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Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Revenue $ 1,069.7 $ 1,033.2 $ 3,153.8 $ 3,051.4
Costs and operating expenses        
Cost of revenue (excluding depreciation and amortization) [1] 396.9 374.3 1,171.4 1,105.0
Technology and development [1] 201.6 199.5 635.8 587.7
Marketing and advertising [1] 86.4 100.4 268.3 317.4
Customer care [1] 75.7 74.0 230.2 230.6
General and administrative [1] 91.6 101.6 278.4 286.9
Restructuring and other [1] 9.8 5.2 79.6 14.8
Depreciation and amortization [1] 40.6 48.5 132.6 145.1
Total costs and operating expenses [1] 902.6 903.5 2,796.3 2,687.5
Operating income 167.1 129.7 357.5 363.9
Interest expense (44.0) (35.6) (135.4) (104.1)
Loss on debt extinguishment (1.5) 0.0 (1.5) 0.0
Other income (expense), net 6.3 3.1 35.7 0.8
Income before income taxes 127.9 97.2 256.3 260.6
Benefit (provision) for income taxes 3.1 2.8 5.2 (1.5)
Net income 131.0 100.0 261.5 259.1
Less: net income attributable to non-controlling interests 0.3 0.2 0.6 0.5
Net income attributable to GoDaddy Inc. 130.7 99.8 260.9 258.6
Applications & commerce        
Revenue:        
Revenue 363.3 326.0 1,053.0 946.3
Core platform        
Revenue:        
Revenue $ 706.4 $ 707.2 $ 2,100.8 $ 2,105.1
Class A Common Stock        
Net income attributable to GoDaddy Inc. per share of Class A common stock:        
Basic (in USD per share) $ 0.90 $ 0.64 $ 1.73 $ 1.61
Diluted (in USD per share) $ 0.89 $ 0.63 $ 1.71 $ 1.59
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 145,484 156,393 150,614 160,150
Diluted (in shares) 147,291 158,418 153,303 162,665
[1]
Costs and operating expenses include equity-based compensation expense as follows:
Three months ended
 September 30,
Nine months ended
 September 30,
2023202220232022
Cost of revenue$0.3 $0.4 $1.1 $1.1 
Technology and development42.2 34.4 123.2 102.4 
Marketing and advertising7.1 7.2 21.0 21.7 
Customer care6.1 4.9 18.0 14.6 
General and administrative20.5 18.5 62.0 53.5 
Restructuring and other$— $— $2.3 $— 
Total equity-based compensation expense$76.2 $65.4 $227.6 $193.3