olivLaw · US equity research
GoDaddy Inc. GDDY
Services-Computer Integrated Systems Design · SIC 7373 · Vertical: Services-Computer Integrated Systems Design (SIC 7373)
GoDaddy is a global platform for small businesses and entrepreneurs, offering domains, websites, AI tools, business email and commerce solutions to more than 20 million customers. It is trying to become a trust layer for AI agents, which makes its evolution over the next years relevant. Revenue reached 4951.1 million USD in fiscal 2025, and guidance for 2026 points to a range of 5215 to 5255 million USD.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, GoDaddy Inc. (GDDY) stock was 118.32 USD (+4.29% on the day), with market capitalisation 14.3 bn USD, P/E 16.2 on diluted EPS of 7.31 USD over the last 12 months, beta 0.57, 52-week range 74.99–133.10 USD. Latest reported quarter (Q3 2026): revenue of 1.3 bn USD (+6.0% YoY), net income of 261.8 m USD (+24.4% YoY), diluted EPS 2.08 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 64.5
- strong (55–70)
- Bollinger (20, 2)
- 98.86 – 118.62
- in the upper half of the band · %B 0.98 · band width 18.2%
- SMA 50 / 200
- 102.45 / 92.09
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 3.94 / 3.25
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +18.6% | −1.1% | +19.7 pp | — |
| 3 months | +28.9% | −0.5% | +29.4 pp | — |
| 6 months | +38.9% | +4.4% | +34.5 pp | — |
| Year to date | −4.6% | +12.3% | −17.0 pp | — |
| 1 year | −12.5% | +13.5% | −26.0 pp | −34.8% |
| 3 years | +38.3% | +76.4% | −38.1 pp | −27.7% |
| 5 years | +62.6% | +63.7% | −1.1 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 bn | 1.2 bn | 1.2 bn | 1.3 bn | 1.3 bn | 1.3 bn | 1.3 bn | 1.3 bn |
| Cost of revenue | 421.8 m | 440.5 m | 442.3 m | 468.3 m | 450.4 m | 459.1 m | 469.8 m | 498.8 m |
| Operating income | 255.6 m | 247.3 m | 266.3 m | 296.7 m | 317.0 m | 310.5 m | 342.5 m | 362.5 m |
| Depreciation & amortisation | 32.2 m | 30.8 m | 30.6 m | 28.4 m | 26.8 m | 24.2 m | 13.3 m | 12.7 m |
| Interest expense | 38.1 m | 37.2 m | 38.3 m | 38.3 m | 37.2 m | 37.8 m | 37.4 m | 37.7 m |
| Pre-tax income | 226.3 m | 220.0 m | 239.1 m | 267.0 m | 293.9 m | 281.9 m | 317.0 m | 332.6 m |
| Income tax | 27.7 m | 500.0 k | 39.2 m | 56.5 m | 48.8 m | 67.3 m | 76.9 m | 70.8 m |
| Net income | 198.6 m | 219.5 m | 199.9 m | 210.5 m | 245.1 m | 214.6 m | 240.1 m | 261.8 m |
| Diluted EPS | 1.36 ≈ | 1.51 | 1.41 | 1.51 | 1.80 ≈ | 1.60 | 1.83 | 2.08 |
| Operating cash flow | 340.5 m | 404.7 m | 379.9 m ≈ | 444.2 m ≈ | 370.6 m | 471.5 m | 442.5 m ≈ | 487.7 m ≈ |
| Capex | 14.4 m | 3.6 m | 4.1 m ≈ | 9.3 m ≈ | 6.9 m | 4.6 m | 5.1 m ≈ | 11.9 m ≈ |
| Share repurchases | 8.4 m | 767.4 m | 25.1 m ≈ | 590.5 m ≈ | 218.9 m | 280.5 m | 543.9 m ≈ | 480.6 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 43 percentile of its own 7-quarter history (min 12.6, median 19.9, max 34.6; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.7 bn | 3.0 bn | 3.3 bn | 3.8 bn | 4.1 bn | 4.3 bn | 4.6 bn | 5.0 bn |
| Revenue YoY | +19.2% | +12.3% | +11.0% | +15.0% | +7.2% | +4.0% | +7.5% | +8.3% |
