UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of ~~August~~November 2025

Commission File Number: 001-40533

Dingdong (Cayman) Limited

Building T4, Zhangjiang Science Gate,

Lane 188 Yuren Road

Shanghai, 200120

People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x                  Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Exhibit Index

Exhibit No.		Description
Exhibit 99.1		Dingdong (Cayman) Limited Announces ~~Second~~Third Quarter 2025 Financial Results

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	Dingdong (Cayman) Limited

	By:	/s/ Changlin Liang

	Name:	Changlin Liang
	Title:	Director and Chief Executive Officer

Date: ~~August~~November 2213, 2025

Exhibit 99.1

Dingdong (Cayman) Limited Announces ~~Second~~Third Quarter 2025 Financial Results

SHANGHAI, ~~August~~November 2112, 2025 — Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter ended ~~June~~September 30, 2025.

~~Second~~Third Quarter 2025 Highlights:

• GMV for the ~~second~~third quarter of 2025 increased by 40.51% year over year to ~~RMB6~~RMB7,~~499~~273.42 million (US$~~907~~1,021.37 million) from ~~RMB6~~RMB7,~~218~~267.70 million in the same quarter of 2024, positive year-on-year growth for ~~six~~seven straight quarters. • ~~Total~~Revenue ~~number~~for the third quarter of ~~orders~~2025 increased by 51.59% year over year to RMB6,662.4 million (US$935.9 million) from RMB6,538.2 million in the ~~second~~same quarter of ~~2025.~~2024, •positive ~~Net~~year-on-year ~~income~~growth for ~~the~~seven ~~second~~straight ~~quarter~~quarters. • Total number of ~~2025~~orders increased by 592.72% year over year toin ~~RMB107.2~~the ~~million~~third ~~(US$15.0~~quarter ~~million)~~of ~~from RMB67~~2025.1 ~~million~~• inNet income for the ~~same~~third quarter of ~~2024~~2025 was RMB82.9 million (US$11.6 million), the ~~sixth~~seventh consecutive quarter of profitability. • Non-GAAP net income for the ~~second~~third quarter of 2025 ~~increased~~was ~~by 23~~RMB101.9%3 ~~year over year to RMB127.8~~ million (US$1714.82 million) ~~from RMB103.1 million in the same quarter of 2024~~, the ~~eleventh~~twelfth consecutive quarter of non-GAAP profitability.

Mr. Changlin Liang, Founder and Chief Executive Officer of Dingdong, stated, “As of the ~~second~~third quarter of 2025, Dingdong has ~~achieved~~maintained ~~eleven~~profitability ~~straight~~under ~~quarters of~~ non-GAAP ~~profitability~~standards ~~and~~for ~~six~~twelve ~~straight~~consecutive quarters ofand under GAAP ~~profitability,~~standards ~~along~~for ~~with~~seven ~~six~~ consecutive quarters. ofDespite ~~positive~~a ~~year-over-year~~higher ~~revenue~~baseline ~~growth.~~compared ~~This~~to ~~consistent~~the ~~growth~~same inperiod ~~scale~~last ~~and~~year, ~~profitability~~revenue ~~not~~has ~~only~~achieved ~~shows~~year-over-year ~~that~~growth, wewhich ~~have~~marks ~~overcome~~ the ~~challenge~~seventh ofstraight ~~survival~~quarters. ~~but~~This ~~also~~sustained ~~proves~~expansion ~~the resilience~~ and ~~execution~~steady ~~capabilities~~achievement of ~~the~~profit targets fully demonstrate Dingdong's ~~team,~~strategic ~~laying~~resilience aand ~~strong~~execution ~~foundation~~excellence ~~for~~amid the ~~next~~current ~~phase~~complex ofmarket ~~higher-quality~~and ~~growth.~~competitive Bylandscape, ~~the~~providing ~~end~~strong ofmomentum ~~the~~for ~~second~~advancing ~~quarter,~~our ~~Dingdong's~~long-term 4G strategy~~—centered~~. Building on the "~~good~~One ~~users~~Big, ~~good~~One ~~products~~Small, ~~good~~One ~~service,~~World" ~~and~~framework ~~good~~introduced ~~mindshare”—had been~~ in ~~place for six months. While~~ the ~~Company~~third ~~is still transforming~~quarter, itand ~~has~~leveraging ~~achieved~~our ~~steady~~strengths ~~year-over-year~~in ~~growth.~~supply ~~Additionally~~chain, ~~through~~product ~~adjustments~~development, ~~in production relations~~ and ~~productivity~~IT ~~improvements,~~systems ~~the~~bolstered 4Gby ~~strategy~~sustained ~~has~~profitability ~~already~~and ~~begun~~solid tocash ~~show~~reserves, ~~results.~~Dingdong ~~The~~is ~~Company~~confident ~~remains~~in ~~focused~~forging ona ~~developing high-quality products~~unique, ~~aiming to create more offerings that are well~~quality-~~received~~focused, ~~commercially successful~~efficient, and ~~distinctive.~~resilient ~~Our~~growth ~~principle~~path isthrough ~~“Where~~intense ~~others~~competition—and ~~fall~~in ~~short,~~maintaining welast ~~deliver.~~year's ~~Where~~scale ~~others~~and ~~deliver,~~non-GAAP weprofitability ~~excel.~~in ~~Where others excel, we redefine.” Operational metrics aligned with~~ the 4Gfourth ~~strategy continue to improve steadily~~quarter.”

Mr. Song Wang, Chief Financial Officer of Dingdong, stated, “In the ~~second~~third quarter of 2025, Dingdong ~~generated~~reported revenue of ~~RMB5~~RMB6.9866 billion, marking a 61.79% year-on-year ~~increase,~~growth ~~marking~~and ~~six~~maintaining ~~consecutive~~positive ~~quarters~~growth offor ~~positive~~seven ~~growth~~straight quarters. Non-GAAP net profit reached ~~RMB127~~RMB0.81 ~~million,~~billion with a ~~net margin of 2.~~1.5%, upnet ~~0.3~~profit ~~percentage~~margin, ~~points~~while ~~year-on-year.~~ GAAP net profit was ~~RMB107~~RMB0.208 ~~million,~~billion with a ~~net margin of~~ 1.82%, ~~an increase of 0~~margin.6 ~~percentage~~We ~~points.~~had ~~In terms of funds, the second quarter recorded a~~ net operating cash inflow of ~~RMB101~~RMB0.414 ~~million~~billion ~~from~~in ~~operating~~the ~~activities~~third quarter of 2025, the ~~eighth~~ninth ~~straight~~consecutive quarter of positive cash flow. By the end of the ~~second~~third quarter, after deducting short-term borrowings, our actual cash owned increased to ~~RMB2~~RMB3.9503 billion. Dingdong has been focused on the instant retail and fresh grocery e-commerce sectors for over eight years. Our ongoing profitability and rising cash flow reinforce our commitment to the value proposition "narrow and deep." Despite external changes, we will remain fully dedicated to the fresh grocery vertical, investing continuously in high-quality products and supply chains, following our unique path.”

~~Second~~Third Quarter 2025 Financial Results

Total revenues were ~~RMB5~~RMB6,~~975~~662.94 million (US$~~834~~935.29 million) compared with total revenues of ~~RMB5~~RMB6,~~599~~538.02 million in the same quarter of 2024, increased by 61.79% year over year, primarily due to the rise of number of orders resulting from rise in the average monthly number of transacting users and higher monthly order frequency, and new opened frontline fulfillment stations with density and market penetration improved in East China. The increase was offset by ~~suspension~~the impact of ~~operations~~the ~~for~~price adecline ~~number~~in ofCPI ~~stations~~for incertain ~~the~~major ~~last~~categories ~~three~~in ~~quarters~~our ofbusiness, ~~2024~~such as pork, eggs and vegetables, in the ~~impact~~third quarter of ~~the~~2025 ~~decline~~and insuspension ~~CPI~~of ~~prices~~operations offor ~~certain~~a ~~categories~~number of stations in the ~~second~~third quarter of ~~2025~~2024.

