NASDAQ$DASH
DoorDash Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Revenue increased, driven by growth in total orders and Marketplace GOV.
DoorDash's Q3 2021 results showed strong growth with a 45% increase in revenue to $1.3 billion, a 47% increase in Total Orders to 347 million, and a 44% increase in Marketplace GOV to $10.4 billion. The company exited the quarter with over 9 million DashPass members.
- DashPass members and orders reached an all-time high, exiting the quarter with over 9 million members.
- Percentage of MAU engaging with a new vertical increased to 12% in September from 10% in June.
- Contribution Profit as a percentage of GOV increased from the U.S. Restaurant marketplace on both a Q/Q and Y/Y basis.
- Over 3 million people dashed in Q3, earning over $2.8 billion.
Headline financials
Revenue & EPS history
DoorDash · Revenue · Quarterly
$1.28B
Forward guidance
The company expects Q4 Marketplace GOV to be in the range of $10.3 billion to $10.7 billion, with Adjusted EBITDA in the range of $0 million to $100 million.
Tailwinds
- Ongoing investment in new categories
- Ongoing investment in international markets
- Ongoing investment in Platform Services
Headwinds
- Continued normalization of retention among newer cohorts
- Continued normalization of order frequency among newer cohorts
- Normalization as in-store dining resumes
- Normalization as holiday travel resumes
- Significant uncertainty remains and consumer behavior could deviate from expectations
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+1.3%
Avg return
Earnings day
+1.3%
Avg return
5 days after
-0.0%
Avg return
30 days after
56%
14 / 25 earnings
Positive
+24.9%
Q1 2021
Best reaction
-17.4%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | -5.8% | -5.6% | |
| Q4 2025 | -0.6% | -5.2% | -9.7% | |
| Q3 2025 | -17.4% | -15.7% | -5.5% | |
| Q2 2025 | +5.0% | +2.4% | -4.4% | |
| Q1 2025 | -7.5% | -10.7% | +5.1% | |
| Q4 2024 | +4.0% | +10.5% | -5.0% | |
| Q3 2024 | +1.0% | +1.3% | +16.3% | |
| Q2 2024 | +5.9% | +10.8% | +16.2% | |
| Q1 2024 | -11.6% | -9.0% | -14.8% | |
| Q4 2023 | -3.3% | -3.8% | +8.8% | |
| Q3 2023 | +17.1% | +18.8% | +28.9% | |
| Q2 2023 | -1.3% | -2.6% | -2.9% | |
| Q1 2023 | +0.9% | +7.9% | +8.9% | |
| Q4 2022 | -9.3% | -14.8% | -12.5% | |
| Q3 2022 | +14.3% | +20.9% | +22.3% | |
| Q2 2022 | +1.0% | -8.1% | -26.8% | |
| Q1 2022 | -11.7% | -16.1% | -16.7% | |
| Q4 2021 | +3.2% | -5.5% | +5.4% | |
| Q3 2020 | +18.4% | +26.4% | -17.7% | |
| Q3 2021 | +10.9% | +27.3% | -14.6% | |
| Q2 2020 | -0.3% | +1.8% | +11.8% | |
| Q2 2021 | +2.2% | -2.5% | +10.4% | |
| Q1 2021 | +24.9% | +22.6% | +36.4% | |
| Q4 2019 | -11.1% | -9.5% | -11.2% | |
| Q4 2020 | -3.9% | -8.9% | -24.0% |
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