— Know what they know.
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Not Investment Advice

DASH

NASDAQ · USD
DoorDash, Inc.
Communication Services · Internet Content & Information
CEO Tony Xu Employees 31,400 R&D / revenue 10.4%
Last price
$189.15−2.02%last session
Market cap
$82.0B
P/E (TTM)
97.5x
From 52w high
−29.7%
From 52w low
+32.0%
1-year return
−29.1%
RSI 14 · vs SMA200
45.5 · +2.4%
IS score
65.9/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

DASH   SPY   XLC (sector ETF) · weekly closes
6080100120Jan 26Apr 26Jul 26Oct 26SPY 116XLC 97DASH 71

Score DNA

Each bar is a 0-100 score within the scored universe
37
Profitability
64
Growth
21
Value
90
Momentum
100
Risk (safety)
72
Quality
84
Balance sheet
70
Earnings quality

Flags

Strengths
✓ Net cash✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: Narrow, Network EffectsPiotroski 6 / 9Altman Z 5.8Beta 1.793 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
142 open-market sales, $135.2M
Form 144 notices (12m): 49, $223.0M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
15
Last disclosed purchase 2026-08-10
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+31
169 new holders, 129 closed
1,049 filers hold 89.1% · 410 added, 356 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+175
1,207 funds adding shares
1,032 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
50.2%
20-day avg 48.1%, 50-day avg 51.1%
Latest 2.1 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$13.7B
Revenue growth YoY+27.9%
Gross margin50.9%
Operating income$723.0M
Operating margin5.3%
Net income$935.0M
Net margin6.8%
EPS (diluted)$2.13
Cash flow
Operating cash flow$2.4B
Capital expenditure$257.0M
Free cash flow$2.2B
FCF conversion (FCF / OCF)89.4%
Stock-based compensation$1.1B
FCF less SBC$1.1B
Buybacks$0
Dividends$0
Balance sheet & returns
Cash & short-term investments$5.5B
Total debt$3.3B
Net cash$2.2B
Shareholders' equity$10.0B
Goodwill & intangibles$7.8B
Debt / equity0.33
ROE (TTM)8.5%
ROIC (TTM)7.2%
Operating margin by fiscal year
-9.2%FY2021-17.1%FY2022-6.7%FY2023-0.4%FY20245.3%FY2025
Revenue $4.9B (FY2021) to $13.7B (FY2025), a 29.4% CAGR.

Valuation

P/E (TTM)97.5x
EV / EBITDA43.3x
Price / sales5.16x
Price / FCF34.2x
FCF yield2.92%
Buyback yield0.00%
SBC / revenue7.0%
Price / book8.28x
Forward P/E FY202672.7x
Forward P/E FY202740.1x
Forward P/E FY202826.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $250.50 across 12 analysts last quarter is theirs, not ours.

DASH vs industry median

171 companies in Internet Content & Information
Gross margin 51.4% 46.9% Operating margin 6.3% -2.7% Net margin 5.3% -3.6% ROIC 7.2% 5.5%
DASH (TTM)Industry median Asset turnover 0.81 vs industry 0.61 · financial leverage 1.97

Earnings delivery

Next report 2026-11-04 · consensus EPS $0.81
42%
beat rate, 5 of 12 quarters
−1.9%
median EPS surprise
2
longest beat streak
+58-160-40-309+73-2+12+48-19-19+16-2
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-08-05. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
DASH DoorDash, Inc. $82.0B97.5x8.5%5.3%+27.9% −29.1%
RDDT Reddit, Inc. $30.0B34.1x30.7%31.4%+66.6% −21.6%
PINS Pinterest, Inc. $12.4B62.6x6.5%-4.0%+16.6% −32.8%
SNAP Snap Inc. $10.3Bn/m-15.6%-10.3%+12.6% −21.1%
MTCH Match Group, Inc. $9.9B14.4x-302.5%20.0%+1.7% +35.8%
WBD Warner Bros. Discovery, Inc. $77.6Bn/m-9.2%1.7%−6.1% —
CMCSA Comcast Corporation $77.5B7.1x12.0%11.8%+0.6% —
T AT&T Inc. $160.6B7.7x19.9%14.7%+2.6% —
12-month window: SPY +15.9%, sector ETF XLC −3.4%. Past returns describe history only.

Recent 8-K filings

2026-09-18Other Events; Exhibits
2026-08-11Shareholder Vote
2026-08-05Earnings Release; Regulation FD; Exhibits
2026-06-12Shareholder Vote; Other Events
2026-05-06Earnings Release; Regulation FD; Exhibits
2026-02-18Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits

Context

Shares outstanding433,297,969
Free float87.3%
Institutional ownership89.1%
Beta1.79
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$205.41 / $184.98
Large-cap Communication Services median P/E16.1x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where DASH sits among 32 scored companies in Internet Content & Information (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureDASHIndustry medianIndustry percentileSector median
P/E (TTM) 97.6x 14.6x
89th		 16.6x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 5.2x 2.2x
74th		 1.6x
Price / book 8.3x 1.9x
90th		 2.1x
Price / tangible book 33.5x 3.7x
96th		 3.7x
Price / free cash flow 34.2x 13.2x
77th		 10.4x
Price / operating cash flow 29.0x 11.6x
81st		 8.9x
Enterprise value $79.9B $1.7B
90th		 $3.9B
EV / sales 5.0x 2.2x
73rd		 2.2x
EV / EBITDA 42.8x 11.2x
95th		 10.0x
EV / EBIT 92.0x 13.3x
95th		 15.8x
EV / free cash flow 33.3x 12.1x
77th		 17.3x
Earnings yield 1.0% 2.5%
45th		 2.4%
FCF yield 2.9% 5.0%
35th		 6.6%
Operating cash flow yield 3.5% 7.4%
29th		 10.7%
Graham number (per share) $31.17 $18.65
72nd		 $31.22

Profitability (TTM)

MeasureDASHIndustry medianIndustry percentileSector median
Gross margin 51.4% 72.9%
29th		 51.5%
EBITDA margin 11.8% 11.9%
48th		 18.1%
Operating margin 6.3% 5.2%
55th		 9.7%
EBIT margin 5.5% 6.8%
45th		 9.3%
Net margin 5.3% 5.8%
45th		 5.3%
NOPAT margin 6.1% 4.5%
55th		 7.1%
FCF margin 15.1% 12.3%
55th		 10.5%
Operating cash flow margin 17.8% 18.5%
48th		 17.4%
R&D / revenue 10.7% 15.8%
32nd		 0.0%
SG&A / revenue 29.6% 36.3%
28th		 26.0%
Stock comp / revenue 7.0% 6.3%
57th		 1.7%
Effective tax rate 3.1% 21.0%
10th		 21.0%

Returns on capital

MeasureDASHIndustry medianIndustry percentileSector median
ROE (on average equity) 8.9% 7.3%
55th		 7.6%
ROA 4.6% 4.0%
52nd		 3.1%
ROIC 12.4% 7.6%
65th		 7.6%
ROCE 6.5% 6.9%
48th		 7.2%
Return on tangible assets 4.8% 4.7%
52nd		 5.5%
Cash ROIC (OCF / invested capital) 35.9% 32.0%
58th		 15.6%
Gross profitability (GP / assets) 41.8% 40.0%
55th		 26.4%
ROIC, 3-yr average 1.7% 4.7%
33rd		 4.1%
ROIC, 5-yr average -23.3% 6.3%
9th		 3.7%
ROE, 5-yr average -3.5% 2.5%
39th		 5.0%
Incremental ROIC 20.8% -0.1%
77th		 1.0%

Growth

MeasureDASHIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 33.6% 13.0%
93rd		 7.2%
Revenue growth (QoQ) 10.4% 6.4%
74th		 4.0%
Revenue CAGR, 3 yr 27.4% 12.9%
92nd		 5.0%
Revenue CAGR, 5 yr 37.1% 13.8%
83rd		 7.4%
Gross profit CAGR, 3 yr 32.2% 10.5%
92nd		 6.4%
Operating income CAGR, 3 yr —
Net income growth (TTM YoY) 7.6% 38.0%
25th		 12.6%
Net income CAGR, 3 yr —
EPS growth (TTM YoY) 7.3% 55.7%
31st		 15.5%
EPS CAGR, 3 yr —
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 39.9% 18.1%
78th		 20.6%
FCF CAGR, 3 yr 54.3% 22.9%
74th		 16.7%
Operating cash flow CAGR, 3 yr 40.9% 23.3%
74th		 13.1%
Book value CAGR, 3 yr 11.1% 5.8%
61st		 3.9%
Dividend CAGR, 3 yr —
Sustainable growth rate 8.9% 15.5%
41st		 7.7%

