Reglikedomain industry desk

Verisign discloses .com price hike to $10.26

Verisign discloses .com price hike to $10.26

.Com domains will cost $10.26 plus markup beginning in September.

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Verisign (NASDAQ: VRSN) today disclosed that it is raising the wholesale price of .com domain names on September 1, 2024.

The registry right now charges registrars $9.59 per year for .com registrations. That will increase to $10.26.

Verisign is allowed to increase prices by 7% in each of the last four years of its six-year contract renewal. This year marks the final of those four years for the current contract. So, unless the U.S. government intervenes, the price ought to be fixed at $10.26 for the next couple of years.

Current registrants of .com domain names can avoid the price increase by renewing their domains in advance for up to ten years at today’s prices.

Verisign disclosed the hike in conjunction with its 2023 earnings results. The firm noted revenue of $1.49 billion for 2023. While the number of domains under management fell over the course of the year, a 7% price increase instituted in September 2023 helped nudge revenue up 4.8% year over year.

Also on the wire

Other reporting from the domain desk.