GoDaddy (GDDY) FY2023 results: revenue $4.3 billion, up 4.0% on the year
GoDaddy Inc. (GDDY) reported revenue of $4.3 billion for fiscal 2023, the year ended 31 December 2023, up 4.0% on the year before. Net income was $1.4 billion, up 290.3%, and diluted earnings per share $9.08. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2024.
Revenue
$4.3 billion
+4.0% on the year
FY2016FY2023
Operating margin
12.9%
12.2% a year earlier
FY2016FY2023
Net income
$1.4 billion
+290.3% on the year
FY2016FY2023
Diluted EPS
$9.08
+314.6% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,048
980
829
+6.9%
Capital expenditure
42.0
59.7
51.1
-29.6%
Free cash flow
1,006
920
778
+9.3%
Free cash flow margin
23.6%
22.5%
20.4%
Cash from investing
-102
-132
-636
Cash from financing
-1,262
-1,327
298
Depreciation and amortisation
171
195
200
-12.0%
Share-based compensation
296
264
208
+12.1%
Buybacks
1,270
1,295
526
-1.9%
Diluted shares, weighted
151m
161m
171m
-6.2%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
62.2
-332
81.7
Non-controlling interest
0.0
2.5
1.5
Debt
3,816
3,831
3,882
-0.4%
Operating lease liabilities
90.2
116
143
-22.6%
Other liabilities
3,596
3,355
3,309
+7.2%
Total liabilities and equity
7,565
6,974
7,417
+8.5%
Fixed assets
185
226
220
-17.9%
Goodwill
3,569
3,537
3,541
+0.9%
Intangible assets
1,159
1,252
1,385
-7.5%
Investments
40.0
0.0
n/a
Cash and equivalents
459
774
1,256
-40.7%
Receivables
76.6
60.1
63.6
+27.5%
Other assets
2,076
1,125
952
+84.6%
Total assets
7,565
6,974
7,417
+8.5%
10-K for the year ended 31 December 2023, filed 29 February 2024: the filing.