DoorDash Q1 Earnings Beat, Shares Surge 13%

DoorDash shares jumped 13% in after‑hours trading after Q1 2026 earnings beat, EPS $0.42 vs $0.37 estimate.
Revenue rose 33% YoY to $4.04 billion but missed consensus of $4.15 billion, while GAAP net income fell 5% to $184 million.
Marketplace Gross Order Value grew 37% YoY to $31.6 billion, total orders up 27% to 933 million; adjusted EBITDA $754 million, up 28%.
Guidance: Q2 Marketplace GOV $32.4‑33.4 billion, adjusted EBITDA $770‑$870 million; Deliveroo to add ~$200 million EBITDA FY; $4.795 billion share repurchase left.