Description

VeriSign: 11.5 Million New Registrations Signal Demand But Renewal Rate Risk Looms!

VeriSign reported solid operational and financial results for the first quarter of 2026, highlighted by a continued expansion in its .com and .net domain name base, which reached a record 176.1 million names. New registrations totaled 11.5 million during the quarter, marking the highest level seen since the first half of 2021, and were complemented by robust renewal rates at 76.3%, slightly up from 75.5% a year prior. The domain base growth was driven by gains across all main geographic regions, particularly in the U.S. and EMEA, supported by ongoing registrar efforts to acquire and engage customers and aided by tailwinds from artificial intelligence tools that facilitate faster content and website creation. Financially, VeriSign posted revenue of $429 million, reflecting a 6.6% increase year-over-year. Operating income was $294 million, up 8.3% compared to the same quarter last year, while net income reached $215 million, delivering earnings per share of $2.