DoorDash, Inc. saw its stock price surge 13.24% in pre-market trading on Thursday. The significant upward movement followed the release of the company's fourth-quarter financial results and first-quarter outlook the previous evening.
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. 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.
Despite quarterly earnings and revenue that slightly missed analyst estimates, the market responded positively to DoorDash's strong growth metrics and optimistic outlook. The company also highlighted its expanding market leadership, having become the leading third-party marketplace in the U.S. by order volume across grocery and retail categories.