DoorDash, Inc.
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| Metric | Q4 2025 | Q4 2024 | YoY |
|---|---|---|---|
| Revenue (Q) | — | — | — |
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| Reportable Segment | 3,955 | 2,873 | +37.7% |
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| Non Us | 906 | 371 | +144.2% |
| US | 3,049 | 2,502 | +21.9% |
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| Revenue | 3,955 | 2,873 | +37.7% |
| 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 | 1,935 | 1,453 | +33.2% |
| Sales & Marketing (Q) | — | — | — |
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| Sales & Marketing | 707 | 541 | +30.7% |
| Research & Development (Q) | — | — | — |
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| Research & Development | 419 | 297 | +41.1% |
| General & Administrative (Q) | — | — | — |
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| General & Administrative | 480 | 324 | +48.1% |
| Depreciation & Amortization (Q) | — | — | — |
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| Reportable Segment | 267 | 141 | +89.4% |
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| Depreciation & Amortization | 267 | 141 | +89.4% |
| Total Costs & Expenses (Q) | — | — | — |
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| Reportable Segment | 3,808 | 2,756 | +38.2% |
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| Total Costs & Expenses | 3,808 | 2,756 | +38.2% |
| Operating Income (Q) | — | — | — |
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| Reportable Segment | 147 | 117 | +25.6% |
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| Operating Income | 147 | 117 | +25.6% |
| Investment Income Net (Q) | — | — | — |
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| Reportable Segment | 42 | 51 | -17.6% |
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| Investment Income Net | 42 | 51 | -17.6% |
| Other Non-Operating Income (Expense) (Q) | — | — | — |
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| Reportable Segment | 33 | 8 | +312.5% |
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| Other Non-Operating Income (Expense) | 33 | 8 | +312.5% |
| Income Before Taxes (Q) | — | — | — |
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| Reportable Segment | 222 | 176 | +26.1% |
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| Income Before Taxes | 222 | 176 | +26.1% |
| Income Tax Expense (Benefit) (Q) | — | — | — |
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| Reportable Segment | 9 | 37 | -75.7% |
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| Income Tax Expense (Benefit) | 9 | 37 | -75.7% |
| Net Income (Q) | — | — | — |
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| Reportable Segment | 213 | 139 | +53.2% |
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| Net Income | 213 | 139 | +53.2% |
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| Common Class A | 201 | 130 | +54.6% |
| Common Class B | 12 | 9 | +33.3% |
| Net Income Loss Attributable To Noncontrolling Interest (Q) | — | — | — |
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| Reportable Segment | 0 | -2 | +100.0% |
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| Net Income Loss Attributable To Noncontrolling Interest | 0 | -2 | +100.0% |
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| Common Class A | 0 | -2 | +100.0% |
| Net Income (Q) | — | — | — |
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| Reportable Segment | 213 | 141 | +51.1% |
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| Net Income | 213 | 141 | +51.1% |
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| Common Class A | 201 | 132 | +52.3% |
| Common Class B | 12 | 9 | +33.3% |
| EPS (Basic) (Q) | — | — | — |
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| EPS (Basic) | 0.49 | 0.34 | +44.1% |
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| Common Class A | 0.49 | 0.34 | +44.1% |
| Common Class B | 0.49 | 0.34 | +44.1% |
| EPS (Diluted) (Q) | — | — | — |
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| EPS (Diluted) | 0.48 | 0.33 | +45.5% |
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| Common Class A | 0.48 | 0.33 | +45.5% |
| Common Class B | 0.48 | 0.33 | +45.5% |
| Wtd Avg Shares (Basic) (Q) | — | — | — |
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| Wtd Avg Shares (Basic) | 1,867 | 1,848 | +1.0% |
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| Common Class A | 1,984 | 2,067 | -4.0% |
| Common Class B | -117 | -219 | +46.6% |
| Wtd Avg Shares (Diluted) (Q) | — | — | — |
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| Wtd Avg Shares (Diluted) | 1,075 | 20,539 | -94.8% |
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| Common Class A | 1,192 | 20,758 | -94.3% |
| Common Class B | -117 | -219 | +46.6% |
| Comprehensive Income (Q) | — | — | — |
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| Comprehensive Income | 206 | -88 | +334.1% |
Balance Sheet
| Metric | Q4 2025 | Q4 2024 | YoY |
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| Current Assets | |||
| Cash & Cash Equivalents (Q) | — | — | — |
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| Bank Time Deposits | 26 | — | — |
| Money Market Funds | 1,905 | 2,272 | -16.2% |
| US Treasury Securities | 1 | 15 | -93.3% |
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| Cash & Cash Equivalents | 4,378 | 4,019 | +8.9% |
| Restricted Cash Current (Q) | — | — | — |
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| Restricted Cash Current | 273 | 190 | +43.7% |
| Available For Sale Securities Debt Securities Current (Q) | — | — | — |
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| Fair Value Inputs Level1 · Mutual Fund | 59 | 53 | +11.3% |
