Financial Analysis

Commitments and Contingencies From time-to-time, we are a party to litigation and subject to claims, suits, regulatory and government investigations, other proceedings and consent decrees in the ordinary course of business, including intellectual property claims, putative and certified class actions, commercial and consumer protection claims, labor and employment claims, breach of contract claims and other asserted and unasserted claims. We investigate claims as they arise and accrue estimates for resolution of legal and other contingencies when losses are probable and reasonably estimable. On November 7, 2025, a jury in the U.S. District Court for the District of Delaware returned a verdict finding that we infringed two web technology patents owned by Express Mobile, Inc. We challenged the verdict through post-trial motions, and on May 14, 2026, the District Court upheld the jury's infringement verdict and its rejection of our invalidity defenses, granted the Plaintiffs motion for prejudgment and post-judgment interest, reversed the jury's willfulness finding and denied the Plaintiffs motion for enhanced damages. On June 15, 2026, we filed a notice of appeal with the U.S. Court of Appeals for the Federal Circuit. We continue to believe we have valid arguments challenging the verdict and intend to vigorously pursue appellate remedies. Because proceedings remain ongoing and no final, non-appealable decision has been issued, we determined that a loss is not probable, and theref …

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Long-Term Debt Long-term debt consisted of the following: Maturity Date June 30, 2026 December 31, 2025 2029 Term Loans (effective interest rate of 6.0% at June 30, 2026 and 6.6% at December 31, 2025) November 10, 2029 $ 1,436.9 $ 1,444.2 2031 Term Loans (effective interest rate of 5.6% at June 30, 2026 and 6.2% at December 31, 2025) May 31, 2031 980.0 985.0 2027 Senior Notes (effective interest rate of 5.5% at June 30, 2026 and 5.5% at December 31, 2025) December 1, 2027 600.0 600.0 2029 Senior Notes (effective interest rate of 3.7% at June 30, 2026 and 3.6% at December 31, 2025) March 1, 2029 800.0 800.0 Revolver November 10, 2027 Total 3,816.9 3,829.2 Less: unamortized original issue discount and debt issuance costs (1) (42.5) (48.9) Less: current portion of long-term debt (15.0) (15.1) $ 3,759.4 $ 3,765.2 _________________________________ (1) Original issue discount and debt issuance costs are amortized to interest expense over the life of the related debt instruments using the interest method. Credit Facility As described in our 2025 Form 10-K, our secured credit agreement (the Credit Facility) includes two tranches of term loans (the 2029 Term Loans and the 2031 Term Loans). A portion of the term loans is hedged by interest rate swap agreements, as discussed in Note 10. The borrowing capacity under our revolving credit facility (the Revolve r) is $1.0 billion, whic h is reduced by any outstanding letters of credit. As of June 30, 2026, we had $998.0 million available fo …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

Equity-Based Compensation Plans Equity Plans On June 3, 2026, our stockholders approved the adoption of the GoDaddy Inc. Amended and Restated 2024 Omnibus Incentive Plan (the Amended Plan) pursuant to which the number of authorized shares of Class A common stock issuable thereunder was increased by 3,116 shares. Our board of directors previously approved the Amended Plan, which became effective at the time of stockholder approval. Equity Plan Activity We have granted restricted stock awards (RSUs) which vest solely upon the continued service of the recipient and performance-based awards (PSUs) which vest based on our relative total stockholder return (TSR) as compared to an index of public internet companies. Prior to 2020, we granted stock options as part of our compensation plan. As of June 30, 2026, there were 309 unexercised options outstanding. The following table summarizes stock award activity: Number of Shares of Class A Common Stock (#) Outstanding at December 31, 2025 3,064 Granted: RSUs 2,722 Granted: TSR-based PSUs 255 TSR-based PSU achievement above target 47 Vested (1,390) Forfeited (242) Outstanding at June 30, 2026 (1) 4,456 _________________________________ (1) The balance of outstanding awards consisted of the following: Number of Shares of Class A Common Stock (#) Weighted- Average Grant- Date Fair Value Per Share ($) RSUs 3,885 110.71 TSR-based PSUs 571 163.71 Outstanding at June 30, 2026 4,456 As of June 30, 2026, total unrecognized compensation expense r …

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Goodwill and Intangible Assets The following table summarizes changes in our goodwill balance by segment: A&C Core Total Balance at December 31, 2025 $ 1,541.1 $ 2,092.2 $ 3,633.3 Impact of foreign currency translation (10.7) (14.9) (25.6) Balance at June 30, 2026 $ 1,530.4 $ 2,077.3 $ 3,607.7 Intangible assets, net are summarized as follows: June 30, 2026 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Indefinite-lived intangible assets: Trade names and branding $ 445.0 n/a $ 445.0 Domain portfolio 215.9 n/a 215.9 Contractual-based assets 292.7 n/a 292.7 Finite-lived intangible assets 755.0 $ (742.5) 12.5 $ 1,708.6 $ (742.5) $ 966.1 December 31, 2025 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Indefinite-lived intangible assets: Trade names and branding $ 445.0 n/a $ 445.0 Domain portfolio 217.4 n/a 217.4 Contractual-based assets 292.7 n/a 292.7 Finite-lived intangible assets 772.0 $ (740.8) 31.2 $ 1,727.1 $ (740.8) $ 986.3 Amortization expense was $3.8 million and $19.2 million for the three months ended June 30, 2026 and 2025, respectively, and $18.7 million and $38.1 million for the six months ended June 30, 2026 and 2025, respectively. Based on the balance of finite-lived intangible assets as of June 30, 2026, expected future amortization expense is not material.

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Income Taxes Our effective tax rate for the six months ended June 30, 2026 is 24.1%, which differs from the U.S. federal statutory rate primarily due to state income taxes and nondeductible executive compensation, partially offset by benefits from U.S. research and development tax credits. We monitor the realizability of our deferred tax assets (DTAs) considering all relevant factors at each reporting period. As of June 30, 2026, based on the relevant weight of positive and negative evidence, including our ability to forecast future operating results, historical tax losses and our ability to utilize DTAs within the requisite carryforward periods, we do not maintain a valuation allowance on the majority of our U.S. federal and state DTAs. We maintain valuation allowances on certain U.S., state and foreign carry forwards as we concluded they are not more likely than not to be realized. Uncertain Tax Positions The total amount of gross unrecognized tax benefits was $180.3 million as of June 30, 2026, of which $116.1 million, if fully recognized, would decrease our effective tax rate. Although we believe the amounts reflected in our tax returns substantially comply with applicable U.S. federal and state and foreign tax regulations, the respective taxing authorities may take contrary positions based on their interpretation of the law. A tax position successfully challenged by a taxing authority could result in an adjustment to our provision or benefit for income taxes in the perio …

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Deferred Revenue Deferred revenue consisted of the following: June 30, 2026 December 31, 2025 Current: Applications and Commerce $ 950.0 $ 875.2 Core Platform 1,577.9 1,509.0 $ 2,527.9 $ 2,384.2 Noncurrent: Applications and Commerce $ 227.0 $ 217.8 Core Platform 756.0 717.1 $ 983.0 $ 934.9 The increase in deferred revenue was primarily driven by payments received in advance of satisfying our performance obligations, offset by $721.7 million and $1,652.9 million of revenue recognized during the three and six months ended June 30, 2026 that was included in the deferred revenue balance as of December 31, 2025. Deferred revenue as of June 30, 2026 represents our aggregate remaining performance obligations that will be recognized as revenue over the period in which the performance obligations are expected to be satisfied, as follows: Remainder of 2026 2027 2028 2029 2030 Thereafter Total Applications and Commerce $ 656.1 $ 392.8 $ 96.8 $ 20.8 $ 6.4 $ 4.1 $ 1,177.0 Core Platform 1,034.9 809.1 245.6 102.4 57.7 84.2 2,333.9 $ 1,691.0 $ 1,201.9 $ 342.4 $ 123.2 $ 64.1 $ 88.3 $ 3,510.9

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Segment Information We report our operating results through two reportable segments: A&C and Core. Our chief operating decision maker (CODM), which, as of June 30, 2026, was our Chief Executive Officer, evaluates the performance of and allocates resources to our segments based on each segment's revenue and earnings before interest, taxes, depreciation and amortization (Segment EBITDA). Segment EBITDA is evaluated on a monthly basis by the CODM by monitoring actual results versus the annual plan. This comparison is performed to make strategic decisions regarding segment profitability, resource allocation, pricing strategies and cost optimization. Segment EBITDA is defined as segment revenues less costs and operating expenses, excluding depreciation and amortization, interest expense (net), provision or benefit for income taxes, equity-based compensation expense, acquisition-related costs, restructuring-related expenses and certain other items. We believe Segment EBITDA serves as a measure that assists our CODM and our investors in comparing our segments' performance on a consistent basis. Our CODM does not use assets by segment to evaluate performance or allocate resources; therefore, we do not provide disclosure of assets by segment. See Note 2 for revenue disaggregated by geography. The A&C and Core segments provide a view into the product-focused organization of our business and generate revenue as follows: A&C primarily consists of sales of products containing …

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Summary of Significant Accounting Policies Equity Investments We hold investments in privately held equity securities, which are recorded in other assets, with a carrying value of $58.8 million as of June 30, 2026 and December 31, 2025. Revenue Recognition Disaggregated Revenue Revenue by major product type was as follows: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Applications and Commerce $ 514.8 $ 463.9 $ 1,013.0 $ 910.3 Core Platform: domains 599.3 566.2 1,185.5 1,128.1 Core Platform: other 183.9 187.5 366.4 373.5 $ 1,298.0 $ 1,217.6 $ 2,564.9 $ 2,411.9 No single customer represented over 10% of our total revenue for any period presented. Revenue by geography is based on the customer's billing address and was as follows: Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 U.S. $ 870.9 $ 821.7 $ 1,721.9 $ 1,627.2 International 427.1 395.9 843.0 784.7 $ 1,298.0 $ 1,217.6 $ 2,564.9 $ 2,411.9 No country outside the U.S. represented more than 10% of total revenue in any period presented. See Note 7 for information regarding our deferred revenue. Assets Recognized from Contract Costs Fees paid to various registries at the inception of a domain registration or renewal represent costs to fulfill a contract. We capitalize and amortize these prepaid domain name registry fees to cost of revenue consistent with the pattern of transfer of the product to which the assets relate. Amortization expense of such assets was $214.9 million …

SignificantAccountingPoliciesTextBlock · excerpt; the full note is in the filing

Stockholders' Equity Share Repurchases In April 2025, our board approved the repurchase of up to $3.0 billion of our Class A common stock through the end of 2027. Shares may be repurchased in open market purchases, block transactions and privately negotiated transactions, in accordance with applicable federal securities laws. This authorization does not obligate us to make any repurchases and may be modified, suspended or terminated by us at any time without prior notice. During the six months ended June 30, 2026, we repurchased a total of approximately 9.6 million shares of our Class A common stock, which were retired upon repurchase, for an aggregate purchase price of $833.6 million. As of June 30, 2026, we had $1,331.6 million remaining authorization available for share repurchases.

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