DoorDash (DASH) Revenue — Quarter Ended Jun 30, 2024
Revenue increased compared to the prior quarter and posted a notable gain versus the same period last year. The company's quarterly revenue reached a new high within the trailing twelve months.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased compared to the prior quarter and posted a notable gain versus the same period last year. The company's quarterly revenue reached a new high within the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+23.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.6B
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, 2023 | $2.2B | +27.2% |
| Dec 31, 2023 | $2.3B | +26.7% |
| Mar 31, 2024 | $2.5B | +23.5% |
| Jun 30, 2024 | $2.6B | +23.3% |
Revenue performance
The reported revenue shows a sequential improvement, continuing the upward trend observed over the recent quarters. Year-over-year growth was substantially higher than the quarter-over-quarter change, reflecting a strong annual comparison.
Quarterly comparison
Compared to the immediately preceding quarter, revenue advanced at a moderate pace. When measured against the same quarter one year earlier, the increase was much larger, indicating sustained expansion on an annual basis.
What to watch
Revenue growth rate decelerated on a sequential basis compared to the prior quarter's trend, which may warrant monitoring.