DoorDash, Inc.
Business
DoorDash operates a multi-sided marketplace platform connecting merchants, consumers, and delivery partners (Dashers) across food delivery, groceries, and other goods in over 40 countries. The company earns transaction-based fees from merchants and consumers, supplemented by advertising services for merchants and membership programs (DashPass, Wolt+, Deliveroo Plus) that reduce consumer friction. DoorDash also offers a Commerce Platform providing white-label delivery fulfillment, online ordering, branded apps, reservations, and customer-relationship tools to help merchants operate omnichannel businesses.
Summary from 10-K filed 2026-02-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 13,717 | 10,722 | 8,635 | 6,583 | 4,888 | |
| Cost of revenue, exclusive of depreciation and amortization shown separately below | 6,738 | 5,542 | 4,589 | 3,588 | 2,338 | |
| Sales and marketing | 2,476 | 2,037 | 1,876 | 1,682 | 1,619 | |
| Research and development | 1,431 | 1,168 | 1,003 | 829 | 430 | |
| General and administrative | 1,600 | 1,452 | 1,235 | 1,147 | 797 | |
| Depreciation and amortization | 747 | 561 | 509 | 369 | 156 | |
| Restructuring charges | 2 | 0 | 2 | 92 | 0 | |
| Total costs and expenses | 12,994 | 10,760 | 9,214 | 7,707 | 5,340 | |
| Income (loss) from operations | 723 | −38 | −579 | −1,124 | −452 | |
| Interest income, net | 211 | 199 | 152 | 30 | −11 | |
| Other income (expense), net | 5 | −5 | −107 | −305 | 0 | |
| Income (loss) before income taxes | 939 | 156 | −534 | −1,399 | −463 | |
| Provision for income taxes | 7 | 39 | 31 | −31 | 5 | |
| Net income (loss) including redeemable non-controlling interests | 932 | 117 | −565 | −1,368 | −468 | |
| Less: net loss attributable to redeemable non-controlling interests | −3 | −6 | −7 | −3 | 0 | |
| Net income (loss) attributable to DoorDash, Inc. common stockholders | 935 | 123 | −558 | −1,365 | −468 | |
| Basic (in $ per share) | 2.19 | 0.3 | −1.42 | −3.68 | −1.39 | |
| Diluted (in $ per share) | 2.13 | 0.29 | −1.42 | −3.68 | −1.39 | |
| Basic (in shares) | 427 | 412 | 393 | 371 | 337 | |
| Diluted (in shares) | 440 | 430 | 393 | 371 | 337 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 4,378 | 4,019 | 2,656 | 1,977 | 2,504 | |
| Restricted cash | 273 | 190 | 105 | 0 | — | |
| Short-term investments | 1,128 | 1,322 | 1,422 | 1,544 | 1,253 | |
| Funds held at payment processors | 587 | 436 | 356 | 441 | 320 | |
| Accounts receivable, net | 1,108 | 732 | 533 | 400 | 349 | |
| Prepaid expenses and other current assets | 1,169 | 687 | 525 | 358 | 139 | |
| Total current assets | 8,643 | 7,386 | 5,597 | 4,720 | 4,565 | |
| Long-term investments | 837 | 835 | 583 | 397 | 650 | |
| Operating lease right-of-use assets | 437 | 389 | 436 | 436 | 336 | |
| Property and equipment, net | 1,067 | 778 | 712 | 637 | 402 | |
| Intangible assets, net | 2,260 | 510 | 659 | 765 | 61 | |
| Goodwill | 5,519 | 2,315 | 2,432 | 2,370 | 316 | |
| Other assets | 896 | 632 | 420 | 129 | 68 | |
| Total assets | 19,659 | 12,845 | 10,839 | 9,789 | 6,809 | |
| Accounts payable | 397 | 321 | 216 | 157 | 161 | |
| Operating lease liabilities | 105 | 68 | 68 | 55 | 26 | |
| Accrued expenses and other current liabilities | 5,645 | 4,049 | 3,126 | 2,332 | 1,573 | |
| Total current liabilities | 6,147 | 4,438 | 3,410 | 2,544 | 1,760 | |
| Operating lease liabilities | 461 | 468 | 454 | 456 | 373 | |
| Convertible notes, net | 2,724 | 0 | — | — | — | |
| Other liabilities | 281 | 129 | 162 | 21 | 9 | |
| Total liabilities | 9,613 | 5,035 | 4,026 | 3,021 | 2,142 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Redeemable non-controlling interests | 13 | 7 | 7 | 14 | 0 | |
| Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 14,092 | 13,165 | 11,887 | 10,633 | 6,752 | |
