DoorDash(US:DASH) 智通财经网·2025-08-07 00:11Core Insights - DoorDash reported strong Q2 earnings, achieving a net profit of $285 million, translating to earnings per share of $0.65, a significant turnaround from a loss of $157 million (EPS loss of $0.38) in the same period last year, and exceeding analyst expectations of $0.44 per share [1][3] - Revenue for the quarter grew from $2.63 billion to $3.28 billion year-over-year, also surpassing market forecasts [1][3] Financial Performance - The Gross Order Value (GOV) increased by 23% year-over-year to $24.24 billion, exceeding analyst expectations of $23.63 billion [3] - Adjusted EBITDA for Q2 reached $655 million, surpassing market expectations [3] Future Outlook - For Q3, DoorDash anticipates total orders to be between $24.2 billion and $24.7 billion, with a median exceeding the Bloomberg analyst average of $23.8 billion [3] - The expected adjusted EBITDA range for the same period is $680 million to $780 million, with a midpoint of $730 million, higher than the consensus estimate of $718.9 million [3] User Engagement and Market Position - The company attributes its performance to an increase in active user base and user engagement, highlighting the high retention rates of long-term users and growth in orders from non-restaurant categories [3][4] - The number of paid subscribers for the DashPass service has increased, contributing to a record order volume of 761 million [3][4] Competitive Landscape - DoorDash's Q2 order total of $24.2 billion not only surpassed Uber Eats' performance but also exceeded its own previous quarter's results [4] - The company is actively enhancing its business through acquisitions, including the pending acquisition of UK-based Deliveroo and completed acquisitions of SevenRooms and Symbiosys, aimed at strengthening its service capabilities [4]