Verisign Inc.

Strong Q2 2026 performance (domains) with demand and “quality” - .com + .net domain base: 179.1M names (up strongly from prior quarter; management cited +3.05M QoQ). - New registrations: 12.7M in Q2 (record), vs 11.5M in Q1 and 10.4M in Q2 2025 (~+21% YoY). - Renewal rate (expected for Q2): 75.2%, slightly down vs 75.5% a year ago—management emphasized that renewal health remains consistent with expectations. - EPS and revenue growth: Revenue +6% YoY; EPS +7.7% YoY (reflects operating leverage and cash generation).

Financial strength and shareholder returns (dividend + aggressive repurchases) - Q2 revenue: $435M (+6% YoY). - Net income: $217M; diluted EPS $2.38 (vs $2.34 last quarter, $2.21 Q2 2025). - Cash flow: Free cash flow (FCF) $213M in Q2 vs $109M in the prior-year quarter. - Capital return: Management highlighted >100% of trailing 12-month FCF returned to shareholders ($1.17B) via share repurchases + dividends. - New repurchase authorization (board approval): +$884M, taking total authorization available to $1.5B (program has no expiration). - Dividend: Board approved $0.81/share quarterly dividend (record Aug 19, payable Aug 27, 2026).

2026 guidance raised and narrowed (growth outlook) - Updated domain growth guidance (key investor metric): between 5.2% and 6% for 2026, increased and narrowed vs prior expectation (driven by momentum in H1). - Financial guidance (updated): - Revenue: $1.745B–$1.755B - Operating income: $1.185B–$1.195B - Interest expense/non-operating net: expense $59M–$65M (reflecting refinancing impacts) - Capex: $55M–$65M (unchanged) - GAAP effective tax rate: 22%–25% - Explicit clarification: No meaningful revenue/expense expected from .web in 2026 (launch timing late 2026 / early 2027).