NYSE: GDDY · Internet Services & Infrastructure
GoDaddy
GoDaddy serves 20.4 million customers — mostly microbusinesses, entrepreneurs and domain investors — as a one-stop shop for domains, websites, hosting, email, commerce and payments, including its GoDaddy Airo AI-powered tools. It calls itself the global leader in domain name registration, with about 81 million domains under management at the end of 2025. 2025 revenue was $4,951 million (+8%): Applications and Commerce $1,889 million and Core Platform $3,062 million; operating income was $1,127 million and net income $875 million. It repurchased $834.8 million of Class A stock in 2025. In November 2025 a jury found it infringed Express Mobile patents and awarded $170 million; GoDaddy has appealed.
Last updated
Analysis last edited: October 31, 2026 · Financial data fetched: October 24, 2026 15:18 (SEC EDGAR) · Source 10-K filed: February 25, 2026
Built on10-K FY2025 · filed 2026-02-2510-Q (quarter ended 2026-09-30) · filed 2026-10-30Proxy statement (2026)
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
01
At a glanceFrom SEC data
Eight headline measures, each placed among the companies covered on this site.
- Revenue growthCAGRSmooths out year-to-year swings into "grew X% a year on average." Makes growth pace comparable across companies of very different sizes.
- 8.3%
- Operating marginOperating marginHow many cents of operating profit are left per dollar of revenue. Reflects pricing power and cost structure.
- 22.8%
- ROIC minus WACCROIC − WACC spreadThe difference between ROIC and WACC. Consistently positive implies value creation; consistently negative implies value destruction.
- +12.7 pts
- Net debt ÷ EBITDAEBITDAOperating income with D&A added back. A rough proxy for cash-generating power that’s less distorted by capital intensity, depreciation method, or financing/tax differences than net income.
- 2.2x
- Cash conversionOperating CF ÷ net income (cash conversion)How much of reported profit shows up as actual cash. 1x or higher means profit is backed by cash.
- 1.83x
- Dividend raisesDividend per shareTotal annual dividend paid per share (sum of all declared payments for the year).
- —
- P/E todayP/EShare price ÷ EPS — how many years of current earnings the stock price represents. This site uses the period-end figure as reported in the filing.
- 16.5x
- Betaβ (beta)How much a stock moves, on average, for a 1% move in the overall market. Above 1 means more volatile than the market, which raises the return shareholders require. This site computes it from about 2.5 years (roughly 130 weeks) of weekly returns, built from Yahoo Finance daily prices, regressed against an S&P 500 ETF (SPY) as the market proxy, then applies the well-known long-run mean-reversion adjustment (0.67 × β + 0.33) as the WACC default.
- 0.82
Higher than 49% of 372 non-financial companies
Average yearly growth over the years shown
Higher than 63% of 311 non-financial companies
Latest fiscal year (FY2025)
Higher than 76% of 311 non-financial companies
Return on capital above (or below) its estimated cost
Higher than 59% of 304 non-financial companies
Below 0 means more cash than debt
Higher than 64% of 349 non-financial companies
Operating cash flow ÷ net income
Years the dividend per share rose, of the last 5
Latest close 2026-11-04; trailing 12 months to 2026-09-30
Above 1 = moves more than the market
Each marker shows where this company sits among the non-financial companies covered on this site, not all listed companies (left = lowest, right = highest). A high position is not automatically good — for net debt ÷ EBITDA, higher means more debt. Details and formulas are in the sections below and in How to read this.
02
Valuation todayFrom SEC data
Price-based measures at the latest close, next to the same measures at the last fiscal year-end.
Share price$117.82close on 2026-11-04
Market cap$15.87B
- P/EP/EShare price ÷ EPS — how many years of current earnings the stock price represents. This site uses the period-end figure as reported in the filing. today
- 16.5x
- P/BP/BShare price ÷ book value per share. Below 1x means the market values the company below its accounting net worth. This site uses the closing price nearest the fiscal year-end and highlights sub-1x readings. today
- 73.8x
- EV/EBITDAEV/EBITDAEnterprise value (≈ market cap + interest-bearing debt − cash) as a multiple of EBITDA — roughly, "how many years of EBITDA to buy the whole company." Lower is generally viewed as cheaper, and it’s more comparable than P/E across companies with different debt loads or depreciation policies. This site excludes noncontrolling interests from the EV calculation. today
- 14.9x
- FCF yieldFree cash flow (FCF)Operating CF minus capital expenditures — cash generated by the business after funding its own investment, available for dividends, buybacks, acquisitions, or debt paydown. Acquisitions and securities purchases (also in investing CF) are not subtracted, so FCF can be positive in a year when total investing CF exceeds operating CF. today
- 9.9%
- Dividend yieldDividend per shareTotal annual dividend paid per share (sum of all declared payments for the year). today
- —
At FY2025 year-end: 20.0x
Earnings: trailing 12 months to 2026-09-30
At FY2025 year-end: 77.7x
Book value at FY2025 year-end
At FY2025 year-end: 15.6x
EBITDA for FY2025
At FY2025 year-end: 9.4%
Free cash flow for FY2025
Dividends per share for FY2025
“Today” uses the latest closing price (2026-11-04, Yahoo Finance daily closing prices) and shares outstanding at the last fiscal year-end. The rest of this page — including the financial table and ROIC vs. WACC — uses fiscal year-end prices. These are reference figures, not a judgment of whether the stock is cheap or expensive.
03
What changed since last earningsFrom SEC data
The latest reported quarter against the same quarter a year earlier, the balance sheet against the previous quarter-end, and what management said in its latest earnings release.
Quarter ended Sep 30, 2026.
- Revenue$1.27B → $1.34B (vs. a year earlier)↑ +6.0%$1.27B → $1.34B (vs. a year earlier)
- Operating margin23.4% → 27.0% (vs. a year earlier)↑ +3.6 pts23.4% → 27.0% (vs. a year earlier)
- Net income$211M → $262M (vs. a year earlier)↑ +24.4%$211M → $262M (vs. a year earlier)
- Diluted EPS$1.51 → $2.08 (vs. a year earlier)↑ +37.7%$1.51 → $2.08 (vs. a year earlier)
- Cash$1.16B → $1.12B (vs. previous quarter-end)↓ −3.1%$1.16B → $1.12B (vs. previous quarter-end)
- Long-term debt$3.77B → $3.77B (vs. previous quarter-end)→ −0.1%$3.77B → $3.77B (vs. previous quarter-end)
Source: Form 10-Q ↗ (SEC XBRL). Long-term debt is the tagged long-term debt figure and leaves out short-term borrowings.
