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DoorDash forecasts upbeat quarter on robust delivery demand
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DoorDash forecasts upbeat quarter on robust delivery demand
Nov 5, 2025 1:36 PM

Nov 5 (Reuters) - DoorDash ( DASH ) forecast

fourth-quarter gross merchandise value above Wall Street

expectations and beat quarterly revenue estimates on Wednesday,

boosted by resilient demand for deliveries and partnerships with

restaurants and retailers.

The company expects gross merchandise value, the total

dollar value of orders placed through its platform, in the

fourth quarter, to range between $28.9 billion and $29.5

billion, surpassing estimates of $25.36 billion, according to

data compiled by LSEG.

DoorDash ( DASH ) has signed a series of partnerships, including

with robotics firm Serve Robotics ( SERV ), and retail outlets

companies like Domino's Pizza and Kroger ( KR ) as it looks to

expand its services to serve a broader range of customers

seeking last-mile delivery services.

GMV rose 25% to $25.02 billion in the third quarter ended

September 30, beating estimates of $24.09 billion, with total

orders climbing 21% year-over-year. Revenue increased to $3.45

billion, above expectations of $3.36 billion.

Net revenue margin rose to 13.8% from 13.5% a year earlier,

driven by strong advertising revenue.

Total costs and expenses rose to $3.19 billion from $2.60

billion a year ago. The company's partnerships also ticked up

costs in the quarter.

DoorDash ( DASH ) reported earnings of 55 cents per share, missing

estimates of 69 cents.

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