DoorDash Posts Record Revenue While Rising Costs and Soft Guidance Temper Investor Optimism

San Francisco, Wednesday, 18 February 2026.
On February 18, 2026, DoorDash (NASDAQ: DASH) revealed a complex financial landscape for Q4 2025, characterized by robust top-line growth overshadowed by rising operational costs. While the company achieved a 38% surge in revenue to $4.0 billion and a 32% increase in total orders, it missed earnings expectations with an EPS of $0.48 against a projected $0.59. Most significantly, investors reacted to softer-than-expected guidance for Q1 2026, attributed to the costly integration of Deliveroo and a $20 million impact from severe storms Gianna and Fern. This report highlights a critical pivot point: despite cementing its dominance in delivery volume, DoorDash faces immediate margin pressure as it prioritizes long-term infrastructure and market expansion over short-term profitability.