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Quarterly Report — Q3 2024
Filed October 30, 2024
Revenue hit $2.71 billion in Q3 2024, up 25% year-over-year, with international operations growing even faster as a share of the mix. The company swung to net income of $162 million for the quarter versus a $73 million loss a year ago — a clear profitability inflection point. DoorDash also extended its credit facility through April 2029 with a $800 million revolving line, signaling confidence in its balance sheet as it continues scaling globally.
What is Quarterly Report?
Filed after each of the first three fiscal quarters with unaudited financial statements, management discussion, and any material changes to risk factors or legal proceedings.
Quarterly financial update — tracks business trajectory between annual reports.
Extracted Milestones (4)
Revolving Credit Facility Amended and Extended to April 2029
DoorDash amended and restated its revolving credit facility on April 26, 2024, providing an unsecured $800 million revolving credit facility with a $600 million letter of credit sublimit maturing April 2029, strengthening financial capacity for product investments.
View full milestone →Online Ordering Turnkey E-Commerce Solution for Merchants
DoorDash's Commerce Platform includes Online Ordering, which enables merchants to create their own branded online ordering experience as a turnkey solution for on-demand e-commerce without requiring in-house engineering or fulfillment capabilities.
DoorDash Marketplace Operating in Over 30 Countries
As of the 10-K filing date, DoorDash's Marketplaces (DoorDash and Wolt) operate in over 30 countries, reflecting the company's international expansion footprint.
Assembled Workforce Intangible from Asset Acquisition
DoorDash recorded a new $10 million 'assembled workforce' intangible asset from an asset acquisition in 2024 with a 2.5-year useful life, indicating a talent-focused acquisition to support product development.