TLDR
- DoorDash (DASH) stock jumped 8% after hours following Q2 earnings beat with EPS of 65 cents vs 44 cents expected
- Revenue rose 25% year-over-year to $3.28 billion, beating analyst estimates of $3.16 billion
- Total orders increased 20% to 761 million while gross order value climbed 23% to $24.2 billion
- Company guided Q3 gross order value of $24.2-$24.7 billion, above analyst expectations of $23.83 billion
- Shares have soared 54% year-to-date, lifting market cap to $109 billion
DoorDash stock jumped 8% in extended trading Wednesday after the food delivery company crushed second-quarter expectations. The San Francisco-based company reported earnings of 65 cents per share versus the 44 cents analysts expected.
Revenue climbed 25% year-over-year to $3.28 billion, beating Wall Street’s forecast of $3.16 billion. This marked an acceleration from the 21% revenue growth DoorDash posted in the first quarter.
The company swung to a net income of $285 million, or 65 cents per share. A year ago, DoorDash recorded a loss of $157 million, or 38 cents per share.
Datadog, $DDOG, Q2-25. Results:
📊 Adj. EPS: $0.46 🟢
💰 Revenue: $827M 🟢
📈 Net Income: $2.6M
🔎 Operating cash flow hit $200M and free cash flow reached $165M amid a wave of 125+ product launches at DASH 2025. pic.twitter.com/jdvVFtmEgY— EarningsTime (@Earnings_Time) August 7, 2025
Total orders increased 20% from the prior year to 761 million. The growth came as DoorDash saw strength in U.S. restaurant ordering during the quarter.
Gross order value, which represents the total value of all orders completed through the platform, rose 23% to $24.2 billion. This beat analyst estimates of $23.6 billion and accelerated from the 20% growth seen in Q1.
The company’s DashPass rewards program contributed to higher average order frequency. This helped drive the overall order volume growth during the period.
Strong Third Quarter Outlook
For the current quarter, DoorDash guided for gross order value between $24.2 billion and $24.7 billion. The midpoint of $24.45 billion exceeded analyst expectations of $23.83 billion.
The company also forecasted adjusted earnings of $680 million to $780 million for the third quarter. Management said the outlook includes continued investment in new categories and international markets.
DoorDash completed two major acquisitions in May. The company bought British food delivery startup Deliveroo for approximately $3.9 billion and restaurant technology firm SevenRooms for $1.2 billion.
Stock Performance Extends Rally
Wednesday’s after-hours gains extended what has been a strong year for DoorDash shares. The stock has climbed 54% year-to-date through Wednesday’s close, lifting the company’s market cap to $109 billion.
The gains have far outpaced the broader market. The Nasdaq has risen almost 10% in 2025, making DoorDash one of the year’s standout performers.
Over the past 12 months, shares have gained 110%. The rally reflects investor confidence in what analysts call the “convenience economy” and its staying power.
DoorDash closed regular trading Wednesday at $258.08, up 1.10% for the session. The stock reached $279.31 in after-hours trading following the earnings release.
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