GoDaddy Inc. (NYSE:GDDY) is one of the top tech stocks with a strong return on equity. On August 7, the company delivered strong second-quarter 2025 results, affirming an accelerated pace of innovation driven by the potential of agentic artificial intelligence.
Revenue in the quarter was up 8% year-over-year to $1.2 billion, driven by a 7% increase in total bookings. Applications and commerce revenue grew 14% to $463.9 million as Core platform revenue increased 5% to $753.7 million. Net income totaled $199.9 million, representing a 37% increase.
During the quarter, GoDaddy returned value to shareholders by repurchasing 5.2 million shares for $906 million. For the third quarter, the company is projecting revenues of between $1.22 billion and $1.24 billion, representing 7% year-over-year increase. For the full year, the company has raised its revenue expectations to between $4.89 billion and $4.94 billion, representing 7% growth at the midpoint.
GoDaddy Inc. (NYSE:GDDY) is a technology company that provides a range of services to help individuals and businesses establish and grow their online presence. It offers domain registration, website hosting, and various online marketing tools. The company boasts of an impressive track record in converting financing into profits going by the high return on equity.
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Disclosure: None. This article is originally published at Insider Monkey.