GoDaddy GDDY · USD

Information Technology · IT Services · US listing · 🇺🇸 United States

S&P 500

Compare

111.71

-2.33%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

GoDaddy annual report

Filed with the US Securities and Exchange Commission

10-K

The latest annual report covers the year to 31 Dec 2025, filed on 25 Feb 2026.

Read the 10-K on SEC.gov ↗

Five-year highlights

In USD.

	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	$4.95bn	$4.57bn	$4.25bn	$4.09bn	$3.82bn
Operating income	$1.14bn	$893.5m	$547.4m	$498.8m	$382.1m
Net income	$875.0m	$936.9m	$1.37bn	$352.2m	$242.3m
Free cash flow	$1.58bn	$1.26bn	$970.2m	$919.6m	$576.1m
Total assets	$8.03bn	$8.24bn	$7.56bn	$6.97bn	$7.42bn
Shareholders' equity	$215.1m	$692.1m	$62.2m	−$331.8m	$81.7m

Revenue by business

Year to 31 Dec 2025

Domains $2.31bn · 46.7%
Other $751.6m · 15.2%

Revenue by region

Year to 31 Dec 2025

U.S. $3.32bn · 67.1%
All international $1.63bn · 32.9%

From the 2025 annual report

As filed, for the year to Dec. 31, 2025. A later report may be linked above: this is the newest our data supplier has processed.

As filed

Document: 10-K
Registrant: GoDaddy Inc.
Fiscal year end: Dec. 31, 2025
Listed on: NYSE
Filer category: Large Accelerated Filer
Auditor: Ernst & Young LLP
Auditor location: Phoenix, Arizona

Income statement USD ($) shares in Thousands, $ in Millions

		Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenue	—	4,951.1	4,573.2	4,254.1
Cost of revenue (excluding depreciation and amortization)	[1]	1,801.5	1,652	1,573.6
Technology and development	[1]	841.5	814.4	839.6
Marketing and advertising	[1]	375.1	356.9	352.9
Customer care	[1]	289.1	287.5	304.5
General and administrative	[1]	388.9	394.2	374
Restructuring and other	[1]	11.1	39.4	90.8
Depreciation and amortization	[1]	116.6	135.3	171.3
Total costs and operating expenses	[1]	3,823.8	3,679.7	3,706.7
Operating income	—	1,127.3	893.5	547.4
Interest expense	—	-151	-158.3	-179
Gain (loss) on debt extinguishment	—	1.4	-4.6	-1.5
Other income (expense), net	—	42.3	34.8	36.9
Income before income taxes	—	1,020	765.4	403.8
Benefit (provision) for income taxes	—	-145	171.5	971.8
Net income	—	875	936.9	1,375.6
Less: net income attributable to non-controlling interests	—	0	0	0.8
Net income	—	875	936.9	1,374.8
Basic (in USD per share)	—	6.34	6.63	9.27
Diluted (in USD per share)	—	6.22	6.45	9.08
Basic (in shares)	—	138,100	141,250	148,296
Diluted (in shares)	—	140,621	145,287	151,452
Revenue	—	1,889	1,653	1,430.4
Revenue	—	3,062.1	2,920.2	2,823.7
[1] (1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	[1]	(1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(1) Costs and operating expenses include equity-based compensation expense as follows:	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—
[1]	(1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(1) Costs and operating expenses include equity-based compensation expense as follows:	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—
Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—
Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—
Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—
Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—
General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—
Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—
Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—

