DoorDash Inc. reported its fourth-quarter earnings for 2024, with revenue reaching $2.87 billion, surpassing the expected $2.84 billion and marking a 25% increase from the previous year. The company's earnings per share (EPS) were $0.33, aligning with analyst estimates. DoorDash also reported a GAAP net income of $141 million, a significant improvement from a net loss of $154 million in the same quarter of the previous year. The company's adjusted EBITDA was $566 million, within the previously guided range of $525 million to $575 million. Total orders for the quarter increased by 19% year-over-year to 685 million. The net revenue margin increased to 13.5% from 13.1% in Q4 2023, and gross profit was $1.372 billion, representing 47.75% of revenue and 6.4% of Marketplace GOV, which grew 21% year-over-year to $21.28 billion. DoorDash provided Q1 2025 guidance, expecting Marketplace GOV to be between $22.6 billion and $23.0 billion and adjusted EBITDA to be between $550 million and $600 million. In response to these results, DoorDash announced plans to buy back shares worth up to $5 billion in fiscal year 2025. Following the earnings release, DoorDash's stock saw a pre-market increase of approximately 5.7%.