04:46 PM EDT, 08/06/2025 (MT Newswires) -- DoorDash ( DASH ) late Wednesday swung to higher-than-expected earnings in the second quarter as the food delivery company beat Wall Street's expectations for revenue.
The company reported earnings per share of $0.65, compared with a $0.38 loss a year earlier. The consensus on FactSet pointed to EPS of $0.44. Revenue advanced 25% to $3.28 billion, higher than the Street's $3.16 billion view.
DoorDash's ( DASH ) shares were up 4.3% in after-hours trading.
Marketplace gross order value -- the total value of all orders completed on its marketplaces, including taxes, tips and membership fees -- increased 23% annually to $24.24 billion, above expectations for $23.63 billion.
Orders grew 20% to 761 million, topping the market view for 750 million. The annual pace of order growth accelerated in the US, with "notable strength" in the restaurant category, the company said.
DoorDash ( DASH ) forecasts third-quarter marketplace gross order value at $24.2 billion to $24.7 billion, compared with market expectations of $23.83 billion.