DoorDash, Inc.

DASH 10-Q · Q2 2025

DASH Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue (Q) — — —
Show Business Segments breakouts
Reportable Segment 3,284 2,630 +24.9%
Show Geography breakouts
Non Us 455 312 +45.8%
US 2,829 2,318 +22.0%
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Revenue 3,284 2,630 +24.9%
Cost Of Goods And Service Excluding Depreciation Depletion And Amortization (Q) — — —
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Cost Of Goods And Service Excluding Depreciation Depletion And Amortization 1,616 1,385 +16.7%
Sales & Marketing (Q) — — —
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Sales & Marketing 607 509 +19.3%
Research & Development (Q) — — —
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Research & Development 351 303 +15.8%
General & Administrative (Q) — — —
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General & Administrative 388 494 -21.5%
Depreciation & Amortization (Q) — — —
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Reportable Segment 159 140 +13.6%
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Depreciation & Amortization 159 140 +13.6%
Total Costs & Expenses (Q) — — —
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Reportable Segment 3,121 2,831 +10.2%
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Total Costs & Expenses 3,121 2,831 +10.2%
Operating Income (Q) — — —
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Reportable Segment 163 -201 +181.1%
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Operating Income 163 -201 +181.1%
Investment Income Net (Q) — — —
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Reportable Segment 49 49 0.0%
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Investment Income Net 49 49 0.0%
Other Non-Operating Income (Expense) (Q) — — —
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Reportable Segment 59 -5 +1280.0%
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Other Non-Operating Income (Expense) 59 -5 +1280.0%
Income Before Taxes (Q) — — —
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Reportable Segment 271 -157 +272.6%
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Income Before Taxes 271 -157 +272.6%
Income Tax Expense (Benefit) (Q) — — —
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Reportable Segment -13 1 -1400.0%
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Income Tax Expense (Benefit) -13 1 -1400.0%
Net Income (Q) — — —
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Reportable Segment 284 -158 +279.7%
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Net Income 284 -158 +279.7%
Show Statement Class Of Stock breakouts
Common Class A 267 -148 +280.4%
Common Class B 17 -10 +270.0%
Net Income Loss Attributable To Noncontrolling Interest (Q) — — —
Show Business Segments breakouts
Reportable Segment -1 -1 0.0%
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Net Income Loss Attributable To Noncontrolling Interest -1 -1 0.0%
Show Statement Class Of Stock breakouts
Common Class A -1 -1 0.0%
Net Income (Q) — — —
Show Business Segments breakouts
Reportable Segment 285 -157 +281.5%
Show Equity Components breakouts
Retained Earnings 285 -157 +281.5%
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Net Income 285 -157 +281.5%
Show Statement Class Of Stock breakouts
Common Class A 268 -147 +282.3%
Common Class B 17 -10 +270.0%
EPS (Basic) (Q) — — —
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EPS (Basic) 0.67 -0.38 +276.3%
Show Statement Class Of Stock breakouts
Common Class A 0.67 -0.38 +276.3%
Common Class B 0.67 -0.38 +276.3%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 0.65 -0.38 +271.1%
Show Statement Class Of Stock breakouts
Common Class A 0.65 -0.38 +271.1%
Common Class B 0.65 -0.38 +271.1%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 425,113 410,482 +3.6%
Show Statement Class Of Stock breakouts
Common Class A 400,108 383,316 +4.4%
Common Class B 25,005 27,166 -8.0%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 438,377 410,482 +6.8%
Show Statement Class Of Stock breakouts
Common Class A 413,372 383,316 +7.8%
Common Class B 25,005 27,166 -8.0%
Comprehensive Income (Q) — — —
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Comprehensive Income 539 -181 +397.8%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Certificates Of Deposit 2 — —
Money Market Funds 2,556 2,178 +17.4%
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Cash & Cash Equivalents 3,911 3,430 +14.0%
Restricted Cash Current (Q) — — —
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Restricted Cash Current 2,750 178 +1444.9%
Available For Sale Securities Debt Securities Current (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Mutual Fund 30 43 -30.2%
Fair Value Inputs Level2 · Certificates Of Deposit 44 65 -32.3%
Fair Value Inputs Level2 · Commercial Paper 44 202 -78.2%
Fair Value Inputs Level2 · Corporate Debt Securities 496 361 +37.4%
Fair Value Inputs Level2 · US Government Agencies Debt Securities 32 43 -25.6%
Fair Value Inputs Level2 · US Treasury Securities 442 710 -37.7%
Show Financial Instrument breakouts
Certificates Of Deposit 44 65 -32.3%
Certificates Of Deposit · Fair Value Measurements Recurring 44 65 -32.3%
