GoDaddy Inc.

Q2 FY26IT Services

GoDaddy Inc. Q2 FY26 Results — Earnings Call Analysis

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹86

Market cap₹11.4K Cr

P/E14.1

Updated30 May 2026

Read4 min read

What the Q2 FY26 call signalled

3 of 4 strong

RevenueSlow growth

MarginMargins up

CapexCapex planned

Order bookOrder book rising

The short version

- Reaffirmed full year 2026 revenue guidance of $5.195 billion to $5.275 billion, representing 6% growth at midpoint. - GoDaddy reaffirms full-year 2026 revenue guidance of $5.195 billion to $5.275 billion, indicating about 6% growth at midpoint.

From GoDaddy Inc.'s Q2 FY26 earnings-call transcript · updated 30 May 2026.

Revenue & Sales Performance

Slow growth

Reaffirmed full year 2026 revenue guidance of $5.195 billion to $5.275 billion, representing 6% growth at midpoint.
Q2 revenue target of $1.285 billion to $1.305 billion, also reflecting 6% growth at midpoint.
Expect A&C (Applications & Commerce) revenue growth in low double digits and Core Platform growth in low single digits for Q2 and full year.
Total bookings grew 3% in Q1, with A&C bookings up 9% and Core Platform bookings declined 1%; bookings and revenue growth rates expected to be at or above parity for remainder of year, excluding FX impact.
AI-enabled products (e.g., Airo AI Builder) contribute to bookings and expected to scale with increased marketing and traffic.

2 more points management made on revenue & sales performance

Profitability & Margins

GoDaddy reaffirms full-year 2026 revenue guidance of $5.195 billion to $5.275 billion, indicating about 6% growth at midpoint.
Normalized EBITDA margin is expected to remain approximately 33% in Q2 and exceed 33% for the full year.
Free cash flow target for the full year remains approximately $1.8 billion with a greater than 1:1 conversion from normalized EBITDA.
Bookings and revenue growth rates are expected to be at or above parity for the remainder of the year, signaling improving momentum.
AI-driven efficiencies and operational execution continue to drive margin expansion and support investments in AI-native products and marketing.

2 more points management made on profitability & margins

See what GoDaddy Inc. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

The company plans to increase marketing spend significantly for the Airo AI Builder starting in Q2, funded by efficiencies elsewhere in the business, following a disciplined, evidence-based investment approach.
Continued investments are made in AI-driven product innovations, marketing, and compute costs to support AI transformation while maintaining operational leverage and margin expansion.
No specific mention of large-capital expenditures beyond marketing and AI-related investments; the focus is on scaling AI-native products and optimizing marketing spend based on return data.

Capital allocation remains disciplined with over 95% of free cash flow historically returned to shareholders via buybacks, though buybacks in Q1 were below free cash flow, and cash on hand is strong, affording flexibility for future strategic investments or M&A opportunities.
The company emphasizes balancing investment in AI initiatives with operational efficiencies to enhance margins and free cash flow without compromising shareholder returns.

2 more points management made on capital expenditure plans

Fundraising & Capital Structure

No mention was made of any new fundraising through debt or equity in the provided transcript.
The company highlights a strong balance sheet and financial flexibility, with $1.3 billion in cash and total liquidity of $2.3 billion.
Net debt stands at $2.6 billion, with net leverage of 1.4x on a trailing 12-month basis, within their target range.

2 more points management made on fundraising & capital structure

See what GoDaddy Inc. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising

Total bookings grew 3% to $1.5 billion in the reported quarter.
Bookings reflect impact from promotional offers, .CO registry contract expiration, and prior-year aftermarket strength.
A&C (Applications & Commerce) bookings grew 9%.
Core Platform bookings declined 1%.
The quarter reflects the peak impact of these dynamics.

2 more points management made on order book & pipeline

Others in IT Services this season

Applied Digital Corporation (Q2 FY26)
Applied Digital Corporation Q2 FY26 quarterly results analysis. Revenues expected to ramp significantly over the next 12 months as two 150-megawatt buildings co
DigitalOcean Holdings, Inc. (Q2 FY26)
DigitalOcean Holdings, Inc. Q2 FY26 quarterly results analysis. 2026 revenue expected to be $1.13B to $1.145B, representing 25% to 27% YoY growth. Market Cap $1
Akamai Technologies, Inc. (Q2 FY26)
Akamai Technologies, Inc. Q2 FY26 quarterly results analysis. **Cloud Infrastructure Services (CIS):** Expected to grow at least 50% year-over-year in constant
Cognizant Technology Solutions Corporation (Q2 FY26)
Cognizant Technology Solutions Corporation Q2 FY26 quarterly results analysis. Q1 revenues grew 3.9% year-over-year in constant currency, driven by ramp-up of l

Compare:vs International Business Machines Corporation vs Shopify Inc.vs Accenture plc

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were GoDaddy Inc. Q2 FY26 results?

What is GoDaddy Inc. share price analysis?

GoDaddy Inc. currently shows a neutral. The stock trades at a P/E of 14.1 with a market cap of $11,374. Investors should review the full earnings analysis for detailed insights.

Is GoDaddy Inc. planning capital expenditure?

- The company plans to increase marketing spend significantly for the Airo AI Builder starting in Q2, funded by efficiencies elsewhere in the business, following a disciplined, evidence-based investment approach.

Keep GoDaddy Inc. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.