DASH · 10-Q · 2026Q3

DoorDash, Inc.

Filed 2026-10-30 · Other · View original filing on EDGAR

Everything DASH's SEC filings said, ranked

Ranked Events

• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  DoorDash entered into a merger agreement to acquire Instacart for $65.00 per share, representing an equity value of approximately $17 billion. Instacart stockholders may elect $65.00 cash, 0.3372 DoorDash shares, or a…
• Capital Expenditure ProgramImportance 69 · Surprise 64
  For the first nine months of 2026, DoorDash used $603 million in investing activities, including $375 million for capitalized software and website development and $208 million for property and equipment, totaling $583…
• Operating Margin DriversImportance 64 · Surprise 56
  Third-quarter net revenue margin decreased to 13.6% from 13.8%, primarily due to the Deliveroo acquisition. Consumer fees as a percentage of Marketplace GOV declined, partly offset by increased advertising revenue…
• Gross Margin DriversImportance 64 · Surprise 56
  Third-quarter GAAP gross profit increased to $2.311 billion from $1.689 billion, while gross margin declined to 50.1% from 49.0%. For the first nine months, gross profit rose to $6.478 billion from $4.775 billion, and…
• Revenue Performance and MixImportance 64 · Surprise 56
  Third-quarter 2026 revenue increased $1.2 billion, or 34%, year over year to $4.616 billion; revenue for the first nine months increased $3.3 billion, or 34%, to $13.106 billion. Marketplace GOV rose 36% in both…
• Market Demand TrendsImportance 59 · Surprise 48
  In the third quarter of 2026, Total Orders rose 28% year over year to 993 million, driven primarily by growth in the number of consumers and the acquisition of Deliveroo plc. Marketplace GOV increased 36% to $33.9…
• Capital Return ProgramImportance 50 · Surprise 24
  DoorDash’s February 2025 share repurchase authorization permits repurchases of up to $5.0 billion of Class A common stock, including $876 million of remaining authority from the program announced in February 2024.…
• Operating Cash Flow TrendsImportance 42 · Surprise 14
  Third-quarter 2026 net cash provided by operating activities was $994 million, compared with $871 million in the third quarter of 2025. Free Cash Flow increased to $787 million from $723 million, as higher operating…
• Operating Expense TrendsImportance 41 · Surprise 38
  Sales and marketing expense rose 33%, or $189 million, in the third quarter and 32%, or $563 million, in the first nine months of 2026; the quarterly increase included $127 million more advertising expense and $59…
• Liquidity and Debt PositionImportance 37 · Surprise 6
  At September 30, 2026, cash, cash equivalents, and investments totaled $6.8 billion, comprising $5.1 billion of cash and cash equivalents, $929 million of short-term investments, and $805 million of long-term…
• Interest Income TrendsImportance 29 · Surprise 38
  Net interest income declined $34 million, or 48%, in the third quarter of 2026 compared with the third quarter of 2025. For the first nine months of 2026, it declined $63 million, or 37%, year over year. Both decreases…
• Restructuring ChargesImportance 28 · Surprise 42
  Restructuring charges increased by $49 million in the first nine months of 2026 compared with the same period of 2025. The increase primarily reflected employee termination costs and other costs associated with closing…
• Regulatory RiskImportance 23 · Surprise 24
  DoorDash identifies certain legal, tax, and regulatory expenses, including costs primarily related to worker classification, its historical Dasher pay model and practices, sales and indirect tax matters, labor-law…
• Global Platform ExpansionImportance 23 · Surprise 24
  DoorDash's Marketplaces operate in more than 40 countries and include the DoorDash, Wolt, and Deliveroo Marketplaces. Management identifies continued investment in non-U.S. operations and its global technology platform…
• Income Tax Rate ChangesImportance 23 · Surprise 24
  DoorDash maintains a valuation allowance against its U.S. federal and state net deferred tax assets. Based on U.S. profitability through the first nine months of 2026 and anticipated future earnings, management sees a…
• FX / Currency HeadwindsImportance 6 · Surprise 6
  Other income (expense), net includes gains and losses on transactions denominated in currencies other than the functional currency. For the first nine months of 2026, the year-over-year increase in other income…
• Other Income (Expense), NetImportance 6 · Surprise 24
  Other income (expense), net improved by $86 million in the third quarter of 2026 compared with the third quarter of 2025. The quarterly change primarily reflected the fair-value change in the Deliveroo deal-contingent…

Revenue by Geography (in millions)