| Net income | 77.1 m | 137.0 m | -495.1 m | 242.3 m | 352.2 m | 1.4 bn | 936.9 m | 875.0 m |
| Net income YoY | −43.5% | +77.7% | −461.4% | unavailable | +45.4% | +290.3% | −31.9% | −6.6% |
| Diluted EPS | unavailable | unavailable | unavailable | unavailable | unavailable | 9.08 | 6.45 | 6.22 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | −29.0% | −3.6% |
| net % | 2.9% | 4.6% | -14.9% | 6.4% | 8.6% | 32.3% | 20.5% | 17.7% |
| Free cash flow | 472.1 m | 635.8 m | 698.1 m | 778.2 m | 920.0 m | 1.0 bn | 1.3 bn | 1.6 bn |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 1.1 bn USD
- Financial debt
- 3.8 bn USD
- Net debt
- 2.7 bn USD
- Equity
- 215.1 m USD
- Total assets
- 8.0 bn USD
- Debt / equity
- 17.57x
- Current ratio
- 0.61x
- ROE
- 192.9%
- ROA
- 10.8%
- FCF margin
- 31.8%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 3.3 bn | 3.8 bn | 4.1 bn | 4.3 bn | 4.6 bn | 5.0 bn | SEC (XBRL)· 25 Feb 2026verified |
| Cost of revenue | 1.2 bn | 1.4 bn | 1.5 bn | 1.6 bn | 1.7 bn | 1.8 bn | SEC (XBRL)· 25 Feb 2026verified |
| Gross profit | 2.2 bn ≈ | 2.4 bn ≈ | 2.6 bn ≈ | 2.7 bn ≈ | 2.9 bn ≈ | 3.1 bn ≈ | SEC (XBRL)· 25 Feb 2026derived |
| Operating income | 272.2 m | 382.1 m | 498.8 m | 547.4 m | 893.5 m | 1.1 bn | SEC (XBRL)· 25 Feb 2026verified |
| Depreciation & amortisation | 202.7 m | 199.6 m | 194.6 m | 171.3 m | 135.3 m | 116.6 m | SEC (XBRL)· 25 Feb 2026verified |
| EBITDA | 474.9 m ≈ | 581.7 m ≈ | 693.4 m ≈ | 718.7 m ≈ | 1.0 bn ≈ | 1.2 bn ≈ | SEC (XBRL)· 25 Feb 2026derived |
| Interest expense | 91.3 m | 126.0 m | 146.3 m | 179.0 m | 158.3 m | 151.0 m | SEC (XBRL)· 25 Feb 2026verified |
| Pre-tax income | -495.4 m | 253.6 m | 356.5 m | 403.8 m | 765.4 m | 1.0 bn | SEC (XBRL)· 25 Feb 2026verified |
| Income tax | -1.3 m | 10.8 m | 3.6 m | -971.8 m | -171.5 m | 145.0 m | SEC (XBRL)· 25 Feb 2026verified |
| Net income | -495.1 m | 242.3 m | 352.2 m | 1.4 bn | 936.9 m | 875.0 m | SEC (XBRL)· 25 Feb 2026verified |
| Diluted EPS | — | — | — | 9.08 | 6.45 | 6.22 | SEC (XBRL)· 25 Feb 2026verified |
| Weighted average diluted shares | — | — | — | 151.5 m | 145.3 m | 140.6 m | SEC (XBRL)· 25 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Revenue − Cost of revenue; Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 765.2 m | 1.3 bn | 774.0 m | 458.8 m | 1.1 bn | 1.1 bn | SEC (XBRL)· 25 Feb 2026verified |
| Receivables | 41.8 m | 63.6 m | 60.1 m | 76.6 m | 91.1 m | 83.1 m | SEC (XBRL)· 25 Feb 2026verified |
| Current assets | 1.3 bn | 1.9 bn | 1.6 bn | 1.3 bn | 2.0 bn | 1.8 bn | SEC (XBRL)· 25 Feb 2026verified |
| Property, plant & equipment, net | 257.3 m | 220.0 m | 225.6 m | 185.3 m | 156.4 m | 145.4 m | SEC (XBRL)· 25 Feb 2026verified |
| Goodwill | 3.3 bn | 3.5 bn | 3.5 bn | 3.6 bn | 3.5 bn | 3.6 bn | SEC (XBRL)· 25 Feb 2026verified |
| Intangibles (excl. goodwill) | 1.3 bn | 1.4 bn | 1.3 bn | 1.2 bn | 1.1 bn | 986.3 m | SEC (XBRL)· 25 Feb 2026verified |
| Total assets | 6.4 bn | 7.4 bn | 7.0 bn | 7.6 bn | 8.2 bn | 8.0 bn | SEC (XBRL)· 25 Feb 2026verified |
| Accounts payable | 51.0 m | 85.2 m | 130.9 m | 148.1 m | 81.6 m | 67.5 m | SEC (XBRL)· 25 Feb 2026verified |
