Core Insights - DoorDash (DASH) reported earnings of 33 cents per share in Q4 2024, a significant improvement from a loss of 39 cents in the same quarter last year, although it missed the Zacks Consensus Estimate by 2.94% [1] - Revenue increased by 24.8% year over year to 2.87billion,surpassingtheconsensusmarkby1.34204.20, likely due to strong revenue growth and performance in total orders and Marketplace GOV [2] Financial Performance - Total orders in Q4 increased by 19% year over year to 685 million, beating the Zacks Consensus Estimate by 1.50% [3] - Marketplace GOV rose by 21% year over year to 21.3billion,exceedingtheconsensusestimateby1.671,472 million, up 31.8% from the previous year, with an adjusted gross margin expanding by 270 basis points to 51.2% [3] - The contribution margin improved to 33.7% compared to 29.9% in the year-ago quarter [3] Expenses and Profitability - Adjusted sales and marketing expenses increased by 17.8% year over year to 504million[4]−Adjustedresearchanddevelopmentexpensesroseby25.8166 million [4] - Adjusted general and administrative expenses increased by 21.6% from the previous year to 236million[4]−AdjustedEBITDAwas566 million, compared to 363millionintheyear−agoquarter,withanadjustedEBITDAmarginexpandingby390basispointsto19.75.34 billion in cash and cash equivalents, an increase from 4.96billionasofSeptember30,2024[5]−Cashflowfromoperationswas518 million in Q4, slightly down from 531millioninthepreviousquarter[5]−Freecashflowwas420 million, lower than the previous quarter's 444million[5]FutureGuidance−ForQ12025,DoorDashanticipatesMarketplaceGOVtobebetween22.6 billion and 23billion[6]−AdjustedEBITDAisexpectedtobeintherangeof550 million to $600 million [6] Market Position - DoorDash currently holds a Zacks Rank 2 (Buy) [7] - Other notable stocks in the sector include KT (Rank 1), BWX Technologies, and Innodata (both Rank 2) [7][8]
DoorDash(DASH) ZACKS·2025-02-12 18:56