Revenue growth has stayed in a 6% to 8% range with gross margin holding near 63% and operating margin rising from 20.7% to 27.0%, though the latest 6.0% growth rate suggests the top line is stable rather than accelerating.
GoDaddy Inc. (GDDY) annual income statement — 14-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|
| Sales/Revenue | 5.18B | 4.95B | 4.57B | 4.25B | 4.09B | 3.82B | 3.32B | 2.99B | 2.66B | 2.23B | 1.85B | 1.61B | 1.39B | 1.13B | 910.9M |
| Revenue Growth % | 6.38% | 8.26% | 7.5% | 3.98% | 7.22% | 15.05% | 11% | 12.33% | 19.19% | 20.78% | 14.97% | 15.86% | 22.68% | 24.14% | - |
| Cost of Goods Sold | 1.88B | 1.8B | 1.65B | 1.57B | 1.48B | 1.37B | 1.16B | 1.03B | 893.9M | 775.5M | 657.8M | 565.9M | 518.4M | 473.9M | 430.3M |
| COGS % of Revenue | - | 36.39% | 36.12% | 36.99% | 36.28% | 35.96% | 34.93% | 34.36% | 33.6% | 34.75% | 35.6% | 35.21% | 37.37% | 41.91% | 47.24% |
| Gross Profit | 3.3B | 3.15B | 2.92B | 2.68B | 2.61B | 2.44B | 2.16B | 1.96B | 1.77B | 1.46B | 1.19B | 1.04B | 868.9M | 656.9M | 480.6M |
| Gross Margin % | 63.75% | 63.61% | 63.88% | 63.01% | 63.72% | 64.04% | 65.07% | 65.64% | 66.4% | 65.25% | 64.4% | 64.79% | 62.63% | 58.09% | 52.76% |
| Gross Profit Growth % | - | 7.82% | 8.98% | 2.83% | 6.68% | 13.22% | 10.03% | 11.05% | 21.27% | 22.38% | 14.28% | 19.85% | 32.27% | 36.68% | - |
| Operating Expenses | 1.96B | 2.02B | 2.03B | 2.13B | 2.11B | 2.06B | 1.89B | 1.76B | 1.62B | 1.39B | 1.14B | 1.07B | 930.8M | 788.8M | 683.11M |
| OpEx % of Revenue | - | 40.85% | 44.34% | 50.14% | 51.52% | 54.02% | 56.86% | 58.86% | 60.77% | 62.26% | 61.69% | 66.72% | 67.09% | 69.76% | 74.99% |
| Selling, General & Admin | 742.4M | 1.05B | 751.1M | 726.9M | 797.8M | 849.7M | 762.3M | 707.7M | 625.4M | 535.6M | 450M | 421.9M | 336.7M | 291.3M | 236.5M |
| SG&A % of Revenue | - | 21.27% | 16.42% | 17.09% | 19.5% | 22.27% | 22.98% | 23.68% | 23.51% | 24% | 24.35% | 26.25% | 24.27% | 25.76% | 25.96% |
| Research & Development | 846.6M | 841.5M | 814.4M | 839.6M | 794M | 706.3M | 560.4M | 492.6M | 434M | 355.8M | 287.8M | 270.2M | 254.44M | 207.94M | 175.41M |
| R&D % of Revenue | - | 17% | 17.81% | 19.74% | 19.41% | 18.51% | 16.9% | 16.49% | 16.32% | 15.94% | 15.57% | 16.81% | 18.34% | 18.39% | 19.26% |
| Other Operating Expenses | 4M | 127.7M | 462.2M | 566.6M | 516.2M | 505.4M | 563.2M | 558.4M | 557.2M | 498.1M | 402.2M | 380.3M | 343.3M | 291.5M | 271.2M |
| Operating Income | 1.35B | 1.13B | 893.5M | 547.4M | 498.8M | 382.1M | 272.2M | 202.6M | 149.6M | 66.9M | 50.1M | -31M | -61.9M | -131.9M | -202.5M |
| Operating Margin % | 25.99% | 22.77% | 19.54% | 12.87% | 12.19% | 10.01% | 8.21% | 6.78% | 5.62% | 3% | 2.71% | -1.93% | -4.46% | -11.66% | -22.23% |
| Operating Income Growth % | - | 26.17% | 63.23% | 9.74% | 30.54% | 40.37% | 34.35% | 35.43% | 123.62% | 33.53% | 261.61% | 49.92% | 53.07% | 34.87% | - |
| EBITDA | 1.42B | 1.24B | 1.03B | 718.7M | 693.4M | 581.7M | 474.9M | 412.3M | 383.7M | 272.7M | 210.2M | 127.8M | 90.86M | 8.67M | -63.88M |
| EBITDA Margin % | 27.48% | 25.12% | 22.5% | 16.89% | 16.95% | 15.24% | 14.32% | 13.8% | 14.42% | 12.22% | 11.38% | 7.95% | 6.55% | 0.77% | -7.01% |
