VeriSign, Inc. (VRSN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining me on this earnings call. Financial results in our earnings release are unaudited and our remarks include forward-looking statements that are subject to the risks and uncertainties that we discuss in detail in our documents filed with the SEC, specifically the most recent reports on Form 10-K and 10-Q. Verisign does not plan to update financial performance or guidance during the quarter. Thanks, David. Good afternoon to everyone and thank you for joining us. Last week, we marked 29 years of delivering 100% availability for the .com and .net domain name resolution system, an unprecedented achievement that speaks to the robustness of the high assurance critical infrastructure we operate. Alongside that technical milestone, we're also pleased to report that VeriSign delivered strong results in the second quarter of 2026, both operationally and financially. The combined .com and .net domain name base is now at 179.1 million names, Thank you for joining us. Effective today, the Board of Directors has increased the amount authorized for share repurchases of VeriSign common stock by $884 million for a total of $1.5 billion available under the current share repurchase program, which has no expiration. As announced in today's earnings release, VeriSign's Board of Directors approved a cash dividend of $0.81 per share of VeriSign's outstanding common stock, to shareholders of record as of the close of business on August 19, 2026, payable on August 27, 2026. VeriSign intends to continue to pay a cash dividend on a quarterly basis. VeriSign's performance in the second quarter shows continued robust demand for domain names. During the quarter, the domain name base for .com and .net grew $3.05 million from the prior quarter end. New registrations for the secon...