DoorDash, Inc.
NASDAQ:DASH · NASDAQ Global Select
+$7.49 today
Vol 6.99M · Avg 4.75M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:DASH · Revenue to Net Income
Key Ratios
Analysis
$14.7B of revenue converted into $925.0M of net income for the selected period. Gross margin is 50.9% and net margin is 6.4%, showing how much revenue survives after costs and taxes. EPS is $2.10, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.7B +27.9% | $10.7B +24.2% | $8.6B +31.2% | $6.6B +34.7% | $4.9B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $6.7B +21.6% | $5.5B +20.8% | $4.6B +27.9% | $3.6B +53.5% | $2.3B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $7.0B +34.7% | $5.2B +28.0% | $4.0B +35.1% | $3.0B +17.5% | $2.5B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 50.9% +2.6pp | 48.3% +1.5pp | 46.9% +1.4pp | 45.5% -6.7pp | 52.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $1.4B +22.5% | $1.2B +16.5% | $1.0B +21.0% | $829.0M +92.8% | $430.0M | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $4.1B +16.8% | $3.5B +12.2% | $3.1B +10.0% | $2.8B +17.1% | $2.4B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $6.3B +19.9% | $5.2B +12.8% | $4.6B +12.3% | $4.1B +37.2% | $3.0B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $747.0M +33.2% | $561.0M +10.2% | $509.0M +37.9% | $369.0M +136.5% | $156.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $1.7B +135.6% | $717.0M +1154.4% | -$68.0M +89.7% | -$663.0M -126.3% | -$293.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 12.3% +5.6pp | 6.7% +7.5pp | -0.8% +9.3pp | -10.1% -4.1pp | -6.0% | 5.6% | 46.3% | 42.0% |
| Operating Income | $723.0M +2002.6% | -$38.0M +93.4% | -$579.0M +48.5% | -$1.1B -148.7% | -$452.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 5.3% +5.6pp | -0.4% +6.4pp | -6.7% +10.4pp | -17.1% -7.8pp | -9.2% | 16.6% | 24.1% | 22.0% |
| Interest Income | $211.0M +6.0% | $199.0M +30.9% | $152.0M +375.0% | $32.0M +966.7% | $3.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 | $0 -100.0% | $2.0M -85.7% | $14.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $216.0M +11.3% | $194.0M +331.1% | $45.0M +116.4% | -$275.0M -2400.0% | -$11.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $939.0M +501.9% | $156.0M +129.2% | -$534.0M +61.8% | -$1.4B -202.2% | -$463.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 6.8% +5.4pp | 1.5% +7.6pp | -6.2% +15.1pp | -21.3% -11.8pp | -9.5% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $4.0M -89.7% | $39.0M +25.8% | $31.0M +200.0% | -$31.0M -720.0% | $5.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $935.0M +660.2% | $123.0M +122.0% | -$558.0M +59.1% | -$1.4B -191.7% | -$468.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.8% +5.7pp | 1.1% +7.6pp | -6.5% +14.3pp | -20.7% -11.2pp | -9.6% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 +630.0% | $0 +121.1% | -$1 +61.4% | -$4 -164.9% | -$1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 +634.5% | $0 +120.4% | -$1 +61.4% | -$4 -164.9% | -$1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $427.0M +3.8% | $411.6M +4.7% | $392.9M +5.8% | $371.4M +10.3% | $336.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $439.7M +2.2% | $430.2M +9.5% | $392.9M +5.8% | $371.4M +10.3% | $336.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
AT&T Inc.
NYSE:T
$154.22B
Spotify Technology S.A.
NYSE:SPOT
$96.98B
Comcast Corporation
NASDAQ:CMCSA
$80.51B
América Móvil, S.A.B. de C.V.
NYSE:AMX
$79.61B
Nebius Group N.V.
NASDAQ:NBIS
$68.54B
RELX Plc
NYSE:RELX
$54.96B
Baidu, Inc.
NASDAQ:BIDU
$37.84B
Reddit, Inc.
NYSE:RDDT
$32.78B
Tencent Music Entertainment Group
NYSE:TME
$13.36B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does DASH generate?
DoorDash, Inc. (DASH) reported $13.72B of revenue in fiscal 2025.
Is DASH profitable?
DoorDash, Inc. (DASH) reported $935.00M of net income, with a net margin of 6.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.