DoorDash income statement
In fiscal 2025, DoorDash reported revenue of $13.72bn, up 27.9% on the year before, operating income of $723m (a 5.3% margin) and net income of $935m, or $2.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.3 | 0.9 | 2.9 | 4.9 | 6.6 | 8.6 | 10.7 | 13.7 | 17.1 |
| Research and development | 0.1 | 0.1 | 0.3 | 0.4 | 0.8 | 1.0 | 1.2 | 1.4 | 1.9 |
| Selling and marketing | 0.1 | 0.6 | 1.0 | 1.6 | 1.7 | 1.9 | 2.0 | 2.5 | 3.0 |
| General and administrative | 0.1 | 0.2 | 0.6 | 0.8 | 1.1 | 1.2 | 1.5 | 1.6 | 1.9 |
| Operating income | −0.2 | −0.6 | −0.4 | −0.5 | −1.1 | −0.6 | −0.0 | 0.7 | 0.9 |
| Interest expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — |
| Provision for credit losses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — | — |
| Income before tax | −0.2 | −0.7 | −0.5 | −0.5 | −1.4 | −0.5 | 0.2 | 0.9 | 1.1 |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net income | −0.2 | −0.7 | −0.5 | −0.5 | −1.4 | −0.6 | 0.1 | 0.9 | 1.1 |
| Diluted EPS | −$4.67 | −$15.44 | −$7.39 | −$1.39 | −$3.68 | −$1.42 | $0.29 | $2.13 | $2.41 |
| Diluted shares (average) | 44m | 43m | 62m | 337m | 371m | 393m | 430m | 440m | 441m |
| EBITDA | −0.2 | −0.6 | −0.3 | −0.3 | −0.8 | −0.1 | 0.5 | 1.5 | 2.0 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,873 | 3,032 | 3,284 | 3,446 | 3,955 | 4,036 | 4,454 | 4,616 |
| Research and development | 297 | 306 | 351 | 355 | 419 | 398 | 535 | 499 |
| Selling and marketing | 541 | 586 | 607 | 576 | 707 | 746 | 821 | 765 |
| General and administrative | 324 | 332 | 388 | 400 | 480 | 432 | 538 | 426 |
| Operating income | 117 | 155 | 163 | 258 | 147 | 151 | 156 | 442 |
| Income before tax | 176 | 198 | 271 | 248 | 222 | 191 | 207 | 484 |
| Income tax | 37 | 6 | −13 | 5 | 9 | 8 | 8 | 19 |
| Net income | 141 | 193 | 285 | 244 | 213 | 184 | 200 | 466 |
| Diluted EPS | $0.33 | $0.44 | $0.65 | $0.55 | $0.48 | $0.42 | $0.46 | $1.06 |
| EBITDA | 258 | 307 | 322 | 427 | 414 | 420 | 451 | 754 |
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