GoDaddy said full-year 2024 total revenue rose 8% year over year to $4.6 billion, and net income fell 32% to $936.9 million, a 20% margin. The company said net income for 2023 included a non-routine, non-cash income tax benefit from releasing most of its valuation allowance.

1. 01

   GoDaddy said full-year 2024 total revenue rose 8% year over year to $4.6 billion, and net income fell 32% to $936.9 million, a 20% margin. The company said net income for 2023 included a non-routine, non-cash income tax benefit from releasing most of its valuation allowance.

2. 02

   The company said Normalized EBITDA (NEBITDA) for Q4 2024 rose 19% year over year to $384.7 million, a 32% margin. It said net income for the quarter fell 82% to $198.6 million, and that net income for Q4 2023 included a non-routine, non-cash income tax benefit.

3. 03

   Net cash provided by operating activities for 2024 rose 23% year over year to $1.3 billion, and free cash flow rose 25% to $1.4 billion, the company said. As of December 31, 2024, total debt was $3.9 billion and net debt was $2.8 billion.

4. 04

   GoDaddy set its full-year 2025 total revenue target at $4.860 billion to $4.940 billion, representing growth of 7% at the midpoint year over year, the company said. It also said it expects free cash flow of at least $1.500 billion for 2025.

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Original filing

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