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Firing on All Cylinders: DoorDash (NASDAQ:DASH) Q4 Earnings Lead the Way

DASH Cover Image

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at gig economy stocks, starting with DoorDash (NASDAQ: DASH).

The iPhone changed the world, ushering in the era of the “always-on” internet and “on-demand” services - anything someone could want is just a few taps away. Likewise, the gig economy sprang up in a similar fashion, with a proliferation of tech-enabled freelance labor marketplaces, which work hand and hand with many on demand services. Individuals can now work on demand too. What began with tech-enabled platforms that aggregated riders and drivers has expanded over the past decade to include food delivery, groceries, and now even a plumber or graphic designer are all just a few taps away.

The 6 gig economy stocks we track reported a softer Q4. As a group, revenues missed analysts’ consensus estimates by 2.1% while next quarter’s revenue guidance was 0.7% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 18.6% since the latest earnings results.

Best Q4: DoorDash (NASDAQ: DASH)

Founded by Stanford students with the intent to build “the local, on-demand FedEx", DoorDash (NYSE: DASH) operates an on-demand food delivery platform.

DoorDash reported revenues of $3.96 billion, up 37.7% year on year. This print fell short of analysts’ expectations by 1.1%. Overall, it was a softer quarter for the company with a slight miss of analysts’ revenue estimates and EBITDA guidance for next quarter missing analysts’ expectations significantly.

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash, Inc. (NASDAQ: DASH) announced today that Milan Kovac, former Vice President of Optimus Robotics and Autopilot at Tesla, has been appointed to the company’s Board of Directors, effective January 16, 2026. Tony Xu, co-founder and CEO of DoorDash, Inc., said, “Milan has spent his career building and scaling ambitious engineering programs at the intersection of AI, autonomy, and robotics. He brings a rare combination of technical depth and operational leade...

DoorDash Total Revenue

DoorDash pulled off the fastest revenue growth of the whole group. The company reported 903 million service requests, up 31.8% year on year. Still, the market seems discontent with the results. The stock is down 16.1% since reporting and currently trades at $164.70.

Is now the time to buy DoorDash? Access our full analysis of the earnings results here, it’s free.

Fiverr (NYSE: FVRR)

Based in Tel Aviv, Fiverr (NYSE: FVRR) operates a fixed price global freelance marketplace for digital services.

Fiverr reported revenues of $107.2 million, up 3.4% year on year, falling short of analysts’ expectations by 1.7%. The business performed better than its peers, but it was unfortunately a disappointing quarter with full-year revenue guidance missing analysts’ expectations significantly and full-year EBITDA guidance missing analysts’ expectations significantly.

Fiverr Total Revenue

Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 16.1% since reporting. It currently trades at $10.99.

Is now the time to buy Fiverr? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: Angi (NASDAQ: ANGI)

Created by IAC’s mergers of Angie’s List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US.

Angi reported revenues of $240.8 million, down 10.1% year on year, falling short of analysts’ expectations by 1.2%. It was a softer quarter as it posted a slight miss of analysts’ revenue estimates and a slight miss of analysts’ EBITDA estimates.

Angi delivered the slowest revenue growth in the group. As expected, the stock is down 32.7% since the results and currently trades at $8.05.

Read our full analysis of Angi’s results here.

Uber (NYSE: UBER)

Notoriously funded with $7.7 billion from the Softbank Vision Fund, Uber (NYSE: UBER) operates a platform of on-demand services such as ride-hailing, food delivery, and freight.

Uber reported revenues of $14.37 billion, up 20.1% year on year. This print was in line with analysts’ expectations. Taking a step back, it was a mixed quarter as it failed to impress in some other areas of the business.

The company reported 202 million users, up 18.1% year on year. The stock is down 7.4% since reporting and currently trades at $72.17.

Read our full, actionable report on Uber here, it’s free.

Upwork (NASDAQ: UPWK)

Formed through the 2013 merger of Elance and oDesk, Upwork (NASDAQ: UPWK) is an online platform where businesses and independent professionals connect to get work done.

Upwork reported revenues of $198.4 million, up 3.6% year on year. This result met analysts’ expectations. Zooming out, it was a slower quarter as it produced a decline in its customers and revenue guidance for next quarter missing analysts’ expectations significantly.

Upwork delivered the biggest analyst estimates beat and highest full-year guidance raise among its peers. The company reported 785,000 active customers, down 5.6% year on year. The stock is down 30.5% since reporting and currently trades at $13.07.

Read our full, actionable report on Upwork here, it’s free.


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