GoDaddy Inc. engages in the design and development of cloud-based products in the United States and internationally. It operates in two segments: Applications and Commerce (A&C), and Core Platform (Core).
Q2 2026 results
GoDaddy is held as a short position in the US Long/Short Strategy. The company reported June quarter results after the close on Thursday 30 July.
Revenue rose 6.6 percent year on year to $1,298.0 million, roughly in line with the $1.29 billion consensus. GAAP diluted earnings per share of $1.83 rose from $1.53 and came in ahead of estimates that ranged from $1.69 to $1.72. GoDaddy does not report a non-GAAP earnings figure, so coverage describing $1.83 as adjusted EPS is mislabelling the GAAP number. Net income rose 20.1 percent to $240.1 million.
| Metric | Actual | Consensus |
| Revenue | $1,298.0m | ~$1.29bn |
| GAAP diluted EPS | $1.83 | $1.69 to 1.72 |
| Normalised EBITDA | $434.1m | $425.6m |
| FY26 revenue guidance | $5.215 to 5.255bn | midpoint unchanged |
Margins did the work. Operating income rose 28.6 percent to $342.5 million, lifting the operating margin 450 basis points to 26.4 percent. Normalised EBITDA rose 13.7 percent to $434.1 million at a 33.4 percent margin. Free cash flow rose 13.3 percent to $443.5 million, and trailing twelve month free cash flow reached $1.73 billion.
Applications and Commerce revenue rose 11.0 percent to $514.8 million at a 46.8 percent segment margin. Core Platform revenue rose 3.9 percent to $783.2 million. Annualised recurring revenue rose 5.7 percent to $4.42 billion and bookings rose 5.7 percent to $1.42 billion. Customer count reached 20.5 million, up 22,000 in the quarter, with average revenue per user up 8.7 percent to $250. Customers spending more than $500 a year rose to about 2.2 million from 2.0 million.
Airo, the AI product suite, reached a $50 million annualised bookings run rate, five times the $10 million disclosed a quarter earlier. Management also said the transition to Airo cost roughly 100 basis points of bookings growth as legacy professional services and website capabilities folded into the platform. GoDaddy repurchased 9.8 million shares for $851.8 million through 29 July, cutting fully diluted shares about 7 percent since the start of the year.
Guidance was the sticking point. Third quarter revenue guidance of $1.315 to $1.335 billion implies about 5 percent growth against the toughest aftermarket comparison of the year. Full-year revenue guidance narrowed to $5.215 to $5.255 billion with the midpoint unchanged.
Shares closed the regular session down 5.5 percent at $99.33, then fell a further 9.4 percent after hours to $90.02, about 14 percent below the prior close.
