DoorDash reported mixed results for Q1 2026, posting adjusted earnings per share of $0.42, beating analyst expectations of $0.37, but revenue came in slightly below estimates at $4.04 billion versus $4.15 billion expected. The company showed strong operational metrics, with marketplace gross order value up 37% year-over-year to $31.6 billion and total orders rising 27% to 933 million. Adjusted EBITDA increased 28% to $754 million, though GAAP net income fell 5% to $184 million. DoorDash highlighted record membership signups and growth in user engagement, expecting continued growth in Q2 and a slight increase in full-year adjusted EBITDA margin for 2026, despite some costs from its Dasher gas relief program.
