GoDaddy and PCB Bancorp Beat Third-Quarter 2026 Earnings Expectations
Key Facts
GoDaddy reported adjusted earnings of $2.08 per share in the third quarter of 2026, beating estimates by $0.19, while revenue was $1.34 billion against consensus of $1.32 billion, according to Investing.com data. The results came as the companies showed different growth indicators: bookings tied to its Airo product supported GoDaddy’s performance, while improved profitability at PCB Bancorp came alongside loans falling from June. GoDaddy shares closed at $106.54 on October 28, 2026, while PCB shares closed at $28.97 that day, according to EL7 data.
GoDaddy’s total revenue was $1.34 billion, ahead of market consensus of $1.32 billion, and adjusted earnings per share were $2.08, $0.19 above estimates, according to Investing.com. Growth came at different rates from the company’s two segments: Applications and Commerce revenue rose 9% year over year to $524.3 million, while Core Platform revenue increased 4% to $817.5 million. The divergence highlights the contribution of application- and commerce-related activity to revenue growth, alongside slower continued expansion of the core platform. Chief Executive Aman Bhutani said the company’s shift toward artificial intelligence was gaining momentum. He said, "Our AI transformation is gaining momentum, and Airo this quarter reached an annualized bookings run rate of more than $100 million."
Airo’s annualized bookings run rate exceeded $100 million in the third quarter, and the product began contributing gradually to quarterly bookings growth, according to Investing.com. This places the product’s performance among the growth drivers highlighted by the company, alongside a 9% year-over-year increase in Applications and Commerce revenue. Bhutani said Airo reached this bookings level during the quarter, linking it to momentum in the company’s AI transformation. GoDaddy expected to finish 2026 near the upper end of its annual revenue range of $5.215 billion to $5.255 billion. The company also reaffirmed its target of an NEBITDA margin above 33% and free cash flow of about $1.8 billion for fiscal 2026.
Improved profitability came alongside deposit growth, while loans remained below their June level, according to the performance indicators included in the story’s angles. This means the results reflect a combination of improved profitability and deposit growth on one hand, and a decline in loans from June on the other. The shares closed at $28.97 on October 28, 2026, according to EL7 data.
Looking ahead, attention will turn to GoDaddy’s ability to reach the upper end of its 2026 revenue range and to Airo’s continued gradual contribution to bookings growth, while the company maintains its targets for NEBITDA margin and free cash flow. For PCB Bancorp, the focus is on the path of deposits and loans given the former’s growth and the latter’s decline from June, as well as the timing of the next cash dividend; no specific date was included in the available information. The October 28 closing prices provide a reference for the two stocks’ performance on the day results were announced, while the EL7 data provided do not include their trading ranges during the session. GoDaddy closed at $106.54 and PCB at $28.97.