Tearsheet

VeriSign (VRSN)


Market Price (6/22/2026): $264.0 | Market Cap: $24.2 BilInvestor Relations Sector: Information Technology | Industry: Internet Services & Infrastructure

VeriSign (VRSN)


Market Price (6/22/2026): $264.0
Market Cap: $24.2 Bil
Sector: Information Technology
Industry: Internet Services & Infrastructure

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 68%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 64%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 62%

Stock buyback support
Stock Buyback 3Y Total is 3.0 Bil

Low stock price volatility
Vol 12M is 28%

Megatrend and thematic drivers
Megatrends include Cybersecurity, and 5G & Advanced Connectivity. Themes include Network Security, and Telecom Infrastructure.

Weak multi-year price returns
3Y Excs Rtn is -51%

Key risks
VRSN key risks include [1] its critical dependence on exclusive ICANN agreements, Show more.

0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 68%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 64%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 62%
2 Stock buyback support
Stock Buyback 3Y Total is 3.0 Bil
3 Low stock price volatility
Vol 12M is 28%
4 Megatrend and thematic drivers
Megatrends include Cybersecurity, and 5G & Advanced Connectivity. Themes include Network Security, and Telecom Infrastructure.
5 Weak multi-year price returns
3Y Excs Rtn is -51%
6 Key risks
VRSN key risks include [1] its critical dependence on exclusive ICANN agreements, Show more.

VRSN in ETFs

Weight = VRSN's share of each fund

SPY0.03%
VOO0.04%
IVV0.03%
VTI0.03%
ITOT0.03%
IWB0.03%
RSP0.21%
VUG0.08%
+25 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/17/2026

VeriSign (VRSN) stock has gained about 15% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Upgraded Full-Year Guidance.

VeriSign reported robust financial results for its fiscal Q1 2026 (ended March 31, 2026), with diluted earnings per share (EPS) of $2.34, surpassing analysts' consensus estimates of $2.30 by $0.04. Quarterly revenue also exceeded expectations, rising 6.6% year-over-year to $428.90 million, above the consensus estimate of $424.50 million. Following these strong results, VeriSign raised and narrowed its full-year 2026 revenue guidance to between $1.73 billion and $1.745 billion, with operating income guidance updated to $1.17 billion to $1.185 billion, signaling management's confidence in continued performance.

2. Robust Growth in Domain Name Registrations and Anticipated Price Increase.

The company achieved a record high of 176.1 million .com and .net domain name registrations in its domain name base by the end of fiscal Q1 2026, marking a 3.7% increase from the prior year's comparable quarter and a net increase of 2.54 million domain names during the quarter. New registrations in Q1 2026 reached 11.5 million, up from 10.1 million in Q1 2025. Additionally, VeriSign announced plans to increase the annual registry-level wholesale fee for .com domain names from $10.26 to $10.97, effective November 1, 2026, which is expected to bolster future revenue growth.

Show more
Updated on 6/17/2026

VeriSign (VRSN) stock has gained about 15% since 2/28/2026 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Upgraded Full-Year Guidance.

VeriSign reported robust financial results for its fiscal Q1 2026 (ended March 31, 2026), with diluted earnings per share (EPS) of $2.34, surpassing analysts' consensus estimates of $2.30 by $0.04. Quarterly revenue also exceeded expectations, rising 6.6% year-over-year to $428.90 million, above the consensus estimate of $424.50 million. Following these strong results, VeriSign raised and narrowed its full-year 2026 revenue guidance to between $1.73 billion and $1.745 billion, with operating income guidance updated to $1.17 billion to $1.185 billion, signaling management's confidence in continued performance.

2. Robust Growth in Domain Name Registrations and Anticipated Price Increase.

The company achieved a record high of 176.1 million .com and .net domain name registrations in its domain name base by the end of fiscal Q1 2026, marking a 3.7% increase from the prior year's comparable quarter and a net increase of 2.54 million domain names during the quarter. New registrations in Q1 2026 reached 11.5 million, up from 10.1 million in Q1 2025. Additionally, VeriSign announced plans to increase the annual registry-level wholesale fee for .com domain names from $10.26 to $10.97, effective November 1, 2026, which is expected to bolster future revenue growth.

3. Positive Analyst Sentiment and Increased Price Targets.

Following the strong Q1 2026 performance and outlook, analysts expressed increased optimism for VeriSign's stock. Several firms reiterated or upgraded their ratings and raised price targets. For instance, Citigroup maintained a "Buy" rating and set a price target of $320.00 on April 24, 2026, implying a potential 14.33% upside within 12 months. Baird also raised its price target to $355 (Outperform) on the same date. The consensus analyst rating for VRSN is a "Moderate Buy," with an average price target of $317.67, indicating a significant forecasted upside from current trading levels.

