GoDaddy Q2 Earnings: Revenue Reaches $1.3B, AI Bookings Surge 5x, and $852M in Buybacks
GDDY sits 30% above its 52-week low of $71.59.
Summary
GoDaddy's Q2 2026 results featured revenue of $1.3 billion and net income of $240.1 million, while its AI product Airo saw bookings surge to a $50 million run rate. The company also repurchased $852 million in shares year-to-date, reducing the share count by 7%.
Key Events · Earnings and Guidance · GDDY
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Q2 Revenue and Profit Growth
Total revenue rose 7% year-over-year to $1.3 billion, with Applications and Commerce up 11% to $514.8 million. Net income increased 20% to $240.1 million, and NEBITDA grew 14% to $434.1 million, expanding margins to 33.4%.
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AI Bookings Surge 5x
Airo's annualized bookings run rate reached $50 million, up from $10 million just one quarter ago, demonstrating rapid customer adoption and engagement with GoDaddy's AI-powered tools.
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Aggressive Share Buybacks
Year-to-date through July 29, 2026, GoDaddy repurchased 9.8 million shares for $851.8 million, reducing fully diluted shares outstanding by 7% since the start of the year, directly enhancing EPS.
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Full-Year Guidance Narrowed
GoDaddy narrowed its 2026 revenue guidance to $5.215–$5.255 billion (6% growth at midpoint) and reaffirmed NEBITDA margin above 33% and free cash flow of approximately $1.8 billion.
Analysis · GDDY · Technology
A strong second quarter saw revenue climb 7% to $1.3 billion and net income jump 20% to $240.1 million. The real standout, however, is Airo—the AI-powered experience—whose annualized bookings run rate quintupled to $50 million in a single quarter, signaling that the AI transformation is gaining real commercial traction. Meanwhile, $852 million in share repurchases year-to-date have shrunk the share count by 7%, directly boosting per-share earnings. Guidance was narrowed but essentially reaffirmed, with full-year revenue seen at $5.215–$5.255 billion and free cash flow of about $1.8 billion. The combination of accelerating AI adoption, aggressive buybacks, and steady financial execution makes this a thesis-affirming quarter.
At the time of this filing, GDDY was trading at $93.09 on NYSE in the Technology sector, with a market capitalization of approximately $13.2B. The 52-week trading range was $71.59 to $165.94. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.