From the earnings release of Oct 29, 2026.
Management outlook → Reaffirmed
Reaffirmed its free cash flow target of about $1.8B for 2026. Source sentence
For the full year ending December 31, 2026, GoDaddy reaffirms its free cash flow target of approximately $1.8 billion, versus the $1.6 billion of free cash flow generated in 2025.
Key changes
Q3 revenue $1.3B, up 6%. Source sentence
Total revenue of $1.3 billion, up 6% year-over-year on a reported and constant currency basis.
Operating income $362.5M, up 22%. Source sentence
Operating income of $362.5 million, up 22% year-over-year, representing a 27% margin.
Written by AI. A line appears only if its figures and direction match the quoted sentence, which an automatic check confirms. Companies' outlooks are their own and may not be met. Read the release ↗
04
Company profileFrom SEC dataShow
- Legal name
- GoDaddy Inc.
- Headquarters
- TEMPE, AZ
- Incorporated in
- Delaware
- Fiscal year end
- 12/31
- Exchange & ticker
- NYSE: GDDY
- Industry
- Internet Services & Infrastructure
- CIK
- 1609711
- Website
- https://www.godaddy.com/ ↗
Workforce (as of FY2025 year-end)
Employees
5,845
Source: Form 10-K (FY2025) cover page and business description
05
Earnings calendarFrom SEC dataShow
When the company reports each quarter: the quarter-end date, the day results were released, and when the 10-Q or 10-K was filed.
Next report
Q4 FY2026
Quarter end: December 2026. In past years, Q4 results were released 44–55 days after quarter end (Feb 24, 2026; Feb 13, 2025; Feb 13, 2024). No date has been announced in the sources this site uses.
Reporting pattern
- Fiscal year ends around December 31.
- Reports four times a year: three quarterly reports (10-Q) and an annual report (10-K) for Q4.
- Earnings releases came 29–55 days after quarter end over the last 12 quarters.
| Quarter | Quarter ended | Earnings release (8-K) | Report filed (10-Q / 10-K) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | Oct 29, 2026 (+29 days) | Oct 30, 2026 10-Q (+30 days) |
| Q2 FY2026 | Jun 30, 2026 | Jul 30, 2026 (+30 days) | Jul 31, 2026 10-Q (+31 days) |
| Q1 FY2026 | Mar 31, 2026 | Apr 30, 2026 (+30 days) | May 1, 2026 10-Q (+31 days) |
| Q4 FY2025 | Dec 31, 2025 | Feb 24, 2026 (+55 days) | Feb 25, 2026 10-K (+56 days) |
| Q3 FY2025 | Sep 30, 2025 | Oct 30, 2025 (+30 days) | Oct 31, 2025 10-Q (+31 days) |
| Q2 FY2025 | Jun 30, 2025 | Aug 7, 2025 (+38 days) | Aug 8, 2025 10-Q (+39 days) |
| Q1 FY2025 | Mar 31, 2025 | May 1, 2025 (+31 days) | May 2, 2025 10-Q (+32 days) |
| Q4 FY2024 | Dec 31, 2024 | Feb 13, 2025 (+44 days) | Feb 20, 2025 10-K (+51 days) |
| Q3 FY2024 | Sep 30, 2024 | Oct 30, 2024 (+30 days) | Oct 31, 2024 10-Q (+31 days) |
| Q2 FY2024 | Jun 30, 2024 | Aug 1, 2024 (+32 days) | Aug 2, 2024 10-Q (+33 days) |
| Q1 FY2024 | Mar 31, 2024 | May 2, 2024 (+32 days) | May 3, 2024 10-Q (+33 days) |
| Q4 FY2023 | Dec 31, 2023 | Feb 13, 2024 (+44 days) | Feb 29, 2024 10-K (+60 days) |
Source: SEC EDGAR filing history. Release dates are the dates the earnings release was furnished to the SEC on Form 8-K (Item 2.02), which is normally the day results are announced. For a quarter whose 10-Q or 10-K isn’t filed yet, the date is the latest Item 2.02 8-K since the previous report, which may be a preliminary or other results-related update. Fiscal years are labeled by the calendar year in which they end.
06
Flagship products & servicesSite analysis
Core Platform
Domains
Domain registration, renewals and aftermarket services.
Core Platform
Hosting and security
Web hosting and online security products.
Applications and Commerce
Websites + Marketing and commerce
Website builder, marketing tools, payments and commerce enablement.
Applications and Commerce
Productivity
Business email and productivity tools.
All
GoDaddy Airo
AI-powered tools for finding domains, generating logos, building websites and setting up email.
From the Form 10-K, FY2025.
U.S., worldwide and country/regional share of flagship products/services
Only shares the company itself states (in its filings or press releases, sometimes citing a research firm) are shown. Scope and timing vary by figure — treat these as approximate.
Domains
Domain name registration
U.S. share
—
Not disclosedWorldwide share
Global leader (~81M domains)
Company-disclosed“We are the global leader in domain name registration, with approximately 81 million domains under management as of December 31, 2025.”
07
Recent strategic focusSite analysis
Recent developments.
2025 results
Revenue $4,951M (+8%); A&C +14% to $1,889M; operating income $1,127M.
Source: Form 10-K (FY2025)
Q3 2026
Revenue $1.3B (+6%), with Applications & Commerce +9% and Core Platform +4%; operating income $362.5M (+22%); net income $261.8M (+24%); free cash flow $480.8M. The Airo AI website product passed a $100M annualized bookings run rate, double the prior quarter.
Source: Q3 2026 earnings release
Financing
Upsized and extended its revolving credit facility on July 31, 2026.
