Key Highlights

  • Shares of GoDaddy climbed 4% following Q1 adjusted earnings per share of $1.60, surpassing the $1.52 Wall Street estimate
  • Quarterly revenue reached $1.27 billion, aligning with market forecasts
  • Second quarter revenue outlook set at $1.285B–$1.305B, with the midpoint exceeding the $1.29B Street estimate
  • Full-year 2026 revenue projected at $5.195B–$5.275B, tracking near analyst projections
  • The company’s Airo AI platform achieved a multi-million dollar annualized bookings run rate shortly after entering beta testing

Shares of GoDaddy (GDDY) surged more than 4% during extended trading hours on April 30 following the release of first-quarter financial results that exceeded earnings projections while meeting revenue targets.


GDDY Stock Card
GoDaddy Inc., GDDY

The web hosting and domain registration company delivered adjusted earnings per share of $1.60, topping the Wall Street consensus of $1.52. Quarterly revenue totaled $1.27 billion, matching analyst estimates ranging from $1.26 billion to $1.27 billion.

Net income declined 2% compared to the prior-year period, settling at $214.6 million, although alternative profitability measures painted a more favorable picture.

Normalized EBITDA reached $413.5 million, marking a 13% increase from the same quarter last year and representing a 33% profit margin. The company’s free cash flow expanded 15% to $473.6 million during the three-month period.

GoDaddy bought back 3.0 million shares of its common stock for $279.7 million throughout the quarter. Management reiterated its annual free cash flow guidance of roughly $1.8 billion.

Outlook for Q2 and Fiscal Year 2026

Looking ahead to the second quarter, GoDaddy forecasted revenue between $1.285 billion and $1.305 billion. The $1.295 billion midpoint slightly surpasses the $1.29 billion analyst consensus figure.

For the complete 2026 fiscal year, the company guided toward revenue of $5.195 billion to $5.275 billion. The midpoint of $5.235 billion aligns closely with the $5.236 billion Street estimate.

CFO Mark McCaffrey emphasized that “disciplined execution and driving compounding free cash flow” remain the company’s primary objectives for the remainder of the fiscal year.

Artificial Intelligence Initiative Shows Early Momentum

The company’s Airo AI platform has emerged as a significant growth driver. The technology, which entered beta testing last year with five AI agents, now features more than two dozen specialized tools.

These intelligent agents perform various functions including logo design, marketing campaign development, and other services designed to help small and medium-sized enterprises establish and maintain their online footprint.

Within just weeks of its beta release, Airo AI Builder generated a multi-million dollar annualized bookings run rate, which management highlighted as preliminary validation of market demand.

CEO Aman Bhutani stated that 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.”

The artificial intelligence initiative represents a cornerstone of the company’s growth strategy for capturing additional small business customers, with GoDaddy marketing Airo as a comprehensive solution for microbusiness operators.

Shares traded more than 4% higher in after-hours activity following the earnings announcement.