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GoDaddy (GDDY) FY2025 results: revenue $5.0 billion, up 8.3% on the year

GoDaddy Inc. (GDDY) reported revenue of $5.0 billion for fiscal 2025, the year ended 31 December 2025, up 8.3% on the year before. Net income was $875 million, down 6.6%, and diluted earnings per share $6.22. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2026.

Revenue
$5.0 billion
+8.3% on the year
FY2018FY2025
Operating margin
22.8%
19.5% a year earlier
FY2018FY2025
Net income
$875 million
-6.6% on the year
FY2018FY2025
Diluted EPS
$6.22
-3.6% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The year in brief

What management said about the year

Guidance figures: 9 new.

  • Full-year revenue rose 8%: Total revenue was $4.951 billion for 2025, up from $4.573 billion, up 8% on a reported and constant currency basis.
  • Applications and Commerce grew fastest: A&C revenue rose 14% for the year to $1.9 billion and 13% in the fourth quarter to $497.7 million; full-year A&C segment EBITDA margin was 45.4%.
  • Airo agents in production: The Airo.ai platform had 25 agents in production, with additional agents coming soon, as Airo moved into an agentic platform.
  • NEBITDA margin expanded: Full-year NEBITDA was $1.6 billion, up 14%, at a 32% margin versus 30.5% in 2024; fourth-quarter NEBITDA margin was 33.8%.
  • Annualized recurring revenue up 7.3%: ARR reached $4,336.2 million at year end, up 7.3% from $4,042.6 million a year earlier.
Read the Q4 FY2025 earnings call summary

From this 10-K

GoDaddy sells the pieces a small business needs to exist online: a domain name, a website, email, security and the means to take payment. It had 20.4 million paying customers at 31 December 2025 and a customer retention rate of over 85% for the year, sells in over 200 markets, and took 48% of its customer base and approximately a third of its sales from outside the United States. The business is reported in two segments, Core Platform and Applications and Commerce.

GoDaddy Inc., the 10-K for 2025

GoDaddy sells the pieces a small business needs to exist online: a domain name, a website, email, security and the means to take payment. It had 20.4 million paying customers at 31 December 2025 and a customer retention rate of over 85% for the year, sells in over 200 markets, and took 48% of its customer base and approximately a third of its sales from outside the United States. The business is reported in two segments, Core Platform and Applications and Commerce.

Core Platform

Domain registrations and renewals, aftermarket domain sales, domain protection, website hosting and website security products, together with products that carry no software component. It is the larger half, at approximately 62% of total revenue in 2025 against 64% in 2024 and 66% in 2023. The company had approximately 81 million domains under management at 31 December 2025, which on VeriSign's Domain Name Industry Brief was approximately 21% of the approximately 387 million domain names registered worldwide, and approximately 94% of its customers had bought a domain from it. Hosting runs from owned and operated data centres and leased co-located data centres, shared hosting among the products, built to work with open source design tools including WordPress. GoDaddy Registry is its back-end registry technology platform, with a portfolio of top-level domains that includes .biz, .nyc and .us addresses.

Applications and Commerce

Website building, e-commerce tools, digital marketing, and email and productivity solutions, along with third-party products sold inside bundles of its own software. It was approximately 38% of total revenue in 2025 against 36% in 2024 and 34% in 2023. The commerce side covers GoDaddy Payments, point-of-sale systems, Tap to Pay on Mobile, GoDaddy Capital, Instant Payout and inventory and order dashboards. Airo is the company's set of AI-powered tools, used for searching for a domain name, generating a logo, building a website and establishing a domain-specific email, and the company is extending it into agents that handle those same jobs.

Who it serves

Four customer populations. Independents, the largest, are mostly microbusinesses and non-commercial endeavours: most have fewer than five employees and most say they have little to no technology or design skill. WebPros, the second largest, are website designers and developers who build for other businesses, often freelancers or teams inside website design agencies. Then come domain investors, and domain registrars, third-party registrars and corporate domain portfolio owners. Support runs through GoDaddy Guides by phone and digital channels.

Agent Name Service

The company has launched Agent Name Service, an open architecture built on industry standards to act as a trust layer for AI-powered agents, in production with registered agents operational since the end of 2025. Developers can register agents through a public API and the public can verify a registration through the ANS Transparency Log. The company describes it as extending its role in supporting the open internet, on the view that identity, naming and trust matter as much between agents as they have on the web.

People

It employed 5,845 people worldwide at 31 December 2025: 2,414 in technology and development, 2,237 in care and services, 369 in marketing and advertising and 825 in general and administrative functions. Approximately 3,400 more are employed by or engaged through external partners providing contracted care and support, mostly in India and the Philippines. A majority of employees are based in the United States and Europe, none of the U.S. employees are represented by a labour union, and certain employees in Germany are represented by works councils.

From GoDaddy's annual report on Form 10-K for the year ended 31 December 2025. The filing

Written from the 10-K filed 25 February 2026: read the full 10-K.

The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025

Income statement (profit and loss)

$ millionFY2025FY2024FY2023On the yearLast 8 years
Revenue4,9514,5734,254+8.3%
Cost of revenue1,8021,6521,574+9.0%
Gross profit3,1502,9212,680+7.8%
Gross margin63.6%63.9%63.0%
Operating income1,127894547+26.2%
Operating margin22.8%19.5%12.9%
Interest expense151158179-4.6%
Pre-tax income1,020765404+33.3%
Income tax145-172-972
Effective tax rate14.2%-22.4%-240.7%
Net income8759371,375-6.6%
Net margin17.7%20.5%32.3%
Diluted EPS$6.22$6.45$9.08-3.6%
$ 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

$ millionFY2025FY2024FY2023On the yearLast 8 years
Operating cash flow1,5991,2881,048+24.2%
Capital expenditure23.926.642.0-10.2%
Free cash flow1,5761,2611,006+24.9%
Free cash flow margin31.8%27.6%23.6%
Cash from investing-25.121.5-102
Cash from financing-1,587-677-1,262
Depreciation and amortisation117135171-13.8%
Share-based compensation318300296+6.0%
Buybacks1,6026761,270+136.8%
Diluted shares, weighted141m145m151m-3.2%
Shares outstanding at period end135m141mn/a-4.6%

Balance sheet

$ millionFY2025FY2024FY2023On the yearLast 8 years
Shareholders' equity21569262.2-68.9%
Non-controlling interestn/an/a0.0
Debt3,7803,7953,816-0.4%
Operating lease liabilities62.076.790.2-19.2%
Other liabilities3,9783,6723,596+8.3%
Total liabilities and equity8,0358,2357,565-2.4%
Fixed assets145156185-7.0%
Goodwill3,6333,5193,569+3.3%
Intangible assets9861,0561,159-6.6%
Investmentsn/a0.040.0
Cash and equivalents1,0811,089459-0.7%
Receivables83.191.176.6-8.8%
Other assets2,1062,3242,076-9.4%
Total assets8,0358,2357,565-2.4%

10-K for the year ended 31 December 2025, filed 25 February 2026: the filing.