Verisign, Inc. is a global provider of critical internet infrastructure and domain name registry services. It enables internet navigation by providing Root Zone Maintainer services, operating two of the thirteen global internet root servers, and providing registration services and authoritative resolution for the .com and .net top-level domains. These services support the majority of global e-commerce. The company helps enable the security, stability, and resiliency of the Domain Name System (DNS) and the internet. Verisign's primary revenue streams are derived from domain name registrations and renewals. The company's market position is a key player in the internet infrastructure space, supporting a large portion of global e-commerce. They have a global presence with a focus on the U.S. and international markets. The competitive landscape includes other gTLD and ccTLD registries, as well as social media and e-commerce platforms that compete for online presence.

• Employees: 908 (as of December 31, 2023)
• Geographic Footprint: Global, with operations in the U.S., Europe, Middle East and Africa, China, and other countries.
• Headquarters: Reston, Virginia
• Founded: April 12, 1995
• Number of locations/facilities: Multiple secure data centers in Dulles, Virginia; Ashburn, Virginia; and New Castle, Delaware; and more than 200 other points of presence around the world.
• Revenue: $1.493 billion (FY2023)
• Market Capitalization: $19.71 billion (as of February 14, 2024)
• Key Subsidiaries/Brands: Verisign (primary brand)

• CEO: D. James Bidzos
• President and COO: Todd B. Strubbe
• CFO: George E. Kilguss, III
• Executive Vice President, Engineering, Operations and Chief Security Officer: Danny R. McPherson
• Executive Vice President, General Counsel and Secretary: Thomas C. Indelicarto

D. James Bidzos has served as Executive Chairman since August 2009 and Chief Executive Officer since August 2011. Todd B. Strubbe has served as Chief Operating Officer since April 2015 and President since February 2020. George E. Kilguss, III has served as Chief Financial Officer since May 2012. Danny R. McPherson has served as Executive Vice President, Engineering, Operations, and Chief Security Officer since April 2022. Thomas C. Indelicarto has served as General Counsel and Secretary since November 2014.

• Annual Revenue: $1.493 billion (FY2023)
• Net Income: $817.6 million (FY2023)
• Market Cap: $19.71 billion (as of February 14, 2024)
• Total Assets: $1.749 billion (as of December 31, 2023)
• Number of Employees: 908 (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 5% year-over-year; operating income increased by 6% year-over-year.

Verisign operates the authoritative directory for .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 (internationalized generic top-level domains, “IDN gTLDs”). They also operate the authoritative directory for all .cc domain names (country code top-level domain, or “ccTLD”). They operate the technical or back-end systems for .edu and certain other gTLDs.

• .com and .net TLDs: Registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce.
• Root Zone Maintainer Services: Operating two of the thirteen global internet root servers.
• Other TLDs and ccTLDs: Operating the authoritative directory for .name, certain transliterations of .com and .net, and .cc domain names and providing technical or back-end services for .edu and certain other gTLDs.

Verisign operates in one reportable segment, which encompasses domain name registry services and internet infrastructure. The company's revenues are primarily derived from the operation of the .com and .net gTLDs.

Verisign's current strategic priorities include maintaining and enhancing its current technologies and services, developing new ones, and ensuring the security, stability, and resiliency of its services. The company actively investigates and incubates new concepts and evaluates new business ideas through its innovation pipeline. They expect that most future enhancements and new services will be the result of internal development efforts in collaboration with suppliers, other vendors, customers, and the technology community. Verisign also seeks to expand its business through focused marketing campaigns and programs that target growth in .com, .net and .cc domain names. The company is focused on attracting, developing, and retaining top talent and creating a diverse, equitable, and inclusive work environment.

• Key strategic initiatives: Maintaining and enhancing current technologies and services, developing new services, ensuring security, stability, and resiliency, and expanding business through targeted marketing.
• Growth drivers: Continued growth in online advertising, e-commerce, and the number of internet users.
• Investment priorities: Research and development, and enhancing infrastructure and capabilities.

Verisign operates primarily in the domain name registry industry. Key market trends affecting the business include the evolution of technologies and internet practices, the adoption of substitute technologies, and changes in the motivation of domain name registrants. The company faces competition from other gTLD and ccTLD registries, social media networks, e-commerce platforms, and providers of web and mobile applications. Market share information is not explicitly provided, but Verisign is a major player in the .com and .net TLDs.

• Primary Industry: Domain Name Registry Services
• Key Competitors: China Internet Network Information Center (CNNIC), DENIC eG, Nominet, Identity Digital, Public Interest Registry (PIR), CentralNic, Google, .xyz, GoDaddy, and Radix.
• Market Trends: Evolution of online presence technologies, growth of social media and e-commerce, and changes in internet user behavior.

• Cybersecurity and Technology Risks: Attempted security breaches, cyber-attacks, and DDoS attacks could increase costs, expose the company to liability, and harm its reputation. Security vulnerabilities in systems and vendors' systems pose a material risk.
• Operational Risks: System interruptions or failures from activities beyond the company's control, including natural disasters, could materially harm the business. Data center vulnerabilities and failures could impede the ability to provide services.
• Contractual, Regulatory, Legal, and Compliance Risks: Loss or modification of the right to operate the .com and .net gTLDs could have a material adverse impact. Changes to pricing provisions could also negatively affect the business. Government regulation and application of new and existing laws could slow business growth and increase costs.
• Economic and Competition Risks: Deterioration of economic conditions, particularly in China, continues to negatively impact the business. The business environment is highly competitive, and failure to compete effectively could lead to lower demand, reduced gross margins, and loss of market share.