Strong Bookings and EBITDA Margin Growth
GoDaddy achieved 8% bookings growth, expanded normalized EBITDA margin to 31%, and grew free cash flow by 26% year-over-year, underscoring the company's financial strength.
A&C Segment Revenue Surge
The A&C segment delivered 17% revenue growth and 14% bookings growth, driven by strong adoption of subscription solutions, with EBITDA margin expanding by nearly 200 basis points to 44%.
Successful Pricing and Bundling Initiatives
GoDaddy's pricing and bundling initiative delivered results ahead of expectations in Q1, contributing to increased average order size and improved customer retention.
Airo's Growing Impact
Airo is driving increased customer engagement, conversion, and product attach rates, contributing to GoDaddy's financial results. Airo Plus is also gaining traction.
International and Aftermarket Growth
International revenue grew 10%, supported by strong aftermarket sales, surpassing prior expectations.
Share Repurchase Program Completion
GoDaddy completed a $4 billion share repurchase program, reducing outstanding shares by over 25% since inception, and announced a new $3 billion repurchase authorization.