VeriSign Q1 Revenue Up 6.6% to $429M, Domain Base at 176.1M
VeriSign reported Q1 revenue of $429 million, up 6.6% with EPS of $2.34 (+11.4%) and net income of $215 million. The company’s domain base reached 176.1 million names with 11.5 million new registrations, announced a $0.71 .com price hike to $10.97 and held $556 million cash.
1. Financial Performance
VeriSign posted Q1 revenue of $429 million, a 6.6% year-over-year increase, with EPS of $2.34, up 11.4%. Net income rose to $215 million, operating income grew 8.3% to $294 million, while operating cash flow eased to $272 million and free cash flow declined to $265 million.
2. Domain Growth and Renewal
The combined .com and .net domain base expanded to 176.1 million names, driven by 11.5 million new registrations—the highest first-quarter tally since early 2021. Renewal rates held at 76.3%, although a higher proportion of first-time renewals in the coming quarters could pressure retention benchmarks.
3. Capital Allocation and Pricing Update
VeriSign held $556 million in cash and equivalents and has $863 million available under its share repurchase program. The board declared a $0.81 quarterly dividend and approved a $0.71 increase in .com domain pricing to $10.97, effective November 1, 2026.