DoorDash DASH
Public, NASDAQ, reports in USD. Founded 2013.
Theme: Mobile.
Food Delivery.
2025-08-01 — Could become 10% profitable
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 13.7bn USD | 27.8 % | 50.8 % | 10.4 % | 726m USD | 5.3 % | 935m USD | 2.13 | 33.1 | |
| 2024 | 10.7bn USD | 24.2 % | 49.4 % | 10.9 % | 52m USD | 0.5 % | 123m USD | 0.30 | 24.7 | |
| 2023 | 8.6bn USD | 31.2 % | 46.9 % | 11.6 % | -579m USD | -6.7 % | -558m USD | -1.42 | 24.5 | |
| 2022 | 6.6bn USD | – | 45.5 % | 12.6 % | -1.0bn USD | -15.7 % | -1.4bn USD | -3.68 | – | |
| 2026-Q2 | 4.5bn USD | 35.6 % | 52.7 % | 12.0 % | 158m USD | 3.5 % | 200m USD | 0.46 | 39.2 | |
| 2026-Q1 | 4.0bn USD | – | 50.6 % | 9.9 % | 199m USD | 4.9 % | 184m USD | 0.42 | – | |
| 2025-Q4 | 4.0bn USD | – | 51.1 % | 10.6 % | 147m USD | 3.7 % | 213m USD | 0.48 | – | |
| 2025-Q3 | 3.4bn USD | – | 51.0 % | 10.3 % | 259m USD | 7.5 % | 244m USD | 0.55 | – | |
| 2025-Q2 | 3.3bn USD | – | 50.8 % | 10.7 % | 163m USD | 5.0 % | 285m USD | 0.65 | – |
Sources
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 4.5bn USD | 3.3bn USD | +1.2bn (+36 %) |
| Op. margin | 3.5 % | 5.0 % | -1.4 pts |
| FCF | 742m USD | 355m USD | +387m (+109 %) |
| Op. income | 158m USD | ||
| Net income | 200m USD | ||
| EPS (diluted) | 0.46 | -29.2 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.4bn USD | 605m USD | 1.8bn USD | 13.3 % | 260.0 % | 721m USD | 463m USD | 4.5bn USD | 400m USD |
| 2024 | 2.1bn USD | 330m USD | 1.8bn USD | 16.8 % | 1733.3 % | 39m USD | 522m USD | 1.8bn USD | 1.5bn USD |
| 2023 | 1.7bn USD | 324m USD | 1.3bn USD | 15.6 % | – | – | – | 1.3bn USD | 579m USD |
| 2022 | 367m USD | 346m USD | 21m USD | 0.3 % | – | – | – | 21m USD | -308m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 200.45 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 86.9bn USD | 2026-09-15 | |
| 52w high | 285.50 USD | 2026-09-15 | |
| 52w low | 143.30 USD | 2026-09-15 | |
| EV/EBITDA | 716.0 | 2026-07-10 (stale) | |
| Off 52w high % | -29.8 % | ||
| P/S | 6.3 | ||
| Lifetime CAGR | 21.9 % |
Notes
- 2025-08-01 opinion Could become 10% profitable