How does DASH's 2024 performance compare to forecasts?

**DoorDash's 2024 performance exceeded forecasts in key financial metrics, showcasing robust growth and operational efficiency.** 1. **Revenue Growth**: DoorDash's total revenue for 2024 reached $10.72 billion, surpassing the estimated $10.45 billion based on the average of forecasts. This represents a 24.75% year-over-year growth, indicating strong performance across its business segments. |code|Ticker|Name|Date|Free Cash Flow|Total Revenue|Net Income|market_code| |---|---|---|---|---|---|---|---| |DASH|DASH.O|Doordash|2024 Q1|-4.62500007E8|2.513E9|-2.5E7|185| |DASH|DASH.O|Doordash|2024 Q2|-8.54297066E8|2.63E9|-1.58E8|185| |DASH|DASH.O|Doordash|2024 Q3|-5.068E8|2.706E9|1.61E8|185| |DASH|DASH.O|Doordash|2024 Q4|-5.6225E8|2.873E9|1.39E8|185| |code|Ticker|Name|Date|Net Income YoY|Free Cash Flow YoY|Total Revenue YoY|market_code| |---|---|---|---|---|---|---|---| |DASH|DASH.O|Doordash|2024 Q1|84.5679012345679|-180.88003927317803|23.48894348894349|185| |DASH|DASH.O|Doordash|2024 Q2|8.13953488372093|-237.9003876365284|23.300515705579|185| |DASH|DASH.O|Doordash|2024 Q3|314.66666666666663|-845.8801283948286|25.046210720887245|185| |DASH|DASH.O|Doordash|2024 Q4|189.1025641025641|-1.8894310862401713|24.750325662179765|185| 2. **Net Income Growth**: The company reported a net income of $117 million for 2024, which is substantial considering it generated a loss in the previous year. This turnaround reflects improved operational efficiency and strategic investments in new products and services. 3. **Free Cash Flow**: With a free cash flow of $1.8 billion, DoorDash demonstrated strong liquidity and capital generation capabilities, which is crucial for sustaining its growth trajectory and investing in future opportunities. 4. **Market Performance**: DoorDash's international growth and expansion into new verticals, such as grocery and retail, contributed significantly to its revenue and order growth. The company reported a significant increase in monthly active users and order frequency, highlighting its market leadership in food delivery. 5. **Stock Performance**: Following the earnings release, DoorDash's stock surged by 5.6% in after-hours trading, reflecting investor optimism about its financial performance and future prospects. This momentum is a testament to the company's successful execution and growth potential. In conclusion, DoorDash's 2024 performance significantly outperformed forecasts, driven by strong revenue growth, improved profitability, and strategic investments. The company's focus on expanding its service offerings and market penetration has positioned it well for continued growth in 2025 and beyond.