Margin history & stability

MeasureDASHIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 49.5% 72.7%
23rd		 52.4%
Operating margin, 3-yr average 2.0% 2.0%
50th		 7.5%
Net margin, 3-yr average 2.5% 3.9%
46th		 4.7%
FCF margin, 3-yr average 15.6% 11.8%
57th		 9.7%
Revenue stability (0-1) 0.98 0.93
90th		 0.83
Earnings stability (0-1) 0.58 0.50
60th		 0.30
Margin stability (0-1) 0.95 0.96
37th		 0.88

Liquidity (latest quarter)

MeasureDASHIndustry medianIndustry percentileSector median
Cash & short-term investments $5.3B $424.6M
90th		 $479.5M
Net cash (− = net debt) $2.0B $130.6M
90th		 −$532.8M
Working capital $2.3B $219.9M
81st		 $125.0M
Current ratio 1.37 2.00
23rd		 1.28
Quick ratio 1.37 2.00
23rd		 1.28
Cash ratio (cash + ST investments / current liabilities) 0.87 1.03
35th		 0.70
Defensive interval (days) 339 days 380 days
45th		 395 days

Leverage & solvency (latest quarter)

MeasureDASHIndustry medianIndustry percentileSector median
Total debt $3.3B $379.7M
87th		 $1.2B
Debt / equity 0.33 0.18
59th		 0.67
Net debt / equity −0.21 −0.16
34th		 0.37
Debt / assets 16.9% 12.2%
58th		 30.9%
Debt / capital 25.0% 15.0%
59th		 40.7%
Debt / EBITDA 1.77 0.84
67th		 3.03
Net debt / EBITDA −1.09 −0.35
25th		 1.41
Interest coverage (EBIT / interest) —
Cash interest coverage —
Debt payback (years of OCF) 1.2 yrs 1.0 yrs
59th		 2.8 yrs
Liabilities / assets 49.2% 38.4%
65th		 56.1%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 125
13th		 400

Efficiency

MeasureDASHIndustry medianIndustry percentileSector median
Asset turnover 0.87 0.62
71st		 0.52
Fixed asset turnover 9.35 10.70
47th		 3.99
Inventory turnover —
Receivables turnover 16.4 8.3
84th		 8.1
Days sales outstanding 22 days 41 days
17th		 44 days
Days inventory outstanding —
Days payables outstanding 15 days 49 days
6th		 57 days
Cash conversion cycle (days) 7 days 3 days
58th		 1 days
Capex / revenue 2.7% 2.0%
58th		 3.5%
Capex / depreciation 0.43 0.55
37th		 0.60
Operating expense ratio 42.6% 68.3%
24th		 45.3%

Cash flow & earnings quality

MeasureDASHIndustry medianIndustry percentileSector median
Operating cash flow / net income 3.37 1.91
79th		 2.40
FCF / net income 2.85 1.71
74th		 1.69
FCF / operating cash flow 84.7% 90.1%
37th		 72.9%
Capex / operating cash flow 15.3% 9.9%
63rd		 27.1%
Accruals ratio -10.9% -9.6%
45th		 -8.0%
Sloan accruals ratio -20.7% -5.6%
23rd		 -5.6%
Earnings quality score (0-1) 0.75 0.75
21st		 0.75

Dividends & buybacks

MeasureDASHIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.0%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.00
Payout ratio (dividends / net income) 0.0% 0.0%
0th		 5.7%
Dividends / FCF 0.0% 0.0%
0th		 0.0%
Dividend growth (YoY) —
Buyback yield 1.3% 2.3%
39th		 1.7%
Shareholder yield (dividends + buybacks) 1.3% 4.1%
35th		 3.5%
Share count change (YoY) 0.2% -0.2%
57th		 -0.8%
Buybacks, last 5 years $1.4B $248.8M
81st		 $152.3M

