EarningsQ2 2026 Earnings Report
MX:GDDY Q2 2026 EPS Results
Actual EPS$32.95
Consensus EPS$30.50
Beat/MissBeat by +$2.45
One Year Ago EPS$25.39
MX:GDDY Q2 2026 Revenue Results
Actual Revenue$23.33B
Expected Revenue$23.31B
Beat/MissBeat by +$26.59M
YoY Revenue Growth+6.50%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
MX:GDDY Upcoming Earnings
GoDaddy's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:GDDY Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial picture: revenue, ARR, EBITDA, free cash flow, ARPU, and margins all grew, share repurchases were substantial, and Airo showed rapid early traction (5x bookings run rate to $50M). However, management acknowledged transitional headwinds as Airo absorbs capabilities from legacy products (moderating A&C bookings), timing shifts that push some costs into H2, and ongoing execution risk around AI compute costs and domain market changes driven by LLMs. On balance the strong financial results and clear early momentum in Airo outweigh the transition-related headwinds, though the company must execute to realize the anticipated long-term upside.Company Guidance
Revenue Growth Above Guide Midpoint
Total revenue grew 7% year-over-year to $1.3 billion in Q2, coming in above the midpoint of guidance.
Strong ARR and Bookings Expansion
Annual Recurring Revenue (ARR) increased 6% to $4.4 billion. Total bookings grew 6% to $1.4 billion, with Core Platform bookings up 5% and Applications & Commerce bookings up 7%.
Segment Performance — Applications & Commerce
Applications & Commerce revenue grew 11% to $515 million. Segment EBITDA margin expanded roughly 250 basis points to 46.8% driven by increased solution adoption and attach.
Core Platform Stability
Core Platform revenue grew 4% to $783 million on strength in primary domain registrations/renewals (.COM and higher-priced non-.COM TLDs) and a strong aftermarket quarter; segment EBITDA margin expanded to 33.4%.
Airo Early Traction — Rapid Bookings Ramp
Airo annualized bookings run rate increased 5x in one quarter to $50 million (from $10 million last quarter). Growth has been nearly all organic so far, with improving quality and engagement among high-intent customers.
Profitability and Margin Expansion
Normalized EBITDA grew 14% to $434 million and normalized EBITDA margin expanded more than 200 basis points to 33.4% in Q2.
Free Cash Flow and Strong Cash Conversion
Free cash flow grew 13% to $443 million for the quarter; trailing 12-month free cash flow was $1.73 billion. Normalized EBITDA conversion remains greater than 1:1, and the company reaffirmed a full-year free cash flow target of approximately $1.8 billion.
Share Repurchases and Capital Return
Repurchased $852 million of stock year-to-date through July 29 (including $554 million / 6.6 million shares in Q2), reducing fully diluted shares outstanding by 7% to ~127 million shares and reflecting disciplined capital allocation.
Customer Metrics and Monetization Signals
ARPU increased 9% to $250. More than 50% of customers have at least two paid products; over 70% of customers who used Airo this year have two or more products. Retention remains above 85%.
Operational AI Productivity Gains
Airo-powered improvements in Care reduced the 24-hour repeat contact rate for customers served by the voicebot by over 16 percentage points in Q2, enabling Care teams to focus on complex needs.
Strategic Product and Platform Initiatives
Launched GoDaddy Developer Platform (new domain APIs) optimized for LLM/agent consumption; enhanced and launched Agent Name Service (ANS) and co-developed Agentic Resource Discovery (ARD), including intent to contribute ANS to the Linux Foundation.
Strong Balance Sheet and Leverage Position
Ended the quarter with $1.2 billion cash, $2.2 billion total liquidity, net debt of $2.7 billion and net leverage of 1.4x (trailing 12 months), providing flexibility to invest in AI and return capital to shareholders.
MX:GDDY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed