DoorDash Q4 revenue up 27% to $2.3B; net loss narrows to $156M; announces $1.1B buyback

DoorDash, Inc.

2023-FY EPS reported -$1.42 revenue$8,635,000,000

Total orders 574M (+23% YoY); Marketplace GOV $17.6B (+22% YoY).
GAAP net loss $156M vs $642M in Q4 2022; Adjusted EBITDA $363M (vs $117M).
Board authorized $1.1B share repurchase program, in addition to completed $750M program.
FY2024 guidance: GOV $74-78B; Adj EBITDA $1.5-1.9B; Q1 GOV $18.5-18.9B.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DoorDash, Inc. reported quarter ended December 31, 2023 results: revenue $2.3 billion, net income $156 million.

Period: quarter ended December 31, 2023
Revenue: $2.3 billion
Net income: $156 million
Result: reported results

Exact text from the filing

Fourth Quarter 2023 Key Financial Metrics • Total Orders increased 23% Y/Y to 574 million and Marketplace GOV increased 22% Y/Y to $17.6 billion. • Revenue increased 27% Y/Y to $2.3 billion and Net Revenue Margin increased to 13.1% from 12.6% in Q4 2022. • GAAP net loss including redeemable non-controlling interests was $156 million compared to $642 million in Q4

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Source: SEC EDGAR

accession 0001628280-24-005043

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