GoDaddy vs Shopify
Shopify reported revenue of $11.6 billion in fiscal 2025, 2.3 times GoDaddy's $5.0 billion in fiscal 2025. GoDaddy's revenue grew 8.3% in its latest year, and Shopify's grew 30.1%. GoDaddy had an operating margin of 22.8%, against 12.7% at Shopify. Free cash flow was $1.6 billion at GoDaddy and $2.0 billion at Shopify.
Side by side
| GoDaddy | Shopify | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $5.0B | $11.6B |
| Revenue growth | 8.3% | 30.1% |
| Revenue growth a year, last 5 years | 8.3% | 31.6% |
| Gross margin | — | 48.1% |
| Operating margin | 22.8% | 12.7% |
| Net margin | 17.7% | 10.7% |
| Free cash flow | $1.6B | $2.0B |
| Free cash flow margin | 31.8% | 17.4% |
| Return on capital | 30.6% | 16.3% |
| Net debt to EBITDA | 2.2x | −3.9x |
| Dividends and buybacks | $1.6B | $0M |
| Change in diluted share count | −3.2% | 0.3% |
| Last close | $109.82 | $168.18 |
| P/E at the last close | 16.3× | 113.6× |
| Insider trades, last 12 months | sold $13.5 million | — |
| Piotroski F-score | 5 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
GoDaddyShopify
Operating margin
Percent of revenue
GoDaddyShopify
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
GoDaddyShopify