GoDaddy Q3 Revenue Rises 10.3% to $1.27B, Customer Base Hits 20.41M
GoDaddy posted Q3 revenue of $1.27 billion, a 10.3% year-on-year increase, and beat EBITDA estimates while adding 4,000 customers to reach 20.41 million. For Q4, management sees revenue growth of 6.4% YoY, slightly below analysts' consensus as macro headwinds weigh on fiscal 2026 guidance.
1. Q3 Results
GoDaddy reported Q3 revenue of $1.27 billion, a 10.3% year-on-year increase, beating consensus on EBITDA and adding 4,000 customers to bring its subscriber base to 20.41 million.
2. Q4 Outlook
The company projects 6.4% year-on-year revenue growth for Q4, slightly trailing analyst estimates, while most covering analysts have maintained their forecasts and GoDaddy rarely misses top-line targets.
3. Peer Performance
Shopify posted 30.6% revenue growth and exceeded expectations by 2% but saw its shares fall 13%, whereas Commerce grew 2.9%, missed estimates by 0.8%, and saw a 1.1% share gain, offering context for GoDaddy’s upcoming results.
4. Sector Trends and Analyst Targets
Sales and marketing software stocks have declined 17.1% over the past month, with GoDaddy shares down 14.3% and an average analyst price target of $175 suggesting potential upside if guidance exceeds forecasts.