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DoorDash Q1 Profit Falls Amid Rising Costs

Wall Street Journal US Business •
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DoorDash posted a quarterly profit of $184 million, down from $193 million a year earlier, as higher costs eroded gains.

Revenue jumped 33% to $4.04 billion, still shy of the $4.15 billion forecast. The decline stemmed from a heavier cost of revenue linked to more orders and increased spending on sales, marketing and R&D.

The company warned a driver‑fuel‑support program will cut this quarter’s earnings by $50 million. Investors face a trade‑off between expanding order volume and managing cost inflation.

These numbers suggest DoorDash must tighten cost controls while sustaining growth, a delicate balance that could reshape its valuation and competitive positioning.