NASDAQ NMS - GLOBAL MARKET · Hotels, Restaurants & Leisure · CIK 0001792789
$185.94
+0.81% · delayed ~15 min
Last price from Oct 22, 2026
$79.40B market value
From DoorDash, Inc.'s FY2025 10-K/A, filed Feb 18, 2026 · read the filing
DoorDash provides business support services. It took in $13.72B last year, which makes it a large company. Of every dollar it sells, about 7 cents is left as profit.
The financial picture is led by growth and debt, with profitability worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From DoorDash, Inc.'s FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Operating income
-$38.0M → $723.0M
Profit
$123.0M → $935.0M
Earnings per share
$0.30 → $2.19
Capital spending
$104.0M → $257.0M
Measured against FY2024, from the 10-K/A filed Feb 18, 2026
Improved: turned positive
-$38.0M to $723.0MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +660.2%
$123.0M to $935.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
DASH rose 0.81% on the latest quote. The S&P 500 moved −1.04%. That is 1.8 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 13% a year for the next 10 years. Over the last 5 years it grew by about 72% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 7 cents of every dollar of sales as profit, earning $935.0M last year.
Yes, quickly. Sales grew 27.9% last year.
It does not appear so. For every $1 it owes, it owns $2.05 in assets.
Core operating and valuation reference metrics
Income
This company pays no dividend. It keeps its profits and reinvests them in the business instead, so any return would have to come from the share price.
Figures from the FY2025 annual filing
Last year it earned $935.0M and generated $2.43B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K/A · Feb 18, 2026Filing for FY2025 | FY202410-K/A · Feb 14, 2025Filing for FY2024 | FY202310-K · Feb 20, 2024Filing for FY2023 | FY202210-K · Feb 27, 2023Filing for FY2022 | FY202110-K · Mar 1, 2022Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $13.72B | $10.72B | $8.63B | $6.58B | $4.89B | +27.9% |
| Cost of revenue | $6.74B | $5.54B | $4.59B | $3.59B | $2.34B | +21.6% |
| Gross profit | $6.98B† | $5.18B† | $4.05B† | $3.00B† | $2.55B† | +34.7% |
| Gross marginGross profit ÷ revenueWhat is this? | 50.9% | 48.3% | 46.9% | 45.5% | 52.2% | +2.6 pts |
| Selling, general and administrative | $1.60B | $1.45B | $1.24B | $1.15B | $797.0M | +10.2% |
| Operating income | $723.0M | -$38.0M | -$579.0M | -$1.12B | -$452.0M | n/m |
| Operating marginOperating income ÷ revenueWhat is this? | 5.3% | -0.4% | -6.7% | -17.1% | -9.2% | +5.6 pts |
| Interest expense | — | — | — | $2.0M | $14.0M | — |
| Income before tax | $939.0M | $156.0M | -$534.0M | -$1.40B | -$463.0M | +501.9% |
| Net income | $935.0M | $123.0M | -$558.0M | -$1.36B | -$468.0M | +660.2% |
| Net marginNet income ÷ revenueWhat is this? | 6.8% | 1.1% | -6.5% | -20.7% | -9.6% | +5.7 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $2.19 | $0.2989 | $-1.42 | $-3.68 | $-1.39 | +632.6% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| DASHDoorDash, Inc. · this page | 8.7/10 | 5/8 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Exercised stock options — 1,017 shares at $7.66 ($7.8K)
Holds 218,928 shares after this filing.
Sold on the open market — 1,017 shares at $195.00 ($198.3K)
Holds 217,911 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Reported another event
Read the filingHeld a shareholder vote
Read the filingWrite down why you are following DoorDash, Inc., what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
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Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from DASH's 10-K/A for fiscal year 2025 (period ending 2025-12-31, filed Feb 18, 2026), reported under the US GAAP taxonomy. View the source filing.
