XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue:        
Revenue $ 1,124.5 $ 1,048.1 $ 2,233.0 $ 2,084.1
Costs and operating expenses        
Cost of revenue (excluding depreciation and amortization) [1] 408.3 388.4 822.8 774.5
Technology and development [1] 205.9 219.2 408.8 434.2
Marketing and advertising [1] 93.2 89.5 180.7 181.9
Customer care [1] 73.3 77.7 149.7 154.5
General and administrative [1] 95.6 92.7 187.3 186.8
Restructuring and other [1] 6.9 17.5 29.3 69.8
Depreciation and amortization [1] 33.1 43.5 70.3 92.0
Total costs and operating expenses [1] 916.3 928.5 1,848.9 1,893.7
Operating income 208.2 119.6 384.1 190.4
Interest expense (39.5) (45.6) (80.8) (91.4)
Loss on debt extinguishment (2.1) 0.0 (3.1) 0.0
Other income (expense), net 8.3 6.8 17.9 29.4
Income before income taxes 174.9 80.8 318.1 128.4
Benefit (provision) for income taxes (28.6) 2.3 229.7 2.1
Net income 146.3 83.1 547.8 130.5
Less: net income attributable to non-controlling interests 0.0 0.2 0.0 0.3
Net income attributable to GoDaddy Inc. 146.3 82.9 547.8 130.2
Applications and commerce        
Revenue:        
Revenue 405.6 351.7 788.7 689.7
Core platform        
Revenue:        
Revenue $ 718.9 $ 696.4 $ 1,444.3 $ 1,394.4
Class A Common Stock        
Net income attributable to GoDaddy Inc. per share of Class A common stock:        
Basic (in dollars per share) $ 1.04 $ 0.54 $ 3.86 $ 0.85
Diluted (in dollars per share) $ 1.01 $ 0.54 $ 3.77 $ 0.84
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 141,269 152,328 141,899 153,221
Diluted (in shares) 144,644 154,064 145,321 155,756
[1]
Costs and operating expenses include equity-based compensation expense as follows:
Cost of revenue0.3 0.4 0.3 0.8 
Technology and development39.3 42.0 76.8 81.0 
Marketing and advertising7.9 7.3 15.2 13.9 
Customer care5.7 6.5 11.5 11.9 
General and administrative23.0 21.3 43.4 41.5 
Restructuring and other— — 0.8 2.3 
Total equity-based compensation expense$76.2 $77.5 $148.0 $151.4