VeriSign, Inc. (VRSN) Stock

VeriSign, Inc. (VRSN) is a Technology stock trading at $269.97 (as of 2026-07-09), with a market capitalization of $24.57B and a trailing P/E of 29.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

VeriSign, Inc. and its subsidiaries provide domain name registry and internet infrastructure services, including operating root zone-related functions and authoritative domain services for recognized domain names. Its offerings support internet navigation through services such as registration and authoritative resolution, serving customers and organizations involved in global domain name management.

Understand VeriSign, Inc.: how it makes money

VeriSign runs domain registry and internet infrastructure services, including authoritative resolution and related backend systems for domains such as .com and .net (and others), and it earns money through registration and resolution services used by registrars and the broader internet ecosystem.

Profit is structurally driven by recurring domain renewals on a large installed base, with the key operational lever being the renewal rate for .com and .net (supported by the size and net growth of the domain base).

Revenue by segment (latest quarter)
ComNet ex-Chn	$0.3B
China registrars	$0.0B
.TV	$0.0B

Business quality (Solid): Good clarity on the operational drivers (renewal rates and domain base net adds), but segment breakdown is limited to a few revenue groupings provided in the inputs, so full official segment structure is not fully evidenced here.

Valuation: Trades at 28× trailing earnings · $23B market cap.

Bull case

Renewals are a core strength: Renewal rate (final) (.com and .net) is 73.8 percent, and the company’s operating model centers on keeping domains active over time.
Large and growing installed base: Domain name base net adds (.com and .net) are 770000.0, indicating continued net growth in the domains it supports.
Critical internet infrastructure role: VeriSign provides root zone maintainer services and operates two of the 13 internet root servers, supporting security and stability of internet navigation.

Bear case

Revenue sensitivity to renewal performance: Because renewal rate is the key metric provided (Renewal rate (final) (.com and .net) is 73.8 percent), any deterioration in renewals could pressure future results.
Concentration by registrar geography is uneven: Revenue from registrars outside China is 0.35B, while revenue from China-based registrars is 0.02B, so regional mix shifts could matter.
Some domain lines are small: The provided revenue portion for .TV is 0.01B, suggesting limited diversification across domain extensions based on the inputs.

Valuation — source: SEC EDGAR (first-party)
Price	$269.97
Market Cap	$24.57B
P/E Ratio	29.2
EV / EBITDA	20.5
Price / Sales	14.60
FCF Yield	7.4%
DCF Value (model)	$253.01
DCF Upside vs Price	-6.3%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.66B
Net Margin	49.8%
Revenue Growth (YoY)	6.6%
FCF Growth (YoY)	-7.1%

Financial Health — source: SEC EDGAR
Altman Z-Score	-4.74 (distress)

Valuation vs Sector & Industry
Stock P/E	29.2
Sector P/E (Technology)	33.6
Industry P/E (Business Services)	28.1
vs Sector	-13.1%
vs Industry	4.1%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($2.76B)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Technology
Industry	Business Services
CEO	D. James Bidzos
Employees	929
Country	US
IPO Date	1998-01-30

Related Companies (Business model: SaaS / Subscription Software (Enterprise); 8 closest by market cap; US-domiciled)

Data as of 2026-07-09.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.