Increase in Domain Name Base
The domain name base for .com and .net totaled 171.9 million domain names, up 1.4% year-over-year, with 10.6 million new registrations.
Revenue and EPS Growth
Revenue increased by 7.3% year-over-year to $419 million, and EPS grew by 9.7% year-over-year.
Strong Shareholder Returns
Returned $72 million through dividends and $215 million through share repurchases, totaling $287 million returned to shareholders.
Improved Renewal Rates
The renewal rate for the third quarter of 2025 is expected to be 75.3%, up from 72.2% a year ago.
Positive Cash Flow and Liquidity Position
Operating cash flow was $308 million and free cash flow was $303 million. Cash, cash equivalents, and marketable securities totaled $618 million.
AI as a Growth Driver
AI is positively impacting domain name registrations and DNS resolution services, with infrastructure processing over 450 billion DNS transactions per day.