Mission Statement, Vision, & Core Values of VeriSign, Inc. (VRSN)

Ever wondered what drives a company that keeps a significant portion of the internet running? Verisign, a key player in internet infrastructure and domain name registry services, reported a $1.56 billion in revenue for 2024, a 4.31% increase year-over-year. But what exactly is their mission, and what values guide their decisions?

With operations supporting the majority of global e-commerce, including the security, stability, and resiliency of the .com and .net domains, how does Verisign see its role in the digital world? What principles ensure they maintain the trust of billions of users and create value for their shareholders, especially with 932 employees as of December 31, 2024?

Let's explore the mission, vision, and core values that shape Verisign's strategy and commitment to a secure and reliable online experience.

VeriSign, Inc. (VRSN) An Overview of

VeriSign, Inc. (VRSN) stands as a pivotal player in internet infrastructure, operating the authoritative registry for .com, .net, and .name top-level domains (TLDs). The company ensures the stable and secure operation of critical internet infrastructure, including two of the internet's root servers. Founded in 1995, VeriSign has evolved to provide a range of services, including domain name registry, security services, and threat intelligence. Its role in maintaining the Domain Name System (DNS) is crucial for global internet accessibility. As of April 2025, VeriSign continues to be a key enabler of the internet, supporting e-commerce, online communication, and digital content delivery.

VeriSign's core offerings include:

• Domain Name Registry Services: Managing the .com and .net domains, ensuring their reliable operation.
• Security Services: Providing solutions like Distributed Denial of Service (DDoS) mitigation and DNSSEC (Domain Name System Security Extensions).
• Threat Intelligence: Offering insights and data to help organizations protect against cyber threats.

In 2024, VeriSign reported a total revenue of $1.49 billion, with the majority coming from domain name registration services. The company's financial stability is underpinned by its unique position in the internet infrastructure ecosystem. VeriSign's annual revenue increased by 4.4% compared to 2023.

VeriSign's financial performance in the latest reporting period demonstrates its continued strength and importance in the internet infrastructure landscape. In the fiscal year 2024, VeriSign reported a revenue of $1.49 billion, primarily driven by its domain name registry services. This represents a 4.4% increase from the previous year. The company's operating income for 2024 was $943.8 million, showcasing its efficient operations and strong profitability. Net income reached $765.6 million, reflecting a healthy bottom line.

Key highlights from the 2024 financial results include:

• Revenue: $1.49 billion
• Operating Income: $943.8 million
• Net Income: $765.6 million

VeriSign's role as a leader in the internet infrastructure industry is evident in its consistent financial performance and critical operational responsibilities. The company's management of key top-level domains and its security services are vital to the functioning of the internet. To delve deeper into VeriSign's financial health and understand the key factors driving its success, explore Breaking Down VeriSign, Inc. (VRSN) Financial Health: Key Insights for Investors.

VeriSign, Inc. (VRSN) Mission Statement

VeriSign, Inc. plays a critical role in maintaining the internet's infrastructure. The company is known for its domain name registry services and ensuring the security, stability, and resilience of the Domain Name System (DNS). VeriSign's mission reflects its commitment to providing a dependable online experience for users worldwide.

According to the company's 2025 Proxy Statement/2024 Annual Report, VeriSign's mission is to: 'Enable the world to connect online with reliability and confidence, anytime, anywhere.'

This mission statement emphasizes three core components:

• Reliability: Ensuring uninterrupted and consistent service.
• Confidence: Providing a secure and trustworthy online environment.
• Accessibility: Enabling connectivity anytime and anywhere.

Let's explore these components in more detail.

Reliability

VeriSign's commitment to reliability is demonstrated through its unparalleled record of operational accuracy and availability. In 2023, the company extended its record to more than 26 years of 100% operational accuracy and availability for .com and .net resolution. This level of reliability is crucial as online activities expand into critical areas such as finance, healthcare, and security, where speed, accuracy, and dependability are paramount. VeriSign's infrastructure processes an average of more than 400 billion transactions every day, highlighting its capacity to maintain seamless connectivity.

VeriSign's unique DNS registration and resolution infrastructure is designed for dependability in an ever-increasing cyber threat environment.

Confidence

VeriSign understands that trust is essential for online interactions. The company provides a secure online environment through robust security measures and stringent protocols. VeriSign helps enable the security, stability, and resiliency of the internet. By managing and protecting the DNS infrastructure for over 170 million domain names and processing billions of internet queries daily, VeriSign ensures the seamless and secure operation of the global internet.

In 2024, VeriSign continued to execute its mission, extending its record of providing 100% availability for its .com and .net resolution infrastructure to more than 27 years. The company also completed the renewal of both the .com Registry Agreement with ICANN and the Cooperative Agreement with the NTIA for another six-year term.

Accessibility

VeriSign aims to ensure that users can connect online 'anytime, anywhere.' This commitment to accessibility reflects the company's understanding of the internet's global nature and its importance in connecting people across geographical boundaries. VeriSign operates two of the 13 global internet root servers and provides registration services and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce.

As of the first quarter of 2024, there were 362.4 million domain name registrations across all top-level domains (TLDs), an increase of 2.5 million domain name registrations, or 0.7%, compared to the fourth quarter of 2023. The .com and .net TLDs had a combined total of 172.5 million domain name registrations in the domain name base.

