What is Dingdong Cayman Ltd's earnings per share (EPS)?

Dingdong Cayman Ltd (DDL) reported diluted earnings per share of $0.09 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Dingdong Cayman Ltd Financials

DDL

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Dingdong Cayman Ltd (DDL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DDL FY2024 2026-04-24

Dingdong’s turnaround came from rebuilding operating economics and cash conversion, not from meaningfully bigger sales or heavier assets.

By FY2024, revenue had only returned to roughly its FY2021 level, yet operating margin turned positive at 0.9% after being deeply negative at -31.5%; that means the recovery came from reshaping the business model’s cost base, not from simple volume growth. Cash made the same turn, with free cash flow reaching $114M after a burn of nearly $1.0B, so accounting profit improvement was matched by real cash generation.

FY2024 required only $13.5M of capex against $127.3M of operating cash flow, which points to a light reinvestment burden once the business is at breakeven. That helps explain how operations could support a financing outflow of $236.2M while still ending the year with $121.6M of cash.

The balance sheet still looks thinly capitalized because retained losses remain large, but short-term liquidity finally moved into positive working-capital territory in FY2024. That improvement sits alongside total liabilities of $848.5M and equity of $109.4M, so the company is operating with a cushion again, just not a large one.

Financial Health Signals

Financial Profile 28/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Dingdong Cayman Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Dingdong Cayman Ltd has an operating margin of 0.5%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 23/100, suggesting thin profitability after operating expenses. This is down from 0.9% the prior year.

Growth

Dingdong Cayman Ltd's revenue grew 10.2% year-over-year to $3.5B, a solid pace of expansion. This earns a growth score of 52/100.

Leverage

Dingdong Cayman Ltd has elevated debt relative to equity (D/E of 5.61), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Dingdong Cayman Ltd's current ratio of 1.05 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Dingdong Cayman Ltd's free cash flow margin of 1.5% results in a low score of 29/100. Capital expenditures of $25.4M absorb a large share of operating cash flow.

Returns

Dingdong Cayman Ltd's ROE of 22.3% shows moderate profitability relative to equity, earning a score of 51/100. This is down from 38.1% the prior year.

Altman Z-Score Distress

1.35

Dingdong Cayman Ltd scores 1.35, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

5/9

Dingdong Cayman Ltd passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.31x

For every $1 of reported earnings, Dingdong Cayman Ltd generates $2.31 in operating cash flow ($76.6M OCF vs $33.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

7.8x

Dingdong Cayman Ltd earns $7.8 in operating income for every $1 of interest expense ($18.8M vs $2.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.5B

YoY+10.2%

Dingdong Cayman Ltd generated $3.5B in revenue in fiscal year 2025. This represents an increase of 10.2% from the prior year.

EBITDA

$32.8M

YoY-27.3%

Dingdong Cayman Ltd's EBITDA was $32.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 27.3% from the prior year.

Net Income

$33.1M

YoY-20.6%

Dingdong Cayman Ltd reported $33.1M in net income in fiscal year 2025. This represents a decrease of 20.6% from the prior year.

EPS (Diluted)

$0.09

Dingdong Cayman Ltd earned $0.09 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$51.2M

YoY-55.1%

Dingdong Cayman Ltd generated $51.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 55.1% from the prior year.

Cash & Debt

$158.3M

YoY+30.2%

Dingdong Cayman Ltd held $158.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

300M

Dingdong Cayman Ltd had 300M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

N/A

Operating Margin

0.5%

YoY-0.4pp

Dingdong Cayman Ltd's operating margin was 0.5% in fiscal year 2025, reflecting core business profitability. This is down 0.4 percentage points from the prior year.

Net Margin

0.9%

YoY-0.4pp

Dingdong Cayman Ltd's net profit margin was 0.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.

Return on Equity

22.3%

YoY-15.9pp

Dingdong Cayman Ltd's ROE was 22.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 15.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$25.4M

YoY+89.0%

Dingdong Cayman Ltd invested $25.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 89.0% from the prior year.

DDL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$3.5B+10.2%	$3.2B+12.3%	$2.8B-19.9%	$3.5B+11.2%	$3.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$11.7M	N/A	N/A	N/A	N/A
Operating Income	$18.8M-35.9%	$29.4M+260.4%	-$18.3M+83.4%	-$110.6M+88.9%	-$993.3M
Interest Expense	$2.4M-62.9%	$6.5M-53.5%	$13.9M-28.1%	$19.4M+45.1%	$13.4M
Income Tax	$1.3M-40.3%	$2.2M-19.7%	$2.7M+179.9%	$977K-33.6%	$1.5M
Net Income	$33.1M-20.6%	$41.7M+424.4%	-$12.9M+89.0%	-$117.0M+88.4%	-$1.0B
EPS (Diluted)	$0.09	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21
Revenue	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

DDL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$1.0B+2.9%	$975.1M-10.1%	$1.1B-20.3%	$1.4B-8.0%	$1.5B
Current Assets	$720.7M-1.9%	$735.0M-15.2%	$866.3M-20.3%	$1.1B+6.3%	$1.0B
Cash & Equivalents	$158.3M+30.2%	$121.6M-28.6%	$170.3M-36.7%	$269.1M+158.8%	$104.0M
Inventory	$81.6M+7.6%	$75.8M+14.1%	$66.5M-24.2%	$87.7M+4.0%	$84.3M
Accounts Receivable	$27.4M+59.1%	$17.2M+13.5%	$15.2M-25.9%	$20.5M-31.8%	$30.1M
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$835.1M-1.6%	$848.5M-16.3%	$1.0B-22.0%	$1.3B-4.4%	$1.4B
Current Liabilities	$685.6M-5.0%	$722.1M-21.2%	$916.3M-23.0%	$1.2B+3.2%	$1.2B
Long-Term Debt	N/A	N/A	N/A	$0	$0
Total Equity	$148.8M+36.0%	$109.4M+103.1%	$53.9M+19.8%	$45.0M-60.6%	$114.3M
Retained Earnings	-$1.9B-2.7%	-$1.8B+4.8%	-$1.9B+2.1%	-$2.0B+1.7%	-$2.0B

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21
Total Assets	$1.0B+2.9%	$975.1M-10.1%	$1.1B-20.3%	$1.4B-8.0%	$1.5B
Current Assets	$720.7M-1.9%	$735.0M-15.2%	$866.3M-20.3%	$1.1B+6.3%	$1.0B
Cash & Equivalents	$158.3M+30.2%	$121.6M-28.6%	$170.3M-36.7%	$269.1M+158.8%	$104.0M
Inventory	$81.6M+7.6%	$75.8M+14.1%	$66.5M-24.2%	$87.7M+4.0%	$84.3M
Accounts Receivable	$27.4M+59.1%	$17.2M+13.5%	$15.2M-25.9%	$20.5M-31.8%	$30.1M
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$835.1M-1.6%	$848.5M-16.3%	$1.0B-22.0%	$1.3B-4.4%	$1.4B
Current Liabilities	$685.6M-5.0%	$722.1M-21.2%	$916.3M-23.0%	$1.2B+3.2%	$1.2B
Long-Term Debt	N/A	N/A	N/A	$0	$0
Total Equity	$148.8M+36.0%	$109.4M+103.1%	$53.9M+19.8%	$45.0M-60.6%	$114.3M
Retained Earnings	-$1.9B-2.7%	-$1.8B+4.8%	-$1.9B+2.1%	-$2.0B+1.7%	-$2.0B

DDL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$76.6M-39.8%	$127.3M+485.2%	-$33.0M-360.9%	$12.7M+101.4%	-$889.2M
Capital Expenditures	$25.4M+89.0%	$13.4M+14.6%	$11.7M-36.2%	$18.4M-74.0%	$70.9M
Free Cash Flow	$51.2M-55.1%	$113.8M+354.2%	-$44.8M-681.5%	-$5.7M+99.4%	-$960.1M
Investing Cash Flow	$61.4M-5.7%	$65.1M-10.9%	$73.1M+1170.5%	-$6.8M+98.9%	-$637.9M
Financing Cash Flow	-$106.3M+55.0%	-$236.2M-79.5%	-$131.6M-181.6%	$161.3M-88.6%	$1.4B
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

