GoDaddy said it expects revenue of $985-$990 million, representing 10 percent growth, for the first quarter ending March 31, 2022.
GoDaddy 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.
