Strong Financial Performance
Achieved 10% growth in total revenue and 14% A&C bookings growth. Normalized EBITDA margin of 32% and free cash flow grew 21% to $440 million.
AI and Product Innovation
Introduced new AI capabilities with Airo platform transformation and launched five new Airo agents. AI-generated code reached 45%, with higher efficiency in product development.
Customer Engagement and Growth
High-intent customer cohort ($500+) grew to 10% of customer base with a 10% increase in ARPU to $237. Retention rates remained at 85%.
International Revenue Growth
International revenue grew 14%, driven by strength in primary and secondary domain markets.
Capital Allocation and Shareholder Returns
Repurchased 9 million shares for a total of $1.4 billion year-to-date.