Overview
- Q3 revenue rose 27% to $3.45 billion, topping forecasts, while earnings of $0.55 per share missed expectations.
- DoorDash guided Q4 adjusted EBITDA to $710 million to $810 million, with a $760 million midpoint below consensus.
- The company said it will invest several hundred million dollars more in 2026 to build a unified global tech platform, expand AI tools, and scale autonomous delivery and DashMart fulfillment.
- Marketplace gross order value reached about $25 billion in Q3, up roughly 25% year over year, and Q4 GOV guidance topped Wall Street estimates.
- Shares fell roughly 15% as analysts cut near-term targets but several maintained buy or overweight ratings, arguing the company has earned the right to reinvest.