US EditionDoordash stock tanks 20% as company misses earnings, says it expects further spending
- DoorDash reported third-quarter results that missed analyst expectations and signaled increased spending plans, causing the stock to plunge 20%.
- The company has been investing in a new global tech platform progressing in 2025 and introduced the Dot autonomous delivery robot in September, the earnings release said.
- Metrics reveal that revenue was $3.45 billion versus $3.36 billion expected, and total orders grew to 776 million, just above the 770.13 million estimate.
- Despite the stock reaction, DoorDash reported net income of $244 million and 27% revenue growth, creating a mixed picture for market confidence.
- The company said the new global tech platform will accelerate in 2026 and accept near-term costs, noting in its earnings release, `We wish there was a way to grow a baby into an adult without investment.
21 Articles
21 Articles
DoorDash Shares Plummet Following Q3 Earnings Miss
Quick Read DoorDash beat revenue expectations on Wednesday after the close. Yet the earnings miss on the bottom line and a sequential decline in net income tempered investor enthusiasm. Shares of DASH fell by 19% in after hours trading as investors digested the company’s earnings miss and decline in net income. It sounds nuts, but SoFi is giving new active invest users up to $1k in stock, see for yourself (Sponsor) DoorDash (NASDAQ: DASH) bea…
DoorDash Posts Strong Growth, Signals More Investments in 2026
DoorDash Inc., the largest food delivery service in the US, said it will invest “several hundred million” more next year toward new initiatives and beefing up internal tools after posting better-than-expected orders for the third quarter.
Associated Press News
DoorDash reports more orders than expected in third quarter, but warns of higher expenses ahead
DoorDash reported higher-than-expected orders and revenue in the third quarter but warned investors that it will be spending significantly more on product development next year.
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