DoorDash Q1 revenue $2.5B (+23% YoY), net loss narrows to $25M; Adj. EBITDA record $371M

DoorDash, Inc.

2024-Q1 EPS reported -$0.06 revenue$2,513,000,000

Total Orders 620M (+21% YoY), Marketplace GOV $19.2B (+21% YoY).
GAAP net loss $25M (improved from $162M YoY); Adjusted EBITDA $371M vs $204M YoY.
Revenue $2.5B (+23% YoY); Net Revenue Margin 13.1% vs 12.8% YoY.
Q2 guidance: Marketplace GOV $19.0B-$19.4B, Adj. EBITDA $325M-$425M.
Seattle/NYC regulations reduced Total Orders by <1% in Q1; local merchants impacted.

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 0.95

DoorDash, Inc. reported the quarter ended March 31, 2024 results: revenue $2,513 million, net income GAAP net loss including redeemable non-controlling interests was $25 million.

Period: the quarter ended March 31, 2024
Revenue: $2,513 million
Net income: GAAP net loss including redeemable non-controlling interests was $25 million
Result: reported results

Exact text from the filing

DoorDash, Inc. (NASDAQ: DASH) today announced its financial results for the quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001628280-24-019602

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