Verisign Reports 6% Revenue Growth to $443M in Q3 2026

Verisign, Inc. reported a financial performance increase for the third quarter of 2026, with revenues reaching $443.0 million, a 6% rise from $419.1 million in the same period of 2025. For the nine months ending September 30, 2026, total revenues were $1.306 billion, also reflecting a 6% increase compared to $1.231 billion in the prior year. Operating income for the third quarter was $296.5 million, up 4% from $284.3 million year-over-year, while net income remained relatively stable at $212.6 million, slightly down from $212.8 million in the previous year.

The company experienced notable changes in its balance sheet, with total assets decreasing to $1.280 billion from $1.326 billion at the end of 2025. Current liabilities increased to $1.381 billion, up from $1.333 billion, driven by a rise in deferred revenues, which reached $1.094 billion compared to $1.035 billion in the prior period. Verisign's stockholders' deficit widened to $2.285 billion from $2.154 billion, primarily due to increased stock repurchases and dividend payments.

Strategically, Verisign launched the .web generic top-level domain (gTLD) in July 2026, which contributed to its intangible assets. The company reclassified $145.2 million of deposits to acquire intangible assets into its balance sheet following the delegation of the .web gTLD. Additionally, Verisign repurchased 0.7 million shares for $189.1 million during the third quarter, with a remaining authorization of $1.36 billion for future share repurchases.

Operationally, Verisign reported a total of 182.5 million .com and .net registrations as of September 30, 2026, marking a 6.1% increase from the previous year. The company processed 13.1 million new registrations during the third quarter, compared to 10.6 million in the same period of 2025. The renewal rate for .com and .net domains was 75.2% for the second quarter of 2026, slightly down from 75.5% in the prior year. Cash flows from operating activities totaled $772.3 million for the nine months ended September 30, 2026, down from $801.5 million in the same period of 2025.

Looking ahead, Verisign's management expressed confidence in its ability to meet future cash requirements through existing cash reserves, marketable securities, and operational cash flows. The company plans to continue its quarterly dividend payments, with a recent declaration of $0.81 per share for stockholders of record as of November 17, 2026. Verisign remains focused on maintaining its market position amid competitive pressures and evolving internet practices.