On this page of StockholderLetter.com we present the latest annual shareholder letter from VERISIGN INC/CA — ticker symbol VRSN. Reading current and past VRSN letters to shareholders can bring important insights into the investment thesis.
2025 PROXY STATEMENT 2024 ANNUAL REPORT
DEAR VERISIGN STOC HO DERS OUR MISSION Enable the world to connect online with reliability and confidence, anytime, anywhere OUR VALUES We are stewards of the internet and our Company We are passionate about technology and continuous improvement We respect others and exhibit integrity in our actions We take responsibility for our actions and hold ourselves to a higher standard In 2024 we executed on our mission, extending our record of providing 100% availability for our .com and .net resolution infrastructure to more than 27 years. As a result, we delivered solid financial results and completed the renewal of both the .com Registry Agreement with ICANN and the Cooperative Agreement with the NTIA for another six-year term. Revenues grew to $1.56 billion, up 4.3% year over year and the fourteenth consecutive year of revenue and operating income growth since divesting non-core assets. We repurchased 6.6 million shares, returning $1.2 billion to our stockholders. Our balance sheet remained strong, with year-end cash, cash equivalents and marketable securities at $600 million. Throughout 2024 we continued to execute on our mission of internet stewardship with unwavering precision. We carry out this mission while protecting, evolving, and strengthening the critical infrastructure we operate, a purpose-built internet infrastructure network that processes an average of more than 400 billion transactions every day. In April of 2025 the Company will celebrate 30 years since its incorporation. As we look to 2025 and beyond, we will continue to focus on and be driven by our mission of enabling the world to connect online with reliability and confidence, anytime, anywhere. Thank you for your support. Jim Bidzos Chairman of the Board of Directors, Executive Chairman, President and Chief Executive Officer April 2025
2025 VERISIGN PROXY STATEMENT
VERISIGN PROXY STATEMENT 2025 (This page intentionally left blank)
 • shareholder letter icon 4/11/2025 Letter Continued (Full PDF)
 • stockholder letter icon 4/11/2023 VRSN Stockholder Letter
 • stockholder letter icon 4/10/2024 VRSN Stockholder Letter
 • stockholder letter icon More "Information Technology Services" Category Stockholder Letters
 • Benford's Law Stocks icon VRSN Benford's Law Stock Score = 74


VRSN Shareholder/Stockholder Letter Transcript:

2025
PROXY
STATEMENT
2024
ANNUAL
REPORT

DEAR VERISIGN STOC  HO  DERS  
OUR MISSION
Enable the world to connect online with reliability and
confidence, anytime, anywhere
OUR VALUES
    We are stewards of the internet and our Company
    We are passionate about technology and continuous
improvement
    We respect others and exhibit integrity in our actions
    We take responsibility for our actions and hold ourselves
to a higher standard
In 2024 we executed on our mission, extending our record of providing 100% availability for our .com and .net
resolution infrastructure to more than 27 years. As a result, we delivered solid financial results and completed
the renewal of both the .com Registry Agreement with ICANN and the Cooperative Agreement with the NTIA
for another six-year term.
Revenues grew to $1.56 billion, up 4.3% year over year and the fourteenth consecutive year of revenue and
operating income growth since divesting non-core assets. We repurchased 6.6 million shares, returning $1.2
billion to our stockholders. Our balance sheet remained strong, with year-end cash, cash equivalents and
marketable securities at $600 million.
Throughout 2024 we continued to execute on our mission of internet stewardship with unwavering precision.
We carry out this mission while protecting, evolving, and strengthening the critical infrastructure we operate,
a purpose-built internet infrastructure network that processes an average of more than 400 billion transactions
every day.
In April of 2025 the Company will celebrate 30 years since its incorporation. As we look to 2025 and beyond,
we will continue to focus on and be driven by our mission of enabling the world to connect online with reliability
and confidence, anytime, anywhere.
Thank you for your support.
Jim Bidzos
Chairman of the Board of Directors,
Executive Chairman,
President and Chief Executive Officer
April 2025


2025
VERISIGN PROXY STATEMENT



VERISIGN PROXY STATEMENT
2025
(This page intentionally left blank)



shareholder letter icon 4/11/2025 Letter Continued (Full PDF)
 

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