DoorDash (DASH) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company attributed the growth to core business momentum, as discussed in the filing.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to both the immediately preceding quarter and the same quarter one year earlier. The company attributed the growth to core business momentum, as discussed in the filing.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.8%
Change from the immediately preceding quarter.
Year-over-year
+32.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.7B | +33.4% |
| Dec 31, 2022 | $1.8B | +39.8% |
| Mar 31, 2023 | $2B | +39.8% |
| Jun 30, 2023 | $2.1B | +32.6% |
Revenue performance
The reported revenue rose from the prior quarter, continuing a multi-quarter upward trend. The improvement was supported by sustained demand for the company's platform services.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased, and the year-over-year comparison also showed a significant gain. The trailing twelve-month revenue reflects the cumulative impact of recent growth.
What to watch
The company's accumulated deficit and history of operating losses may warrant continued monitoring of its path to profitability.