Slide 1: Q3 2025 Earnings Results
Manu Reyes Papakape PAPAKAPE.COM Q3 2025 Earnings Results October 30, 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
Manu Reyes Papakape Our vision PAPAKAPE.COM 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
Slide 4: Q3 progression towards GoDaddy's North Star
Q3 progression towards GoDaddy’s North Star 10% 14% 32% Total revenue A&C bookings NEBITDA growth growth margin Manu Reyes Papakape PAPAKAPE.COM 4 © 2025 GoDaddy Inc.
Slide 5: Pioneering the Agentic Open Internet
Payable Domains Security Paylinks Identity Marketplaces Pioneering Domain Payments Logo the Agentic Commerce Agentic Open Email In-store POS Internet Hosting Conversations Websites Online Store Presence Marketing Content 5 © 2025 GoDaddy Inc.
Slide 6: Leading through the emerging agentic era: Agentic Open Internet
Leading through the emerging agentic era: Agentic Open Internet Identity Airo platform evolving from Generative AI to Agentic AI Agentic Commerce AI agents transforming internal processes ANS providing the infrastructure Presence of the Agentic Open Internet Enter footnote text here or delete this t
Slide 7: Leading through the emerging agentic era: Agentic Open Internet
Leading through the emerging agentic era: Agentic Open Internet Identity Airo platform evolving from Generative AI to Agentic AI Agentic Commerce AI agents transforming internal processes ANS providing the infrastructure Presence of the Agentic Open Internet Enter footnote text here or delete this t
Slide 8: Introducing .ai
Introducing .ai 8 © 2025 GoDaddy Inc.
Slide 9: Agentic 'vibe coding' capabilities
Agentic ‘vibe coding’ capabilities 9 © 2025 GoDaddy Inc.
Slide 10: Leading through the emerging agentic era: Agentic Open Internet
Leading through the emerging agentic era: Agentic Open Internet Identity Airo platform evolving from Generative AI to Agentic AI Agentic Commerce AI agents transforming internal processes ANS providing the infrastructure Presence of the Agentic Open Internet Enter footnote text here or delete this t
Slide 11: Product innovation supercharged by agentic AI
Product innovation supercharged by agentic AI Airo App Builder DomainNames.com 11 © 2025 GoDaddy Inc.
Slide 12: Leading through the emerging agentic era: Agentic Open Internet
Leading through the emerging agentic era: Agentic Open Internet Identity Airo platform evolving from Generative AI to Agentic AI Agentic Commerce AI agents transforming internal processes ANS providing the infrastructure Presence of the Agentic Open Internet Enter footnote text here or delete this t
Slide 13: Building Trust at Internet Scale
Building Trust at Internet Scale Agent Name Service Registry for the Agentic Al Marketplace DNSSEC Hybrid CA A2AIMCP Merkle Logs DANE/TLSA Domain Connect GoDaddy Engineering Making agent registration as simple as domain registration 13 ©2025 Godaddy Ine @ GoDaddy
Slide 14: 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 15: GoDaddy AI transformation
Manu Reyes Papakape PAPAKAPE.COM GoDaddy AI Accelerating Agent Name Airo.ai innovation Service transformation 15 © 2025 GoDaddy Inc.
Slide 16: $440M free cash flow
Q3 progression towards GoDaddy’s North Star Raising full year revenue guide to 8%* $440M free cash flow 137M fully diluted shares outstanding 14% 21% A&C revenue growth Free cash flow growth Manu Reyes Papakape PAPAKAPE.COM *Represents growth at the midpoint of the range 2025E. 16 © 2025 GoDaddy Inc
Slide 17: Airo delivering high-quality cohorts
Airo delivering high-quality cohorts Customers spending $500+ annually Representing ~10% of our customer base with near-perfect retention 1.8M 1.5M 1.5M 1.5M $220 Contributing to higher attach $203 and average order size $197 $187 Driving meaningful ARPU growth of 10% in Q3 2021 2022 2023 2024 2025E
Slide 18: Q3 2025 revenue
Q3 2025 revenue 10% revenue growth with a ~100 bps mix shift trending towards increasing A&C revenue Core Applications & Platform Commerce $0.8B $1.3B $0.5B 8% growth 10% growth 14% growth 62% of revenue 38% of revenue 18 © 2025 GoDaddy Inc.
Slide 19: Multi-year track record of delivering strong margin expansion
Multi-year track record of delivering strong margin expansion Q3 NEBITDA Annual NEBITDA 32% margin 1,000+ bps expected cumulative margin expansion $409M $367M $1.4B 32% 11% $1.1B $1.0B growth $0.9B 31% 27% 25% 23% 18% CAGR 2024 2025 2021 2022 2023 2024 2025E NEBITDA Margin Represents four-year Norma
Slide 20: Q3 2025 financial results
Q3 2025 financial results Bookings Revenue NEBITDA Free cash flow ARPU $1,355M $1,265M $1,242M $1,148M $237 $440M $409M $215 $367M $363M 9% 10% 11% 21% 10% growth growth growth growth growth 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 20 © 2025 GoDaddy Inc.
Slide 21: Multi-year track record of delivering strong free cash flow growth
Multi-year track record of delivering strong free cash flow growth Q3 free cash flow Annual free cash flow $440M ~$1.6B $363M $1.4B $1.1B 21% $1.0B growth $0.9B 16% CAGR 2024 2025 2021 2022 2023 2024 2025E Represents four-year free cash flow CAGR. 21 © 2025 GoDaddy Inc.
