The company said Total Orders for Q4 2023 rose 23% year over year to 574 million, Marketplace GOV rose 22% to $17.6 billion, and revenue rose 27% to $2.3 billion.

1. 01

   The company said Total Orders for Q4 2023 rose 23% year over year to 574 million, Marketplace GOV rose 22% to $17.6 billion, and revenue rose 27% to $2.3 billion.

2. 02

   DoorDash said its GAAP net loss including redeemable non-controlling interests narrowed to $156 million in Q4 2023 from $642 million in Q4 2022, and Adjusted EBITDA rose to $363 million from $117 million. The net losses for both quarters included impairments of a strategic investment of $101 million and $312 million, respectively.

3. 03

   The company said it generated operating cash flow of $1.7 billion and Free Cash Flow of $1.3 billion in 2023. In 2023, it repurchased a total of 12.0 million shares of its Class A common stock for $750 million, and in February 2024 its board of directors authorized a new repurchase of up to $1.1 billion.

4. 04

   The company outlined Marketplace GOV of $18.5 billion to $18.9 billion and Adjusted EBITDA of $320 million to $380 million for Q1 2024. Its outlook for full-year 2024 calls for Marketplace GOV of $74.0 billion to $78.0 billion and Adjusted EBITDA of $1.5 billion to $1.9 billion, assuming key foreign currency rates remain relatively stable at current levels.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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