GoDaddy Inc
For the period ended Mar 31, 2025. Filed May 2, 2025.
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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.
Mar 31, 2025 · Filed May 2, 2025
GDDY$113.13+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (unaudited)
(In millions)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities | ||
| Net income | $219.5 | $401.5 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 30.8 | 37.2 |
| Equity-based compensation expense | 80.4 | 71.8 |
| (Gain) loss on derivative instruments | 18.2 | (4.6) |
| Deferred taxes | 20.0 | (259.5) |
| Other | 10.8 | 12.1 |
| Changes in operating assets and liabilities: | ||
| Prepaid domain name registry fees | (31.5) | (22.1) |
| Accounts payable | (19.1) | (26.5) |
| Accrued expenses and other current liabilities | (18.0) | (19.4) |
| Deferred revenue | 156.5 | 146.1 |
| Other operating assets and liabilities | (62.9) | (39.4) |
| Net cash provided by operating activities | 404.7 | 297.2 |
| Investing activities | ||
| Maturities of short-term investments | — | 40.0 |
| Purchases of property and equipment | (3.6) | (4.4) |
| Other investing activities | — | 8.1 |
| Net cash provided by (used in) investing activities | (3.6) | 43.7 |
| Financing activities | ||
| Repurchases of Class A common stock(1) | (767.4) | (128.3) |
| Other financing activities | (4.8) | (6.7) |
| Net cash used in financing activities | (772.2) | (135.0) |
| Effect of exchange rate changes on cash and cash equivalents | 1.5 | (0.7) |
| Net increase (decrease) in cash and cash equivalents | (369.6) | 205.2 |
| Cash and cash equivalents, beginning of period | 1,089.0 | 458.8 |
| Cash and cash equivalents, end of period | $719.4 | $664.0 |
| Cash paid during the period for: | ||
|---|---|---|
| Interest on long-term debt, including impact of interest rate swaps | $32.9 | $31.2 |
| Income taxes, net of refunds received | $2.4 | $5.2 |
| Amounts included in the measurement of operating lease liabilities | $9.9 | $10.6 |
| Supplemental disclosure of non-cash transactions | ||
| Operating lease assets obtained in exchange for operating lease liabilities | $1.6 | $0.3 |
| Accrued purchases of property and equipment at period end | $0.3 | $0.5 |
| Share repurchases not yet settled | $— | $19.3 |
(1)The three months ended March 31, 2025 includes $767.4 million of upfront payments to repurchase shares of our Class A common stock in conjunction with two ASRs as further discussed in Note 4.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.