GoDaddy Reports Q3 2026 Growth Driven by Applications and Commerce Segment
GoDaddy (GDDY) reported strong third-quarter results for 2026, with total revenue reaching $1.3 billion, a 6% increase year-over-year. The growth was primarily fueled by the Applications and Commerce segment, which saw 9% revenue expansion driven by productivity services and the successful migration of customers to the Airo platform. Airo's annualized bookings run rate doubled from the previous quarter to over $100 million. The company demonstrated significant operational efficiency, with normalized EBITDA margins expanding by 120 basis points to 33.5%. Free cash flow also grew 9% year-over-year to $480.8 million. While management issued full-year revenue guidance toward the higher end of their range, they cautioned that gross margins may face slight deterioration due to the lower-margin profile of Airo compared to legacy software products.
Tickers: $GDDY
Topics: Airo Bookings EBITDA Free Cash Flow Revenue Growth Share Repurchases