| Short-term debt | 24.3 m | 24.1 m | 18.2 m | 17.9 m | 15.9 m | 15.1 m | SEC (XBRL)· 25 Feb 2026verified |
| Long-term debt | 3.1 bn | 3.9 bn | 3.8 bn | 3.8 bn | 3.8 bn | 3.8 bn | SEC (XBRL)· 25 Feb 2026verified |
| Current liabilities | 2.3 bn | 2.4 bn | 2.5 bn | 2.7 bn | 2.7 bn | 3.0 bn | SEC (XBRL)· 25 Feb 2026verified |
| Equity | -11.8 m | 83.2 m | -329.3 m | 62.2 m | 692.1 m | 215.1 m | SEC (XBRL)· 25 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 764.6 m | 829.3 m | 979.7 m | 1.0 bn | 1.3 bn | 1.6 bn | SEC (XBRL)· 25 Feb 2026verified |
| Capex | 66.5 m | 51.1 m | 59.7 m | 42.0 m | 26.6 m | 23.9 m | SEC (XBRL)· 25 Feb 2026verified |
| Free cash flow | 698.1 m ≈ | 778.2 m ≈ | 920.0 m ≈ | 1.0 bn ≈ | 1.3 bn ≈ | 1.6 bn ≈ | SEC (XBRL)· 25 Feb 2026derived |
| Investing cash flow | -482.3 m | -635.6 m | -132.0 m | -102.4 m | 21.5 m | -25.1 m | SEC (XBRL)· 25 Feb 2026verified |
| Financing cash flow | -581.7 m | 298.1 m | -1.3 bn | -1.3 bn | -677.4 m | -1.6 bn | SEC (XBRL)· 25 Feb 2026verified |
| Share repurchases | 541.7 m | 526.0 m | 1.3 bn | 1.3 bn | 676.5 m | 1.6 bn | SEC (XBRL)· 25 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 58 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 14.3 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet29
- Valuation61
- Quality83
- Growth36
- Returns100
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 10.24 – 369.01 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)216.81 – 369.01 (Mid 273.49)WACC 8.3% · starting FCFF 1.9 bn USD · terminal value share of EV 76%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: starting growth implied by the price (fading linearly to terminal growth, everything else fixed): -23.1%
- Peers: EV/Sales10.24 – 40.38 (Mid 19.65)10 companies used · median multiple 1.0x · quartiles 0.8x – 1.5xCACI, CREX, DAIC, FUSE, KD, LDOS, OTEX, PSN, RBBN, SAIC
- Peers: EV/EBITDA115.01 – 162.37 (Mid 144.44)6 companies used · median multiple 14.3x · quartiles 11.8x – 15.9xASUR, CACI, LDOS, PSN, SAIC, WAY
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 58/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 63.7% | 59 (on a fixed band) | 11% |
| EBIT margin · Quality | 25.7% | 97 (vs peers) | 9% |
| FCF margin · Quality | 33.7% | 100 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 6.6% | 26 (on a fixed band) | 17% |
| Revenue growth (YoY) · Growth | 8.3% | 57 (vs peers) | 9% |
| Net debt / EBITDA · Balance sheet | 1.9x | 57 (vs peers) | 6% |
| Current ratio · Balance sheet | 0.6x | 0 (on a fixed band) | 6% |
| EV/Sales · Valuation | 3.3x | 31 (vs peers) | 17% |
| FCF yield · Valuation | 12.2% | 100 (on a fixed band) | 13% |
| Shareholder yield (distributions) · Returns | 10.6% | 100 (on a fixed band) | 4% |
Score groups
- Balance sheet29/100 · 2/2 factors with a value
- Growth36/100 · 2/2 factors with a value
- Quality83/100 · 3/3 factors with a value
- Returns100/100 · 1/1 factors with a value
- Valuation61/100 · 2/2 factors with a value
Memo
GoDaddy Inc. (GDDY). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 5.0 bn USD in 2025; YoY growth 8.3%; net margin 18.6%; net debt/EBITDA 1.9x.
