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GoDaddy forecasts quarterly revenue above estimates on AI push
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GoDaddy forecasts quarterly revenue above estimates on AI push
Apr 30, 2026 4:34 PM

April 30 (Reuters) - GoDaddy ( GDDY ) on Thursday forecast quarterly revenue above

estimates, betting on its artificial intelligence tools to attract more small businesses to its

platform.

Shares of the Tempe, Arizona-based company were up over 4% after the bell.

The web hosting company has been rolling out a suite of AI features designed to help small

and medium-sized businesses build and manage their digital presence more efficiently.

* GoDaddy's ( GDDY ) Airo.ai platform, which launched in beta last year with five AI agents, has

rapidly expanded to over two dozen, handling tasks from logo creation to marketing campaigns.

* "As we continue to deliver one-stop-shop solutions for our microbusiness customers, we are

leading with disciplined execution and driving compounding free cash flow," CFO Mark McCaffrey

said.

* The company expects second-quarter revenue between $1.29 billion and $1.31 billion,

compared with analysts' average estimate of $1.29 billion, according to data compiled by LSEG.

* GoDaddy ( GDDY ) reported first-quarter revenue of $1.27 billion, beating estimates of $1.26

billion. Profit fell 2% to $214.6 million.

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