Godaddy Inc. · NYSE:GDDY
Godaddy — Q2 2025 Earnings Presentation
30 slides from Godaddy's earnings presentation, Aug 7, 2025
Slide 1: Q2 2025 Earnings Results
Q2 2025 Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM Earnings Results August 7, 2025 © 2025 GoDaddy Inc..
Slide 2: Forward-looking statements and non-GAAP financial measures
Forward-looking statements and non-GAAP financial measures This presentation contains forward-looking statements which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on estimates and information available to us at the tim
Slide 3: Our vision, mission and strategy
Our vision Radically shift the global economy toward life-fulfilling entrepreneurial ventures Our mission Empower entrepreneurs everywhere, making opportunity more inclusive for all Our strategy Everyday entrepreneurs trust their ideas with us. We guide them to build their business digitally. Our gl
Slide 4: Q2 progression towards GoDaddy's North Star
Q2 progression towards GoDaddy’s North Star 7% ~200 bps 21% Bookings NEBITDA Free cash growth margin expansion flow growth Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM 4 © 2025 GoDaddy Inc. Inc..
Slide 5: Partnering with our customers
Payable Domains Security Paylinks Partnering Identity Marketplaces with our Domain customers Payments Logo Commerce at every point Email on the In-store POS Entrepreneur’s Conversations Hosting Wheel Online Store Websites Presence Marketing Felixberto Roslin & Richie Roslin Content Felchie's Ice Cre
Slide 6: The power of GoDaddy Airo supercharged by agentic AI
The power of GoDaddy Air supercharged by agentic AI 6 © 2025 GoDaddy Inc.
Slide 7: Key initiatives driving sustainable growth
Key initiatives driving sustainable growth Pricing & Bundling Seamless Experience Commerce GoDaddy Airo® • Key contributor to • Key contributor to • Key contributor to • Key contributor to 20% A&C bookings 20% A&C bookings 20% A&C bookings 20% A&C bookings growth growth growth growth • Productivity-
Slide 8: Key initiatives driving sustainable growth
Key initiatives driving sustainable growth Pricing & Bundling Seamless Experience Commerce GoDaddy Airo® • Delivering across both • Enhancing customer • Achieving $3B • Driving stronger A&C and Core experience and milestone in renewal rates, Platform reducing friction annualized Gross customer spend
Slide 9: Driving results
Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM Driving Executing on our Accelerating pace of Well-positioned for long-term results strategy innovation success 9 © 2025 GoDaddy Inc. Inc..
Slide 10: Q2 progression towards GoDaddy's North Star
Q2 progression towards GoDaddy’s North Star $392M free cash flow 142M fully diluted shares outstanding 14% 31% A&C revenue growth NEBITDA margin Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM 10 © 2025 GoDaddy Inc. Inc..
Slide 11: Q2 2025 revenue
Q2 2025 revenue 8% revenue growth with a ~200 bps mix shift trending towards increasing A&C revenue Core Applications & Platform Commerce $0.8B $1.2B $0.5B 5% growth 8% growth 14% growth 62% of revenue 38% of revenue 11 © 2025 GoDaddy Inc..
Slide 12: Q2 2025 financial results
Q2 2025 financial results Free Bookings Revenue NEBITDA ARPU cash flow $1,345M $1,218M $1,262M $1,124M $392M $230 $382M 7% 8% $210 $332M $323M growth growth 15% 21% 10% growth growth growth 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 12 © 2025 GoDaddy Inc..
Slide 13: Multi-year track record of delivering strong margin expansion
Multi-year track record of delivering strong margin expansion Q2 NEBITDA Annual NEBITDA 180 bps margin expansion ~1,000 bps expected cumulative margin expansion $382M $1.4B $332M +100 bps $1.1B $1.0B 31% $0.9B 31% 27% 29% 25% 23% 18% CAGR 2024 2025 2021 2022 2023 2024 2025E NEBITDA Margin Represents
Slide 14: Multi-year track record of delivering strong free cash flow growth
Multi-year track record of delivering strong free cash flow growth Raising 2025 free cash flow guidance to ~$1.6B Q2 free cash flow Annual free cash flow ~$1.6B $392M $1.4B $323M $1.1B 21% $1.0B growth $0.9B 16% CAGR 2024 2025 2021 2022 2023 2024 2025E Represents four-year free cash flow CAGR. 14 ©
Slide 15: Strong balance sheet & disciplined capital allocation
Strong balance sheet & disciplined Fixed interest rates Leverage ratio capital allocation providing stability strategy Fixed 2.7X 87% Variable $1.1B cash 13% $2.1B total liquidity 1.7X 1.6X $2.8B in net debt Term loan Maturity $1.5B 2029 $1.0B 2031 Year to date repurchased Unsecured notes Maturity 2
Slide 16: Driving durable growth, expanding margins & generating attractive cash flow
Driving durable growth, expanding margins & generating attractive cash flow Outlook Q3 2025 2025 Revenue $1.22B - $1.24B $4.89B - $4.94B Segment growth rates: Applications & Commerce Mid-teens Core Platform Low single-digits NEBITDA margin ~32% +100 bps Free cash flow ~$1.6B Felixberto Roslin & Rich
Slide 17: Delivered at or ahead of all Q2 2025 targets
Delivered at or ahead of all Q2 2025 targets Growth/ Key metrics Q2 2025 Q2 2024 Q2 Guidance Expansion Revenue $1.218B $1.124B 8% $1.195B - $1.215B Applications & Commerce revenue $464M $406M 14% Mid-teens Core Platform revenue $754M $719M 5% Low single-digits Normalized EBITDA margin 31.3% 29.5% 18
Slide 18: 3-year path towards GoDaddy's North Star
3-year path towards GoDaddy’s North Star Maximizing free cash flow over the long term $4.5B+ 6%-8% ~33% Cumulative free cash flow Annual revenue growth 2026 full year normalized through 2026 2024-2026 EBITDA margin 18 © 2025 GoDaddy Inc.
