GoDaddy (GDDY) Revenue — Quarter Ended Sep 30, 2024
Revenue increased compared to both the prior quarter and the same quarter last year, reflecting sustained growth. The company achieved sequential improvement while maintaining a strong year-over-year performance.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased compared to both the prior quarter and the same quarter last year, reflecting sustained growth. The company achieved sequential improvement while maintaining a strong year-over-year performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+7.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.1B | +5.8% |
| Mar 31, 2024 | $1.1B | +7.0% |
| Jun 30, 2024 | $1.1B | +7.3% |
| Sep 30, 2024 | $1.1B | +7.3% |
Revenue performance
The reported revenue shows an upward trajectory, with gains on both a sequential and annual basis.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter, and also increased versus the same period one year earlier.
What to watch
Given the mention of limitations due to significant long-term debt, the company's debt management and liquidity position warrant attention.