• Product Revenues were ~~RMB5~~RMB6,~~893~~573.71 million (US$~~822~~923.73 million) compared with product revenues of ~~RMB5~~RMB6,~~517~~458.94 million in the same quarter of 2024, increased by 61.8% year over year.


•		Service Revenues were RMB89.3 million (US$12.5 million) compared with service revenues of RMB79.8 million in the same quarter of 2024, increased by 11.9% year over year.

Exhibit 99.1

•Total ~~Service~~operating ~~Revenues~~costs and expenses were ~~RMB82~~RMB6,621.16 million (US$11930.51 million) compared with ~~service revenues of RMB81~~RMB6,438.15 million in the same quarter of 2024, ~~increased~~with bya ~~1.3%~~detailed ~~year~~breakdown ~~over~~as ~~year.~~below:

~~Total~~• ~~operating~~Cost ~~costs~~of ~~and~~goods ~~expenses~~sold ~~were~~was ~~RMB5~~RMB4,~~980~~739.18 million (US$~~834~~665.8 million), ~~compared~~an ~~with~~increase ~~RMB5~~of 3.2% from RMB4,~~612~~591.84 million in the same quarter of 2024,. ~~with~~Cost aof ~~detailed~~goods ~~breakdown~~sold as ~~below:~~a percentage of revenues increased to 71.1% from 70.2% in the same quarter of 2024. Gross margin decreased to 28.9% from 29.8% in the same quarter of 2024. The cost implications arising from product listing and delisting due to the implementation of 4G strategy of "good users, good products, good services, and good mindshare".

• ~~Cost~~Fulfillment ofexpenses ~~goods~~were ~~sold was RMB4~~RMB1,~~255~~430.26 million (US$~~594~~201.0 million), an increase of 82.63% from ~~RMB3~~RMB1,~~919~~397.48 million in the same quarter of 2024. ~~Cost~~Fulfillment ofexpenses ~~goods sold~~ as a percentage of total revenues slightly increased to 7121.25% from 7021.04% in the same quarter of 2024. Gross margin decreased to 28.8% from 30.0% in the same quarter of 2024. The cost implications arising from product listing and delisting due to the implementation of 4G strategy of "good users, good products, good services, and good mindshare".

• ~~Fulfillment~~Sales and marketing expenses were ~~RMB1,297~~RMB127.37 million (US$~~181~~17.19 million), ana ~~increase~~decrease of 311.59% from ~~RMB1,252~~RMB144.9 million in the same quarter of 2024. ~~Fulfillment~~Sales and marketing expenses as a percentage of total revenues decreased to 211.79% from 222.42% in the same quarter of 2024. The traffic and promotional effects generated by the “Good Products” and “Hero Products” Strategy have replaced some of the original marketing campaigns, thereby saving corresponding expenses.

• ~~Sales~~General and ~~marketing~~administrative expenses were ~~RMB102~~RMB120.91 million (US$1416.49 million), aan ~~decrease~~increase of 2017.67% from ~~RMB129~~RMB102.70 million in the same quarter of 2024., ~~Sales~~mainly ~~and~~driven ~~marketing~~by ~~expenses~~staff ascosts, aspecifically ~~percentage of total revenues decreased to 1.7%~~ from ~~2.3% in~~ the ~~same~~new ~~quarter~~"Dong ofLi ~~2024.~~Sheng" ~~The~~management ~~traffic and promotional effects generated by the Good Products Strategy have replaced some of the original marketing campaigns, thereby saving corresponding expenses~~trainees.

• ~~General~~Product ~~and~~development ~~administrative~~ expenses were ~~RMB122~~RMB203.94 million (US$1728.26 million), ana slight increase of 130.65% from ~~RMB108~~RMB202.24 million in the same quarter of 2024. While advocating for energy and resource saving, ~~mainly~~we ~~due~~will continue to invest in our product development capabilities, agricultural technology, data algorithms, and other technology infrastructure such as the ~~increase~~AI oftechnical ~~staff~~capability, ~~cost~~to further enhance our competitiveness.

