Quarterly ResultMay 6, 2026, 04:18 PM
DoorDash Q1 Revenue $4.0B (+33% YoY); GAAP Net Income $184M (-5% YoY)
AI Summary
DoorDash reported strong top-line growth for Q1 2026, with revenue increasing 33% year-over-year to $4.0 billion and Marketplace GOV up 37% to $31.6 billion. However, GAAP net income attributable to common stockholders decreased 5% year-over-year to $184 million, despite a 28% rise in Adjusted EBITDA to $754 million. The company also announced a stock repurchase of $205 million and provided a positive outlook for Q2 2026.
Key Highlights
- Q1 Revenue increased 33% YoY to $4.0 billion.
- Q1 Marketplace GOV grew 37% YoY to $31.6 billion.
- Q1 GAAP net income decreased 5% YoY to $184 million.
- Q1 Adjusted EBITDA increased 28% YoY to $754 million.
- Repurchased 1.4 million shares for $205 million; $4.795 billion remains.
- Q2 2026 Marketplace GOV guidance: $32.4B - $33.4B.
- Q2 2026 Adjusted EBITDA guidance: $770M - $870M.
- Achieved record membership signups and a new high for monthly active users.