The company said Total Orders for Q2 2024 rose to 635 million, up 19% from the same quarter a year earlier, and Marketplace GOV rose to $19.7 billion, up 20%.

10-QQuarterly reportFiled Aug 1, 2024Period of report Jun 30, 2024Summary published (UTC) Oct 23, 2026

Key points

AI summary

The company said Total Orders for Q2 2024 rose to 635 million, up 19% from the same quarter a year earlier, and Marketplace GOV rose to $19.7 billion, up 20%.
DoorDash said revenue for Q2 2024 rose $497 million (23%) from the same quarter a year earlier. Net Revenue Margin increased from 13.0% to 13.3%, and the company cited growing contribution from advertising revenue as the reason.
The company reported that Contribution Profit for Q2 2024 was $825 million ($620 million in the same quarter a year earlier), and Adjusted EBITDA was $430 million ($279 million in the same quarter a year earlier). Both are non-GAAP measures.
DoorDash said general and administrative expenses for Q2 2024 rose $153 million (45%) from the same quarter a year earlier. The company cited an increase of $83 million in office lease impairment expenses and an increase of $44 million in legal, tax, and regulatory expenses as the main drivers.

Key figures

Quarter ended June 30, 2024

Revenue: $2.6B
Operating income: −$201M
Net income: −$157M
EPS: −$0.38

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 2024 Total Orders and Marketplace GOV Growth

The company said Total Orders for Q2 2024 rose to 635 million, up 19% from the same quarter a year earlier, and Marketplace GOV rose to $19.7 billion, up 20%.

Source · Based on the MD&A text of the filing

Q2 Revenue Up $497 million and Net Revenue Margin

DoorDash said revenue for Q2 2024 rose $497 million (23%) from the same quarter a year earlier. Net Revenue Margin increased from 13.0% to 13.3%, and the company cited growing contribution from advertising revenue as the reason.

Source · Based on the MD&A text of the filing

Q2 Contribution Profit and Adjusted EBITDA

The company reported that Contribution Profit for Q2 2024 was $825 million ($620 million in the same quarter a year earlier), and Adjusted EBITDA was $430 million ($279 million in the same quarter a year earlier). Both are non-GAAP measures.

Source · Based on the MD&A text of the filing

Q2 G&A Expense Rises on Office Lease Impairment

DoorDash said general and administrative expenses for Q2 2024 rose $153 million (45%) from the same quarter a year earlier. The company cited an increase of $83 million in office lease impairment expenses and an increase of $44 million in legal, tax, and regulatory expenses as the main drivers.

Source · Based on the MD&A text of the filing

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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