Source: Form 8-K (2026-08-04) — Item 1.01 revolving credit facility upsize and extension
Capex ÷ D&A (FY2025)
0.20x
Below depreciation — investment is being pared back
formulacapital expenditures ÷ depreciation & amortization
e.g.$24M ÷ $117M = 0.20x
termsCapital expenditures (capex) · Depreciation & amortization (D&A)
M&A spend (6-year total)
$865M
Latest year: $0
Cash-flow-statement spending on acquisitions, net of cash acquired
Where the money goes, over time
Unit: $M. Capex went from $67M in FY2020 to $24M in FY2025
- Capex
- M&A spend
formulacapital expenditures ÷ depreciation & amortization
termsCapital expenditures (capex) · Depreciation & amortization (D&A)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
08
Key figures at a glanceFrom SEC data
FY2020–FY2025, 6 years.
Revenue (FY2025)
$4.95B
As reported in the 10-K
Revenue CAGR (5 years)
+8.3%▲favorable
formula(last-period revenue ÷ first-period revenue) ^ (1 ÷ years) − 1
e.g.($4,951M ÷ $3,317M) ^ (1÷5) − 1 = 8.3%
termsCAGR · ^ (exponent) · Revenue (net sales)
Operating margin (FY2025)
22.8%▲favorable
+14.6pt vs. 5 years ago
formulaoperating income ÷ revenue × 100
e.g.$1,127M ÷ $4,951M × 100 = 22.8%
ROE (FY2025)
192.9%▲favorable
6-year average: 220.7%
As reported in the 10-K
P/B (FY2025 end)
77.72x
formulafiscal year-end closing price ÷ book value per share
e.g.$124.08 ÷ $1.60 = 77.72x
Period-end (fiscal year-end) value, not today's P/B
EV/EBITDA (FY2025 end)
15.6x
formula(market cap + interest-bearing debt − cash and equivalents) ÷ (operating income + depreciation & amortization)
e.g.($16,718M + $3,780M − $1,081M) ÷ ($1,127M + $117M) = 15.6x
termsEV/EBITDA · Market capitalization · Interest-bearing debt · EBITDA · Depreciation & amortization (D&A)
Period-end (fiscal year-end) value, not today's multiple
- ▲
Revenue grew +8.3% a year over 5 years (strong growth)
From $3.32B in FY2020 to $4.95B in FY2025. The annualized rate (CAGR) makes it possible to compare growth pace across companies of different sizes.
- ▲
Operating margin improved: 8.2% → 22.8%
How much operating profit is left per $100 of revenue. It moved +14.6 points over 5 years — pricing power, cost control, and product mix all show up here.
- ▼
Equity ratio is 2.7% (relatively heavy reliance on debt)
The share of total assets funded by equity rather than debt. 50%+ is often read as low bankruptcy risk, though the right level varies by industry (real estate and leasing run lower, for instance).
- ▲
Free cash flow was positive in 6 of 6 years
Operating cash flow minus capital expenditures: the cash left over after funding the business’s own investment, available for dividends, buybacks, acquisitions, or debt paydown. A negative year can mean heavy investment, or weak core earnings — worth distinguishing.
- ▲
ROE averaged 220.7% over 6 years (latest: 192.9%)
How much profit was generated on shareholders’ equity. Roughly 10%+ is often cited as solid for a U.S. company, though this varies a lot by industry and capital intensity.
09
Business modelSite analysis
Business Model Canvas
The whole company in nine blocks. Left side: how it delivers (partners, activities, resources, costs). Right side: who it serves and how it earns. Every entry comes from the company’s filings shown on this page.
08 · who helps
Key partners
No partners or suppliers named in the filings.
07 · what it does
Key activities
- Domain registration and aftermarket
- Website building, hosting and security
- Commerce and payments
- AI tools (GoDaddy Airo)
06 · what it draws on
Key resources
- 5,845 employees (2,414 in technology and development)
- 354 issued patents
- Domain registry relationships
02 · why customers buy
Value propositions
- Easy-to-use domains, websites, hosting and commerce tools for small businesses.
04 · how it keeps them
Customer relationships
- Subscriptions with a customer retention rate of about 85% in most years.
03 · how it reaches them
Channels
- Online direct sales and its own websites; partners for some products.
01 · who it serves
Customer segments
- Independents (microbusinesses and non-commercial endeavors)
- Domain investors
- Developers and designers
09 · where money goes
Cost structure
FY2025, share of revenue ($4.95B)
- Cost of revenue36.4%
- Selling, general & administrative7.9%
- Other operating costs33.0%
Operating profit left: 22.8% of revenue. Depreciation & amortization (inside the costs above): $117M. Capital spending: $24M.
Source: Form 10-K income statement and cash-flow statement (SEC XBRL).
05 · how money comes in
Revenue streams
- Applications and Commerce $1,889M (2025)
- Core Platform $3,062M
Value propositions, channels and customer relationships: Form 10-K (FY2025)
Sells mostly subscription products — domains, websites, hosting, email, security and commerce tools — online to small businesses and individuals, backed by customer care (GoDaddy Guides).
01 what it draws on
Inputs & resources
- 5,845 employees (2,414 in technology and development)
- 354 issued patents
- Domain registry relationships
02 what it does
Activities
- Domain registration and aftermarket
- Website building, hosting and security
- Commerce and payments
- AI tools (GoDaddy Airo)
03 who it serves
Customers
- Independents (microbusinesses and non-commercial endeavors)
- Domain investors
- Developers and designers
04 how money comes in
How it earns
- Applications and Commerce $1,889M (2025)
- Core Platform $3,062M
How the business makes money
- About 81 million domains under management at December 31, 2025.
- Deferred revenue of $3.3B at December 31, 2025.
- No country outside the U.S. exceeded 10% of revenue.
Government & regulation around the business
Non-market factors from the company’s filings: what governments and regulators fund, buy, set, approve or restrict, and which part of the flow above each one touches.
GoDaddy’s payment costs depend on card networks, and sanctions apply.
Regulated prices & reimbursement
Interchange pass-through
Card networks can pass interchange increases on to GoDaddy.
Constrains the businessTouches: Inputs & resourcesSource: Form 10-K (FY2025)
Trade & export rules
Export controls, sanctions and tariffs
Subject to export controls and sanctions.
