GoDaddy Inc. reported its fourth quarter and full year 2024 financial results on February 13, 2025. For Q4 2024, total revenue reached $1,192.6 million, an 8.4% increase year-over-year, while net income declined 82.2% to $198.6 million, primarily due to a non-routine tax benefit in Q4 2023.
Full year 2024 total revenue grew 7.5% to $4,573.2 million, with Applications and Commerce (A&C) revenue increasing 16.9% in Q4. Normalized EBITDA for the full year was $1,395.9 million, up 23.0%, achieving a 30.5% margin, and free cash flow grew 25.0% to $1,355.5 million.
Looking ahead, GoDaddy provided full year 2025 revenue guidance in the range of $4,860 million to $4,940 million, representing approximately 7% growth at the midpoint. The company also projected full year 2025 free cash flow of at least $1,500 million, demonstrating confidence in its continued cash generation.
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