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DoorDashDASH

$91.7B market cap
DoorDashDASH
Revenue

Revenue: is the business selling more than it used to?

$13.7B+28% YoYFY 2025

0.00$10.0B201820192020202120222023202420252026$15.9B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Revenue reached $13.7B in 2025, compounding +28% a year since 2022 though the pace has cooled. The trailing twelve months are already running at $15.9B, ahead of the last full year.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Net income

Net income: how much of that revenue becomes profit?

$935M+660% YoYFY 2025

$-1.0B0.00$1.0B20182019202020212022202320242025$935M2026$841M

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Net income was $935M in 2025, against $123M the year before. Trailing twelve-month profit stands at $841M.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Growth rate

How fast is it growing, year by year?

+27.9%revenue growth, FY 2025

0.0%100%200%2019202020212022202320242025Revenue growth 28%

Off the axis: 2025 earnings +660.2% - rebounds off a collapsed prior year.

Revenue grew +28% in 2025 against a five-year average of +37%. 2025's +660% earnings rebound off a collapsed base sits off the axis.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Per-share growth

Revenue per share: is your slice growing as fast as the company?

$31.20revenue per share, FY 2025

0.0020.002019202020212022202320242025202636.145.90

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

Revenue per share reached $31.20 in 2025, compounding +21% a year against +28% for DASH as a whole. Dilution absorbed about 7.0 points of that growth. Free cash flow per share stands at $4.94.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Free cash flow

Free cash flow: what is left in real cash after everything?

$2.2B+7% YoYFY 2025

0.00$2.0B201820192020202120222023202420252026$2.6B

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

Free cash flow was $2.2B in 2025, compounding +125% a year since 2022. That is the most cash the business has ever thrown off in a year. The trailing twelve months stand at $2.6B.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Cash conversion

How much of every sales dollar ends up as free cash?

-50%0.0%201820192020202120222023202419%2025202616%

◌ 2026 = trailing twelve months to the latest filed quarter, not a full fiscal year

16 cents of every sales dollar became free cash in 2025, up 13 points since 2022.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Spending intensity

What does staying competitive cost, per dollar of sales?

0.0%10%2018201920202021202220232024202520261.5%11%7.0%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

The biggest claim on each sales dollar is research and development, at 10% of revenue (stock compensation 8%, capital spending 2%). That share has fallen since 2022, so the cost of competing is easing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Margins

Margins: of every $1 of sales, how much survives each cost layer?

-50%0.0%2018201920202021202220232024202520264.5%5.3%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

Operating margin widened 22 points to 5% since 2022. After everything, 7 cents of each sales dollar reaches net profit. DASH doesn't tag a gross-profit line in its filings, so the chart starts at operating margin.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Returns on capital

What does it earn on the money it uses?

-50%0.0%50%2018201920202021202220232024202520268.5%4.3%5.4%

2026 = trailing twelve months to the latest filed quarter (2026-06-30), not a full fiscal year

ROE of 8% and ROCE of 5% sit close together, so the returns come from the business itself rather than from borrowing.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Valuation history

What has the market paid for DASH over time?

110.7xP/E today

0.005.0010.002021202220232024202520265-year median 5.3xP/S 5.77

2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

At 5.8x sales, the market is paying about what it has typically paid DASH's own 5-year median of 5.3x. Neither a bargain nor a stretch by its own standard.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Free cash flow yield

What cash return does the business throw off per dollar of market value?

2.8%FCF yield today

0.0%2.0%4.0%2021202220232024202520265-year median 2.3%FCF yield 2.8%

2026 = at the latest close (2026-09-04), over the trailing twelve months; earlier years are annual averages

Every dollar of market value currently buys 2.8% of annual free cash flow, more than its 5-year median of 2.3% - the cash is cheaper than usual.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Debt & cash

Could it handle its debt if things went wrong?

0.00$2.0B$4.0B2017201820192020202120222023202420252026Cash & investments $4.4B

Debt isn't clearly tagged in DASH's filings, so treat the balance sheet with extra care rather than assuming zero.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Shareholders' equity

Is the company's own capital growing?

0.00$5.0B$10.0B201720182019202020212022202320242025$10.0B2026$9.9B

The company's own capital grew from $6.8B in 2023 to $9.9B (+46%). The business is building book value rather than consuming it.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Capital returned

How much goes back, and how much leaks out as stock comp?

0.00$500M$1.0B201820192020202120222023202420252026

DASH returned no cash to shareholders in the latest filed year: everything is being retained or reinvested.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Dilution rate

How fast is your ownership being diluted - or concentrated?

0.0%20%40%202044%202120222023202420252.2%

The share count grew 2.2% in 2025, averaging 5.8% a year over three years. Your slice of the company shrinks by that much each year unless earnings grow faster.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Return on capital employed

Does DASH earn more on its capital than that capital costs?

-25%0.0%201920202021202220232024202510% cost of capitalreturn on capital 5.4%

DASH earns 5.4% on the capital it employs, below the 10% most investors treat as the cost of capital. That is the highest in DASH's filed history.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Dilution against what it bought

DASH has issued or retired shares - did shareholders end up better off?

05002019202020212022202320242025203762

DASH issued +103% more shares from 2019 to 2025, but revenue per share still rose +662%. The dilution bought more growth than it cost existing holders.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

DoorDashDASH
Insider flow

Are the people running it buying or selling?

$50M0.00Feb '26Mar '26May '26Jun '26Jul '26Aug '26Sep '26

Insiders bought $6,237 and sold $109M on the open market, a net sale of $109M. A further 13 filings were grants, option exercises or tax withholding, which say nothing either way.

Source: SEC EDGAR (XBRL company facts) · as at 2026-06-30

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