Discontinued — last reported Q3 '23

Current Liabilities

Customer Deposits

VeriSign Customer Deposits decreased by 12.5% to $81.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $71.50M to $81.00M. Over 5 years (FY 2020 to FY 2025), Customer Deposits shows an upward trend with a 11.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2023

How to read this metric

An increase often indicates growth in prepaid products or platform adoption, while a decrease may reflect changes in customer usage patterns.

Detailed definition

Funds held by the company on behalf of customers, typically arising from prepaid services, stored-value accounts, or adv...

Peer comparison

Standard for fintech and payment platforms that manage stored-value accounts or prepaid card programs.

Metric ID: customer_deposits

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$52.66M$64.65M$77.30M$48.50M$60.40M$55.60M$72.00M$71.90M$68.90M$75.30M$77.20M$66.90M$67.40M$77.10M$64.60M$71.50M$76.10M$75.90M$92.60M$81.00M
QoQ Change+22.8%+19.6%-37.3%+24.5%-7.9%+29.5%-0.1%-4.2%+9.3%+2.5%-13.3%+0.7%+14.4%-16.2%+10.7%+6.4%-0.3%+22.0%-12.5%
YoY Change+14.7%-14.0%-6.9%+48.2%+14.1%+35.4%+7.2%-7.0%-2.2%+2.4%-16.3%+6.9%+12.9%-1.6%+43.3%+13.3%
Range$48.50M$92.60M
CAGR+9.5%
Avg YoY Growth+9.4%
Median YoY Growth+7.0%

Frequently Asked Questions

What is VeriSign's customer deposits?
VeriSign (VRSN) reported customer deposits of $81.00M in Q1 2026.
How has VeriSign's customer deposits changed year-over-year?
VeriSign's customer deposits increased by 13.3% year-over-year, from $71.50M to $81.00M.
What is the long-term trend for VeriSign's customer deposits?
Over 5 years (2020 to 2025), VeriSign's customer deposits has grown at a 11.5% compound annual growth rate (CAGR), from $53.63M to $92.60M.
What does customer deposits mean?
Money held by the company that belongs to its customers.