GoDaddy
The best-known place to buy a website address: GoDaddy manages a fifth of the world's domain names and sells small businesses the website, email and payments to go with them.
The scores
Growth3/4 ↓
Revenue grew 8.3% in 2025 and 6.6% in Q2 2026 on higher revenue per customer, while customers fell from 21.0M to 20.4M.
Business quality3/4 ↓
Retention near 85% and few names moved to rivals, but its .com share is slipping to cheaper registrars and AI builders attack the website half.
Financial position3/4 →
About $2.7B of net debt, 1.4 times adjusted profit, with maturities spread from 2027 to 2031 and $1.7B of yearly cash to cover it.
Execution record3/4 →
Operating margin rose from 12.9% to 22.8% in two years and cash targets were met, but the late-2025 promotion missed plan and drew a lawsuit.
Per share capture4/4 →
Buybacks cut diluted shares 7.4% in a year, far more than stock pay of about 6% of revenue adds; no shares are issued for deals.
Potential2/4 →
About a fifth of a roughly $11B domain market already, so upside rests on Airo and pricing, neither yet shown in revenue.
Risk profile3/4 →
No customer above 10% and two-thirds of revenue from the US, but a 20-year FTC order, a class action and dependence on registry prices.
Valuation4/4 ↑
About 8 times owner cash, a price assuming that cash shrinks, against a guide that has it growing; on full taxes it assumes flat cash.
Evidence quality3/4 →
Filed figures and ICANN's counts carry the case, but Airo's revenue and AI's effect on new customers are unreported.
If it works 1.0× · if it fails you keep about 95%.
The Verdict
We rate GoDaddy attractive. The business is solid: it manages about a fifth of the world's domain names, keeps about 85% of its customers each year, and grows revenue about 6%. The price is cheap. At about 8 times the cash the business produces, buyers are paying as if that cash will shrink every year, while the company is still growing it and buying back about 7% of its shares a year. As a bet it is defensive: Airo, its AI site builder, would add little if it works, and little is lost if it fails.
The long caseAs more one-person firms start up and build with AI, GoDaddy can sell them Airo at the moment they buy their name.
The evidence under this - 7 claims
- Retention is the company's own measure and is not audited.
- At 85% roughly 3M customers leave each year, and new customers have not replaced them since 2023 (C02).
- With tax paid in full, about $230M a year more (C10), the same price assumes owner cash roughly flat rather than falling.
- Net debt of about $2.7B (C13) adds risk that a yield on the shares alone does not show.
- $50M is under 1% of $5.4B of yearly bookings, and no Airo revenue is reported.
- Management has not shown whether Airo's gain exceeds the older products' loss.
The company
A new business needs a name on the internet, like joesbakery.com. GoDaddy is where most people go to buy one: it manages about 81 million names, and 94% of its customers first came for a name.
Around that name it sells hosting, a website builder, email, security and card payments, and now Airo, an AI assistant that builds a site and logo from a few prompts. Without it, an owner would hire a developer or stitch several cheaper services together.
The evidence under this - 4 claims
- $50M is under 1% of $5.4B of yearly bookings, and no Airo revenue is reported.
- Management has not shown whether Airo's gain exceeds the older products' loss.
- No figure is given for traffic or sales through the agent tools, so the response cannot yet be measured.
- An AI assistant can send a buyer to a cheaper registrar as easily as to GoDaddy.
How it makes money
Most money arrives as yearly renewals paid in advance. Domain names brought in $2.31B in 2025, nearly half of revenue, and grew 7.3%. Website tools, email and payments brought in $1.89B and grew 14.3%, sold to customers who first came for a name. Hosting is the shrinking part. Each customer now pays about $250 a year, up about 9%, which is where the growth comes from.
The evidence under this - 4 claims
- Retention is the company's own measure and is not audited.
- At 85% roughly 3M customers leave each year, and new customers have not replaced them since 2023 (C02).
