GoDaddy Inc
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
GDDY$111.71-2.3%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
Consolidated Statements of Operations (unaudited)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| Applications and commerce | $405.6 | $351.7 | $788.7 | $689.7 |
| Core platform | 718.9 | 696.4 | 1,444.3 | 1,394.4 |
| Total revenue | 1,124.5 | 1,048.1 | 2,233.0 | 2,084.1 |
| Costs and operating expenses(1): | ||||
| Cost of revenue (excluding depreciation and amortization) | 408.3 | 388.4 | 822.8 | 774.5 |
| Technology and development | 205.9 | 219.2 | 408.8 | 434.2 |
| Marketing and advertising | 93.2 | 89.5 | 180.7 | 181.9 |
| Customer care | 73.3 | 77.7 | 149.7 | 154.5 |
| General and administrative | 95.6 | 92.7 | 187.3 | 186.8 |
| Restructuring and other | 6.9 | 17.5 | 29.3 | 69.8 |
| Depreciation and amortization | 33.1 | 43.5 | 70.3 | 92.0 |
| Total costs and operating expenses | 916.3 | 928.5 | 1,848.9 | 1,893.7 |
| Operating income | 208.2 | 119.6 | 384.1 | 190.4 |
| Interest expense | (39.5) | (45.6) | (80.8) | (91.4) |
| Loss on debt extinguishment | (2.1) | — | (3.1) | — |
| Other income (expense), net | 8.3 | 6.8 | 17.9 | 29.4 |
| Income before income taxes | 174.9 | 80.8 | 318.1 | 128.4 |
| Benefit (provision) for income taxes | (28.6) | 2.3 | 229.7 | 2.1 |
| Net income | 146.3 | 83.1 | 547.8 | 130.5 |
| Less: net income attributable to non-controlling interests | — | 0.2 | — | 0.3 |
| Net income attributable to GoDaddy Inc. | $146.3 | $82.9 | $547.8 | $130.2 |
| Net income attributable to GoDaddy Inc. per share of Class A common stock: | ||||
| Basic | $1.04 | $0.54 | $3.86 | $0.85 |
| Diluted | $1.01 | $0.54 | $3.77 | $0.84 |
| Weighted-average shares of Class A common stock outstanding: | ||||
| Basic | 141,269 | 152,328 | 141,899 | 153,221 |
| Diluted | 144,644 | 154,064 | 145,321 | 155,756 |
| ___________________________ | ||||
| (1) Costs and operating expenses include equity-based compensation expense as follows: | ||||
| Cost of revenue | $0.3 | $0.4 | $0.3 | $0.8 |
| Technology and development | 39.3 | 42.0 | 76.8 | 81.0 |
| Marketing and advertising | 7.9 | 7.3 | 15.2 | 13.9 |
| Customer care | 5.7 | 6.5 | 11.5 | 11.9 |
| General and administrative | 23.0 | 21.3 | 43.4 | 41.5 |
| Restructuring and other | — | — | 0.8 | 2.3 |
| Total equity-based compensation expense | $76.2 | $77.5 | $148.0 | $151.4 |
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