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DoorDash DASH Q2 2024 earnings

Reported August 1, 2024 · After market close

Revenue estimate$2.5B
EPS estimate-$0.09

Next report

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

Financials

Q2 2024

Income statement

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Revenue$2.6B+23.3%
Gross profit$1.2B+24.7%
Operating income-$201.0M+4.7%
Net income-$157.0M+7.6%
EPS (diluted)-$0.38+13.6%

Balance sheet

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Cash & equivalents$3.6B+69.7%
Total debt$534.0M+7.2%
Total equity$7.2B+12.0%
Total assets$11.8B+23.3%

Cash flow

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Operating cash flow$530.0M+34.9%
CapEx$23.0M-14.8%
Free cash flow$507.0M+38.5%

Valuation & ratios

Q2 2024

Valuation

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Market cap$44.11B+46.8%
Enterprise value$41.02B+44.4%
P/S4.6×+0.7×

Profitability

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Gross margin46.9%+0.9pp
Operating margin-4.8%-1.9pp
Net margin-4.2%-1.8pp

Returns & leverage

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Return on equity-6%-2.4pp
Debt / equity0.1×0.0×
Current ratio1.6×0.0×

Segments

By segment

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Reportable Segment$2.6B+21.8%

By geography

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United States$2.3B

Versus estimates

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Questions, answered.

When did DoorDash report Q2 2024 earnings?
DoorDash (DASH) reported Q2 2024 earnings on August 1, 2024 after market close.
What were DoorDash's Q2 2024 revenue and EPS?
DoorDash reported revenue of $2.6B and diluted EPS of $-0.38 for Q2 2024.
Did DoorDash beat estimates in Q2 2024?
Revenue beat the consensus estimate of $2.5B by $90.7M. EPS missed the consensus estimate of $-0.09 by $0.29.
Where can I find DoorDash's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001628280-24-034131) directly on SEC EDGAR. The filing index links above go to sec.gov.