Company Overview
GoDaddy Inc. (NYSE: GDDY) is the world's largest services platform for entrepreneurs, empowering over 20 million customers worldwide to build, market, and manage their online presence. Founded in 1997 by Bob Parsons and headquartered in Tempe, Arizona, GoDaddy has grown from a domain registration company into a comprehensive platform offering web hosting, website builders, e-commerce solutions, and AI-powered business tools. The company's mission is to empower entrepreneurs everywhere, making opportunity more inclusive for all and fueling a new generation of entrepreneurial endeavors across commercial, civic, and creative sectors.
As of 2024, GoDaddy generated $4.57 billion in annual revenue, representing 7.5% year-over-year growth, with a market capitalization of $17.3 billion. The company achieved a significant milestone in June 2024 when it was added to the S&P 500 index, reflecting its position as a major player in the technology sector. GoDaddy's product portfolio is organized into two main segments: Core Platform (domain registration, hosting, security) generating $2.92 billion, and Applications & Commerce (website builders, marketing tools, e-commerce) generating $1.65 billion in revenue.
GoDaddy has been at the forefront of innovation in the small business technology space, launching GoDaddy Airo in 2024, an AI-powered suite that automates website creation, logo design, content generation, and social media marketing. The Airo platform can create a fully functional WordPress site in minutes from simple text prompts, democratizing web development for non-technical entrepreneurs. The company serves a diverse customer base spanning 48% Millennials, 25% Gen Z, 24% Gen X, and 5% Baby Boomers, all seeking to establish or expand their digital presence.
Under CEO Aman Bhutani's leadership since September 2019, GoDaddy has transformed from a traditional hosting provider into a comprehensive entrepreneurship platform. The company's Venture Forward research initiative, launched in 2018, has documented the economic impact of over 20 million online microbusinesses, demonstrating that each microbusiness creates an average of seven jobs on a county level. With approximately 5,500-7,000 employees and a culture emphasizing work-life balance, community engagement, and continuous learning, GoDaddy has positioned itself as an essential partner for small businesses navigating digital transformation.
GoDaddy's aggressive capital allocation strategy includes a $3 billion share repurchase program authorized through 2027, with $767.4 million deployed in early 2025 alone, reducing fully diluted shares by over 25% since 2022. The company has completed 28 acquisitions across sectors including e-commerce enablers, marketing technology, and payments, with recent additions including Dan, DNAcademy, and Pagely. This growth-through-acquisition strategy, combined with organic innovation, solidifies GoDaddy's position as the go-to platform for entrepreneurs building their digital futures.
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Market Leader
GoDaddy is recognized as a market leader in the Consumer Technology sector, demonstrating strong industry presence and customer trust.
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