ICANN - Internet Corporation for Assigned Names and Numbers
ICANN - Internet Corporation for Assigned Names and Numbers
10/20/2025 | Press release | Distributed by Public on 10/20/2025 11:06
ICANN Publishes FY25 Annual Report and Audited Financial Statements
Today, the Internet Corporation for Assigned Names and Numbers (ICANN) published its Annual Report for Fiscal Year 2025 (FY25) and audited consolidated financial statements. ICANN also published the FY25 audited financial statements for its affiliate Public Technical Identifiers (PTI). ICANN's fiscal year ends on 30 June.
The FY25 Annual Report describes ICANN's progress toward its Bylaws obligations and Strategic Plan objectives. The ICANN Bylaws direct that the Annual Report and audited financials must be published no later than 120 days after the end of the fiscal year. ICANN is pleased to share these results ahead of the 28 October deadline.
The Annual Report also includes two required annual updates, the Transparency Report and the Annual Review Implementation Report on the state of ICANN's accountability and transparency reviews.
The ICANN and PTI Bylaws each require the annual publication of audited financial statements. The FY25 audited financial statements are each accompanied by an unmodified opinion from the independent audit firm Baker Tilly, indicating that each audit did not identify any issues.
- Read the ICANN FY25 Audited Consolidated Financial Statements.
- Read the PTI FY25 Audited Financial Statements.
FY25 Financial Highlights
ICANN's funding increased compared to the prior year, while ICANN's operational expenses decreased, driven by cost-saving measures implemented to ensure a sustainable run-rate of expenses. This included lower personnel and public meeting expenses, and strategic changes to third-party costs. ICANN's staffing levels remained flat during FY25, beginning with 451 full-time employees and ending with 449.
Funds Under Management, which includes all cash on hand and investments, totaled $535 million at the end of FY25, an increase of $17 million since the beginning of the fiscal year. This increase was driven by investment gains and operating excess and partially offset by New Generic Top-Level Domains Program expenses.
Additional Reporting
ICANN publishes annual and quarterly financial reports as part of its commitment to financial accountability and transparency. These reports are now available:
- ICANN FY25 Q4 Management Financials
- PTI FY25 Q4 Management Financials
- FY25 Country Code Top-Level Domain Contributions
- ICANN Funding by Source
- ICANN Board Expenses Report
About ICANN
ICANN's mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address - a name or a number - into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world.
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ICANN - Internet Corporation for Assigned Names and Numbers published this content on October 20, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 20, 2025 at 17:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]