GoDaddy Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
GDDY$111.71-2.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue: | |||
| Applications & commerce | $1,430.4 | $1,279.7 | $1,128.3 |
| Core platform | 2,823.7 | 2,811.6 | 2,687.4 |
| Total revenue | 4,254.1 | 4,091.3 | 3,815.7 |
| Costs and operating expenses(1): | |||
| Cost of revenue (excluding depreciation and amortization) | 1,573.6 | 1,484.5 | 1,372.2 |
| Technology and development | 839.6 | 794.0 | 706.3 |
| Marketing and advertising | 352.9 | 412.3 | 503.9 |
| Customer care | 304.5 | 305.9 | 306.1 |
| General and administrative | 374.0 | 385.5 | 345.8 |
| Restructuring and other | 90.8 | 15.7 | (0.3) |
| Depreciation and amortization | 171.3 | 194.6 | 199.6 |
| Total costs and operating expenses | 3,706.7 | 3,592.5 | 3,433.6 |
| Operating income | 547.4 | 498.8 | 382.1 |
| Interest expense | (179.0) | (146.3) | (126.0) |
| Loss on debt extinguishment | (1.5) | (3.6) | — |
| Other income (expense), net | 36.9 | 7.6 | (2.5) |
| Income before income taxes | 403.8 | 356.5 | 253.6 |
| Benefit (provision) for income taxes | 971.8 | (3.6) | (10.8) |
| Net income | 1,375.6 | 352.9 | 242.8 |
| Less: net income attributable to non-controlling interests | 0.8 | 0.7 | 0.5 |
| Net income attributable to GoDaddy Inc. | $1,374.8 | $352.2 | $242.3 |
| Net income attributable to GoDaddy Inc. per share of Class A common stock: | |||
| Basic | $9.27 | $2.22 | $1.44 |
| Diluted | $9.08 | $2.19 | $1.42 |
| Weighted-average shares of Class A common stock outstanding: | |||
| Basic | 148,296 | 158,788 | 167,906 |
| Diluted | 151,452 | 161,457 | 171,105 |
| ___________________________ | |||
| (1) Costs and operating expenses include equity-based compensation expense as follows: | |||
| Cost of revenue | $1.3 | $1.5 | $0.9 |
| Technology and development | 162.4 | 140.3 | 110.0 |
| Marketing and advertising | 27.9 | 29.1 | 24.8 |
| Customer care | 24.1 | 20.0 | 14.1 |
| General and administrative | 78.3 | 73.5 | 58.1 |
| Restructuring and other | 2.3 | — | — |
| Total equity-based compensation expense | $296.3 | $264.4 | $207.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.