GoDaddy (GDDY) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Information Technology
Services-Computer Integrated Systems DesignSEC EDGAR

GoDaddy (GDDY) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

GoDaddy FY2025 10-K Analysis

Business Overview

  • One-stop-shop platform for 20.4M small business customers: domain identity, web presence, and commerce tools anchored by AI-powered Airo platform
  • Launched Agent Name Service (ANS) end of 2025 — open trust layer for AI-powered agents on emerging "agentic open internet"; developers register agents via public API
  • A&C segment revenue share grew to 38% of total (vs 36% in 2024, 34% in 2023), reflecting ongoing strategic shift from legacy domain-heavy Core Platform toward software/commerce
  • Revenue $4,951.1M, up 8.3% YoY; 2025 total bookings $5,400.0M, up 7.2%; over half of internally generated code now written by AI tools
  • GoDaddy Capital launched in 2025 — merchant cash advance up to $1.0M for GoDaddy Payments users, paired with new Instant Payout on-demand disbursement feature

Management Discussion & Analysis

  • Revenue $4,951.1M, up 8.3% YoY; A&C best segment at +14.3% ($1,889M) vs Core +4.9% ($3,062M)
  • Operating margin 22.8% vs 19.5% prior year; NEBITDA margin implied at $1,585.9M vs $1,395.9M (+13.6%)
  • A&C Segment EBITDA margin 45.4% vs 44.7% (+70 bps); Core Segment EBITDA margin 33.0% vs 31.9% (+110 bps)
  • Operating cash flow $1,599.4M (+24.2%); share repurchases $834.8M in FY25 plus $767.4M ASRs; $2,165.2M buyback authorization remaining through 2027
  • Management expects T&D costs to decline as % of revenue; AI monetization trends flagged as risk to pricing; .CO registry loss immaterial but signals competitive domain pressure

Risk Factors

  • FTC settlement approved May 21, 2025 requires GoDaddy to comply with specific security requirements for hosting services for at least 20 years
  • International revenue ~33% of total in 2025; geopolitical risks from China, Ukraine/Russia, Middle East conflicts could materially impact operations
  • Heavy concentration on AWS for cloud infrastructure; termination or outage would disrupt platform with limited short-term alternatives
  • AI-driven website creation tools risk displacing demand for core domain and website-building products; pricing pressure could increase
  • Significant indebtedness via Credit Facility and Senior Notes; restrictive covenants limit acquisitions, dividends, and additional capital raises

GoDaddy FY2025 Key Financial Metrics
XBRL

Revenue

$5.0B

+8.3% YoY

Net Income

$875M

-6.6% YoY

Operating Margin

22.8%

+323bp YoY

Net Margin

17.7%

-281bp YoY

ROE

406.8%

+27142bp YoY

Total Assets

$8.0B

-2.4% YoY

EPS (Diluted)

$6.22

-3.6% YoY

Operating Cash Flow

$1.6B

+24.2% YoY

Source: XBRL data from GoDaddy FY2025 10-K filing on SEC EDGAR. All figures in USD.

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