DA
DASH
Quarter ended Dec 31, 2023 · FY2023 Q4

DoorDash (DASH) Revenue — Quarter Ended Dec 31, 2023

Revenue for the quarter increased compared to both the preceding quarter and the same quarter a year earlier. The company's accumulated deficit remained significant, as noted in the filing.

Key takeaway

Quarter ended Dec 31, 2023 · FY2023 Q4

Revenue for the quarter increased compared to both the preceding quarter and the same quarter a year earlier. The company's accumulated deficit remained significant, as noted in the filing.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2.3B

Revenue reported for this quarter.

Quarter-over-quarter

+6.4%

Change from the immediately preceding quarter.

Year-over-year

+26.7%

Change from the comparable year-ago quarter.

Trailing four quarters

$8.6B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2023$2B+39.8%
Jun 30, 2023$2.1B+32.6%
Sep 30, 2023$2.2B+27.2%
Dec 31, 2023$2.3B+26.7%

Revenue performance

Reported revenue rose from the prior quarter, continuing the upward trajectory observed throughout the fiscal year.

Quarterly comparison

Revenue was higher than in the immediately preceding quarter and also exceeded the level reported for the same quarter one year earlier.

What to watch

The filing highlights a substantial accumulated deficit, reflecting ongoing operating losses despite revenue growth.