VRSNNasdaqServices-Computer Programming ServicesUS GAAP · USD

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.

Revenue1,657m USD
+6.4 %y/y
Operating profit (EBIT)1,121m USD
+5.9 %y/y
EBIT margin67.7%
−0.3 ppy/y
Net income826m USD
+5.1 %y/y
Free cash flow1,068m USD
+22.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05001,0001,5002,000m USD2020: 1,265 m USD2020: EBIT 824 m USD20202021: 1,328 m USD2021: EBIT 867 m USD20212022: 1,425 m USD2022: EBIT 943 m USD20222023: 1,493 m USD2023: EBIT 1,001 m USD20232024: 1,557 m USD2024: EBIT 1,058 m USD20242025: 1,657 m USD2025: EBIT 1,121 m USD20251,6571,121
RevenueOperating profit (EBIT)

Business

Share of revenue
Domain Registry Services85 %

Registry and authoritative resolution services for .com and .net domain names.

Internet Infrastructure Services10 %

Root Zone Maintainer and root server operations that support DNS stability.

Domain Tools and Support5 %

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.

Domain registrars

Buy registry access and related tools to register and renew .com and .net domain names for their customers.

Internet businesses and organizations

Use registered domain names and DNS infrastructure to operate websites, email, and online services.

Global internet infrastructure ecosystem

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.

Maintain DNS and registry infrastructure resilienceShort term

Service continuity is central to the company’s value proposition and customer trust.

Support domain name growth through registrarsMedium term

Registry demand depends on registrar distribution and domain adoption worldwide.

Invest in security and protocol enhancementMedium term

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.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cybersecurity and DDoS attacks1Regulatory and legal changes affecting domain data and internet rules2Regional demand weakness, including China3Third-party technology license dependence4Tax uncertainty across jurisdictions5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. 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

  2. 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

  3. Regional demand weakness, including ChinaImpact: MediumLikelihood: High

    Revenue growth can be affected by registrar activity and domain demand in APAC markets.

    Exposure: APAC revenue

  4. 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

  5. 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 items
Geographic revenue attribution

Revenue is assigned to registrar domicile and region, which can differ from where domains are used.

Impact: Affects regional revenue mix and trend interpretation

Income taxes and uncertain tax positions

Worldwide tax provision requires judgment across multiple jurisdictions and can fluctuate quarter to quarter.

Impact: Can materially affect effective tax rate and net income

Foreign currency exposure and hedging

Other, net includes FX gains/losses and related hedges.

Impact: Can create volatility in non-operating results

Debt and refinancing accounting

The company issued new senior notes and repaid maturing debt, affecting interest expense and financing costs.

Impact: Impacts leverage presentation and interest burden

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

VeriSign, Inc (VRSN) Revenue, Earnings & Financials 2025 – Clarifo