DoorDash Reports 8300% Profit Surge, Acquires Deliveroo, SevenRooms

DoorDash, a prominent food delivery service, announced a net profit of $1.93 billion for the first quarter of 2025, a stark contrast to the $23 million loss reported in the same period last year. This substantial turnaround highlights the company's improved financial health and operational efficiency. The company's revenue for the quarter increased by 21% to $30.3 billion, driven by an 18% rise in total order volume to 732 million orders. The adjusted EBITDA for the quarter surged by 59% to $5.9 billion, with earnings per share standing at $0.44.

Despite these impressive figures, DoorDash's revenue fell slightly short of the $31 billion expected by analysts. This minor shortfall, however, does not overshadow the company's overall strong performance and significant improvements in profitability. The earnings report also revealed two major acquisitions totaling $50 billion. The first acquisition is the British food delivery platform Deliveroo, purchased for approximately $38.6 billion. This strategic move allows DoorDash to expand its operations into 12 European countries, significantly increasing its global reach. The merger with Deliveroo positions DoorDash to serve over 50 million monthly active users across more than 40 countries and regions, with an anticipated annual order volume of $900 billion.

The second acquisition is SevenRooms, a restaurant technology company, for $12 billion. This marks DoorDash's entry into the Software as a Service (SaaS) sector, signaling a strategic shift towards becoming a comprehensive restaurant operations platform. By integrating SevenRooms' technology, DoorDash aims to enhance its service offerings and market reach, providing a more holistic solution for restaurants and customers alike.

These acquisitions, coupled with DoorDash's strong financial performance, demonstrate the company's commitment to growth and innovation. The expansion into Europe and the SaaS sector not only diversifies DoorDash's revenue streams but also positions it as a leader in the global food delivery and restaurant technology markets. As DoorDash continues to execute its strategic vision, it is poised to maintain its momentum and achieve sustained growth in the coming quarters.