Recent Updates — GDDY
GoDaddy Inc. reported third-quarter 2026 financial results with total revenue of $1.3 billion, a 6% increase year-over-year, and net income of $261.8 million, up 24%. Operating income rose 22% to $362.5 million, while free cash flow reached $480.8 million. The company highlighted that its AI product Airo achieved an annualized bookings run rate exceeding $100 million. GoDaddy reaffirmed its full-year revenue guidance of $5.215 billion to $5.255 billion and NEBITDA margin target above 33%. The company operates in the small business services industry, providing domain registration, website building, and online marketing tools.
On July 31, 2026, GoDaddy Inc. subsidiaries entered into the Thirteenth Amendment to their Credit Agreement, refinancing and replacing a $1,000 million revolving credit facility with a new $1,200 million New Revolving Credit Facility. The amendment extends the maturity date to July 31, 2031, subject to a springing maturity trigger if certain term loans or debt securities exceed $500 million in principal. Interest margins range from 1.25% to 1.75% for benchmark-based loans and 0.25% to 0.75% for base rate loans, tied to the Holdings' first lien net leverage ratio. The facility maintains a financial covenant requiring a first lien net leverage ratio not greater than 5.75:1.00 when utilization exceeds 40%. GoDaddy Inc. operates in the technology industry, providing small business website creation and online marketing services.
GoDaddy Inc. reported financial results for the second quarter ended June 30, 2026, on July 30, 2026. Total revenue increased 7% year-over-year to $1.3 billion, while net income rose 20% to $240.1 million. Operating income grew 29% to $342.5 million with a 26% margin, and free cash flow reached $443.5 million. The company narrowed its full-year revenue guidance to $5.215 billion–$5.255 billion and reaffirmed a free cash flow target of approximately $1.8 billion. GoDaddy advanced its AI transformation with Airo reaching a $50 million annualized bookings run rate and launched the GoDaddy Developer Platform. The company operates in the technology industry, providing domain name registration, website building tools, and online marketing services to small businesses.