4. Consistent Shareholder Returns through Repurchases and Dividends.

VeriSign continued its commitment to returning value to shareholders. During fiscal Q1 2026, the company repurchased 0.9 million shares of its common stock for $214 million, with $863 million remaining under its existing share repurchase program. Furthermore, VeriSign's Board of Directors approved a cash dividend of $0.81 per share, which was payable on May 27, 2026, to stockholders of record as of May 19, 2026.

5. Defensive Nature of Business and Insulation from Macroeconomic Headwinds.

VeriSign's core business as the authoritative registry for .com and .net domain names provides a stable and defensive profile. This unique market position insulates its revenue streams from broader macroeconomic concerns, such as artificial intelligence (AI) capital expenditure cycles and geopolitical disruptions, which have impacted other technology sectors in 2026. This stability and resilience in a volatile market environment have attracted sustained institutional interest, further supporting the stock's positive trend.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 16.4% change in VRSN stock from 2/28/2026 to 6/21/2026 was primarily driven by a 13.4% change in the company's P/E Multiple.
(LTM values as of)22820266212026Change
Stock Price ($)227.34264.6416.4%
Change Contribution By: 
Total Revenues ($ Mil)1,6571,6831.6%
Net Income Margin (%)49.8%50.0%0.2%
P/E Multiple25.428.813.4%
Shares Outstanding (Mil)92920.8%
Cumulative Contribution16.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/21/2026
ReturnCorrelation
VRSN16.4% 
Market (SPY)9.2%-4.8%
Sector (XLK)38.1%-11.0%

Fundamental Drivers

The 5.7% change in VRSN stock from 11/30/2025 to 6/21/2026 was primarily driven by a 3.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)113020256212026Change
Stock Price ($)250.39264.645.7%
Change Contribution By: 
Total Revenues ($ Mil)1,6271,6833.5%
Net Income Margin (%)49.9%50.0%0.2%
P/E Multiple28.828.80.1%
Shares Outstanding (Mil)93921.9%
Cumulative Contribution5.7%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/21/2026
ReturnCorrelation
VRSN5.7% 
Market (SPY)9.9%-5.6%
Sector (XLK)34.1%-9.1%

Fundamental Drivers

The -1.7% change in VRSN stock from 5/31/2025 to 6/21/2026 was primarily driven by a -10.4% change in the company's P/E Multiple.
(LTM values as of)53120256212026Change
Stock Price ($)269.13264.64-1.7%
Change Contribution By: 
Total Revenues ($ Mil)1,5751,6836.8%
Net Income Margin (%)50.2%50.0%-0.5%
P/E Multiple32.228.8-10.4%
Shares Outstanding (Mil)95923.3%
Cumulative Contribution-1.7%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/21/2026
ReturnCorrelation
VRSN-1.7% 
Market (SPY)28.1%5.0%
Sector (XLK)66.8%-4.1%

Fundamental Drivers

The 20.3% change in VRSN stock from 5/31/2023 to 6/21/2026 was primarily driven by a 16.7% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236212026Change
Stock Price ($)219.98264.6420.3%
Change Contribution By: 
Total Revenues ($ Mil)1,4421,68316.7%
Net Income Margin (%)48.2%50.0%3.7%
P/E Multiple33.228.8-13.2%
Shares Outstanding (Mil)1059214.5%
Cumulative Contribution20.3%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/21/2026
ReturnCorrelation
VRSN20.3% 
Market (SPY)85.7%26.0%
Sector (XLK)137.9%16.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VRSN Return17%-19%0%0%18%10%24%
Peers Return26%-52%57%-9%28%82%106%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
VRSN Win Rate58%33%50%50%67%67% 
Peers Win Rate54%28%63%45%58%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
VRSN Max Drawdown-13%-38%-16%-18%-24%-16% 
Peers Max Drawdown-36%-59%-37%-40%-40%-29% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NET, AKAM, FSLY, VRSN, DOCN. See VRSN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventVRSNS&P 500
2023 SVB Regional Banking Crisis
  % Loss-10.2%-6.7%
  % Gain to Breakeven11.3%7.1%
  Time to Breakeven24 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-37.9%-24.5%
  % Gain to Breakeven61.1%32.4%
  Time to Breakeven1015 days427 days
2020 COVID-19 Crash
  % Loss-28.4%-33.7%
  % Gain to Breakeven39.7%50.9%
  Time to Breakeven30 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.1%-19.2%
  % Gain to Breakeven17.8%23.8%
  Time to Breakeven9 days105 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-18.5%-17.9%
  % Gain to Breakeven22.7%21.8%
  Time to Breakeven36 days123 days
2008-2009 Global Financial Crisis
  % Loss-55.1%-53.4%
  % Gain to Breakeven122.7%114.4%
  Time to Breakeven806 days1085 days