| Fair Value Inputs Level2 · Certificates Of Deposit | 25 | 39 | -35.9% |
| Fair Value Inputs Level2 · Commercial Paper | 32 | 76 | -57.9% |
| Fair Value Inputs Level2 · Corporate Debt Securities | 470 | 509 | -7.7% |
| Fair Value Inputs Level2 · US Government Agencies Debt Securities | 30 | 33 | -9.1% |
| Fair Value Inputs Level2 · US Treasury Securities | 361 | 612 | -41.0% |
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| Bank Time Deposits | 151 | — | — |
| Certificates Of Deposit | 25 | 39 | -35.9% |
| Commercial Paper | 32 | 76 | -57.9% |
| Corporate Debt Securities | 470 | 509 | -7.7% |
| Mutual Fund | 59 | 53 | +11.3% |
| US Government Agencies Debt Securities | 30 | 33 | -9.1% |
| US Treasury Securities | 361 | 612 | -41.0% |
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| Available For Sale Securities Debt Securities Current | 1,128 | 1,322 | -14.7% |
| Funds Held At Payment Processors (Q) | — | — | — |
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| Funds Held At Payment Processors | 587 | 436 | +34.6% |
| Accounts Receivable (Q) | — | — | — |
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| Accounts Receivable | 1,108 | 732 | +51.4% |
| Prepaid Expenses & Other Current Assets (Q) | — | — | — |
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| Prepaid Expenses & Other Current Assets | 1,169 | 687 | +70.2% |
| Total Current Assets (Q) | — | — | — |
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| Total Current Assets | 8,643 | 7,386 | +17.0% |
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| Available For Sale Securities Debt Securities Noncurrent (Q) | — | — | — |
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| Fair Value Inputs Level2 · Corporate Debt Securities | 464 | 420 | +10.5% |
| Fair Value Inputs Level2 · US Government Agencies Debt Securities | 91 | 74 | +23.0% |
| Fair Value Inputs Level2 · US Treasury Securities | 282 | 339 | -16.8% |
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| Corporate Debt Securities | 464 | 420 | +10.5% |
| US Government Agencies Debt Securities | 91 | 74 | +23.0% |
| US Treasury Securities | 282 | 339 | -16.8% |
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| Available For Sale Securities Debt Securities Noncurrent | 837 | 835 | +0.2% |
| Operating Lease Right-of-Use Assets (Q) | — | — | — |
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| Operating Lease Right-of-Use Assets | 437 | 389 | +12.3% |
| Goodwill (Q) | — | — | — |
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| Goodwill | 5,519 | 2,315 | +138.4% |
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| SevenRooms Acquisition | 886 | — | — |
| Other Non-Current Assets (Q) | — | — | — |
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| Other Non-Current Assets | 896 | 632 | +41.8% |
| Total Assets (Q) | — | — | — |
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| Total Assets | 19,659 | 12,845 | +53.0% |
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| Variable Interest Entity Primary Beneficiary | 57 | 32 | +78.1% |
| Intangible Assets (Q) | — | — | — |
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| Intangible Assets | 2,260 | 510 | +343.1% |
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| Assembled workforce in asset acquisitions | 4 | 7 | -42.9% |
| Customer Relationships | 629 | 15 | +4093.3% |
| Merchant relationships | 732 | 204 | +258.8% |
| Rider relationships | 12 | — | — |
| Technology Based Intangible Assets | 400 | 90 | +344.4% |
| Trademarks And Trade Names | 483 | 194 | +149.0% |
| 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 | 1,067 | 778 | +37.1% |
| Intangible Assets Net Excluding Goodwill (Q) | — | — | — |
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| Intangible Assets Net Excluding Goodwill | 2,260 | 510 | +343.1% |
| Current Liabilities | |||
| Accounts Payable (Q) | — | — | — |
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| Accounts Payable | 397 | 321 | +23.7% |
| Operating Lease Liability Current (Q) | — | — | — |
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| Operating Lease Liability Current | 105 | 68 | +54.4% |
| Accrued Liabilities (Q) | — | — | — |
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| Accrued Liabilities | 5,645 | 4,049 | +39.4% |
| Total Current Liabilities (Q) | — | — | — |
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| Total Current Liabilities | 6,147 | 4,438 | +38.5% |
| Deferred Revenue (Current) (Q) | — | — | — |
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| Deferred Revenue (Current) | 547 | 396 | +38.1% |
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| Operating Lease Liabilities (Q) | — | — | — |
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| Operating Lease Liabilities | 461 | 468 | -1.5% |
| Other Non-Current Liabilities (Q) | — | — | — |
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| Other Non-Current Liabilities | 281 | 129 | +117.8% |
| Total Liabilities (Q) | — | — | — |
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| Total Liabilities | 9,613 | 5,035 | +90.9% |
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| Variable Interest Entity Primary Beneficiary | 7 | 8 | -12.5% |
| Long-Term Debt (Q) | — | — | — |
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| Convertible Senior Notes Due 2030 | 2,724 | — | — |
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| Convertible Long Term Notes Payable (Q) | — | — | — |
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| Convertible Long Term Notes Payable | 2,724 | — | — |
| Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests (Q) | — | — | — |
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| Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests | 13 | 7 | +85.7% |
| Stockholders' Equity | |||