DDL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	0.5%-0.4pp	0.9%+1.6pp	-0.7%+2.5pp	-3.1%+28.3pp	-31.5%
Net Margin	0.9%-0.4pp	1.3%+1.8pp	-0.5%+2.9pp	-3.3%+28.6pp	-31.9%
Return on Equity	22.3%-15.9pp	38.1%+62.0pp	-23.9%+236.3pp	-260.1%+622.9pp	-883.0%
Return on Assets	3.3%-1.0pp	4.3%+5.5pp	-1.2%+7.4pp	-8.6%+59.7pp	-68.3%
Current Ratio	1.05+0.0	1.02+0.1	0.95+0.0	0.91+0.0	0.89
Debt-to-Equity	5.61-2.1	7.76-11.1	18.82+18.8	0.000.0	0.00
FCF Margin	1.5%-2.1pp	3.6%+5.2pp	-1.6%-1.4pp	-0.2%+30.3pp	-30.4%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.05+0.0	1.02+0.1	0.95+0.0	0.91+0.0	0.89
Debt-to-Equity	5.61-2.1	7.76-11.1	18.82+18.8	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Dingdong Cayman Ltd's annual revenue?

Dingdong Cayman Ltd (DDL) reported $3.5B in total revenue for fiscal year 2025. This represents a 10.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Dingdong Cayman Ltd's revenue growing?

Dingdong Cayman Ltd (DDL) revenue grew by 10.2% year-over-year, from $3.2B to $3.5B in fiscal year 2025.

Is Dingdong Cayman Ltd profitable?

Yes, Dingdong Cayman Ltd (DDL) reported a net income of $33.1M in fiscal year 2025, with a net profit margin of 0.9%.

What is Dingdong Cayman Ltd's EBITDA?

Dingdong Cayman Ltd (DDL) had EBITDA of $32.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Dingdong Cayman Ltd's operating margin?

Dingdong Cayman Ltd (DDL) had an operating margin of 0.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Dingdong Cayman Ltd's net profit margin?

Dingdong Cayman Ltd (DDL) had a net profit margin of 0.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Dingdong Cayman Ltd's return on equity (ROE)?

Dingdong Cayman Ltd (DDL) has a return on equity of 22.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Dingdong Cayman Ltd's free cash flow?

Dingdong Cayman Ltd (DDL) generated $51.2M in free cash flow during fiscal year 2025. This represents a -55.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Dingdong Cayman Ltd's operating cash flow?

Dingdong Cayman Ltd (DDL) generated $76.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Dingdong Cayman Ltd's total assets?

Dingdong Cayman Ltd (DDL) had $1.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Dingdong Cayman Ltd's capital expenditures?

Dingdong Cayman Ltd (DDL) invested $25.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Dingdong Cayman Ltd have outstanding?

Dingdong Cayman Ltd (DDL) had 300M shares outstanding as of fiscal year 2025.

What is Dingdong Cayman Ltd's current ratio?

Dingdong Cayman Ltd (DDL) had a current ratio of 1.05 as of fiscal year 2025, which is considered adequate.

What is Dingdong Cayman Ltd's debt-to-equity ratio?

Dingdong Cayman Ltd (DDL) had a debt-to-equity ratio of 5.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dingdong Cayman Ltd's return on assets (ROA)?

Dingdong Cayman Ltd (DDL) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Dingdong Cayman Ltd's Altman Z-Score?

Dingdong Cayman Ltd (DDL) has an Altman Z-Score of 1.35, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Dingdong Cayman Ltd's Piotroski F-Score?

Dingdong Cayman Ltd (DDL) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dingdong Cayman Ltd's earnings high quality?

Dingdong Cayman Ltd (DDL) has an earnings quality ratio of 2.31x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dingdong Cayman Ltd cover its interest payments?

Dingdong Cayman Ltd (DDL) has an interest coverage ratio of 7.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Dingdong Cayman Ltd?

Dingdong Cayman Ltd (DDL) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.