| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | August 5, 2026 | 5/12 | 1 high, 4 medium, 2 low flags | 0 | 0 | Call sheet → |
| Q1'26 | May 6, 2026 | 9/12 | 1 high, 3 medium, 2 low flags | 4 | 1 | Call sheet → |
| Q4'25 | February 18, 2026 | 9/12 | 3 medium, 5 low flags | 6 | 0 | Call sheet → |
| Q3'25 | November 5, 2025 | 8/12 | 1 high, 3 medium, 2 low flags | 5 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Pending | Gas rewards program Q2 impact projected at approximately $50 million The Q2 period has ended by this call, but management did not state the actual Q2 gas rewards cost anywhere on this transcript; actual not stated on the call. |
| Q2'26 | Pending | New vertical portfolio expected to be gross profit positive in the second half of 2026 Second half of fiscal year has not concluded as of this Q2 call; management now frames the target as 'by the end of the year,' which is a timeline restatement rather than a resolution. |
| Q2'26 | Pending | FY2026 adjusted EBITDA margin to be slightly higher than FY2025 ex-RU, with RU contributing roughly $200M of EBITDA Full fiscal year has not ended; this quarter's commentary narrowed to 'landing inside the range' for Q3 only rather than reaffirming the full-year framing, a soft revision worth tracking but not yet a miss or delivery. |
| Q1'26 | Exceeded | DashPass subscriber growth acceleration Record quarters with accelerating member growth from both sign-ups and retention |
| Q1'26 | Delivered | Autonomous delivery real operations in select markets Have live deliveries in couple markets as promised |
| Q1'26 | Pending | 2026 EBITDA margins slightly higher than 2025 Maintained guidance despite new gas rewards spending |
| Q1'26 | Exceeded | Deliveroo faster growth at same profit contribution Growing faster than expected while maintaining profit targets |
| Q1'26 | Missed | Global tech stack majority completed in 2025 Now saying majority of work in 2026, some bleeding to 2027 |
| Q1'26 | Delivered | New verticals unit economics positive in second half 2025 Confirmed on track for H2 2026 as promised |
| Q4'25 | Delivered | Autonomous commercialization ready in 2026 Have real live deliveries happening now, on track for broader deployment |
| Q4'25 | Delivered | Tech platform work mostly in 2026 Confirmed majority of investment this year but some spillover to 2027 |
| Q4'25 | Pending | Disciplined investment approach with IRR focus Claims unchanged methodology but spending is clearly accelerating |
| Q4'25 | Exceeded | International business approaching contribution breakeven Now expecting contribution profit positive in H2 2026 |
| Q4'25 | Delivered | New verticals unit economics improving Confirmed path to gross profit positive in H2 2026 |
| Q4'25 | Delivered | 2026 EBITDA margin up slightly vs 2025 Maintained guidance despite increased investment commentary |
| Q4'25 | Exceeded | Deliveroo business in better shape than expected Growing faster than anticipated while maintaining profit expectations |
| Q3'25 | Delivered | OpEx roughly 2% of GOV as modeling guideline Ravi reiterated this framework remains intact |
| Q3'25 | Exceeded | Continued investment in product improvements across all segments Escalated from incremental to 'several hundred millions' investment |
| Q3'25 | Delivered | New verticals unit economics continuing to improve Sequential and YoY improvement maintained as guided |
| Q3'25 | Delivered | International business close to contribution profit breakeven Reiterated this milestone achieved as promised |
| Q3'25 | Pending | H2 take rate higher than first half Q3 showed improvement, but Q4 seasonality will test this commitment |
| Q3'25 | Delivered | Deliveroo closing Q4 2025 subject to regulatory review Deal closed as guided, completed integration planning |
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