GoDaddy (GDDY) Q3 2025 earnings summary

Executive summary

• Achieved 10–10.3% year-over-year revenue growth in Q3 2025, with Applications & Commerce (A&C/ANC) revenue up 14% and Core Platform up 8%, supported by strong customer cohorts and AI-driven innovation.

• Normalized EBITDA margin reached 32–32.3%, with EBITDA up 11–11.5% to $409 million.

• Free cash flow grew 21% year-over-year to $440–$440.5 million.

• Net income increased 10–10.5% to $210.5 million; operating income rose 16.9–17% to $296.7 million.

• Launched new AI-powered Airo agents, transitioned to Agentic AI, and introduced Agent Name Service (ANS) for agent identity and trust.

Financial highlights

• Q3 2025 revenue: $1.265–$1.3 billion, up 10–10.3% year-over-year, surpassing guidance.

• Applications & Commerce/ANC revenue: $481 million (13.7–14% growth); Core Platform: $784–$784.3 million (8–8.3% growth); Aftermarket up 28%.

• International revenue grew 14–14.4%.

• Total bookings up 9–9.1% to $1.35–$1.4 billion.

• Free cash flow: $440–$440.5 million (21% growth); ARPU: $237, up 10%.

Outlook and guidance

• Full-year 2025 revenue guidance raised to $4.93–$4.95 billion, representing 8% growth at midpoint.

• Q4 2025 revenue expected at $1.255–$1.275 billion, 6% growth at midpoint.

• Full-year normalized EBITDA/NEBITDA margin expected at ~32%; Q4 projected at 33%.

• Free cash flow target reaffirmed at ~$1.6 billion, over 18% growth.

• A&C/ANC revenue growth projected in mid-teens; Core Platform in mid-single digits.