GoDaddy Inc. (GDDY) Announced Q2 2026 Earnings on July 30, 2026, Reporting "total revenue for the quarter grew 7% to $1.3 billion"

GoDaddy Inc. reported its second quarter 2026 financial results, where "total revenue for the quarter grew 7% to $1.3 billion" and "ARR grew 6% to $4.4 billion". Within its segments, the "Applications and Commerce segment grew revenue at 11% to $515 million" with a "Segment EBITDA margin" of "46.8%", and "Core Platform grew 4% to $783 million" with a "Segment EBITDA margin" of "33.4%". The company also reported "strong free cash flow of $443 million" for the quarter and "trailing 12-month free cash flow of $1.73 billion". Additionally, "ARPU increased 9% to $250" and the company reduced its "fully diluted shares outstanding by another 7% this year to 127 million shares" through share repurchasing.Management focused heavily on its "AI transformation" and highlighted its central initiative, "Airo", which has been positioned as "an agentic operating system for small businesses". The "annualized bookings run rate has increased 5x to $50 million, versus the $10 million we shared just 1 quarter ago" as customer adoption exceeded expectations. To support this shift, the company is "deemphasizing a few products as stand-alone offerings and bringing their capabilities into Airo". GoDaddy is also focused on "reinventing our own operations to be AI native to improve customer outcomes and increase the speed of innovation", noting that "the 24-hour repeat contact rate for customers served by our voicebot" dropped "by over 16 percentage points in Q2".In product and infrastructure developments, GoDaddy launched the "GoDaddy Developer Platform, a new generation of domain APIs", and enhanced the "Agent Name Service standard, launched it in production and this quarter announced our intent to contribute it to the Linux Foundation". GoDaddy also "codeveloped the Agentic Resource Discovery specification, or ARD" alongside other technology firms.For its financial outlook, the company is "narrowing our full year 2026 revenue guidance to a range of $5.215 billion to $5.255 billion" and targeting Q3 revenue "within a range of $1.315 billion to $1.335 billion". GoDaddy also reaffirmed its "full year free cash flow target of approximately $1.8 billion" and its "full year margin target of over 33%".