DoorDash, Inc. saw its stock price surge 8.15% in after-hours trading on Wednesday. The significant upward movement followed the release of the company's fourth-quarter financial results.

While DoorDash reported quarterly earnings and revenue that slightly missed analyst expectations, investors focused on the company's robust forward guidance and strong operational performance. The food delivery giant provided first-quarter Marketplace Gross Order Value (GOV) guidance of $31.0 billion to $31.8 billion, alongside adjusted EBITDA guidance of $675 million to $775 million.

Key business metrics revealed a 32% year-over-year increase in Total Orders to 903 million and a 39% rise in Marketplace GOV to $29.7 billion. The company also announced it has become the leading third-party marketplace in the U.S. by order volume across grocery and retail, adding major partners including Kroger in 2025 and early 2026.