The estimated value range is 115.01–162.37 USD per share (median of 3 methods, agreement: low); assumptions are illustrative. Against the central value of 144.44 USD, the price of 118.32 USD leaves a potential of 22.1% (value / price − 1) and a margin of safety of 18.1% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 58/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EBIT margin: 25.7%
- FCF margin: 33.7%
- FCF yield: 12.2%
- Shareholder yield (distributions): 10.6%
What contradicts it
- Revenue CAGR 3Y: 6.6%
- Current ratio: 0.6x
- The valuation methods diverge
Versus the vertical median
Services-Computer Integrated Systems Design (SIC 7373) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| LDOSLeidos Holdings, Inc. | 16.6 bn | 12.2 | 28.2% | 8.0% | +3.1% | −29% / +26% |
| GDDYGoDaddy Inc. | 14.3 bn | 16.2 | — | 18.6% | +8.3% | −12% / +38% |
| CACICACI International Inc | 14.0 bn | 25.9 | 12.5% | 5.5% | +10.9% | +2% / +97% |
| JKHYJack Henry & Associates, Inc. | 12.6 bn | 25.7 | 24.0% | 19.8% | +7.1% | +3% / +13% |
| IONQIonQ, Inc. | 11.3 bn | — | -60.8% | -553.3% | +201.9% | −40% / +142% |
| OTEXOpen Text Corp | 6.4 bn | 10.3 | 16.2% | 12.3% | +1.5% | −21% / −34% |
| SAICScience Applications International Corporation | 6.3 bn | 17.6 | 25.7% | 5.1% | −2.9% | +75% / +28% |
| WAYWaystar Holding Corp. | 5.7 bn | 42.9 | 3.7% | 10.7% | +16.5% | −20% / unavailable |
| PSNParsons Corporation | 5.5 bn | 38.2 | 5.7% | 2.3% | −5.7% | −38% / −16% |
| KDKyndryl Holdings, Inc | 3.7 bn | 48.9 | 6.8% | 0.5% | +0.2% | −35% / −7% |
| AGYSAgilysys, Inc. | 3.5 bn | 78.5 | 13.6% | 12.9% | +15.9% | −0% / +42% |
| NTCTNetscout Systems Inc | 2.8 bn | 23.3 | 7.5% | 13.7% | +4.5% | +42% / +90% |
| AURAurora Innovation, Inc. | 2.6 bn | — | -45.7% | -13,328.6% | unavailable | −3% / +86% |
| PONYPony AI Inc. | 2.1 bn | — | -10.3% | -148.9% | +20.0% | −65% / unavailable |
| OSPNOneSpan Inc. | 872.9 m | 13.2 | 26.8% | 27.5% | +0.0% | +94% / +136% |
| TLSTelos Corporation | 378.2 m | — | -14.9% | -8.1% | +52.2% | −12% / +23% |
| SLPSimulations Plus, Inc. | 374.2 m | 46.7 | 6.2% | 9.9% | +13.1% | unavailable / unavailable |
| SMRTSmartrent, Inc. | 307.5 m | — | -7.6% | -11.0% | −12.9% | −6% / −48% |
| ASURAsure Software, Inc. | 293.6 m | — | -1.9% | — | +24.3% | +22% / +22% |
| VEEAVeea Inc. | 281.2 m | — | — | -2,491.9% | +56.6% | −55% / −98% |
| RBBNRibbon Communications Inc. | 275.9 m | 22.5 | 5.0% | 2.3% | +1.3% | −46% / −28% |
| KDKKodiak AI, Inc. | 220.7 m | — | — | -4,259.6% | −74.6% | −82% / unavailable |
| UISUnisys Corp | 171.4 m | — | — | -21.7% | −2.9% | −12% / −51% |
| AIOSAIOS Tech Inc. | 138.9 m | — | -208.9% | -4,359.1% | −98.5% | −87% / −86% |
| MRLNMerlin, Inc. | 91.5 m | — | — | — | unavailable | −92% / unavailable |
1- and 3-year price returns: for GDDY from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 77.48 Total return -35% · Per year -35% | 136.85 Total return 16% · Per year 16% | 205.95 Total return 74% · Per year 74% |
| 3 years | 78.35 Total return -34% · Per year -13% | 155.41 Total return 31% · Per year 10% | 256.34 Total return 117% · Per year 29% |
| 5 years | 79.23 Total return -33% · Per year -8% | 176.48 Total return 49% · Per year 8% | 319.06 Total return 170% · Per year 22% |
- Exit P/E± 38.85
- Net margin± 27.20
- Annual revenue growth± 21.89
- Annual dilution± 2.29
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 31 Jul 2026; since then the company filed 10-Q (30 Oct 2026), 8-K (29 Oct 2026 · results).