Balance sheet USD ($) $ in Millions


Cash and cash equivalents	1,080.9	1,089
Accounts and other receivables	83.1	91.1
Registry deposits	43.9	34.5
Prepaid domain name registry fees	512.2	492
Prepaid expenses and other current assets	120.8	245.2
Total current assets	1,840.9	1,951.8
Property and equipment, net	145.4	156.4
Operating lease assets	41.9	49.4
Prepaid domain name registry fees, net of current portion	241.2	224.8
Goodwill	3,633.3	3,518.9
Intangible Assets, Net (Excluding Goodwill)	986.3	1,055.8
Deferred tax assets	1,052.6	1,181.5
Other assets	93.3	96.8
Total assets	8,034.9	8,235.4
Accounts payable	67.5	81.6
Accrued expenses and other current liabilities	528.7	378.6
Deferred revenue	2,384.2	2,222.3
Long-term debt	15.1	15.9
Total current liabilities	2,995.5	2,698.4
Deferred revenue, net of current portion	934.9	883.2
Long-term debt, net of current portion	3,765.2	3,779.1
Operating lease liabilities, net of current portion	62	76.7
Other long-term liabilities	57.5	85.7
Deferred tax liabilities	4.7	20.2
Preferred stock, $0.001 par value - 50,000 shares authorized; none issued and outstanding	0	0
Class A common stock, $0.001 par value - 1,000,000 shares authorized; 141,208 and 142,051 shares issued and outstanding as of December 31, 2025 and 2024, respectively	0.1	0.1
Additional paid-in capital	2,975.2	2,611.8
Accumulated deficit	-2,789.4	-2,052.3
Accumulated other comprehensive income	29.2	132.5
Total stockholders' equity	215.1	692.1
Total liabilities and stockholders' equity	8,034.9	8,235.4

Cash flow statement USD ($) $ in Millions

		Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Net income	—	875	936.9	1,375.6
Depreciation and amortization	[1]	116.6	135.3	171.3
Equity-based compensation	—	317.8	299.9	296.3
Deferred taxes	—	157.4	-189.7	-993.2
Other	—	29.6	44.1	67.1
Prepaid domain name registry fees	—	-35.1	-42.3	-41.9
Accounts payable	—	-14.5	-65.5	28.3
Accrued expenses and other current liabilities	—	2.8	0.3	56.2
Deferred revenue	—	206.8	235.4	149.2
Other operating assets and liabilities	—	-57	-66.7	-61.3
Net cash provided by operating activities	—	1,599.4	1,287.7	1,047.6
Maturities (purchases) of short-term investments	—	0	40	—
Maturities (purchases) of short-term investments	—	—	—	-40
Purchases of intangible assets	—	0	0	-35.4
Purchases of property and equipment	—	-23.9	-26.6	-42
Other investing activities, net	—	-1.2	8.1	15
Net cash provided by (used in) investing activities	—	-25.1	21.5	-102.4
Issuance of term loans	—	0	4,214.8	1,759.9
Issuance of Class A common stock under employee stock purchase plan	—	30.5	31.8	30
Repurchases of Class A common stock	—	-1,601.9	-676.5	-1,270.2
Repayment of term loans	—	-24.6	-4,237.1	-1,786.3
Other financing activities	—	8.9	-10.4	4.9
Net cash used in financing activities	—	-1,587.1	-677.4	-1,261.7
Effect of exchange rate changes on cash and cash equivalents	—	4.7	-1.6	1.3
Net increase (decrease) in cash and cash equivalents	—	-8.1	630.2	-315.2
Cash and cash equivalents, beginning of period	—	1,089	458.8	774
Cash and cash equivalents, end of period	—	1,080.9	1,089	458.8
Interest on long-term debt, including impact of interest rate swaps	—	139.5	150.2	169.8
Amounts included in the measurement of operating lease liabilities	—	34.5	39.7	44.4
Operating lease assets obtained in exchange for operating lease obligations	—	2.1	11.5	8.3
[1] (1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	[1]	(1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(1) Costs and operating expenses include equity-based compensation expense as follows:	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—
[1]	(1) Costs and operating expenses include equity-based compensation expense as follows:Cost of revenue$1.3 $0.9 $1.3 Technology and development$170.1 $155.2 $162.4 Marketing and advertising$30.0 $30.9 $27.9 Customer care$22.0 $21.6 $24.1 General and administrative$94.4 $90.5 $78.3 Restructuring and other$— $0.8 $2.3 Total equity-based compensation expense$317.8 $299.9 $296.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(1) Costs and operating expenses include equity-based compensation expense as follows:	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—
Cost of revenue	—	—	$	1.3	—	—	—	—	$	0.9	—	—	—	—	$	1.3	—
Technology and development	—	—	$	170.1	—	—	—	—	$	155.2	—	—	—	—	$	162.4	—
Marketing and advertising	—	—	$	30.0	—	—	—	—	$	30.9	—	—	—	—	$	27.9	—
Customer care	—	—	$	22.0	—	—	—	—	$	21.6	—	—	—	—	$	24.1	—
General and administrative	—	—	$	94.4	—	—	—	—	$	90.5	—	—	—	—	$	78.3	—
Restructuring and other	—	—	$	—	—	—	—	—	$	0.8	—	—	—	—	$	2.3	—
Total equity-based compensation expense	—	—	$	317.8	—	—	—	—	$	299.9	—	—	—	—	$	296.3	—

