reported in FY2025 revenue, in FY2025 net income, and about employees.
: Key Facts
- Founded:
- Headquarters:
- Leadership:
- FY2025 revenue:
- FY2025 net income:
- Employees:
Independent Editorial Analysis
7 historical events · Editorial analysis
DoorDash Company Profile: Revenue, Business Model & Strategy
Research depth: 7 milestones · 7 FAQs
DoorDash reported $13.7B in FY2025 revenue, $935M in net income, and more than 31,400 employees. Tony Xu leads the company, which now includes DoorDash, Wolt,...
DoorDash is a local commerce and delivery platform founded in 2013. It reported $13.7B in FY2025 revenue, $935M in net income, more than 31,400 employees, and is led by co-founder Tony Xu.
How DoorDash makes money: DoorDash earns revenue when transactions move through its marketplaces and commerce platform. The company typically collects fees from merchants and consumers, sells advertising and promotional tools, receives DashPass…
Annual Revenue (FY2025)$13.7B
Employees31,400
CEOTony Xu
Founded2013
IndustryFood
By Swet ParvadiyaLast reviewed:
In-Depth Analysis
Table of Contents
DoorDash, Inc. Key Facts
Data Verified
| Company | DoorDash, Inc. |
|---|---|
| Trajectory | Exponential |
| Financials | $13.7B (FY2025, last reviewed July 2026) [1] |
| Market Cap | $55.0B [2] |
| Net Income | $935.0M |
| Last reviewed | By Swet Parvadiya, Founder & Editor - May 2026 |
| Founded | 2013 |
| Founder(s) | Tony Xu, Stanley Tang, Andy Fang, Evan Moore |
| CEO | Tony Xu |
| Headquarters | San Francisco, California |
| Industry | Food Delivery / On-Demand Commerce |
| Employees | 31,400+ [3] |
DoorDash Company Profile: Revenue, Business Model & Strategy
"DoorDash is no longer just the U.S. restaurant delivery app. After Wolt, Deliveroo, and SevenRooms, it is a global local-commerce platform trying to turn delivery density into merchant software, advertising, and recurring consumer relationships."
Why DoorDash, Inc. Wins
DoorDash wins through local density, merchant relationships, consumer frequency, DashPass loyalty, and category expansion. Once a market has enough consumers, merchants, and Dashers, service reliability improves and competitors have to spend heavily to catch up.
DoorDash, Inc. operates in a competitive market alongside Amazon.com, Inc., Walmart Inc., Target Corporation. Analysts frequently compare DoorDash, Inc. and Amazon.com, Inc. due to their overlapping products, target markets, and strategic positioning.
DoorDash is a local commerce and delivery platform founded in 2013. It reported $13.7B in FY2025 revenue, $935M in net income, more than 31,400 employees, and is led by co-founder Tony Xu.
Revenue
$13.7B
Founded
2013
Employees
31K+
Market Cap
$55.0B
Author: CorpDigest Research DeskVerified Accuracy
Key Facts
- Founded: DoorDash, Inc. was established in 2013 and is headquartered in San Francisco, California.
- Revenue: DoorDash, Inc. reported $8.6B in annual revenue (2023).
- Valuation: Market capitalization of approximately $55.0B.
- Scale: DoorDash, Inc. employs 31,400 people globally.
- Business Model: DoorDash earns revenue when transactions move through its marketplaces and commerce platform.
- Competitive Edge: DoorDash's advantage is density.
How DoorDash, Inc. Makes Money
Capital Allocation & Scaling Mechanics
DoorDash earns revenue when transactions move through its marketplaces and commerce platform. The company typically collects fees from merchants and consumers, sells advertising and promotional tools, receives DashPass subscription revenue, and provides white-label logistics through DoorDash Drive. Wolt and Deliveroo extend the same broad model internationally.
What Is DoorDash, Inc.'s Growth Strategy?
DoorDash is growing through five connected paths: marketplace order growth, DashPass engagement, grocery and retail expansion, advertising and merchant software, and international scale through Wolt and Deliveroo. SevenRooms gives DoorDash a stronger software layer for restaurants, while Deliveroo adds a large international marketplace base.
How Much Revenue Does DoorDash, Inc. Generate?
DoorDash reported $13.717 billion in FY2025 revenue, up from $10.722 billion in FY2024. GAAP net income attributable to common stockholders was $935 million in FY2025, compared with $123 million in FY2024. Total orders reached 3.2 billion and Marketplace GOV reached $102.0 billion in the 2025 10-K.
| Financial Metric | Estimated Value (2026) |
|---|---|
| Market Capitalization | $55.0B |
| Employee Count | 31,400 + |
| Latest Annual Revenue | $8.6B (2023) |
Historical Revenue Chart
DoorDash, Inc. Annual Revenue History
Verified annual revenue figures from SEC filings and official earnings reports. All figures in USD.
| Fiscal Year | Annual Revenue | YoY Change |
|---|---|---|
| FY2023 | $8.6B | N/A |
| FY2024 | $10.7B | +24.2% |
| FY2025 | $13.7B | +27.9% |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Core Strength
Dense marketplace network across consumers, merchants, and Dashers.
Key Weakness
Regulatory exposure around gig work and delivery economics.