3 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Accounting had too few reported figures and is left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 8 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 8.7 | 5/8 | 10-K, filed Feb 18, 2026 |
| FY2024 | 8.7 | 7/8 | 10-K, filed Feb 14, 2025 |
| FY2023 | 7.3 | 5/8 | 10-K, filed Feb 20, 2024 |
| FY2022 | 4.7 | 2/8 | 10-K, filed Feb 27, 2023 |
| FY2021 | 4.7 | 3/8 | 10-K, filed Mar 1, 2022 |
| FY2020 | 4.7 | 5/8 | 10-K, filed Mar 5, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
5 of 8 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. One could not be evaluated and is excluded from the total rather than counted as a failure.
1.46
In the grey zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +632.6%
$0.30 to $2.19Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Changed: +147.1%
$104.0M to $257.0MCritical
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +27.9%
$10.72B to $13.72BSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +34.7%
$5.18B to $6.98BSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +5.6 pts
-0.4% to 5.3%Significant
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +5.7 pts
1.1% to 6.8%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: +2.6 pts
48.3% to 50.9%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +7.2%
$2.03B to $2.17BNotable
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +8.9%
$4.02B to $4.38BNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +3.8%
411.6M to 427.0MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Aug 5, 2026 — read it.
Improved: +40.7%
$1.67B to $2.35BCritical
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +35.6%
$3.28B to $4.45BSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Deteriorated: -29.8%
$285.0M to $200.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Deteriorated: −4.2 pts
8.7% to 4.5%Significant
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Deteriorated: -31.3%
$0.67 to $0.46Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +1.9 pts
50.8% to 52.7%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Deteriorated: −1.5 pts
5.0% to 3.5%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Improved: +13.1%
$3.91B to $4.42BNotable
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Deteriorated: +2.2%
425.1M to 434.4MNotable
Why it matters: New shares divide the same company into more pieces, so each existing holding owns slightly less of it. Often pay for staff or an acquisition rather than anything wrong.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Aug 5, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +10.4%
$4.04B to $4.45BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +14.8%
$2.04B to $2.35BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +8.7%
$184.0M to $200.0MNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +2.1 pts
50.6% to 52.7%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +8.9%
$0.42 to $0.46Notable
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 10% and 15%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 54 analysts covering this company, as of . Their views, not this site's.
Of 54 analysts publishing on this company, 13 say strong buy, 29 say buy and 12 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 3.7% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 87.0x — a high multiple relative to the current trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 27.9% |
| 6.8% |
| 84.92x |
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| MCDMCDONALDS CORP | 7.3/10 | 6/8 | 3.7% | 31.9% | 21.08x | -34.23x |
|---|
| SBUXSTARBUCKS CORP | 4.7/10 | 6/8 | 2.8% | 5.0% | 62.41x | -4.95x |
|---|
| YUMYUM BRANDS INC | 6.0/10 | 6/9 | 8.8% | 19.0% | 27.65x | -2.12x |
|---|
| CMGCHIPOTLE MEXICAN GRILL INC | 8.7/10 | 6/8 | 5.4% | 12.9% | 24.83x | 2.18x |
|---|
| QSRRestaurant Brands International Inc. | 6.0/10 | 6/8 | 12.2% | 11.4% | 24.62x | 5.63x |
|---|
| Median of peers | 6.0/10 | — | 5.4% | 12.9% | 24.83x | -2.12x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Reported another kind of transaction — 23,125 shares
Holds 33,486 shares after this filing.
Sold on the open market — 1,000 shares at $181.42 ($181.4K)
Holds 32,486 shares after this filing.
Sold on the open market — 1,500 shares at $182.42 ($273.6K)
Holds 30,986 shares after this filing.
Sold on the open market — 3,500 shares at $183.50 ($642.2K)
Holds 27,486 shares after this filing.
Sold on the open market — 2,900 shares at $184.56 ($535.2K)
Holds 24,586 shares after this filing.
