Verisign beats Q3 revenue estimates on increase in domain name registrations

Overview

• Domain registry service provider Verisign Q3 2025 revenue grows 7.3% yr/yr, beating analyst expectations

• Net income for Q3 2025 rises to $213 mln, with diluted EPS of $2.27

• Company repurchased 0.8 mln shares for $215 mln in Q3 2025

Outlook

• Company did not provide specific guidance for future quarters or full year

Result Drivers

• DOMAIN REGISTRATIONS - Verisign processed 10.6 mln new domain name registrations in Q3 2025, up from 9.3 mln in Q3 2024

• RENEWAL RATE IMPROVEMENT - The .com and .net renewal rate for Q2 2025 was 75.5%, up from 72.7% in Q2 2024

• SHARE REPURCHASES - Verisign repurchased 0.8 mln shares for $215 mln in Q3 2025

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "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 $337.00, about 20.9% above its October 21 closing price of $266.46

• The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 32 three months ago

Press Release:

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