2017-11-21Colossus (Invest Like the Best / Business Breakdowns)BullConnor Leonard - Capital Light Compounders & Reinvestment Moats - [Invest Like the Best, EP.64]Detail →
Links open the original SEC EDGAR filing. Covers tracked managers only.
Earnings Callsⓘ
Q1 2026April 23, 2026
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This quarter beat expectations, primarily due to record highs in the domain name base, strong new registrations, and improved renewal rates.
Key data: Revenue $429M (+6.6% YoY), diluted EPS $2.34 (+11.4% YoY), .com/.net domain name base 176.1 million (record high).
Business progress: The CEO emphasized "100% service availability" extending a 29-year record, with infrastructure handling over 600 billion DNS queries per day (average 7 million queries per second). Management showcased AI tools driving domain name demand, while also announcing that the .com wholesale price will rise to $10.97 effective November 1 (first price increase since February 2024). Additionally, plans were announced to launch enhanced security services through a blog series, but there was no commitment to participate in ICANN's new gTLD round.
Guidance and outlook: Raised FY2026 revenue guidance to $1.73-1.745 billion, domain growth expectations raised to 3.1%-4.3%.
Risk/highlight signals: Positive — renewal rate of 76.3% improved YoY, management confident in AI and marketing plans; Watch points — first-year renewal rate remains in the "mid-40% range", and cautious stance on new gTLD participation.