DoorDash reported strong Q4 2024 results, with revenue increasing 25% YoY to $2.87 billion. GAAP net income improved significantly to $141 million, compared to a loss of $154 million in Q4 2023. Total Orders grew 19% YoY to 685 million, and Marketplace GOV rose 21% YoY to $21.3 billion. Adjusted EBITDA reached an all-time high of $566 million.
DoorDash's Q3 2024 results reflected their ambition to pursue large growth opportunities, optimism in believing they can innovate around the problems of the day, and humility in focusing on small improvements in day to day operations. Total Orders increased 18% year-over-year, Marketplace GOV increased 19% year-over-year, and revenue increased 25% year-over-year. GAAP net income attributable to DoorDash, Inc. common stockholders was $162 million.
DoorDash reported record Total Orders, Marketplace GOV, and revenue, with revenue growth exceeding Marketplace GOV growth for the tenth consecutive quarter. The company's Q2 2024 financial performance reflects strong growth and improved unit economics.
DoorDash reported strong Q1 2024 results, achieving record highs in Total Orders, Marketplace GOV, and revenue, while also reducing its net loss compared to Q1 2023. The company focused on operational execution, expanding local commerce, and increasing long-term growth and profit potential.
DoorDash reported a 23% year-over-year increase in total orders, reaching 574 million, and a 22% increase in Marketplace GOV, totaling $17.6 billion. Revenue grew by 27% year-over-year to $2.3 billion. The company's GAAP net loss was reduced to $156 million, and Adjusted EBITDA increased to $363 million.
DoorDash's Q3 2023 saw a 24% increase in Total Orders and Marketplace GOV, and a 27% increase in revenue. The company also reported a GAAP net loss of $75 million and an Adjusted EBITDA of $344 million.
DoorDash reported a strong Q2 2023 with significant growth in Total Orders, Marketplace GOV, and revenue. The company also improved its GAAP net loss and achieved an all-time high in Adjusted EBITDA, demonstrating operational efficiency and disciplined expense management.
DoorDash's Q1 2023 results showed a 27% increase in Total Orders to 512 million and a 29% increase in Marketplace GOV to $15.9 billion. Revenue increased by 40% to $2.0 billion. The company reported a GAAP net loss of $162 million, and Adjusted EBITDA increased to $204 million.
DoorDash's Q4 2022 saw a 29% year-over-year increase in Marketplace GOV, reaching $14.4 billion. The company's revenue increased by 40% year-over-year to $1.8 billion. However, GAAP net loss including redeemable non-controlling interests was $642 million, impacted by a $312 million impairment to an investment and $84 million in restructuring charges. Adjusted EBITDA stood at $117 million.
DoorDash's Q3 2022 results demonstrated strong growth with a 30% increase in Marketplace GOV to $13.5 billion and a 33% increase in revenue to $1.7 billion. The company exceeded its Adjusted EBITDA outlook, while continuing to invest in new categories and international markets.
In Q2 2022, DoorDash reported a 30% year-over-year increase in revenue, reaching $1.6 billion. Total Orders grew by 23% to 426 million, and Marketplace GOV increased by 25% to $13.1 billion. The company experienced a GAAP net loss of $263 million, and Adjusted EBITDA was $103 million.
DoorDash's Q1 2022 earnings report highlights a 25% year-over-year growth in Marketplace GOV, reaching $12.4 billion, driven by a 23% increase in total orders to 404 million. The company focused on expanding its user base and order frequency, while strategically investing in new categories and international markets.
DoorDash's Q4 2021 results showed strong growth in Total Orders and Marketplace GOV, with revenue increasing by 34% year-over-year. The company achieved record monthly active users (MAUs) and saw growth in non-restaurant orders. However, the adjusted EBITDA decreased compared to the previous year due to investments in international markets and new verticals.
DoorDash's Q3 2021 results showed strong growth with a 45% increase in revenue to $1.3 billion, a 47% increase in Total Orders to 347 million, and a 44% increase in Marketplace GOV to $10.4 billion. The company exited the quarter with over 9 million DashPass members.
In Q2 2021, DoorDash reported significant growth, with revenue increasing by 83% year-over-year to $1.2 billion, Total Orders growing by 69% to 345 million, and Marketplace GOV growing by 70% to $10.5 billion. The company achieved an Adjusted EBITDA of $113 million while continuing to invest in new categories and international markets. However, GAAP net loss was $102 million, a shift from net income of $23 million in Q2 2020.
DoorDash's Q1 2021 earnings revealed significant year-over-year growth in revenue, total orders, and marketplace GOV. The company experienced a GAAP net loss but achieved positive adjusted EBITDA. While facing challenges related to Dasher supply and price controls, DoorDash saw strong consumer retention and growth in non-restaurant categories.
DoorDash's Q4 2020 saw revenue increase by 226% year-over-year to $970 million, with total orders growing 233% to 273 million and Marketplace GOV growing 227% to $8.2 billion. The company reported a GAAP net loss of $312 million and an Adjusted EBITDA of $94 million.