DoorDash Inc. (DASH) financial statements: income statement, balance sheet and cash flow
DoorDash Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), DoorDash Inc. reported revenue of $13.7B (+27.9% year on year) and net income of $935.0M (+660.2% year on year).
Income statement
DoorDash Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$13.7B
$10.7B
$8.6B
$6.6B
Cost of revenue, exclusive of depreciation and amortization shown separately below
$6.7B
$5.5B
$4.6B
$3.6B
Sales and marketing
$2.5B
$2.0B
$1.9B
$1.7B
Research and development
$1.4B
$1.2B
$1.0B
$829.0M
General and administrative
$1.6B
$1.5B
$1.2B
$1.1B
Depreciation and amortization
$747.0M
$561.0M
$509.0M
$369.0M
Restructuring charges
$2.0M
$0
$2.0M
$92.0M
Total costs and expenses
$13.0B
$10.8B
$9.2B
$7.7B
Income (loss) from operations
$723.0M
($38.0M)
($579.0M)
($1.1B)
Interest income, net
$211.0M
$199.0M
$152.0M
—
Other income (expense), net
$5.0M
($5.0M)
($107.0M)
($305.0M)
Income (loss) before income taxes
$939.0M
$156.0M
($534.0M)
($1.4B)
Provision for income taxes
$7.0M
$39.0M
$31.0M
($31.0M)
Net income (loss) including redeemable non-controlling interests
$932.0M
$117.0M
($565.0M)
($1.4B)
Less: net loss attributable to redeemable non-controlling interests
($3.0M)
($6.0M)
($7.0M)
($3.0M)
Net income (loss) attributable to DoorDash, Inc. common stockholders
$935.0M
$123.0M
($558.0M)
($1.4B)
Basic (in $ per share)
$2.19
$0.30
-$1.42
-$3.68
Diluted (in $ per share)
$2.13
$0.29
-$1.42
-$3.68
Basic (in shares)
427.0M
411.6M
392.9M
371.4M
Diluted (in shares)
439.7M
430.2M
392.9M
371.4M
DoorDash Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenue
$4.5B
$4.0B
$3.4B
$3.3B
Cost of revenue, exclusive of depreciation and amortization shown separately below
$2.1B
$2.0B
$1.7B
$1.6B
Sales and marketing
$821.0M
$746.0M
$576.0M
$607.0M
Research and development
$535.0M
$398.0M
$355.0M
$351.0M
General and administrative
$538.0M
$432.0M
$400.0M
$388.0M
Depreciation and amortization
$295.0M
$269.0M
$169.0M
$159.0M
Restructuring charges
$2.0M
$48.0M
$1.0M
$0
Total costs and expenses
$4.3B
$3.9B
$3.2B
$3.1B
Income from operations
$156.0M
$151.0M
$258.0M
$163.0M
Interest income, net
$35.0M
$34.0M
$71.0M
$49.0M
Other income, net
$16.0M
$6.0M
($81.0M)
$59.0M
Income before income taxes
$207.0M
$191.0M
$248.0M
$271.0M
Provision for (benefit from) income taxes
$8.0M
$8.0M
$5.0M
($13.0M)
Net income including redeemable non-controlling interests
$199.0M
$183.0M
$243.0M
$284.0M
Less: net loss attributable to redeemable non-controlling interests
($1.0M)
($1.0M)
($1.0M)
($1.0M)
Net income attributable to DoorDash, Inc. common stockholders
$200.0M
$184.0M
$244.0M
$285.0M
Basic (in $ per share)
$0.46
$0.42
$0.57
$0.67
Diluted (in $ per share)
$0.46
$0.42
$0.55
$0.65
Basic (in shares)
434.4M
435.4M
428.9M
425.1M
Diluted (in shares)
439.3M
442.3M
441.8M
438.4M
Balance sheet
DoorDash Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$4.4B
$4.0B
$2.7B
$2.0B
Restricted cash
$273.0M
$190.0M
—
$211.0M
Short-term investments
$1.1B
$1.3B
$1.4B
$1.5B
Funds held at payment processors
$587.0M
$436.0M
$356.0M
$441.0M
Accounts receivable, net
$1.1B
$732.0M
$533.0M
$400.0M
Prepaid expenses and other current assets
$1.2B
$687.0M
$630.0M
$358.0M
Total current assets
$8.6B
$7.4B
$5.6B
$4.7B
Long-term investments
$837.0M
$835.0M
$583.0M
$397.0M
Operating lease right-of-use assets
$437.0M
$389.0M
$436.0M
$436.0M
Property and equipment, net
$1.1B
$778.0M
$712.0M
$637.0M
Intangible assets, net
$2.3B
$510.0M
$659.0M
$765.0M
Goodwill
$5.5B
$2.3B
$2.4B
$2.4B
Other assets
$896.0M
$632.0M
$363.0M
$129.0M
Total assets
$19.7B
$12.8B
$10.8B
$9.8B
Accounts payable
$397.0M
$321.0M
$216.0M
$157.0M
Operating lease liabilities
$105.0M
$68.0M
$68.0M
$55.0M
Accrued expenses and other current liabilities
