Looking back on gig economy stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including DoorDash (NASDAQ: DASH) and its peers.

The iPhone changed the world, ushering in the era of the “always-on” internet and “on-demand” services - anything someone could want is just a few taps away. Likewise, the gig economy sprang up in a similar fashion, with a proliferation of tech-enabled freelance labor marketplaces, which work hand and hand with many on demand services. Individuals can now work on demand too. What began with tech-enabled platforms that aggregated riders and drivers has expanded over the past decade to include food delivery, groceries, and now even a plumber or graphic designer are all just a few taps away.

The 6 gig economy stocks we track reported a mixed Q1. As a group, revenues were in line with analysts’ consensus estimates while next quarter’s revenue guidance was 0.6% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.5% since the latest earnings results.

DoorDash (NASDAQ: DASH)

Founded by Stanford students with the intent to build “the local, on-demand FedEx", DoorDash (NASDAQ: DASH) operates an on-demand food delivery platform.

DoorDash reported revenues of $4.04 billion, up 33.1% year on year. This print fell short of analysts’ expectations by 2.8%. Overall, it was a slower quarter for the company with a significant miss of analysts’ revenue estimates and EBITDA guidance for next quarter slightly missing analysts’ expectations.

DoorDash achieved the fastest revenue growth but had the weakest performance against analyst estimates of the whole group. The company reported 933 million service requests, up 27.5% year on year. Unsurprisingly, the stock is up 1.5% since reporting and currently trades at $170.51.

Is now the time to buy DoorDash? Access our full analysis of the earnings results here, it’s free.

Best Q1: Lyft (NASDAQ: LYFT)

Founded by Logan Green and John Zimmer as a long-distance intercity carpooling company Zimride, Lyft (NASDAQ: LYFT) operates a ridesharing network in the US and Canada.

Lyft reported revenues of $1.65 billion, up 13.8% year on year, outperforming analysts’ expectations by 1%. The business had a strong quarter with strong growth in its users and EBITDA guidance for next quarter topping analysts’ expectations.

Lyft achieved the biggest analyst estimate beat among its peers. The company reported 28.3 million users, up 16.9% year on year. However, the results were likely priced into the stock as it’s traded sideways since reporting. Shares currently sit at $14.27.

Is now the time to buy Lyft? Access our full analysis of the earnings results here, it’s free.

Uber (NYSE: UBER)

Notoriously funded with $7.7 billion from the Softbank Vision Fund, Uber (NYSE: UBER) operates a platform of on-demand services such as ride-hailing, food delivery, and freight.

Uber reported revenues of $13.2 billion, up 14.5% year on year, falling short of analysts’ expectations by 0.8%. It was a slower quarter as it posted a slight miss of analysts’ revenue estimates.

The stock is flat since the results and currently trades at $73.20.

Read our full analysis of Uber’s results here.

Fiverr (NYSE: FVRR)

Based in Tel Aviv, Fiverr (NYSE: FVRR) operates a fixed price global freelance marketplace for digital services.

Fiverr reported revenues of $105.5 million, down 1.6% year on year. This print surpassed analysts’ expectations by 1%. More broadly, it was a mixed quarter as it also logged a solid beat of analysts’ EBITDA estimates but a decline in its buyers.

Fiverr had the weakest full-year guidance update among its peers. The company reported 2.9 million active buyers, down 17.1% year on year. The stock is down 6.4% since reporting and currently trades at $9.70.

Read our full, actionable report on Fiverr here, it’s free.

Angi (NASDAQ: ANGI)

Created by IAC’s mergers of Angie’s List and HomeAdvisor, ANGI (NASDAQ: ANGI) operates the largest online marketplace for home services in the US.

Angi reported revenues of $238.2 million, down 3.2% year on year. This number came in 1% below analysts’ expectations. Taking a step back, it was a mixed quarter as it also recorded an impressive beat of analysts’ EBITDA estimates but a slight miss of analysts’ revenue estimates.

Angi had the slowest revenue growth among its peers. The stock is down 27.3% since reporting and currently trades at $5.39.

Read our full, actionable report on Angi here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

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