Note: Segment Information

Segment InformationWe report our operating results through two reportable segments: A&C and Core.Our chief operating decision maker (CODM), which, as of December 31, 2025, was our Chief Executive Officer, evaluates the performance of and allocates resources to our segments based on each segment's revenue and earnings before interest, taxes, depreciation and amortization (Segment EBITDA). Segment EBITDA is evaluated on a monthly basis by the CODM by monitoring actual results versus the annual plan. This comparison is performed to make strategic decisions regarding segment profitability, resource allocation, pricing strategies and cost optimization. Segment EBITDA is defined as segment revenues less costs and operating expenses, excluding depreciation and amortization, interest expense (net), provision or benefit for income taxes, equity-based compensation expense, acquisition-related costs, restructuring-related expenses and certain other items. Segment EBITDA serves as a measure that assists our CODM and our investors in comparing our segments' performance on a consistent basis.Our CODM does not use assets by segment to evaluate performance or allocate resources; therefore, we do not provide disclosure of assets by segment. See Note 2 for property, plant, and equipment, net as well as revenue disaggregated by geography.The A&C and Core segments provide a view into the product-focused organization of our business and generate revenue as follows:•A&C primarily consists of sales of products containing proprietary software, notably our website building products, as well as our commerce products and third-party email and productivity solutions and sales of certain products when they are included in bundled offerings of our proprietary software products.•Core primarily consists of sales of domain registrations and renewals, aftermarket domain sales, website hosting products and website security products when not included in bundled offerings of our proprietary software products as well as sales of products not containing a software component.There are no internal revenue transactions between our reportable segments.Corporate overhead primarily includes general and administrative expenses and items not allocated to either segment as well as those costs specifically excluded from Segment EBITDA, our segment measure of profitability, such as depreciation and amortization, interest expense and income and provision or benefit for income taxes.

Note: Deferred Revenue

Deferred RevenueDeferred revenue consisted of the following:December 31,20252024Current:Applications and Commerce$875.2 $783.2 Core Platform1,509.0 1,439.1 $2,384.2 $2,222.3 Noncurrent:Applications and Commerce$217.8 $197.0 Core Platform717.1 686.2 $934.9 $883.2 The increase in deferred revenue is primarily driven by payments received in advance of satisfying our performance obligations, offset by $2,367.0 million of revenue recognized during 2025 that was included in the deferred revenue balance as of December 31, 2024. Deferred revenue as of December 31, 2025 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are expected to be satisfied, as follows:20262027202820292030ThereafterTotalApplications and Commerce$875.2 $154.3 $48.7 $8.7 $3.5 $2.6 $1,093.0 Core Platform1,509.0 401.6 143.6 70.1 38.6 63.2 2,226.1 $2,384.2 $555.9 $192.3 $78.8 $42.1 $65.8 $3,319.

