Doordash food delivery service in New York City on Feb. 13, 2025.
DoorDash shares climbed about 5% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter.
Here's how the company did compared to analyst estimates based on LSEG's consensus:
Earnings per share : 65 cents vs. 44 cents expected
: 65 cents vs. 44 cents expected Revenue: $3.28 billion vs. $3.16 billion expected
Revenue jumped 25% from $2.63 billion a year earlier, DoorDash said in a press release. The company reported net income of $285 million, or 65 cents a share, after recording a loss of $157 million, or 38 cents per share, in the same period a year ago.
Orders increased 20% from a year earlier to 761 million. Gross order value (GOV) rose 23% to $24.2 billion.
DoorDash shares have soared 54% this year as of Wednesday's close, lifting the company's market cap to $109 billion. The Nasdaq is up almost 10% in 2025.