| Accumulated other comprehensive income (loss) | 261 | −107 | 73 | −33 | −4 | |
| Accumulated deficit | −4,320 | −5,255 | −5,154 | −3,846 | −2,081 | |
| Total stockholders equity | 10,033 | 7,803 | 6,806 | 6,754 | 4,667 | |
| Total liabilities, redeemable non-controlling interests and stockholders equity | 19,659 | 12,845 | 10,839 | 9,789 | 6,809 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 1,051 | 1,099 | 1,088 | 889 | 486 | |
| Reduction of operating lease right-of-use assets and accretion of operating lease liabilities | 118 | 103 | 108 | 81 | 52 | |
| Amortization of deferred contract costs | 77 | 60 | 45 | — | — | |
| Office lease impairment expenses | 11 | 83 | 0 | 2 | — | |
| Adjustments to non-marketable equity securities, including impairment, net | −17 | 4 | 101 | 303 | 0 | |
| Other | 37 | −31 | −30 | 18 | 75 | |
| Funds held at payment processors | −113 | −87 | 86 | −86 | −174 | |
| Accounts receivable, net | −359 | −222 | −141 | −33 | −94 | |
| Prepaid expenses and other current assets | −247 | −146 | −105 | −165 | 85 | |
| Other assets | −240 | −279 | −96 | −90 | −51 | |
| Accounts payable | 54 | 82 | 70 | −15 | 79 | |
| Accrued expenses and other current liabilities | 577 | 943 | 702 | 566 | 595 | |
| Payments for operating lease liabilities | −125 | −116 | −113 | −75 | −44 | |
| Other liabilities | −72 | −39 | 14 | −29 | −5 | |
| Net cash provided by operating activities | 2,431 | 2,132 | 1,673 | 367 | 692 | |
| Purchases of property and equipment | −257 | −104 | −123 | −176 | −129 | |
| Capitalized software and website development costs | −348 | −226 | −201 | −170 | −108 | |
| Purchases of investments | −1,376 | −1,951 | −1,946 | −1,948 | −2,344 | |
| Maturities of investments | 1,379 | 1,774 | 1,940 | 1,552 | 720 | |
| Sales of investments | 433 | 70 | 7 | 387 | 224 | |
| Purchases of non-marketable investments | −47 | 0 | −17 | −15 | −409 | |
| Acquisitions, net of cash acquired | −4,151 | 0 | 0 | 71 | 0 | |
| Settlement of deal-contingent forward contract | −24 | 0 | 0 | — | — | |
| Other investing activities | 0 | −7 | −2 | −1 | −1 | |
| Net cash used in investing activities | −4,391 | −444 | −342 | −300 | −2,047 | |
| Proceeds from issuance of convertible notes, net of issuance costs | 2,720 | 0 | 0 | — | — | |
| Proceeds from issuance of warrants | 341 | 0 | 0 | — | — | |
| Purchase of convertible note hedges | −680 | 0 | 0 | — | — | |
| Proceeds from exercise of stock options | 9 | 14 | 6 | 11 | 32 | |
| Repurchase of common stock | 0 | −224 | −750 | −400 | 0 | |
| Payments of acquisition-related deferred cash consideration | −20 | 0 | 0 | — | — | |
| Other financing activities | −10 | 6 | −8 | 14 | 0 | |
| Net cash provided by (used in) financing activities | 2,360 | −204 | −752 | −375 | −483 | |
| Foreign currency effect on cash and cash equivalents, and restricted cash and cash equivalents | 60 | −35 | 5 | −10 | −1 | |
| Net increase in cash and cash equivalents, and restricted cash and cash equivalents | 460 | 1,449 | 584 | −318 | −1,839 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is DoorDash, Inc.'s CIK number?
DoorDash, Inc.'s SEC CIK number is 0001792789 (1792789). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find DoorDash, Inc.'s SEC filings?
All of DoorDash, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did DoorDash, Inc. last report earnings?
DoorDash, Inc. (DASH) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001792789-26-000036). This is DoorDash, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is DoorDash, Inc.'s most recent earnings 8-K?
DoorDash, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001792789-26-000036. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View DoorDash, Inc.'s latest earnings 8-K →
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