Thursday, 7 August, 2025
DoorDash Forecasts Strong Q3 as Q2 GMV and Earnings Beat Expectations
DoorDash delivered a stellar Q2 with gross merchandise value (GMV) rising 23% to $24.2 billion and total orders growing 20% year-over-year. Revenue hit $3.28 billion, surpassing estimates, with net revenue margin edging up to 13.5%. Adjusted earnings per share came in at $0.65, well above the $0.44 forecast. Boosted by resilient demand across food, grocery, and other segments—and its upcoming Deliveroo acquisition—the company predicts Q3 GMV of $24.2–$24.7 billion.
Read full story at Economic Times