Constrains the businessTouches: CustomersSource: Form 10-K (FY2025)
Revenue by segment (FY2025)
Unit: $M — bar length = revenue, (%) = share of total company revenue
Core Platform
3,062 (62%)Applications and Commerce
1,889 (38%)
Source: Form 10-K (FY2025) Total revenue $4,951M.
10
Where it earnsSite analysis
Many U.S.-listed companies earn most of their revenue outside the U.S. — this breaks down revenue by country/region so it's clear where the business actually makes its money.
Largest market (FY2025)
United States — 67% of revenue
Revenue by country / region (FY2025)
Unit: $M — bar length = revenue, (%) = share of total company revenue
United States
3,324 (67%)International
1,627 (33%)
Source: Form 10-K (FY2025) Revenue by customer location.
11
Contract structureSite analysisShow
Short-term or spot sales carry different earnings quality than long-term or auto-renewing contracts — this shows how the company actually contracts with its customers.
12
Customers & suppliersSite analysis
Who the company sells to and buys from. Companies rarely name either, so named counterparties come only from the company's own filings and press releases; otherwise this lists the concentration figures the 10-K discloses.
Customers
Independents (microbusinesses), domain investors, developers and designers.
Named by the company
No customer is named as material.
Suppliers
Domain registries, payment processors and technology providers.
Named by the company
No supplier is named as material.
13
Competitors & peersSite analysis
Competitors the 10-K names, and the peer group the company itself chose in its proxy statement. Nothing here is this site's own pick.
The 10-K describes competitors by category (domain registration, hosting, website creation, e-commerce, payments, cloud, security, marketing and productivity tools) without naming them.
Competitors named in the 10-K
No competitor is named in the 10-K.
Peer group the company chose
2025 compensation peer group (17 companies), from the proxy statement. Peers are companies the board considers comparable — for example when setting executive pay — not necessarily direct competitors.
Approved September 2024 with Semler Brossy; Dropbox, Etsy, Open Text and Squarespace were removed.
- Akamai Technologiessite ↗
- Autodesksite ↗
- DocuSignsite ↗
- eBaysite ↗
- Fortinetsite ↗
- Gen Digitalsite ↗
- HubSpotsite ↗
- Nutanixsite ↗
- Oktasite ↗
- Pinterestsite ↗
- Shopifysite ↗
- Toastsite ↗
- Twiliosite ↗
- VeriSignsite ↗
- Wix.comsite ↗
- Zillow Groupsite ↗
- Zoom Communicationssite ↗
Company names link to this site’s analysis where one exists; “site ↗” opens the company’s own website.
14
Six years of financialsFrom SEC data
Each chart's axis holds a single unit (never mixing dollars, %, and $/share). The table's per-period header links to the filing the numbers came from.
Revenue over time
Unit: $M
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Profit over time (operating → net)
Unit: $M
- Operating income
- Pretax income
- Net income
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Margins over time
Unit: %
- Operating margin
- Net margin
formulaoperating income ÷ revenue × 100
formulanet income attributable to the company ÷ revenue × 100
Cash flow over time
Unit: $M (below zero = cash went out)
- Operating CF
- Investing CF
- Free CF
formulacash flow from operations − capital expenditures
termsFree cash flow (FCF) · Cash flow from operations (operating CF) · Capital expenditures (capex)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Financial stability & capital efficiency
Unit: %
- Equity ratio
- ROE
formulatotal equity ÷ total assets × 100 (as reported in the 10-K)
termsStockholders’ equity · Total assets
formulanet income ÷ average equity (beginning + ending, ÷2) × 100 (as reported in the 10-K)
termsNet income (attributable to the company) · Stockholders’ equity
Earnings per share (EPS) and dividend per share
Unit: $
- EPS
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
| Line item | FY202010-K on EDGAR ↗ | FY202110-K on EDGAR ↗ | FY202210-K on EDGAR ↗ | FY202310-K on EDGAR ↗ | FY202410-K on EDGAR ↗ | FY202510-K on EDGAR ↗ |
|---|---|---|---|---|---|---|
| Income statement ($M) | ||||||
| Revenue | 3,317 | 3,816 | 4,091 | 4,254 | 4,573 | 4,951 |
| Operating income | 272 | 382 | 499 | 547 | 894 | 1,127 |
| Pretax income | -495 | 254 | 357 | 404 | 765 | 1,020 |
| Net income (attributable) | -495 | 242 | 352 | 1,375 | 937 | 875 |
| Revenue growthcalc(this year’s revenue − last year’s revenue) ÷ last year’s revenue × 100 | — | 15.0% | 7.2% | 4.0% | 7.5% | 8.3% |
| Operating margincalcoperating income ÷ revenue × 100 | 8.2% | 10.0% | 12.2% | 12.9% | 19.5% | 22.8% |
| Net margincalcnet income attributable to the company ÷ revenue × 100 | -14.9% | 6.4% | 8.6% | 32.3% | 20.5% | 17.7% |
| Balance sheet ($M) | ||||||
| Total assets | 6,433 | 7,417 | 6,974 | 7,565 | 8,235 | 8,035 |
| Total equity | -12 | 83 | -329 | 62 | 692 | 215 |
| Interest-bearing debtSum of short- and long-term borrowings, notes/bonds payable | 3,114 | 3,882 | 3,831 | 3,816 | 3,795 | 3,780 |
| Equity ratio | -0.2% | 1.1% | -4.8% | 0.8% | 8.4% | 2.7% |
| ROE | — | — | — | — | 248.4% | 192.9% |
| Cash flow ($M) | ||||||
| Operating CF | 765 | 829 | 980 | 1,048 | 1,288 | 1,599 |
| Investing CF | -482 | -636 | -132 | -102 | 22 | -25 |
| Financing CF | -582 | 298 | -1,327 | -1,262 | -677 | -1,587 |
| Free cash flowcalccash flow from operations − capital expenditures | 698 | 778 | 920 | 1,006 | 1,261 | 1,576 |
| Cash and equivalents | 765 | 1,256 | 774 | 459 | 1,089 | 1,081 |
| Per share & other | ||||||
| EPS ($) | -2.94 | 1.42 | 2.19 | 9.08 | 6.45 | 6.22 |
| BVPS ($) | -0.08 | 0.49 | -2.16 | 0.44 | 4.90 | 1.60 |
| P/E (x) | — | 59.8 | 34.2 | 11.7 | 30.6 | 20.0 |
| EV/EBITDA (x)calc(market cap + interest-bearing debt − cash and equivalents) ÷ (operating income + depreciation & amortization) | 34.5 | 28.9 | 21.0 | 25.7 | 29.7 | 15.6 |
| P/B (x)calcfiscal year-end closing price ÷ book value per share | — | 173.36 | — | 242.43 | 40.27 | 77.72 |
P/B and EV/EBITDA use each period’s period-end (fiscal year-end) figures, not the current share price. Figures without a "calc" tag are as reported in the Form 10-K (the consolidated financial statements and, for older years, earlier 10-Ks), pulled automatically from SEC EDGAR. Where a later filing restated a prior period, the restated figure is used.
