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Inferra AI / Company / DASH

DoorDash

DASH · Consumer Discretionary

Last earnings Oct 29, 2026

Important announcements

DoorDash to Acquire Instacart to Help Local Stores WinOct 29, 2026

Key results

Revenuequarter

34%

Revenue increased 34% Y Y to $4.6 billion.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

30, 2026 Total Orders 776 903 933 970 993 Total Orders Y Y growth 21 % 32 % 27 % 27 % 28 % Marketplace GOV $ 25,015 $ 29,683 $ 31,604 $ 33,078 $ 33,941 Marketplace GOV Y Y growth 25 % 39 % 37 % 36 % 36 % Revenue $ 3,446 $ 3,955 $ 4,036 $ 4,454 $ 4,616 Revenue Y Y growth 27 % 38 % 33 % 36 % 34 % Net Revenue Margin 13.8 % 13.3 % 12.8 % 13.5 % 13.6 % GAAP gross profit $ 1,689 $ 1,911 $ 1,944 $ 2,223 $ 2,311 GAAP gross profit as a % of Marketplace GOV 6.8 % 6.4 % 6.2 % 6.7 % 6.8 % Contribution Profit $ 1,268 $ 1,405 $ 1,380 $ 1,641 $ 1,780 Contribution Profit as a % of Marketplace GOV 5.1 % 4.7 % 4.4 % 5.0 % 5.2 % GAAP net income attributable to DoorDash, Inc.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

common stockholders as a % of Marketplace GOV 1.0 % 0.7 % 0.6 % 0.6 % 1.4 % Adjusted EBITDA $ 754 $ 780 $ 754 $ 914 $ 1,060 Adjusted EBITDA as a % of Marketplace GOV 3.0 % 2.6 % 2.4 % 2.8 % 3.1 % Weighted-average diluted shares outstanding 442 443 442 439 440 1 Operational Update In Q3 2026, we grew Total Orders 28% Y Y (17% Y Y excluding the impact of Deliveroo), Marketplace GOV 36% Y Y (23% Y Y excluding the impact of Deliveroo), and revenue 34% Y Y (23% Y Y excluding the impact of Deliveroo).

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Net incomequarter

$466 million

In Q3 2026, net income attributable to our common stockholders was $466 million and Adjusted EBITDA was $1,060 million.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

30, 2026 Revenue $ 3,446 $ 3,955 $ 4,036 $ 4,454 $ 4,616 34 % 4 % Net Revenue Margin 13.8 % 13.3 % 12.8 % 13.5 % 13.6 % GAAP cost of revenue, exclusive of depreciation and amortization $ 1,687 $ 1,935 $ 1,992 $ 2,107 $ 2,171 29 % 3 % GAAP sales and marketing expense $ 576 $ 707 $ 746 $ 821 $ 765 33 % (7) % GAAP research and development expense $ 355 $ 419 $ 398 $ 535 $ 499 41 % (7) % GAAP general and administrative expense $ 400 $ 480 $ 432 $ 538 $ 426 7 % (21) % GAAP net income attributable to DoorDash, Inc.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Free cash flowquarter

91 %

common stockholders $ 244 $ 213 $ 184 $ 200 $ 466 91 % 133 % Net cash provided by operating activities $ 871 $ 421 $ 594 $ 944 $ 994 14 % 5 % Free Cash Flow $ 723 $ 254 $ 420 $ 742 $ 787 9 % 6 % The Y Y increase in Total Orders in Q3 2026 was driven primarily by growth in the number of consumers and the acquisition of Deliveroo.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Excluding Deliveroo, revenue increased 23% Y Y in Q3 2026.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

6 In Q3 2026, we generated net cash provided by operating activities of $994 million and Free Cash Flow of $787 million, up from $871 million and $723 million, respectively, in Q3 2025.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

AI analysis

Q3 2026 · reported Oct 29, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Net income · Q3 2026
$466M
EX-99 · Oct 29, 2026

Headline figures

MetricQ3 2026Prior qtrYear ago
Revenue34%36%—
Net income$466 million——
Free cash flow91 %9 %—

EX-99 · Oct 29, 2026

Guidance · company-stated

Adjusted EBITDA

“Q4 2026 $35.4 billion”

Free Cash Flow

“by between $700 million and $800 million”

Guidance stated in the release for Q4 2026; figures as stated.

