DoorDash expects strong order growth as delivery demand remains resilient
DoorDash projected high first quarter order values on Wednesday as delivery demand stays firm. Shares rose despite a lower profit outlook due to tech spending.
Insights:
DoorDash, Inc. announced on February 18, 2026, that it expects first-quarter marketplace gross order value to exceed Wall Street estimates, citing steady demand and a successful push into new categories. The company issued a guidance range for marketplace gross order value (GOV) between $31.0 billion and $31.8 billion, which stands above the LSEG consensus of $29.61 billion. This optimistic revenue-scale forecast, fueled by expansion across grocery, retail, and international markets, resulted in a near 14% increase in the company’s share price during after-hours trading.