Last 8 quarters
Three-month figures from 10-Q filings. Change is versus the same quarter a year earlier. Newest quarter on top.
| Quarter ended | Revenue | Operating income | Net income | Diluted EPS |
|---|---|---|---|---|
| 2026-09-30 | $1.34B+6.0% | $363M+22.2% | $262M+24.4% | $2.08 |
| 2026-06-30 | $1.3B+6.6% | $343M+28.6% | $240M+20.1% | $1.83 |
| 2026-03-31 | $1.27B+6.1% | $311M+25.6% | $215M-2.2% | $1.60 |
| 2025-12-31 † | $1.27B+6.8% | $317M+24.0% | $245M+23.4% | — |
| 2025-09-30 | $1.27B | $297M | $211M | $1.51 |
| 2025-06-30 | $1.22B | $266M | $200M | $1.41 |
| 2025-03-31 | $1.19B | $247M | $220M | $1.51 |
| 2024-12-31 † | $1.19B | $256M | $199M | — |
† Fourth quarter = the 10-K’s annual figure minus the first three quarters; quarterly EPS isn’t derived this way because share counts change during the year.
15
Is ROIC above WACC?From SEC data
ROIC (the return on money invested in the business) above WACC (the cost of raising that money) means the company is creating value. WACC is an estimate, so its assumptions can be adjusted below.
ROIC (FY2025)
21.0%
formulaoperating income × (1 − tax rate) ÷ invested capital × 100 *invested capital = interest-bearing debt + total equity (average of beginning/ending)
e.g.$1,127M × (1 − 21%) ÷ $4,241M × 100 = 21.0%
termsOperating income · Effective tax rate · Invested capital · Interest-bearing debt · Total equity
WACC (this site’s estimate)
8.30%
formulacost of equity × equity weight + cost of debt × (1 − tax rate) × debt weight
e.g.Equity weight: $16.72B ÷ ($16.72B + $3.78B) = 81.6%
e.g.Debt weight: $3.78B ÷ ($16.72B + $3.78B) = 18.4%
e.g.WACC: 9.5% × 81.6% + 4.0% × (1 − 21%) × 18.4% = 8.30%
termsCost of equity · Equity weight (E/(D+E)) · Cost of debt · (1 − tax rate) · Debt weight (D/(D+E)) · Market capitalization
How firm is this? With the equity risk premium ±1 point and beta ±0.2, WACC runs 6.9%–10.0% and ROIC − WACC runs +11.0 to +14.1 points. The sign holds across this range. This describes the latest year and does not predict future value creation.
WACC 8.30% is this site’s estimate under the assumptions below (not a figure the company has published)
- Risk-free rate
- 4.95% (10-year Treasury, 2026-11-03)
- β
- 0.82 (price-derived adjusted beta)
- Equity risk premium
- 5.5%
- Cost of equity
- 9.46%
- Cost of debt
- 3.99%
- Tax rate
- 21% (U.S. federal statutory rate (not enough data for an effective rate))
- Capital structure (equity : debt)
- 82% : 18%
ROIC over time, vs. WACC
Unit: % — bars = each period's ROIC, horizontal line = latest WACC. Bars above the line are green, below are red
- ROIC (above WACC)
- ROIC (below WACC)
- WACC 8.30%
formulaoperating income × (1 − tax rate) ÷ invested capital × 100 *invested capital = interest-bearing debt + total equity (average of beginning/ending)
termsOperating income · Effective tax rate · Invested capital · Interest-bearing debt · Total equity
formulacost of equity × equity weight + cost of debt × (1 − tax rate) × debt weight
termsCost of equity · Equity weight (E/(D+E)) · Cost of debt · (1 − tax rate) · Debt weight (D/(D+E)) · Market capitalization
Try different WACC assumptions
β and the equity risk premium are estimates with a real range of plausible values — move the sliders to check whether ROIC > WACC still holds. The risk-free rate starts at the 10-year Treasury yield on 2026-11-03 (U.S. Treasury).
Initial β: 0.82 (price-derived adjusted beta. Raw β 0.73, R² 0.10, 130 weeks)
formula0.67 × β + 0.33 (β = the slope of weekly stock returns regressed on weekly market returns)
e.g.0.67 × 0.729 + 0.33 = 0.818
termsβ (beta)
Period 2024-05-10–2026-11-04, using S&P 500 ETF (SPY) as the market proxy. Source: Yahoo Finance price history.
formularisk-free rate + β × equity risk premium
e.g.5.0% + 0.82 × 5.5% = 9.5%
termsCAPM · Risk-free rate · β (beta) · Equity risk premium (market risk premium)
formulafiscal year-end closing price × shares outstanding (= market cap)
formulainterest expense ÷ interest-bearing debt × 100 (clamped to 0–10%; falls back to the risk-free rate if there’s no debt)
16
What the price implies (DCF)From SEC data
A company's value can be written as its free cash flow divided by (cost of capital − perpetual growth). Working that backwards from the market's valuation shows how much growth the share price assumed — compared here with the company's actual past growth.
Growth the price implies (price on 2026-11-04)
-0.2%
Perpetual FCF growth: g = r − FCF ÷ EV = 8.3% − 8.5%
Past FCF growth (FY2020–FY2025)
+17.7%
Compound annual rate, 5 years
Past revenue growth (FY2020–FY2025)
+8.3%
Compound annual rate, 5 years
Inputs (FY2025): free cash flow $1.58B (operating CF − capex); enterprise value $18.57B = market cap $15.87B (latest close, 2026-11-04) + debt $3.78B − cash and short-term investments $1.08B; r = WACC of 8.3% using this page’s default assumptions (β 0.82, risk-free 5.0%, market premium 5.5%).
