VeriSign, Inc
Verisign is a U.S.-based internet infrastructure company that operates the registry for the .com and .net top-level domains and provides root zone maintainer services for the Domain Name System (DNS). It also operates two of the world’s thirteen global internet root servers, supporting the navigation, security, and resiliency of core internet addressing.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueRegistry and authoritative resolution services for .com and .net domain names.
Root Zone Maintainer and root server operations that support DNS stability.
Tools and support services used by registrars and end users to find and manage domains.
Customers
Verisign primarily serves domain name registrars, which are the intermediaries that register and manage .com and .net names for end users. Its services are also used indirectly by businesses, organizations, and individuals that need internet domain names and reliable DNS infrastructure. The company’s customer base is global, with revenue attributed to registrars based in the U.S., EMEA, APAC, and other regions.
Buy registry access and related tools to register and renew .com and .net domain names for their customers.
Use registered domain names and DNS infrastructure to operate websites, email, and online services.
Relies on root zone maintenance and root server operations for DNS continuity and resilience.
Strategy
Verisign’s strategy centers on maintaining the security and reliability of critical DNS infrastructure while sustaining the long-term strength of the .com and .net registries. It also focuses on expanding domain adoption through registrars, investing in infrastructure and R&D, and preserving operational resilience against cyber threats and service disruptions.
Service continuity is central to the company’s value proposition and customer trust.
Registry demand depends on registrar distribution and domain adoption worldwide.
Cyber threats and internet protocol changes can affect service reliability and competitiveness.
Geography
Verisign reports revenue across the U.S., EMEA, APAC, and Other regions, with the U.S. representing the largest share. Its operations and account management are international, but revenue is attributed to the domicile of registrars and the regions where they are located, which may differ from where domains are ultimately used.
Risks
Verisign’s business depends on uninterrupted operation of critical internet infrastructure, so cyberattacks, DDoS events, and system failures can directly affect service quality and reputation. It also faces regulatory, tax, and technology-license risks because its registry and DNS services operate across multiple jurisdictions and depend on third-party technologies and evolving internet rules.
- Cybersecurity and DDoS attacksImpact: HighLikelihood: Medium
The company operates critical internet infrastructure that is a target for attacks and outages.
Exposure: DNS and registry systems
- Regulatory and legal changes affecting domain data and internet rulesImpact: MediumLikelihood: High
Internet and domain-name regulation can impose new compliance obligations and restrictions.
Exposure: Global registry operations
- Regional demand weakness, including ChinaImpact: MediumLikelihood: High
Revenue growth can be affected by registrar activity and domain demand in APAC markets.
Exposure: APAC revenue
- Third-party technology license dependenceImpact: MediumLikelihood: Low
Some products and services rely on externally licensed technology that may become unavailable or more expensive.
Exposure: Operational systems and service delivery
- Tax uncertainty across jurisdictionsImpact: MediumLikelihood: Low
Worldwide tax provision depends on judgments, audits, and changing tax rules.
Exposure: U.S. and international tax positions
Accounting
Judgemental itemsRevenue is assigned to registrar domicile and region, which can differ from where domains are used.
Impact: Affects regional revenue mix and trend interpretation
Worldwide tax provision requires judgment across multiple jurisdictions and can fluctuate quarter to quarter.
Impact: Can materially affect effective tax rate and net income
Other, net includes FX gains/losses and related hedges.
Impact: Can create volatility in non-operating results
The company issued new senior notes and repaid maturing debt, affecting interest expense and financing costs.
Impact: Impacts leverage presentation and interest burden
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Last updated: 24/09/2026