Where the money comes from, stream by stream
| Stream | Share of sales (FY2025) | How it earns it |
|---|---|---|
| Core Platform: domains | 46.7% | Registrations and renewals, the domain resale marketplace and GoDaddy Registry, mostly paid a year or more ahead. |
| Applications and Commerce | 38.2% | Website builders, Airo, email and Microsoft 365, marketing tools and payments, sold by subscription to the same customers. |
| Core Platform: other | 15.2% | Hosting, security certificates and website security, shrinking slowly as older products are retired. |
Who runs it
Aman Bhutani has run GoDaddy since 2019 and raised its operating margin from 12.9% in 2023 to 22.8% in 2025, with Mark McCaffrey as finance chief since 2021. Insiders own under 1% of the shares; the largest holders are index funds. The yearly bonus pays mostly on sales signed in the year and an adjusted profit figure, and half of long-term pay depends on the share price against other internet companies. Insiders bought no shares over the year and sold mostly as shares vested.
The evidence under this - 4 claims
Why it wins, and who could beat it
Why customers come back
Leaving is a nuisance. A small business's address, website, email and payments all sit on one GoDaddy account, so moving means rebuilding them and risking a day offline. About 85% of customers stay each year.
The outside records agree. In June 2026 only about 0.13% of GoDaddy's .com names moved to another seller, and slightly more moved in. The weak spot is new names: its share of all .com names slipped from 31.1% to 28.9% in eighteen months.
The evidence under this - 4 claims
Deletions run about ten times transfers out, so names more often lapse than move; a lapsed name is still a lost sale.
- Retention is the company's own measure and is not audited.
- At 85% roughly 3M customers leave each year, and new customers have not replaced them since 2023 (C02).
The 2024 count fell partly because GoDaddy sold or closed brands outside its main platform, so not all of the drop is customers choosing to leave.
- The count covers one GoDaddy accreditation and .com only; GoDaddy's other accreditations add about 3M names.
- Many .com names belong to domain investors, so the count is not the same as small-business customers.
The threat
Cheaper sellers are winning the new names. Cloudflare more than doubled its .com names in eighteen months and Hostinger doubled, while Namecheap kept growing. Wix, a rival website builder, now names AI tools such as Lovable, Bolt.new and Google AI Studio as competitors: they build a working site from a written request, without any website builder at all.
The evidence under this - 3 claims
The rivals: WIX, WIX, NET, GOOGL, TCX, SHOP, XYZ, and 3 more that are private, in-house or listed abroad.
Who else does this, rival by rival
| Ticker | Rival | Where it competes | How far along | Priced against it |
|---|---|---|---|---|
| WIX | WixPriced against it: Yes | Applications and Commerce | On sale | Yes |
| Wix, with its AI builders and Base44 | Airo, the AI website and business builder | On sale | ||
| NET | Cloudflare RegistrarPriced against it: One segment only | Core Platform | On sale | One segment only |
| Private | Namecheap and HostingerPriced against it: Private | Core Platform | On sale | Private |
| Private | Lovable, Bolt.new and V0Priced against it: Private | Applications and Commerce | On sale | Private |
| GOOGL | Google AI StudioPriced against it: Different product | Applications and Commerce | On sale | Different product |
| Private | Lovable, Bolt.new and V0Priced against it: Private | Airo, the AI website and business builder | On sale | Private |
| TCX | TucowsPriced against it: Yes | - | On sale | Yes |
| SHOP | ShopifyPriced against it: One segment only | - | On sale | One segment only |
| XYZ | BlockPriced against it: One segment only | - | On sale | One segment only |
How big it could get
How big this could get
About 387 million domain names are registered worldwide. GoDaddy earns about $28.6 a year per name it manages, against the $10.26 the .com registry charges it, so if every name earned that, the market would be about $11.1B a year.
GoDaddy already holds about 21% of it. The number of .com and .net names barely grew from 2023 to 2025, so this is a large market growing slowly, not a new one.
The evidence under this - 5 claims
Domain revenue includes resale commissions, premium names and GoDaddy's registry business, so a plain registration earns less.
The two shares use different bases, worldwide names of every kind against .com only.
- The count covers one GoDaddy accreditation and .com only; GoDaddy's other accreditations add about 3M names.
- Many .com names belong to domain investors, so the count is not the same as small-business customers.
The results
The numbers
Sales grew 7.4% over the twelve months to Jun 2026, about the same pace as the 8.3% in the year to Dec 2025.
Operating margin is 25%, up from 13% in the year to Dec 2023.
Yearly sales growth has ranged from +4.0% to +15% over the last 5 years.
Each dollar put into the business earns 25% a year after tax, up from 10% in the year to Dec 2021.
It turned 33% of sales into free cash, $1.70B over the last twelve months.
Free cash flow was 1.9 times net income.
The share count fell 14% in 2.5 years, and pay in shares costs 5.9% of sales.
