NYSE$GDDY
GoDaddy Inc. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
GoDaddy's Q2 2020 earnings were released, surpassing 20 million customers and achieving record customer growth. Bookings grew by 12% in constant currency.
GoDaddy reported a strong second quarter, exceeding 20 million customers and achieving record customer growth. Total revenue reached $806.4 million, a 9.4% increase year-over-year, and total bookings grew by 10.7% to $936.3 million. The company also announced the settlement of its Tax Receivable Agreements (TRAs) for $850 million.
- GoDaddy surpassed 20 million customers, with over 400,000 net new customers added in Q2.
- Total revenue increased by 9.4% year-over-year to $806.4 million, or 10.2% on a constant currency basis.
- Total bookings grew by 10.7% year-over-year to $936.3 million, or 12.1% on a constant currency basis.
- The company settled its Tax Receivable Agreements (TRAs) obligation for a one-time payment of $850 million.
Headline financials
Revenue & EPS history
GoDaddy · Revenue · Quarterly
$806M
Revenue by segment
GoDaddy · $363M total across 1 segment · Q3 2023
- Applications and Commerce$363M+11.4%100.0%
Forward guidance
GoDaddy expects total revenue of approximately $835 million for the third quarter ending September 30, 2020, representing approximately 10% year-over-year growth. For the full year, the company anticipates revenue growth of approximately 10% versus 2019 and unlevered free cash flow in the range of $815 to $825 million.
Tailwinds
- Revenue growth by category is expected to approximate double-digit growth in domains.
- Revenue growth by category is expected to approximate mid-single-digit growth in Hosting and Presence.
- Revenue growth by category is expected to approximate high-teens growth in Business Applications.
- Full year revenue growth of approximately 10% versus 2019 is expected.
- Unlevered free cash flow is expected in the range of $815 to $825 million for the full year.
Headwinds
- 2020 includes 27 pay periods versus 26 in a normal year, resulting in an incremental cash outflow of approximately $18 million in the fourth quarter.
- Projections of changes in individual balance sheet amounts are not possible without unreasonable effort.
- Reconciliations from non-GAAP guidance to GAAP are not provided.
- The projections are based on estimates and information available at the time of the press release and are not guarantees of future performance.
- Actual results could differ materially from current expectations as a result of many factors.
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 Q2 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
| Quarter | Report date | Reaction (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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