Namecheap's current .com renewal price of $14.58 is broken down as: $0.18 ICANN fee $8.97 Verisign's current registry fee $5.43 Namecheap's markup Namecheap's new .com renewal price of $15.88 will be broken down as: $0.18 ICANN fee (no change) $9.59 Verisign's new registry fee (7% increase) $6.11 Namecheap's new markup (13% increase) So the price increase is not entirely "out of [Namecheap's] control". They are also…
$9.73 renewals at Porkbun. https://porkbun.com/tld/com
Even if they have a tiny margin on the domain costs, that means that they are probably a loss-making business. So they plan to just sell to Google, Amazon or Microsoft in the future, and we don't yet know which one of those it's going to be?
Even if they had a small margin, does that mean that there's poor quality support, despite domains being mission-critical to businesses?