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Company | Revenue | |
---|---|---|
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11.2B 4.6% | |
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1.52B 6% | |
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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 2.71B | 2.9% |
Gross Profit | 502M | 292.2% |
Cost of Revenue | 2.2B | 11.9% |
Operating expense | 1.12B | 21.2% |
Net Income | 162M | 203.2% |
EBITDA | 139M | 181.8% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 12.3B | 3.7% |
Total Liabilities | 4.7B | 0.7% |
Total Equity | 7.57B | 5.7% |
Shares Outstanding | 413M | 0.6% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 531M | 0.2% |
Cash from investing | -62M | 57.8% |
Cash from financing | -213M | 4160% |
EPS
Financial Highlights for DoorDash in Q3 '24
DoorDash reported a revenue of 2.71B, which is a 2.9% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 502M, marking a 292.2% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.2B, a -11.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 1.12B, showing a -21.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 162M, showing a 203.2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 139M, showing a 181.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for DoorDash with growth in revenue, gross profit, and net income.