All the numbers
Filed figures from the company's 10-K and 10-Q, read 2026-10-10. Fiscal years end in December.
| Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | 12 mo to Jun 2026 | |
|---|---|---|---|---|---|---|
| Size and growth | ||||||
| Sales | $3.82B | $4.09B | $4.25B | $4.57B | $4.95B | $5.10B |
| Sales growth | +15% | +7.2% | +4.0% | +7.5% | +8.3% | +7.4% |
| Profit | ||||||
| Operating margin | 10% | 12% | 13% | 20% | 23% | 25% |
| Net margin | 6.4% | 8.6% | 32% | 20% | 18% | 18% |
| What growth costs, per sales dollar | ||||||
| General and admin | 9.1% | 9.4% | 8.8% | 8.6% | 7.9% | 7.4% |
| Pay in shares | 5.4% | 6.5% | 7.0% | 6.6% | 6.4% | 5.9% |
| Capital spending | 1.3% | 1.5% | 1.0% | 0.6% | 0.5% | 0.5% |
| Cash | ||||||
| Cash from operations | $829M | $980M | $1.05B | $1.29B | $1.60B | $1.73B |
| Free cash flow | $778M | $920M | $1.01B | $1.26B | $1.58B | $1.70B |
| Balance sheet | ||||||
| Debt | $3.88B | $3.83B | $3.82B | $3.79B | $3.78B | $3.77B |
| Returns and shares | ||||||
| Return on capital | 10% | 13% | 15% | 21% | 23% | 25% |
| Shares (diluted) | - | - | 151M | 145M | 141M | 131M |
What growth costs
Growth has become cheaper. Since 2023 revenue rose by about $700M while spending on technology, marketing, customer care and administration barely moved, so the operating margin nearly doubled. Pay in shares has stayed small, near 6% of revenue.
The evidence under this - 3 claims
Cash taxes are far below the tax charge for now (C10), so this cash is higher than it will be once the tax assets are used.
The last report (30 Jul)
Quarter ended June 2026, filed figures.
In Q2 2026 revenue grew 6.6% to $1.30B. The website tools and payments half grew 11.0%, while the domain and hosting half grew 3.9%. Bookings and recurring revenue each rose 5.7%, and spare cash for the quarter was strong.
Management kept its $1.8B cash target for 2026 and narrowed the revenue range around the same midpoint, about 6% growth. It guided the third quarter to about 5%, the slowest of the year, against strong resale sales a year earlier. Airo's bookings rose fivefold to a $50M yearly pace, still small.
What it did to the thesisIt supported the cash side of the case: the margin widened and the cash target held. It also showed the slowdown continuing in the older half of the business, and Airo is still too small to prove it replaces the products it absorbs. The view holds.
The quarter in detail
Sales growth from the previous quarter, filed figures.
Earnings per share $1.83 against $1.69 expected; $1.83 as filed, with no adjustments.
The evidence under this - 5 claims
- In the 2025 fourth quarter a promotion cut bookings more than management expected, so its own plans have missed recently (C14).
- Q3 growth of about 5% would be the slowest of the year, against the strongest comparison quarter.
- $50M is under 1% of $5.4B of yearly bookings, and no Airo revenue is reported.
- Management has not shown whether Airo's gain exceeds the older products' loss.
Cash taxes are far below the tax charge for now (C10), so this cash is higher than it will be once the tax assets are used.
What management did with the money
Nearly all the spare cash goes to buying back shares: $1.6B in 2025 and $851.8M more by late July 2026, about 7% of the shares a year. Part is funded with debt of about $2.7B after cash. The buybacks have pushed what the company owns minus what it owes almost to zero, an accounting effect rather than a loss.
Insiders in 2026Q3: 0 purchases and 14 sales, from their Form 4 filings.
The evidence under this - 3 claims
Most of that growth comes from buying back shares with cash flattered by low cash taxes (C10, C27), not from the business growing.
The price, and where we disagree
In short. Cheap. The price pays only for the business shrinking slowly, while the company guides its cash higher and buys back about 7% of its shares a year.
The shares fell from $214.35 in January 2025 to below $75 in June 2026, mostly because buyers now pay much less for each dollar of sales, while sales per share kept rising. Each of the last four reports cut the price.
In late September a newspaper reported that Gen Digital, the owner of Norton, had approached GoDaddy about a takeover; nothing is confirmed. The next test is third-quarter results on 29 October, then an investor evening on 1 December with new targets.
