Segment Growth Led by Applications & Commerce
Applications and Commerce (A&C) revenue grew 11.0% YoY to $514.8M in Q2 FY2026, with Segment EBITDA rising 17.2% YoY to $241.1M due to strong customer adoption of subscription offerings. Core Platform revenue grew 3.9% YoY to $783.2M with Segment EBITDA of $261.9M (+6.4% YoY).
Operating Margin Expansion and Cost Discipline
Operating income surged 28.6% YoY to $342.5M as operating margin expanded by 450 bps to 26.4%. Management held technology, marketing, customer care, and administrative expenses flat or lower YoY while benefiting from a $17.3M (-56.5%) drop in depreciation and amortization.
Strong Cash Generation and Shareholder Capital Returns
Year-to-date operating cash flow reached $914.0M (+16.5% YoY). GoDaddy deployed $824.4M towards share repurchases year-to-date, retiring approximately 9.6 million shares of Class A common stock under its $3.0B repurchase program authorized through 2027.