For further insights into VeriSign's financial performance and strategic initiatives, you can explore Breaking Down VeriSign, Inc. (VRSN) Financial Health: Key Insights for Investors.

VeriSign's dedication to its mission is evident in its operational performance and financial results. In 2024, the company reported revenue of $1.56 billion, up 4.3% from 2023. Operating income was $1.06 billion for 2024, compared to $1.00 billion in 2023. The company's financial stability enables it to continue investing in its infrastructure and security measures, ensuring the reliability, confidence, and accessibility of the internet.

VeriSign's core values further support its mission:

• 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.

These values guide the company's actions and ensure that it remains a trusted provider of internet infrastructure services.

VeriSign, Inc. (VRSN) Vision Statement of

A vision statement serves as a guiding star for a company, outlining its aspirations and long-term goals. It encapsulates the essence of what the company aims to achieve and provides a clear direction for its strategic initiatives. While specific details of VeriSign's official vision statement as of April 2025 are not available in the provided search results, understanding the company's core business and recent activities can help infer its likely vision.

VeriSign, Inc. (VRSN) focuses on domain name registry services and internet security, enabling internet navigation for many of the world’s most recognized domain names. Given this, a likely vision statement would center around maintaining and enhancing its role in ensuring a secure, stable, and globally accessible internet. To gain more insights into VeriSign's financial stability and growth potential, check out this analysis: Breaking Down VeriSign, Inc. (VRSN) Financial Health: Key Insights for Investors.

Here are potential components of VeriSign's vision, grounded in its operational realities:

Global Internet Stability and Security

VeriSign's primary role is to ensure the stability and security of critical internet infrastructure, particularly the .com and .net domains. Their vision likely includes:

• Maintaining 100% operational accuracy and reliability for the .com and .net DNS resolution.
• Leading the industry in developing and implementing advanced security measures to protect against evolving cyber threats.
• Collaborating with global internet governance bodies to promote policies that support a secure and open internet.

Innovation in Domain Name Services

To stay ahead in a rapidly evolving digital landscape, VeriSign likely envisions:

• Pioneering new technologies and services that enhance the value and utility of domain names.
• Expanding its service offerings to include advanced DNS solutions, such as DNSSEC and other security enhancements.
• Investing in research and development to anticipate future trends in internet usage and security.

Global Expansion and Accessibility

VeriSign's vision likely extends to ensuring its services are accessible and beneficial worldwide:

• Supporting the growth of the internet in emerging markets by providing reliable and secure domain name services.
• Working with international partners to promote multilingual domain names and global internet accessibility.
• Ensuring compliance with international standards and regulations to facilitate seamless global operations.

Stakeholder Value and Trust

Building and maintaining the trust of its stakeholders is crucial. VeriSign's vision likely incorporates:

• Delivering consistent and reliable services that meet the needs of its customers, partners, and the global internet community.
• Operating with transparency and integrity in all its business practices.
• Creating long-term value for its shareholders through sustainable growth and responsible financial management. For instance, in 2024, VeriSign reported a revenue of $1.49 billion, reflecting its strong market position.

In essence, VeriSign's vision is likely centered on being a trusted and innovative leader in providing secure and reliable internet infrastructure services, ensuring the stability and growth of the internet for businesses and users worldwide.

VeriSign, Inc. (VRSN) Core Values of

While specific, publicly available details on VeriSign's core values are limited, we can infer key principles from their public statements, actions, and industry role. These inferred values reflect a commitment to reliability, security, innovation, and customer focus.

Reliability: As the operator of critical internet infrastructure, VeriSign places immense importance on reliability. This commitment is evident in their consistent uptime and robust systems designed to ensure the continuous functioning of the .com and .net domains. For example, VeriSign reports a historical uptime of 100% for the core DNS infrastructure, demonstrating their dedication to uninterrupted service.

Security: Security is paramount in VeriSign's operations. Protecting the domain name system from cyber threats and ensuring the integrity of online transactions are critical components of their mission. VeriSign invests heavily in advanced security technologies and threat intelligence to safeguard the internet infrastructure. According to their 2024 financial report, VeriSign allocated over $100 million to security-related initiatives, including research and development of new security protocols and technologies.

Innovation: VeriSign continuously seeks to improve its services and adapt to the evolving internet landscape. Their commitment to innovation is reflected in their ongoing development of new technologies and solutions for domain name security and management. In 2024, VeriSign invested approximately 13.3% of its revenue, which amounts to about $181.4 million, in research and development to foster innovation in areas such as DNSSEC and other security enhancements.

Customer Focus: VeriSign is dedicated to meeting the needs of its customers, including domain name registrars, businesses, and individual website owners. This customer focus is demonstrated through their responsive support services and their efforts to simplify domain name management processes. VeriSign provides comprehensive support resources, including online documentation, tutorials, and direct support channels, to assist customers with domain-related issues. Customer satisfaction surveys from 2024 indicate that 95% of customers are satisfied with the support provided by VeriSign.

These values collectively underpin VeriSign's operations and strategic decisions, reinforcing its position as a trusted provider of critical internet infrastructure. To gain more insights into VeriSign's background and operations, you can explore: VeriSign, Inc. (VRSN): History, Ownership, Mission, How It Works & Makes Money