secwatch.observer — SEC 8-K summary
======================================

Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001628280-23-026753
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash Q2 2023: Total Orders 532M (+25% YoY), Revenue $2.1B, Adj EBITDA $279M record
--------------------------------------------------------------------------------

- Total Orders 532M (+25% YoY), Marketplace GOV $16.5B (+26% YoY), Revenue $2.1B (+33% YoY).
- GAAP net loss narrowed to $172M from $263M in Q2 2022; Adjusted EBITDA record $279M (up 171% YoY).
- Q3 2023 guidance: GOV $15.8B-$16.2B, Adj EBITDA $220M-$270M; FY 2023 GOV $64.2B-$65.2B, Adj EBITDA $750M-$1.05B.
- Board-authorized $750M buyback: $693M repurchased (11.2M shares); expects 2023 net dilution well under 1%.
- Contribution profit as % of Marketplace GOV improved to 3.8% vs 2.9% in Q2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000162828023026753/0001628280-23-026753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000162828023026753/dash-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026753

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer