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VeriSign, Inc.
NASDAQ: VRSN Technology IT 🔎 Screen
S&P 500
$26.3B
Market Cap
27.6
P/E
1.74
PEG
46.5%
ROCE
-40.2%
ROE
-0.83
D/E
67.7%
OPM
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🌏 Global Investor Returns
Currency-adjusted total returns for VRSN including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

VeriSign, Inc., together with its subsidiaries, provides internet infrastructure and domain name registry services that enables internet navigation for various recognized domain names worldwide.

Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
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⭐ Superinvestors Holding VRSN
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Manager Shares Value % of Fund Period
Warren Buffett Berkshire Hathaway Inc 8.02M $2.0B 0.76% Mar 2026
Jim Simons Renaissance Technologies LLC 2.82M $699.9M 1.09% Mar 2026
Warren Buffett Berkshire Hathaway Inc 972.9K $241.6M 0.09% Mar 2026
Steve Cohen Point72 Asset Management 505.7K $125.6M 0.16% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
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🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q1 2026
Revenue
$429M
+6.6% YoY
Operating Income
$294M
+8.3% YoY
Operating Margin
68.5%
+0.9pp YoY
Net Income
$215M
+8.0% YoY
What Went Right
  • Domain name base grew 2.54 million to a record 176.1 million
  • New registrations hit 11.5 million, the highest since H1 2021
  • Renewal rate improved to 76.3% from 75.5% a year ago
What to Watch
  • Renewal rates may face pressure from a higher proportion of first-time renewals in H2 2026
  • Impact of .com price increase (to $10.97) depends on registrar pass-through to retail
  • AI tools also reveal vulnerabilities, increasing need for high-assurance infrastructure
Management Guidance
  • Full-year 2026 revenue guidance: $1.730B–$1.745B
  • Full-year 2026 operating income guidance: $1.170B–$1.185B
  • Domain name base growth for 2026: 3.1%–4.3%
Investor Lens
The Q1 results reinforce VeriSign's thesis: consistent revenue growth, record domain base, and strong cash generation. With over 100% free cash flow returned to shareholders and a price increase on the horizon, the high-assurance infrastructure story remains intact. However, renewal rate dynamics and the pace of new TLD competition warrant monitoring. Overall, the call strengthens the investment case for a stable, cash-generating registry business.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Solid Q1 with record domain base and revenue up 6.6%
Revenue
Revenue for Q1 2026 was $429 million, up 6.6% year-over-year. Growth was driven by an expanded domain name base and strong new registrations. Segment breakdown was not provided.
Profitability
Net income totaled $215 million, up 8.0% from $199 million a year ago, yielding diluted EPS of $2.34 (up 11.4% YoY). Operating income rose 8.3% to $294 million.
Margins
Operating margin improved to 68.5% (from ~67.6% in Q1 2025), driven by revenue growth outpacing operating expense increases. Operating expenses were $135 million, up from $131 million a year ago.
Balance Sheet
Cash, cash equivalents, and marketable securities stood at $556 million at quarter-end. Free cash flow was $265 million. VeriSign repurchased 0.9 million shares for $214 million and announced a $0.81 quarterly dividend.
Key Risks
Management flagged that AI tools can also reveal vulnerabilities, heightening security needs. Renewal rates could be impacted by a higher share of first-time renewals in H2 2026. The .com price increase (to $10.97) is dependent on registrar pricing decisions.
Outlook
VeriSign raised its full-year 2026 domain base growth guidance to 3.1%–4.3%. Revenue guidance was set at $1.730B–$1.745B, with operating income expected between $1.170B and $1.185B.
Generated by AI · Q1 2026 results · Not investment advice
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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