Scores & forensic checks

MeasureDASHIndustry medianIndustry percentileSector median
IS score 66 57
74th		 44
IS profitability 37 33
55th		 36
IS growth 64 65
47th		 56
IS value 21 49
0th		 44
IS momentum 90 73
80th		 66
IS risk (safety) 100 65
61st		 30
IS quality 72 69
58th		 58
IS balance sheet 84 79
55th		 48
IS earnings quality 70 52
90th		 58
IS cash flow 78 67
74th		 56
Piotroski F-score (0-9) 6 6
52nd		 5
Altman Z-score 5.8 2.8
71st		 1.7
Beneish M-score −2.48 −2.67
57th		 −2.74
Ohlson O-score −8.77 −8.88
52nd		 −7.27
IS credit score 90 75
74th		 49

Per share

MeasureDASHIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.91 $0.51
71st		 $0.86
Book value per share $22.58 $6.25
84th		 $14.63
Tangible book per share $5.60 $3.38
71st		 $1.25
Revenue per share $36.17 $11.89
87th		 $17.81
FCF per share $5.46 $1.81
97th		 $1.98
Operating cash flow per share $6.44 $1.87
90th		 $2.77
Cash per share $12.17 $2.24
81st		 $3.75

Size (TTM)

MeasureDASHIndustry medianIndustry percentileSector median
Market cap $82.0B $1.9B
90th		 $2.7B
Revenue $15.9B $1.3B
90th		 $1.8B
EBITDA $1.9B $137.4M
90th		 $326.9M
Net income $840.0M $60.0M
87th		 $65.3M
Free cash flow $2.4B $211.2M
90th		 $211.5M
Total assets $19.6B $2.1B
90th		 $3.6B
Shareholders' equity $9.9B $1.1B
90th		 $1.1B
Employees 31,400 1,900
90th		 3,872

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-12Inukonda Ravi
CHIEF FINANCIAL OFFICER
 Option exercise 1,017$7.66$7,790218,928
2026-10-12Inukonda Ravi
CHIEF FINANCIAL OFFICER
 Open-market sale 1,017$195.00$198,315217,911
2026-10-12Inukonda Ravi
CHIEF FINANCIAL OFFICER
 Option exercise 1,017$7.66$7,7902,030
2026-10-02Tang Stanley
Director
 Other 23,125——33,486
2026-10-02Tang Stanley
Director
 Open-market sale 1,000$181.42$181,41932,486
2026-10-02Tang Stanley
Director
 Open-market sale 1,500$182.42$273,62430,986
2026-10-02Tang Stanley
Director
 Open-market sale 3,500$183.50$642,24627,486
2026-10-02Tang Stanley
Director
 Open-market sale 2,900$184.56$535,21024,586
2026-10-02Tang Stanley
Director
 Open-market sale 1,600$185.79$297,26622,986
2026-10-02Tang Stanley
Director
 Open-market sale 1,800$186.62$335,92321,186
2026-10-02Tang Stanley
Director
 Open-market sale 3,999$187.70$750,60817,187
2026-10-02Tang Stanley
Director
 Open-market sale 6,326$188.87$1.2M10,861

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired21462,249—
Open-market saleDisposed142664,882$135.2M
Option exerciseAcquired211,017$79,390
Option exerciseDisposed211,017$79,390
OtherDisposed188,405,439—
OtherAcquired19698,172—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 49 notices · 1,078,398 shares · $223.0M
FiledFilerShares proposedEst. proceeds
2026-10-01Keith Yandell2,183$400,690
2026-09-28Prabir Adarkar8,738$1.7M
2026-09-17Keith Yandell2,184$429,724
2026-09-04Gordon Lee413$91,686
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 63 trades (52 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-11Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-28Gilbert CisnerosHouseSale$1,001 - $15,0002026-09-11
2026-08-10Ro KhannaHousePurchase$1,001 - $15,0002026-09-07
2026-06-09Tim MooreHouseSale$1,001 - $15,0002026-07-10
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
SC US31,595,084$5.8B7.29%
BlackRock, Inc.26,863,944$5.0B6.20%
VANGUARD CAPITAL MANAGEMENT LLC24,446,398$4.5B5.64%
VANGUARD PORTFOLIO MANAGEMENT LLC17,476,520$3.2B4.03%
STATE STREET CORP16,102,666$3.0B3.72%
PRICE T ROWE ASSOCIATES INC /MD/14,721,793$2.7B3.40%
Invesco Ltd.13,058,612$2.4B3.01%
JPMORGAN CHASE & CO12,201,067$2.3B2.82%
Capital Research Global Investors10,944,937$2.0B2.53%
Capital World Investors10,390,570$1.9B2.40%
MORGAN STANLEY9,859,417$1.8B2.28%
GEODE CAPITAL MANAGEMENT, LLC9,080,148$1.7B2.10%
Jupiter Topco LLC8,491,335$1.6B1.96%
Newlands Management Operations LLC7,068,299$1.3B1.63%
BAILLIE GIFFORD & CO6,808,714$1.3B1.57%

