Dingdong (Cayman) (DDL) Gross Margin (2020 - 2025)

Dingdong (Cayman) has reported Gross Margin for 6 years, with the latest figure at 29.26% in Q4 2025.

• For the quarter ending Q4 2025, Gross Margin fell 95.0% year-over-year to 29.26%; the trailing twelve-month figure through Dec 2025 stood at 29.05% (down 106.0% YoY), and the FY2025 full-year result was 98.59%, down 138.0% from the prior year.
• Gross Margin for Q4 2025 stood at 29.26%, up from 28.7% in the prior quarter.
• The five-year high for Gross Margin was 32.88% in Q4 2022, with the low at 14.61% in Q2 2021.
• Average Gross Margin over 5 years is 28.11%, with a median of 29.91% recorded in 2025.
• Year-over-year, Gross Margin plunged 618 bps in 2021 and surged 1700 bps in 2022.
• Tracing DDL's Gross Margin over 5 years: stood at 27.7% in 2021, then rose by 19 bps to 32.88% in 2022, then fell by 7 bps to 30.55% in 2023, then retreated by 1 bps to 30.22% in 2024, then slipped by 3 bps to 29.26% in 2025.
• The last three Gross Margin figures came in at 29.26% (Q4 2025), 28.7% (Q3 2025), and 28.52% (Q2 2025), per Business Quant data.

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