DoorDash Reports Mixed Q4 Results, Announces $1.1 Billion Share Repurchase

Despite surpassing revenue and order expectations, DoorDash's Q4 net losses and per-share losses were larger than anticipated, leading to a decline in after-hours trading.

DoorDash's Q4 revenue increased 27% year-over-year to $2.3 billion, beating analyst estimates.
Total orders for the fourth quarter rose 23% to 574 million, indicating strong demand.
The company reported a net loss of $154 million for Q4, with a per-share loss of 39 cents, missing analyst expectations.
DoorDash forecasts Q1 adjusted EBITDA to be between $320 million and $380 million, with a midpoint below market estimates.
The delivery firm announced a share repurchase program of up to $1.1 billion, signaling confidence in its financial health.