Why Is GoDaddy (NYSE:GDDY) in Focus After a Reported Gen Digital Approach?

Nitish Kishor

17 October 2026 06:53 AM AEDT

Why Is GoDaddy (NYSE:GDDY) in Focus After a Reported Gen Digital Approach?

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Key Highlights

● Second-quarter 2026 revenue was US$1,298.0 million, up about 7%.

● Net income rose 20.1% to US$240.1 million; adjusted EBITDA was US$434.1 million.

● The Financial Times reported a preliminary takeover approach from Gen Digital.

● GoDaddy repurchased 9.8 million shares for US$851.8 million through 29 July 2026.

Latest verified development

GoDaddy Inc. (NYSE:GDDY), the domain and hosting provider, is the subject of a report rather than a company announcement. In late September 2026 the Financial Times reported that Gen Digital (NASDAQ:GEN) had made a preliminary takeover approach for GoDaddy. Neither company has commented, no terms or timeline have been disclosed, and coverage describes the discussions as early, with no certainty of a deal.

Reported figures for the deal value differ. Both companies are based in Tempe, Arizona.

Latest reported results

GoDaddy reported second-quarter 2026 results on 30 July. Revenue was US$1,298.0 million, up about 7%, or 6% in constant currency. Annualised recurring revenue was US$4,421.4 million, up 5.7%. Net income was US$240.1 million, up 20.1%.

Adjusted EBITDA was US$434.1 million, up 13.7%, a margin of 33.4%. Free cash flow was US$443.5 million, up 13.3%. Through 29 July the company had repurchased 9.8 million shares for US$851.8 million this year, a gross reduction of about 7% in fully diluted shares since the start of the year.

Guidance

The company narrowed its 2026 revenue guidance to US$5.215 billion to US$5.255 billion, about 6% growth at the midpoint, and reaffirmed an adjusted EBITDA margin above 33% and free cash flow of about US$1.8 billion. For the third quarter it guided revenue of US$1.315 billion to US$1.335 billion and a margin of about 33%.

The midpoint of the third-quarter revenue range is about 2% above the second-quarter figure, and the midpoint of the full-year range is US$5.235 billion.

Securities class actions

Several law firms are reminding investors of lead-plaintiff deadlines between 20 and 26 October in securities class actions that allege undisclosed promotional discounts and customer acquisition problems. These are allegations, not findings.

GoDaddy's October report and the Gen Digital approach

GoDaddy has scheduled third-quarter results for 29 October 2026 after the market close. The company also expanded its developer platform on 15 October with new application programming interfaces for hosting, email and commerce.

GoDaddy's board has made no public statement about the approach, so any outcome, including no transaction at all, remains open. Meanwhile the company guides to free cash flow of about US$1.8 billion for 2026, having already spent US$851.8 million on repurchases through 29 July.

FAQs

Q: What was reported about GoDaddy and Gen Digital?

A: The Financial Times reported in late September 2026 that Gen Digital had made a preliminary takeover approach. Neither company has commented.

Q: What were GoDaddy's second-quarter 2026 results?

A: Revenue was US$1,298.0 million, up about 7%, and net income was US$240.1 million, up 20.1%.

Q: What is GoDaddy's 2026 guidance?

A: Revenue of US$5.215 billion to US$5.255 billion, an adjusted EBITDA margin above 33% and free cash flow of about US$1.8 billion.

Q: When does GoDaddy report third-quarter results?

A: GoDaddy has scheduled third-quarter results for 29 October 2026 after the market close.

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