Demand and volumepositive · 5 filings
“Net cash provided by operating activities increased $129.4 million driven by an increase in bookings as well as working capital movements.”10-Q · Jul 31, 2026 ↗
GoDaddy Inc.
GDDY
Market read
GoDaddy Inc.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 23 directly disclosed connections are confirming.
What changed
- Revenue increased 6.1% versus the comparable filing period.
- Net margin fell 1.4 percentage points.
Company+4.4% todayVolume comparison unavailable
Market group0 of 23 activeB2B Information Software · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- GDDY's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if GDDY's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 23 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 23 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 6.1% versus the comparable filing period.
- Operating margin improved 3.8 percentage points.
- Operating cash flow covered net income at 2.20x, improving versus the comparable period.
Evidence that challenges
- Net margin fell 1.4 percentage points.
What would clarify the read
- GDDY's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements107
Verified relationships13
Evidence supporting the case
- Latest annual revenue changed +8.3% year over year.
- Operating margin changed +3.2 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.83x in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case
- Net margin changed -2.8 percentage points in the latest annual period.
Questions before a position
- P/E is 74% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 55% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
96.366m+11.3%12m-35.3%24m-37.0%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.8B+15.0%——
2022-12-31$4.1B+7.2%——
2023-12-31$4.3B+4.0%$9.08—
2024-12-31$4.6B+7.5%$6.45-4.1%
2025-12-31$5.0B+8.3%$6.22-3.2%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 5 filings
“Derivatives and Hedging We utilize the following derivative instruments designated as cash flow hedges: • foreign exchange forward contracts to hedge certain forecasted sales transactions denominated in foreign currencies; • cross-currency swaps used to manag…”10-Q · Jul 31, 2026 ↗
Credit and interest ratesmixed · 1 filings
“Changes in fair value of the hedging instruments other than those due to changes in the spot rate are initially recorded in the CTA component of AOCI and are amortized to interest expense using a systematic and rational method over the instruments' term.”10-K · Feb 25, 2026 ↗
Restructuring and cost reductionsnegative · 1 filings
“The remaining decrease was attributable to individually immaterial amounts resulting from non-cash impairment charges and abandonment of certain operating leases during the year ended December 31, 2024 .”10-K · Feb 25, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.7× · EV/sales 3.5×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
97.75+4.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for GDDY. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-05-01 against the comparable filing from 2025-05-02.
OperationsconstructiveEvidence score +2
liquidityconstructiveEvidence score +1
valuationmixed
What improved
- Revenue increased 6.1% versus the comparable filing period.
- Operating margin improved 3.8 percentage points.
- Operating cash flow covered net income at 2.20x, improving versus the comparable period.
What weakened
- Net margin fell 1.4 percentage points.
Filing receipts
“This increase was partially offset by a $15.1 million increase in cost of revenue attributable to the increase in revenue.”
“Deferred Revenue Deferred revenue consisted of the following: March 31, 2026 December 31, 2025 Current: Applications and Commerce $ 928.6 $ 875.2 Core Platform 1,557.9 1,509.0 $ 2,486.5 $ 2,384.2 Noncurrent: Applications and Commerce $ 224.3 $ 217.8 Core Platform 739.8 717.1 $ 964.1 $ 934.9 The increase in deferred revenue is primarily driven by payments received in advance of satisfying our performance obligations, offset by $ 931.0 million of revenue recognized during the three months ended March 31, 2026 that was included in the deferred revenue balance as of December 31, 2025.”
“Derivatives and Hedging We utilize the following derivative instruments designated as cash flow hedges: • foreign exchange forward contracts to hedge certain forecasted sales transactions denominated in foreign currencies; • cross-currency swaps used to manage variability due to movements in foreign currency exchange rates related to a Euro-denominated intercompany loan; and • pay-fixed rate, receive-floating rate interest rate swaps to effectively convert portions of our variable-rate debt to fixed.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind GDDY
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
MSFTMicrosoft CorporationpartnerMay 1, 2026 ▾
“Our flexible platform enables us to form strategic partnerships and quickly launch new products and offerings for our customers, including through partnerships such as Microsoft 365 to offer email and productivity solutions to our customers.”
AMZNAmazon.com, Inc.supplierFeb 25, 2026 ▾
“We continue to migrate many of our non-hosting products and internal systems to Amazon Web Services.”
Depended on by
VRSNVeriSign, Inc.competitorFeb 5, 2026 ▾
“Among our competitors operating gTLD and ccTLD registries are CentralNic, China Internet Network, DENIC eG, GoDaddy, Google, Identity Digital, Information Center (CNNIC), Nominet, Public Interest Registry (PIR), Radix, and .xyz.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 20 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
GDDY is currently a Follower in the organic co-movement group B2B Information Software. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.