GoDaddy Q4 Revenue Rises 6.8% to $1.27B; EPS Beats by 13.6%
GoDaddy reported Q4 revenue of $1.27 billion, up 6.8% year-over-year, topping forecasts by 0.4%, with EPS of $1.80, up from $1.42 and a 13.6% surprise. ARR reached $4.34 billion versus $4.31 billion estimate, while applications & commerce revenue grew 12.8% to $497.7 million and core platform revenue rose 3.3% to $776.2 million.
1. Q4 Revenue and Earnings
GoDaddy posted Q4 revenue of $1.27 billion, a 6.8% increase year-over-year, exceeding the consensus by 0.4%. The company delivered EPS of $1.80, up from $1.42 a year ago, representing a 13.6% surprise over estimates.
2. Operational and Segment Metrics
Total bookings reached $1.28 billion versus a $1.31 billion estimate, and customer count stood at 20.42 million against 20.54 million forecast. Annualized recurring revenue hit $4.34 billion, surpassing the $4.31 billion estimate. Applications & commerce revenue climbed 12.8% to $497.7 million, while core platform revenue rose 3.3% to $776.2 million. Segment EBITDA was $270.4 million for the core platform and $234.3 million for applications & commerce.
3. Stock Performance and Analyst Rating
Shares have fallen 17.2% over the past month versus a 1% decline in the S&P 500. Despite recent underperformance, analysts maintain a Buy consensus on the stock, indicating expectations for near-term outperformance.