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Jun 30, 2021
GoDaddy Q2 2021 Earnings Report
GoDaddy's Q2 2021 earnings were released, revealing a revenue increase of over 15% year-over-year.
Key Takeaways
GoDaddy reported a strong second quarter with revenue increasing by 15.5% year-over-year. Total revenue reached $931.3 million and total bookings were $1,054.8 million, up 12.7% year-over-year. The company also introduced new products and features, including GoDaddy Payments and integrations with Google and Facebook.
Total revenue increased by 15.5% year-over-year to $931.3 million.
Total bookings increased by 12.7% year-over-year to $1,054.8 million.
Net cash provided by operating activities increased by 24.6% year-over-year to $209.4 million.
Unlevered free cash flow increased by 27.5% year-over-year to $237.0 million.
GoDaddy
GoDaddy
GoDaddy Revenue by Segment
Revenue by Segment
Applications & Commerce Revenue
CapyFin.com Forward Guidance
GoDaddy expects revenue of approximately $945 million for the third quarter ending September 30, 2021, representing 12% year-over-year growth. The company expects full-year revenue of approximately $3.75 billion, representing 13% year-over-year growth. For the full year, GoDaddy expects unlevered free cash flow of approximately $955 million, representing full-year growth of 16% versus 2020.
Positive Outlook
- Revenue growth of 12% year-over-year is expected for Q3 2021.
- Full-year revenue is projected to be approximately $3.75 billion.
- Full-year revenue growth of 13% is expected compared to 2020.
- Unlevered free cash flow is expected to grow by 16% for the full year compared to 2020.
- Unlevered free cash flow is expected to be approximately $955 million for the full year.