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DoorDash (MX:DASH)
:DASH
Mexico Market
EarningsQ2 2026 Earnings Report

DoorDash (DASH) Q2 2026 Earnings Report

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MX:DASH Q2 2026 EPS Results

Actual EPS$7.82
Consensus EPS$7.95
Beat/MissMissed by -$0.14
One Year Ago EPS$11.05

MX:DASH Q2 2026 Revenue Results

Actual Revenue$75.70B
Expected Revenue$73.75B
Beat/MissBeat by +$1.94B
YoY Revenue Growth+35.63%

Earnings Announcement Details

QuarterQ2 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
MX:DASH Upcoming Earnings
DoorDash's next earnings date is estimated for November 4, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

MX:DASH Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

No slide deck is available for this earnings event.

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call emphasized broad, multi-pronged operational progress: accelerating revenue drivers (grocery, DashPass, Deliveroo), improving unit economics, a material adjusted EBITDA beat, and promising early results from DashMart and autonomy tests. Risks discussed were primarily execution- and timing-related (autonomy scaling, fulfillment infrastructure, seasonality and fee changes). Overall, positive growth trends and improving profitability were the dominant messages, with manageable execution risks tied to large investments.
Company Guidance
The company reiterated that it expects its new-vertical business (including grocery) to be gross‑profit positive in the second half of 2026, and that it intends to land inside the Q3 guidance range while noting Q3 take‑rate should be roughly flat with Q2 and Q4 take‑rate will be slightly lower due to seasonally higher Dasher costs; Q2 adjusted EBITDA materially beat guidance. Management highlighted operational metrics that support this guidance — MAUs at all‑time highs, DashPass paid‑subscriber growth among the strongest in years (they added more paid subscribers in the past year than in the prior two), Wolt+ had a record paid‑subscriber quarter, basket sizes and order frequency are rising, and merchant tools now serve over 150,000 businesses (up ~40% year‑over‑year). They said Deliveroo’s volume, MAU and unit economics are accelerating and on track to meet previously disclosed profitability targets, the unified global tech stack should deliver additional benefits early next year, and DoorDash Dot has reached meaningful scale in Phoenix testing with cautious, permit‑driven expansion plans.
Grocery and New Verticals Momentum
Grocery is the fastest-growing part of the marketplace; basket sizes and frequency in new verticals are increasing, MAUs for non-restaurant categories are rising, DoorDash became order-volume share leader in Q4 and has extended that lead, and management expects new-verticals to be gross-profit positive in the second half of 2026.
DashPass Subscriber Acceleration
DashPass adoption accelerated: Q2 delivered one of the highest paid subscriber growth quarters in recent years and the company added more paid DashPass subscribers in the last year than in the prior two years; higher DashPass penetration is correlated with increasing gross profit per MAU and higher order frequency.
Deliveroo and International Improvement
Deliveroo showed three consecutive quarters of accelerating orders, GOV and revenue growth; Deliveroo and other international operations have improved unit economics and Deliveroo is contribution-profit positive. Management highlighted share gains in top international markets (U.K., Italy, Germany, Nordics, Israel, Canada).
Adjusted EBITDA and Unit Economics Beat
Q2 adjusted EBITDA materially beat expectations/guidance driven by better-than-expected unit economics (notably ads and subtotal) and stronger-than-expected performance from Deliveroo (ROO). Management emphasized multiple levers improving unit economics across restaurants, grocery and geographies.
Merchant Services and B2B Growth
Merchant tools business serves over 150,000 merchants and grew ~40% year-over-year in the quarter, demonstrating traction for POS/merchant services and selection/quality investments that drive retention and order frequency.
DashMart Fulfillment Services Early Results
DashMart Fulfillment Services (company-managed fulfillment) is generating incremental demand (warehouses running near 24/7) and delivering ~10x better error rates versus store-based fulfillment, improving accuracy and customer experience.
Autonomy (DoorDash Dot) Progress
DoorDash Dot achieved meaningful scale in Phoenix testing (hundreds of robots), is multimodal (road/sidewalk/bike lane), and management reported exponential cost progress and an autonomous delivery platform that can mix AVs with human Dashers to expand speed, cost and selection benefits.
AI Productization and Productivity Gains
AI initiatives are being applied to drive measurable product outcomes: DoorDash Ask helps build grocery carts in under two minutes and discover restaurants, catalog automation speeds merchant onboarding, routing improvements help Dashers, and internal tooling models optimize cost/quality of AI usage.

MX:DASH Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 04, 2026
2026 (Q3)
14.11 / -
9.348
2026 (Q2)
7.95 / 7.82
11.047-29.23% (-3.23)
2026 (Q1)
6.17 / 7.14
7.478-4.55% (-0.34)
2025 (Q4)
10.03 / 8.16
5.60945.45% (+2.55)
2025 (Q3)
11.61 / 9.35
6.45844.74% (+2.89)
2025 (Q2)
7.44 / 11.05
-6.458271.05% (+17.51)
2025 (Q1)
6.65 / 7.48
-1.02833.33% (+8.50)
2024 (Q4)
5.73 / 5.61
-6.628184.62% (+12.24)
2024 (Q3)
3.43 / 6.46
-3.229300.00% (+9.69)
2024 (Q2)
-1.58 / -6.46
-7.47813.64% (+1.02)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed