DoorDash Is Hungry For Growth: Q1 Orders Jump 18%, Plans 2 Big Acquisitions To Expand International Presence

DoorDash Inc. DASH stock dipped Tuesday after the food delivery company reported strong order growth and confirmed two major acquisitions, even as quarterly revenue missed analyst expectations.

DoorDash reported quarterly GAAP earnings of 44 cents per share, beating the analyst consensus estimate of 39 cents.

Quarterly revenue reached $3.03 billion, missing the $3.09 billion analyst consensus estimate. The revenue grew by 21% year-over-year.

Also Read: DoorDash’s Growth Picks Up Speed Despite Holiday Headwinds: Analyst

Total Orders increased 18% year-over-year to 732 million and Marketplace GOV increased 20% year-over-year to $23.1 billion.

U.S. Marketplace helped drive monthly active users (MAUs) for the quarter, which was consistent with Y/Y growth in December 2024.

International MAUs continued to grow at a double-digit pace throughout the quarter. In its Wolt-branded countries, DoorDash more than doubled Wolt+ members exiting the quarter compared to the end of the first quarter of 2024.

Outlook

DoorDash reiterated it expects adjusted EBITDA as a percentage of Marketplace GOV to increase from second-quarter to third-quarter.

Acquisitions

DoorDash is preparing to acquire Deliveroo, a U.K.-based food delivery firm, in a $3.9 billion deal.

DoorDash also agreed to acquire SevenRooms, a software company based in New York City for $1.2 billion, CNBC reported Tuesday. 

The acquisition will likely close during the second half of 2025, subject to customary closing conditions and regulatory approvals.

DoorDash held $4.71 billion in cash and equivalents as of March 31, 2025.

DASH Price Action: DoorDash stock is down 5.19% at $194.75 premarket at last check on Tuesday.  

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