DoorDash (DASH) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the prior quarter, and the year-over-year growth was substantial. The company's trailing twelve-month revenue also rose.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the prior quarter, and the year-over-year growth was substantial. The company's trailing twelve-month revenue also rose.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.7B
Revenue reported for this quarter.
Quarter-over-quarter
+2.9%
Change from the immediately preceding quarter.
Year-over-year
+25.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.2B
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 |
|---|---|---|
| Dec 31, 2023 | $2.3B | +26.7% |
| Mar 31, 2024 | $2.5B | +23.5% |
| Jun 30, 2024 | $2.6B | +23.3% |
| Sep 30, 2024 | $2.7B | +25.0% |
Revenue performance
The reported revenue direction shows an upward trend, continuing a pattern of sequential growth. The increase reflects ongoing expansion in the company's business.
Quarterly comparison
Revenue grew from the immediate prior quarter, and the year-over-year comparison showed a significant increase. The sequential growth rate was lower than the prior quarter's gain, while the annual comparison remained strong.
What to watch
The filing notes that the company has an accumulated deficit and may require additional capital to fund future growth.