What is a cash flow waterfall?

A cash flow waterfall is a bar chart that walks from operating cash flow through capital expenditure to free cash flow, then shows how the remaining cash is allocated — acquisitions, buybacks, dividends, debt, and other financing — ending at the net change in cash. Each step is colour-coded: green bars add to the running total, red bars subtract.

How does GoDaddy (GDDY) spend its free cash flow?

For TTM through Q1 2026, GoDaddy generated $1.67B of operating cash flow and $1.64B of free cash flow — a free cash flow margin of 98.5% of operating cash flow. The waterfall breaks down how the remaining cash was allocated across investing and financing activities.

How much did GoDaddy (GDDY) return via buybacks and dividends?

The waterfall shows buybacks (share repurchases) and dividends paid as separate steps in the financing section. Together these represent GoDaddy's shareholder returns for TTM through Q1 2026. You can compare these against free cash flow to assess the capital-return payout ratio.

GoDaddy (GDDY) Cash Flow Waterfall

Operating CF

$1.67B

Capex

-$24.9M

Free Cash Flow

$1.64B

FCF Margin

+98.5%

Cash flow waterfall for GoDaddy (GDDY) — TTM through Q1 2026

Free cash flow: $1.64B

Cash flow breakdown for GoDaddy (GDDY) — TTM through Q1 2026

Line item	Amount	Running total
Operating Cash Flow	$1.67B	$1.67B
Capital Expenditure	-$24.9M	$1.64B
Free Cash Flow	$1.64B	$1.64B
Other Investing	-$1.2M	$1.64B
Share Buybacks	-$1.12B	$525M
Other Financing & FX	$17.2M	$542M
Net Cash Increase	$542M	$542M

Operating Cash Flow$1.67B
Capital Expenditure-$24.9M
Free Cash Flow$1.64B
Other Investing-$1.2M
Share Buybacks-$1.12B
Other Financing & FX$17.2M
Net Cash Increase$542M

Want to see what drove the FCF change?Free Cash Flow Bridge

Frequently asked questions

Data & methodology

GoDaddy (GDDY) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview

GDDY Overview

Counters

Income Statement

Cash Flow

Capital Return

Buybacks10.09% TTM

How this company returns cash to shareholders — buybacks, dividends, and stock splits.

Forecast & Valuation