•Net ~~Product~~income ~~development~~from ~~expenses~~operations ~~were~~was ~~RMB201~~RMB59.83 million (US$288.23 million), acompared ~~slightly~~with ~~decrease~~net ofincome ~~0.4%~~ from ~~RMB202~~operations of RMB110.75 million in the same quarter of 2024. While advocating for energy and resource saving, we will continue to invest in our product development capabilities, agricultural technology, data algorithms, and other technology infrastructure such as the AI technical capability, to further enhance our competitiveness.

~~Net~~Non-GAAP income from operations, which is a non-GAAP measure for loss from operations that excludes share-based compensation expenses, was ~~RMB81~~RMB77.67 million (US$1110.49 million), compared with ~~net~~Non-GAAP income from operations of ~~RMB53~~RMB138.68 million in the same quarter of 2024.

~~Non-GAAP~~Net income ~~from operations, which is a non-GAAP measure for loss from operations that excludes share-based compensation expenses,~~ was ~~RMB102~~RMB82.29 million (US$1411.36 million), ~~increased by 14.1% year over year,~~ compared with ~~Non-GAAP~~net income ~~from operations~~ of ~~RMB89~~RMB133.64 million in the same quarter of 2024.

~~Net~~Non-GAAP net income, which is a non-GAAP measure that excludes share-based compensation expenses, was ~~RMB107~~RMB101.23 million (US$1514.02 million), compared with non-GAAP net income of ~~RMB67~~RMB161.16 million in the same quarter of 2024. In addition, non-GAAP net income margin, which is the Company’s non-GAAP net income as a percentage of total revenues, was 1.5% compared with 2.5% in the same quarter of 2024.

~~Non-GAAP~~Basic and diluted net income, ~~which~~per ~~is a non-GAAP measure that excludes~~ share~~-based~~ ~~compensation~~were ~~expenses, was RMB127~~RMB0.825 ~~million~~ (US$170.~~8 million~~04), ~~increased~~and ~~by 23~~RMB0.9%24 ~~year over year~~(US$0.03), compared with ~~non-GAAP~~ net income per share of ~~RMB103~~RMB0.140 ~~million~~ in the same quarter of 2024. ~~In addition, non~~Non-GAAP net income ~~margin~~per share, ~~which~~basic isand ~~the~~diluted, ~~Company’s~~were ~~non-GAAP~~RMB0.31 ~~net~~(US$0.05) ~~income~~and asRMB0.29 ~~a percentage of total revenues~~(US$0.04), ~~was 2.1%~~ compared with 1RMB0.8%49 in the same quarter of 2024.

~~Basic~~Cash and ~~diluted~~cash ~~net~~equivalents, ~~income~~restricted ~~per~~cash ~~share~~and ~~were~~short-term ~~RMB0.32~~investments ~~and~~were ~~RMB0~~RMB3,908.312 million (US$0549.040 million) as of September 30, 2025, compared with ~~net~~RMB3,974.2 ~~income~~million ~~per~~as ~~share~~ of ~~RMB0~~June 30, 2025.20 inWe ~~the~~have ~~same~~been ~~quarter~~working ofdiligently ~~2024~~to optimize our capital usage and financing structure. ~~Non-GAAP~~The ~~net~~cash ~~income~~and ~~per~~cash ~~share~~equivalents, ~~basic~~restricted cash, short-term investments and ~~diluted~~long-term deposits as included in the other non-current assets deducting the balance of short-term borrowings, ~~were~~is ~~RMB0~~RMB3.3903 ~~and~~billion, ~~RMB0.37~~a ~~(US$0.05)~~net increase for the ninth consecutive quarter, compared with ~~RMB0~~RMB2.3195 inbillion ~~the~~as ~~same~~of ~~quarter~~June of30, ~~2024~~2025.

