---
title: "$Doordash(DASH.US) (long position) +12% AH post-market after initially falling -7% on lackluster 4Q "
description: "$Doordash(DASH.US) (long position) +12% AH post-market after initially falling -7% on lackluster 4Q revs and earnings but stronger than exp 1Q GOV and # orders. 4Q results:- Gross Order Value $29.7B, "
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000476649.md"
published_at: "2026-02-19T00:27:18.000Z"
author: "[Gary Black Tracker](https://longbridge.com/en/profiles/17077344)"
---

# $Doordash(DASH.US) (long position) +12% AH post-market after initially falling -7% on lackluster 4Q 

$Doordash(DASH.US) (long position) +12% AH post-market after initially falling -7% on lackluster 4Q revs and earnings but stronger than exp 1Q GOV and # orders.

4Q results:

\- Gross Order Value $29.7B, +39% y/y, vs $29.1B est

\- Revs $3.96B, +38% y/y, vs $4.0B est

\- Adj Ebitda $780M vs $774.8M est

\- EPS $.48 vs. $.55 est

\- Adj GM 52.6% vs. 50.6% est

\- Orders 903M, +32% y/y vs 888M est

\- Contribution margin 35.5% vs. 34.3% est

1Q guidance:

\- GOV $31.0B - $31.8B vs $30.8B est

\- Adj EBITDA $675M-$775M vs $800M est

COMMENTARY AND CONTEXT

\- “Our current expectation for Adj EBITDA in Q1 2026 is impacted by three primary factors: 1) incremental investments in Deliveroo, which drive an expectation for Deliveroo to contribute less than $25 million to our Adjusted EBITDA in Q1 2026 compared to over $45 million in Q4 2025, 2) an estimated $20 million direct impact from severe storms Gianna and Fern in the U.S., and 3) a Q/Q increase in Dasher costs per order”

\- “For the full year 2026, we expect Adjusted EBITDA as a percent of Marketplace GOV to increase slightly compared to 2025, excluding the impact of Deliveroo in both periods. We continue to expect Deliveroo to contribute approximately $200 million to our Adjusted EBITDA in 2026.”

\- “As 2026 progresses, we expect Adjusted EBITDA as a percent of Marketplace GOV to increase in Q2 2026 from Q1 2026, but to remain slightly below the level achieved in Q2 2025. We currently expect Adjusted EBITDA as a percentage of Marketplace GOV to increase in Q3 2026 compared to Q2 2026 and for Adjusted EBITDA to be significantly higher in 2H 2026 compared to 1H 2026.”

### Related Stocks

- [DASH.US - Doordash](https://longbridge.com/en/quote/DASH.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.