Note: Commitments and Contingencies

Commitments and ContingenciesService AgreementsWe have entered into long-term agreements with certain vendors to provide for software and equipment maintenance, specified levels of bandwidth and other services. Under these arrangements, we are required to make periodic payments. Future minimum obligations under these non-cancelable agreements with initial terms in excess of one year at December 31, 2025 are as follows:Year Ending December 31:2026$529.0 2027546.1 2028406.6 202914.0 20302.3 Thereafter3.8 $1,501.8 LitigationFrom time-to-time, we are a party to litigation and subject to claims, suits, regulatory and government investigations, other proceedings and consent decrees in the ordinary course of business, including intellectual property claims, putative and certified class actions, commercial and consumer protection claims, labor and employment claims, breach of contract claims and other asserted and unasserted claims. We investigate claims as they arise and accrue estimates for resolution of legal and other contingencies when losses are probable and reasonably estimable.On November 7, 2025, a jury in the U.S. District Court for the District of Delaware returned a verdict finding that we infringed two web technology patents owned by Express Mobile, Inc. We have challenged the verdict through post-trial motions and the Plaintiff has moved for interest and enhancement of the damages, as well as interest on the amount of the verdict. We believe that we have valid arguments in support of these post-trial motions and intend to vigorously pursue post-trial and appellate remedies. Because of the current stage of the proceedings, including the absence of a final, non-appealable decision, we have determined that it is not probable that a liability has been incurred, and therefore, no liability was recognized as of December 31, 2025. While the outcome is uncertain, we currently estimate that it is reasonably possible that our loss exposure in this matter could range from zero to $170.0 million.On June 13, 2019, we entered into an agreement in principle to settle the class action complaint, Jason Bennett v. GoDaddy.com, LLC (Case No. 2:16-cv-03908-DLR) (D. Ariz.), filed on June 20, 2016. The complaint alleges a violation of the Telephone Consumer Protection Act of 1991 (the TCPA). On September 23, 2019, the parties fully executed a written settlement agreement.

Note: Long-Term Debt

Long-Term DebtLong-term debt consisted of the following:December 31,Maturity Date202520242029 Term Loans (effective interest rate of 6.6% at December 31, 2025 and 7.6% at December 31, 2024)November 10, 2029$1,444.2 $1,458.9 2031 Term Loans (effective interest rate of 6.2% at December 31, 2025 and 7.2% at December 31, 2024)May 31, 2031985.0 995.0 2027 Senior Notes (effective interest rate of 5.5% at December 31, 2025 and 5.4% at December 31, 2024)December 1, 2027600.0 600.0 2029 Senior Notes (effective interest rate of 3.6% at December 31, 2025 and 3.6% at December 31, 2024)March 1, 2029800.0 800.0 RevolverNovember 10, 2027— — Total3,829.2 3,853.9 Less: unamortized original issue discount and debt issuance costs(1)(48.9)(58.9)Less: current portion of long-term debt(15.1)(15.9)$3,765.2 $3,779.1 _________________________________(1) Original issue discount and debt issuance costs are amortized to interest expense over the life of the related debt instruments using the interest method.Credit FacilityOur secured credit agreement (the Credit Facility) includes two tranches of term loans (the 2029 Term Loans and the 2031 Term Loans), both of which were refinanced in 2024. The refinancing of the 2031 term loans replaced and extended the maturity of our previously issued term loans maturing in 2027, as described below, and a revolving credit facility (the Revolver). A portion of the term loans is hedged by interest rate swap agreements, as discussed in Note 10.The 2031 Term Loans were originally issued in 2020 in an aggregate principal amount of $750.0 million with a 0.5% original issue discount. In May 2024, we entered into an amendment to the Credit Facility to provide for a new tranche of term loans maturing in 2031, the proceeds of which were used to refinance and extend the maturity of our 2027 Term Loans to 2031 and repay a portion of our 2029 Term Loans, as defined below. Pursuant to this amendment, the amortization rate for the 2031 Term Loans is 1.00% per annum and the 2031 Term Loans were issued at an applicable margin of (i) 1.75% for the term loans that are SOFR loans and (ii) 0.75% for the term loans that are ABR loans.In January 2024, we entered into an amendment to the Credit Facility to provide for a new tranche of term loans maturing in 2029, the proceeds of which were used to refinance our existing term 2029 Term Loans at a lower interest margin. In May 2024, in conjunction with the amendment to the Credit Facility described above, we repaid $278.