$5.6B
$4.0B
$3.1B
$2.3B
Total current liabilities
$6.1B
$4.4B
$3.4B
$2.5B
Operating lease liabilities
$461.0M
$468.0M
$454.0M
$456.0M
Convertible notes, net
$2.7B
—
—
—
Other liabilities
$281.0M
$129.0M
$162.0M
$21.0M
Total liabilities
$9.6B
$5.0B
$4.0B
$3.0B
Redeemable non-controlling interests
$13.0M
$7.0M
$7.0M
$14.0M
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding
0
0
0
0
Additional paid-in capital
$14.1B
$13.2B
$11.9B
$10.6B
Accumulated other comprehensive income (loss)
$261.0M
($107.0M)
$73.0M
($33.0M)
Accumulated deficit
($4.3B)
($5.3B)
($5.2B)
($3.8B)
Total stockholders’ equity
$10.0B
$7.8B
$6.8B
$6.8B
Total liabilities, redeemable non-controlling interests and stockholders’ equity
$19.7B
$12.8B
$10.8B
$9.8B
DoorDash Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$4.4B
$4.6B
$3.3B
$3.9B
Restricted cash
$308.0M
$300.0M
$4.1B
$2.8B
Short-term investments
$923.0M
$958.0M
$964.0M
$1.1B
Funds held at payment processors
$513.0M
$605.0M
$377.0M
$322.0M
Accounts receivable, net
$1.1B
$1.0B
$894.0M
$840.0M
Prepaid expenses and other current assets
$1.1B
$1.1B
$899.0M
$824.0M
Total current assets
$8.4B
$8.6B
$10.5B
$9.7B
Long-term investments
$869.0M
$849.0M
$849.0M
$725.0M
Operating lease right-of-use assets
$454.0M
$437.0M
$396.0M
$391.0M
Property and equipment, net
$1.2B
$1.1B
$976.0M
$906.0M
Intangible assets, net
$2.0B
$2.1B
$878.0M
$890.0M
Goodwill
$5.5B
$5.5B
$3.6B
$3.5B
Other assets
$1.1B
$1.1B
$809.0M
$774.0M
Total assets
$19.6B
$19.7B
$18.0B
$16.9B
Accounts payable
$301.0M
$268.0M
$257.0M
$345.0M
Operating lease liabilities
$104.0M
$105.0M
$81.0M
$78.0M
Accrued expenses and other current liabilities
$5.7B
$5.7B
$4.8B
$4.3B
Total current liabilities
$6.2B
$6.0B
$5.1B
$4.7B
Operating lease liabilities
$474.0M
$457.0M
$454.0M
$452.0M
Convertible notes, net
$2.7B
$2.7B
$2.7B
$2.7B
Other liabilities
$276.0M
$293.0M
$155.0M
$153.0M
Total liabilities
$9.6B
$9.5B
$8.5B
$8.0B
Redeemable non-controlling interests
$11.0M
$12.0M
$13.0M
$5.0M
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding
0
0
0
0
Additional paid-in capital
$14.8B
$14.4B
$13.8B
$13.4B
Accumulated other comprehensive income
$101.0M
$117.0M
$268.0M
$261.0M
Accumulated deficit
($5.0B)
($4.3B)
($4.5B)
($4.8B)
Total stockholders’ equity
$9.9B
$10.2B
$9.5B
$8.9B
Total liabilities, redeemable non-controlling interests and stockholders’ equity
$19.6B
$19.7B
$18.0B
$16.9B
Cash flow statement
DoorDash Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss) including redeemable non-controlling interests
$932.0M
$117.0M
($565.0M)
($1.4B)
Depreciation and amortization
$747.0M
$561.0M
$509.0M
$369.0M
Stock-based compensation
$1.1B
$1.1B
$1.1B
$889.0M
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities
$118.0M
$103.0M
$108.0M
$81.0M
Amortization of deferred contract costs
$77.0M
—
—
—
Office lease impairment expenses
$11.0M
$83.0M
—
—
Adjustments to non-marketable equity securities, including impairment, net
($17.0M)
$4.0M
$101.0M
$303.0M
Other
$37.0M
$29.0M
$15.0M
$20.0M
Funds held at payment processors
($113.0M)
($87.0M)
$86.0M
($86.0M)
Accounts receivable, net
($359.0M)
($222.0M)
($141.0M)
($33.0M)
Prepaid expenses and other current assets
($247.0M)
($146.0M)
($105.0M)
($165.0M)
Other assets
($240.0M)
($279.0M)
($96.0M)
($90.0M)
Accounts payable
$54.0M
$82.0M
$70.0M
($15.0M)
Accrued expenses and other current liabilities
$577.0M
$943.0M
$702.0M
$566.0M
Payments for operating lease liabilities
($125.0M)
($116.0M)
($113.0M)
($75.0M)
Other liabilities
($72.0M)
($39.0M)
$14.0M
($29.0M)
Net cash provided by operating activities
$2.4B
$2.1B
$1.7B
$367.0M
Purchases of property and equipment
($257.0M)
($104.0M)
($123.0M)
($176.0M)
Capitalized software and website development costs
($348.0M)