Cash and cash equivalents, restricted cash and short-term investments were RMB3,974.2 million (US$554.8 million) as of June 30, 2025, compared with RMB4,294.5 million as of March 31, 2025. We have been working diligently to optimize our capital usage and financing structure. The cash and cash equivalents, restricted cash, short-term investments and long-term deposits as included in the other non-current assets deducting the balance of short-term borrowings, is RMB2.95 billion, a net increase for the eighth consecutive quarter, compared with RMB2.89 billion as of March 31, 2025.

Exhibit 99.1

Guidance

~~The~~Exhibit ~~Company is looking to maintain scale year-over-year and achieve non-GAAP profits in the third quarter of 2025~~99.1

The Company is looking to maintain scale year-over-year and achieve non-GAAP profits in the fourth quarter of 2025.

Conference Call

The Company’s management will hold an earnings conference call at 87:00 A.M. Eastern Time on ~~Thursday~~Wednesday, ~~August~~November 2112, 2025 (8:00 P.M. Beijing Time on the same day) to discuss the financial results. The presentation and question and answer session will be presented in both Mandarin and English. Listeners may access the call by dialing the following numbers:

International:			1-412-317-6061
United States Toll Free:			1-888-317-6003
Mainland China Toll Free:			86-4001-206115
Hong Kong Toll Free:			800-963976
Conference ID:			~~0358096~~0792686

The replay will be accessible through ~~August~~November 2819, 2025 by dialing the following numbers:

International:	1-412-317-0088	~~1-412-317-0088~~
United States:	1-855-669-9658	~~1-877-344-7529~~
Access Code:	5791678	~~5040747~~

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.100.me.

About Dingdong (Cayman) Limited

We are a leading fresh grocery e-commerce company in mainland China, with sustainable long-term growth. We directly provide users and households with fresh groceries, prepared food, and other food products through delivering a convenient and excellent shopping experience supported by an extensive self-operated frontline fulfillment grid. Leveraging our deep insights into consumers' evolving needs and our strong food innovation capabilities, we have successfully launched a series of private label products spanning a variety of food categories. Many of our private label products are produced at our Dingdong production plants, allowing us to more efficiently produce and offer safe and high-quality food products. We aim to be the first choice for fresh and food shopping.

For more information, please visit: https://ir.100.me.

Use of Non-GAAP Financial Measures

The Company uses non-GAAP measures, such as non-GAAP net income, non-GAAP net income margin, non-GAAP net income attributable to ordinary shareholders and non-GAAP net income per share, basic and diluted, in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that the non-GAAP financial measures help identify underlying trends in its business by excluding the impact of share-based compensation expenses, which are non-cash charges and do not correlate to any operating activity trends. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, cash flows or liquidity, investors should not consider them in isolation, or as a substitute for net loss, cash flows provided by operating activities or other consolidated statements of operations and cash flows

Exhibit 99.1

operating performance, cash flows or liquidity, investors should not consider them in isolation, or as a substitute for net loss, cash flows provided by operating activities or other consolidated statements of operations and cash flows data prepared in accordance with U.S. GAAP. The Company’s definition of non-GAAP financial measures may differ from those of industry peers and may not be comparable with their non-GAAP financial measures.

The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.

For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliation of GAAP and Non-GAAP Results” set forth at the end of this announcement.

Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB7.~~1636~~1190 to US$1.00, the exchange rate on ~~June~~September 30, 2025 set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, business outlook and quotations from management in this announcement, as well as Dingdong’s strategic and operational plans, contain forward-looking statements. Dingdong may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Dingdong’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Dingdong’s goals and strategies; Dingdong’s future business development, financial conditions, and results of operations; the expected outlook of the fresh grocery ecommerce market in China; Dingdong’s expectations regarding demand for and market acceptance of its products and services; Dingdong’s expectations regarding its relationships with its users, clients, business partners, and other stakeholders; competition in Dingdong’s industry; and relevant government policies and regulations relating to Dingdong’s industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law.

