GoDaddy Inc.'s management explains the business in its own materials. The slides below do the most of that work, pulled from the documents preserved in Sources. Each source link opens the complete presentation at that slide in a new tab.
Management's fullest exposition of the business model, competitive advantages, segments, unit economics and the 2024–2026 financial framework. · Open the full document →
p. 7 — The three secular tailwinds management is betting on — entrepreneurship, wider internet use, and AI-driven automation. · Open the full presentation →p. 10 — The value-creation model in one line: 6–8% revenue growth plus margin expansion equals compounding free cash flow. · Open the full presentation →p. 12 — The 'Entrepreneur's Wheel' — the full product line from domain and identity through presence to commerce. · Open the full presentation →p. 13 — Four claimed competitive advantages, with the scale figures: ~85M domains, 21M customers, ~85% retention. · Open the full presentation →p. 14 — The land-and-expand thesis, sized: a $90B+ lifetime-value opportunity within the existing 21M-customer base. · Open the full presentation →p. 15 — Where growth and margin are expected to come from — commerce, pricing and bundling, cost, and newer Airo bets. · Open the full presentation →p. 16 — How the product is built: the GoDaddy Software Platform stack, from cloud and data up to Airo experiences. · Open the full presentation →p. 28 — Why a domain is the wedge — each registration opens a path to logos, email, sites, payments and more. · Open the full presentation →p. 53 — Commerce opportunity sized — a $1 trillion addressable payment-volume (GPV) pool across the customer base. · Open the full presentation →p. 56 — The international business by the numbers: 10M customers, $1.4B revenue, 150+ markets. · Open the full presentation →p. 63 — The emerging-markets runway — 6.7B people, over half of new international customers, ~$400M revenue today. · Open the full presentation →p. 95 — A concrete margin driver: cloud migration cut server count >60% and capex >80% from 2021 to 2023. · Open the full presentation →p. 96 — The data moat — ~1.2B customer signals captured daily feed pricing, testing and AI models. · Open the full presentation →p. 99 — AI and machine learning at work: ~500 bps of marketing-spend leverage since 2021 across 50+ internal models. · Open the full presentation →p. 115 — The core financial thesis — high-margin Applications & Commerce grows as a share of revenue, lifting margins and FCF/share. · Open the full presentation →p. 116 — Unit economics of attach: lifetime value rises from 1x for domain-only to 83x for domain + presence + commerce. · Open the full presentation →p. 117 — Retention climbs with tenure and products attached — both curves reach 90%+ against an ~85% average. · Open the full presentation →p. 118 — The ARPU thesis: a roughly flat 21M-customer base with steadily rising revenue per user ($170 → $203). · Open the full presentation →p. 119 — Applications & Commerce segment — the high-growth, high-margin software line ($926M → $1,430M, 42% margin). · Open the full presentation →p. 120 — Core Platform segment — the larger, durable cash generator ($2.4B → $2.8B, ~29% margin). · Open the full presentation →p. 123 — Segment profitability and the payoff — NEBITDA by segment, with conversion to free cash flow approaching 100%. · Open the full presentation →
The current annual scorecard, plus management's fullest statement of the agentic-AI pivot made since the 2024 Investor Day. · Open the full document →
p. 5 — Management's reframing for the AI era — the product wheel recast as an 'Agentic Open Internet.' · Open the full presentation →p. 6 — The AI plan in three parts: Airo.ai as an agentic operating system, AI cost leverage, and the Agent Name Service. · Open the full presentation →p. 7 — Airo.ai in practice — 25 agents live, performing customer tasks autonomously, with value captured behind paywalls. · Open the full presentation →p. 10 — Agent Name Service: GoDaddy's bid to be the verified registry for AI agents, built with MuleSoft on an open standard. · Open the full presentation →p. 13 — Why GoDaddy claims to be defensible in AI — 20M+ customers, proprietary data, brand, scale and its Care organization. · Open the full presentation →p. 18 — Full-year 2025 revenue mix: $5.0B total, split Core Platform $3.1B (62%) and Applications & Commerce $1.9B (38%). · Open the full presentation →p. 19 — The 2025 scorecard in five bars — bookings, revenue, NEBITDA, free cash flow and ARPU, all growing. · Open the full presentation →p. 20 — The domains business, sized and steady — $1.8B in annual revenue at a ~7% five-year growth rate. · Open the full presentation →p. 21 — Cohort economics: $500+ customers are now ~10% of the base with near-perfect retention, lifting ARPU to $242. · Open the full presentation →p. 22 — The margin track record — normalized EBITDA margin from 23% to 32%, over 1,000 bps of expansion since 2020. · Open the full presentation →p. 24 — The balance sheet — 1.6x leverage, $2.1B liquidity, and 87% of debt at fixed rates. · Open the full presentation →p. 25 — Capital allocation — $1.6B of buybacks in 2025 and a ~33% reduction in share count since 2021. · Open the full presentation →p. 26 — The report card: FY2025 delivered at or ahead of every revenue, margin, cash-flow and share-count target. · Open the full presentation →p. 27 — Where management points for 2026 — revenue, segment growth, ~33%+ margin and ~$1.8B free-cash-flow guidance. · Open the full presentation →
Q1 2026 Earnings Results — Q1 2026 · 36 pages · The latest quarter — most recent numbers, the refreshed investment thesis, and early Airo AI Builder traction ($10M+ run rate). · Open →
Q3 2025 Earnings Results — Q3 2025 · 38 pages · Where the 'Agentic Open Internet,' the .ai launch and the Agent Name Service were first laid out in detail. · Open →
