How did GoDaddy's revenue and expenses trend in Q4 2024?
5/7/2025 04:44pm
GoDaddy's revenue and expenses in Q4 2024 showed a clear segmentation based on the company's business focus, with the Core Platform segment generating the highest revenue, followed by Business Applications:
1. **Core Platform Segment Dominance**: The Core Platform segment contributed the most to GoDaddy's revenue, with $2.92 billion in revenue. This segment includes essential services that support website creation and domain registration, which remained a core business focus for the company.
2. **Business Applications Segment Growth**: The Business Applications segment generated $1.65 billion in revenue, up from $1.21 billion in the previous quarter. This indicates a growing demand for additional services offered by GoDaddy, such as email hosting, web hosting, and online storage.
3. **Stable Net Income and Operating Expenses**: GoDaddy reported a net income of $198.6 million for the quarter, which is consistent with the net income in the previous quarter. The operating expenses were not provided, but the fact that the net income remained stable suggests that GoDaddy managed its expenses effectively to maintain profitability.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|GDDY|GDDY.N|Godaddy|20240101-2024|Core Platform|2.9202E9|169|
|GDDY|GDDY.N|Godaddy|20240101-2024|Core Platform|2.1688E9|169|
|GDDY|GDDY.N|Godaddy|20240101-2024|Core Platform|1.4443E9|169|
|GDDY|GDDY.N|Godaddy|20240101-2024|Core Platform|7.254E8|169|
|GDDY|GDDY.N|Godaddy|20240101-2024|Core Platform|7.254E8|169|
|GDDY|GDDY.N|Godaddy|20240101-2024|Business Applications|3.831E8|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GDDY|GDDY.N|Godaddy|2024 Q1|747.0464135021098|4.015E8|169|
|GDDY|GDDY.N|Godaddy|2024 Q2|76.05294825511432|1.463E8|169|
|GDDY|GDDY.N|Godaddy|2024 Q3|45.41984732824427|1.905E8|169|
|GDDY|GDDY.N|Godaddy|2024 Q4|-82.17395206893457|1.986E8|169|