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DoorDash (DASH) reported fourth quarter results that slightly missed Wall Street’s expectations on the top and bottom lines, while total orders rose more than forecast.<\/p>\n
Earnings per share came in at $0.48, compared with the $0.55 the Street had forecast. But adjusted EBITDA reached $780 million in the quarter \u2014 up 38% compared to a year ago and almost $5 million above the Street’s estimates.<\/p>\n
Meanwhile, revenue grew 28% year over year to $3.96 billion, a tick lower than the nearly $4 billion Wall Street predicted. Total orders, which means all orders through its marketplaces and commerce platform, also jumped 32% to 903 million in the quarter. That’s more than the 888 million analysts had anticipated.<\/p>\n
Its stock rose as much as 13% during premarket hours on Thursday.<\/p>\n
Marketplace GOV \u2014 the total dollar value of transactions completed through the marketplace, including taxes, tips, and fees related to DashPass and its international platform Wolt+, clocked in at $29.7 billion compared to the expected $29.1 billion.<\/p>\n
That was driven higher by growth in new customers and order rates among existing customers in the US restaurant category.<\/p>\n
For the first quarter of 2026, the company expects marketplace GOV to be in the range of $31.0 billion to $31.8 billion, above the Street’s forecast of $30.75 billion.<\/p>\n
Adjusted EBITDA is expected to be in the range of $675 million to $775 million, which is below what the Street predicted of $800 million.<\/p>\n<\/div>\n