---
schema_version: "secwatch.filing_event.v1"
accession: "0001609711-23-000028"
form_type: "8-K"
ticker: "GDDY"
cik: "0001609711"
company_name: "GoDaddy Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T13:50:41.951525+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# GoDaddy Q4 revenue $1.04B; announces restructuring cutting 8% of workforce

## Summary
- Q4 revenue $1.04B (+2% YoY, +3.6% constant currency); FY revenue $4.09B (+7.2%).
- Net income Q4 $93.8M (+7.3%); FY $352.9M (+45.3%); Normalized EBITDA FY $1.0B (25% margin).
- Restructuring plan: cut ~550 employees (8% of workforce); $55-65M charges; expects $100M+ annual savings.
- FY2023 guidance: revenue $4.25-4.325B; Normalized EBITDA margin ~26%; unlevered FCF ~$1.2B.
- Announced partnership with FIS Worldpay for OmniCommerce; GPV reached $760M.

## SEC filing metadata
- accession: 0001609711-23-000028
- form_type: 8-K
- ticker: GDDY
- cik: 0001609711
- company_name: GoDaddy Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000028/0001609711-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000028/gddy-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609711-23-000028
- JSON: https://secwatch.observer/filing/0001609711-23-000028.json
- Plain text: https://secwatch.observer/filing/0001609711-23-000028.txt

## Key facts
- Earnings Releases
  GoDaddy Inc. reported fourth quarter and full year ended December 31, 2022 results: revenue $1,039.9, net income $93.8.
  - Period: fourth quarter and full year ended December 31, 2022
  - Revenue: $1,039.9
  - Net income: $93.8
  - Result: reported results
  source text: December 31, 2022 2021 Change Constant Currency 2022 2021 Change Constant Currency (in millions, except customers in thousands and ARPU in dollars) GAAP Results Total revenue $ 1,039.9 $ 1,019.3 2.0 % 3.6 % $ 4,091.3 $ 3,815.7 7.2 % 8.4 % Applications & commerce revenue $ 333.4 $ 300.5 10.9 % $ 1,279.7 $ 1,128.3 13.4 % Core platform revenue $ 706.5 $ 718.8 (1.7)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000028/0001609711-23-000028-index.htm
- Restructurings & Charges
  GoDaddy Inc. announced a restructuring with charges of approximately $55 to $65 million (approximately 550 employees).
  - Type: restructuring
  - Charge: approximately $55 to $65 million
  - Headcount: approximately 550 employees
  source text: On February 8, 2023, the Audit and Finance Committee of the Board of Directors of the Company authorized a restructuring plan (the “Plan”) to reduce future operating expenses and improve cash flows of the Company through a combination of a reduction in force and a rationalization of its portfolio. As part of the Plan, the Company announced a reduction in its current workforce of approximately 550 employees, representing roughly 8% of the Company’s employees. The Company estimates it will incur approximately $55 to $65 million of pre-tax restructuring and exit related charges, of which $30 to $40 million represents future cash expenditures for the payment of severance and related benefit costs and approximately $25 million represents non-cash pre-tax charges in connection with the disposition of certain assets.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609711/000160971123000028/0001609711-23-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.