Three WACC scenarios
The same calculation under cautious, base and optimistic cost-of-capital assumptions (risk-free rate fixed at the 10-year Treasury yield). Pick one to load it into the sliders below.
Try your own assumptions
V = FCF ÷ (r − g). It starts at the implied growth rate, where the theoretical value equals today’s enterprise value.
Theoretical enterprise value
$18.54B
FCF $1.58B ÷ (8.3% − -0.2%)
Theoretical ÷ actual enterprise value
1.00x
Below 1x: these assumptions value the business below the market did
How sensitive the answer is
Theoretical ÷ actual enterprise value for each combination of r and g.
| g \ r | 6.3% | 7.3% | 8.3% | 9.3% | 10.3% |
|---|---|---|---|---|---|
| 0% | 1.35x | 1.16x | 1.02x | 0.91x | 0.82x |
| 2% | 1.97x | 1.60x | 1.35x | 1.16x | 1.02x |
| 4% | 3.69x | 2.57x | 1.97x | 1.60x | 1.35x |
| 6% | 28.27x | 6.52x | 3.69x | 2.57x | 1.97x |
| 8% | — | — | 28.27x | 6.52x | 3.69x |
A simplified model for seeing what the market price assumes, not a forecast or a target price. It treats free cash flow as growing at one constant rate forever; the result swings widely with small changes in r and g, and is undefined when g reaches r. Free cash flow here is operating cash flow minus capex, which is after interest — a full DCF of enterprise value would use cash flow before interest. Market cap uses the latest close (2026-11-04) × shares at fiscal year-end; free cash flow and WACC inputs are from the latest fiscal year.
17
Earnings qualityFrom SEC dataShow
The same reported profit can mean different things depending on whether it's backed by cash, driven by the core business, or the result of a one-off item. Four checks below.
- ✓
Operating CF ÷ net income: averages 2.03x
Profit is backed by cash coming in.
- ✓
Accrual ratio (latest): -8.9%
A small share of profit rests on accounting estimates.
- ✓
Core-earnings share (operating income ÷ pretax income): 111%
Most profit comes from core operations.
- ✓
Days sales outstanding: 5 → 6 days
No major slowdown in collecting on sales.
Operating CF vs. net income
Unit: $M — operating CF above net income means profit is backed by cash
- Operating CF
- Net income
formulacash flow from operations ÷ net income attributable to the company
termsCash flow from operations (operating CF) · Net income (attributable to the company)
formula(net income − operating CF) ÷ average total assets × 100
termsNet income (attributable to the company) · Cash flow from operations (operating CF) · Total assets
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Profit bridge (FY2025)
Unit: $M — what moved profit from operating income to net income
- Profit (each stage)
- Pushed profit up
- Pushed profit down
formulaoperating income ÷ income before income taxes × 100
termsOperating income · Income before income taxes (pretax income)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Receivables & inventory days
Unit: days — days grow when receivables or inventory build up faster than sales
- Days sales outstanding
formulaaverage receivables (opening + closing ÷ 2) ÷ revenue × 365
formulaaverage inventory (opening + closing ÷ 2) ÷ cost of revenue × 365
termsInventory · Cost of revenue (COGS)
Worked examples (latest period)
formulacash flow from operations ÷ net income attributable to the company
e.g.$1,599M ÷ $875M = 1.83x
termsCash flow from operations (operating CF) · Net income (attributable to the company)
formulaoperating income ÷ income before income taxes × 100
e.g.$1,127M ÷ $1,020M × 100 = 111%
termsOperating income · Income before income taxes (pretax income)
formulaaverage receivables (opening + closing ÷ 2) ÷ revenue × 365
e.g.($91M + $83M) ÷ 2 ÷ $4,951M × 365 = 6 days
formulaaverage inventory (opening + closing ÷ 2) ÷ cost of revenue × 365
termsInventory · Cost of revenue (COGS)
18
Who holds the sharesFrom SEC dataShow
How much of the stock large institutional investors report owning on SEC Form 13F, how much the directors and executive officers hold (and how much of the vote they control), and roughly how much is left for individual investors. Shown next to beta so the holder mix can be read alongside how much the stock swings.
Institutions, insiders and everyone else, 13F holdings as of 2026-06-30
“Everyone else” is what remains after shares reported on Form 13F and shares held by directors and executive officers: mostly individual investors, plus non-insider families or foundations and smaller or foreign institutions. The figures have different dates and 13F reports count some shares twice — read it as an approximate split.
- Held by 13F filers
- 100%+
- Directors & officers (shares)
- <1%
- Everyone else (est.)
- ≈0%
- Directors & officers (voting power)
- <1%
- Institutional-ownership rank
- 27 of 416
- Beta (adjusted)
- 0.82
Reported total 104.5%
individuals and other non-13F holders
no separate voting figure; shown as shares
1 = most institutional; 6% of covered companies have more
above 1 = swings more than the market
- 132.4M shares reported by 623 13F filers ÷ 126.6M shares outstanding on 2026-07-24. Option positions are excluded.
- The 13F total exceeds shares outstanding because some shares are reported twice — for example shares lent to short sellers and then bought by another manager, or holdings that overlapping managers both report.
- Directors and executive officers as a group, from the proxy statement’s beneficial-ownership table; includes shares they can acquire within 60 days.
- A large “everyone else” share can still reflect a family, trust or foundation stake held outside the board; check the proxy statement’s 5% holders.
Sources: SEC Form 13F data set (holdings as of 2026-06-30) · Form DEF 14A filed 2026-04-24 (beneficial ownership table) · Form 10-Q cover page (shares outstanding as of 2026-07-24)
19
Strengths & weaknessesSite analysis
Strengths
1. Domain leadership
Global leader in domain name registration with about 81 million domains under management.
Evidence: Form 10-K (FY2025)
2. Subscription base
20.4 million customers and deferred revenue of $3.3B at December 31, 2025.
Evidence: Form 10-K (FY2025)
3. Margin expansion
Operating income rose from $547M (2023) to $1,127M (2025).