In brief
GoDaddy is a global platform for small businesses and entrepreneurs, offering domains, websites, AI tools, business email and commerce solutions to more than 20 million customers. It is trying to become a trust layer for AI agents, which makes its evolution over the next years relevant. Revenue reached 4951.1 million USD in fiscal 2025, and guidance for 2026 points to a range of 5215 to 5255 million USD 13.
SWOT
Strengths
- The company has a large customer base, high retention and an extensive domain portfolio, giving it a solid position in online identity 12.
- Profit margins have risen and operating cash flow is strong, allowing investment and share repurchases 3.
- The company has strong brand recognition and an integrated platform that reduces the effort customers need to use several providers 1.
Weaknesses
- Growth in the Core Platform segment has lagged the Applications and Commerce segment in recent quarters 3.
- The company carries substantial debt, which limits financial flexibility if revenue were to decline 3.
- Its customer base is made up mostly of microbusinesses with limited budgets, which makes revenue sensitive to economic conditions 1.
Opportunities
Threats
- Competition is intensifying, and rivals' price cuts or free bundles could reduce average revenue per user 1.
- Regulatory changes on AI, domains and payments could raise compliance costs 1.
- If AI agents reduce the need for manual domain registration and classic site building, demand for core products could weaken 1.
Risks
- Adoption of new productshigh
If new products and AI features are not adopted by customers, competitiveness and expected growth could be affected 1.
- Risks from AIhigh
Developing and using AI can lead to litigation, compliance requirements and reputational harm, especially for agents with high autonomy 1.
- Cybersecurity and availabilitymedium
System outages or security incidents could affect services and the company's reputation 1.
- Indebtednessmedium
The high level of debt could limit financing capacity and flexibility during periods of lower revenue 13.
- Regulation of payments and domainslow
Legal changes on payments and domain registration could bring extra costs or restrictions 1.
Investment thesis
What would need to be true (bull case)
- If growth in Applications and Commerce and Airo adoption continue, the company could keep revenue growth in line with guidance and expand margins 3.
- A role as identity provider for the agent internet could open new revenue sources through services and partnerships 13.
- Strong cash flow and the share repurchase program could support shareholder value if capital discipline holds 3.
What would break the thesis
- If the Core Platform segment stays slow, total growth could depend heavily on software sales with lower margins 3.
- If AI agents reduce the need for traditional domains and websites, the renewal model could weaken 1.
- High debt and competitive pressure could limit the company's flexibility if the economy weakens 13.
What to watch
- Third-quarter results compared with revenue guidanceQ3 2026
- Updated full-year revenue and cash flow guidance2026
- Development of Airo bookings and agent adoptionnext 10-K
- Refreshed financial targets at the investor eventDec 2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 31 Jul 2026; since then the company filed 10-Q (30 Oct 2026), 8-K (29 Oct 2026 · results).