| EBITDA Growth % | 19.05% | 20.91% | 43.15% | 3.65% | 19.2% | 22.49% | 15.18% | 7.45% | 40.7% | 29.73% | 64.48% | 40.66% | 948.33% | 113.57% | - |
| D&A (Non-Cash Add-back) | 77M | 116.6M | 135.3M | 171.3M | 194.6M | 199.6M | 202.7M | 209.7M | 234.1M | 205.8M | 160.1M | 158.8M | 152.76M | 140.57M | 138.62M |
| EBIT | 1.38B | 1.14B | 923.7M | 582.8M | 502.8M | 379.6M | -404.1M | 218.5M | 171.4M | 189.8M | 35.7M | -51.4M | -61.1M | -130M | -200.18M |
| Net Interest Income | -150.1M | -151M | -158.3M | -179M | -146.3M | -126M | -91.3M | -92.1M | -98.4M | -83M | -57.2M | -69.2M | -85M | -71M | -79.09M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 150.1M | 151M | 158.3M | 179M | 146.3M | 126M | 91.3M | 92.1M | 98.4M | 83M | 57.2M | 69.2M | 85M | 71M | 79.09M |
| Other Income/Expense | -121.2M | -107.3M | -128.1M | -143.6M | -142.3M | -128.5M | -767.6M | -76.2M | -76.6M | 39.9M | -71.6M | -89.6M | -84.2M | -69.1M | -76.77M |
| Pretax Income | 1.23B | 1.02B | 765.4M | 403.8M | 356.5M | 253.6M | -495.4M | 126.4M | 73M | 106.8M | -21.5M | -120.6M | -146.1M | -201M | -279.27M |
| Pretax Margin % | 23.65% | 20.6% | 16.74% | 9.49% | 8.71% | 6.65% | -14.94% | 4.23% | 2.74% | 4.79% | -1.16% | -7.5% | -10.53% | -17.77% | -30.66% |
| Income Tax | 263.8M | 145M | -171.5M | -971.8M | 3.6M | 10.8M | -1.3M | -12M | -9M | -18.9M | 400K | -200K | -2.82M | -1.14M | -218K |
| Effective Tax Rate % | 21.53% | 14.22% | -22.41% | -240.66% | 1.01% | 4.26% | 0.26% | -9.49% | -12.33% | -17.7% | -1.86% | 0.17% | 1.93% | 0.57% | 0.08% |
| Net Income | 961.6M | 875M | 936.9M | 1.37B | 352.2M | 242.3M | -495.1M | 137M | 77.1M | 136.4M | -16.5M | -75.6M | -143.3M | -199.9M | -279.05M |
| Net Margin % | 18.56% | 17.67% | 20.49% | 32.32% | 8.61% | 6.35% | -14.93% | 4.58% | 2.9% | 6.11% | -0.89% | -4.7% | -10.33% | -17.68% | -30.63% |
| Net Income Growth % | 16.07% | -6.61% | -31.85% | 290.35% | 45.36% | 148.94% | -461.39% | 77.69% | -43.48% | 926.67% | 78.17% | 47.24% | 28.31% | 28.36% | - |
| Net Income (Continuing) | 961.6M | 875M | 936.9M | 1.38B | 352.9M | 242.8M | -494.1M | 138.4M | 82M | 125.7M | -21.9M | -120.4M | -143.3M | -199.9M | -279.05M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14.1M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 2.5M | 1.5M | 1.1M | 10.1M | 31.8M | 60M | 171.5M | 240.9M | 0 | 0 | 0 |
| EPS (Diluted) | 7.65 | 6.22 | 6.45 | 9.08 | 2.18 | 1.42 | -2.93 | 0.75 | 0.43 | 0.77 | -0.21 | -1.29 | -1.11 | -1.55 | -2.21 |
| EPS Growth % | 26.25% | -3.57% | -28.96% | 316.51% | 53.52% | 148.46% | -490.67% | 74.42% | -44.16% | 466.67% | 83.72% | -16.22% | 28.39% | 29.86% | - |
| EPS (Basic) | - | 6.34 | 6.63 | 9.27 | 2.22 | 1.44 | -2.93 | 0.79 | 0.43 | 1.25 | -0.21 | -1.29 | -1.11 | -1.55 | -2.21 |
| Diluted Shares Outstanding | 125.7M | 140.62M | 145.29M | 151.45M | 161.46M | 171.1M | 168.64M | 181.72M | 181.35M | 177.05M | 79.83M | 58.68M | 128.57M | 128.57M | 126.1M |
| Basic Shares Outstanding | 125.08M | 138.1M | 141.25M | 148.3M | 158.79M | 167.91M | 168.64M | 173.43M | 181.35M | 108.78M | 78.57M | 58.52M | 128.57M | 128.57M | 126.1M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Quick answers to the most common questions about buying GDDY stock.
