Key Highlights
- GoDaddy stock climbed 4% following Q1 adjusted earnings per share of $1.60, surpassing the analyst estimate of $1.52 by $0.08
- Quarterly revenue reached $1.27 billion, meeting Wall Street projections
- Q2 revenue outlook set at $1.285B–$1.305B, with the midpoint edging past the $1.29B Street estimate
- 2026 full-year revenue forecast ranges from $5.195B–$5.275B, aligning closely with analyst expectations
- The company’s Airo AI platform achieved a multi-million dollar annualized bookings run rate just weeks after entering beta testing
GoDaddy (GDDY) stock rallied 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.
The company delivered adjusted earnings per share of $1.60, topping the Street consensus of $1.52. Quarterly revenue totaled $1.27 billion, aligning with analyst forecasts that ranged from $1.26 billion to $1.27 billion.
Net income declined 2% compared to the prior-year period, settling at $214.6 million, although the company’s adjusted profitability indicators painted a more optimistic picture.
Normalized EBITDA reached $413.5 million, marking a 13% year-over-year increase and representing a healthy 33% margin. Free cash flow expanded 15% to $473.6 million during the three-month period.
GoDaddy bought back 3.0 million shares at a cost of $279.7 million throughout the quarter. Management confirmed its full-year free cash flow outlook of roughly $1.8 billion remains intact.
Forward-Looking Revenue Projections
For the second quarter, GoDaddy anticipates revenue between $1.285 billion and $1.305 billion. The guidance midpoint of $1.295 billion slightly exceeds the Street consensus of $1.29 billion.
The full-year 2026 revenue projection spans $5.195 billion to $5.275 billion. At the midpoint of $5.235 billion, the outlook nearly matches the analyst consensus of $5.236 billion.
CFO Mark McCaffrey emphasized “disciplined execution and driving compounding free cash flow” as the organization’s primary priority throughout the remainder of the fiscal year.
Artificial Intelligence Initiatives Show Early Traction
GoDaddy’s Airo AI platform is rapidly emerging as a strategic highlight. The solution, which debuted in beta testing last year featuring five AI agents, has grown to encompass more than two dozen specialized tools.
These intelligent agents now manage functions spanning logo design to comprehensive marketing initiatives, all designed to empower small and medium-sized enterprises in establishing and maintaining their online footprint.
The Airo AI Builder achieved a multi-million dollar annualized bookings run rate mere weeks following its beta rollout, 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 organization’s artificial intelligence initiatives represent a cornerstone of its approach to capturing additional small business clientele, with GoDaddy presenting Airo as a comprehensive solution for micro-enterprise customers.
Shares traded up more than 4% in after-hours activity following the quarterly results announcement.
