VeriSign, Inc.

“We are a global provider of critical internet infrastructure and domain name registry services, enabling internet navigation for many of the world’s most recognized domain names.”

“The Company has one reportable segment that includes all the operations of the business.”

“Individual customers, called registrants, contract directly with registrars or their resellers, and the registrars, who are our direct customers”

“We also offer promotional incentive-based discount programs to registrars based upon market conditions and the business environment in which the registrars operate.”

“We operate the authoritative directory, for all .com, .net, and .name domain names (generic top-level domains, “gTLDs”), as well as for certain transliterations of .com and .net in a number of different native languages and scripts”

“For .com domain name registrations, we pay ICANN on a quarterly basis $0.2575 for each annual domain name registration.”

“U.S$1,093.1 $1,035.5 $994.7 EMEA279.4 249.6 228.2 APAC 184.6 175.7 174.8 Other99.5 96.6 95.4”

“Revenues$1,656.6 $1,557.4 $1,493.1”

“As of December 31, 2025, we held foreign currency forward contracts in notional amounts totaling $67.7 million to mitigate the impact of exchange rate fluctuations associated with certain foreign currencies.”

“Our main operations infrastructure consists of secure data centers in Dulles, Virginia; Ashburn, Virginia; and New Castle, Delaware; as well as more than 200 other points of presence around the world.”

“We use externally-developed technology, systems, and services, including both hardware and software, for a variety of purposes, including compute, storage, encryption and authentication, back-office support, and other functions.”

“We face competition from services that provide an online identity or presence, including other gTLDs and ccTLDs.”

“The number of domain names registered is largely driven by continued growth in online advertising, e-commerce, and the number of internet users, which is partially driven by greater availability of internet access, as well as marketing activities carried out by us and our registrars.”

“We seek to serve new, developing, and emerging economies in international locations to grow our business.”

“Also to remain competitive, we have undertaken important initiatives such as our efforts to acquire the .web gTLD”

“the rapid increase in demand for compute and network hardware, including servers, chips, memory and other technology, caused by new demand from AI companies, is increasing our costs for some of these goods and could increase our capital and operating costs.”

“Senior notes due 2027 July 5, 2017July 15, 20274.75 %550.0 550.0 Senior notes due 2031 June 8, 2021June 15, 20312.70 %750.0 750.0 Senior notes due 2032March 11, 2025June 1, 20325.25 %500.0 —”

“On December 6, 2023, the Company entered into a credit agreement for a $200.0 million committed unsecured revolving credit facility”

“We recorded revenues of $1,656.6 million in 2025, which represents an increase of 6% as compared to 2024.”

“As of December 31, 2025, we had 173.5 million .com and .net registrations in the domain name base.”

“We repurchased 3.4 million shares of our common stock for an aggregate cost of $858.6 million in 2025. As of December 31, 2025, there was $1.08 billion remaining for future share repurchases under the share repurchase program.”

“The Company initiated a quarterly cash dividend in April 2025.”

“As of December 31, 2025, we had $318.4 million of fixed income securities, which consisted of U.S. Treasury bills with maturities of less than one year.”

“We operate the .com, .net, and .name gTLDs and the IDN gTLDs under registry agreements with ICANN and also, with respect to the .com gTLD, a Cooperative Agreement with the U.S. Department of Commerce (“DOC”).”

“In November 2024, we renewed the .com Registry Agreement with ICANN, pursuant to which we will remain the sole registry operator for the .com registry through November 30, 2030.”

“recent advances in AI-based tools have made, and will continue to make, cyber-attacks more sophisticated, harder to defend, and easier and faster to launch.”

“demand for our services substantially declined in China during 2023 and 2024 as a result of various factors including Chinese regulatory mandates that made it more difficult to register a domain name or establish an online presence using a domain name.”

“Technologies relating to online presence, including social media, AI, mobile devices, apps, and search engines, have evolved and continue to evolve, changing the internet practices and behaviors of consumers and businesses.”

“Factors such as inflation, interest rates, currency fluctuations, trade barriers, tariffs, war, civil unrest, and other political and economic developments and their impact on global economic conditions have in the past and may in the future negatively impact our business.”