For fiscal year 2025, GoDaddy Inc. (GDDY) reported total revenue of $4.95B. This represents a 443.5% increase compared to $910.9M in 2012.
GoDaddy Inc. (GDDY) is profitable, generating $875.0M in net income for the fiscal year ending 2025 with a net profit margin of 17.7%.
GoDaddy Inc. (GDDY) reported an operating income of $1.13B, resulting in an operating profit margin of 22.8%. This margin reflects the operational efficiency of the business before interest and taxes.
GoDaddy Inc. (GDDY) generated $3.15B in gross profit for the year, representing a gross profit margin of 63.6%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Leverage amplifies earnings volatility
Metrics are mathematically derived from official filings.
Mid-Single-Digit Growth Holding Steady
Based on the reported quarterly figures, GoDaddy's revenue growth has held in a narrow band of roughly 6% to 8% over the latest quarters, with the most recent quarter at 6.0% year over year, suggesting a stable but not accelerating top line.
The reported figures show a deceleration from the 8.3% to 8.4% range seen in 2024 and 2025 to about 6%, which may indicate that the core domain and hosting base is maturing. Management's maintained guidance implies the company expects this pace to persist, but the lack of re-acceleration warrants monitoring for whether AI-driven product additions can offset slower customer additions.
Gross Margin Sustained Near 63%
As reported in the income statement, GoDaddy's gross margin has generally held between 63% and 65%, with the 62.8% print in the latest quarter indicating only modest compression against recent periods.
A gross margin in this range reflects the structural cost of ICANN registry fees and payment processing, which limits how far mix shift toward software can lift the blended figure. The dip to 55.0% in the third quarter of 2025 appears to be an outlier tied to a one-off cost item rather than a trend, and it should not be extrapolated without further disclosure.
Operating Margin Recovering From Trough
Based on the reported figures, GoDaddy's operating margin rose from 20.7% in the first quarter of 2025 to 27.0% in the latest quarter, indicating operating income has grown faster than revenue over the period.
The expansion suggests that SG&A and R&D, which have been broadly flat in dollar terms near $180M to $215M and $200M to $215M respectively, are being leveraged against a growing gross profit base. This pattern supports the view of meaningful operating leverage, though the sustainability of a 27% margin depends on continued discipline in marketing spend.
EPS Growth Outpacing Net Income Growth
According to reported EPS figures, diluted EPS of $2.08 in the latest quarter reflects a 37.7% year-over-year increase, a rate that appears to outpace the net income expansion and points to a meaningful contribution from share count reduction.
Heavy repurchase activity, consistent with the company's capital return history, reduces the denominator and can flatter per-share growth relative to underlying earnings. Stock-based compensation of roughly $67M to $81M per quarter remains a material cost that is excluded from many adjusted metrics, so investors should evaluate EPS quality on a fully loaded basis.
Leverage Magnifies Downside Exposure
Based on reported balance sheet figures, GoDaddy's debt-to-equity of 17.96 and return on equity of 192.9% suggest a capital structure that amplifies both returns and downside risk if earnings weaken.
The elevated ROE is largely a function of a thin equity base created by buybacks and past leveraged activity rather than purely operational excellence, which may make the metric misleading in isolation. A modest earnings shortfall or a rise in interest rates could compress equity value disproportionately, and the AI transformation spending may pressure margins before benefits are visible in reported results.