DoorDash Reports $3.03B Q1 2025 Revenue, Surging 21% YoY, and Swings to Net Income of $193M.

DoorDash reported Q1 2025 revenue of $3.03 billion, up 21% YoY, and swung to a net income of $193 million, reversing a $23 million loss from the previous year. Total orders surged 18% to 732 million, with grocery deliveries reaching a record high. The company's strong performance is attributed to its ability to adapt to changing consumer preferences and expand its offerings beyond food delivery.

DoorDash, a leading food delivery platform, has announced the addition of six new grocery retailers to its platform, including Bi-Rite Market, Dave's Markets, Dorothy Lane Market, Lucky's Markets, Lunardi's Markets, and Superior Grocers. This expansion aims to cater to the growing demand for grocery delivery services, targeting nearly half of US consumers who are new to grocery delivery [1].

The new partners bring more choices to shoppers on the West Coast and in Ohio, joining other grocers of various sizes in these regions on DoorDash. The addition of these retailers is part of DoorDash's ongoing strategy to expand its grocery delivery offerings and provide consumers with on-demand access to the best local businesses in their neighborhoods [1].

Bi-Rite Market, a San Francisco institution, is known for its commitment to offering the most delicious food in the Bay Area. The market provides a wide range of local, organic, peak-of-season produce, sustainably sourced meat, poultry, and seafood, as well as staple and specialty grocery items from entrepreneurial artisans and makers [1].

Dave's Markets, with twelve locations in Northern Ohio, prides itself on bringing its customers the freshest cuts of meat, fresh baked goods, farm fresh produce, and more. Dorothy Lane Market, a gourmet, family-owned supermarket in Southwest Ohio, offers local shoppers all the staples with an emphasis on made-in-house prepared foods, scratch bakery, local produce, all-natural meat, and specialty foods [1].

Lucky's Markets, with four locations in Ohio, offers organic foods, delicious made-in-house foods, and local delights in a unique atmosphere. Lunardi's Markets, known for personalized service and maintaining high-quality selection, provides consumers with domestic and imported products, fresh produce, seafood, and more [1].

Superior Grocers, a cornerstone of communities across Southern California, the Central Valley, and Nevada, offers an extensive selection of produce, meat, international foods, and more. With seventy-four locations, Superior Grocers is a significant addition to DoorDash's grocery delivery options [1].

The new partners are available on DashPass, DoorDash's membership program that offers $0 delivery fees, reduced service fees, and exclusive benefits on eligible orders from thousands of restaurants, grocery, and convenience stores nationwide [1].

The expansion of grocery delivery options on DoorDash is a strategic move that aligns with the growing trend of consumers preferring on-demand services. As of Q1 2025, almost 1 in 2 consumers in the US who are new to ordering delivery in the Grocery, Convenience, and Alcohol categories through a third-party marketplace placed their first order on DoorDash [2].

DoorDash is set to release its second-quarter 2025 results on Aug. 6. The Zacks Consensus Estimate for earnings is pegged at 42 cents per share, which has remained unchanged over the past 30 days. The Zacks Consensus Estimate for revenues is currently pegged at $3.16 billion, suggesting a 20.29% increase year over year [3].

References:
[1] https://www.andnowuknow.com/whats-store/doordash-expands-grocery-access-west-coast-midwest-trusted-local-grocers/anuk-staff/99247
[2] https://about.doordash.com/en-us/news/doordash-adds-six-new-grocers
[3] https://www.nasdaq.com/articles/doordash-set-report-q2-earnings-whats-store-stock