FirmAtlas
Company handbook · DASH · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
DASH · CIK 1792789 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026
DOORDASH, INC.
$189.15
−3.90 (−2.02%)
Close, Oct 16, 2026 · 52-week $143–269
Last fiscal year
DOORDASH, INC. reported revenue of $13.7B for the year ended Dec 31, 2025 (FY25), up 27.9% from FY24. Net income was $935M, operating cash flow $2.4B and free cash flow $2.2B. Source: 10-K filed Feb 18, 2026.
Market cap
$83.2B
P/E
98.9
EV/EBITDA
53.4x
P/B
8.4
ROIC
16.1%
Revenue 1Y
27.9%/yr
EPS 1Y
634.5%/yr
Shares 1Y
+2%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOTony Xu
HQSan Francisco, CA
AuditorKPMG LLP
Employees31,400
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
—
−2.4%
35.3%
−29.1%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$4.7B deployed
Capex
$361M
7.6%
Acquisitions
$4.2B
87.6%
Buybacks
$224M
4.7%
Operating cash flow over the period: $4.6B. Total debt changed by $0M. R&D of $2.6B is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
Per-share figures are split-adjusted (5-for-1 split after FY20).
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
10,722
13,717+27.9%
15,891
YoY
+27.9%
Operating income
(38)
723n/m
712
Operating margin
−0.4%
5.3%+5.6 pp
—
EBITDA
523
1,470+181.1%
—
EBITDA margin
4.9%
10.7%+5.8 pp
—
Net income
123
935+660.2%
841
YoY
+660.2%
Net margin
1.1%
6.8%+5.7 pp
—
EPS (diluted, $)
0.29
2.13+634.5%
1.91
YoY
+634.5%
Balance sheet
Total assets
12,845
19,659+53.0%
19,561
Cash & short-term investments
4,221
4,681+10.9%
—
Accounts receivable
732
1,108+51.4%
—
Net PP&E
778
1,067+37.1%
—
Other assets
7,114
12,803+80.0%
—
Total liabilities
5,042
9,626+90.9%
9,640
Accounts payable
321
397+23.7%
—
Other liabilities
4,721
9,229+95.5%
—
Shareholders’ equity
7,803
10,033+28.6%
9,921
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,132
2,431+14.0%
2,830
Net income
117
932+696.6%
—
Depreciation & amortization
561
747+33.2%
—
Stock-based compensation
1,099
1,051−4.4%
—
Working capital & other
355
(299)−184.2%
—
Cash from investing
(444)
(4,391)n/m
—
Capex
(104)
(257)n/m
—
Acquisitions
0
(4,151)n/m
—
Investments bought
(1,951)
(1,376)n/m
—
Investments sold / matured
1,774
1,379−22.3%
—
Other investing
(163)
14n/m
—
Cash from financing
(204)
2,360n/m
—
Debt raised
0
2,720n/m
—
Buybacks
(224)
0n/m
—
Shares issued
14
9−35.7%
—
Other financing
6
(369)−6250.0%
—
Net change in cash
1,449
460−68.3%
—
Free cash flow (OCF − capex)
2,028
2,174+7.2%
2,595
Where the cash went
Operating cash flow
2,132
2,431+14.0%
2,830
Reinvested in the business
104
4,408+4138.5%
—
% of operating cash flow
4.9%
181.3%
Capex
104
257+147.1%
235
Acquisitions
0
4,151n/m
—
R&D (memo, already in costs)
1,168
1,431+22.5%
—
Free cash flow
2,028
2,174+7.2%
2,595
YoY
+7.2%
Returned to shareholders
224
0−100.0%
—
% of free cash flow
11.0%
0.0%
Buybacks
224
0−100.0%
—
FCF conversion (FCF ÷ net income)
1648.8%
232.5%−1416.3 pp
—
Owner earnings
—
1,125
—
Owner earnings margin
—
8.2%
—
Returns & ratios
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,446
3,955
4,036
4,454
vs year-ago quarter
Operating income
258
147
151
156
Net income
244
213
184
200
vs year-ago quarter
Net margin
7.1%
5.4%
4.6%
4.5%
EPS (diluted, $)
0.55
0.48
0.42
0.46
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
17,971
19,659
19,711
19,561
Cash & equivalents
7,399
4,681
4,982
4,846
Shareholders’ equity
9,495
10,033
10,198
9,921
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
871
421
594
944
Capex
63
54
57
61
Free cash flow
808
367
537
883
vs year-ago quarter