DoorDash Releases First Quarter 2025 Financial Results | DASH Stock News

• DoorDash (DASH, Financial) reports record Q1 2025 results with revenue hitting $3.0 billion.
• Two major acquisitions: SevenRooms for $1.2 billion and a proposed offer for Deliveroo at £2.9 billion.
• Q1 GAAP net income surges to $193 million from a loss of $23 million in Q1 2024.

DoorDash, Inc. (DASH) has announced its financial results for the first quarter of 2025, marking a strong start to the year with new records in total orders, marketplace gross order value (GOV), revenue, and GAAP net income. The company reported a revenue increase of 21% year-over-year (YoY) to $3.0 billion, driven by an 18% growth in total orders reaching 732 million, and a 20% increase in marketplace GOV to $23.1 billion.

The company achieved a GAAP net income of $193 million, a significant turnaround from a loss of $23 million reported in the same quarter last year. Adjusted EBITDA also showed a notable rise, reaching $590 million, up from $371 million in Q1 2024.

In a strategic move to enhance its market presence and expand service offerings, DoorDash has announced a definitive agreement to acquire SevenRooms, a hospitality technology company, for approximately $1.2 billion in an all-cash transaction. Furthermore, DoorDash has issued a formal offer for the acquisition of Deliveroo, valuing the company at £2.9 billion, to strengthen its footprint in Europe and the Middle East.

DoorDash’s Q1 performance reflects its continued expansion efforts in the U.S. marketplace, focusing on improving consumer experience by reducing delivery times and enhancing personalization. The grocery segment has also seen an uptick in consumer engagement with increased average spending per customer. The company plans to continue investing in expanding its category offerings and geographic reach internationally.

Looking forward, DoorDash expects marketplace GOV for Q2 2025 to be between $23.3 billion and $23.7 billion, with adjusted EBITDA anticipated to range from $600 million to $650 million. The company remains optimistic about future growth opportunities despite potential uncertainties in consumer demand and international market conditions.