GoDaddy expects revenue of $4.16 bn in 2022

GoDaddy said it expects revenue of $985-$990 million, representing 10 percent growth, for the first quarter ending March 31, 2022.
GoDaddy India businessGoDaddy expects revenue of $4.14-$4.16 billion, representing growth of 9 percent, versus the $3.82 billion of revenue generated in 2021.

Revenue

$1,019.3

$873.9

16.6 %

$3,815.7

$3,316.7

15.0 %

Domains

$497.3

$402.2

23.6 %

$1,809.9

$1,515.1

19.5 %

Hosting and presence

$329.9

$308.8

6.8 %

$1,283.4

$1,200.6

6.9 %

Business applications

$192.1

$162.9

17.9 %

$722.4

$601.0

20.2 %

International

$330.8

$293.2

12.8 %

$1,270.8

$1,105.4

15.0 %

GoDaddy’s OmniCommerce shows strong signals of adoption within first quarter of launch. Over a thousand point-of-sale devices sold and tens of thousands of GoDaddy Payments applications from customers.

60 percent of customers with the commerce tier of Websites + Marketing and nearly a quarter of our Managed WordPress customers with commerce enabled have adopted GoDaddy Payments over well-known competitors.

Annualized recurring revenue (ARR) from GoDaddy’s Create and Grow group of products, which includes Websites + Marketing, Managed WordPress, Sellbrite, and GoDaddy Studios, surpassed $410 million, growing 19 percent in the fourth quarter of 2021.

GoDaddy’s Websites + Marketing ARR grew more than 20 percent in the fourth quarter of 2021.

The commerce tier of GoDaddy’s Websites + Marketing ARR grew 24 percent in the fourth quarter of 2021.

GoDaddy sees strong growth in its commerce offerings with gross merchandise volume (GMV) of $26 billion, up 21 percent.

During the fourth quarter, GoDaddy acquired Pagely, a leader in Managed WordPress, to build a WooCommerce SaaS platform.

GoDaddy launched several Pro Hub enhancements including: priority care ticketing, commission-based incentives, percent-based pricing for new reseller customers, a drastically simplified product pricing process, and client reporting capabilities.