Godaddy notes $1.2B revenue in Q1 2025, domain aftermarket sales rise 5%

Domain aftermarket performs wells as GoDaddy notes strong quarter.

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GoDaddy (GDDY) noted first quarter 2025 financial results today.

The firm noted gross revenue of $1.2 billion for the quarter, representing an 8.0% increase compared to the same quarter in 2024. Bookings, which represent cash sales, increased 8% year-over-year to $1.4 billion.

Core platform revenue, which includes domain names, increased 3.1% to $748 million.

Applications and commerce revenue increased 16.5% to $446 million.

Domain aftermarket revenue increased 5% year-over-year to $128 million. The average transaction value increased from $261 to $321. In prepared remarks, GoDaddy CFO Mark Mcaffrey stated aftermarket sales in international regions were higher than expected.

Additionally, the firm disclosed a fresh $3 billion authorization for share buybacks through 2027. Its previous buyback program, which commenced in 2022, has retired over 25% of the firm’s fully diluted shares.

The firm also reaffirmed its outlook for 2025. It expects to gross $4.86 billion to $4.94 billion for the year.

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