Versant Media Group, Inc. (VSNT) Income Statement
VSNT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsVSNT revenue and net income
Where VSNT's revenue goes
2025Each bar shows an amount and its share of revenue. VSNT kept 13.9% of revenue as net income.
VSNT profit margins
VSNT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.3% | −5.1% | — | — |
| Gross profit | −6.2% | −7.1% | — | — |
| Operating income | −30.9% | −19.2% | — | — |
| Net income | −31.8% | −19.2% | — | — |
| EPS (diluted) | −86.9% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
VSNT quarterly EPS vs estimates
Versant Media beat the analyst EPS estimate in 2 of the last 4 quarters. Next report: November 3, 2026 (estimate $0.03).
VSNT income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $6.69B | $7.06B | $7.44B | $7.83B |
| Cost of revenue | $2.94B | $3.06B | $3.15B | $3.16B |
| Gross profit | $3.75B | $4.00B | $4.29B | $4.67B |
| Sales, general & admin | $1.47B | $1.32B | $1.23B | $1.27B |
| Total operating expenses | $2.48B | $2.16B | $2.22B | $2.26B |
| Operating income | $1.27B | $1.84B | $2.07B | $2.41B |
| Interest expense | $13.0M | $193.0M | $0 | — |
| Income before taxes | $1.23B | $1.84B | $2.07B | $2.35B |
| Income taxes | $297.0M | $478.0M | $530.0M | $591.0M |
| Net income | $930.0M | $1.36B | $1.54B | $1.76B |
| EBITDA | $2.25B | $2.83B | $3.06B | $3.40B |
| EPS (diluted) | $1.24 | $9.43 | — | — |
| Gross margin | 56.1% | 56.6% | 57.6% | 59.7% |
| Operating margin | 19.0% | 26.1% | 27.8% | 30.8% |
| Net margin | 13.9% | 19.3% | 20.7% | 22.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Jun '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.69B | $1.61B | $1.66B | $1.71B | $1.71B | $1.81B |
| Cost of revenue | $650.0M | $638.0M | $976.0M | $1.13B | $700.0M | $654.0M | $747.0M |
| Gross profit | $994.0M | $1.05B | $634.0M | $535.0M | $1.01B | $1.05B | $1.06B |
| Sales, general & admin | $369.0M | $351.0M | — | — | $355.0M | $307.0M | $313.0M |
| Total operating expenses | $627.0M | $607.0M | $364.0M | $345.0M | $599.0M | $552.0M | $558.0M |
| Operating income | $367.0M | $442.0M | $270.0M | $190.0M | $409.0M | $500.0M | $503.0M |
| Interest expense | $52.0M | $52.0M | $13.0M | — | $0 | $0 | — |
| Income before taxes | $323.0M | $398.0M | $195.0M | $124.0M | $409.0M | $499.0M | $503.0M |
| Income taxes | $112.0M | $112.0M | $14.0M | $45.0M | $106.0M | $132.0M | $131.0M |
| Net income | $211.0M | $286.0M | $180.0M | $80.0M | $302.0M | $367.0M | $373.0M |
| EBITDA | $633.0M | $706.0M | $474.0M | $379.0M | $653.0M | $744.0M | $748.0M |
| EPS (diluted) | $1.49 | $2.02 | $1.25 | −$0.01 | — | — | — |
| Gross margin | 60.5% | 62.2% | 39.4% | 32.2% | 59.0% | 61.7% | 58.7% |
| Operating margin | 22.3% | 26.2% | 16.8% | 11.4% | 23.9% | 29.3% | 27.8% |
| Net margin | 12.8% | 17.0% | 11.2% | 4.8% | 17.7% | 21.5% | 20.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in VSNT's financial statements (latest annual report filed March 3, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
VSNT financial results
In fiscal year 2025 (ended December 31, 2025), Versant Media reported revenue of $6.7 billion, down 5.3% from the year before. It had net income of $930.0 million (down 31.8%), a net profit margin of 13.9%. Diluted earnings per share came to $1.24.
See the VSNT stock overview for the latest quote and news, or the VSNT chart for price history and technical indicators.
VSNT income statement FAQ
What is Versant Media's annual revenue?
Versant Media reported total revenue of $6.7 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.3% from $7.1 billion the previous year.
Is Versant Media profitable?
Yes. Versant Media reported net income of $930.0 million in fiscal 2025, a net profit margin of 13.9%; its operating margin was 19.0%.
What is Versant Media's gross margin?
Versant Media's gross margin was 56.1% in fiscal 2025: for every $100 of revenue, Versant Media kept $56 after the direct cost of its products and services.
What are Versant Media's earnings per share?
Versant Media earned $1.24 per diluted share in fiscal 2025, compared with $9.43 a year earlier.
When will Versant Media report its next earnings?
Versant Media is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does Versant Media's fiscal year end?
Versant Media's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 3, 2026.