Compare to NET, AKAM, FSLY, VRSN, DOCN

In The Past

VeriSign's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventVRSNS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-37.9%-24.5%
  % Gain to Breakeven61.1%32.4%
  Time to Breakeven1015 days427 days
2020 COVID-19 Crash
  % Loss-28.4%-33.7%
  % Gain to Breakeven39.7%50.9%
  Time to Breakeven30 days140 days
2008-2009 Global Financial Crisis
  % Loss-55.1%-53.4%
  % Gain to Breakeven122.7%114.4%
  Time to Breakeven806 days1085 days

Compare to NET, AKAM, FSLY, VRSN, DOCN

In The Past

VeriSign's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About VeriSign (VRSN)

VeriSign (VRSN) is a critical internet infrastructure company that provides foundational services enabling global internet navigation, security, stability, and resiliency. At its core, the company operates as a domain name registry, managing the authoritative databases that allow internet users to find websites associated with specific domain names. It also serves as a root zone maintainer and operates two of the 13 global internet root servers, making it a pivotal player in the internet's core architecture.

The company's primary services include offering registration and authoritative resolution for the widely used .com and .net top-level domains, which are essential for global e-commerce and countless online businesses worldwide. Additionally, VeriSign provides back-end systems for other important domain names such as .cc, .gov, .edu, and .name, along with distributed server, networking, security, and data integrity services. Its customers are effectively anyone who relies on these critical domains for their online presence, from individuals and businesses to government and educational institutions globally.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe VeriSign:

1. The Experian for internet domain names: VeriSign acts like a credit bureau for website addresses, managing the official records for .com and .net domains and ensuring they can always be found by users.

2. A critical utility company for the internet's addressing system: Similar to how a power grid operator ensures electricity, VeriSign provides essential, always-on infrastructure to keep the internet's navigation for .com and .net running smoothly and securely.

3. A title company for .com and .net internet properties: VeriSign verifies ownership and guarantees the stability and clear access for the most common website addresses, much like a title company ensures clear ownership for physical real estate.

AI Analysis | Feedback

```html
  • Domain Name Registry Services: VeriSign provides registration and authoritative resolution services for various top-level domains, including .com, .net, .cc, .gov, .edu, and .name.
  • Internet Infrastructure Services: The company operates root zone maintainer services and two of the internet's 13 root servers, ensuring the security, stability, and resiliency of global internet navigation.
```

AI Analysis | Feedback

VeriSign (VRSN) operates as a domain name registry, meaning its primary customers are not individuals or end-users directly. Instead, VeriSign sells its services to domain name registrars, who then sell domain names to businesses and individuals.

Based on this model, VeriSign's major customers are the large domain name registrars around the world. While VeriSign doesn't typically disclose a specific list of its largest customers, prominent registrars that rely on VeriSign's registry services for .com and .net domains include:

  • GoDaddy Inc. (Symbol: GDDY)
  • Alphabet Inc. (Symbol: GOOGL) - through its Google Domains service
  • Tucows Inc. (Symbol: TCX) - through its OpenSRS wholesale domain platform
  • Companies that own other major registrars like Namecheap, Domain.com, Bluehost, and Register.com. (Note: Many of these are part of larger, often privately held, corporations.)

AI Analysis | Feedback

null

AI Analysis | Feedback

D. James Bidzos Executive Chairman, President, and Chief Executive Officer

D. James Bidzos is the founder of VeriSign, established in 1995 as a spin-off from RSA Security Inc.. He is recognized as an internet and security industry pioneer, having been instrumental in building RSA Security into an early leader for authentication and encryption, and launching VeriSign to develop the digital certificate infrastructure for internet commerce. Prior to VeriSign, Mr. Bidzos served as President and CEO of RSA Security from 1986 to 1999 and then as its Vice Chairman from 1999 to 2002. He began his career at IBM in the 1970s. He was re-appointed President and Chief Executive Officer of VeriSign on August 1, 2011, and resumed the office of President in April 2024.

John Calys Executive Vice President and Chief Financial Officer

John Calys serves as the Executive Vice President and Chief Financial Officer, succeeding George E. Kilguss III, whose retirement was effective May 31, 2025. Mr. Calys joined VeriSign in December 2010 and has over 35 years of experience in financial management and business leadership. His previous roles at VeriSign include Senior Vice President, Global Controller, and Chief Accounting Officer. He also served as interim Chief Financial Officer during 2011 and 2012.

Danny McPherson Executive Vice President, Technology and Chief Security Officer

Danny McPherson is the Executive Vice President, Technology and Chief Security Officer at VeriSign. His role is considered crucial given the company's position as a core provider of domain name system (DNS) security and infrastructure.

Thomas Indelicarto Executive Vice President, General Counsel and Secretary

Thomas Indelicarto holds the position of Executive Vice President, General Counsel, and Secretary at VeriSign.

Dr. Burt Kaliski Jr. Senior Vice President and Chief Technology Officer

Dr. Burt Kaliski Jr. is the Senior Vice President and Chief Technology Officer for VeriSign.

AI Analysis | Feedback

```html

Here are the key risks to VeriSign's business:

  1. Regulatory and Contractual Dependence: VeriSign's core business and revenue are heavily reliant on its long-term agreements with the Internet Corporation for Assigned Names and Numbers (ICANN) and the U.S. Department of Commerce, particularly for the operation of the .com and .net top-level domains. Approximately 85% of its revenue is generated from these domain services. Any unfavorable changes to these agreements, including pricing mechanisms or renewal terms, or increased regulatory scrutiny and intervention, could significantly impact VeriSign's financial performance and operational stability.

  2. Cybersecurity Threats and Infrastructure Vulnerability: As a critical provider of internet infrastructure and operator of root servers, VeriSign faces constant and evolving cybersecurity threats. Sophisticated cyber-attacks, such as advanced persistent threats and Distributed Denial of Service (DDoS) attacks, could disrupt its services, compromise data integrity, and damage its reputation. The increasing use of AI-based tools by attackers further complicates defense efforts, requiring continuous and significant investment in cybersecurity measures to protect its systems and maintain the stability and resiliency of the internet.

  3. Technological Evolution and Shifting Internet Behaviors: The internet landscape is dynamic, with continuous technological evolution and changes in user preferences. There is a risk that shifts in internet behavior towards alternative online identity establishments, such as social media platforms, e-commerce sites, or emerging alternative namespaces and AI-driven content discovery, could reduce the demand for traditional domain names. Additionally, new rounds of generic Top-Level Domains (gTLDs) could introduce competitive alternatives to .com, potentially impacting VeriSign's long-term registration growth and market position.

```

AI Analysis | Feedback

null

AI Analysis | Feedback

VeriSign, Inc. operates primarily in the domain name registry services sector, managing critical internet infrastructure globally. The addressable market for VeriSign's main products and services, particularly its domain name registry services for .com and .net, can be understood through the global domain name registrar market and the sheer volume of domains under its management. The global Domain Name Registrar market size was valued at approximately $2.33 billion in 2024. This market is projected to grow to about $3.33 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.23% (global). Other estimates place the global domain name register market size at $2.6 billion in 2023, expected to reach $4.0 billion by 2032, with a CAGR of 4.7% (global). Another projection indicates that the market for Domain Name Registrar was estimated to be worth $2.65 billion in 2023 and is projected to grow at a CAGR of 4.7% to reach $4.05 billion by 2031 (global). VeriSign holds a unique and dominant position as the exclusive registry operator for the .com and .net top-level domains (TLDs). As of June 30, 2025, the combined .com and .net domain base managed by VeriSign comprised 170.5 million registrations (global). More specifically, as of September 30, 2025, the .com and .net TLDs had a combined total of 171.9 million domain name registrations (global), with the .com domain base totaling 159.4 million and the .net domain base totaling 12.5 million. The .com domains alone represent a significant portion of all websites, accounting for approximately 38.11% to 44.4% of them and over 157 million registrations (global). Beyond domain name registry services, VeriSign also provides essential internet infrastructure services, including operating two of the 13 global internet root servers and serving as the back-end system for other domain names like .cc, .gov, .edu, and .name. While these services are foundational to internet navigation and security, specific monetary addressable market sizes for these infrastructure components, separate from the overarching domain name market, are not typically reported as distinct markets. VeriSign's revenue, which was $410 million in Q2 2025 and projected to be between $1.635 billion and $1.650 billion for the full year 2025, largely reflects its central role in the global domain name system.

AI Analysis | Feedback

VeriSign (VRSN) is anticipated to experience future revenue growth over the next 2-3 years, driven by several key factors related to its core domain name registry services and strategic initiatives.

The expected drivers of future revenue growth for VeriSign include:

  • Continued Growth in the .com and .net Domain Name Base: VeriSign's primary revenue stream comes from the registration and renewal of .com and .net domain names. The company has consistently reported year-over-year increases in its domain name base. For instance, the .com and .net domain name base reached 171.9 million in Q3 2025, marking a 1.4% increase from the prior year, with 10.6 million new domain registrations during the quarter. By the end of fiscal 2025, the .com and .net domain name base had grown to 173.5 million, a 2.6% year-over-year increase.
  • Periodic Price Increases for Domain Name Services: VeriSign has historically leveraged its pricing power, and future revenue growth is expected to benefit from planned rate increases. Notably, a high single-digit rate increase for domain services is slated to begin in September 2026, which is expected to contribute to revenue in the latter half of that year.
  • Stable to Improving Renewal Rates: The consistent renewal of existing domain names is a crucial component of VeriSign's recurring revenue. The company has demonstrated strong renewal rates, with a preliminary renewal rate of 75.3% in Q3 2025, an increase from 72.2% in the same quarter of the previous year. Similarly, the preliminary renewal rate for Q4 2025 was 75%, up from 74% in the prior year. Management has also indicated that enhanced marketing programs are contributing to improved renewal rates.
  • Exploration and Expansion into New Generic Top-Level Domains (gTLDs): Beyond its established .com and .net domains, VeriSign is actively exploring opportunities in new gTLDs. The company is developing marketing programs for 2026 and investigating the potential of the .web domain, pending legal outcomes. Additionally, VeriSign is preparing for ICANN's new gTLD round scheduled for Q2 2026, highlighting its strategic focus on future growth opportunities through diversification in the domain market.

AI Analysis | Feedback

Share Repurchases

  • In 2025, VeriSign returned $1.1 billion to shareholders through share repurchases and quarterly dividends.
  • As of the end of Q4 2025, VeriSign had $1.08 billion remaining under its share repurchase program.
  • During Q4 2025, VeriSign repurchased 1.0 million shares of its common stock for $251 million.

Capital Expenditures

  • VeriSign's capital expenditures for 2026 are projected to be between $55 million and $65 million.
  • The anticipated increase in capital expenditures for 2026 is primarily for end-of-life equipment replacement and capacity expansion, largely influenced by AI-driven demand.
  • In Q4 2025, VeriSign invested $4.5 million in capital expenditures.

Better Bets vs. VeriSign (VRSN)

Latest Trefis Analyses

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

VRSNNETAKAMFSLYDOCNMedian
NameVeriSign Cloudfla.Akamai T.Fastly DigitalO. 
Mkt Price264.64224.06124.9117.90173.27173.27
Mkt Cap24.279.018.12.716.118.1
Rev LTM1,6832,3294,2676539491,683
Op Inc LTM1,143-216587-104156156
FCF LTM1,0482927654232292
FCF 3Y Avg921206754576206
CFO LTM1,0726161,580106292616
CFO 3Y Avg9544531,48850279453

Growth & Margins

VRSNNETAKAMFSLYDOCNMedian
NameVeriSign Cloudfla.Akamai T.Fastly DigitalO. 
Rev Chg LTM6.8%31.6%6.2%17.7%17.6%17.6%
Rev Chg 3Y Avg5.3%30.3%5.6%13.5%15.6%13.5%
Rev Chg Q6.6%33.5%5.8%19.8%22.4%19.8%
QoQ Delta Rev Chg LTM1.6%7.4%1.4%4.6%5.2%4.6%
Op Inc Chg LTM6.8%-40.7%-5.9%28.5%33.1%6.8%
Op Inc Chg 3Y Avg6.0%-4.3%-5.4%23.1%157.6%6.0%
Op Mgn LTM67.9%-9.3%13.8%-16.0%16.4%13.8%
Op Mgn 3Y Avg67.7%-10.6%15.7%-26.4%13.0%13.0%
QoQ Delta Op Mgn LTM0.3%0.3%-1.2%3.0%-1.0%0.3%
CFO/Rev LTM63.7%26.4%37.0%16.2%30.8%30.8%
CFO/Rev 3Y Avg59.8%24.4%36.7%8.1%34.3%34.3%
FCF/Rev LTM62.3%12.5%17.9%6.5%3.4%12.5%
FCF/Rev 3Y Avg57.7%11.0%18.6%0.5%9.8%11.0%

Valuation

VRSNNETAKAMFSLYDOCNMedian
NameVeriSign Cloudfla.Akamai T.Fastly DigitalO. 
Mkt Cap24.279.018.12.716.118.1
P/S14.433.94.34.217.014.4
P/Op Inc21.2-365.930.9-26.4103.421.2
P/EBIT20.8-1,171.231.0-29.774.620.8
P/E28.8-910.941.7-26.768.128.8
P/CFO22.6128.311.525.955.125.9
Total Yield4.7%-0.1%2.4%-3.7%1.5%1.5%
Dividend Yield1.2%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg4.2%0.4%5.1%-0.4%2.1%2.1%
D/E0.10.00.30.10.10.1
Net D/E0.1-0.00.30.00.00.0

Returns

VRSNNETAKAMFSLYDOCNMedian
NameVeriSign Cloudfla.Akamai T.Fastly DigitalO. 
1M Rtn-14.6%3.6%-15.2%9.7%9.3%3.6%
3M Rtn10.2%4.0%13.1%-29.0%109.6%10.2%
6M Rtn9.1%14.5%40.0%75.0%264.6%40.0%
12M Rtn-4.6%25.0%59.4%164.8%533.3%59.4%
3Y Rtn22.0%244.7%41.5%11.2%343.8%41.5%
1M Excs Rtn-14.6%6.4%-13.6%7.4%13.5%6.4%
3M Excs Rtn-2.8%-12.3%0.0%-45.9%89.5%-2.8%
6M Excs Rtn-0.4%3.1%32.1%65.7%279.6%32.1%
12M Excs Rtn-31.0%-1.7%33.4%144.6%495.4%33.4%
3Y Excs Rtn-51.4%152.5%-35.6%-71.7%199.0%-35.6%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment1,6571,5571,4931,4251,328
Total1,6571,5571,4931,4251,328


Price Behavior

Price Behavior
Market Price$264.64 
Market Cap ($ Bil)24.2 
First Trading Date01/30/1998 
Distance from 52W High-14.6% 
   50 Days200 Days
DMA Price$282.36$257.34
DMA Trendupup
Distance from DMA-6.3%2.8%
 3M1YR
Volatility33.2%28.3%
Downside Capture10.6053.76
Upside Capture37.9433.43
Correlation (SPY)-3.4%4.6%
VRSN Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.05-0.120.01-0.040.190.42
Up Beta0.62-0.69-0.60-0.73-0.200.32
Down Beta-1.53-1.38-0.27-0.23-0.220.39
Up Capture64%69%72%37%35%20%
Bmk +ve Days13283667141432
Stock +ve Days12243767136396
Down Capture-43%-3%-16%18%62%76%
Bmk -ve Days7132757109318
Stock -ve Days8172657114355

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSN
VRSN-5.7%28.2%-0.21-
Sector ETF (XLK)59.9%23.1%1.96-4.4%
Equity (SPY)26.5%12.4%1.614.6%
Gold (GLD)24.2%27.5%0.77-11.2%
Commodities (DBC)19.8%18.8%0.83-4.5%
Real Estate (VNQ)11.0%13.7%0.5210.7%
Bitcoin (BTCUSD)-40.0%42.4%-1.08-7.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSN
VRSN4.0%25.2%0.14-
Sector ETF (XLK)22.9%25.3%0.8042.6%
Equity (SPY)13.5%17.1%0.6249.6%
Gold (GLD)17.1%18.3%0.762.0%
Commodities (DBC)7.5%19.4%0.293.3%
Real Estate (VNQ)1.9%18.9%0.0042.9%
Bitcoin (BTCUSD)11.0%54.2%0.4017.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSN
VRSN12.2%26.3%0.46-
Sector ETF (XLK)25.4%24.7%0.9357.5%
Equity (SPY)15.3%18.0%0.7360.1%
Gold (GLD)12.3%16.1%0.634.3%
Commodities (DBC)5.9%18.0%0.2613.7%
Real Estate (VNQ)5.3%20.7%0.2246.1%
Bitcoin (BTCUSD)60.0%66.8%1.0013.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity2.1 Mil
Short Interest: % Change Since 51520262.8%
Average Daily Volume0.9 Mil
Days-to-Cover Short Interest2.4 days
Basic Shares Quantity91.6 Mil
Short % of Basic Shares2.3%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/23/2026-2.8%-3.0%12.2%
2/5/2026-7.6%-10.1%0.3%
10/23/2025-1.4%-6.0%0.6%
7/24/20256.7%-6.2%-5.7%
4/24/20258.0%10.7%11.1%
2/6/20250.5%4.2%8.6%
10/24/2024-2.1%-4.5%-2.3%
7/25/20244.2%6.6%1.5%
...
SUMMARY STATS   
# Positive11813
# Negative131611
Median Positive3.6%5.4%4.2%
Median Negative-2.8%-3.8%-6.2%
Max Positive9.5%10.7%16.0%
Max Negative-14.3%-15.7%-15.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/23/2026-2.8%-3.0%12.2%
2/5/2026-7.6%-10.1%0.3%
10/23/2025-1.4%-6.0%0.6%
7/24/20256.7%-6.2%-5.7%
4/24/20258.0%10.7%11.1%
2/6/20250.5%4.2%8.6%
10/24/2024-2.1%-4.5%-2.3%
7/25/20244.2%6.6%1.5%
4/25/2024-3.9%-7.8%-6.3%
2/8/2024-1.3%-1.6%-4.1%
10/26/2023-5.8%-2.0%4.6%
7/27/2023-0.6%-0.6%-1.8%
4/27/20232.3%1.8%4.2%
2/9/20231.0%-0.3%-8.1%
10/27/20229.5%-3.0%6.4%
7/28/20223.6%8.0%2.7%
4/28/2022-14.3%-15.7%-15.4%
2/10/20220.7%-2.0%-6.2%
10/28/20215.7%9.4%16.0%
7/22/2021-4.7%-7.5%-8.8%
4/22/2021-0.4%3.4%4.2%
2/11/2021-1.1%-3.2%-6.9%
10/22/2020-3.4%-7.8%-5.5%
7/23/20201.5%1.5%0.6%
SUMMARY STATS   
# Positive11813
# Negative131611
Median Positive3.6%5.4%4.2%
Median Negative-2.8%-3.8%-6.2%
Max Positive9.5%10.7%16.0%
Max Negative-14.3%-15.7%-15.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202604/23/202610-Q
12/31/202502/05/202610-K
09/30/202510/23/202510-Q
06/30/202507/24/202510-Q
03/31/202504/24/202510-Q
12/31/202402/13/202510-K
09/30/202410/24/202410-Q
06/30/202407/25/202410-Q
03/31/202404/25/202410-Q
12/31/202302/15/202410-K
09/30/202310/26/202310-Q
06/30/202307/27/202310-Q
03/31/202304/27/202310-Q
12/31/202202/17/202310-K
09/30/202210/27/202210-Q
06/30/202207/28/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202604/23/202610-Q
12/31/202502/05/202610-K
09/30/202510/23/202510-Q
06/30/202507/24/202510-Q
03/31/202504/24/202510-Q
12/31/202402/13/202510-K
09/30/202410/24/202410-Q
06/30/202407/25/202410-Q
03/31/202404/25/202410-Q
12/31/202302/15/202410-K
09/30/202310/26/202310-Q
06/30/202307/27/202310-Q
03/31/202304/27/202310-Q
12/31/202202/17/202310-K
09/30/202210/27/202210-Q
06/30/202207/28/202210-Q
03/31/202204/28/202210-Q
12/31/202102/18/202210-K
09/30/202110/28/202110-Q
06/30/202107/22/202110-Q
03/31/202104/22/202110-Q
12/31/202002/19/202110-K
09/30/202010/22/202010-Q
06/30/202007/23/202010-Q
03/31/202004/23/202010-Q
12/31/201902/14/202010-K
09/30/201910/25/201910-Q
06/30/201907/25/201910-Q

Recent Forward Guidance

Updated 5/31/2026

Latest: Q1 2026 Earnings Reported 4/23/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Wholesale Fee for .com domain name registration 11 6.9% Higher NewActual: 10.3 for 2025

