GoDaddy Inc. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator: | |||||||||||||||||
| Net income | $ | 875.0 | $ | 936.9 | $ | 1,375.6 | |||||||||||
| Less: net income attributable to non-controlling interests | — | — | 0.8 | ||||||||||||||
| Net income attributable to GoDaddy Inc. | $ | 875.0 | $ | 936.9 | $ | 1,374.8 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted-average shares of Class A common stock outstanding—basic | 138,100 | 141,250 | 148,296 | ||||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Class B common stock | — | — | 290 | ||||||||||||||
| Stock options | 326 | 466 | 460 | ||||||||||||||
| RSUs, PSUs and ESPP shares | 2,195 | 3,571 | 2,406 | ||||||||||||||
| Weighted-average shares of Class A Common stock outstanding—diluted | 140,621 | 145,287 | 151,452 | ||||||||||||||
| Net income attributable to GoDaddy Inc. per share of Class A common stock—basic | $ | 6.34 | $ | 6.63 | $ | 9.27 | |||||||||||
| Net income attributable to GoDaddy Inc. per share of Class A common stock—diluted | $ | 6.22 | $ | 6.45 | $ | 9.08 | |||||||||||
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| RSU, PSUs, and ESPP shares | 48 | 364 | 799 | ||||||||||||||
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.