Financial Data and Key Metrics Changes - The company expects 2026 EBITDA margin to be slightly up compared to 2025, excluding Deliveroo, which is projected to contribute about $200 million of EBITDA [10][11][39] - The U.S. restaurant business contribution margin was up year-over-year in Q4, with expectations for continued margin improvement in 2026 [41][42] Business Line Data and Key Metrics Changes - New verticals, including retail and grocery, had a strong quarter and year, with 30% of miles in the U.S. coming from categories outside of restaurants [24][48] - The company aims to increase the percentage of miles from grocery and retail to 100% over time, with improvements in selection and efficiency driving growth [24][41] Market Data and Key Metrics Changes - The company reported high growth rates in the grocery sector, with no significant impact from competition, particularly from Amazon [47][50] - The company is expanding its capabilities with DashMart Fulfillment Services to enhance quality and compete effectively against larger players [50] Company Strategy and Development Direction - The company is focused on building an operating system for local commerce, integrating software, warehousing, and delivery infrastructure to support small and medium businesses [19][22] - Investments are being made in autonomous delivery platforms, with a vision for a fleet of vehicles to serve both urban and suburban areas [39][85] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position in Europe, highlighting faster growth compared to the U.S. and successful integration of Deliveroo [8][9] - The management emphasized the importance of maximizing long-term free cash flow through strategic investments in technology and service offerings [11][12] Other Important Information - The company is making significant investments in its global tech stack, with expectations for improved efficiency and feature development velocity [60][76] - The DashPass program is seen as critical for driving consumer engagement and order frequency, with plans to enhance its value proposition [66][69] Q&A Session Summary Question: Competitive intensity in Europe and investment levels for 2026 and 2027 - Management noted strong positioning in Europe and faster growth post-Deliveroo acquisition, with consistent investment levels expected [8][10] Question: Details on longer distance and higher effort deliveries - Management discussed the evolution of Dashers and the integration of software to support complex deliveries, emphasizing the need for improved pay models [18][22] Question: Strategy for autonomous delivery platform - Management outlined plans for a fleet of delivery vehicles, emphasizing the orchestration of deliveries between Dashers and autonomous vehicles [39][40] Question: Reasons for lower unit economics improvement in U.S. restaurant business - Management indicated that while margins are improving, the pace will be slower due to ongoing investments and seasonal factors [41][42] Question: Growth in grocery and perishables amid competition - Management reported continued high growth rates in grocery, asserting that consumer preference for choice supports their strategy [47][50] Question: Insights from Deliveroo acquisition - Management highlighted early successes and identified numerous small improvements that can enhance customer offerings [58][59] Question: Update on storefront software business and tech stack timing - Management confirmed positive integration with SevenRooms and expects significant tech stack benefits to materialize throughout 2026 [72][76]

DoorDash (NasdaqGS:DASH) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Speaker13Hello, everyone. Thank you for joining us, and welcome to the DoorDash Q4 2025 earnings call. After today's opening statement, we will host a question and answer session. If you would like to ask a question, please press star one on your telephone keypad. To withdraw your question, please press star one again. I will now hand the call over to Weston Twigg. Please go ahead.Speaker18All right. Thanks, Elizabeth. Good afterno ...

DoorDash (DASH) reported fourth quarter results that slightly missed Wall Street's expectations on the top and bottom lines, while total orders rose more than forecast. Earnings per share came in at $0.48, compared with the $0.55 the Street had forecast. But adjusted EBITDA reached $780 million in the quarter — up 38% compared to a year ago and almost $5 million above the Street's estimates. Meanwhile, revenue grew 28% year over year to $3.96 billion, a tick lower than the nearly $4 billion Wall Street p ...

Core Insights - DoorDash reported quarterly earnings with profit exceeding expectations while sales fell short of projections [1] Financial Performance - The company achieved a profit that surpassed analyst expectations, indicating strong cost management or operational efficiency [1] - Sales figures did not meet market expectations, suggesting potential challenges in revenue growth or market competition [1]

Here's a look at the details in the report. DASH stock is moving. Watch the price action here.The Details: DoorDash reported quarterly earnings of 48 cents per share, which missed the Street estimate of 60 cents. Quarterly revenue came in at $3.96 billion, which missed the consensus estimate of $3.99 billion and was up from $2.87 billion in the same period last year.DoorDash reported the following fourth-quarter highlights: Total Orders increased 32% year-over-year to 903 million.Marketplace GOV increased 3 ...

Core Viewpoint - The delivery giant anticipates an adjusted EBITDA ranging from $675 million to $775 million, influenced by international investments and further investments in the British company Deliveroo [1] Group 1 - The company is making significant international investments, which are expected to impact its financial performance positively [1] - Further investments in Deliveroo are part of the company's strategy to enhance its market position [1]

Core Viewpoint - Doordash's stock fell 10% following disappointing fourth-quarter results and guidance, as the company increases investments in new technology [1] Financial Performance - Revenue for the fourth quarter increased by 38% to approximately $3.96 billion compared to about $2.88 billion last year [2][3] - Total orders grew by 32% year over year, reaching 903 million, while marketplace gross order value rose by 39% to $29.7 billion [2] Earnings and Guidance - Doordash's adjusted EBITDA guidance for the first quarter is projected between $675 million and $775 million, lower than the StreetAccount estimate of $802 million [1] - Earnings per share were reported at 48 cents, below the expected 59 cents [3] - Revenue for the fourth quarter was slightly below the estimate of $3.99 billion [3] Strategic Initiatives - CEO Tony Xu highlighted the company's focus on building new products and systems to enhance user experiences, including a significant project to integrate Doordash, Deliveroo, and Wolt into a single platform [3]

DoorDash (DASH) stock rose 13% during premarket hours on Thursday after announcing on Wednesday that its revenue rose 38% in the fourth quarter as it gained new U.S. customers and added new services like restaurant reservations. But the San Francisco-based delivery company also warned of costly investments ahead. DoorDash CEO and Co-founder Tony Xu said DoorDash is in the midst of building a single tech platform that will bring together its many international businesses. DoorDash bought Wolt, a Finnish de ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 10-K _____________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39759 ________________________________ ...

Exhibit 99.1 DoorDash Releases Fourth Quarter and Full Year 2025 Financial Results February 18, 2026 SAN FRANCISCO—(BUSINESS WIRE)—DoorDash, Inc. (NASDAQ: DASH) today announced its financial results for the quarter and fiscal year ended December 31, 2025. In addition to our financial results below, our annual letter to shareholders is available on the DoorDash investor relations website at http://ir.doordash.com. In 2025, we accelerated growth in our U.S. restaurant category, expanded consumer affordability ...