DoorDash, Inc.
Financial Performance
DoorDash Revenue & Financials
Revenue
$13.7B (FY2025)
Market Cap
$81.3B
Employees
31,400
What is DoorDash's revenue?
DoorDash had $13.7B in revenue for fiscal year 2025, up 27.9% from 2024.
- Latest revenue
- $13.7B (FY2025)
- Year-over-year
- +27.9%
- Growth rate (CAGR)
- 73.4% over 7 years
- Peak revenue
- $13.7B (FY2025)
- Years of data
- 8
- Employees
- 31,400
- What is DoorDash's operating income?
- DoorDash reported operating income of $723M for fiscal year 2025. sec.gov
- How many employees does DoorDash have?
- DoorDash has about 31,400 employees.
Financial Analysis
DoorDash has moved from a loss-making growth story to a profitable one. Revenue rose from $8.64 billion in 2023 to $10.72 billion in 2024 and $13.72 billion in 2025, while GAAP net income went from a loss in 2023 to $123 million in 2024 and $935 million in 2025. In Q2 2026, revenue grew 36% to $4.45 billion, Marketplace GOV rose 36% to $33.1 billion and adjusted EBITDA increased 40% to $914 million, but GAAP net income declined to $200 million because of higher spending on R&D, Deliveroo and new initiatives. Management guided Q3 2026 GOV of $33 billion to $34 billion and adjusted EBITDA of $950 million to $1.1 billion. DoorDash is a dominant technology company that operates the largest food delivery network in the US, commanding a market valuation frequently over $45 billion.
Revenue Trend Analysis
YoY Change
+27.9%
7-Year CAGR
+73.4%
Peak Year
2025
Trend
Consistent Growth
DoorDash, Inc. has 8 full fiscal year figures on this page, compounding at +73.4% annually over 7 years. The most recent year saw a 27.9% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $13.7B. Of 7 comparable year-over-year steps, 7 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2025 | $13.7B | $723Mfiling | — | +27.9% | data.sec.gov FY2025 revenue reported in SEC XBRL and the 2025 Form 10-K. |
| FY2024 | $10.7B | -$38Mfiling | — | +24.2% | data.sec.gov FY2024 revenue reported in SEC XBRL. |
| FY2023 | $8.6B | -$579Mfiling | — | +31.2% | data.sec.gov FY2023 revenue reported in SEC XBRL. |
| FY2022 | $6.6B | -$1.1B | -$1.4B | +34.7% | DoorDash, Inc. annual report (Form 10-K, SEC EDGAR, filed 2025-02-14) Fiscal year ended 2022-12-31. |
| FY2021 | $4.9B | -$452M | -$468M | +69.4% | DoorDash, Inc. annual report (Form 10-K, SEC EDGAR, filed 2024-02-20) Fiscal year ended 2021-12-31. |
| FY2020 | $2.9B | -$436M | -$461M | +226.1% | DoorDash, Inc. annual report (Form 10-K, SEC EDGAR, filed 2023-02-27) Fiscal year ended 2020-12-31. |
| FY2019 | $885M | -$616M | -$667M | +204.1% | DoorDash, Inc. annual report (Form 10-K, SEC EDGAR, filed 2022-03-01) Fiscal year ended 2019-12-31. |
| FY2018 | $291M | -$210M | -$204M | — | DoorDash, Inc. annual report (Form 10-K, SEC EDGAR, filed 2021-03-05) Fiscal year ended 2018-12-31. |
Click any row to see year details.
DoorDash, Inc. balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest. In some years total assets exceed liabilities plus shareholders' equity because the company reported redeemable preferred stock or non-controlling interests outside both.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Total liabilities | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $2.4B | $257M | $19.7B | $9.6B | $10B | $2.2B | Form 10-K |
| FY2024ended Dec 31, 2024 | $2.1B | $104M | $12.8B | $5B | $7.8B | $2B | Form 10-K |
| FY2023ended Dec 31, 2023 | $1.7B | $123M | $10.8B | $4B | $6.8B | $1.6B | Form 10-K |
| FY2022ended Dec 31, 2022 | $367M | $176M | $9.8B | $3B | $6.8B | $191M | Form 10-K |
| FY2021ended Dec 31, 2021 | $692M | $129M | $6.8B | $2.1B | $4.7B | $563M | Form 10-K |
| FY2020ended Dec 31, 2020 | $252M | $106M | $6.4B | $1.7B | $4.7B | $146M | Form 10-K |
| FY2019ended Dec 31, 2019 | -$467M | $78M | $1.7B | $550M | -$1.1B | -$545M | Form 10-K |
Keep researching DoorDash
DoorDash Revenue and Financial FAQ
What is DoorDash's annual revenue?
DoorDash reported revenue of $13.72 billion for 2025, up from $10.72 billion in 2024 and $8.64 billion in 2023. Marketplace GOV reached $102.0 billion in 2025 on 3.2 billion total orders.
Is DoorDash profitable?
Yes. DoorDash posted GAAP net income of $123 million in 2024 and $935 million in 2025. In Q2 2026, net income was $200 million, down from $285 million a year earlier because of higher investment spending.
What were DoorDash's Q2 2026 results?
In Q2 2026 DoorDash grew revenue 36% to $4.45 billion, total orders 27% to 970 million, Marketplace GOV 36% to $33.1 billion and adjusted EBITDA 40% to $914 million. GAAP EPS was $0.46.
What is DoorDash's guidance for Q3 2026?
DoorDash guided Q3 2026 Marketplace GOV of $33.0 billion to $34.0 billion and adjusted EBITDA of $950 million to $1.1 billion.
What is DoorDash's take rate?
DoorDash's effective take rate, revenue as a share of Marketplace GOV, was about 13.4% in both FY2025 and Q2 2026.
What is DoorDash's market cap?
DoorDash's market capitalization was about $81 billion in late September 2026, based on a share price near $188.
How much does Deliveroo contribute to DoorDash?
Management said in February 2026 that it expected Deliveroo to contribute about $200 million of adjusted EBITDA in 2026.
When did DoorDash first become profitable?
DoorDash reported its first full year of GAAP net income in 2024, four years after its December 2020 IPO.
Is DoorDash a profitable company?
For years, no. They burned massive amounts of venture capital subsidizing deliveries to aggressively crush Grubhub. While they generate massive free cash flow, they often post GAAP net losses due to massive stock-based compensation and the immense cost of aggressively expanding into groceries and international markets.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "DoorDash Revenue & Financials." CorpDigest, https://corpdigest.com/company/doordash/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>DoorDash reported $13.7B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/doordash/financials" target="_blank" rel="noopener">CorpDigest — DoorDash financials</a></div>Related Financial Audits
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