Institutional ownership by quarter

2023-092026-0689.1%
% of shares held by 13F filers
2023-092026-061,049
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,04989.1%169410356129
2026-03-311,01883.2%135398392189
2025-12-311,08985.6%189423375177
2025-09-301,10095.7%175501298104
2025-06-301,04480.5%25443826974
2025-03-3187781.3%196410203103
2024-12-3179676.3%17331922059
2024-09-3069774.0%11931020678
2024-06-3066175.2%8731019980
2024-03-3166372.1%15026218450
2023-12-3156873.0%13924212847
2023-09-3048670.0%8119513439

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-29SCHEDULE 13GVanguard Capital Management6.6%27,144,745
2025-05-07SCHEDULE 13G/AThe Vanguard Group10.0%39,828,909
2025-04-30SCHEDULE 13G/AThe Vanguard Group10.0%39,397,286
2025-04-23SCHEDULE 13GBlackRock, Inc.6.1%24,007,000
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.10%$2.3B
VTSAX0.10%$2.3B
VSMPX0.10%$2.3B
VTI0.10%$2.3B
VFINX0.10%$1.8B
VFIAX0.10%$1.8B

Share structure

Shares outstanding433,297,969
Float378,178,240
Free float87.3%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$4.9B$6.6B$8.6B$10.7B$13.7B
Cost of revenue$2.3B$3.6B$4.6B$5.5B$6.7B
Gross profit$2.5B$3.0B$4.0B$5.2B$7.0B
R&D$430.0M$829.0M$1.0B$1.2B$1.4B
SG&A$2.4B$2.8B$3.1B$3.5B$4.1B
Operating income−$452.0M−$1.1B−$579.0M−$38.0M$723.0M
EBITDA−$296.0M−$663.0M−$68.0M$523.0M$1.7B
Pretax income−$463.0M−$1.4B−$534.0M$156.0M$939.0M
Income tax$5.0M−$31.0M$31.0M$39.0M$4.0M
Net income−$468.0M−$1.4B−$558.0M$123.0M$935.0M
EPS, diluted$-1.39$-3.68$-1.42$0.29$2.13
Diluted shares336.8M371.4M392.9M430.2M439.7M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$3.8B$3.5B$4.1B$5.3B$5.5B
Receivables$349.0M$400.0M$696.0M$865.0M$1.1B
Inventory$0$0$0$0$0
Total current assets$4.6B$4.7B$5.6B$7.4B$8.6B
PP&E, net$738.0M$1.1B$1.1B$1.2B$1.5B
Goodwill & intangibles$377.0M$3.1B$3.1B$2.8B$7.8B
Total assets$6.8B$9.8B$10.8B$12.8B$19.7B
Accounts payable$161.0M$157.0M$216.0M$321.0M$397.0M
Total current liabilities$1.8B$2.5B$3.4B$4.4B$6.1B
Long-term debt$0$0$0$0$3.2B
Total liabilities$2.1B$3.0B$4.0B$5.0B$9.6B
Shareholders' equity$4.7B$6.8B$6.8B$7.8B$10.0B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$468.0M−$1.4B−$565.0M$117.0M$932.0M
Depreciation & amortization$156.0M$369.0M$509.0M$561.0M$747.0M
Stock-based compensation$486.0M$889.0M$1.1B$1.1B$1.1B
Change in working capital$435.0M$148.0M$530.0M$252.0M−$525.0M
Operating cash flow$692.0M$367.0M$1.7B$2.1B$2.4B
Capital expenditure−$237.0M−$346.0M−$324.0M−$330.0M−$257.0M
Free cash flow$455.0M$21.0M$1.3B$1.8B$2.2B
Investing cash flow−$2.0B−$300.0M−$342.0M−$444.0M−$4.4B
Net debt issued / repaid−$333.0M$0$0$0$2.0B
Buybacks$0−$400.0M−$750.0M−$224.0M$0
Dividends paid$0$0$0$0$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin52.2%45.5%46.9%48.3%50.9%
Operating margin-9.2%-17.1%-6.7%-0.4%5.3%
Net margin-9.6%-20.7%-6.5%1.1%6.8%
FCF margin9.3%0.3%15.6%16.8%13.3%
ROE-10.0%-23.9%-8.2%1.7%10.5%
ROIC-27.3%-23.7%-14.1%-1.0%8.7%
ROA-7.1%-16.4%-5.4%1.0%5.8%
Debt / equity0.090.080.080.070.37
Interest coveragen/mn/mn/m——
Current ratio2.591.861.641.661.41
Revenue growth+403.9%+34.7%+31.2%+24.2%+27.9%
EPS growth−39.3%−159.5%+60.4%+121.1%+615.9%
P/E at year endn/mn/mn/m568.8x107.3x
EV / EBITDA at year endn/mn/mn/m114.1x64.2x
FCF yield at year end0.89%0.11%3.42%2.58%1.82%
Dividend payout———0.0%0.0%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Reportable Segment———$10.7B$13.7B
Marketplaces and Platform Services—$6.6B$8.6B——
Core Business$4.9B————

