GoDaddy Inc., a leading global technology provider specializing in services for entrepreneurs and small businesses, has reported impressive financial results for the second quarter of 2025. The company, which operates through its Applications and Commerce (A&C) and Core Platform (Core) segments, continues to make significant strides in revenue growth and operational efficiency.

1. Consolidated Financial Highlights

For the three months ending June 30, 2025, GoDaddy achieved the following noteworthy metrics:

Total Revenue: $1,217.6 million, an increase of 8.3% compared to the same period last year.

International Revenue: $395.9 million, reflecting a robust growth of 10.9%.

Total Bookings: $1,345.3 million, up by 6.6%.

Operating Income: $266.3 million, a strong rise of 27.9%.

Net Income: $199.9 million, marking a remarkable 36.6% increase, bolstered by a one-time tax benefit of $34.6 million.

Normalized EBITDA: $381.7 million, an increase of 15.1%.

Net Cash from Operating Activities: $379.9 million, up by 28.9%.

The following diagram illustrates GoDaddy's income statement comparison between Q2 2024 and Q2 2025:

Income Statement of GoDaddy Inc

	Aug 2024	Aug 2025
Net Income	1.79B	808.5M
Net Income to Non-controlling Interest	500K	0
Profit	1.79B	808.5M
Net Income Continuing	1.79B	808.5M
Income Tax Expense	-1.19B	97.9M
Pretax Income	593.5M	906.4M
Non-operating Income	-147.6M	-116.6M
Operating Income	741.1M	1.02B
Revenue	4.40B	4.75B
Costs and Expenses	3.66B	3.72B
Cost of Revenue	1.62B	1.71B
Operating Expenses	2.04B	2.01B
Depreciation, Depletion & Amortization	149.6M	126.4M
Restructuring Charge	50.3M	12.5M
Selling, General & Administrative	1.02B	1.05B
Other Operating Expenses	814.2M	825.2M

2. Segment Performance

Applications and Commerce (A&C)

The A&C segment reported a revenue growth of $58.3 million, or 14.4%, primarily driven by the rising popularity of subscription-based products. This segment has become crucial for GoDaddy, as more customers are adopting these offerings for their business needs.

Core Platform (Core)

In the Core segment, revenue increased by $34.8 million, or 4.8%, largely due to continued growth in domain registrations and aftermarket sales. This steady performance indicates the resilience of GoDaddy's core services in a competitive market.

3. Expense Analysis

While GoDaddy's revenue surged, the company also faced rising costs in various categories:

Cost of Revenue: Increased by $34.0 million (8.3%), reflecting the necessary investments to support revenue growth.

Technology and Development: Expenses rose by $8.4 million (4.1%), attributed to higher personnel costs related to product development.

Marketing and Advertising: Experienced a $12.8 million (7.1%) increase, reflecting the company's commitment to enhancing its market presence.

Despite these increases, GoDaddy has effectively managed its operating expenses, which is evident in its growing operating income.

4. Liquidity and Capital Resources

GoDaddy's liquidity remains strong, with cash flow generated from operations supporting its capital needs. As of June 30, 2025, the company reported total assets of $8.27 billion, with cash and equivalents amounting to $1.08 billion. The company has also maintained compliance with all covenants related to its long-term debt, which totals $3.77 billion, leaving approximately $994.7 million available for borrowing.

Balance Sheet of GoDaddy Inc

	Aug 2024	Aug 2025
Total Assets	7.72B	8.27B
Total Current Assets	1.29B	1.92B
Cash and Equivalents	444.9M	1.08B
Accounts Receivable	92.9M	113.8M
Prepaid Expenses	238.1M	156.4M
Other Current Assets	521.3M	566.5M
Total Non-current Assets	6.42B	6.35B
Intangible Assets	4.65B	4.66B
Non-current Deferred Tax Assets	1.23B	1.15B
Net PP&E	160.4M	148.5M
Lease Assets	61.4M	48.6M
Other Non-current Assets	316.6M	331.9M
Total Liabilities and Equity	7.72B	8.27B
Other Equity and Liabilities	178.2M	127.3M
Total Liabilities	7.38B	7.74B
Total Current Liabilities	2.70B	3.01B
Accounts Payable and Accrued Liabilities	459.8M	602M
Current Debt	17M	15.7M
Current Deferred Revenue	2.23B	2.39B
Total Non-current Liabilities	4.67B	4.72B
Long-term Debt	3.78B	3.77B
Non-current Deferred Revenue	866.1M	937.8M
Non-current Deferred Tax Liabilities	25.7M	14.6M
Total Equity and Non-controlling Interests	157M	404.4M
Total Equity	157M	404.4M

5. Shareholder Returns

In line with its strategy to enhance shareholder value, GoDaddy has authorized a substantial share repurchase program totaling $4 billion. So far, the company has executed accelerated share repurchase agreements totaling $767.4 million, with an additional $3 billion authorization still available.

6. Conclusion

GoDaddy Inc. has demonstrated a robust financial performance in Q2 2025, highlighting the company's effective operational strategies and commitment to growth. With significant revenue increases across its segments and a strong focus on shareholder returns, GoDaddy is well-positioned to continue its momentum in the coming quarters. The company's ongoing investments in technology and customer support further solidify its status as a leader in empowering entrepreneurs and small businesses globally.

Original filing: sec.gov