Sold on the open market — 1,600 shares at $185.79 ($297.3K)
Holds 22,986 shares after this filing.
Sold on the open market — 1,800 shares at $186.62 ($335.9K)
Holds 21,186 shares after this filing.
Sold on the open market — 3,999 shares at $187.70 ($750.6K)
Holds 17,187 shares after this filing.
Sold on the open market — 6,326 shares at $188.87 ($1.2M)
Holds 10,861 shares after this filing.
Sold on the open market — 500 shares at $189.28 ($94.6K)
Holds 10,361 shares after this filing.
Sold on the open market — 2,183 shares at $183.69 ($401.0K)
Holds 118,505 shares after this filing.
Reported another kind of transaction — 5,000 shares
Holds 5,000 shares after this filing.
Sold on the open market — 5,000 shares at $183.69 ($918.5K)
Holds 0 shares after this filing.
Sold on the open market — 1,638 shares at $178.54 ($292.4K)
Holds 928,573 shares after this filing.
Sold on the open market — 1,900 shares at $179.44 ($340.9K)
Holds 926,673 shares after this filing.
Sold on the open market — 1,500 shares at $180.68 ($271.0K)
Holds 925,173 shares after this filing.
Sold on the open market — 1,900 shares at $181.61 ($345.1K)
Holds 923,273 shares after this filing.
Sold on the open market — 1,200 shares at $182.77 ($219.3K)
Holds 922,073 shares after this filing.
Sold on the open market — 300 shares at $183.65 ($55.1K)
Holds 921,773 shares after this filing.
Sold on the open market — 100 shares at $184.49 ($18.4K)
Holds 921,673 shares after this filing.
Sold on the open market — 100 shares at $188.95 ($18.9K)
Holds 921,573 shares after this filing.
Sold on the open market — 100 shares at $190.38 ($19.0K)
Holds 921,473 shares after this filing.
Sold on the open market — 2,184 shares at $200.76 ($438.5K)
Holds 120,688 shares after this filing.
Sold on the open market — 413 shares at $221.50 ($91.5K)
Holds 83,919 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 2,183 shares ($400.7K) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 8,738 shares ($1.7M) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 2,184 shares ($429.7K) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 413 shares ($91.7K) on or after .
Shares originally obtained via Restricted Stock Units.
Filed notice to sell 16,667 shares ($3.9M) on or after .
Shares originally obtained via Exercise of Stock Options.
Filed notice to sell 17,061 shares ($4.0M) on or after .
Shares originally obtained via Exercise of Stock Options.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Quarterly report for Q2 FY2026
Revenue +35.6% · Operating margin −1.5 pts · Gross profit +40.7% — against Q2 FY2025
Published results · Made a Regulation FD disclosure
Read the filingHeld a shareholder vote · Reported another event
Read the filingQuarterly report for Q1 FY2026
Revenue +33.1% · Operating margin −1.4 pts · Gross profit +33.4% — against Q1 FY2025
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingAnnual report for FY2025
Revenue +27.9% · Operating margin +5.6 pts · Operating income turned positive — against FY2024
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2025
Revenue +27.9% · Operating margin +5.6 pts · Operating income turned positive — against FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join
Read the filingQuarterly report for Q3 FY2025
Revenue +27.3% · Operating margin +3.5 pts · Operating income +141.1% — against Q3 FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingMade a Regulation FD disclosure · Reported another event
Read the filingQuarterly report for Q2 FY2025
Revenue +24.9% · Operating margin +12.6 pts · Operating income turned positive — against Q2 FY2024
Read the filingPublished results · Made a Regulation FD disclosure
Read the filingHeld a shareholder vote
Read the filingSigned a material agreement · Took on a direct financial obligation · Sold shares outside a public offering · Reported another event
Read the filingReported another event
Read the filingBattle over Chicago's delivery robots reaches the courts after outcry over alleged face scans
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Primary sources and further research