Commercial Paper 44 202 -78.2%
Commercial Paper · Fair Value Measurements Recurring 44 202 -78.2%
Corporate Debt Securities 496 361 +37.4%
Corporate Debt Securities · Fair Value Measurements Recurring 496 361 +37.4%
Mutual Fund 30 43 -30.2%
Mutual Fund · Fair Value Measurements Recurring 30 43 -30.2%
US Government Agencies Debt Securities 32 43 -25.6%
US Government Agencies Debt Securities · Fair Value Measurements Recurring 32 43 -25.6%
US Treasury Securities 442 710 -37.7%
US Treasury Securities · Fair Value Measurements Recurring 442 710 -37.7%
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Available For Sale Securities Debt Securities Current 1,088 1,424 -23.6%
Funds Held At Payment Processors (Q) — — —
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Funds Held At Payment Processors 322 396 -18.7%
Accounts Receivable (Q) — — —
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Accounts Receivable 840 585 +43.6%
Prepaid Expenses & Other Current Assets (Q) — — —
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Prepaid Expenses & Other Current Assets 824 — —
Total Current Assets (Q) — — —
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Total Current Assets 9,735 6,617 +47.1%
Non-Current Assets
Available For Sale Securities Debt Securities Noncurrent (Q) — — —
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Corporate Debt Securities 389 406 -4.2%
Fair Value Inputs Level2 · US Government Agencies Debt Securities 104 72 +44.4%
Fair Value Inputs Level2 · US Treasury Securities 232 191 +21.5%
Show Financial Instrument breakouts
Corporate Debt Securities 389 406 -4.2%
Corporate Debt Securities · Fair Value Measurements Recurring 389 406 -4.2%
US Government Agencies Debt Securities 104 72 +44.4%
US Government Agencies Debt Securities · Fair Value Measurements Recurring 104 72 +44.4%
US Treasury Securities 232 191 +21.5%
US Treasury Securities · Fair Value Measurements Recurring 232 191 +21.5%
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Available For Sale Securities Debt Securities Noncurrent 725 669 +8.4%
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 391 381 +2.6%
Goodwill (Q) — — —
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Goodwill 3,529 — —
Show Business Acquisition breakouts
SevenRooms Acquisition 845 — —
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 774 458 +69.0%
Total Assets (Q) — — —
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Total Assets 16,950 11,837 +43.2%
Intangible Assets (Q) — — —
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Intangible Assets 890 586 +51.9%
Show Finite Lived Intangible Assets By Major Class breakouts
Assembled workforce in asset acquisitions 6 9 -33.3%
Customer Relationships 222 34 +552.9%
Merchant relationships 216 224 -3.6%
Technology Based Intangible Assets 237 106 +123.6%
Trademarks And Trade Names 209 213 -1.9%
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization (Q) — — —
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Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 906 701 +29.2%
Intangible Assets Net Excluding Goodwill (Q) — — —
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Intangible Assets Net Excluding Goodwill 890 586 +51.9%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 345 163 +111.7%
Operating Lease Liability Current (Q) — — —
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Operating Lease Liability Current 78 64 +21.9%
Accrued Liabilities (Q) — — —
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Accrued Liabilities 4,273 3,801 +12.4%
Total Current Liabilities (Q) — — —
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Total Current Liabilities 4,696 4,028 +16.6%
Deferred Revenue (Current) (Q) — — —
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Deferred Revenue (Current) 421 298 +41.3%
Non-Current Liabilities
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 452 470 -3.8%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 153 167 -8.4%
Total Liabilities (Q) — — —
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Total Liabilities 8,022 4,665 +72.0%
Long-Term Debt (Q) — — —
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Convertible Senior Notes Due 2030 2,721 — —
Other Liabilities
Convertible Long Term Notes Payable (Q) — — —
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Convertible Long Term Notes Payable 2,721 — —
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests (Q) — — —
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Redeemable Non-Controlling Interests 5 — —
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Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests 5 10 -50.0%
Stockholders' Equity
Additional Paid-In Capital (Q) — — —
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Additional Paid-In Capital 13,439 12,523 +7.3%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income 261 -25 +1144.0%
Retained Earnings (Q) — — —
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Retained Earnings -4,777 -5,336 +10.5%
Total Stockholders' Equity (Q) — — —
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Accumulated Other Comprehensive Income 261 -25 +1144.0%
