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Dingdong (Cayman) Limited(DDL)Earnings, Financials & Key Ratios
DDL•NYSE
$2.04
14.1× P/E·Price updated Jul 7, 2026
AboutDingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh produce, meat, seafood, prepared food, and other food products, such as dairy and bakery products, snacks, oil, seasonings, and beverages. It operates as a self-operated online retail business primarily through Dingdong Fresh. The company was founded in 2017 and is headquartered in Shanghai, China.Show more
- Revenue$24.36B+5.6%
- EBITDA$229M-30.4%
- Net Income$222M-24.9%
- EPS (Diluted)0.98-27.4%
- Gross Margin29.17%-3.1%
- EBITDA Margin0.94%-34.1%
- Operating Margin0.54%-41.9%
- Net Margin0.91%-28.9%
- ROE21.1%-49.1%
DDL Price & Volume
Dingdong (Cayman) Limited (DDL) stock price & volume — 10-year historical chart
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Structural Margin Stability Masks Fragile Operating Profitability
Investment Thesis • Updated 2025Q4
VerdictNeutral
Growth:Decelerating
Profitability:Strained
Financial:Healthy
Cash Flow:Improving
Primary Risk:Hyper-local competitive margin erosion
Key Thesis Takeaways
- Dingdong has successfully pivoted from aggressive, debt-fueled expansion to a disciplined model focused on balance sheet fortification, as evidenced by a reduction in total debt from $4.9B in 2023Q3 to $2.4B in 2025Q4.
- While the company has achieved consistent gross margins near 29.3%, top-line growth has decelerated significantly to 5.7% in 2025Q4, raising concerns about the long-term scalability of its front-line warehouse model.
- Investors should monitor the company's reliance on non-operating items to sustain net income, as core operating margins remain razor-thin at 0.2%.
Verdict Logic
while the company has successfully deleveraged its balance sheet, the persistent 0.2% operating margin and decelerating revenue growth suggest limited upside until the core business demonstrates sustainable, non-diluted profitability.
DDL Growth Metrics
Dingdong (Cayman) Limited (DDL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years16.53%
3 Years0.19%
TTM6.54%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM15.67%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-23.46%
Return on Capital
10 Years-384.15%
5 Years-120.14%
3 Years3.19%
Last Year6.47%
DDL Recent Earnings
Dingdong (Cayman) Limited (DDL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (22%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$0.11
—
Rev
$854M-7.2%
$920M
Q2 2026
Mar 4, 2026Metric
Actual
Est
EPS
$0.03+0.0%
$0.03
Rev
$892M-0.9%
$901M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.06-33.3%
$0.09
Rev
$936M-85.1%
$6.3B
Q3 2025
Aug 21, 2025Metric
Actual
Est
EPS
$0.08
—
Rev
$833M-87.7%
$6.8B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $0.11 | $854Mvs $920M-7.2% |
| Q2 2026 | Mar 4, 2026 | $0.03vs $0.03+0.0% | $892Mvs $901M-0.9% |
| Q4 2025 | Nov 12, 2025 | $0.06vs $0.09-33.3% | $936Mvs $6.3B-85.1% |
| Q3 2025 | Aug 21, 2025 | $0.08 | $833Mvs $6.8B-87.7% |
Based on last 12 quarters of dataView full earnings history →
Latest DDL News
Recent stock market news and headlines for Dingdong (Cayman) Limited (DDL)
Peers Comparison
Key metrics vs top competitors for Dingdong (Cayman) Limited (DDL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.04 | $441.79M | 14.14 | 5.61% | 0.91% | 21.1% | — | |
| $11.70 | $3.64B | 21.14 | 22.75% | 12.63% | 22.69% | — | |
| $26.49 | $35.77B | 13.95 | 12.97% | 1.5% | 6.52% | — | |
| $82.53 | $117.47B | 8.59 | 9.65% | 22.66% | 26.12% | — | |
| $98.14 | $229.03B | 15.15 | 2.74% | 10.12% | 9.35% | — | |
| $0.23 | $88.51M | -0.14 | 498.08% | -91.96% | -60.5% | — |
Compare DDL vs Peers
Dingdong (Cayman) Limited (DDL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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DDL Frequently Asked Questions
Dingdong (Cayman) Limited (DDL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Dingdong (Cayman) Limited's revenue?
Dingdong (Cayman) Limited (DDL) reported $23.60B in revenue for fiscal year 2025. This represents a 508% increase from $3.88B in 2019.
How fast is Dingdong (Cayman) Limited growing?
Dingdong (Cayman) Limited (DDL) grew revenue by 5.6% over the past year. This is steady growth.
Is DDL profitable?
Yes, Dingdong (Cayman) Limited (DDL) is profitable, generating $230.5M in net income for fiscal year 2025 (0.9% net margin).
Dividend & Returns
What is DDL's return on equity?
Dingdong (Cayman) Limited (DDL) has a return on equity (ROE) of 21.1%. This is excellent, indicating efficient use of shareholder capital.
What is Dingdong (Cayman) Limited's free cash flow?
Dingdong (Cayman) Limited (DDL) generated $430.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.