vs
Side-by-side financial comparison of Verisign (VRSN) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Verisign is the larger business by last-quarter revenue ($425.3M vs $340.0M, roughly 1.3× Walker & Dunlop, Inc.). Verisign runs the higher net margin — 48.5% vs -12.9%, a 61.4% gap on every dollar of revenue. On growth, Verisign posted the faster year-over-year revenue change (7.6% vs -0.4%). Verisign produced more free cash flow last quarter ($285.1M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 5.2%).
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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
VRSN vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $425.3M | $340.0M |
| Net Profit | $206.2M | $-13.9M |
| Gross Margin | 88.5% | — |
| Operating Margin | 67.0% | -17.2% |
| Net Margin | 48.5% | -12.9% |
| Revenue YoY | 7.6% | -0.4% |
| Net Profit YoY | 7.7% | -131.0% |
| EPS (diluted) | — | $-0.41 |
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.
| Q4 25 | $425.3M | $340.0M | ||
| Q3 25 | $419.1M | $337.7M | ||
| Q2 25 | $409.9M | $319.2M | ||
| Q1 25 | $402.3M | $237.4M | ||
| Q4 24 | $395.4M | $341.5M | ||
| Q3 24 | $390.6M | $292.3M | ||
| Q2 24 | $387.1M | $270.7M | ||
| Q1 24 | $384.3M | $228.1M |
| Q4 25 | $206.2M | $-13.9M | ||
| Q3 25 | $212.8M | $33.5M | ||
| Q2 25 | $207.4M | $34.0M | ||
| Q1 25 | $199.3M | $2.8M | ||
| Q4 24 | $191.5M | $44.8M | ||
| Q3 24 | $201.3M | $28.8M | ||
| Q2 24 | $198.8M | $22.7M | ||
| Q1 24 | $194.1M | $11.9M |
| 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% | — |
| Q4 25 | 67.0% | -17.2% | ||
| Q3 25 | 67.8% | 13.6% | ||
| Q2 25 | 68.5% | 14.5% | ||
| Q1 25 | 67.4% | 2.2% | ||
| Q4 24 | 66.7% | 15.3% | ||
| Q3 24 | 68.9% | 12.8% | ||
| Q2 24 | 68.8% | 10.4% | ||
| Q1 24 | 67.4% | 6.0% |
| Q4 25 | 48.5% | -12.9% | ||
| Q3 25 | 50.8% | 9.9% | ||
| Q2 25 | 50.6% | 10.6% | ||
| Q1 25 | 49.5% | 1.2% | ||
| Q4 24 | 48.4% | 13.1% | ||
| Q3 24 | 51.5% | 9.9% | ||
| Q2 24 | 51.4% | 8.4% | ||
| Q1 24 | 50.5% | 5.2% |
| Q4 25 | — | $-0.41 | ||
| Q3 25 | — | $0.98 | ||
| Q2 25 | — | $0.99 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $1.32 | ||
| Q3 24 | — | $0.85 | ||
| Q2 24 | — | $0.67 | ||
| Q1 24 | — | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $580.5M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-2.2B | $1.7B |
| Total Assets | $1.3B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $580.5M | $299.3M | ||
| Q3 25 | $617.7M | $274.8M | ||
| Q2 25 | $593.8M | $233.7M | ||
| Q1 25 | $648.5M | $181.0M | ||
| Q4 24 | $599.9M | $279.3M | ||
| Q3 24 | $644.9M | $179.8M | ||
| Q2 24 | $689.9M | $208.1M | ||
| Q1 24 | $924.7M | $216.5M |
| Q4 25 | $-2.2B | $1.7B | ||
| Q3 25 | $-2.1B | $1.8B | ||
| Q2 25 | $-2.0B | $1.8B | ||
| Q1 25 | $-2.0B | $1.7B | ||
| Q4 24 | $-2.0B | $1.7B | ||
| Q3 24 | $-1.9B | $1.7B | ||
| Q2 24 | $-1.8B | $1.7B | ||
| Q1 24 | $-1.6B | $1.7B |
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.4B | $5.8B | ||
| Q2 25 | $1.4B | $4.7B | ||
| Q1 25 | $1.4B | $4.5B | ||
| Q4 24 | $1.4B | $4.4B | ||
| Q3 24 | $1.5B | $4.6B | ||
| Q2 24 | $1.5B | $4.2B | ||
| Q1 24 | $1.7B | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $289.6M | $-664.3M |
| Free Cash FlowOCF − Capex | $285.1M | $-680.1M |
| FCF MarginFCF / Revenue | 67.0% | -200.0% |
| Capex IntensityCapex / Revenue | 1.1% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $289.6M | $-664.3M | ||
| Q3 25 | $307.7M | $-948.1M | ||
| Q2 25 | $202.5M | $-238.5M | ||
| Q1 25 | $291.3M | $-281.1M | ||
| Q4 24 | $231.5M | $129.4M | ||
| Q3 24 | $253.4M | $-202.0M | ||
| Q2 24 | $160.4M | $-237.8M | ||
| Q1 24 | $257.3M | $38.4M |
| Q4 25 | $285.1M | $-680.1M | ||
| Q3 25 | $303.0M | $-950.4M | ||
| Q2 25 | $194.7M | $-241.0M | ||
| Q1 25 | $285.5M | $-284.7M | ||
| Q4 24 | $222.0M | $116.4M | ||
| Q3 24 | $247.8M | $-204.0M | ||
| Q2 24 | $151.2M | $-241.7M | ||
| Q1 24 | $253.5M | $35.2M |
| Q4 25 | 67.0% | -200.0% | ||
| Q3 25 | 72.3% | -281.5% | ||
| Q2 25 | 47.5% | -75.5% | ||
| Q1 25 | 71.0% | -120.0% | ||
| Q4 24 | 56.1% | 34.1% | ||
| Q3 24 | 63.4% | -69.8% | ||
| Q2 24 | 39.1% | -89.3% | ||
| Q1 24 | 66.0% | 15.4% |
| Q4 25 | 1.1% | 4.6% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.9% | 0.8% | ||
| Q1 25 | 1.4% | 1.5% | ||
| Q4 24 | 2.4% | 3.8% | ||
| Q3 24 | 1.4% | 0.7% | ||
| Q2 24 | 2.4% | 1.4% | ||
| Q1 24 | 1.0% | 1.4% |
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.45× | -28.34× | ||
| Q2 25 | 0.98× | -7.02× | ||
| Q1 25 | 1.46× | -102.07× | ||
| Q4 24 | 1.21× | 2.89× | ||
| Q3 24 | 1.26× | -7.01× | ||
| Q2 24 | 0.81× | -10.49× | ||
| Q1 24 | 1.33× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
