Annual Reports
GoDaddy Inc.'s annual reports contain management's most considered account of the business. These are the sections, passages and visual pages worth opening in the originals preserved in Sources.
GoDaddy Inc. — FY2025 Annual Report (Form 10-K) — FY2025
The latest 10-K: how GoDaddy frames its business, its two segments, the drivers behind 2025 results, and the risks most specific to a domains-and-hosting model. · Open the full document →
Item 1. Business — Overview — p. 7 · Read the full section →
Management's own one-paragraph statement of what GoDaddy is, who it serves, and the scale of its customer base.
The business in management's words — a one-stop shop for 20.4 million entrepreneurs.
GoDaddy is a global leader serving a large market of entrepreneurs, developing and delivering easy-to-use solutions as a onestop shop provider, backed by proactive, informed and personalized guidance. […] Our 20.4 million customers are passionate and determined to transform their ideas into something meaningful.
p. 7 · Read in context →
Item 1. Business — Our Solutions and Experiences: Applications & Commerce and Core Platform — p. 11 · Read the full section →
Defines the two reporting segments and what each sells — the Core Platform (domains, hosting) still ~62% of revenue, A&C the growth engine.
Applications & Commerce — website building, e-commerce, marketing, email and productivity.
Bringing an idea to life online, establishing and maintaining a presence and continuing to grow requires the right tools and products. Website building solutions, e-commerce tools, digital marketing capabilities, email and other productivity solutions within the A&C segment are designed to help our customers start, grow and scale their presence and their businesses.
p. 11 · Read in context →
Core Platform — domains, aftermarket, hosting and security; ~62% of total revenue.
Our Core Platform products meet customers at a common starting place, establishing an exclusive, uniquely branded identity through domain registrations and renewals and an aftermarket domain platform. We also provide adjacent offerings to assist customers in building and maintaining a presence online, including website hosting and website security. During the years ended December 31, 2025, 2024 and 2023, we derived approximately 62%, 64% and 66% of our total revenue, respectively, from sales of our Core Platform products.
p. 15 · Read in context →
Item 1A. Risk Factors — Evolving technologies (AI) and changes in customer behavior may impact demand for and value of our products — p. 48 · Read the full section →
The most existential risk for a domains-and-websites business: AI and alternative systems could erode the need to register a domain at all.
As AI and social channels rise, domains and websites "may become less prominent, and their value may decline."
As reliance on social media channels, applications and AI-powered tools increases, domain names, websites and online stores and marketplaces may become less prominent, and their value may decline. […] The widespread acceptance of any alternative system, such as mobile applications, AI-powered products and tools or closed networks, could eliminate the need to register a domain name or to establish an online presence and could materially and adversely affect our business.
p. 50 · Read in context →
Item 1A. Risk Factors — We face significant competition, which we expect will continue to intensify — p. 50 · Read the full section →
GoDaddy competes across every layer of its portfolio — registrars, hosts, website builders, payments — and now against AI-native entrants.
A broad portfolio means competition on every front, from point solutions to full-stack rivals.
The market for our products and services is highly competitive, and we expect this competition to continue in the future as existing and new competitors introduce new solutions or enhance existing solutions. […] Our competitors include providers of domain registration services, web-hosting solutions, website creation and management solutions, e-commerce enablement providers, payment facilitation providers, cloud computing service and online security providers, alternative web presence and marketing solutions providers and providers of productivity tools such as business-class email.
p. 50 · Read in context →
Item 1A. Risk Factors — A delay in access to new TLDs (ICANN) could adversely impact our business — p. 79 · Read the full section →
The registrar model depends on ICANN policy; the 2026 "Next Round" of new gTLDs is a structural dependency unique to this industry.
Domain access hinges on ICANN — participation in the upcoming Next Round is a competitive necessity.
ICANN has periodically authorized the introduction of new TLDs and made domain names related to them available for registration. […] Our competitive position depends in part on our ability to gain access to and meaningfully participate in new TLDs opportunities, including the Next Round.
p. 79 · Read in context →
Item 7. Management's Discussion and Analysis — Results of Operations — p. 113 · Read the full section →
Where management explains what actually drove 2025: revenue to $4.95bn and operating margin to 22.8%, plus the initiatives behind it.
The four levers management credits for growth: seamless tech/Airo, cost optimization, pricing & bundling, commerce.
The primary factors driving growth in our business are our seamless technology experience, cost optimization and retention of high intent customers, pricing and bundling, and commerce.
p. 114 · Read in context →
Item 7. Management's Discussion and Analysis — Segment Results of Operations — p. 125 · Read the full section →
Segment EBITDA reveals where profit is made: A&C carries a ~45% margin versus Core's ~33% — the mix story behind the P&L.
How management measures the two segments — revenue and Segment EBITDA.
Our two operating segments, A&C and Core, reflect the way we manage and evaluate the performance of our business. Our chief operating decision maker evaluates segment performance based upon several factors, of which the primary financial measures are revenue and Segment EBITDA, our segment measure of profitability.
p. 125 · Read in context →
Item 7. Critical Accounting Policies and Estimates — Revenue Recognition — p. 130 · Read the full section →
The policy that defines the subscription model — domain and renewal revenue recognized ratably, feeding deferred revenue and bookings.
GoDaddy Inc. — FY2021 Annual Report (Form 10-K) — FY2021
Included to show a real structural evolution: in FY2021 GoDaddy reported as a single segment; by FY2022 it split into Applications & Commerce and Core Platform. · Open the full document →
Item 1. Business — Overview — p. 7 · Read the full section →
The earlier self-description — 21.2 million customers and a different framing before the Airo/agentic-AI and commerce emphasis of today.
GoDaddy in 2021 — "everyday entrepreneurs" and 21.2 million customers.
GoDaddy is a global leader in serving a large market of everyday entrepreneurs, delivering simple, easy-to-use products, and outcome-driven, personalized guidance to small businesses, individuals, organizations, developers, designers and domain investors. […] Our 21.2 million customers are passionate, everyday entrepreneurs with vibrant ideas, who are determined to make their way in the world and to transform their ideas into something meaningful.
p. 7 · Read in context →
Notes to Consolidated Financial Statements — Segment — p. 137 · Read the full section →
The "before" of the segment redefinition: in 2021 the CEO reviewed the company on a consolidated basis — a single reportable segment.
One segment in 2021 — the structure later split into A&C and Core.
As of December 31, 2021, our chief operating decision maker was our Chief Executive Officer who reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance for the entire company. Accordingly, we have a single operating and reportable segment.
p. 137 · Read in context →
More annual reports
GoDaddy Inc. — FY2024 Annual Report (Form 10-K) — FY2024 · 197 pages · Prior-year 10-K with the same two-segment structure — useful for year-over-year comparison of segment revenue and margins. · Open →
GoDaddy Inc. — FY2023 Annual Report (Form 10-K) — FY2023 · 224 pages · The year restructuring charges and cost actions began driving margin expansion; useful baseline for the profitability turn. · Open →
GoDaddy Inc. — FY2022 Annual Report (Form 10-K) — FY2022 · 211 pages · The first 10-K under the two-segment (Applications & Commerce / Core Platform) structure that GoDaddy still uses today. · Open →