Core Insights - GoDaddy (GDDY) reported Q1 2025 earnings of $1.27 per share, missing estimates by 5.93% but showing a 17.6% year-over-year increase [1] - Total revenues reached $1.2 billion, exceeding estimates by 0.6% and increasing 7.7% year-over-year [1] - The total customer count decreased by 2.4% year-over-year, totaling 20,484 customers [1] Revenue Breakdown - Applications and Commerce (A&C) generated $446.4 million, contributing 37.4% to total revenues, with a year-over-year increase of 16.5% [2] - The Core Platform, which includes domains, hosting, and security, increased 3.1% year-over-year to $747.9 million, contributing 62.6% to total revenues [2] - International revenues reached $388.8 million, up 10.2% year-over-year [3] Financial Metrics - Total bookings were $1.4 billion, reflecting a 7.9% year-over-year increase [3] - Average revenues per user (ARPU) were $225, up 9.2% year-over-year [3] - Annualized recurring revenues (ARR) totaled $4.05 billion, increasing 7.5% year-over-year [3] Operating Performance - Normalized EBITDA was $364.4 million, up 16.4% year-over-year, with a margin expansion of 230 basis points [5] - Operating income increased by 40.6% year-over-year to $247.3 million, with an operating margin of 20.7% [6] - Operating expenses rose 3.3% year-over-year to $473.6 million, but as a percentage of revenues, they contracted to 39.7% [5] Cash Flow and Balance Sheet - As of March 31, 2025, cash and cash equivalents were $719.4 million, down from $1.1 billion at the end of 2024 [7] - Total debt stood at $3.8 billion, with net debt at $3.1 billion [7] - Free cash flow for Q1 was $411.3 million, up 25.6% year-over-year [7] Future Guidance - For Q2 2025, GoDaddy expects revenues between $1.195 billion and $1.215 billion, indicating a year-over-year growth of 7% at the mid-point [8] - The company anticipates normalized EBITDA margin of 31% for Q2 [9] - For the full year 2025, GoDaddy reaffirms revenue guidance of $4.86 billion to $4.94 billion, with expected growth of 7% at the mid-point [10]

Core Insights - GoDaddy reported strong first quarter results for 2025, with total revenue of $1.194 billion, representing an 8% year-over-year increase [5][6] - The company completed its 2022 share repurchase program, retiring over 25% of its fully diluted shares, and announced a new $3 billion multi-year repurchase authorization through 2027 [2][10] - GoDaddy's business model is described as durable, with a focus on delivering measurable outcomes for customers, positioning the company for long-term success [2] Financial Performance - Total revenue for Q1 2025 was $1,194.3 million, up from $1,108.5 million in Q1 2024, marking a 7.7% increase [5][6] - Applications and Commerce revenue grew by 16.5% year-over-year to $446.4 million, while Core platform revenue increased by 3.1% to $747.9 million [5][6] - Operating income rose significantly by 40.6% to $247.3 million, with an operating income margin of 20.7% [5][6] Cash Flow and Share Repurchases - Net cash provided by operating activities was $404.7 million, a 36.2% increase from $297.2 million in the previous year [6][11] - Free cash flow reached $411.3 million, up 26% year-over-year [6][11] - GoDaddy repurchased 4.4 million shares in April 2025 at an average price of $176.02, fully utilizing the remaining $767.4 million under the previous repurchase authorization [9][10] Business Outlook - For Q2 2025, GoDaddy expects total revenue between $1.195 billion and $1.215 billion, indicating a year-over-year growth of approximately 7% [12] - The company reaffirms its full-year 2025 revenue guidance of $4.860 billion to $4.940 billion, also reflecting a 7% growth at the midpoint [12] - GoDaddy anticipates NEBITDA margin to be around 31% for Q2 2025, with an expected margin expansion of approximately 100 basis points for the full year [13] Balance Sheet - As of March 31, 2025, GoDaddy reported total cash and cash equivalents of $719.4 million and total debt of $3.8 billion, resulting in net debt of $3.1 billion [11][34] - The total assets of the company were $7.839 billion, down from $8.235 billion at the end of 2024 [34]

New partner program provides agencies with exclusive access to GoDaddy's small business base TEMPE, Ariz., April 23, 2025 /PRNewswire/ -- GoDaddy (NYSE: GDDY) today announced the launch of GoDaddy Agency, a new partner program connecting digital agencies with small and mid-sized business leads and access to comprehensive tools, services and support to grow their client offerings.With millions of entrepreneurs already using GoDaddy's tools, GoDaddy Agency is positioned as a strategic referral partner for dig ...