🔹 Revenue: $3.03B (Est. $3.09B) 🔴
🔹 EPS: $0.44 (Est. $0.39) 🟢
🔹 Adj EBITDA: $590M (vs. $371M YoY) +59%
🔹 Free Cash Flow: $494M (vs. $487M YoY)
🔹 Net Revenue Margin: 13.1% (Flat YoY)
Guidance (Q2'25):
🔹 Marketplace GOV: $23.3B – $23.7B (Est. 23.5B) 😐
🔹 Adj EBITDA: $600M – $650M
🔸 Expects Q/Q margin improvement through Q3
Key Operating Metrics:
🔹 Total Orders: 732M; +18% YoY
🔹 Marketplace GOV: $23.08B; +20% YoY
🔹 Avg Order Frequency: All-time high
🔹 DashPass & Wolt+ Memberships: Y/Y growth accelerated
🔹 International MAUs: Double-digit Y/Y growth
Acquisition Announcements:
🔸 SevenRooms (Hospitality software, $1.2B deal)
🔸 Deliveroo plc (UK-based, $2.9B all-cash offer)
🔸 Purpose: Enhance commerce platform, expand categories, increase international scale