DoorDash, Inc. Segments Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2023 | 2024 | 2025 | |||||||||||||||
| Revenue | $ | 8,635 | $ | 10,722 | $ | 13,717 | |||||||||||
| Less: | |||||||||||||||||
| Depreciation and amortization | 509 | 561 | 747 | ||||||||||||||
| Stock-based compensation | 1,088 | 1,099 | 1,051 | ||||||||||||||
| Cost of revenue* | 4,450 | 5,391 | 6,584 | ||||||||||||||
| Sales and marketing* | 1,757 | 1,920 | 2,369 | ||||||||||||||
| Research and development* | 537 | 663 | 904 | ||||||||||||||
| General and administrative* | 871 | 1,126 | 1,337 | ||||||||||||||
| Restructuring charges* | 2 | — | 2 | ||||||||||||||
| Total costs and expenses | 9,214 | 10,760 | 12,994 | ||||||||||||||
| Income (loss) from operations | (579) | (38) | 723 | ||||||||||||||
| Interest income, net | 152 | 199 | 211 | ||||||||||||||
Other income (expense), net | (107) | (5) | 5 | ||||||||||||||
| Income (loss) before income taxes | (534) | 156 | 939 | ||||||||||||||
| Provision for income taxes | 31 | 39 | 7 | ||||||||||||||
| Net income (loss) including redeemable non-controlling interests | (565) | 117 | 932 | ||||||||||||||
Net loss attributable to redeemable non-controlling interests | (7) | (6) | (3) | ||||||||||||||
| Net income (loss) attributable to DoorDash, Inc. common stockholders | $ | (558) | $ | 123 | $ | 935 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 18, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.