DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and dashers in the United States and internationally. The company operates DoorDash Marketplace, Wolt Marketplace, and Deliveroo Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers consumer membership programs, DashPass, Wolt+, and Deliveroo Plus; advertising as a value-added service through its marketplaces; and white-label delivery fulfillment services, as well as services that help merchants establish online ordering, build branded mobile apps, manage reservations and in-store dining, manage consumer relationships, enable tableside order and pay, and improve customer support. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $13.7B | $1.5B | $935M | $1.8B | 9.3% | 27.9% | 660.2% |
| 2024 | $10.7B | $523M | $123M | $1.8B | 1.6% | 24.2% | -122.0% |
| 2023 | $8.6B | $-68M | $-558M | $1.3B | -8.2% | 31.2% | -59.1% |
| 2022 | $6.6B | $-663M | $-1.4B | $21M | -20.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 6,583 | 8,635 | 10,722 | 13,717 |
| Cost Of Revenue | - | 3,588 | 4,589 | 5,542 | 6,738 |
| Gross Profit | - | 2,995 | 4,046 | 5,180 | 6,979 |
| Operating Expense | - | 4,027 | 4,623 | 5,218 | 6,254 |
| Operating Income | - | -1,032 | -577 | -38 | 725 |
| EBITDA | - | -663 | -68 | 523 | 1,472 |
| EBIT | - | -1,032 | -577 | -38 | 725 |
| Pretax Income | - | -1,399 | -534 | 156 | 939 |
| Tax Provision | - | -31 | 31 | 39 | 7 |
| Net Income | - | -1,365 | -558 | 123 | 935 |
| Net Income Common Stockholders | - | -1,365 | -558 | 123 | 935 |
| Total Expenses | - | 7,615 | 9,212 | 10,760 | 12,992 |
| Interest Expense | 14 | 2 | - | - | - |
| Interest Income | - | 30 | 152 | 199 | 211 |
| Research And Development | - | 829 | 1,003 | 1,168 | 1,431 |
| Selling General And Administration | - | 2,829 | 3,111 | 3,489 | 4,076 |
| Normalized EBITDA | - | -571 | -66 | 523 | 1,474 |
| Normalized Income | - | -1,275.04 | -556.42 | 123 | 936.99 |
| Market Cap | 77,031.25 | 77,031.25 | 77,031.25 | 77,031.25 | 77,031.25 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| DoorDash, Inc.this co. | DASH | - | 82.39β premium | 7.68 | 9.3% | 51.59 |
| Genuine Parts Company | GPC | $15.3B | 229.41 | 3.42 | 1.5% | 28.11 |
| Aptiv PLC | APTV | $12.8B | 91.48 | 1.64 | 1.8% | 9.40 |
| Best Buy Co., Inc. | BBY | $12.8B | 11.85 | 4.27 | 36.1% | 6.60 |
| Avery Dennison Corporation | AVY | $12.7B | 18.50 |
| - |
| - |
| - |
| - |
| - |
| 5.68 |
| 30.7% |
| 11.71 |
| Amcor plc | AMCR | $12.4B | 35.22 | 1.53 | 4.4% | 18.20 |
| Domino's Pizza, Inc. | DPZ | $12.4B | 20.56 | -3.17 | -15.4% | 16.39 |
| Wynn Resorts, Limited | WYNN | $10.9B | 33.66 | -40.00 | -118.8% | 12.35 |
| Booking Holdings Inc. | BKNG | $5.8B | 25.96 | -25.15 | -96.9% | 15.44 |
| Peer Median | - | 29.81 | 1.59 | 1.6% | 13.90 | |