Next earningsNo verified date on fileNo date is estimated or imported

Cash flow & capex

Free cash flow91 %

Capital allocation

In February 2025, our board of directors authorized the repurchase of up to $5.0 billion of our Class A common stock.

Year to date through October 28, we have repurchased a total of 6.8 million shares of our Class A common stock for $1.0 billion under the February 2025 authorization.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

DoorDash Releases Third Quarter 2026 Financial Results October 29, 2026 SAN FRANCISCO (BUSINESS WIRE) DoorDash, Inc

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Adjusted EBITDA: “Adjusted EBITDA Q4 2026 $35.4 billion”

Free Cash Flow: “Free Cash Flow by between $700 million and $800 million”

Adjusted EBITDA (“Q4 2026”)
“4 Financial Outlook Period Marketplace GOV Adjusted EBITDA Q4 2026 $35.4 billion - $36.4 billion $900 million - $1,100 million Based on our current outlook and assuming a stock price consistent with recent trading levels, we expect 2026 stock-based compensation expense of approximately $1.2 billion.”

Free Cash Flow (“Q4 2026”)
“2026 year-end timing for merchant payments compared to the end of 2025 is expected to reduce reported 2026 Free Cash Flow by between $700 million and $800 million.”

Guidance stated in the release for Q4 2026; figures as stated.

Capital allocation

In February 2025, our board of directors authorized the repurchase of up to $5.0 billion of our Class A common stock.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Year to date through October 28, we have repurchased a total of 6.8 million shares of our Class A common stock for $1.0 billion under the February 2025 authorization.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

We currently have approximately $4.0 billion remaining under the current stock repurchase authorization.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

We may or may not repurchase any portion of the remaining amount.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

DoorDash expects to fund the cash portion of the consideration with cash on hand and proceeds from debt financing.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

providing for a 364-day senior unsecured bridge loan facility in support of the debt component of the transaction, subject to satisfaction or waiver of certain customary conditions.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Strategy & priorities

DoorDash will be focused on the second of these two battles.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

As AI personal agents are now starting to become more mainstream, our strategy today remains focused on winning the battle for atoms.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

We are investing in building capabilities like warehousing and in autonomous delivery.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

We are also investing in our ability to help merchants win with unique demand and the best products, such as today s announcement to team up with Instacart.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Our outlook also anticipates significant levels of ongoing investment in new categories, international markets, and in our system capacity to support further growth, as well as growing investment in new initiatives and our global technology platform.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Risks & headwinds

Atoms vs Bits Four years ago, as ChatGPT launched and the advent of the AI revolution was getting started, we recognized two important challenges for companies one to be the leading digital personal assistant, and the other to become the leading physical network to help fulfill tasks in the real world.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Building a scaled logistics network and solving the challenges that connect all of these audiences in the end-to-end flow of delivery is how we intend to compete.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

common stockholders as a result of the uncertainty regarding, and the potential variability of, reconciling items such as legal, tax, and regulatory expenses and other items.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

The forward-looking statements contained in this release are also subject to other risks and uncertainties that could cause actual results to differ from the results predicted, including those more fully described in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025 and our quarterly reports on Form 10-Q, in Instacart s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025 and quarterly reports on Form 10-Q, and in the registration statement on Form S-4 and the proxy statement prospectus described below when they become available.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Legal Proceedings 46 Item 1A.

SEC original ↗DoorDash — 10-Q Quarterly report10-QOct 30, 2026

What changed vs prior quarter

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Free cash flow — prior quarter passage and this quarter's passage are both cited.

SEC original ↗DoorDash — Earnings release (8-K exhibit)EX-99Oct 29, 2026

Documents

Earnings deck slides

0 decks with slide view

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

DoorDash — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Named in the company’s own filings

Amazon (AMZN)“Globally, we compete with other local on-demand delivery companies, including Amazon, Uber Eats, Prosus, Delivery Hero, and other local incumbents.”Uber (UBER)“Globally, we compete with other local on-demand delivery companies, including Amazon, Uber Eats, Prosus, Delivery Hero, and other local incumbents.”

Filings

66 documents

Earnings releases

17 documents

Presentations

8 documents

Transcripts

0 documents

No transcripts for DoorDash are held in this edition of the library.

Mentioned by

10 companies

Other tracked companies whose held documents mention DoorDash by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.