DoorDash Q2 revenue rises 23% to $2.6 billion; adjusted EBITDA reaches $430 million
DoorDash reported second-quarter 2024 results on August 1, 2024, with revenue up 23% year over year to $2.6 billion and GAAP net loss narrowing to $158 million from $172 million a year earlier. The company also gave third-quarter guidance of $19.4 billion to $19.8 billion in Marketplace GOV and $470 million to $540 million in Adjusted EBITDA, while recording $85 million in litigation reserves and $83 million in office lease impairment expenses in the quarter.
Key points
- Revenue rose 23% year over year to $2.6 billion; Net Revenue Margin was 13.3%, up from 13.0% a year earlier.
- Adjusted EBITDA was $430 million, up from $279 million in Q2 2023; GAAP net loss was $158 million versus $172 million.
- Q2 results included $85 million in litigation reserves and $83 million in office lease impairment expenses; the company expects legal expenses to decline meaningfully in Q3 2024.
- Q3 2024 outlook: Marketplace GOV of $19.4 billion to $19.8 billion and Adjusted EBITDA of $470 million to $540 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.