The evidence under this - 5 claims
- In the 2025 fourth quarter a promotion cut bookings more than management expected, so its own plans have missed recently (C14).
- Q3 growth of about 5% would be the slowest of the year, against the strongest comparison quarter.
How we read the multiple
Investors pay about $13.22B for the shares. What has to be true:
1. Spare cash over the last year was about $1.7B, so the price is about 8 times it. 2. After pay in shares, owners keep about $1.4B, about 11% of the price. 3. A buyer wanting 9% a year, a common yardstick, is paid even if that falls 1.5% a year forever.
The company guides cash up about 4%. Tax paid in full, about $230M a year more, would still leave the price assuming only flat cash.
Against its own history. The price per dollar of cash is far below its own recent normal, so buyers now treat GoDaddy as a fading business rather than a growing one.
The evidence under this - 5 claims
- With tax paid in full, about $230M a year more (C10), the same price assumes owner cash roughly flat rather than falling.
- Net debt of about $2.7B (C13) adds risk that a yield on the shares alone does not show.
Cash taxes are far below the tax charge for now (C10), so this cash is higher than it will be once the tax assets are used.
At about $230M a year the $912.6M of assets shelters tax for roughly four more years, so the extra cash is real until then.
- In the 2025 fourth quarter a promotion cut bookings more than management expected, so its own plans have missed recently (C14).
- Q3 growth of about 5% would be the slowest of the year, against the strongest comparison quarter.
Priced against its rivals
The competitors its own annual report names, each confirmed against the rival's filing. Measured on price for each $1 of sales, cheapest first:
| Ticker | Company | price for each $1 of sales |
|---|---|---|
| TCX | Tucows | 0.3× |
| WIX | Wix.com | 1.9× |
| GDDY | GoDaddy | 2.7× |
The middle of the other 2 is 1.1. GoDaddy Inc. is dearest of 3.
Rivals' figures come from a data provider, so read the spread of the group rather than any single pair.
It costs more per dollar of sales than its two filed rivals because it keeps far more of each sale as cash; the gap is GoDaddy's own, not the group's.
Private or foreign rivals that cannot be priced: Newfold Digital, Namecheap, Squarespace, Hostinger, Automattic, IONOS, GMO Internet Group, Dynadot, Identity Digital, SEDO.
The bet: what it pays if it works
This bet is on one line: Airo, GoDaddy's AI tool that builds a website and business tools from a few typed answers. GoDaddy reports no revenue, customer count or price for it, only management's word on the yearly pace of its sales.
The rest of GoDaddy is counted separately at today's rating of its cash. The price asks a little more of Airo than even a good outcome is worth, so the option is expensive, and the bet is too. Wix and prompt-to-app builders sell the same job.
| Airo, the AI website and business builder revenue in two to three years | Paying Airo customers needed | At the stated multiple |
|---|---|---|
| $50.00M | about 200.0K at 100% kept | 1.0× |
| $150.00M (the big win) | about 600.0K at 100% kept | 1.0× |
| $300.00M | about 1.2M at 100% kept | 1.0× |
To pay 2× (a Fair bet) it would need about $5.57B of Airo, the AI website and business builder revenue (about 22.3M paying Airo customers); to pay 5× (a Cheap bet), about $21.51B of Airo, the AI website and business builder revenue (about 86.0M paying Airo customers), at the same multiple.
Each row is Airo, the AI website and business builder alone, plus the rest of the company (GoDaddy without Airo: domains, hosting, email, older builders and payments) counted at about $13.17B.
The steps it has to take
- Done Airo launched as an AI website builder
- Done Airo and Airo AI Builder unified into one platform
- Done Bookings run rate up from $10M to $50M
- In progress Airo placed in the domain purchase path for all buyers due 2026-12
- Not started GoDaddy discloses Airo revenue or paying customers due 2027-02
- Not started Bookings run rate near $150M due 2028-12
The detail behind the label
The evidence under this - 6 claims
- $50M is under 1% of $5.4B of yearly bookings, and no Airo revenue is reported.
- Management has not shown whether Airo's gain exceeds the older products' loss.
Cash taxes are far below the tax charge for now (C10), so this cash is higher than it will be once the tax assets are used.
- With tax paid in full, about $230M a year more (C10), the same price assumes owner cash roughly flat rather than falling.