Who Are DoorDash, Inc.'s Main Competitors?
DoorDash competes with Uber Eats, Instacart, restaurant-owned delivery, grocers, convenience retailers, and local delivery networks. Its strategic defense is a broader local-commerce platform: not just food delivery, but demand generation, fulfillment, merchant tools, subscriptions, and marketplace data.
| Top Competitors | Head-to-Head Analysis |
|---|
What Is DoorDash, Inc.'s Full Historical Timeline?
Historical Timeline & Strategic Pivots
Key Milestones
2018 - DashPass Launches
DoorDash introduces a subscription product to drive consumer frequency.
2022 - Wolt Acquisition
DoorDash closes the Wolt acquisition, expanding internationally.
2025 - SevenRooms Acquisition
DoorDash acquires SevenRooms to add restaurant reservation and CRM software.
2025 - Deliveroo Acquisition
DoorDash acquires Deliveroo for $3.724 billion in purchase consideration.
Risks & Weaknesses
Analytical AssessmentPrimary Risk Factor
DoorDash's biggest risk is worker-classification and fee regulation combined with delivery competition. If major markets force employee-like costs or cap fees while competitors keep discounting, profitability could compress.
Risk assessment based on public filings, SWOT analysis, and verified industry data. Not financial advice.
How Did DoorDash, Inc. Start and Grow?
Established
2013
Fiscal Revenue
$8.6B
Workforce
31K+
HQ Location
San Francisco, California
Explore DoorDash In Depth
Detailed research across every dimension of DoorDash — history, financials, leadership, and strategy.
Company History
DoorDash began as a local restaurant-delivery experiment and has become a global local-commerce operator. Its current strategy is to become infrastructure for merchants: discovery, demand generation, delivery, software,…
Full DoorDash history →Revenue & Financials
DoorDash reported $13.7B in revenue for fiscal year 2025. Data covers 3 fiscal years. Market capitalization stands at approximately $55B.
DoorDash financials →Founders
DoorDash was founded by Tony Xu, Stanley Tang, Andy Fang, Evan Moore in 2013 in San Francisco, California. Explore each founder's background, motivations, and their role in building the company.
DoorDash founders →CEO & Leadership
DoorDash is currently led by Tony Xu. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.
DoorDash CEO history →Business Model
DoorDash earns revenue when transactions move through its marketplaces and commerce platform. The company typically collects fees from merchants and consumers, sells advertising and promotional tools, receives DashPass…
How DoorDash makes money →Acquisitions
DoorDash has completed 4 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.
DoorDash acquisitions →Competitive Strategy
DoorDash is growing through five connected paths: marketplace order growth, DashPass engagement, grocery and retail expansion, advertising and merchant software, and international scale through Wolt and Deliveroo.
DoorDash strategy →Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.
Frequently Asked Questions About DoorDash
What was DoorDash's revenue in FY2025?
DoorDash reported $13.7B in FY2025 revenue. The figure is sourced from its latest annual SEC filing or SEC XBRL company facts.
When was DoorDash founded?
DoorDash was founded in 2013 by Tony Xu, Stanley Tang, Andy Fang, and Evan Moore.
How does DoorDash make money?
DoorDash earns marketplace and commerce-platform fees from merchants and consumers, plus advertising, DashPass subscriptions, and white-label logistics revenue.
What is DoorDash's biggest strategic issue?
The biggest issue is whether DoorDash can sustain profitable order growth while regulators, merchants, consumers, and competitors push back on delivery economics.
Is DoorDash profitable?
DoorDash reported $935M in FY2025 net income. Profitability can move with rates, integration costs, pricing, volume, or investment cycles depending on the business.
Analysis: How DoorDash, Inc. Makes Money
Deep dive into the DoorDash, Inc. business model, revenue streams, and strategic moats in 2026.
Competitor Benchmarking
Compare
Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->
Explore More Brand Histories
This corporate intelligence report on DoorDash, Inc. compiles data from verified filings. Explore more detailed brand histories and company histories in the global Food Delivery / On-Demand Commerce marketplace.
Editorial Methodology
Verified Analysis
Our research methodology involves cross-referencing SEC Edgar filings, official investor relations disclosures, and primary annual reports. We prioritize primary data over secondary media reports to ensure the highest degree of financial accuracy. Each profile is reviewed for editorial depth and word-count compliance (minimum 1,200 words) before publication.
1. Primary Sources
Every financial metric and strategic milestone is cross-referenced against official SEC filings (10-K, 10-Q), annual reports, and verified corporate press releases.
2. Expert Curation
Software tools help organize public data, then Swet Parvadiya reviews the narrative for strategic context, source quality, and clarity.
3. Multi-Pass Audit
Before publication, every intelligence report undergoes a technical audit for factual consistency, citation accuracy, and objective neutrality.
Explore Related Pages for DoorDash, Inc.
Sources & References
The data and narrative synthesized in this intelligence report were verified against primary sources:
- [1]SEC EDGAR: DoorDash, Inc. Annual Filings (10-K, 8-K)
- [2]DoorDash, Inc. Corporate Website
- [3]DoorDash, Inc. Annual Report 2025 - Revenue and Financial Data
- [4]sec.gov
- [5]data.sec.gov