GoDaddy (GDDY) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 6.0% YoY to $1,341.8M; operating income increased 22.2% to $362.5M and net income rose 24.4% to $261.8M.

• Bookings increased 5.7% to $1,431.7M; Airo’s annualized bookings run rate exceeded $100M, more than doubling since Q2 and adding to bookings growth.

• Strategy positions Airo as a flagship product and aims to build an agentic operating system for micro and small businesses, supported by more than 20M customers and broad distribution.

Financial highlights

• Normalized EBITDA was $449.3M, up 10.0%; free cash flow was $480.8M, up 9.1%, and operating cash flow was $487.7M, up 9.8%.

• ARR increased 5.1% to $4,513.9M; ARPU rose 6.8% to $253 from $237.

• International revenue grew 3.1% to $435.5M; nine-month revenue was $3,906.7M, up 6.2%.

• Diluted EPS was $2.08 vs. $1.51; GAAP net income was $261.8M vs. $210.5M, and net income margin was 19.5% vs. 16.6%.

• Trailing 12-month free cash flow was $1.8B; NEBITDA margin was 33.5% vs. 32.3%, expanding 120 bps.

Outlook and guidance

• FY 2026 revenue is expected toward the high end of the $5.215B–$5.255B range; A&C growth is expected at ~10% and Core Platform growth at ~4%.

• FY NEBITDA margin target remains above 33%; free cash flow target is ~$1.8B, with conversion above 1:1.

• Q4 bookings growth, excluding FX impact, is expected to accelerate and be slightly ahead of revenue growth, driven by Airo adoption in A&C.

• Incremental Q4 Airo marketing spend is expected to be offset by efficiencies elsewhere; investment continues in AI products, platform, marketing and compute.