For investor inquiries, please contact:

Dingdong Fresh

ir@100.me

Exhibit 99.1

DINGDONG (CAYMAN) LIMITED

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(Amounts in thousands of RMB and US$)

	As of
	December 31, 2024	~~June~~September 30, 2025	~~June~~September 30, 2025
	RMB	RMB	US$
		(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents	887,427	~~926~~832,~~209~~307	~~129~~116,~~294~~913
Restricted cash	2,788	~~1,630~~612	~~228~~86
Short-term investments	3,561,977	3,~~046~~075,~~326~~305	~~425~~431,~~251~~986
Accounts receivable, net	125,896	~~136~~177,~~912~~976	1925,~~112~~000
Inventories, net	553,601	~~504~~590,~~934~~974	7083,~~486~~014
Advance to suppliers	62,730	96143,~~275~~999	1320,~~439~~227
Prepayments and other current assets	170,753	~~193~~156,~~875~~453	2721,~~064~~977
Total current assets	5,365,172	4,~~906~~977,~~161~~626	~~684~~699,~~874~~203
Non-current assets:
Property and equipment, net	176,290	~~196~~220,~~384~~367	2730,~~414~~955
Operating lease right-of-use assets	1,464,791	1,~~509~~598,~~628~~004	~~210~~224,~~736~~470
Other non-current assets	111,395	~~145~~150,~~938~~397	2021,~~372~~126
Total non-current assets	1,752,476	1,~~851~~968,~~950~~768	~~258~~276,~~522~~551
TOTAL ASSETS	7,117,648	6,~~758~~946,~~111~~394	~~943~~975,~~396~~754
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable	1,660,472	1,~~782~~884,~~194~~339	~~248~~264,~~784~~691
Customer advances and deferred revenue	279,276	~~249~~272,~~154~~048	3438,~~781~~214
Accrued expenses and other current liabilities	767,~~082~~080	~~755~~759,~~559~~988	~~105~~106,~~472~~755
Salary and welfare payable	317,152	~~218~~250,~~035~~560	3035,~~437~~196
Operating lease liabilities, current	640,245	~~667~~651,~~992~~863	9391,~~248~~567
Short-term borrowings	1,606,253	1916,~~061,954~~154	~~148~~128,~~243~~691
Total current liabilities	5,270,~~480~~478	4,734,~~888~~952	~~660~~665,~~965~~114
Non-current liabilities:
Operating lease liabilities, non-current	780,036	~~805~~907,~~058~~421	~~112~~127,~~382~~465
Other non-current liabilities	143,118	~~145~~146,~~122~~347	20,~~258~~557
Total non-current liabilities	923,154	~~950~~1,~~180~~053,768	~~132~~148,~~640~~022
TOTAL LIABILITIES	6,193,632	5,788,720	813,136

Exhibit 99.1

TOTAL LIABILITIES 6,193,634 5,685,068 793,605

DINGDONG (CAYMAN) LIMITED

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)

(Amounts in thousands of RMB and US$)

	As of
	December 31, 2024		~~June~~September 30, 2025		~~June~~September 30, 2025
	RMB		RMB		US$
			(Unaudited)
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY (CONTINUED)
Mezzanine Equity:
Redeemable noncontrolling interests	125,~~403~~405		~~130~~132,~~282~~834		18,~~187~~659
TOTAL MEZZANINE EQUITY	125,~~403~~405		~~130~~132,~~282~~834		18,~~187~~659
Shareholders' equity:
Ordinary shares	4		4		1
Additional paid-in capital	14,181,030		14,~~224~~242,~~126~~496		12,~~985~~000,~~610~~632
Treasury stock	(51,176	)	(51,176	)	(7,~~144~~189	)
Accumulated deficit	(13,384,881	)	(13,~~274~~194,~~555~~215	)	(1,853,~~056~~380	)
Accumulated other comprehensive income	53,634		4427,~~362~~731		63,~~193~~895
TOTAL SHAREHOLDERS' EQUITY	798,611		~~942~~1,~~761~~024,840		~~131~~143,~~604~~959
TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY	7,117,648		6,~~758~~946,~~111~~394		~~943~~975,~~396~~754

Exhibit 99.1

DINGDONG (CAYMAN) LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE ~~(LOSS)/~~INCOME

(Amounts in thousands of RMB and US$, except for number of shares and per share data)

