NYSE$GDDY

GoDaddy Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

GoDaddy's Q1 2021 earnings were released, revealing revenue of $901.1 million and bookings exceeding $1 billion.

GoDaddy reported strong first-quarter results, with bookings surpassing $1 billion, marking a 14% year-over-year increase. The company raised its full-year revenue and unlevered free cash flow guidance, reflecting confidence in its growth strategy and market demand.

  • Total revenue reached $901.1 million, a 13.8% increase year-over-year.
  • Total bookings amounted to $1,088.7 million, up 14.5% year-over-year.
  • Unlevered free cash flow was $268.3 million, a 14.4% increase year-over-year.
  • GoDaddy raised full-year revenue expectations by $45 million to $3.745 billion.

Headline financials

Total Revenue

$901M

Previous: $792M+13.8%
EPS (adj)

$0.06

Previous: $0.24-75.0%
Total Bookings

$1.09B

Previous: $951M+14.5%
Capital Expenditures

-$9M

Previous: -$13.5M+33.3%
Free Cash Flow

$1.8M

Previous: $29.4M-93.9%
Net Income

$10.8M

Previous: $42.9M-74.8%
Operating Income

$38M

Previous: $64.4M-41.0%
Gross Profit

-$369M

Previous: -$328M-12.5%
Cash & Equivalents

$1.29B

Previous: $851M+51.9%
Total Assets

$7.26B

Previous: $6.16B+17.8%

Revenue & EPS history

GoDaddy · Revenue · Quarterly

$901M

Q1 2021+13.8%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

GoDaddy · $363M total across 1 segment · Q3 2023

  • Applications and Commerce
    $363M+11.4%

Forward guidance

GoDaddy anticipates revenue of approximately $920 million for the second quarter ending June 30, 2021, representing approximately 14% year-over-year growth, and raised its full-year revenue expectations by $45 million to $3.745 billion, representing approximately 13% year-over-year growth. The company also raised its unlevered free cash flow expectation to approximately $955 million for the full year, representing growth of 16% versus 2020.

Tailwinds

  • Revenue growth by category is expected to approximate high-teens growth in Domains.
  • Revenue growth by category is expected to approximate high-teens growth in Business Applications.
  • Revenue growth by category is expected to approximate high-single-digit growth in Hosting and Presence.
  • Full year revenue expectations raised by $45 million to $3.745 billion, representing approximately 13% year-over-year growth.
  • Unlevered free cash flow expectation raised to approximately $955 million for the full year, representing growth of 16% versus 2020.

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 2021

Historical avgQ1 2021

+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

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