NYSE$GDDY
GoDaddy Inc. · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
GoDaddy experienced a strong third quarter, marked by accelerated growth in bookings and revenue, and a significant increase in net new customers.
GoDaddy reported a strong Q3 2020 with revenue of $844.4 million, up 11% year-over-year. The company added over 400,000 net new customers this quarter and over 1 million in 2020 to date. GoDaddy also saw accelerated growth in bookings and revenue across all three product categories.
- Total revenue reached $844.4 million, an 11.0% increase year-over-year (or 11.2% on a constant currency basis).
- Total bookings amounted to $945.0 million, reflecting an 11.0% increase year-over-year (or 11.2% on a constant currency basis).
- Unlevered free cash flow was $223.9 million, up 17.0% year-over-year.
- Over 1 million net new customers were added in 2020.
Headline financials
Revenue & EPS history
GoDaddy · Revenue · Quarterly
$844M
Revenue by segment
GoDaddy · $363M total across 1 segment · Q3 2023
- Applications and Commerce$363M+11.4%100.0%
Forward guidance
For the fourth quarter ending December 31, 2020, GoDaddy expects revenue of approximately $865 million, or approximately 11% year over year growth. For the full year, GoDaddy expects unlevered free cash flow of approximately $820 million, representing full year growth of 11% versus 2019.
Tailwinds
- Revenue is expected to be approximately $865 million, representing approximately 11% year-over-year growth.
- Domains revenue growth is expected to approximate double-digit growth.
- Business Applications revenue growth is expected to approximate high-teens growth.
- Hosting and Presence revenue growth is expected to approximate mid-single-digit growth.
- Full year unlevered free cash flow is expected to be approximately $820 million, representing full year growth of 11% versus 2019.
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
- Release of reconciliations would imply an inappropriate degree of precision.
- Unpredictable nature of rapidly evolving market
- Fluctuations in financial and operating results
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 Q3 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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