GoDaddy Airo Annualized Bookings Run Rate Surges to $50 Million in Q2

Earnings
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GoDaddy's AI-powered Airo product saw its annualized bookings run rate jump fivefold to $50 million in the second quarter of 2026, up from $10 million in the first quarter. Total revenue grew 7% year-over-year to $1.3 billion, while normalized EBITDA rose 14% to $434 million with margins expanding over 200 basis points to 33%. The company repurchased 6.6 million shares for $554 million in the quarter, bringing year-to-date buybacks to $852 million and reducing fully diluted shares outstanding by 7%. Full-year revenue guidance was narrowed to a range of $5.215 billion to $5.255 billion, representing 6% growth at the midpoint, and free cash flow guidance was reaffirmed at approximately $1.8 billion. Management noted that the transition to Airo is causing a deliberate trade-off, with Applications and Commerce bookings growth moderating to 7% as traditional products are de-emphasized, while Airo's free-to-paid conversion rates are improving and new customer acquisition is accelerating.

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Godaddy Inc
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Airo's annualized bookings run rate surged fivefold to $50 million, indicating strong customer adoption.

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