secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001628280-24-019602
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000162828024019602/0001628280-24-019602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000162828024019602/dash-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019602

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