- Net debt of about $2.7B (C13) adds risk that a yield on the shares alone does not show.
Where we disagree with the market
GoDaddy is a business AI will slowly empty, as new owners build sites and find names without it, so its cash is set to shrink.
GoDaddy's cash per share keeps rising for several years on modest growth and buybacks, even if customer numbers stay flat.
The market is pricing a decline that has not started: revenue, cash and the margin all rose last year, and few names leave for rivals.
The evidence against us is real. Customers fell from 21.0 million to 20.4 million since 2023, cheaper sellers are taking the new .com names, and low cash taxes flatter the cash today. If the older half of the business starts shrinking, we are wrong.
What analysts say, and the evidence
The evidence under this - 8 claims
- With tax paid in full, about $230M a year more (C10), the same price assumes owner cash roughly flat rather than falling.
- Net debt of about $2.7B (C13) adds risk that a yield on the shares alone does not show.
- Customers have fallen 2.9% since 2023 and GoDaddy's .com share is slipping (C02, C17), which is what an early decline looks like.
- Cash is flattered by low cash taxes (C10); on full tax the price assumes flat cash, not falling.
The 2024 count fell partly because GoDaddy sold or closed brands outside its main platform, so not all of the drop is customers choosing to leave.
- The count covers one GoDaddy accreditation and .com only; GoDaddy's other accreditations add about 3M names.
- Many .com names belong to domain investors, so the count is not the same as small-business customers.
At about $230M a year the $912.6M of assets shelters tax for roughly four more years, so the extra cash is real until then.
- Domains under management fell only 0.3% in 2025 and the .com total rose 6.4% in eighteen months (C03, C17).
- An AI-built site still needs a domain, and GoDaddy now sells names directly to agents (C16).
What could go wrong, and how we would know
The risks
- AI takes the front door. AI builders and chat assistants could send new businesses past GoDaddy's search page, cutting the new customers that replace the 15% who leave each year.
- Cheaper sellers win new names. Cloudflare, Hostinger and Namecheap are gaining .com names while GoDaddy's share slips.
- Customers are not growing. Growth comes from charging each customer more; that runs out if customers keep leaving.
- Cash taxes will rise. GoDaddy pays little tax in cash for now; in about four years it will pay roughly $230M a year more.
- Debt funds part of the buybacks. Debt after cash is about $2.7B and what it owns barely exceeds what it owes, so a bad year leaves less room.
- Lawsuit and regulator. A class action says a 2025 discount was hidden from investors, and an FTC order binds its security practices for 20 years.
The evidence under this - 8 claims
- Domains under management fell only 0.3% in 2025 and the .com total rose 6.4% in eighteen months (C03, C17).
- An AI-built site still needs a domain, and GoDaddy now sells names directly to agents (C16).
- The count covers one GoDaddy accreditation and .com only; GoDaddy's other accreditations add about 3M names.
- Many .com names belong to domain investors, so the count is not the same as small-business customers.
The 2024 count fell partly because GoDaddy sold or closed brands outside its main platform, so not all of the drop is customers choosing to leave.
At about $230M a year the $912.6M of assets shelters tax for roughly four more years, so the extra cash is real until then.
A class action says the promotion was hidden from investors from September 2025 to February 2026 (C30).
What we still do not know
- Whether Airo adds more bookings than the older website builders lose; management gives a pace for Airo but no revenue.
- How many new businesses now find their name through an AI assistant instead of a search that leads to GoDaddy.
- What it really costs a small business to move its website and email away; nobody outside the company has measured it.
The evidence under this - 4 claims
- $50M is under 1% of $5.4B of yearly bookings, and no Airo revenue is reported.
- Management has not shown whether Airo's gain exceeds the older products' loss.
- No figure is given for traffic or sales through the agent tools, so the response cannot yet be measured.
- An AI assistant can send a buyer to a cheaper registrar as easily as to GoDaddy.
- Domains under management fell only 0.3% in 2025 and the .com total rose 6.4% in eighteen months (C03, C17).
- An AI-built site still needs a domain, and GoDaddy now sells names directly to agents (C16).
Deletions run about ten times transfers out, so names more often lapse than move; a lapsed name is still a lost sale.
What would change our view
- Attractive→NeutralThe price catches up with the cash
It needs:
- ○The shares rise to about 12 times the spare cash, with that cash unchanged.about $160.54 today, 54% above the last close
- Attractive→NeutralThe decline starts
It needs any of:
- ○Domain and hosting revenue falls below the same quarter a year earlier.checked at the next results, due by 29 Oct
- ○Total bookings grow less than 3% from a year earlier.checked at the next results, due by 29 Oct
We would also be wrong if
- GoDaddy's .com names on ICANN's monthly report fall below 47 million.
- Spare cash for 2026 comes in below $1.7B.
- The share of customers who stay for another year falls below 83%.
What is coming
- 29 October 2026 Q3 2026 results: Whether revenue lands inside the $1.315B to $1.335B guide, Core Platform keeps growing and the $1.8B free cash flow target holds.
Every dated event ahead
- 29 October 2026 Q3 2026 results: Whether revenue lands inside the $1.315B to $1.335B guide, Core Platform keeps growing and the $1.8B free cash flow target holds.
- 1 December 2026 Investor Night: The new financial targets, and whether management puts a figure on Airo and on AI's effect on domains.
- February 2027 Q4 2026 results and the first 2027 guide: Whether 2027 growth is guided near the 5% analysts expect and whether the customer count turns up.
Since we wrote this
- 11 OctThesis reviewAiro lifted out as an early line, and bet onThe owner's rule of 2026-10-11: a Futures winner declares the line each theory names it for, and an early line owes a bet that cannot be declined.
- 10 OctThesis writtenAttractive, medium convictionWritten nineteen days before Q3 2026 results, after the shares halved from their high and a takeover approach was reported.
Sources 23
Sources - 23
Every claim above cites one of these, or states the reasoning that derived it. The quote is frozen at the date it was read: a link can rot, and an agent fetch returns a reading of a page rather than the page. Backs counts the whole claim ledger, so it can name a claim this page does not surface.
- S01primarycompany filing2026-02-25business description, segments, customers, retention, domains under management, competition, employees, revenue by segment and geography, debt, taxes, buybacks, the FTC orderbacksC01C02C03C04C05C06C09C10C11C12C13C22C24C27C39C45
- S02primarycompany release2026-07-30Q2 results, bookings, ARR, ARPU, segment revenue, free cash flow, net debt, Q3 and 2026 guidance
For the full year ending December 31, 2026, GoDaddy is narrowing its revenue guidance to a range of $5.215 billion to $5.255 billion. ... GoDaddy reaffirms its free cash flow target of approximately $1.8 billion, versus the $1.6 billion of free cash flow generated in 2025.
backsC07C08C13C16C48 - S03primarycompany filing2026-07-31segment revenue, cash flow, stock pay, share count, buybacks, debt, deferred tax assets, stockholders' equitybacksC02C05C07C09C10C11C26C27C48
- S04primarytranscript2026-07-30GoDaddy Q2 2026 earnings call transcript (FMP)Airo bookings, the legacy website-builder drag, the CEO on AI and domains, retention, the free-cash-flow-per-share target, the Investor Night; questions from Baird, Morgan Stanley and Oppenheimer
Annualized bookings run rate has increased 5x to $50 million, versus the $10 million we shared just 1 quarter ago ... probably was about a point to our total bookings this quarter ... with AI and the advent of LLMs, we're definitely seeing some changes in that business overall ... on track to deliver on our North Star of a 3-year CAGR of over 25%
backsC04C15C16C37C47C48 - S05primarycompany filing2026-04-24executive biographies, beneficial ownership, the bonus and long-term pay designbacksC35C36
- S06primarycompany release2026-02-242025 results, free cash flow, the first 2026 guidance
revenue in the range of $5.195 billion to $5.275 billion, representing year-over-year growth of 6% at the midpoint
backsC08 - S07primarycompany filing2026-08-04the new $1,200M revolver to July 2031backsC13
- S08primarytranscript2026-02-24GoDaddy Q4 2025 earnings call transcript (FMP)the one-year .com promotion, the 2026 headwinds, Q4 bookings by segment
