$GDDY

GoDaddy Inc.

CIK:0001609711|SEC Filings

Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Millions

3 Months Ended

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Jun. 30, 2026

Jun. 30, 2025

Revenue:

Total revenue

$ 1,298.0

$ 1,217.6

$ 2,564.9

$ 2,411.9

Costs and operating expenses

Cost of revenue (excluding depreciation and amortization)

^[1]

469.8

442.3

928.9

882.8

Technology and development

^[1]

211.4

214.3

424.6

419.6

Marketing and advertising

^[1]

89.0

93.4

181.3

193.5

Customer care

^[1]

72.8

73.5

147.2

144.6

General and administrative

^[1]

90.5

96.9

181.5

194.0

Restructuring and other

^[1]

8.7

0.3

10.9

2.4

Depreciation and amortization

^[1]

13.3

30.6

37.5

61.4

Total costs and operating expenses

^[1]

955.5

951.3

1,911.9

1,898.3

Operating income

342.5

266.3

653.0

513.6

Interest expense

(37.4)

(38.3)

(75.2)

(75.5)

Other income (expense), net

11.9

11.1

21.1

21.0

Income before income taxes

317.0

239.1

598.9

459.1

Provision for income taxes

(76.9)

(39.2)

(144.2)

(39.7)

Net income

$ 240.1

$ 199.9

$ 454.7

$ 419.4

Net income per share of Class A common stock:

Basic (in dollars per share)

$ 1.84

$ 1.44

$ 3.44

$ 2.99

Diluted (in dollars per share)

$ 1.83

$ 1.41

$ 3.43

$ 2.92

Weighted-average shares of Class A common stock outstanding:

Basic (in shares)

130,764

138,734

132,187

140,200

Diluted (in shares)

130,994

141,408

132,766

143,387

Applications and Commerce

Revenue:

Total revenue

$ 514.8

$ 463.9

$ 1,013.0

$ 910.3

Core Platform

Revenue:

Total revenue

$ 783.2

$ 753.7

$ 1,551.9

$ 1,501.6

[1]

Costs and operating expenses include equity-based compensation expense as follows:



Cost of revenue	0.4		0.3		0.7		0.6

Technology and development	36.8		43.3		75.8		84.5

Marketing and advertising	5.6		8.5		12.1		16.7

Customer care	5.2		5.7		10.1		10.8

General and administrative	22.2		23.2		46.8		48.8


Total equity-based compensation expense	$	70.2	$	81.0	$	145.5	$	161.4

Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Operating activities

Net income

$ 454.7

$ 419.4

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

^[1]

37.5

61.4

Equity-based compensation

145.5

161.4

Deferred taxes

130.8

64.7

Other

16.6

18.7

Changes in operating assets and liabilities:

Prepaid domain name registry fees

(35.3)

(43.1)

Accounts payable

55.6

(0.4)

Accrued expenses and other current liabilities

(39.9)

(34.7)

Deferred revenue

193.4

223.8

Other operating assets and liabilities

(44.9)

(86.6)

Net cash provided by operating activities

914.0

784.6

Investing activities

Purchases of property and equipment

(9.7)

(7.7)

Other investing activities

0.0

(2.3)

Net cash used in investing activities

(9.7)

(10.0)

Financing activities

Repurchases of Class A common stock

(824.4)

(792.5)

Other financing activities

(4.1)

10.8

Net cash used in financing activities

(828.5)

(781.7)

Effect of exchange rate changes on cash and cash equivalents

(1.2)

4.8

Net increase (decrease) in cash and cash equivalents

74.6

(2.3)

Cash and cash equivalents, beginning of period

1,080.9

1,089.0

Cash and cash equivalents, end of period

1,155.5

1,086.7

Cash paid during the period for:

Interest on long-term debt, including impact of interest rate swaps

68.2

69.0

Income taxes, net of refunds received

16.5

19.9

Amounts included in the measurement of operating lease liabilities

14.7

18.1

Supplemental disclosure of non-cash transactions

Share repurchases not yet settled

$ 10.0

$ 1.8

[1]

Costs and operating expenses include equity-based compensation expense as follows:



Cost of revenue	0.4		0.3		0.7		0.6

Technology and development	36.8		43.3		75.8		84.5

Marketing and advertising	5.6		8.5		12.1		16.7

Customer care	5.2		5.7		10.1		10.8

General and administrative	22.2		23.2		46.8		48.8


Total equity-based compensation expense	$	70.2	$	81.0	$	145.5	$	161.4

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 1,155.5	$ 1,080.9
Accounts and other receivables	92.9	83.1
Registry deposits	32.6	43.9
Prepaid domain name registry fees	537.1	512.2
Prepaid expenses and other current assets	154.7	120.8
Total current assets	1,972.8	1,840.9
Property and equipment, net	140.1	145.4
Operating lease assets	51.1	41.9
Prepaid domain name registry fees, net of current portion	251.3	241.2
Goodwill	3,607.7	3,633.3
Intangible assets, net	966.1	986.3
Deferred tax assets	912.6	1,052.6
Other assets	94.9	93.3
Total assets	7,996.6	8,034.9
Current liabilities:
Accounts payable	122.9	67.5
Accrued expenses and other current liabilities	455.1	528.7
Deferred revenue	2,527.9	2,384.2
Long-term debt	15.0	15.1
Total current liabilities	3,120.9	2,995.5
Deferred revenue, net of current portion	983.0	934.9
Long-term debt, net of current portion	3,759.4	3,765.2
Operating lease liabilities, net of current portion	67.0	62.0
Other long-term liabilities	59.6	62.2
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value	0.0	0.0
Class A common stock, $0.001 par value	0.1	0.1
Additional paid-in capital	3,141.3	2,975.2
Accumulated deficit	(3,175.0)	(2,789.4)
Accumulated other comprehensive income	40.3	29.2
Total stockholders' equity	6.7	215.1
Total liabilities and stockholders' equity	$ 7,996.6	$ 8,034.9