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Side-by-side financial comparison of Verisign (VRSN) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
WillScot Holdings Corp is the larger business by last-quarter revenue ($566.0M vs $425.3M, roughly 1.3× Verisign). Verisign runs the higher net margin — 48.5% vs -33.1%, a 81.6% gap on every dollar of revenue. On growth, Verisign posted the faster year-over-year revenue change (7.6% vs -6.1%). Verisign produced more free cash flow last quarter ($285.1M vs $149.7M). Over the past eight quarters, Verisign's revenue compounded faster (5.2% CAGR vs -1.8%).
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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
VRSN vs WSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $425.3M | $566.0M |
| Net Profit | $206.2M | $-187.3M |
| Gross Margin | 88.5% | 50.4% |
| Operating Margin | 67.0% | -32.5% |
| Net Margin | 48.5% | -33.1% |
| Revenue YoY | 7.6% | -6.1% |
| Net Profit YoY | 7.7% | -310.0% |
| EPS (diluted) | — | $-1.02 |
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 | $566.0M | ||
| Q3 25 | $419.1M | $566.8M | ||
| Q2 25 | $409.9M | $589.1M | ||
| Q1 25 | $402.3M | $559.6M | ||
| Q4 24 | $395.4M | $602.5M | ||
| Q3 24 | $390.6M | $601.4M | ||
| Q2 24 | $387.1M | $604.6M | ||
| Q1 24 | $384.3M | $587.2M |
| Q4 25 | $206.2M | $-187.3M | ||
| Q3 25 | $212.8M | $43.3M | ||
| Q2 25 | $207.4M | $47.9M | ||
| Q1 25 | $199.3M | $43.1M | ||
| Q4 24 | $191.5M | $89.2M | ||
| Q3 24 | $201.3M | $-70.5M | ||
| Q2 24 | $198.8M | $-46.9M | ||
| Q1 24 | $194.1M | $56.2M |
| Q4 25 | 88.5% | 50.4% | ||
| Q3 25 | 88.4% | 49.7% | ||
| Q2 25 | 88.0% | 50.3% | ||
| Q1 25 | 87.7% | 53.7% | ||
| Q4 24 | 87.8% | 55.8% | ||
| Q3 24 | 88.0% | 53.5% | ||
| Q2 24 | 87.8% | 54.1% | ||
| Q1 24 | 87.2% | 54.0% |
| Q4 25 | 67.0% | -32.5% | ||
| Q3 25 | 67.8% | 21.0% | ||
| Q2 25 | 68.5% | 21.5% | ||
| Q1 25 | 67.4% | 21.3% | ||
| Q4 24 | 66.7% | 28.9% | ||
| Q3 24 | 68.9% | -5.9% | ||
| Q2 24 | 68.8% | -0.9% | ||
| Q1 24 | 67.4% | 22.1% |
| Q4 25 | 48.5% | -33.1% | ||
| Q3 25 | 50.8% | 7.6% | ||
| Q2 25 | 50.6% | 8.1% | ||
| Q1 25 | 49.5% | 7.7% | ||
| Q4 24 | 48.4% | 14.8% | ||
| Q3 24 | 51.5% | -11.7% | ||
| Q2 24 | 51.4% | -7.7% | ||
| Q1 24 | 50.5% | 9.6% |
| Q4 25 | — | $-1.02 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.23 | ||
| Q4 24 | — | $0.48 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $-0.25 | ||
| Q1 24 | — | $0.29 |
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 | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $-2.2B | $856.3M |
| Total Assets | $1.3B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $580.5M | $14.6M | ||
| Q3 25 | $617.7M | $14.8M | ||
| Q2 25 | $593.8M | $12.8M | ||
| Q1 25 | $648.5M | $10.7M | ||
| Q4 24 | $599.9M | $9.0M | ||
| Q3 24 | $644.9M | $11.0M | ||
| Q2 24 | $689.9M | $5.9M | ||
| Q1 24 | $924.7M | $13.1M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $-2.2B | $856.3M | ||
| Q3 25 | $-2.1B | $1.1B | ||
| Q2 25 | $-2.0B | $1.0B | ||
| Q1 25 | $-2.0B | $1.0B | ||
| Q4 24 | $-2.0B | $1.0B | ||
| Q3 24 | $-1.9B | $1.1B | ||
| Q2 24 | $-1.8B | $1.2B | ||
| Q1 24 | $-1.6B | $1.3B |
| Q4 25 | $1.3B | $5.8B | ||
| Q3 25 | $1.4B | $6.1B | ||
| Q2 25 | $1.4B | $6.1B | ||
| Q1 25 | $1.4B | $6.0B | ||
| Q4 24 | $1.4B | $6.0B | ||
| Q3 24 | $1.5B | $6.0B | ||
| Q2 24 | $1.5B | $6.0B | ||
| Q1 24 | $1.7B | $6.2B |
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| Free Cash FlowOCF − Capex | $285.1M | $149.7M |
| FCF MarginFCF / Revenue | 67.0% | 26.5% |
| Capex IntensityCapex / Revenue | 1.1% | 1.6% |
| Cash ConversionOCF / Net Profit | 1.40× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $289.6M | $158.9M | ||
| Q3 25 | $307.7M | $191.2M | ||
| Q2 25 | $202.5M | $205.3M | ||
| Q1 25 | $291.3M | $206.6M | ||
| Q4 24 | $231.5M | $178.9M | ||
| Q3 24 | $253.4M | $-1.6M | ||
| Q2 24 | $160.4M | $175.6M | ||
| Q1 24 | $257.3M | $208.7M |
| Q4 25 | $285.1M | $149.7M | ||
| Q3 25 | $303.0M | $186.9M | ||
| Q2 25 | $194.7M | $199.0M | ||
| Q1 25 | $285.5M | $202.0M | ||
| Q4 24 | $222.0M | $176.6M | ||
| Q3 24 | $247.8M | $-4.9M | ||
| Q2 24 | $151.2M | $169.4M | ||
| Q1 24 | $253.5M | $202.1M |
| Q4 25 | 67.0% | 26.5% | ||
| Q3 25 | 72.3% | 33.0% | ||
| Q2 25 | 47.5% | 33.8% | ||
| Q1 25 | 71.0% | 36.1% | ||
| Q4 24 | 56.1% | 29.3% | ||
| Q3 24 | 63.4% | -0.8% | ||
| Q2 24 | 39.1% | 28.0% | ||
| Q1 24 | 66.0% | 34.4% |
| Q4 25 | 1.1% | 1.6% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.9% | 1.1% | ||
| Q1 25 | 1.4% | 0.8% | ||
| Q4 24 | 2.4% | 0.4% | ||
| Q3 24 | 1.4% | 0.6% | ||
| Q2 24 | 2.4% | 1.0% | ||
| Q1 24 | 1.0% | 1.1% |
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.45× | 4.41× | ||
| Q2 25 | 0.98× | 4.28× | ||
| Q1 25 | 1.46× | 4.80× | ||
| Q4 24 | 1.21× | 2.01× | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | 0.81× | — | ||
| Q1 24 | 1.33× | 3.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VRSN
Segment breakdown not available.
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