Revenue by region · FY2025

UNITED STATES$11.5B · 84%
Non-US$2.3B · 16%

Street estimates by fiscal year

Next report 2026-11-04 · consensus EPS $0.81 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$17.8B$17.1B – $18.1B$2.60$2.20 – $3.002872.7x
2027$21.5B$20.6B – $21.9B$4.71$4.07 – $5.942740.1x
2028$25.6B$24.3B – $28.4B$7.25$5.28 – $10.392326.1x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-05$0.47$0.46−1.7%$4.3B$4.5B+2.6%
2026-05-06$0.36$0.42+15.8%$4.2B$4.0B−2.8%
2026-02-18$0.59$0.48−18.6%$4.0B$4.0B−1.0%
2025-11-05$0.68$0.55−19.5%$3.4B$3.4B+2.7%
2025-08-06$0.44$0.65+48.3%$3.2B$3.3B+3.9%
2025-05-06$0.39$0.44+12.4%$3.1B$3.0B−2.1%
2025-02-11$0.34$0.33−2.1%$2.8B$2.9B+1.1%
2024-10-30$0.22$0.38+72.7%$2.7B$2.7B+1.8%
2024-08-01$-0.09$-0.38−309.5%$2.5B$2.6B+3.6%
2024-05-01$-0.04$-0.06−40.2%$2.5B$2.5B+2.3%
2024-02-15$-0.15$-0.39−160.0%$2.2B$2.3B+2.7%
2023-11-01$-0.45$-0.19+57.8%$2.1B$2.2B+3.5%
2023-08-02$-0.42$-0.44−4.8%$2.1B$2.1B+3.5%
2023-05-04$-0.56$-0.41+26.8%$1.9B$2.0B+5.3%
2023-02-16$-0.70$-0.63+10.0%$1.8B$1.8B+2.7%
2022-11-03$-0.60$-0.77−28.3%$1.6B$1.7B+4.6%
2022-08-04$-0.39$-0.72−84.6%$1.5B$1.6B+5.5%
2022-05-05$-0.38$-0.48−26.3%$1.2B$1.5B+20.6%
2022-02-16$-0.28$-0.45−60.7%$1.3B$1.3B+1.4%
2021-11-09$-0.27$-0.30−11.1%$1.1B$1.3B+11.8%
2021-08-12$-0.20$-0.30−50.0%$1.2B$1.2B0.0%
2021-05-13$-0.23$-0.34−47.8%$745.6M$1.1B+44.4%
2021-02-25$-0.75$-2.67−256.0%$4.7B$970.0M−79.3%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
1.006-151.506-220.906-291.107-060.807-130.907-201.007-271.708-031.408-101.508-171.408-241.308-31
Week ofNotionalSharesTrades
2026-08-31$1.3B5,597,226111,208
2026-08-24$1.4B5,793,842107,275
2026-08-17$1.5B6,850,310105,936
2026-08-10$1.4B6,578,860102,588
2026-08-03$1.7B7,970,667133,447
2026-07-27$1.0B5,216,889101,758

