DoorDash Inc. ($DASH) Stock Hits Record High After Blowout Q2 Earnings
DoorDash Inc. (NASDAQ: DASH) surged to a record high of $278.15 before settling at $269.75 following a stellar Q2 2025 earnings report. The food delivery giant posted a GAAP net income of $285 million, reversing a $157 million loss from the prior year. Revenue climbed 25% year-over-year to $3.28 billion, surpassing Wall Street expectations.
Total orders jumped 20% to 761 million, while marketplace gross order value (GOV) ROSE 23% to $24.24 billion. The company anticipates Q3 GOV to reach up to $24.7 billion, with adjusted EBITDA projected at $780 million. DoorDash's performance underscores robust consumer demand and operational expansion across domestic and international markets.