NYSE$GDDY

GoDaddy Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

GoDaddy's Q3 2021 earnings were released, revealing a 14% year-over-year increase in revenue and a 10% year-over-year increase in bookings.

GoDaddy reported a strong Q3 2021 with revenue up 14% year-over-year and bookings up 10% year-over-year. The company launched its OmniCommerce solution and saw growth in Websites + Marketing and Commerce ARR.

  • GoDaddy launched its OmniCommerce solution for Websites + Marketing, featuring point-of-sale devices and integrated payments.
  • Websites + Marketing ARR grew more than 20% year-over-year.
  • Commerce ARR grew more than 30% year-over-year.
  • The company executed an accelerated share repurchase agreement, buying back 3.4 million shares.

Headline financials

Total Revenue

$964M

Previous: $844M+14.2%
EPS (adj)

$0.58

Previous: $0.38+52.6%
Total Bookings

$1.04B

Previous: $945M+9.9%
Capital Expenditures

-$33.7M

Previous: -$39.1M+13.8%
Free Cash Flow

$63.8M

Previous: $25.6M+149.2%
Net Income

$97.5M

Previous: $64.7M+50.7%
Operating Income

$131M

Previous: $92.4M+42.1%
Gross Profit

-$396M

Previous: -$340M-16.2%
Cash & Equivalents

$1.14B

Previous: $622M+83.9%
Total Assets

$7.3B

Previous: $6.21B+17.6%

Revenue & EPS history

GoDaddy · Revenue · Quarterly

$964M

Q3 2021+14.2%vs Q3 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

For Q4 2021, GoDaddy expects revenue of approximately $970 million. The company raised its full year revenue guide to approximately $3.765 billion and its full year unlevered free cash flow guide to approximately $960 million.

Tailwinds

  • Revenue growth of approximately 11% year over year is expected for Q4 2021.
  • Full year revenue is guided to approximately $3.765 billion, representing 14% year over year growth.
  • Full year unlevered free cash flow is guided to approximately $960 million, representing 16% year over year growth.

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 2021

Historical avgQ3 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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