DoorDash
Q1 2023 Earnings Call
May 04, 2023, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Hello. My name is Jean Louis. Welcome to the DoorDash Q1 2023 earnings call. [Operator instructions] I will now turn the conference over to Andy Hargreaves.
Please go ahead.
Andy Hargreaves -- Vice President, Finance and Investor Relations
Thanks, Jean Louis. Good afternoon, everyone. And thanks for joining us for our first-quarter 2023 earnings call. I am very pleased to be joined today by co-founder, chair, and CEO, Tony Xu; and CFO, Ravi Inukonda.
We will be making forward-looking statements during today's call being our expectations for our business, financial position, operating performance, market, guidance, strategies, our investment approach, alignment with merchants and Dashers, and the consumer spending environment. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those described. Many of these uncertainties are described in our SEC filings, including our Form 10-Ks and 10-Qs. You should not rely on our forward-looking statements as predictions of future events.
We disclaim any obligation to update any forward-looking statements, except as required by law. During this call, we will discuss certain non-GAAP financial measures. Information regarding our non-GAAP financial measures, including a reconciliation of the non-GAAP measures to the most directly comparable GAAP measures may be found in our letters to shareholders, which is available on our Investor Relations website. These non-GAAP measures should be considered in addition to our GAAP results and are not intended to be a substitute for our GAAP results.
Finally, this call is being audio webcasted on our IR website. A replay of the call will be available on our website shortly after the call ends. Jean Louis, I will pass it back to you and we can take our first question.
Questions & Answers:
Operator
[Operator instructions] Your first question comes from the line of Ross Sandler. Please go ahead.
Ross Sandler -- Barclays -- Analyst
Hey, guys. Thanks for all the color. I guess I had two questions. The cohort data for new verticals looks great.
Just a clarification, so that shows subsequent purchase frequency, just in grocery and convenience and these folks are also purchasing for restaurant as well, is that correct? And are we at a point where we can maybe put a flag in the ground and talk about how much GOV or how many users are in things like grocery and convenience? And then the second question is, some of your peers have talked about linearity in the quarter getting a little stronger exiting the quarter compared to January because of pandemic effects? Is that also what you guys saw, just trying to reconcile that with the 2Q GOV guide? Thanks a lot.