Quarterly ResultJul 23, 2026, 04:37 PM
Verisign Q2 Revenue +6% to $434.6M; Boosts Buyback to $1.5B
AI Summary
Verisign reported strong financial results for the second quarter and first six months of 2026, with revenues increasing 6% to $434.6 million and operating income also up 6% to $296.3 million for the quarter. The company's domain name base expanded by 5.1% year-over-year to 179.1 million registrations. Verisign also announced a significant increase in its share repurchase authorization to $1.50 billion, completed a debt refinancing by issuing new senior notes and redeeming existing ones, and declared a quarterly dividend. Additionally, the .web TLD was delegated into the global DNS root zone with Verisign as the designated registry operator.
Key Highlights
- Board authorized an increase in share repurchase program to $1.50 billion.
- .web TLD delegated into the global DNS root zone with Verisign as operator.
- Q2 2026 revenues increased 6% to $434.6 million.
- Q2 2026 operating income rose 6% to $296.3 million.
- Q2 2026 diluted earnings per share was $2.38.
- Domain name base grew 5.1% to 179.1 million registrations as of June 30, 2026.
- Issued $550.0 million of 5.10% senior unsecured notes due July 15, 2031.
- Declared a quarterly cash dividend of $0.81 per share.
Price Impact
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