GoDaddy reports Q1 2026 financial results

GoDaddy Inc. (NYSE: GDDY) reported financial results for the first quarter ended March 31, 2026.

“GoDaddy is moving quickly to lead in this next phase of AI-driven innovation, focusing on helping entrepreneurs turn ideas into real businesses faster and more easily,” said GoDaddy CEO Aman Bhutani. “We are bringing our AI transformation to life, expanding our capabilities and building on our domain leadership to power an open internet and deliver lasting value for our customers.”

“Our first quarter results highlight the durability of our model,” said GoDaddy CFO Mark McCaffrey. “As we continue to deliver one-stop-shop solutions for our microbusiness customers, we are leading with disciplined execution and driving compounding free cash flow. At the same time, our strong balance sheet provides the flexibility to invest in the business while maintaining our margin commitments and supporting long-term shareholder value.”

First Quarter 2026 Business and Financial Highlights

• Total revenue of $1.3 billion, up 6% year-over-year on a reported and constant currency basis.

• Total bookings of $1.5 billion, up 3% year-over-year on a reported basis and 2% on a constant currency basis.

• Applications and Commerce (A&C) revenue grew 12% year-over-year to $498.2 million.

• Core Platform (Core) revenue grew 3% year-over-year to $768.7 million.

• Operating income of $310.5 million, up 26% year-over-year, representing a 25% margin.

• Net income of $214.6 million, down 2% year-over-year, representing a 17% margin. Net income in the prior year was inclusive of non-recurring, non-cash income tax benefit of $34.6 million.

• Normalized EBITDA (NEBITDA) of $413.5 million, up 13% year-over-year, representing a 33% margin.

• Net cash provided by operating activities of $471.5 million, up 17% year-over-year.

• Free cash flow of $473.6 million, up 15% year-over-year.

• Total customers of 20.4 million, up 13 thousand since December 31, 2025.

• GoDaddy continued to expand its internally-built AI-native experiences, with Airo AI Builder delivering strong early adoption and monetization and achieving a multi-million dollar annualized bookings run rate within just weeks of its beta launch.

• In April, GoDaddy announced new partnerships with LegalZoom and Cloudflare, advancing Agent Name Service (ANS) with real-world use cases and extending our role in digital identity into the AI ecosystem. Non-GoDaddy agents in ANS now number in the thousands.