NYSE$GDDY

GoDaddy Inc. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

GoDaddy reported strong Q4 2020 results with revenue growth and customer acquisition.

GoDaddy reported Q4 2020 revenue of $873.9 million, a 12.0% increase year-over-year. Total bookings were $943.1 million, up 13.1% year-over-year. The company added 1.4 million net new customers in 2020 and saw strong growth in its commerce offerings.

  • Total revenue increased by 12.0% year-over-year to $873.9 million.
  • Total bookings grew by 13.1% year-over-year to $943.1 million.
  • GoDaddy welcomed nearly 1.4 million net new customers in 2020.
  • ARPU increased by 5.1% year-over-year to $166.

Headline financials

Total Revenue

$874M

Previous: $780M+12.0%
EPS (adj)

$0.41

Previous: $0.34+20.6%
Total Bookings

$943M

Previous: $833.60+113135696.5%
ARPU

$166.00

Previous: $158.00+5.1%
Total Customers

20.6M

Previous: 19.3K+107018.4%
Net Income

$70.8M

Previous: $61.10+115875513.7%
Operating Income

$92.5M

Previous: $73.50+125850240.1%
Cash & Equivalents

$765M

Previous: $1.06K+71998394.5%

Revenue & EPS history

GoDaddy · Revenue · Quarterly

$874M

Q4 2020+12%vs Q4 2019
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 expects total revenue of approximately $885 million for the first quarter ending March 31, 2021, representing approximately 12% year-over-year growth. For the full year ending December 31, 2021, the company expects total revenue of approximately $3.70 billion, representing approximately 12% year-over-year growth, and unlevered free cash flow of approximately $945 million, representing growth of 15%.

Tailwinds

  • Total revenue is expected to grow by approximately 12% year-over-year in Q1 2021.
  • Full year revenue is projected to reach approximately $3.70 billion in 2021.
  • Unlevered free cash flow is anticipated to grow by 15% in 2021.
  • GoDaddy completed the Poynt acquisition in February 2021.
  • GoDaddy launched The Hub, by GoDaddy Pro in January 2021.

Headwinds

  • GoDaddy's Chief Financial Officer and Chief Legal Officer announced their intention to retire in 2021.
  • Projections of changes in individual balance sheet amounts are not possible without unreasonable effort.
  • The company does not provide reconciliations from non-GAAP guidance to GAAP.
  • Actual results could differ materially from current expectations due to various factors.
  • The impact of the COVID-19 pandemic on business, customers, employees and third-party partners.

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 Q4 2020

Historical avgQ4 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

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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