NYSE$GDDY
GoDaddy Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
GoDaddy's Q2 2022 financial results reflected a focus on strategic initiatives and financial targets, with revenue up 9% year-over-year and net income up 93% year-over-year.
GoDaddy reported strong second-quarter results with revenue up 9% year-over-year and net income up 93% year-over-year. The company bought back $1 billion of shares year-to-date, demonstrating its commitment to returning value to shareholders.
- GoDaddy's total revenue increased by 9% year-over-year to $1,015.5 million.
- Net income increased by 93% year-over-year to $90.5 million.
- Normalized EBITDA increased by 30.3% year-over-year to $258.4 million.
- The company repurchased 12.8 million shares for $1 billion year-to-date, reducing fully diluted shares outstanding by approximately 8%.
Headline financials
Revenue & EPS history
GoDaddy · Revenue · Quarterly
$1.02B
Revenue by segment
GoDaddy · $317M total across 1 segment · Q2 2022
- Applications and Commerce$317M+80.1%100.0%
Forward guidance
For the third quarter ending September 30, 2022, GoDaddy is targeting total revenue in the range of $1.030 billion to $1.045 billion, representing year-over-year growth of 8% at the midpoint.
Tailwinds
- Targeting total revenue in the range of $1.030 billion to $1.045 billion for Q3 2022.
- Expecting applications and commerce revenue growth in the range of 13% to 15% for Q3 2022.
- Expecting core platform revenue growth in the range of 4% to 6% for Q3 2022.
- Targeting normalized EBITDA in the range of $250 million to $260 million for Q3 2022.
- Expecting unlevered free cash flow of approximately $1.1 billion for full year 2022.
Headwinds
- Revising targeted range for total revenue in the year ending December 31, 2022 due to adverse foreign exchange (FX) rate impacts.
- Now expects total 2022 revenue to be in the range of $4.10 billion to $4.13 billion.
- Estimated adverse FX impact of approximately $35 million for the year.
- Unspecified risks and uncertainties could affect GoDaddy’s business and financial results.
- The unpredictable nature of 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 Q2 2022
+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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