Evidence: Form 10-K (FY2025)
Weaknesses
1. Thin equity
Stockholders’ equity was $215M at end-2025 against $3.8B of debt, after large buybacks.
Evidence: Form 10-K (FY2025)
2. Patent verdict
A $170M jury verdict for Express Mobile was upheld on infringement in May 2026; GoDaddy has appealed.
Evidence: Form 10-Q (quarter ended 2026-09-30) — Note on Commitments and Contingencies (Litigation)
20
What draws investors to itSite analysis
Why the stock can look attractive to investors — each point paired with what has to hold for it to stay true, and the opposing view. This is this site's analysis, not a recommendation to buy or sell.
P/E (FY2025)
20.0x
Price at fiscal year-end ÷ diluted EPS
Dividend yield (FY2025)
—
Dividends per share ÷ fiscal year-end price
Payout ratio (FY2025)
—
Dividends per share ÷ diluted EPS
FCF yield (FY2025)
9.4%
(Operating CF − capex) ÷ market cap
1. Cash generation
Operating cash flow rose from $765M (2020) to $1,599M (2025).
- What has to hold
- Subscriptions renew.
- The other side
- Competition and AI-driven change.
Evidence: Form 10-K (FY2025)
2. Buybacks
Class A shares fell from 169.2M (2020) to about 135M (2025).
- What has to hold
- Cash flow funds repurchases.
- The other side
- Negative or thin equity.
Evidence: Form 10-K (FY2025)
Shares and book value per share use Class A shares and equity attributable to GoDaddy Inc.; Class B shares (paired with LLC units, now nearly all exchanged) are excluded. GoDaddy pays no dividend.
21
ResilienceSite analysisShow
How well the company could absorb a bad year: its financial buffer, how its revenue and profit held up in the worst year on record, and what the 10-K says about the business's exposure to shocks. Figures and filing statements only — no overall rating.
1. Financial buffer (FY2025)
Cash & short-term investments ÷ debt due within a year
71.6x
$1.08B vs. $15M
Interest coverage (operating income ÷ interest expense)
7.5x
$1.13B vs. $151M
Free cash flow ÷ dividends paid
—
2. Worst year in the record, and the recovery
| Figure | Worst year-over-year change | Back to the prior level? |
|---|---|---|
| Revenue | No decline in the record | — |
| Operating income | No decline in the record | — |
Covers only the 6 fiscal years on record (FY2020–FY2025), which may not include a full recession — the worst year here isn’t necessarily how the company would fare in a severe downturn.
3. Business resilience (from the 10-K)
Prepaid subscriptions
Deferred revenue of $2,384M current and $935M non-current at December 31, 2025.
Source: Form 10-K (FY2025)
22
Legal & regulatory mattersSite analysisShow
Lawsuits, government investigations, enforcement actions and settlements the company discloses — where each stands, what is at stake, and what comes next. From the 10-K's Legal Proceedings and contingencies note, the latest 10-Q, and 8-Ks.
GoDaddy’s main legal exposure is the Express Mobile patent case: a November 2025 jury verdict of $170 million, upheld on infringement in May 2026 and now on appeal. It also operates under a 2025 FTC settlement order on security and advertising practices.
2 open matters (1 flagged as major) · 1 settled or closed
Express Mobile v. GoDaddy
On appealPatent / IPMajorExpress Mobile, Inc. v. GoDaddy (D. Del.)
On November 7, 2025 a Delaware jury found GoDaddy infringed two web technology patents, awarding $170.0 million and finding willfulness. On May 14, 2026 the court upheld infringement, added interest and reversed the willfulness finding; GoDaddy appealed on June 15, 2026. No liability is recognized; reasonably possible loss is zero to $170.0 million plus interest.
- Amounts
- $170.0 million verdict
- Next step
- Federal Circuit appeal.
Source: Form 10-Q (quarter ended 2026-09-30) — Note on Commitments and Contingencies (Litigation)
Johnson v. GoDaddy securities class action
PendingClass actionInvestor class (lead plaintiff Public Employees' Retirement System of Mississippi) v. GoDaddy and certain officers (S.D.N.Y.)
Filed August 21, 2026 for purchasers from September 3, 2025 to February 24, 2026, alleging misleading statements about customer acquisition strategy and promotional pricing. The lead plaintiff was confirmed on October 21, 2026; GoDaddy says it has strong defenses.
Source: Form 10-Q (quarter ended 2026-09-30) — Note on Commitments and Contingencies (Litigation)
FTC settlement on security practices
SettledRegulatory proceedingFederal Trade Commission and GoDaddy
Settlement of FTC charges about security practices and advertising, approved May 21, 2025, requires specific hosting-security measures for at least 20 years.
Source: Form 10-Q (quarter ended 2026-09-30) — Note on Commitments and Contingencies (Litigation)
Company statement: Other proceedings are described as ordinary-course and not expected to be material.
Based on Form 10-Q (quarter ended 2026-09-30) — Note on Commitments and Contingencies (Litigation), reviewed 2026-10-25. Routine ordinary-course claims are not listed. “Major” is this site’s judgment of which matters could materially affect results.
23
Risks (including geopolitical)Site analysis
Starting from the 10-K's Risk Factors section, organized by category — geopolitical, currency, raw materials, regulatory, disaster, and more — with impact and likelihood assessed by this site.
Risk map
Vertical = impact on results, horizontal = likelihood. Upper right = most severe. Numbers match the list below (placement is this site’s own assessment).
Likelihood →
"Company disclosure" vs. "this site’s assessment"
The description and mitigation for each risk are this site’s summary of the 10-K’s "Risk Factors" section. Impact and likelihood are this site’s own assessment, not the company’s — where the company discloses its own likelihood assessment, that is noted in the summary.
Impact is judged from how large the affected business is relative to total revenue/profit, and from the risk’s track record of moving results in the past. Likelihood is judged from the filing’s wording and the current business environment (already occurring, or recurring). See the rating criteria.
- 1Competition & technology shift
Competition and AI
- Company disclosure (summarized from the 10-K)
- Competes with domain, hosting, website, e-commerce, payments, cloud and security providers; evolving AI technologies may change customer behavior.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact High / Likelihood High
- 2Law & regulation
Litigation and FTC order
- Company disclosure (summarized from the 10-K)
- Express Mobile patent case (loss up to $170M reasonably possible) and a 20-year FTC order on hosting security.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact Med / Likelihood Med
- 3Information security
Security incidents
- Company disclosure (summarized from the 10-K)
- The FTC settlement related to security practices; breaches could harm customers and reputation.
- Company’s stated mitigation
- The Audit Committee receives verbal and written reports at least quarterly from GoDaddy's Chief Information Security Officer (CISO) regarding our company's cybersecurity risk management program and cybersecurity-related risks.
- This site’s assessment
- Impact Med / Likelihood Med
- 4Funding & liquidity
Leverage
- Company disclosure (summarized from the 10-K)
- Long-term debt of about $3.8B.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact Med / Likelihood Low
24
What changed in the risk factorsFrom SEC data
Paragraphs in the latest 10-K's Risk Factors that have little overlap with the year before, and paragraphs that were dropped.
New or substantially reworded (8)
• Our use, development, adoption, deployment and maintenance of AI and other new and evolving technologies may present significant risks, which could result in increased costs, litigation, reputational harm and liability.
Our use, development, adoption, deployment and maintenance of AI and other new and evolving technologies may present significant risks, which could result in increased costs, litigation, reputational harm and liability.
Evolving technologies, including AI-based technologies, and changes in customer behavior and practices with respect to the internet may impact the demand for and value of our products and services.
In addition, advances in AI, including tools that enable customers to create, modify, and deploy websites, applications or digital experiences using AI-powered platforms, including those that utilize natural language or other high-level inputs rather than traditional development workflows, may alter customer expectations and behavior with respect to website creation, hosting and management. If customers increasingly rely on third-party AI platforms, closed ecosystems or other competing services, including those that offer automated or natural-language-driven website creation and hosting capabilities, demand for our website building tools, hosting products, domain names or related services could decline or pricing pressure could increase, which could materially and adversely affect our business.
Our international business and operations subject us to a variety of risks, including related to political, economic, social and other risks, some of which we may not generally encounter in the U.S. Read more
Such risks may include, but are not limited to:
In addition, geopolitical changes, such as trade disruptions, including the imposition of tariffs by the U.S. Read more
on imports from certain countries and any resulting counter-tariffs, political unrest, warfare and military or armed conflict, including those involving China, Ukraine/Russia and the Middle East and the resulting macro-economic impacts from such geopolitical changes, could impair our growth prospects and adversely affect our business, operating results and financial condition. Although our business has not been materially negatively impacted to date by the conflicts between Russia and Ukraine and those in the Middle East, our business and operations could be materially negatively impacted by these or other conflicts or geopolitical changes in the future, and it is impossible to predict the extent of any such impacts, including over the long term.
We rely on certain relationships with partners to offer and support key products and services, some of whom create integrations with our products, including Microsoft Corporation, a critical provider of email and related productivity tools through Microsoft 365, and others that create integrations with third-party applications and platforms used by our customers, such as advanced email security provided by ProofPoint, Inc., email backup and migration services provided by SkyKick and email archiving services provided by Barracuda. Our email offerings are a core component of many customers' productivity and daily operations and our ability to provide these services at scale depends, in significant part, on the continued availability, functionality and commercial terms of our partnerships, including with Microsoft and other email providers. We also maintain partnerships to help provide…
Tax laws are dynamic and subject to change as new laws are passed and new interpretations of existing laws are issued or applied. Read more
The Organization for Economic Co-operation and Development (OECD) has and continues to release guidance and certain countries have enacted legislation, with widespread implementation of the Pillar Two framework expected in the near future. The Pillar Two framework and associated laws, rules, regulations and guidance across jurisdictions have not yet been fully adopted, implemented or released. We are unable to predict when and how additional rules will be enacted in additional countries, and it is possible that such legislation, when implemented, could have a material effect on our liability for taxes. Although the U.S. has not enacted legislation to implement the Pillar Two framework, certain countries in which we operate have adopted legislation, and other…
No longer in the text (4)
device to our line of GoDaddy Smart Terminals and providing on-the-go solutions such as Tap-to-Pay in the GoDaddy Mobile App, Pay Links and Virtual Terminal.
The use of new and evolving technologies, such as AI, in our offerings may result in reputational harm and liability.
Evolving technologies and administration of the Internet, and the resulting changes in customer behavior and customer practices may impact the value of and demand for our products, including domain names and our websites.
Geopolitical changes could impair our growth prospects and adversely affect our business, operating results and financial condition, such as geopolitical events involving China, Ukraine/Russia and the Middle East. Read more
Certain of our operations and business are in higher risk regions such as China, India and Ukraine. We do not have material operations in China or Ukraine but our operations have grown, and we may continue to grow in India. Although we have not seen a material impact, these and other factors associated with our international business could impair our growth prospects and adversely affect our business, operating results and financial condition. In addition, following Russia’s invasion of Ukraine, the U.S., UK and E.U. governments, among others, developed coordinated financial and economic sanctions targeting Russia. As such, we opted to shut down our GoDaddy website in Russia…
16 more paragraphs differ; the filings below have the full text.
Matched automatically, quoted as filed, and may include rewording of an existing risk. Compares Item 1A of the 10-K filed Feb 25, 2026 ↗ with the 10-K filed Feb 20, 2025 ↗.
25
What to watch going forwardSite analysis
- Applications and Commerce growth (38% of 2025 revenue).
- Adoption of GoDaddy Airo AI tools.
- Federal Circuit appeal in Express Mobile.
- Pace of share repurchases.
26
Source documentsShow
This page's financial figures come from the Form 10-Ks listed below. Check the original filings for full detail.
Last updated
Analysis last edited: October 31, 2026 · Financial data fetched: October 24, 2026 15:18 (SEC EDGAR) · Source 10-K filed: February 25, 2026
Built on10-K FY2025 · filed 2026-02-25Proxy statement (2026)
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
This page is this site’s own analysis based on public information, and does not represent GoDaddy’s views. It is not a recommendation to buy or sell any security, and this site does not guarantee the accuracy of any figure or statement here. Always verify against the original source documents before making an investment decision.