VeriSign announces price increase.
VeriSign (NASDAQ: VRSN) announced today that it is raising wholesale prices of .com domain names.
Effective November 1, the price will increase 7% from $10.26 to $10.97 per year.
Verisign last raised prices in September 2024.
Per its contract with the National Telecommunications and Information Administration and ICANN, it may raise prices by up to 7% in each of the last four years of its six-year contract periods.
The third contract year begins on October 26. If Verisign elects to raise prices 7% per year, the price will increase to $13.42 by the end of this contract cycle.
The price increases will pad Verisign’s already healthy bottom line. For 2025, Verisign’s gross margin was 88%, and its operating margin was 68%. Those are among the highest in the S&P 500.
Consumers can get ahead of the price increase by renewing domain names before the new prices kick in.
Unbelievable
The cult leader needs his cut.
more and more
Honestly, you can’t even blame them. Verisign has a legal monopoly and a contract that just hands them free price hikes. It’s just how the system works for now and whining about it doesnt help either. The only real play here is to renew your current domains for 10 years today and dodge the price hikes.