Record Domain Name Base Growth
The domain name base for .com and .net totaled 170.5 million domain names, up 660,000 from the previous quarter. New registrations for the second quarter were 10.4 million, an increase from 10.1 million the previous quarter.
Increased Renewal Rates
The renewal rate for the second quarter of 2025 is expected to be 75.5%, up from 72.7% a year ago, indicating improved customer retention.
Strong Financial Performance
Revenue for the quarter was $410 million, a 5.9% increase from the same quarter a year ago. Net income for the second quarter was $207 million compared to $199 million both last quarter and a year ago.
Significant Shareholder Returns
During the second quarter, $235 million was returned to shareholders, including $72 million through dividend payments and $163 million through share repurchases. The share repurchase program was increased by $913 million, totaling $1.5 billion available.