GoDaddy Sees 2026 Revenue Near Upper End of $5.215 Billion to $5.255 Billion Range

GoDaddy expects 2026 revenue to finish near the upper end of its $5.215 billion to $5.255 billion range, while keeping its full-year normalized EBITDA margin target above 33%. The company also reaffirmed a free cash flow target of about $1.8 billion.

Third-quarter bookings grew 6%, and the normalized EBITDA margin exceeded 33%.

Airo’s annualized bookings run rate more than doubled to above $100 million. Existing customers moving to Airo accounted for almost all of the growth. The company also reported healthy free-to-paid conversion, with new customers adding a second paid product 70% of the time.

Airo has lower gross margins than some of GoDaddy’s internally developed software. Management expects some gross margin pressure as the product scales, while operating efficiencies are expected to help offset it.