Above expectations, driven by improved unit economics across business segments, higher DashPass penetration, and effective international integration.
DashPass paid subscriber growth hit a two-year high, with new user additions surpassing the total of the past two years combined; new verticals are expected to turn gross margin positive in the second half.
Launched AI assistant DoorDash Ask and DashMart fulfillment services, with fulfillment error rates improving 10x; international business is accelerating, with Deliveroo order growth hitting a record high, and the single technology stack is expected to deliver results early next year.
Management maintained the Q3 guidance range, expecting continued unit economics improvement; new verticals remain as planned to turn gross margin positive in the second half.
Management is optimistic about AI applications and progress on the DoorDash Dot autonomous driving initiative, emphasizing that growth and profitability can coexist, with the overall signal positive.