🚀 DoorDash ($DASH) Soars to All-Time High on Stellar Q2 Earnings Beat

Wall Street’s delivery darling just served up a piping-hot surprise.

DoorDash shares surged to record highs after crushing Q2 expectations—proving even overpriced burritos can’t slow this freight train. The stock’s 15% single-day pop left analysts scrambling to upgrade targets while gig economy skeptics chewed on humble pie.

Feast mode activated:

Revenue smashed estimates as suburbanites kept pretending they’d ‘learn to cook’ during lockdown. Active users hit new peaks despite inflation—apparently avocado toast deliveries are non-negotiable.

The dark kitchen secret:

Restaurant partnerships expanded while driver retention… didn’t. But who needs benefits when you’ve got stock-based compensation fueling the algorithm?

One hedge fund manager muttered ‘unsustainable’ before immediately increasing his position. Meanwhile, crypto traders briefly glanced up from their charts to ask: ‘Wait, this isn’t a DeFi play?’

TLDR

• Q2 2025 GAAP net income hit $285M vs. a loss of $157M last year
• Revenue jumped 25% year-over-year to $3.28B, beating expectations
• Total orders climbed 20% to 761M; GOV rose 23% to $24.24B
• Stock hit a record high of $278.15, now trading around $269
• DoorDash expects Q3 GOV up to $24.7B and adjusted EBITDA up to $780M

Shares of DoorDash Inc. (NASDAQ: DASH) traded at a record high of $278.15 before pulling back slightly to $269.75 on Thursday, after the company posted strong second-quarter 2025 earnings.

DoorDash, Inc. (DASH)

The food delivery giant beat Wall Street estimates across the board, driven by increased consumer demand and expanded operations, both domestically and internationally.

Earnings Date and Financial Performance

DoorDash reported its Q2 2025 earnings on Wednesday. The company posted GAAP net income of $285 million, a dramatic turnaround from a net loss of $157 million a year ago. Earnings per share came in at $0.65, far above the consensus estimate of $0.42 and last year’s loss of $0.38 per share.

Revenue for the quarter was $3.28 billion, up 25% year-over-year and ahead of the $3.16 billion forecast. The company also reported a 20% increase in total orders to 761 million and a 23% rise in marketplace gross order value (GOV) to $24.24 billion. All four figures were quarterly records.

DoorDash, $DASH, Q2-25. Results:

📊 EPS: $0.65 🟢
💰 Revenue: $3.28B 🟢
📈 Net Income: $285M
🔎 Orders hit an all-time high of 761M as DashPass drove record average order frequency. pic.twitter.com/IhDpFJYLNi

— EarningsTime (@Earnings_Time) August 6, 2025

Growth in Core and International Markets

DoorDash highlighted strong performance in its Core U.S. market, especially in the restaurant delivery segment. The company also reported accelerated growth in international markets. Management credited the success to ongoing innovation and operational excellence and reiterated its commitment to investing in future growth.

Market Response and Stock Performance

The strong quarterly performance sent shares climbing nearly 8% in after-hours trading Wednesday, with momentum carrying into Thursday. As of 1:01 PM EDT, the stock was up 4.57% to $269.75. Year-to-date, DoorDash shares have risen about 60%, significantly outperforming the broader Nasdaq, which is up nearly 10% in 2025.

Over longer timeframes, DASH has delivered a 122% return over the past year and an impressive 236% return over three years. However, its five-year return trails the S&P 500 due to earlier post-IPO volatility.

Forward Outlook and Strategic Acquisitions

For Q3 2025, DoorDash expects GOV between $24.2 billion and $24.7 billion, along with adjusted EBITDA of $680 million to $780 million. The company stated that the outlook assumes continued investment in new categories and global expansion.

Recent acquisitions include the $3.9 billion purchase of British delivery startup Deliveroo and a $1.2 billion acquisition of restaurant tech firm SevenRooms. These moves aim to strengthen DoorDash’s product offerings and global footprint.

Investors and analysts will be closely watching how these investments translate into future growth. For now, the company has firmly positioned itself as a leader in the online food delivery space with strong financial momentum.