| Additional Paid-In Capital (Q) | — | — | — |
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| Additional Paid-In Capital | 14,092 | 13,165 | +7.0% |
| Accumulated Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | 261 | -107 | +343.9% |
| Retained Earnings (Q) | — | — | — |
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| Retained Earnings | -4,320 | -5,255 | +17.8% |
| Total Stockholders' Equity (Q) | — | — | — |
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| Accumulated Other Comprehensive Income | 261 | -107 | +343.9% |
| Additional Paid In Capital | 14,092 | 13,165 | +7.0% |
| Retained Earnings | -4,320 | -5,255 | +17.8% |
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| Total Stockholders' Equity | 10,033 | 7,803 | +28.6% |
| Total Liabilities & Equity (Q) | — | — | — |
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| Total Liabilities & Equity | 19,659 | 12,845 | +53.0% |
Cash Flow Statement
| Metric | YTD Q4 2025 | YTD Q4 2024 | YoY |
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| Operating Activities | |||
| Stock-Based Compensation (Q) | — | — | — |
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| Stock-Based Compensation | 276 | 271 | +1.8% |
| Reduction Of Operating Lease Right Of Use Assets And Accretion Of Operating Lease Liabilities (Q) | — | — | — |
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| Reduction Of Operating Lease Right Of Use Assets And Accretion Of Operating Lease Liabilities | 35 | 26 | +34.6% |
| Capitalized Contract Cost Amortization (Q) | — | — | — |
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| Capitalized Contract Cost Amortization | 22 | 17 | +29.4% |
| Operating Lease Impairment Loss (Q) | — | — | — |
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| Operating Lease Impairment Loss | 4 | 0 | — |
| Other Operating Activities Cash Flow Statement (Q) | — | — | — |
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| Other Operating Activities Cash Flow Statement | -8 | -14 | +42.9% |
| Increase Decrease In Funds Held At Payment Processors (Q) | — | — | — |
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| Increase Decrease In Funds Held At Payment Processors | -187 | -111 | -68.5% |
| Change in Accounts Receivable (Q) | — | — | — |
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| Change in Accounts Receivable | -197 | -120 | -64.2% |
| Increase Decrease In Prepaid Expense And Other Current Assets (Q) | — | — | — |
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| Increase Decrease In Prepaid Expense And Other Current Assets | -52 | 63 | -182.5% |
| Increase Decrease In Other Noncurrent Assets (Q) | — | — | — |
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| Increase Decrease In Other Noncurrent Assets | -47 | -368 | +87.2% |
| Change in Accounts Payable (Q) | — | — | — |
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| Change in Accounts Payable | 114 | 113 | +0.9% |
| Increase Decrease In Accrued Liabilities (Q) | — | — | — |
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| Increase Decrease In Accrued Liabilities | 81 | 449 | -82.0% |
| Operating Lease Payments (Q) | — | — | — |
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| Operating Lease Payments | -38 | -33 | -15.2% |
| Change in Other Liabilities (Q) | — | — | — |
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| Change in Other Liabilities | -33 | -59 | +44.1% |
| Net Cash from Operations (Q) | — | — | — |
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| Net Cash from Operations | 421 | 518 | -18.7% |
| Investing Activities | |||
| Capital Expenditures (Q) | — | — | — |
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| Capital Expenditures | -54 | -32 | -68.8% |
| Payments To Develop Software (Q) | — | — | — |
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| Payments To Develop Software | -113 | -66 | -71.2% |
| Purchases of Investments (Q) | — | — | — |
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| Purchases of Investments | -268 | -424 | +36.8% |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities (Q) | — | — | — |
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| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 333 | 293 | +13.7% |
| Proceeds From Sale Of Available For Sale Securities Debt (Q) | — | — | — |
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| Proceeds From Sale Of Available For Sale Securities Debt | 4 | 66 | -93.9% |
| Net Cash from Investing (Q) | — | — | — |
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| Net Cash from Investing | -3,117 | -163 | -1812.3% |
| Financing Activities | |||
| Proceeds From Stock Options Exercised (Q) | — | — | — |
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| Proceeds From Stock Options Exercised | 1 | 7 | -85.7% |
| Proceeds From Payments For Other Financing Activities (Q) | — | — | — |
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| Proceeds From Payments For Other Financing Activities | 0 | 0 | — |
| Net Cash from Financing (Q) | — | — | — |
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| Net Cash from Financing | -19 | 7 | -371.4% |
| Supplemental | |||
| Unpaid Capital Expenditures (Q) | — | — | — |
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| Unpaid Capital Expenditures | -5 | 19 | -126.3% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -3 | -39 | +92.3% |
| Net Change in Cash (Q) | — | — | — |
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| Net Change in Cash | -2,718 | 323 | -941.5% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) | — | — | — |
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| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 4,681 | 4,221 | +10.9% |
Values in millions USD. Source: SEC EDGAR 10-K filing.