	For the three months endedJune 30,
	For the three months endedSeptember 30,
	2024		2025		2025
	RMB		RMB		US$
	(Unaudited)
Revenues:
Product revenues	56,~~517~~458,~~850~~447		56,~~893~~573,~~728~~085		~~822~~923,~~733~~316
Service revenues	8179,~~103~~788		8289,~~141~~311		1112,~~466~~545
Total revenues	56,~~598~~538,~~953~~235		56,~~975~~662,~~869~~396		~~834~~935,~~199~~861
Operating costs and expenses:
Cost of goods sold	(34,~~919~~591,~~445~~429	)	(4,~~255~~739,~~182~~839	)	(~~594~~665,~~001~~801	)
Fulfillment expenses	(1,~~252~~397,~~859~~785	)	(1,~~297~~430,~~277~~605	)	(~~181~~200,~~093~~956	)
Sales and marketing expenses	(~~129~~144,~~659~~868	)	(~~102~~127,~~917~~669	)	(1417,~~367~~934	)
Product development expenses	(202,~~663~~412	)	(~~201~~203,~~822~~447	)	(28,~~173~~578	)
General and administrative expenses	(~~108~~101,~~165~~988	)	(~~122~~120,~~906~~074	)	(1716,~~157~~867	)
Total operating costs and expenses	(56,~~612~~438,~~791~~482	)	(56,~~980~~621,~~104~~634	)	(~~834~~930,~~791~~136	)
Other operating income, net	6710,~~438~~796		8518,~~870~~540		112,~~987~~605
Income from operations	53110,~~600~~549		8159,~~635~~302		118,~~395~~330
Interest income	3738,~~807~~446		3329,~~393~~694		4,~~663~~171
Interest expenses	(149,~~023~~650	)	(43,~~820~~168	)	(~~673~~445	)
Other (loss)/income, net	(2,844	)	783		109
Other loss, net	(2,865	)	(1,119	)	(157	)
Income before income tax	74136,~~540~~480		~~110~~84,~~991~~709		1511,~~494~~899
Income tax expenses	(73,~~414~~074	)	(31,~~804~~816	)	(~~531~~255	)
Net income	67133,~~126~~406		~~107~~82,~~187~~893		1411,~~963~~644
Accretion of redeemable noncontrolling interests	(2,~~292~~363	)	(2,~~476~~552	)	(~~346~~358	)
Net income attributable to ordinary shareholders	64131,~~834~~043		~~104~~80,~~711~~341		1411,~~617~~286

Exhibit 99.1

DINGDONG (CAYMAN) LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE ~~(LOSS)/~~INCOME (CONTINUED)

(Amounts in thousands of RMB and US$, except for number of shares and per share data)

	For the three months endedJune 30,
	For the three months endedSeptember 30,
	2024		2025		2025
	RMB		RMB		US$
	(Unaudited)
Net income per Class A and Class B ordinary share:
Basic	0.2040		0.3225		0.04
Diluted	0.2040		0.3124		0.0403
Shares used in net income per Class A and Class B ordinary share computation:
Basic	~~325~~324,~~430~~194,~~984~~950		~~324~~325,~~632~~019,~~496~~667		~~324~~325,~~632~~019,~~496~~667
Diluted	~~329~~330,~~814~~928,~~651~~010		~~335~~339,~~355~~885,~~966~~461		~~335~~339,~~355~~885,~~966~~461
Other comprehensive income/(loss), net of tax of nil:
Other comprehensive loss, net of tax of nil:
Foreign currency translation adjustments	9(36,~~441~~009	)	(616,~~141~~631	)	(~~857~~2,336	)
Comprehensive income	7697,~~567~~397		~~101~~66,~~046~~262		149,~~106~~308
Accretion of redeemable noncontrolling interests	(2,~~292~~363	)	(2,~~476~~552	)	(~~346~~358	)
Comprehensive income attributable to ordinary shareholders	7495,~~275~~034		9863,~~570~~710		138,~~760~~950

Exhibit 99.1

DINGDONG (CAYMAN) LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Amounts in thousands of RMB and US$)

