Company Overview

GoDaddy Inc. designs and develops cloud-based products in the United States and internationally. It operates through two primary segments: Applications and Commerce (A&C), and Core Platform (Core). Founded in 1997 and headquartered in Tempe, Arizona, GoDaddy is widely recognized as the world's leading domain registrar. The company serves a diverse customer base including small businesses, individuals, organizations, developers, designers, and domain investors.

Business Segments and Services

#### Applications and Commerce (A&C) Segment

The A&C segment encompasses various application products. This includes Websites + Marketing, a mobile-optimized tool for building websites and e-commerce stores. It also offers Managed WordPress for streamlined WordPress site management and Managed WooCommerce Stores for online selling. The segment further provides marketing tools like the GoDaddy Studio mobile application, search engine optimization (SEO), social media marketing (Meta and Google My Business), and email marketing, all designed to help businesses acquire, engage customers, and create content.

Connected commerce features include the Smart Terminal, an all-in-one point-of-sale system for managing inventory and accepting payments, and GoDaddy Payments, a payment facilitator. Additionally, it offers email service plans with a multi-feature web interface and Microsoft 365 accounts integrated with customers' domains.

#### Core Platform Segment

The Core segment focuses on domain products, including primary registrations, the domain aftermarket platform, and various domain name add-ons. It also includes GoDaddy Registry, a provider of domain name registry services. This segment further delivers hosting and security services, such as shared website hosting and virtual private servers, alongside a suite of security products to protect customers' online presence.

Financial Performance and Market Position

#### Recent Financial Performance (Full Year 2024 - as of December 31, 2024)

- Revenue and Growth:

- Total revenue reached $4.6 billion, an increase of 8% year-over-year.

- Total bookings amounted to $5 billion, up 9% year-over-year.

- Applications & Commerce (A&C) Revenue grew by 16% to $1.7 billion.

- Core Platform Revenue increased by 3% to $2.9 billion.

- Profitability Metrics:

- Net income was $936.9 million, a decrease of 32% year-over-year, representing a 20% margin.

- Normalized EBITDA (NEBITDA) rose by 23% year-over-year to $1.4 billion, indicating a 31% margin.

- Free cash flow grew by 25% year-over-year to $1.4 billion.

- Customer Metrics:

- Customer Base: Declined to 20.5 million, with a strategic focus on high-value customers.

- ARPU (Average Revenue Per User): Increased by 8% to $220.

- Gross Payments Volume (GPV) from commerce offerings grew 55% year-over-year to $2.6 billion.

#### Market Position and Financial Strength

As of June 2025, GoDaddy has a market capitalization of $25.13 Billion USD. The company maintains a robust financial position, reporting $1.1 billion in total cash and cash equivalents and short-term investments as of December 31, 2024. Total debt stood at $3.9 billion, with a net debt of $2.8 billion.

Innovation and Strategic Initiatives

GoDaddy continues to heavily invest in artificial intelligence through its GoDaddy Airo platform. The company has expanded the feature set of its AI-powered, business-in-a-box solution, including the launch of the Airo Plus tier. This tier offers advanced AI-driven logo and imagery creation, enhanced marketing tools, and improved WordPress site building capabilities. The GoDaddy Airo™ AI-powered experience is now available in over 180 countries globally.

The company also demonstrates a strong commitment to the open-source community. In support of WordPress, GoDaddy donated $0.5 million to The WP Community Collective and launched a re-architected Managed WordPress Hosting platform, which delivers enhanced performance, scalability, and security.

Corporate Sustainability and Community Engagement

- Employee Volunteerism: Employees are encouraged to volunteer, with 20 hours of paid time off and a donation match program. This initiative has resulted in nearly $1.6 million donated to 700 nonprofits.

- Open-Source Investment: A $520,000 donation to The WordPress Community Collective directly supports open-source software innovation.

Future Outlook

GoDaddy's management expresses optimism regarding future growth prospects. CEO Aman Bhutani stated, "GoDaddy demonstrated strong operational execution and financial performance in 2024, making significant progress across our key strategic initiatives. Looking ahead to 2025, we are excited to further innovate around GoDaddy Airo, enhance our integrated technology platform and create even more value for our customers."

The company's strategic focus on AI-powered solutions, combined with its dominant position in domain registration and expanding commerce capabilities, positions GoDaddy well for continued growth in the digital services market. With a strong balance sheet and consistent cash flow generation, GoDaddy maintains flexibility to invest in innovation while returning value to shareholders through its ongoing share repurchase program.