Verisign slightly beats Q1 revenue estimates

VeriSign,

23/04/2026 21:13

Overview

US domain registry provider's Q1 revenue rose 6.6% yr/yr, slightly beating analyst expectations

Adjusted EPS for Q1 rose to $2.34 from $2.10 yr/yr

Company repurchased 0.9 mln shares for $214 mln in Q1

Outlook

Verisign to raise annual wholesale fee for .com domains to $10.97 effective Nov. 1, 2026

Result Drivers

DOMAIN REGISTRATION GROWTH - Co said .com and .net domain name registrations rose 3.7% yr/yr, with a net increase of 2.54 mln domains in Q1

HIGHER NEW REGISTRATIONS - Co processed 11.5 mln new .com and .net domain registrations in Q1, up from 10.1 mln a year earlier

IMPROVED RENEWAL RATE - Co said .com and .net renewal rate for Q4 2025 was 75.0%, up from 74.0% in Q4 2024

Company press release: ID:nBw2CgGMWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$428.90 mln
$425.91 mln (3 Analysts)
Q1 EPS
$2.34


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for VeriSign, Inc is $295.00, about 9.3% above its April 22 closing price of $269.83

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)