DoorDash Q4 revenue rises 38%, slightly misses estimates

DoorDash

18/02/2026 21:14

Overview

Food delivery platform's Q4 revenue rose 38% yr/yr, slightly missing analyst expectations

Adjusted EBITDA for Q4 slightly beat analyst expectations

Net income for Q4 missed analyst expectations

Outlook

DoorDash expects Q1 2026 Marketplace GOV between $31.0 bln and $31.8 bln

Company anticipates Q1 2026 Adjusted EBITDA between $675 mln and $775 mln

DoorDash expects Deliveroo to contribute $200 mln to Adjusted EBITDA in 2026

Result Drivers

ORDER GROWTH - Total Orders increased 32% Y/Y to 903 million, driven by consumer growth and Deliveroo acquisition

MARKETPLACE GOV - Marketplace GOV rose 39% Y/Y to $29.7 bln, primarily due to Total Orders growth and Deliveroo acquisition

U.S. RESTAURANT CATEGORY - Double-digit growth in new consumers and order rates drove strong Marketplace GOV growth in U.S. restaurant category

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$3.96 bln
$3.99 bln (36 Analysts)
Q4 Net Income
Miss
$213 mln
$264.86 mln (22 Analysts)
Q4 Adjusted EBITDA
Slight Beat*
$780 mln
$772.56 mln (31 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 36 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for DoorDash Inc is $275.00, about 69.4% above its February 17 closing price of $162.34

The stock recently traded at 50 times the next 12-month earnings vs. a P/E of 67 three months ago

Press Release: ID:nBw9ttXvza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)