Dingdong (Cayman) Limited logo

Dingdong (Cayman) Limited

DDL

NYSEConsumer DefensiveGrocery Stores

Previous close

$2.47

+$0.11 · +4.66%

Aug 21, 4:00 PM ET

DDL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

45

Fair Value

Momentum

36

Weakening

Sentiment

61

Bullish

Risk resilience

44

Elevated Risk

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Company profile

Company website

Dingdong (Cayman) Limited is a Chinese online retail enterprise that provides a comprehensive selection of food products. Its offerings span fresh produce, meats, seafood, and prepared meals, alongside a diverse assortment of groceries including dairy, baked goods, snacks, oils, seasonings, and beverages. The company manages its operations primarily through its self-operated digital platform, Dingdong Fresh. Founded in 2017, it is headquartered in Shanghai, China.

Industry
Grocery Stores
Sector
Consumer Defensive
Headquarters
CN
CEO
Song Wang
Listed since
Jun 29, 2021
Employees
3,658

Market position

Day range

Current $2.47

52-week range

Current $2.47

Open
$2.37
Previous close
$2.36
Volume
355.67K
0.84× average
Average volume
423.08K
Average daily volume
Market cap
534.91M USD
Beta
0.5
Market reference 1
50-day average
$2.2442
+10.06% above average
200-day average
$2.4502
+0.81% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.1B CNY
P/E (TTM)
6.68×
P/B (TTM)
2.52×
P/S (TTM)
0.27×
EV / EBITDA
14.37×
Earnings yield
5.87%
Free cash flow yield
9.22%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
28.15%
Operating margin
-0.51%
Net margin
4.13%
Return on equity
21.28%
Return on assets
3.16%
Return on invested capital
3.37%

Financial health

Debt / equity
0.05×
Current ratio
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%12%-13%-38%Gross margin, FY2021: 20.10%Gross margin, FY2022: 30.91%Gross margin, FY2023: 30.66%Gross margin, FY2024: 30.11%Gross margin, FY2025: 29.17%Operating margin, FY2021: -31.46%Operating margin, FY2022: -3.30%Operating margin, FY2023: -0.65%Operating margin, FY2024: 0.93%Operating margin, FY2025: 0.54%Net margin, FY2021: -31.95%Net margin, FY2022: -3.36%Net margin, FY2023: -0.50%Net margin, FY2024: 1.28%Net margin, FY2025: 0.91%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.10%. Gross margin FY2022 30.91%. Gross margin FY2023 30.66%. Gross margin FY2024 30.11%. Gross margin FY2025 29.17%. Operating margin FY2021 -31.46%. Operating margin FY2022 -3.30%. Operating margin FY2023 -0.65%. Operating margin FY2024 0.93%. Operating margin FY2025 0.54%. Net margin FY2021 -31.95%. Net margin FY2022 -3.36%. Net margin FY2023 -0.50%. Net margin FY2024 1.28%. Net margin FY2025 0.91%.

Income trends

Revenue

24.36B CNY+5.61%

Operating income

131.68M CNY-38.63%

Net income

221.67M CNY-24.88%
Income trends across reported periods27.44B CNY15.12B CNY2.81B CNY−9.51B CNYRevenue, FY2021: 20.12B CNYRevenue, FY2022: 24.22B CNYRevenue, FY2023: 19.97B CNYRevenue, FY2024: 23.07B CNYRevenue, FY2025: 24.36B CNYOperating income, FY2021: −6.33B CNYOperating income, FY2022: −799.73M CNYOperating income, FY2023: −130.12M CNYOperating income, FY2024: 214.55M CNYOperating income, FY2025: 131.68M CNYNet income, FY2021: −6.43B CNYNet income, FY2022: −814.37M CNYNet income, FY2023: −99.88M CNYNet income, FY2024: 295.08M CNYNet income, FY2025: 221.67M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 20.12B CNY. Revenue FY2022 24.22B CNY. Revenue FY2023 19.97B CNY. Revenue FY2024 23.07B CNY. Revenue FY2025 24.36B CNY. Operating income FY2021 −6.33B CNY. Operating income FY2022 −799.73M CNY. Operating income FY2023 −130.12M CNY. Operating income FY2024 214.55M CNY. Operating income FY2025 131.68M CNY. Net income FY2021 −6.43B CNY. Net income FY2022 −814.37M CNY. Net income FY2023 −99.88M CNY. Net income FY2024 295.08M CNY. Net income FY2025 221.67M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue24.36B CNY23.07B CNY19.97B CNY24.22B CNY20.12B CNY
Cost of goods sold17.25B CNY16.12B CNY13.85B CNY16.74B CNY16.08B CNY
Gross profit7.11B CNY6.95B CNY6.12B CNY7.49B CNY4.04B CNY
Research and development821.97M CNY799.97M CNY802.89M CNY1B CNY905.01M CNY
Selling, general, and administrative963.36M CNY947.46M CNY751.93M CNY1.12B CNY9.47B CNY
Operating expenses6.98B CNY6.73B CNY6.25B CNY8.29B CNY10.37B CNY
Interest income125.56M CNY154.43M CNY157.49M CNY93.04M CNY45.32M CNY
Interest expense16.79M CNY47.3M CNY98.95M CNY133.71M CNY85.15M CNY
Depreciation and amortization97.54M CNY114.6M CNY155M CNY204.21M CNY213.08M CNY
Operating income131.68M CNY214.55M CNY−130.12M CNY−799.73M CNY−6.33B CNY
Net income221.67M CNY295.08M CNY−99.88M CNY−814.37M CNY−6.43B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
25%
2 beats, 3 misses, 3 met estimates
Average EPS surprise
+25.91%
8 comparable reports
Latest EPS result
0.13
Estimate 0.13 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.170.090.01-0.07Q4 '24BeatQ1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25MissQ1 '26MetQ2 '26No estimateQ3 '26Met
Q4 2024, reported Nov 6, 2024: actual 0.11, estimate 0.03, surprise +266.67%, Beat. Q1 2025, reported Mar 6, 2025: actual 0.08, estimate 0.04, surprise +100.00%, Beat. Q2 2025, reported May 16, 2025: actual 0.003, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 20, 2025: actual 0.043, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 0.06, estimate 0.09, surprise -33.33%, Miss. Q1 2026, reported Mar 4, 2026: actual 0.03, estimate 0.03, surprise 0.00%, Met estimate. Q2 2026, reported May 21, 2026: actual -0.032, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 20, 2026: actual 0.128, estimate 0.128, surprise 0.00%, Met estimate.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.19B1.03B869.37M707.67MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 808.75M USD, estimate 798.85M USD, surprise +1.24%, Beat. Q2 2025, reported May 16, 2025: actual 754.79M USD, estimate 753.55M USD, surprise +0.17%, Beat. Q3 2025, reported Aug 20, 2025: actual 833.93M USD, estimate 833.25M USD, surprise +0.08%, Beat. Q4 2025, reported Nov 12, 2025: actual 935.6M USD, estimate 939.34M USD, surprise -0.40%, Miss. Q1 2026, reported Mar 4, 2026: actual 892.44M USD, estimate 900.79M USD, surprise -0.93%, Miss. Q2 2026, reported May 21, 2026: actual 854.03M USD, estimate 920.02M USD, surprise -7.17%, Miss. Q3 2026, reported Aug 20, 2026: actual 954.53M USD, estimate 954.81M USD, surprise -0.03%, Miss. Q4 2026, reported Nov 18, 2026: actual —, estimate 1.15B USD, surprise —, Comparison unavailable.

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