Slide 19: Q2 2025 Earnings Results — Appendix
Q2 2025 Earnings Results — Appendix August 2025 Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM Felixberto Roslin & Richie Roslin Felchie's Ice Cream 19 © 2025 GoDaddy Inc. Inc.. FELCHIESICECREAM.COM
Slide 20: Aftermarket revenue
Aftermarket revenue Transactional business subject to global macro-economic conditions Q2 Aftermarket revenue Annual Aftermarket revenue 7% increase $457M $438M $436M $119M $414M $112M $265 $312 $218 $217 $191 $258 2024 2025 2021 2022 2023 2024 2025E Average transaction value (ATV) 20 © 2025 GoDaddy
Slide 21: 2025 Modeling Guide
2025 Modeling Guide Metric ($M) 2025 Capital expenditures ~$30M Cash interest on long-term debt ~$150M Cash income taxes ~$30M GAAP tax expense ~$150M GAAP interest expense, net ~$120M 21 © 2025 GoDaddy Inc..
Slide 22: NEBITDA & NEBITDA Margin
Non-GAAP reconciliation: NEBITDA & NEBITDA Margin Three months ended June 30, Reconciliation of NEBITDA ($M) 2025 2024 Net income $199.9 $146.3 Depreciation and amortization 30.6 33.1 Equity-based compensation expense1 81.0 76.2 Interest expense, net 29.5 34.5 Restructuring and other2 1.5 13.0 Provi
Slide 23: NEBITDA & NEBITDA Margin
Non-GAAP reconciliation: NEBITDA & NEBITDA Margin Year ended December 31, Reconciliation of NEBITDA ($M) 2021 2022 2023 2024 Net income $242.8 $352.9 $1,375.6 $936.9 Depreciation and amortization 199.6 194.6 171.3 135.3 Equity-based compensation expense1 207.9 264.4 294.0 299.1 Interest expense, net
Slide 24: Free Cash Flow
Non-GAAP reconciliation: Free Cash Flow Three months ended June 30, Reconciliation of free cash flow ($M) 2025 2024 Net cash provided by operating activities $379.9 $294.8 Capital expenditures (4.1) (2.8) Cash paid for acquisition-related costs1 9.3 0.2 Cash paid for restructuring and other charges2
Slide 25: Free Cash Flow
Non-GAAP reconciliation: Free Cash Flow Reconciliation of free cash flow Year ended December 31, ($M) 2021 2022 2023 2024 Net cash provided by operating $829.3 $979.7 $1,047.6 $1,287.7 activities Capital expenditures (51.1) (59.7) (42.0) (26.6) Cash paid for acquisition-related costs1 64.9 37.9 11.2
Slide 26: Net Debt
Non-GAAP reconciliation: Net Debt Reconciliation of net debt ($M) June 30, 2025 Current portion of long-term debt 15.7 Long-term debt 3,772.4 Unamortized original issue discount and debt issuance costs 53.4 Total debt $3,841.5 Less: cash and cash equivalents (1,086.7) Net debt $2,754.8 26 © 2025 GoD
Slide 27: Constant Currency
Reconciliation: Constant Currency Reconciliation of constant currency ($M) June 30, 2025 Revenue 1,217.6 Constant currency adjustment 1.6 Constant currency revenue $1,219.2 Bookings 1,345.3 Constant currency adjustment 0.6 Constant currency bookings $1,345.9 27 © 2025 GoDaddy Inc..
Slide 28: Non-GAAP financial measures and other operating and business metrics
Non-GAAP financial measures and other operating and business metrics Total bookings is an operating metric representing the total value of customer contracts entered into during the period, excluding refunds. We believe total bookings provides additional insight into the performance of our business
Slide 29: Non-GAAP financial measures and other operating and business metrics
Non-GAAP financial measures and other operating and business metrics Net debt is defined as total debt less cash and cash equivalents and short-term investments. Total debt consists of the current portion of long- term debt plus long-term debt and unamortized original issue discount and debt issuanc
Slide 30: Q2 2025 Earnings Results
Q2 2025 Earnings Results August 7, 2025 Felixberto Roslin & Richie Roslin 30 © 2025 GoDaddy Inc. Felchie's Ice Cream FELCHIESICECREAM.COM