Note: Income Taxes

Income TaxesOverviewOn December 11, 2023, we completed a series of transactions (the DNC Restructure) designed to simplify our then-existing capital structure, commonly referred to as an "Up-C" structure, and provide us with additional strategic flexibility. Completion of these transactions resulted in Desert Newco becoming a wholly-owned subsidiary of GoDaddy Inc. Subsequent to the DNC Restructure, on January 1, 2024, Desert Newco was converted from a partnership to a disregarded entity and as a result we are now treated as a consolidated C corporation group for U.S. income tax purposes.On July 4, 2025, the U.S. enacted H.R. 1 (One Big Beautiful Bill Act, or The Act). The Act includes, among other provisions, changes to the U.S. corporate income tax system including allowing immediate expensing of qualifying research and development expenses and permanently extending certain provisions within the Tax Cuts and Jobs Act. The provisions which became effective beginning July 1, 2025 have been incorporated into our results for the year ended December 31, 2025.Benefit (Provision) for Income TaxesOur benefit (provision) for income taxes includes U.S. federal, state and foreign income taxes. The domestic and foreign components of our income (loss) before income taxes were as follows:Year Ended December 31,202520242023U.S. $984.6 $829.0 $477.2 Foreign 35.4 (63.6)(73.4)Income before income taxes$1,020.0 $765.4 $403.8 Our benefit (provision) for income taxes was as follows:Year Ended December 31,202520242023Current: Federal$— $0.3 $(0.8) State(2.9)0.1 (5.4) Foreign15.5 (18.9)(14.9)12.6 (18.5)(21.1)Deferred: Federal(152.0)145.1 860.5 State(14.5)18.5 116.3 Foreign8.9 26.4 16.1 (157.6)190.0 992.9 Benefit (provision) for income taxes$(145.0)$171.5 $971.8 The following table presents a reconciliation of the provision for income taxes to the amount computed by applying the 21% statutory U.S. federal income tax rate to our income before income taxes:Year Ended December 31, 2025Amount% of Income Before Income TaxesU.S. federal statutory tax rate$(214.2)21.0 %State and local income taxes, net(1)(11.7)1.1 %Tax credits:Research and development tax credits33.3 (3.3)%Changes in unrecognized tax benefits11.0 (1.1)%Nontaxable or nondeductible items:Tax effect of equity-based compensation48.2 (4.7)%Other nontaxable or nondeductible items(6.8)0.7 %Other (4.8)0.5 %Effective tax rate$(145.0)14.

Note: Leases

LeasesOur operating leases primarily consist of office and data center space expiring at various dates through October 2034. Certain leases include options to renew or terminate at our discretion. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. As of December 31, 2025, operating leases have a remaining weighted-average lease term of 6.0 years and our operating lease liabilities were measured using a weighted-average discount rate of 5.3%.The components of operating lease expense were as follows:Year Ended December 31, 202520242023Operating lease costs$24.3 $27.0 $36.8 Variable lease costs9.9 14.7 14.7 Sublease income(8.0)(9.7)(14.2)Total net lease cost$26.2 $32.0 $37.3 Maturities of operating lease liabilities as of December 31, 2025 were as follows:Year Ending December 31:2026$24.1 202717.3 202811.4 202910.0 20308.0 Thereafter25.0 Total lease payments95.8 Less: imputed interest(13.5)Total operating lease liabilities$82.

