GoDaddy Inc.

GDDY
Sector

Technology

Industry

Software - Infrastructure

Market Cap

$28.13B

Employees

6.2K

Company Overview

GoDaddy is a global leader serving entrepreneurs by providing easy-to-use products in a one-stop shop solution alongside personalized guidance. The company's core business model revolves around domain name registration, website building, and hosting services, with additional revenue streams from commerce and productivity solutions. GoDaddy holds a strong market position, boasting a large customer base and brand recognition, particularly in the U.S., and has a significant international presence.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Total revenue for the quarter ended September 30, 2024, was $1,147.6 million, up from $1,069.7 million in the same period last year. This growth was consistent on both a reported and constant currency basis, indicating solid underlying business momentum.

Net income for the quarter reached $190.5 million, a significant increase from $131.0 million in the prior year. This reflects improved operating leverage and profitability.

Operating income rose to $253.8 million, compared to $167.1 million in the same quarter of the previous year. This indicates improved efficiency and cost management.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights