Dingdong (Cayman) Limited (DDL) Revenue History
Annual and quarterly revenue from 2019 to present
DDL Revenue Over Time (2019–2025)
DDL Revenue Growth History
5 of 6 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- +192.2%
- FY2021 revenue growth
- +77.5%
- FY2022 revenue growth
- +20.4%
- FY2023 revenue growth
- -17.5%
- FY2024 revenue growth
- +15.5%
- FY2025 revenue growth
- +5.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $6.24B | +5.7% |
| Q2 2025 | $5.98B | +6.7% |
| Q1 2025 | $5.48B | +9.1% |
| Q4 2024 | $5.91B | +18.3% |
| Q3 2024 | $6.54B | +27.2% |
| Q2 2024 | $5.60B | +15.7% |
| Q1 2024 | $5.02B | +0.5% |
| Q4 2023 | $4.99B | -19.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
DDL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
DDL Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 24, 2026, Dingdong (Cayman) Limited (DDL) generated trailing twelve-month (TTM) revenue of $23.60 billion, reflecting solid growth of +5.7% year-over-year. The most recent quarter (Q4 2025) recorded $6.24 billion in revenue, up 4.5% sequentially.
Historical Growth Trajectory
DDL's 5-year compound annual growth rate (CAGR) stands at +16.5%, indicating consistent double-digit revenue growth. The 3-year CAGR of +0.2% is below the 5-year average, signalling a growth deceleration in recent years. Dingdong (Cayman) Limited's highest annual revenue of $24.36 billion was recorded in 2025, an all-time high.
Revenue by Segment
DDL's revenue is primarily driven by Product (99%), and Service (1%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including MNSO (+21.0% YoY), JD (+13.0% YoY), and PDD (+9.7% YoY) — DDL has underperformed the peer group in revenue growth. Compare DDL vs MNSO →
DDL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DDLCurrent | $23.6B | +5.7% | +16.5% | 0.5% | |
 MNSO | $20.9B | +21.0% | +18.1% | 14.6% | |
 JD | $1.31T | +13.0% | +11.9% | 0.2% | |
 PDD | $431.8B | +9.7% | +48.7% | 21.6% | |
 BABA | $1.02T | +2.7% | +7.4% | 5.8% | |
 CANG | $4.8B | +232.3% | +18.6% | -0.4% |
DDL Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $24.36B | +5.6% | $7.11B | 29.2% | $131.7M | 0.5% |
| 2024 | $23.07B | +15.5% | $6.95B | 30.1% | $214.6M | 0.9% |
| 2023 | $19.97B | -17.5% | $6.12B | 30.7% | $-130,122,000 | -0.7% |
| 2022 | $24.22B | +20.4% | $7.49B | 30.9% | $-799,726,000 | -3.3% |
| 2021 | $20.12B | +77.5% | $4.04B | 20.1% | $-6,330,020,000 | -31.5% |
| 2020 | $11.34B | +192.2% | $2.23B | 19.7% | $-3,159,487,000 | -27.9% |
| 2019 | $3.88B | - | $664.9M | 17.1% | $-1,741,335,000 | -44.9% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
DDL — Frequently Asked Questions
Quick answers to the most common questions about buying DDL stock.
Is DDL's revenue growth accelerating or slowing?
DDL revenue growth is holding steady at +5.7% year-over-year. TTM revenue is $23.6B. The current growth rate closely tracks the 5-year CAGR of +16.5%, signalling consistent execution.
What is DDL's revenue history from 2019 to 2026?
Dingdong (Cayman) Limited (DDL) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $23.6B, growing at +5.7% YoY. The 5-year CAGR is +16.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is DDL's long-term revenue growth rate (CAGR)?
Dingdong (Cayman) Limited's 5-year revenue CAGR of +16.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +5.7% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for DDL.
Why does DDL's quarterly revenue fluctuate?
DDL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Dingdong (Cayman) Limited's revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is DDL's revenue distributed by segment?
DDL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does DDL's revenue compare to industry peers?
Dingdong (Cayman) Limited (DDL) with TTM revenue of $23.6B and +5.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.