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1550.2%
DateShort shareShort volumeTotal volume
2026-10-1550.2%600,8701,197,588
2026-10-1453.9%869,6721,612,840
2026-10-1366.0%592,766897,845
2026-10-1259.3%492,260830,244
2026-10-0950.4%501,044994,335
2026-10-0847.3%378,097799,711
2026-10-0748.4%411,835850,144
2026-10-0656.6%594,9991,051,977
2026-10-0556.2%530,752943,568
2026-10-0243.7%746,9331,708,174
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+8.1Jan-3.7Feb+0.3Mar-6.0Apr-0.4May+7.2Jun+4.3Jul+1.2Aug+2.3Sep-3.7Oct+8.2Nov-6.6Dec
MonthAvg returnUp yearsYears
Jan+8.1%67%6
Feb−3.7%33%6
Mar+0.3%50%6
Apr−6.0%40%5
May−0.4%60%5
Jun+7.2%60%5
Jul+4.3%80%5
Aug+1.2%40%5
Sep+2.3%60%5
Oct−3.7%20%5
Nov+8.2%60%5
Dec−6.6%33%6
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1445.5
MFI62.1
ADX20.3
Stochastic %K / %D53.1 / 58.6
Williams %R-46.3
CCI19
TSI / signal-10.7 / -14.3
Chaikin money flow0.14
ATR$8.01
Bollinger width9.7%
Volume vs 20-day avg0.76x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$189.75 (−0.3%)
SMA 50$204.92 (−7.7%)
SMA 200$184.78 (+2.4%)
EMA 21$192.78 (−1.9%)
EMA 50$196.13 (−3.6%)
EMA 200$193.45 (−2.2%)
Bollinger upper$198.90 (−4.9%)
Bollinger lower$180.59 (+4.7%)
Parabolic SAR$197.17 (−4.1%)
Open the live chart, 110+ indicators

About DoorDash, Inc.

DoorDash, Inc. operates a comprehensive logistics platform globally and within the United States, linking merchants, consumers, and delivery personnel ('dashers'). Through its primary marketplaces, DoorDash and Wolt, the company provides essential services designed to help merchants overcome critical challenges, including customer acquisition, delivery logistics, data insights and analytics, merchandising support, payment processing, and customer assistance. Additionally, DoorDash offers subscription-based products like DashPass and Wolt+, alongside white-label delivery fulfillment services under DoorDash Drive and Wolt Drive. Its portfolio also includes DoorDash Storefront, which enables merchants to provide on-demand e-commerce access to their customers, and Bbot, a solution offering digital ordering and payment processing for both in-store and online channels. Founded in 2013 as Palo Alto Delivery Inc., the company officially adopted the name DoorDash, Inc. in 2015. It is headquartered in San Francisco, California.

https://www.doordash.com

Key executives

NameTitlePayBorn
Prabir AdarkarPresident & Chief Operating Officer$457,7291978
Keith YandellChief Business Officer$447,5791979
Tony XuCo-Founder, Chief Executive Officer & Chair$431,8641985
Ravi InukondaChief Financial Officer$373,5201977
Tia SherringhamGeneral Counsel & Secretary$366,5361982
Andy FangHead of LaunchPad & Director$357,6101993
Stanley TangHead of DoorDash Labs & Director$357,3991994
Gordon LeeChief Accounting Officer—1979

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Prabir Adarkar Chief Operating Officer and President2025$350,000$15.3M$0$15.7M
Ravi Inukonda Chief Financial Officer2025$350,000$13.2M$0$13.6M
Tia Sherringham General Counsel and Secretary2025$350,000$6.6M$0$7.0M
Keith Yandell Chief Business Officer2025$350,000$4.1M$0$4.5M
Tony Xu Chief Executive Officer2025$300,000$0$0$431,864

Employees

4k20209k202117k202219k202324k202431k2025

Dividends

Ex-dateAmountPaid
None on file.

Moat model

Narrow · Network Effects · 2026-06-30
Cost advantage65
Intangibles55
Switching costs53
Network effect70
Efficient scale52
Our component scores (0-100) and overall 58.3; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms