
Verisign has announced its financial results for the first quarter of 2025, revealing notable growth in revenue and domain registrations. The company has observed a net increase in registered .com and .net domains for the first time since early 2023. As of the end of Q1 2025, their domain base reached 169.8 million, marking an increase of 0.78 million from the preceding quarter, although it still represented a 1.5% decline year over year.
During this quarter, there were 10.1 million new registrations for .com and .net domains, compared to 9.5 million in Q1 2024 and matching the previous quarter of Q4 2024. Financially, Verisign reported a revenue of $402 million, representing a 4.7% growth year over year. Their operating income for Q1 2025 was recorded at $271 million, up from $259 million in Q1 2024, and the net income stood at $199 million, a slight increase from $194 million the previous year.
Despite the overall dip in their domain base year over year, the revenue increases can be attributed to previous wholesale price hikes. Notably, Verisign announced a cash dividend for shareholders for the first time since 2011, transitioning from stock buybacks to direct cash returns. Shareholders can expect a quarterly dividend of $0.77 moving forward.
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