DoorDash, Inc. Class A Common StockDASH
▲ PositiveCapitalrelevance
Q2 revenue and EPS beat estimates, EBITDA above consensus, and Q3 guidance exceeded expectations.
Impact on stocks 1
Consumer Discretionary
DoorDash, Inc. Class A Common StockDoorDash reported second-quarter revenue of $4.45 billion, beating analyst estimates of $4.35 billion, with adjusted EPS of $1.47 versus $1.23 expected. Adjusted EBITDA came in at $914 million, above the $842.3 million consensus, and the company guided third-quarter EBITDA to $1.03 billion at the midpoint, exceeding the $978 million estimate. Orders rose to 970 million, up 209 million year over year, while operating margin declined to 3.5% from 5% a year earlier. During the earnings call, analysts focused on grocery partnership repricing, international growth quality, AI investment returns, autonomous delivery scalability, and global tech stack integration benefits.
DoorDash, Inc. Class A Common StockQ2 revenue and EPS beat estimates, EBITDA above consensus, and Q3 guidance exceeded expectations.