DoorDash (DASH) earnings Q1 2026

Door Indicator mixed reported first quarter results After the bell on Wednesday, the food delivery giant is pouring more money into new technology and features to attract customers.

Following the report, shares gained 14 percent in value.

The company’s performance according to LSEG forecasts is as follows:

• Earnings per share: 36 cents expected versus 42 cents
• Revenues: $4.04 billion, expected $4.14 billion

For the current quarter, DoorDash expects market gross order value, which tracks total dollar value, to be between $32.4 billion and $33.4 billion. This exceeded analysts’ estimate of GOV by $32.43 billion.

The food distribution company also guided for EBITDA of $770 million to $870 million. The midpoint was below the $830 million analysts expected.

Revenue rose 33% from $3.03 billion a year ago, while total orders rose 27% to $933 million, but missed analysts’ estimates of $954 million. Net income fell to $184 million, or 42 cents per share, from $193 million, or 44 cents per share, last year.

DoorDash is spending big on new features and services as it builds a single-platform technology stack that integrates its recent global acquisitions. It is also spending billions of dollars to expand its global footprint, develop AI capabilities and maintain a competitive edge over rivals. Uber He eats.

“We expect these efforts will allow us to invest more efficiently, operate more effectively, and drive higher levels of growth in the communities we serve,” DoorDash said in a press release Wednesday. he said.

DoorDash’s recent big-ticket acquisitions include restaurant reservations platform SevenRooms and British delivery company Deliveroo. Last year, DoorDash scaled its delivery option and also introduced an autonomous robot.

Investors have previously resisted the company’s aggressive spending initiatives, worrying that it would take time to pay off on new technology investments. CEO Tony Xu has fiercely defended these initiatives, and Wall Street gave its stamp of approval last quarter.

Amidst the latest war in Iran, DoorDash has joined a handful of delivery companies. started Assistance programs for drivers feeling the pressure from skyrocketing gas prices. DoorDash said it expects gross costs from the program in the second quarter of more than $50 million and plans to finance that “at least in part by adjusting investments in other areas.”

DoorDash guided the market for gross order value, which tracks the total dollar value of orders, between $32.4 billion and $33.4 billion in the current quarter. Analysts are predicting $32.43 billion in GOV.

DoorDash also guided for $770 million to $870 million in EBITDA, whose midpoint was below the $830 million analysts expected.

DoorDash’s GOV rose 37% from a year ago to $31.6 billion, beating analysts’ estimates of $31.5 billion. The company’s gross profit margin was 51.9%, above the forecast of 51.6%.