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Dec 31, 2021
GoDaddy Q4 2021 Earnings Report
GoDaddy's Q4 2021 financial results were reported, showcasing revenue growth and strategic advancements.
Key Takeaways
GoDaddy reported strong Q4 and full-year 2021 results, with Q4 revenue exceeding $1 billion for the first time. The company also announced a $3 billion share repurchase plan, signaling confidence in its financial health and future prospects.
GoDaddy's Q4 revenue reached $1,019.3 million, a 16.6% increase year-over-year.
Total bookings for Q4 2021 were $1,050.1 million, up 11.3% year-over-year.
The company's annualized recurring revenue (ARR) from 'Create and Grow' products surpassed $410 million, growing 19% year-over-year.
GoDaddy launched several Pro Hub enhancements, including priority care ticketing and commission-based incentives.
GoDaddy
GoDaddy
GoDaddy Revenue by Segment
Revenue by Segment
Applications & Commerce Revenue
CapyFin.com Forward Guidance
GoDaddy expects for the first quarter ending March 31, 2022, total revenue in the range of $985 million to $990 million, representing year over year growth of 10% at the midpoint, versus last year. For the full year ending December 31, 2022, GoDaddy expects total revenue in the range of $4.14 billion to $4.16 billion, representing year over year growth of 9% at the midpoint, versus the $3.82 billion of revenue generated in 2021. GoDaddy expects unlevered free cash flow of approximately $1.1 billion, representing growth of 15%, year over year, versus the $960 million of unlevered free cash generated in 2021.
Positive Outlook
- Total revenue in the range of $985 million to $990 million for Q1 2022.
- Year-over-year revenue growth of 10% at the midpoint for Q1 2022.
- Total revenue in the range of $4.14 billion to $4.16 billion for FY 2022.
- Year-over-year revenue growth of 9% at the midpoint for FY 2022.
- Unlevered free cash flow of approximately $1.1 billion for FY 2022.