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MARKETS / NASDAQ / DASH
NASDAQ · SERVICES-BUSINESS SERVICES, NEC · LARGE CAP

DoorDash, Inc. DASH

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$13.7B
▲ 27.9% YoY
$935.0M
▲ 660.2% YoY
$2.2B
▲ 7.2% YoY
In brief

What this company does

DoorDash's Marketplaces provide an integrated suite of services that help merchants establish an online presence, connect with consumers in their communities, and address challenges such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. Its Marketplaces operate in over 40 countries, including the United States, and account for the vast majority of its revenue today. Its primary offerings include the DoorDash Marketplace, the Wolt Marketplace, and the Deliveroo Marketplace, together referred to as its Marketplaces, and its Commerce Platform. In December 2025, its Marketplaces served over 56 million monthly active users, and as of December 31, 2025, it had over 35 million DashPass, Wolt+ and Deliveroo Plus members. Its Commerce Platform offers white-label delivery fulfillment services (Drive) as well as services that help merchants establish online ordering, build branded mobile apps, manage reservations and in-store dining, manage consumer relationships, enable tableside order and pay, and improve customer support. It typically pays Dashers based on the amount of time they are active on its platform or the number of tasks they complete and the time, distance, and desirability associated with each task. As of December 31, 2025, it had over 31,400 employees worldwide. It was incorporated in 2013 as Palo Alto Delivery Inc., a Delaware corporation, and in 2015 changed its name to DoorDash, Inc.

Written from the business description in DOORDASH, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth
USD 13.7B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 13.7 · Net income 0.9
5B10B20182019202020212022202320242025
Compound annual growth
+27.7%
+36.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +36.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.3% · Net 6.8%
-20%-40%-60%20182019202020212022202320242025
ROE
FY2025 · ROE 10.5%
5%10%-10%-20%20182019202020212022202320242025

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.2
0.8B1.6B-0.2B-0.4B20182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -9.0
250.0M500.0M20182019202020212022202320242025

Total assetsUSD 19.7B
EquityUSD 10.0B
CashUSD 4.4B
Current ratio1.41×

Equity funds 51% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B13.710.78.66.64.92.90.90.3
Operating income $B0.7−0.0−0.6−1.1−0.5−0.4−0.6−0.2
EBITDA $B1.50.5−0.1−0.8−0.3−0.3−0.6−0.2
Income tax $B0.00.00.0−0.00.00.00.00.0
Net income $B0.90.1−0.6−1.4−0.5−0.5−0.7−0.2
Free cash flow $B2.22.01.60.20.60.1−0.5−0.2
EPS, diluted $2.13·····−15.44−4.67
Dividend / sh $········
Payout %········
ROE %10.51.7−8.2−23.9−10.0−25.5··
Shares out B·0.390.380.360.320.290.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Business Services, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2018

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