The business
GoDaddy provides entrepreneurs, freelancers, organizations and domain investors with an integrated ecosystem organized around three themes: identity, presence and commerce. The company has more than 20.4 million customers, mostly microbusinesses with fewer than five employees 1. It launched Airo, a suite of AI tools that helps with domain naming, logo creation and website building, and is developing Agent Name Service, an open architecture meant to provide trust for AI agents 1.
The business model relies on subscriptions and renewals, with a customer retention rate of about 85% in each of the last five years, except 2024 1. The company manages a domain portfolio that exceeded 80 million at the end of 2025 and kept growing in the first half of 2026 2. Revenue is split into two segments: Applications and Commerce, covering sites, marketing, email and payments, and Core Platform, covering domain registrations, hosting and security.
The company also reports growth metrics such as total bookings, ARR and average revenue per user, which it uses to measure how well it sells additional products to existing customers 12. In the first half of 2026, ARPU reached 250 USD, compared with 230 USD a year earlier 2.
Segments
Market context
GoDaddy operates in the market for small businesses and entrepreneurs building an online presence, where demand depends on how many new businesses are formed and how much they spend on technology 1. The company also operates internationally: international revenue was 1626.8 million USD in 2025 1, and 427.1 million USD in the second quarter of 2026 3.
The markets it competes in are described as constantly changing, with new products and evolving standards, especially under the influence of artificial intelligence 1. The development of AI agents could create new identity and trust needs online, but could also change how customers reach domains and websites 1.
Trends
- Artificial intelligence and agentstailwind
The company invests in Airo and in AI agents that can guide customers through domain search, logo creation and website building. If these tools lift conversion and adoption, they could support revenue growth, and management says Airo adoption is accelerating 13.
- Risks from AIheadwind
Using AI brings regulatory, copyright, privacy and reputational risks, and agents with greater autonomy can produce unintended actions 1. Compliance costs could raise operating expenses if regulation multiplies 1.
- Shifts in online behaviormixed
If entrepreneurs build their presence through large platforms or AI tools that replace classic domain search, demand for the company's traditional services could decline 1. The company says identity and naming elements could become more important in an open internet dominated by agents 1.
- Sensitivity to small business economicsheadwind
Its customers often have limited budgets and may cut spending on online tools during periods of economic uncertainty, which could affect renewals and revenue 1.
Competitive position
The company says it faces intense competition across its products and expects it to intensify 1. Competition comes from hosting, domain, website and payments providers, as well as platforms offering the same functions as integrated bundles 1.
Its advantages include brand recognition, platform scale and payment fees described as the lowest in the industry, but no competitor covers all three themes of the entrepreneur's wheel 1. Price competition could nevertheless limit its ability to raise prices 1.
- Website and site-building platforms
Website builders and web creation tools that compete directly with its Websites and Marketing offering, as described in its risk factors 1.
- Domain registrars and hosting providers
Registrars and hosting providers competing for the same customers in the Core Platform segment 1.
- Payment processors for small merchants
Companies offering payments and point-of-sale solutions in competition with GoDaddy Payments and its Smart Terminal line 1.
- AI agent and identity infrastructure providers
Players that could offer competing solutions for AI agent identity, an area the company is developing through Agent Name Service 13.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
- Why GoDaddy Stock Withered on WednesdayYahoo Finance — News · 26 Aug 2026 · EN
- Centrul din Iaşi al americanilor de la GoDaddy a coborât la afaceri de 92 mil. lei în 2025, după vârful din 2024, iar profitul a scăzut cu 23%, la 2,8 mil. leiZiarul Financiar · 17 Jul 2026 · RO
The latest news item in our archive is from 26 Aug 2026; the newest SEC filing is from 30 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Quarterly report30 Oct 2026
- Current report29 Oct 2026Results of operations · Financial statements and exhibits
- Current report04 Aug 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Quarterly report31 Jul 2026
- Current report30 Jul 2026Results of operations · Financial statements and exhibits
- Current report05 Jun 2026Departure or appointment of officers · Shareholder vote · Financial statements and exhibits
- Quarterly report01 May 2026
- Current report30 Apr 2026Results of operations · Financial statements and exhibits
- Proxy statement24 Apr 2026
- Annual report25 Feb 2026
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / GoDaddy Inc. · 25 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / GoDaddy Inc. · 31 Jul 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / GoDaddy Inc. · 30 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.