($226.0M)
($201.0M)
($170.0M)
Purchases of investments
($1.4B)
($2.0B)
($1.9B)
($1.9B)
Maturities of investments
$1.4B
$1.8B
$1.9B
$1.6B
Sales of investments
$433.0M
$70.0M
$7.0M
$387.0M
Purchases of non-marketable investments
($47.0M)
$0
($17.0M)
($15.0M)
Acquisitions, net of cash acquired
($4.2B)
$0
$0
$71.0M
Settlement of deal-contingent forward contract
($24.0M)
—
—
—
Other investing activities
$0
($7.0M)
($2.0M)
($1.0M)
Net cash used in investing activities
($4.4B)
($444.0M)
($342.0M)
($300.0M)
Proceeds from issuance of convertible notes, net of issuance costs
$2.7B
—
—
$0
Proceeds from issuance of warrants
$341.0M
—
—
—
Purchase of convertible note hedges
($680.0M)
—
—
—
Proceeds from exercise of stock options
$9.0M
$14.0M
$6.0M
$11.0M
Repurchase of common stock
$0
($224.0M)
($750.0M)
($400.0M)
Payments of acquisition-related deferred cash consideration
($20.0M)
—
—
—
Other financing activities
($10.0M)
$6.0M
($8.0M)
$14.0M
Net cash provided by (used in) financing activities
$2.4B
($204.0M)
($752.0M)
($375.0M)
Foreign currency effect on cash and cash equivalents, and restricted cash and cash equivalents
$60.0M
($35.0M)
$5.0M
($10.0M)
Net increase in cash and cash equivalents, and restricted cash and cash equivalents
$460.0M
$1.4B
$584.0M
($318.0M)
Beginning of period
$4.2B
$2.8B
$2.2B
$2.5B
End of period
$4.7B
—
—
—
DoorDash Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income including redeemable non-controlling interests
$382.0M
$183.0M
$719.0M
$476.0M
Depreciation and amortization
$564.0M
$269.0M
$480.0M
$311.0M
Stock-based compensation
$580.0M
$231.0M
$775.0M
$517.0M
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities
$72.0M
$35.0M
$83.0M
$53.0M
Amortization of deferred contract costs
$44.0M
$21.0M
$55.0M
—
Office lease impairment expenses
$1.0M
$0
$7.0M
$7.0M
Other
$8.0M
$15.0M
$45.0M
$61.0M
Funds held at payment processors
$68.0M
($20.0M)
$74.0M
$128.0M
Accounts receivable, net
($12.0M)
$57.0M
($162.0M)
($90.0M)
Prepaid expenses and other current assets
$16.0M
$42.0M
($195.0M)
($47.0M)
Other assets
($68.0M)
($51.0M)
($193.0M)
($142.0M)
Accounts payable
($99.0M)
($123.0M)
($60.0M)
$25.0M
Accrued expenses and other current liabilities
$84.0M
($27.0M)
$496.0M
$10.0M
Payments for operating lease liabilities
($79.0M)
($37.0M)
($87.0M)
($58.0M)
Other liabilities
($23.0M)
$6.0M
($39.0M)
($43.0M)
Net cash provided by operating activities
$1.5B
$594.0M
$2.0B
$1.1B
Purchases of property and equipment
($118.0M)
($57.0M)
($203.0M)
($140.0M)
Capitalized software and website development costs
($258.0M)
($117.0M)
($235.0M)
($150.0M)
Purchases of investments
($591.0M)
($292.0M)
($1.1B)
($725.0M)
Maturities of investments
$729.0M
$445.0M
$1.0B
$801.0M
Sales of investments
$29.0M
—
$429.0M
$286.0M
Purchases of non-marketable investments
($55.0M)
($55.0M)
($5.0M)
—
Acquisitions, net of cash acquired
($30.0M)
($30.0M)
($1.2B)
($1.2B)
Other investing activities
$8.0M
$8.0M
$0
$0
Net cash used in investing activities
($286.0M)
($98.0M)
($1.3B)
($1.1B)
Proceeds from issuance of convertible notes, net of issuance costs
$0
—
$2.7B
$2.7B
Proceeds from issuance of warrants
$0
—
$341.0M
$341.0M
Purchase of convertible note hedges
$0
—
($680.0M)
($680.0M)
Proceeds from exercise of stock options
$2.0M
$1.0M
$8.0M
$5.0M
Repurchase of common stock
($1.0B)
($162.0M)
$0
$0
Payments of acquisition-related deferred cash consideration
($20.0M)
($11.0M)
—
—
Other financing activities
($2.0M)
($1.0M)
($10.0M)
($10.0M)
Net cash provided by (used in) financing activities
($1.1B)
($173.0M)
$2.4B
$2.4B
Foreign currency effect on cash and cash equivalents, and restricted cash and cash equivalents
($18.0M)
($22.0M)
$63.0M
$63.0M
Net increase in cash and cash equivalents, and restricted cash and cash equivalents