Note: Cybersecurity Risk Management a

Our senior management is responsible for identifying, assessing, and managing the company's material cybersecurity risks. Our CISO oversees our programs for identifying, assessing, and managing our cybersecurity risks. Our CISO reports to our Chief Operating Officer (COO) and regularly provides updates to our CEO on significant cybersecurity-related matters. Our CISO also provides written monthly and quarterly reports on our cybersecurity program and risks to the CEO, Chief Technology Officer, and other key executives. Our CISO has more than 20 years' experience in cybersecurity, networking, and related technologies. Our CEO has more than 29 years' experience in e-commerce technology, engineering, and other related areas. Our CISO works with an enterprise-wide cybersecurity team that provides 24/7/365 support. Our cybersecurity policies, procedures, and strategies primarily are implemented by our information security department. Other personnel and departments in the company also assist with cybersecurity risk management, including but not limited to our technology organization and our privacy, legal, vendor risk management, and corporate audit services teams. We have also developed processes to integrate cybersecurity risk management within the company's product and software development processes. In addition, product teams and business unit leaders are involved in product-related cybersecurity risk management.Third-Party Consultants and AuditorsWe use use third-party auditors and consultants in connection with obtaining and maintaining industry certifications for certain products and services. We also have engaged third-party consultants in the past and may engage third-party consultants in the future for specific projects and engagements, such as responding to cybersecurity incidents. Our third-party financial auditors also review material cybersecurity risks and events as part of their financial audits. Third-Party Cybersecurity Risk ManagementWe engage with third parties to provide us with hardware, software, and services to operate our information systems and run our business. We also rely on third parties to provide hardware, software, and services relating to our cybersecurity program.

Note: Income Per Share

Income Per ShareBasic income per share is computed by dividing net income by the weighted-average number of shares of Class A common stock outstanding during the period. Diluted income per share is computed giving effect to all potentially dilutive shares unless their effect is antidilutive.A reconciliation of the numerator and denominator used in the calculation of basic and diluted net income per share is as follows: Year Ended December 31, 202520242023Numerator:Net income$875.0 $936.9 $1,375.6 Less: net income attributable to non-controlling interests— — 0.8 Net income attributable to GoDaddy Inc.$875.0 $936.9 $1,374.8 Denominator:Weighted-average shares of Class A common stock outstanding—basic138,100 141,250 148,296 Effect of dilutive securities:Class B common stock— — 290 Stock options326 466 460 RSUs, PSUs and ESPP shares2,195 3,571 2,406 Weighted-average shares of Class A Common stock outstanding—diluted140,621 145,287 151,452 Net income attributable to GoDaddy Inc. per share of Class A common stock—basic$6.34 $6.63 $9.27 Net income attributable to GoDaddy Inc. per share of Class A common stock—diluted$6.22 $6.45 $9.

Long notes are shortened. The full text is in the filing.

Filings

Newest first, from SEC EDGAR

Quarterly report (10-Q) ↗ Filed 30 Oct 2026
Current report (8-K) ↗ Filed 29 Oct 2026
Current report (8-K) ↗ Filed 4 Aug 2026
Quarterly report (10-Q) ↗ Filed 31 Jul 2026
Current report (8-K) ↗ Filed 30 Jul 2026
Current report (8-K) ↗ Filed 5 Jun 2026
Quarterly report (10-Q) ↗ Filed 1 May 2026
Current report (8-K) ↗ Filed 30 Apr 2026
Proxy statement (DEF 14A) ↗ Filed 24 Apr 2026
Current report (8-K) ↗ Filed 24 Feb 2026
Quarterly report (10-Q) ↗ Filed 31 Oct 2025
Proxy statement (DEF 14A) ↗ Filed 24 Apr 2025
Annual report (10-K) ↗ Filed 20 Feb 2025
Annual report (10-K) ↗ Filed 29 Feb 2024
Annual report (10-K) ↗ Filed 16 Feb 2023
Annual report (10-K) ↗ Filed 17 Feb 2022

Sources and methodology

Data on this tab: SEC EDGAR and our data supplier
Chart on the Overview: TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.

Asset classes

Countries / Regions

Market tools

News & insights