Prior: Q4 2025 Earnings Reported 2/5/2026

null

Insider Activity

Updated 6/17/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6172026274.223,300904,926118,665,644Form
2Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6112026283.54500141,77010,363,683Form
3Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6112026284.293,300938,169123,963,168Form
4Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6032026293.45500146,72510,872,629Form
5Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6032026297.473,300981,646130,689,522Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6172026274.223,300904,926118,665,644Form
2Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6112026283.54500141,77010,363,683Form
3Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6112026284.293,300938,169123,963,168Form
4Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6032026293.45500146,72510,872,629Form
5Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6032026297.473,300981,646130,689,522Form
6Armstrong, Courtney D by The Armstrong Family TrustBuy5292026305.28144,2151,592,711Form
7Armstrong, Courtney D DirectBuy5292026309.012714273,337Form
8McPherson, Danny REVP - Technology & CSODirectSell4292026271.025,0001,355,1069,538,639Form
9Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell4152026270.06498134,49010,316,902Form
10Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell4082026274.00498136,45210,603,871Form
11Armstrong, Courtney D by The Armstrong Family TrustBuy3252026250.17163,9801,301,752Form
12Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell3112026240.6233279,8869,551,714Form
13Armstrong, Courtney D by The Armstrong Family TrustBuy3032026223.54194,2001,159,628Form
14Armstrong, Courtney D DirectBuy3032026219.443712193,600Form
15Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell2112026219.2416636,3949,213,126Form
16Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell2042026249.08498124,0427,501,048Form
17Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell1122026250.0016641,5007,777,754Form
18Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell1072026240.8333279,9567,532,444Form
19Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12182025245.042,000490,089103,188,069Form
20Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12182025244.252,000488,498103,341,601Form
21Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12182025241.795,0001,208,954102,785,030Form
22Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12112025244.462,000488,913105,140,608Form
23Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12112025242.072,000484,150104,600,333Form
24Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell12112025244.595,0001,222,973106,178,282Form
25Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell12102025250.07501125,2857,904,467Form
26Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell12032025252.62501126,5638,111,632Form
27Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11202025248.092,000496,172108,901,369Form
28Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11202025246.052,000492,109108,501,840Form
29Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11202025250.055,0001,250,250110,763,753Form
30Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11132025252.832,000505,670113,633,796Form
31Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11132025251.272,000502,544113,433,858Form
32Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell11132025248.145,0001,240,700112,516,304Form
33Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell11122025250.0033483,5008,296,818Form
34Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell11122025246.4733482,3218,261,988Form
35Calys, JohnEVP, Chief Financial OfficerDirectSell11102025242.711,001242,9556,003,223Form
36Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell11052025244.5233481,6708,278,291Form
37McPherson, Danny REVP - Technology & CSODirectSell11032025236.872,500592,1756,768,996Form
38Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10232025249.702,000499,400114,472,194Form
39Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10232025261.542,000523,080120,423,209Form
40Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10232025267.435,0001,337,174123,672,170Form
41Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10162025261.792,000523,585122,371,857Form
42Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10162025264.062,000528,120123,960,068Form
43Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell10162025265.575,0001,327,873125,202,160Form
44Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell10152025262.92501131,7238,989,043Form
45Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell10082025270.87501135,7069,396,554Form
46Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9192025287.962,000575,925137,196,402Form
47Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9172025288.482,000576,963138,020,688Form
48Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9172025287.345,0001,436,717138,050,928Form
49Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9112025287.672,000575,347139,647,786Form
50Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9112025283.872,000567,731138,367,079Form
51Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell9112025283.245,0001,416,190138,627,630Form
52Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell9102025282.28501141,4229,933,792Form
53Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell9032025270.46501135,5009,653,332Form
54Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8212025271.792,000543,589134,348,980Form
55Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8212025270.712,000541,418134,354,022Form
56Tomlinson, Timothy by Tomlinson Family TrustSell8212025270.00700189,0004,126,680Form
57Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8212025268.435,0001,342,149133,759,659Form
58Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8142025266.482,000532,956134,510,535Form
59Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8142025266.452,000532,891135,027,023Form
60Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell8142025264.155,0001,320,735134,390,459Form
61Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell8132025264.50501132,5149,724,821Form
62Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell8062025269.50501135,02010,043,675Form
63Berkshire, Hathaway Inc See footnotesSell8012025282.154,300,0001,213,245,0002,536,494,642Form
64Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7172025281.082,000562,168144,413,042Form
65Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7172025281.352,000562,694145,110,804Form
66Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7172025282.085,0001,410,395146,052,476Form
67Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7102025286.682,000573,369149,870,500Form
68Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7102025289.292,000578,571151,808,816Form
69Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell7102025284.825,0001,424,084150,033,459Form
70Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell7092025287.10501143,83710,843,425Form
71Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell7022025290.17501145,37311,104,559Form
72Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6202025281.874,0001,127,498149,892,908Form
73Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6202025283.675,0001,418,372151,984,729Form
74Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6122025281.262,000562,518152,096,899Form
75Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6122025279.282,000558,557151,584,542Form
76Bidzos, D JamesExec. Chairman, Pres, & CEODirectSell6122025276.715,0001,383,570150,745,944Form
77Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6112025280.52501140,54110,875,987Form
78Indelicarto, Thomas CEVP, Gen Counsel & SecretaryDirectSell6042025275.44501137,99510,817,027Form
Core Cache Last Updated: 6/21/2026