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DoorDash DASH Q1 2024 earnings

Reported May 1, 2024 · After market close

Revenue estimate$2.5B
EPS estimate-$0.04

Next report

Aug 5, 2026 (in a month)
Revenue estimate$4.3B
EPS estimate$0.51

Financials

Q1 2024

Income statement

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Revenue$2.5B+23.5%
Gross profit$1.2B+22.5%
Operating income-$61.0M+64.3%
Net income-$23.0M+85.7%
EPS (diluted)-$0.06+85.4%

Balance sheet

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Cash & equivalents$3.2B+48.5%
Total debt$547.0M+11.2%
Total equity$7.0B+7.4%
Total assets$11.5B+18.7%

Cash flow

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Operating cash flow$553.0M+39.3%
CapEx$17.0M-56.4%
Free cash flow$536.0M+49.7%

Valuation & ratios

Q1 2024

Valuation

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Market cap$55.84B+126%
Enterprise value$53.14B+131%
P/S6.1×+2.7×

Profitability

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Gross margin46.8%+1.1pp
Operating margin-5.1%-2.1pp
Net margin-4.6%-2.0pp

Returns & leverage

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Return on equity-6.2%-2.7pp
Debt / equity0.1×0.0×
Current ratio1.6×-0.1×

Segments

By segment

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Reportable Segment$2.5B+16.4%

Versus estimates

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Questions, answered.

When did DoorDash report Q1 2024 earnings?
DoorDash (DASH) reported Q1 2024 earnings on May 1, 2024 after market close.
What were DoorDash's Q1 2024 revenue and EPS?
DoorDash reported revenue of $2.5B and diluted EPS of $-0.06 for Q1 2024.
Did DoorDash beat estimates in Q1 2024?
Revenue beat the consensus estimate of $2.5B by $56.5M. EPS missed the consensus estimate of $-0.04 by $0.02.
Where can I find DoorDash's Q1 2024 SEC filings?
You can read the 10-Q periodic report (0001628280-24-019605) directly on SEC EDGAR. The filing index links above go to sec.gov.