01—Abstract
Summary
Summary of the 8-K filed October 23, 2025. Cited figures are marked; the original filing is the authoritative source.
VeriSign, Inc. (NASDAQ: VRSN) reported third quarter 2025 results on October 23, 2025, via Exhibit 99.1 press release.
Revenue was $419 milliona, up 7.3 percent from the same quarter of 2024. Operating income was $284 million versus $269 million a year earlier, and net income was $213 million, or diluted EPS of $2.27, compared with $201 million and $2.07 in the third quarter of 2024. Cash flow from operations was $308 million for the quarter, compared with $253 million a year earlier.
The company continued returning capital to shareholders. In the quarter it repurchased 0.8 million shares for $215 millionb, leaving $1.33 billion available under its share repurchase program, which has no expiration. On October 21, 2025, the Board approved a cash dividend of $0.77 per share, with a record date of November 18, 2025 and payment on November 25, 2025.
For the nine months ended September 30, 2025, the filing shows $627.2 millionc in share repurchases and $144.1 million in dividend payments. Business metrics showed continued domain base growth. The .com and .net domain name base reached 171.9 million registrations at quarter end, a 1.4 percent increase from the end of the third quarter of 2024, with a net increase of 1.45 million during the quarter.
New registrations processed were 10.6 million, versus 9.3 million a year earlier. The final renewal rate for the second quarter of 2025 was 75.5 percent, compared with 72.7 percent for the same quarter of 2024. The balance sheet shows a stockholders' deficit of $2.05 billiond at September 30, 2025, with total senior notes of $1.79 billion long-term.
02—Key points
Key Highlights
- Third quarter 2025 revenue of $419 million, up 7.3 percent from the same quarter of 2024
- Operating income of $284 million, compared with $269 million in the third quarter of 2024
- Diluted EPS of $2.27 on net income of $213 million, versus $2.07 diluted EPS a year earlier
- Cash flow from operations of $308 million for the quarter, compared with $253 million in the prior-year quarter
- Repurchased 0.8 million shares for $215 million in the quarter; $1.33 billion remains under the program
- Board approved a $0.77 per share cash dividend payable November 25, 2025 to holders of record on November 18, 2025
- Domain name base of 171.9 million .com and .net registrations, up 1.4 percent year over year, with a final Q2 2025 renewal rate of 75.5 percent
03—Questions
Frequently Asked Questions
How did VeriSign perform in the third quarter of 2025?
Revenue was $419 million, up 7.3 percent from the third quarter of 2024. Operating income rose to $284 million from $269 million, and net income was $213 million, or $2.27 per diluted share, compared with $201 million and $2.07 per share a year earlier.
How much capital did VeriSign return to shareholders?
In the third quarter, the company repurchased 0.8 million shares for $215 million and had $1.33 billion remaining under its share repurchase program, which has no expiration. The Board also approved a quarterly cash dividend of $0.77 per share. For the nine months ended September 30, 2025, the filing reports $627.2 million in share repurchases and $144.1 million in dividend payments.
What is the dividend timing for shareholders?
The $0.77 per share dividend, approved October 21, 2025, is payable November 25, 2025 to stockholders of record as of the close of business on November 18, 2025.
How is the .com and .net domain business trending?
The domain name base ended the quarter at 171.9 million registrations, a 1.4 percent increase from the end of the third quarter of 2024, with a net increase of 1.45 million during the quarter. New registrations processed were 10.6 million, up from 9.3 million a year earlier. The final renewal rate for the second quarter of 2025 was 75.5 percent, compared with 72.7 percent a year earlier.
What does the balance sheet show about the company's financial position?
At September 30, 2025, total assets were $1.40 billion and total liabilities were $3.45 billion, resulting in a total stockholders' deficit of $2.05 billion. Cash, cash equivalents and marketable securities totaled $618 million, and deferred revenues were $1.38 billion.
04—Continue