NYSE$GDDY

GoDaddy Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

GoDaddy's Q1 2020 earnings were reported with revenue up 12% and operating cash flow up 17%.

GoDaddy reported strong first-quarter results, with total revenue increasing by 11.5% year-over-year to $792.0 million and total bookings increasing by 9.3% year-over-year to $951.1 million. The company's #OpenWeStand initiative gained significant momentum, providing resources for small businesses during the pandemic.

  • Total revenue increased by 11.5% year-over-year to $792.0 million.
  • Total bookings increased by 9.3% year-over-year to $951.1 million.
  • Net cash provided by operating activities increased by 16.8% year-over-year to $233.3 million.
  • Unlevered free cash flow increased by 18.0% year-over-year to $234.5 million.

Headline financials

Total Revenue

$792M

Previous: $710M+11.5%
EPS (adj)

$0.24

Previous: $0.07+242.9%
Total Bookings

$951M

Previous: $871M+9.3%
Capital Expenditures

-$13.5M

Previous: -$29.4M+54.1%
Free Cash Flow

$29.4M

Previous: -$16.5M+278.2%
Net Income

$42.9M

Previous: $12.9M+232.6%
Operating Income

$64.4M

Previous: $18.8M+242.6%
Gross Profit

-$328M

Previous: -$56.7M-479.2%
Cash & Equivalents

$851M

Previous: $1.09B-21.9%
Total Assets

$6.16B

Previous: $6.35B-3.0%

Revenue & EPS history

GoDaddy · Revenue · Quarterly

$792M

Q1 2020+11.5%vs Q1 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

GoDaddy · $139M total across 1 segment · Q1 2020

  • Applications and Commerce
    $139M+14.3%

Forward guidance

For the second quarter ending June 30, 2020, GoDaddy expects total revenue of approximately $790 million, or approximately 7% year over year growth.

Tailwinds

  • Expects total revenue of approximately $790 million.
  • Approximately 7% year over year growth expected.
  • High single-digit growth in Domains expected.
  • Mid single-digit growth in Hosting and presence expected.
  • Mid-teens growth in Business Applications expected.

Headwinds

  • Changes in customer behavior from COVID-19 will disproportionately impact the Hosting and presence category.
  • Projections of changes in individual balance sheet amounts are not possible without unreasonable effort.
  • Release of reconciliations would imply an inappropriate degree of precision.
  • The length and severity of the COVID-19 pandemic and its impact on our business, customers, employees and third-party partners.
  • The unpredictable nature of our rapidly evolving market.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.5%

Avg return

30 days after

55%

24 / 44 earnings

Positive

+18.0%

Q3 2015

Best reaction

-14.3%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%+2.0%-0.2%
Q4 2025-1.7%-4.4%-13.4%
Q3 2025+6.6%+5.0%+0.9%
Q1 2025-8.6%-4.8%-5.3%
Q4 2024-14.3%-16.9%-17.1%
Q3 2024+3.4%+2.6%+22.4%
Q2 2024+4.0%+4.5%+15.1%
Q1 2024+1.1%+7.4%+14.2%
Q4 2023-0.7%-2.1%+4.3%
Q3 2023+16.5%+18.4%+38.9%
Q2 2023-7.7%-6.2%-3.8%
Q1 2023-2.5%-3.0%+6.1%
Q4 2022-0.9%-4.2%-10.1%
Q3 2022-8.3%-4.8%+6.9%
Q2 2022+4.5%+7.0%+1.2%
Q1 2022-4.2%-14.5%-11.0%
Q4 2021+7.6%+15.2%+4.4%
Q3 2021+10.9%+5.9%+2.6%
Q2 2021-13.0%-12.3%-10.8%
Q1 2021-1.5%-1.9%-1.9%
Q4 2020-6.5%-7.3%-21.1%
Q3 2020+2.2%-4.7%+13.1%
Q2 2020+7.9%+6.0%+8.6%
Q1 2020+6.4%+10.0%+14.5%
Q4 2019+10.6%+9.5%-22.5%
Q3 2019+17.5%+11.0%+8.3%
Q2 2019-4.0%-11.4%-13.7%
Q1 2019-2.1%-3.1%-8.3%
Q4 2018+4.4%+3.7%+3.2%
Q3 2018-8.9%-11.7%-9.8%
Q2 2018+1.3%+2.4%+8.6%
Q1 2018+4.2%+4.8%+9.4%
Q4 2017+10.4%+8.4%+9.5%
Q3 2017+3.7%+2.8%-0.2%
Q2 2017+3.1%-2.6%+3.2%
Q1 2017-3.1%-2.0%+4.7%
Q4 2016-1.3%+1.0%+2.3%
Q3 2016-5.7%-6.9%-5.7%
Q2 2016+8.3%+13.6%+11.4%
Q1 2016-1.5%
Q4 2015+3.4%
Q3 2015+18.0%
Q2 2015-8.3%
Q1 2015+3.2%
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro