DoorDash, Inc. saw its stock price surge 13.64% in after-hours trading on Wednesday. The significant upward movement followed the release of the company's fourth-quarter financial results and first-quarter outlook.

The food delivery giant reported robust operational performance for Q4 2025, with Total Orders increasing 32% year-over-year to 903 million and Marketplace Gross Order Value (GOV) rising 39% to $29.7 billion. Revenue climbed 38% to $3.96 billion, while Adjusted EBITDA reached $780 million, representing 38% growth.

Investors focused on the company's forward guidance, with DoorDash providing first-quarter Marketplace GOV guidance of $31.0 billion to $31.8 billion, exceeding analyst expectations. The company also highlighted its market leadership position, having become the leading third-party marketplace in the U.S. by order volume across grocery and retail categories.