earnings
confidence high
sentiment positive
materiality 0.80
DoorDash Q2 revenue up 23% to $2.63B; Adj. EBITDA record $430M, issues Q3 guidance
DoorDash, Inc.
2024-Q2 EPS reported
-$0.44
revenue$5,143,000,000
- Total Orders 635M (+19% YoY), Marketplace GOV $19.7B (+20% YoY), Revenue $2.63B (+23% YoY).
- GAAP net loss $158M includes $85M litigation reserves and $83M office lease impairment.
- Adjusted EBITDA all-time high $430M vs $279M YoY; Free Cash Flow $451M vs $311M.
- Q3 guidance: Marketplace GOV $19.4-19.8B, Adj. EBITDA $470-540M.
- Stock repurchase: $219M YTD, $881M remaining under $1.1B authorization.