GoDaddy (NYSE:GDDY) beat second-quarter earnings expectations but saw shares fall 11% Friday.
The company reported adjusted EPS of $1.41 for the quarter ended June 30, above the $1.38 consensus. Revenue grew 8.3% year-over-year to $1.21 billion, in line with estimates.
Applications and Commerce revenue jumped 14.4% to $463.9 million, while Core Platform revenue rose 4.8% to $753.7 million. Operating income increased 27.9% to $266.3 million, and net income climbed 36.6% to $199.9 million.
CEO Aman Bhutani said the results reflect strong execution and highlighted the transformative potential of agentic AI in driving innovation.
For Q3, GoDaddy guided revenue between $1.22 billion and $1.24 billion, in line with the $1.231 billion consensus. Full-year 2025 revenue is expected at $4.89 billion to $4.94 billion, with free cash flow projected at about $1.6 billion.
