Doordash, Inc. ( (DASH) ) has released its Q1 earnings. Here is a breakdown of the information Doordash, Inc. presented to its investors.
DoorDash, Inc. is a leading technology company in the food delivery industry, providing a platform that connects consumers with local businesses and Dashers for on-demand delivery services. The company is known for its innovative approach to local commerce and its commitment to enhancing consumer experiences across various markets.
In its first quarter of 2025, DoorDash reported record-breaking financial results, highlighting significant growth in total orders, marketplace gross order value (GOV), and revenue. The company also announced strategic acquisitions aimed at expanding its capabilities and market presence.
Key financial metrics for Q1 2025 include an 18% year-over-year increase in total orders to 732 million and a 20% rise in marketplace GOV to $23.1 billion. Revenue grew by 21% to $3.0 billion, while GAAP net income rose to $193 million from a loss in the previous year. The company also achieved an adjusted EBITDA of $590 million, marking a substantial improvement from the prior year.
Strategically, DoorDash is making significant moves with the acquisition of SevenRooms, a hospitality technology leader, and a proposed offer to acquire Deliveroo, a major player in the European and Middle Eastern markets. These acquisitions are expected to enhance DoorDash’s service offerings and support its growth objectives in local commerce.
Looking ahead, DoorDash remains focused on expanding its product offerings and improving operational execution. The company anticipates continued growth in adjusted EBITDA and marketplace GOV, while also navigating potential challenges in consumer demand and international market dynamics.