Take Rate Pressure but GOV Ahead: DoorDash Actuals vs. Consensus
Consensus Estimate Benchmarking + Valuation Context
Similar to what we saw in Uber earlier today, order values beat while revenues missed for DASH, implying they are forking over incremental compensation within their ecosystem vs. expectations.
That said, they are guiding ahead (at the midpoint) for forward GOV (but with EBITDA a bit behind):