CFO Ravi Inukonda said his expectations for full-year 2026 EBITDA have not changed since the prior call. He said DoorDash expects 2026 EBITDA margin to be “up slightly compared to 2025, excluding Deliveroo,” and reiterated that Deliveroo is expected to produce about $200 million of EBITDA for the year.More broadly, Xu said the company’s business outside the U.S. is growing faster than in the U.S.—which he noted had “two of the fastest-growing quarters in 2025 in the last four years”—and that DoorDash is con ...

Core Insights - DoorDash CEO Tony Xu emphasizes that the company's grocery offering has a competitive edge over Amazon due to the variety of choices available to consumers [1][2] - DoorDash collaborates with existing grocery chains rather than owning its own brands, which allows it to provide a wider selection of products [2] - The company is expanding its services to retailers, including fulfillment through DashMarts, to help grocers compete with Amazon [4] Company Strategy - DoorDash has expanded partnerships with grocery chains, including Kroger and regional players like Schnucks, to enhance its grocery delivery service [2] - The company is focusing on fulfilling both small and large grocery orders, which is beneficial for grocers as they earn more from a diverse range of products [5] - DoorDash aims to make its retail and grocery business unit-economic positive by the second half of 2026, indicating a strategic focus on profitability [6] Market Position - Despite disappointing fourth-quarter earnings, DoorDash shares rose by as much as 14% in after-market trading, reflecting investor confidence in its grocery strategy [4] - The grocery delivery market is competitive, with Amazon expanding its same- and next-day delivery services, which has impacted shares of DoorDash and Instacart [1]

Market Overview - US stock futures retreated as fears of US-Iran conflict fueled a jump in oil prices, with S&P 500 and Nasdaq 100 futures falling about 0.3% [1] - Oil prices saw their biggest daily jump since October, with Brent crude rising above $71 per barrel and West Texas Intermediate near $66 [2] - Investors are analyzing the Federal Reserve's minutes from January's policy meeting, which indicated divisions over future rate hikes amid persistent inflation [3] Company Earnings - Walmart is set to report earnings, acting as a bellwether for the retail sector [4] - DoorDash reported fourth-quarter results that slightly missed Wall Street expectations, with earnings per share at $0.48 compared to the forecast of $0.55, but adjusted EBITDA rose 38% year over year to $780 million [7][8] - DoorDash's revenue grew 28% year over year to $3.96 billion, slightly below the nearly $4 billion expected, while total orders increased 32% to 903 million [8][9] - For Q1 2026, DoorDash expects marketplace GOV to be between $31.0 billion and $31.8 billion, exceeding the Street's forecast of $30.75 billion [10] Industry Developments - Samsung Electronics' stock surged to a record high as it negotiates a price for its latest AI memory chip, HBM4, which is expected to be priced around $700 per unit, up to 30% higher than the previous generation [4][5] - Samsung has started mass production of HBM4 chips and has shipped commercial products to customers, marking a comeback in the AI chip market [6]

DoorDash (NasdaqGS:DASH) Q4 2025 Earnings call February 18, 2026 05:00 PM ET Company ParticipantsAndrew Boone - Managing DirectorEric Sheridan - Managing DirectorJosh Beck - Managing DirectorJustin Patterson - Managing Director of Equity ResearchJustin Post - Managing DirectorLee Horowitz - Co-Head of Internet Equity ResearchMark Mahaney - Senior Managing DirectorRavi Inukonda - CFOShweta Khajuria - Managing Director of Global InternetTony Xu - Co-Founder, Chairman, and CEOWeston Twigg - Head of Finance and ...

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 ...

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]

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 ...

Core Insights - DoorDash is expected to report adjusted EPS of 58 cents per share on revenue of nearly $4 billion, despite being down nearly 30% in 2026 [1][2] - Analysts anticipate a core growth rate of over 20%, potentially exceeding 30% due to acquisitions [3][4] - Investors are focused on the company's investment cycle and its impact on margins, with expectations that margins can still rise despite ongoing investments [5][6] Company Performance - DoorDash has successfully diversified its operations beyond the U.S. through acquisitions in Eastern and Western Europe, as well as expanding into grocery and pharmacy delivery [8][9] - The company maintains a leading market share in the U.S. by effectively executing its strategy to onboard more merchants and improve delivery times [10][11] Investment Outlook - Evercore ISI has an outperform rating on DoorDash with a price target of $360, indicating significant upside potential [11][12] - The company is investing in AI and robotics for delivery, which could enhance productivity, although the timeline for fully autonomous delivery remains uncertain [14][15][16] Market Context - The stock has seen a downturn of nearly 40% from its all-time highs, with options markets pricing in a potential $20 move in either direction following earnings [19][20] - A bullish call diagonal strategy is being considered by traders, indicating a positive sentiment towards the stock's performance in the near term [21][24]

Core Insights - Grab is focusing on three main priorities: affordability and reliability, deeper ecosystem engagement, and technology investments to enhance operational efficiency [1] Financial Performance - Grab reported its first full year of net profit in 2025, achieving $200 million in net profit and doubling adjusted free cash flow to $290 million [3][7] - For 2025, adjusted EBITDA increased by 60% year-over-year to $500 million, with fourth-quarter revenue reaching $906 million, up 19% year-over-year [11][12] - The company has set 2026 guidance for group revenue between $4.04 billion and $4.10 billion and adjusted EBITDA of $700 million to $720 million [6][18] User Engagement and Growth - By the end of 2025, Grab had over 129 million annual transacting users, with a monthly-to-annual conversion rate of 37% and a daily-to-monthly conversion rate of 17% [2] - Approximately two-thirds of users are utilizing two or more services on the platform, indicating increased engagement [2] - Grab's mobility segment saw a 21% year-over-year growth in on-demand gross merchandise value (GMV), driven by a product-led affordability strategy [4][11] Strategic Initiatives - The company is implementing a $500 million share repurchase program, bringing total buybacks to $1 billion, as part of its capital allocation strategy [5][16] - Grab is expanding its financial services, with expectations for the segment to reach EBITDA breakeven in the second half of 2026 [12][15] - The company is also focusing on AI, with over 90% of mobility rides dispatched using AI technology [9][10] Ecosystem Development - Grab has launched digital banks in Indonesia, Singapore, and Malaysia, with its loan portfolio exceeding $1 billion [3] - The company is enhancing its grocery delivery service, GrabMart, which is growing 1.7 times faster than GrabFood and represents 10% of deliveries GMV [8] - Grab's travel-related initiatives have led to a tenfold increase in traveler monthly transacting users over three years [8]