DoorDash Q3 revenue $2.16B (+27% YoY); Adjusted EBITDA record $344M; net loss narrows to $75M

DoorDash, Inc.

2023-Q3 EPS reported -$1.03 revenue$6,332,000,000

Total Orders of 543M (+24% YoY); Marketplace GOV $16.8B (+24% YoY).
Revenue $2.164B (+27% YoY); GAAP net loss improved to $75M from $296M loss in Q3 2022.
Adjusted EBITDA all-time high of $344M (vs $87M YoY); margin 2.1% of GOV.
Q4 guidance: Marketplace GOV $17.0-17.4B, Adj. EBITDA $320-380M.
Completed $750M share repurchase (12.0M shares); exit share count guided to 450-455M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DoorDash, Inc. reported the quarter ended September 30, 2023 results: revenue $2.2 billion, net income $75 million. Guidance initiated.

Period: the quarter ended September 30, 2023
Revenue: $2.2 billion
Net income: $75 million
Guidance: initiated
Result: reported results

Exact text from the filing

Key Financial Metrics • Total Orders increased 24% year-over-year (Y/Y) to 543 million and Marketplace GOV increased 24% Y/Y to $16.8 billion. • Revenue increased 27% Y/Y to $2.2 billion and Net Revenue Margin increased to 12.9% from 12.6% in Q3 2022. • GAAP net loss including redeemable non-controlling interests was $75 million compared to $296 million in Q3

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Source: SEC EDGAR

accession 0001628280-23-035962

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