DoorDash (DASH) reported a mixed bag of second-quarter results after the market closed on Wednesday. Revenue came in strong, but earnings missed the mark, and the stock is feeling the pressure in after-hours trading.
Let's break down the numbers.
DoorDash's Mixed Q2: Revenue Soars, But Earnings Miss the Mark
MarketDash
DoorDash delivered strong revenue growth in Q2 but missed on earnings. Here's what investors need to know about the numbers and the outlook.
Get DoorDash Inc - Class A Alerts
Weekly insights + SMS alerts
DoorDash Q2 Earnings
The delivery giant posted revenue of $4.45 billion for the quarter, a 36% jump year-over-year. That beat the Street's expectation of $4.34 billion, according to market data.
- Total orders climbed 27% year-over-year to 970 million.
- Marketplace GOV hit $33.1 billion, up 36% from a year ago.
- Adjusted EBITDA came in at $914 million, a 40% increase year-over-year.
But here's the rub: earnings were 46 cents per share, missing the consensus estimate of 49 cents per share.
Despite the earnings miss, DoorDash highlighted robust growth in U.S. grocery and retail categories. The company also noted that paid DashPass customers in the U.S. grew more in the 12 months through Q2 than in the previous 24 months combined, underscoring the program's increasing appeal. DashPass members accounted for roughly 75% of all U.S. grocery and retail orders during the quarter.
What's Next for DoorDash
Looking ahead, DoorDash expects third-quarter Marketplace GOV to land between $33 billion and $34 billion. The company also guided for adjusted EBITDA of $950 million to $1.1 billion in Q3.
However, the company cautioned that Q4 EBITDA is expected to be weaker as a percentage of Marketplace GOV, citing seasonal increases in Dasher costs, higher insurance expenses, and increased investments.
"We have had a strong start to 2026 and will work hard to continue our progress through the second half of the year," the company said.
DoorDash Stock Price Action
In after-hours trading Wednesday, DoorDash shares were up 0.35% to $207.99, within a 52-week range of $143.30 to $285.49.
More News
Gold's Big Day, Dow's Record Run, and a Wild Wednesday for Earnings
Get a Stake in OpenAI and Anthropic — Today
Gold's Big Day: $4,200 Breakout, Miners Surge, and the Return of Metal Hoarding
AMD Stock Drops on Musk's Nvidia Endorsement, but BofA Says the Real AI Story Starts in 2027
Shopify's AI Bet Pays Off as Q2 Blowout Sends Shares Soaring
Trump's Secret Retirement Fund
Eli Lilly's Weight-Loss Empire Keeps Expanding As Mounjaro, Zepbound Generate Nearly $15 Billion
Oil Just Lost Its Inflation Premium: Here's Who Wins if Prices Stay Low
Get DoorDash Inc - Class A Alerts
Real-time alerts on price moves, news, and trading opportunities.
Join 20,000+ investors. No spam, ever.
Featured Articles
View all newsGold's Big Day, Dow's Record Run, and a Wild Wednesday for Earnings
By MarketDash
August 5, 2026
Trump and Elon Are Back (Ad)
By Stansberry Research
Gold's Big Day: $4,200 Breakout, Miners Surge, and the Return of Metal Hoarding
By MarketDash
August 5, 2026
AMD Stock Drops on Musk's Nvidia Endorsement, but BofA Says the Real AI Story Starts in 2027
By MarketDash
August 5, 2026
Shopify's AI Bet Pays Off as Q2 Blowout Sends Shares Soaring
By MarketDash
August 5, 2026
Elon “xPhone” Exposed (Ad)
By Timothy Sykes
Eli Lilly's Weight-Loss Empire Keeps Expanding As Mounjaro, Zepbound Generate Nearly $15 Billion
By MarketDash
August 5, 2026
Oil Just Lost Its Inflation Premium: Here's Who Wins if Prices Stay Low
By MarketDash
August 5, 2026