GoDaddy's 2024 10-K: Equity Comp Details
Ticker: GDDY · Form: 10-K · Filed: Feb 20, 2025 · CIK: 1609711
| Field | Detail |
|---|---|
| Company | Godaddy Inc. (GDDY) |
| Form Type | 10-K |
| Filed Date | Feb 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, compensation, expenses
TL;DR
GoDaddy 2024 10-K shows tech equity comp down, G&A up. Keep an eye on that.
AI Summary
GoDaddy Inc. filed its 2024 10-K on February 20, 2025, reporting on its fiscal year ending December 31, 2024. The filing details various operating expenses, including equity-based compensation. For instance, technology and development equity-based compensation was $155.2 million in 2024, down from $162.4 million in 2023. General and administrative equity-based compensation was $90.5 million in 2024, an increase from $78.3 million in 2023.
Why It Matters
This filing provides insight into GoDaddy's compensation structure and operational costs, particularly how equity-based compensation is allocated across different departments, which can impact profitability and investor perception.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.
Key Numbers
- $155.2M — Tech & Dev Equity Comp (2024 expense, down from $162.4M in 2023)
- $90.5M — G&A Equity Comp (2024 expense, up from $78.3M in 2023)
- $30.9M — Marketing Equity Comp (2024 expense)
- $21.6M — Customer Care Equity Comp (2024 expense)
Key Players & Entities
- GoDaddy Inc. (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end
- 20250220 (date) — Filing date
- $155.2 million (dollar_amount) — Technology and development equity-based compensation in 2024
- $90.5 million (dollar_amount) — General and administrative equity-based compensation in 2024
FAQ
What was the total equity-based compensation expense for GoDaddy in 2024?
The filing indicates equity-based compensation expenses across various categories, including $155.2 million for Technology and development, $30.9 million for Marketing and advertising, $21.6 million for Customer care, and $90.5 million for General and administrative.
How did equity-based compensation in Technology and Development change from 2023 to 2024?
Equity-based compensation for Technology and development decreased from $162.4 million in 2023 to $155.2 million in 2024.
What was the equity-based compensation for General and Administrative expenses in 2024?
General and administrative equity-based compensation was $90.5 million in 2024, an increase from $78.3 million in 2023.
When did GoDaddy file its 2024 10-K report?
GoDaddy Inc. filed its 10-K report for the fiscal year ended December 31, 2024, on February 20, 2025.
What is GoDaddy's primary business as indicated by its SIC code?
GoDaddy Inc.'s Standard Industrial Classification (SIC) code is 7373, which corresponds to Services-Computer Integrated Systems Design.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 20, 2025 regarding GoDaddy Inc. (GDDY).