introduced a promotional price for .com domains with a 1-year term. The approach successfully increased new customer volume that purchased domain units with 1-year terms. But the demand for this offer was greater than we expected. ... our full year revenue outlook incorporates just over 200 basis points of cumulative impact from the expiration of the .CO registry contract
backsC14 - S09primaryindustry data2026-09-30.com names held by each registrar, transfers gained and lost, and the total, at June 2026
"GoDaddy.com, LLC",146,49152691 ... 3873,95,73426,1540,62494,7448 ... "NameCheap, Inc.",1068,11865969 ... "HOSTINGER operations, UAB",1636,4088971 ... "Cloudflare, Inc.",1910,3525525 ... Totals,,170253825
backsC17C18C19C24 - S10primarycompany filing2026-02-05the .com and .net base over three years, the wholesale .com feebacksC20C22
- S11primarygovernment data2026-09-10U.S. Census Bureau, Business Formation Statistics, monthly business applications (bfs_monthly.csv) U.S. Census BureauUS business applications by month, unadjusted
sa,naics_sector,series,geo,year,jan,feb,mar,apr,may,jun,jul,aug,sep,oct,nov,dec ... U,TOTAL,BA_BA,US,2026,547443,505240,534850,649160,498776,496832,634735,478274,,,, ... U,TOTAL,BA_BA,US,2025,499440,442701,501015,585822,425999,428838,513667,429362,446242,539537,426732,432481 ... U,TOTAL,BA_BA,US,2024,578735,459305,471499,444288,505620,403642,459151,391396,372560,461472,352856,323652 ... U,TOTAL,BA_BA,US,2019,354645,319386,327817,299736,343448,270168,240116,325625,249711,315344,228596,224398
backsC21 - S12secondaryvendor data2026-10-10Research pack, frozen 2026-10-10 (FMP market data, FINRA short interest, filed cohort)daily closes, the price decomposition, vendor multiples and their medians, analyst estimates and ratings, short interest, the earnings calendar, the cohortbacksC12C25C26C27C28C29C31C43C44
- S13secondarynews2026-09-29the class action, its class period and the lead-plaintiff deadline
a class action was filed on behalf of all persons and entities who purchased or otherwise acquired GoDaddy Inc. (NYSE: GDDY) common stock between September 3, 2025 and February 24, 2026 ... Shareholders who wish to lead the case should contact Robbins LLP before the October 20, 2026 , lead plaintiff deadline.
backsC30 - S14secondarynews2026-09-24webhosting.today, 'Norton's owner has approached GoDaddy', reporting the Financial Times of 24 September 2026 webhosting.todaythe reported Gen Digital approach
According to the FT’s Oliver Barnes, citing people familiar with the matter, the first offer “was made in recent weeks,” the talks are “at an early stage,” the exact terms “could not immediately be established,” and there is no guarantee of a transaction. Both companies declined to comment.
backsC31 - S15primarycompany filing2026-03-26a rival naming GoDaddy, and the AI app builders and vibe-coding tools it competes withbacksC32
- S16primarycompany filing2026-02-26Cloudflare Registrar described by its sellerbacksC33
- S17primarycompany filing2026-03-02a wholesale registrar naming GoDaddy as a retail rivalbacksC34
- S18primarycompany filing2026-10-10GoDaddy insider Form 4 filings read by insider_fetch.py, 2025-10 to 2026-1046 open-market sales, 19 under 10b5-1 plans, no purchasesbacksC38
- S19primaryindustry data2025-03-31.com names by registrar at December 2024
"GoDaddy.com, LLC",146,49772582 ... "NameCheap, Inc.",1068,10087809 ... "HOSTINGER operations, UAB",1636,2010721 ... "Cloudflare, Inc.",1910,1516145 ... Totals,,159938837
backsC17C18 - S20primaryindustry data2026-03-31.com names by registrar at December 2025
"GoDaddy.com, LLC",146,48863546 ... "NameCheap, Inc.",1068,11159566 ... "Cloudflare, Inc.",1910,2386384 ... Totals,,164580235
backsC17 - S21primarycompany filing2026-10-10six years of filed revenue, operating income, stock pay, operating cash flow, capital spending, taxes and share countsbacksC05C09C10C29
- S22primarycompany filing2026-03-26a rival site builder's paid subscription count
Total premium subscriptions were 6.1 million as of December 31, 2025 compared to 6.2 million as of December 31, 2024, a decrease of 1%.
backsC46 - S23primarytranscript2026-07-30GoDaddy Q2 2026 earnings call transcript (FMP): Airo's pricing and adoptiondata/cache/transcripts/GDDY-2026Q2.jsonhow Airo is priced, what it absorbs and how far its adoption has gone
We view this as a deliberate trade-off as Airo, monetized through a mix of subscription and token usage continues to scale.
backsC47