	For the three months endedJune 30,
	For the three months endedSeptember 30,
	2024		2025		2025
	RMB		RMB		US$
	(Unaudited)
Net cash generated from operating activities	~~245~~397,~~738~~639		~~101~~144,~~401~~411		1420,~~155~~284
Net cash generated from/ (used in) investing activities	278,839		(46,026	)	(6,425	)
Net cash used in investing activities	(352,490	)	(91,582	)	(12,864	)
Net cash used in financing activities	(~~592~~200,~~905~~107	)	(~~344~~145,~~390~~799	)	(4820,~~075~~480	)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(12,~~479~~267	)	(~~140~~1,949	)	(19274	)
Net decrease in cash and cash equivalents and restricted cash	(69157,~~807~~225	)	(~~289~~94,~~155~~919	)	(4013,~~364~~334	)
Cash and cash equivalents and restricted cash at the beginning of the period	1,~~131~~061,~~474~~667		1927,~~216,994~~838		~~169~~130,~~886~~333
Cash and cash equivalents and restricted cash at the end of the period	1904,~~061,667~~442		~~927~~832,~~839~~919		~~129~~116,~~522~~999

Exhibit 99.1

DINGDONG (CAYMAN) LIMITED

UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(Amounts in thousands of RMB and US$, except for number of shares and per share data)

	For the three months endedJune 30,
	For the three months endedSeptember 30,
	2024	2025	2025
	RMB	RMB	US$
	(Unaudited)
Income from operations	53110,~~600~~549	8159,~~635~~302	118,~~395~~330
Add: share-based compensation expenses (1)	3628,~~001~~210	2018,~~583~~369	2,~~873~~580
Non-GAAP income from operations	89138,~~601~~759	~~102~~77,~~218~~671	1410,~~268~~910
Operating margin	1.06%	10.49%	10.49%
Add: share-based compensation expenses	0.65%	0.3%	0.3%
Non-GAAP operating margin	12.61%	1.72%	1.72%
Net income	67133,~~126~~406	~~107~~82,~~187~~893	1411,~~963~~644
Add: share-based compensation expenses (1)	3628,~~001~~210	2018,~~583~~369	2,~~873~~580
Non-GAAP net income	~~103~~161,~~127~~616	~~127~~101,~~770~~262	1714,~~836~~224
Net income margin	1.2.0%	1.82%	1.82%
Add: share-based compensation expenses	0.65%	0.3%	0.3%
Non-GAAP net income margin	12.85%	2.1.5%	2.1.5%
Net income attributable to ordinary shareholders	64131,~~834~~043	~~104~~80,~~711~~341	1411,~~617~~286
Add: share-based compensation expenses (1)	3628,~~001~~210	2018,~~583~~369	2,~~873~~580
Non-GAAP net income attributable to ordinary shareholders	~~100~~159,~~835~~253	~~125~~98,~~294~~710	1713,~~490~~866
Net income per Class A and Class B ordinary share:
Basic	0.2040	0.3225	0.04
Diluted	0.2040	0.3124	0.0403
Add: share-based compensation expenses
Basic	0.1109	0.0706	0.01
Diluted	0.1109	0.0605	0.01
Non-GAAP net income per Class A and Class B ordinary share:
Basic	0.3149	0.3931	0.05
Diluted	0.3149	0.3729	0.0504

Exhibit 99.1

(1) Share-based compensation expenses are recognized as follows:

	For the three months endedJune 30,
	For the three months endedSeptember 30,
	2024	2025	2025
	RMB	RMB	US$
	(Unaudited)
Fulfillment expenses	74,~~825~~707	31,~~926~~763	~~548~~248
Sales and marketing expenses	1,~~844~~057	12,~~387~~199	~~194~~309
Product development expenses	1513,~~595~~288	87,~~590~~724	1,~~199~~084
General and administrative expenses	109,~~737~~158	6,~~680~~683	~~932~~939
Total	3628,~~001~~210	2018,~~583~~369	2,~~873~~580

Filing Compare · Dingdong (Cayman) Ltd