NYSE$GDDY
GoDaddy Inc. · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
GoDaddy reported strong Q4 and full year 2023 results, with revenue up 6% year-over-year and a net income margin of 103%.
GoDaddy reported strong fourth-quarter results, with total revenue of $1.1 billion, up 6% year-over-year. The company's net income was $1.1 billion, representing a 103% margin. GoDaddy's Applications & Commerce revenue increased by 13% year-over-year, and free cash flow grew by 51%.
- Total revenue was $1.1 billion, a 6% increase year-over-year.
- Applications & Commerce revenue increased by 13%.
- Net income reached $1.1 billion, resulting in a 103% margin.
- Free cash flow increased by 51%.
Headline financials
Revenue & EPS history
GoDaddy · Revenue · Quarterly
$1.1B
Revenue by segment
GoDaddy · $363M total across 1 segment · Q3 2023
- Applications and Commerce$363M+11.4%100.0%
Forward guidance
GoDaddy expects for the first quarter ending March 31, 2024, total revenue in the range of $1.085 billion to $1.105 billion, representing year-over-year growth of 6% at the midpoint, versus the same period in 2023. For the full year ending December 31, 2024, GoDaddy is targeting total revenue in the range of $4.480 billion to $4.560 billion, representing year-over-year growth of 6% at the midpoint, versus the $4.25 billion of revenue generated for the full year ended December 31, 2023.
Tailwinds
- Targeting FY24 revenue between $4.480 billion and $4.560 billion, representing 6% year-over-year growth at the midpoint.
- Expecting Q1 2024 revenue between $1.085 billion and $1.105 billion, representing 6% year-over-year growth at the midpoint.
- Projecting FY24 Normalized EBITDA margin of approximately 29%, with a Q4 Normalized EBITDA margin of approximately 31%.
- Anticipating FY24 unlevered free cash flow of at least $1.4 billion.
- Forecasting FY24 free cash flow of at least $1.2 billion.
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 2023
+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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