Doordash (DASH) Q3 2025 earnings report
A DoorDash bag on a bike on Tuesday, May 6, 2025 in New York, USA.
YukiIwamura | Bloomberg | Getty Images
Door Indicator reported in the third quarter earning It failed to meet analysts’ expectations and said it expects to spend “several hundred million dollars” on new initiatives and developments in 2026.
Following the report, shares lost 14 percent of their value.
Here’s how the company performed compared to LSEG forecasts:
- Earning: 55 cents per share expected, compared to 69 cents per share expected
- Revenues: While 3.45 billion dollars was expected, 3.36 billion dollars was expected.
“We wish there was a way to turn a baby into an adult without investment, or to see the baby grow into an adult overnight, but we don’t believe that’s the way life or business works,” the company wrote on its earnings call to explain the increased spending.
DoorDash noted that it is developing a new global technology platform that is making progress in 2025 but is expected to accelerate in 2026, noting the near-term direct and opportunity costs. The company announced its Dot autonomous delivery robot in September.
The food delivery platform’s revenue increased by 27% compared to the previous year.
DoorDash reported third-quarter net income of $244 million, or 55 cents per share, compared to $162 million, or 38 cents per share, a year ago.
Total orders rose 21% year over year to 776 million in the quarter ending Sept. 30; that was slightly above the 770.13 million FactSet had expected.
The company expects Adjusted EBITDA for the fourth quarter to be in the range of $710 million to $810 million, with a midpoint of $760 million. Analysts surveyed by FactSet were expecting $806.8 million for the fourth quarter.
DoorDash completed its acquisition of British food delivery company Deliveroo on October 2; This gave the British company a deal worth approximately $3.9 billion.
The company expects depreciation and amortization expense of $700 million for the fiscal year, excluding the acquisition. Share-based compensation expense is expected to be $1.1 billion for fiscal 2025.
DoorDash expects Deliveroo to add $45 million to its adjusted EBITDA in Q4 and approximately $200 million to its adjusted EBITDA in 2026.
Doordash one day stock chart.
