GoDaddy Inc. reported its financial results for the second quarter of 2025, revealing a total revenue of $1,217.6 million, an increase of 8.3% compared to $1,124.5 million in the same period last year. The growth was driven by a 14.4% rise in the Applications and Commerce (A&C) segment, which generated $463.9 million, and a 4.8% increase in the Core Platform segment, which brought in $753.7 million. The company also reported a significant increase in net income, reaching $199.9 million, up 36.6% from $146.3 million in the prior year, aided by a one-time tax benefit of $34.6 million.
In terms of operational metrics, GoDaddy's total bookings for the quarter were $1,345.3 million, reflecting a 6.6% increase year-over-year. The company ended the quarter with approximately 20.4 million customers, a slight decrease from 20.9 million in the previous year. Average revenue per user (ARPU) improved to $230, up from $210, indicating enhanced product adoption and customer engagement. The company also reported a total of 80.4 million domains under management, down from 82.1 million a year earlier.
GoDaddy's financial performance was supported by strategic investments in technology and development, which saw expenses rise to $214.3 million, a 4.1% increase from the previous year. The company continues to focus on enhancing its product offerings, including the AI-powered GoDaddy Airo experience, which aims to streamline the process for small businesses to establish an online presence. Additionally, GoDaddy has initiated a transition away from operating as the registry service provider for the .CO top-level domain, expected to begin in the fourth quarter of 2025, although this is not anticipated to materially impact financial results.
The company’s balance sheet remains strong, with total assets of $8.27 billion as of June 30, 2025, compared to $8.24 billion at the end of 2024. GoDaddy's cash and cash equivalents stood at $1.09 billion, slightly down from $1.09 billion at the end of the previous year. The company has also been active in share repurchases, having repurchased approximately 0.2 million shares for $27 million during the first half of 2025, with $2.97 billion remaining under its current repurchase authorization. Looking ahead, GoDaddy expects to continue leveraging its operational strengths and strategic initiatives to drive growth, while maintaining a focus on customer retention and product innovation.
About GoDaddy Inc.
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