Additional Paid In Capital 13,439 12,523 +7.3%
Retained Earnings -4,777 -5,336 +10.5%
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Total Stockholders' Equity 8,923 7,162 +24.6%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 16,950 11,837 +43.2%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Stock-Based Compensation (YTD) — — —
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Stock-Based Compensation 517 554 -6.7%
Reduction Of Operating Lease Right Of Use Assets And Accretion Of Operating Lease Liabilities (YTD) — — —
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Reduction Of Operating Lease Right Of Use Assets And Accretion Of Operating Lease Liabilities 53 52 +1.9%
Operating Lease Impairment Loss (YTD) — — —
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Operating Lease Impairment Loss 7 83 -91.6%
Unrealized Gain Loss On Derivatives (YTD) — — —
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Unrealized Gain Loss On Derivatives -69 — —
Other Operating Activities Cash Flow Statement (YTD) — — —
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Other Operating Activities Cash Flow Statement 61 41 +48.8%
Increase Decrease In Funds Held At Payment Processors (YTD) — — —
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Increase Decrease In Funds Held At Payment Processors 128 -43 +397.7%
Change in Accounts Receivable (YTD) — — —
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Change in Accounts Receivable -90 -63 -42.9%
Increase Decrease In Prepaid Expense And Other Current Assets (YTD) — — —
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Increase Decrease In Prepaid Expense And Other Current Assets -47 -35 -34.3%
Increase Decrease In Other Noncurrent Assets (YTD) — — —
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Increase Decrease In Other Noncurrent Assets -142 -81 -75.3%
Change in Accounts Payable (YTD) — — —
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Change in Accounts Payable 25 -52 +148.1%
Increase Decrease In Accrued Liabilities (YTD) — — —
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Increase Decrease In Accrued Liabilities 10 571 -98.2%
Operating Lease Payments (YTD) — — —
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Operating Lease Payments -58 -54 -7.4%
Change in Other Liabilities (YTD) — — —
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Change in Other Liabilities -43 11 -490.9%
Net Cash from Operations (YTD) — — —
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Net Cash from Operations 1,139 1,083 +5.2%
Investing Activities
Capital Expenditures (YTD) — — —
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Capital Expenditures -140 -40 -250.0%
Payments To Develop Software (YTD) — — —
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Payments To Develop Software -150 -105 -42.9%
Purchases of Investments (YTD) — — —
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Purchases of Investments -725 -969 +25.2%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities (YTD) — — —
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Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 801 899 -10.9%
Proceeds From Sale Of Available For Sale Securities Debt (YTD) — — —
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Proceeds From Sale Of Available For Sale Securities Debt 286 4 +7050.0%
Payments To Acquire Businesses Net Of Cash Acquired (YTD) — — —
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Payments To Acquire Businesses Net Of Cash Acquired -1,173 — —
Net Cash from Investing (YTD) — — —
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Net Cash from Investing -1,101 -219 -402.7%
Financing Activities
Proceeds From Issuance Of Debt (YTD) — — —
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Proceeds From Issuance Of Debt 2,722 — —
Proceeds From Issuance Of Warrants (YTD) — — —
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Proceeds From Issuance Of Warrants 341 — —
Payments For Hedge Financing Activities (YTD) — — —
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Payments For Hedge Financing Activities -680 — —
Proceeds From Stock Options Exercised (YTD) — — —
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Proceeds From Stock Options Exercised 5 3 +66.7%
Proceeds From Payments For Other Financing Activities (YTD) — — —
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Proceeds From Payments For Other Financing Activities -10 6 -266.7%
Net Cash from Financing (YTD) — — —
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Net Cash from Financing 2,378 2 +118800.0%
Supplemental
Unpaid Capital Expenditures (YTD) — — —
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Unpaid Capital Expenditures 41 18 +127.8%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (YTD) — — —
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Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 63 -18 +450.0%
Net Change in Cash (YTD) — — —
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Net Change in Cash 2,479 848 +192.3%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 6,700 3,620 +85.1%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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