Slide 22: Strong balance sheet & liquidity
Strong balance sheet & liquidity Leverage ratio Fixed interest rates providing stability Fixed 2.7X 87% Variable $924M cash 13% $1.9B total liquidity 1.7X 1.7X $2.9B in net debt Term loan Maturity $1.4B 2029 $1.0B 2031 Unsecured notes Maturity 2023 2024 Q3 2025 $600M 2027 $800M 2029 22 © 2025 GoDadd
Slide 23: Disciplined capital allocation strategy to drive shareholder returns
Disciplined Shares repurchased capital allocation $1.4B strategy to drive $1.3B $1.3B shareholder returns 173M 32% cumulative gross FDSO $0.7B reduction since 2021 $0.5B 137M Repurchased cumulative ~$5.2B since 2021 2021 2022 2023 2024 YTD 2025 Fully Diluted Shares Outstanding (FDSO) 23 © 2025 GoDad
Slide 24: Driving durable growth, expanding margins & generating attractive cash flow
Driving durable growth, expanding margins & generating attractive cash flow Outlook Q4 2025 2025 Revenue $1.255B - $1.275B $4.93B - $4.95B Segment growth rates: Applications & Commerce Low to mid-teens Mid-teens Core Platform Low single-digits Mid single-digits NEBITDA margin ~33% ~32% Free cash flo
Slide 25: Delivered at or ahead of all Q3 2025 targets
Delivered at or ahead of all Q3 2025 targets Growth/ Key metrics Q3 2025 Q3 2024 Q3 Guidance Expansion Revenue $1.265B $1.148B 10% $1.22B - $1.24B Applications & Commerce revenue $481M $423M 14% Mid-teens Core Platform revenue $784M $725M 8% Low single-digits Normalized EBITDA margin 32.3% 31.9% ~40
Slide 26: 3-year path towards our investor day target
3-year path towards our investor day target On track to exceed our North Star target $4.5B+ 6%-8% ~33% Cumulative free cash flow Annual revenue growth 2026 full year normalized through 2026 2024-2026 EBITDA margin 26 © 2025 GoDaddy Inc.
Slide 27: Q3 2025 Earnings Results — Appendix
Q3 2025 Earnings Results — Appendix October 2025 Manu Reyes Papakape PAPAKAPE.COM Felixberto Roslin & Richie Roslin Felchie's Ice Cream FELCHIESICECREAM.COM Felixberto Roslin & Richie Roslin Felchie's Ice Cream 27 © 2025 GoDaddy Inc. FELCHIESICECREAM.COM
Slide 28: Aftermarket revenue
Aftermarket revenue Transactional business subject to global macro-economic conditions Q3 Aftermarket revenue Annual Aftermarket revenue 28% increase $457M $438M $436M $136M $414M $265 $218 $217 $106M $191 $345 $252 2024 2025 2021 2022 2023 2024 2025E Average transaction value (ATV) 28 © 2025 GoDadd
Slide 29: 2025 Modeling Guide
2025 Modeling Guide Metric ($M) 2025 Capital expenditures ~$30M Cash interest on long-term debt ~$150M Cash income taxes ~$30M GAAP tax expense ~$150M GAAP interest expense, net ~$120M 29 © 2025 GoDaddy Inc.
Slide 30: NEBITDA & NEBITDA Margin
Non-GAAP reconciliation: NEBITDA & NEBITDA Margin Three months ended September 30, Reconciliation of NEBITDA ($M) 2025 2024 Net income $210.5 $190.5 Depreciation and amortization 28.4 32.8 Equity-based compensation expense1 79.6 74.4 Interest expense, net 28.7 33.2 Restructuring and other2 4.9 5.1 P
Slide 31: NEBITDA & NEBITDA Margin
Non-GAAP reconciliation: NEBITDA & NEBITDA Margin Year ended December 31, Reconciliation of NEBITDA ($M) 2021 2022 2023 2024 Net income $242.8 $352.9 $1,375.6 $936.9 Depreciation and amortization 199.6 194.6 171.3 135.3 Equity-based compensation expense1 207.9 264.4 294.0 299.1 Interest expense, net
Slide 32: Free Cash Flow
Non-GAAP reconciliation: Free Cash Flow Three months ended September 30, Reconciliation of free cash flow ($M) 2025 2024 Net cash provided by operating activities $444.2 $355.2 Capital expenditures (9.3) (5.0) Cash paid for acquisition-related costs1 0.2 0.1 Cash paid for restructuring and other cha
Slide 33: Free Cash Flow
Non-GAAP reconciliation: Free Cash Flow Year ended December 31, Reconciliation of free cash flow ($M) 2021 2022 2023 2024 Net cash provided by operating $829.3 $979.7 $1,047.6 $1,287.7 activities Capital expenditures (51.1) (59.7) (42.0) (26.6) Cash paid for acquisition-related costs1 64.9 37.9 11.2
Slide 34: Net Debt
Non-GAAP reconciliation: Net Debt Reconciliation of net debt ($M) September 30, 2025 Current portion of long-term debt 15.5 Long-term debt 3,768.9 Unamortized original issue discount and debt issuance costs 51.0 Total debt $3,835.4 Less: cash and cash equivalents (923.7) Net debt $2,911.7 34 © 2025
Slide 35: Constant Currency
Reconciliation: Constant Currency Reconciliation of constant currency ($M) September 30, 2025 Revenue 1,265.3 Constant currency adjustment 0.2 Constant currency revenue $1,265.5 Bookings 1,354.5 Constant currency adjustment (1.2) Constant currency bookings $1,353.3 35 © 2025 GoDaddy Inc.
Slide 36: 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 37: 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 38: Q3 2025 Earnings Results
Q3 2025 Earnings Results October 30, 2025 Manu Reyes Papakape PAPAKAPE.COM