×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HG
HG
VRSN
VRSN
Q4 25
$293.4M
$289.6M
Q3 25
$295.6M
$307.7M
Q2 25
$218.4M
$202.5M
Q1 25
$34.9M
$291.3M
Q4 24
$284.1M
$231.5M
Q3 24
$160.6M
$253.4M
Q2 24
$156.4M
$160.4M
Q1 24
$158.2M
$257.3M
Free Cash Flow
HG
HG
VRSN
VRSN
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
Q1 24
$253.5M
FCF Margin
HG
HG
VRSN
VRSN
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%
Q1 24
66.0%
Capex Intensity
HG
HG
VRSN
VRSN
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%
Q1 24
1.0%
Cash Conversion
HG
HG
VRSN
VRSN
Q4 25
1.37×
1.40×
Q3 25
1.68×
1.45×
Q2 25
0.82×
0.98×
Q1 25
0.19×
1.46×
Q4 24
3.82×
1.21×
Q3 24
2.63×
1.26×
Q2 24
0.78×
0.81×
Q1 24
0.57×
1.33×

Financial Flow Comparison

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

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