DoorDash Q3 2024: first GAAP net income of $162M; revenue up 25% YoY to $2.7B

DoorDash, Inc.

2024-Q3 EPS reported -$0.04 revenue$7,849,000,000

GAAP net income of $162M versus $(73M) loss in Q3 2023; first positive net income as public company.
Revenue $2.7B (+25% YoY); Marketplace GOV $20.0B (+19%); Total Orders 643M (+18%).
Adjusted EBITDA $533M (+55% YoY); Free Cash Flow $444M (+37% YoY).
Q4 guidance: Marketplace GOV $20.6B-$21.0B; Adj. EBITDA $525M-$575M.
Year-to-date share repurchases $224M; $876M remaining under $1.1B authorization.

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