DoorDash, Inc.

DASH Consumer Cyclical Internet Retail

DoorDash, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.7 billion, up 27.9% from fiscal 2024. In the quarter to June 2026, revenue grew 35.6%, EPS fell 31.3%, free cash flow grew 109.0% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

189.15 3.90 −2.02%
Market cap
$83.7B
P/E
97.5×
Fwd P/E
61.1×
Dividend yield
—
F-score
5/9
Altman Z
6.69
Beneish M
−2.37
Dividend safety
n/a

Insider Decisions trades per month

Total buys 100.28
Total sells 323.99
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — 1 — — — — — — — —
Sell 17 9 7 16 3 3 12 4 3 16 7 4
Insider Ownership 12.95%

Capital & Financial Ratios $m

Market Cap 83,650.00
Revenue 15,891.00
Net Income 838.00
Free Cash Flow 2,139.00
Net Debt (2,928.00)
Current Ratio 1.37
Debt/Equity 0.27 (at or below 0.5: strong)
P/E ratio 97.50 (above 35: high)
Fwd P/E 61.10 (above 35: high)
P/S ratio 5.17
P/B ratio 8.28 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 22.09% (at or above 15%: strong)
Next Y EPS Growth 81.30% (at or above 15%: strong)
Next Y revenue growth 30.01% (at or above 10%: strong)
Next 5Y EPS Growth 50.42% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 40.68%
10-year low 10-year high
P/B against its own 10 years 59.11%
10-year low 10-year high
EV/Sales against its own 10 years 44.97%
10-year low 10-year high
EV/FCF against its own 10 years 21.31%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 4,183 5,531 5,779 5,655
Receivables 533 732 1,108 1,100
Inventory — — — —
Other 356 436 587 513
5,597 7,386 8,643 8,416
2023 2024 2025 Q'26
Payables 216 321 397 301
ST’ Debt — — — —
Other — — — —
3,410 4,438 6,147 6,152

Compound Annual Growth %

10y 5y 3y
Sales — 36.58% 27.73%
Cash Flow — 57.35% 87.80%
Earnings — 0.00% 0.00%
Book Value — 16.38% 14.10%

Revenue $m

Mar Jun Sep Dec Year
’26 4,036 4,454 — — —
’25 3,032 3,284 3,446 3,955 13,717
’24 2,513 2,630 2,706 2,873 10,722
’23 2,035 2,133 2,164 2,303 8,635
’22 1,456 1,608 1,701 1,818 6,583
’21 1,077 1,236 1,275 1,300 4,888
’20 362 675 879 970 2,886
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 594 944 — — —
’25 635 504 871 421 2,431
’24 553 530 531 518 2,132
’23 397 393 398 485 1,673
’22 (20) 165 199 23 367
’21 166 252 107 167 692
’20 (125) 210 230 (63) 252
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 420 742 — — —
’25 494 355 723 254 1,826
’24 487 451 444 420 1,802
’23 316 311 324 398 1,349
’22 (91) 86 99 (73) 21
’21 112 198 48 97 455
’20 (157) 184 166 (100) 93
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.42 0.46 — — —
’25 0.44 0.65 0.55 0.48 2.13
’24 (0.06) (0.38) 0.38 0.33 0.29
’23 (0.41) (0.44) (0.19) (0.39) (1.42)
’22 (0.48) (0.72) (0.77) (1.65) (3.68)
’21 (0.34) (0.30) (0.30) (0.45) (1.39)
’20 (2.92) 0.52 (0.96) (2.67) (7.39)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — 135.38 110.13 41.37 45.93 93.33 155.40

Analyst estimates 2026–2028

Powerpack
High — — — — 195.50 257.25 152.50 103.98 181.78 285.50
People
People Employees — — — — 3,886 8,600 16,800 19,300 23,700 31,400
Revenue/emp, $m — — 0.00 0.00 0.74 0.57 0.39 0.45 0.45 0.44
Income, $m
Income, $m Revenue — — 291 885 2,886 4,888 6,583 8,635 10,722 13,717
Gross margin, % — — 21.65 40.90 52.60 52.17 45.50 46.86 48.31 50.88
EBT — — (204) (666) (458) (463) (1,399) (534) 156 939
EBT margin, % — — (70.10) (75.25) (15.87) (9.47) (21.25) (6.18) 1.45 6.85
Net income — 0 (204) (667) (461) (468) (1,368) (565) 117 932
Depreciation — — 9 32 120 156 369 554 621 824
Per share, $
Per share, $ Revenue — — 6.57 20.46 46.26 14.51 17.72 21.97 26.05 32.12
Earnings — — (4.60) (15.42) (7.39) (1.39) (3.68) (1.42) 0.30 2.19
Cash flow — — (3.59) (10.80) 4.04 2.05 0.99 4.26 5.18 5.69
Capex — — (0.36) (2.13) (2.55) (0.70) (0.93) (0.82) (0.80) (1.42)
Free cash flow — — (3.95) (12.92) 1.49 1.35 0.06 3.43 4.38 4.28
Book value — — 0.00 (25.02) 75.33 13.86 18.18 17.32 18.96 23.49
Shares, m — — 44 43 62 337 371 393 412 427
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 578.45 103.42
P/S — — 3.85 3.85 5.78 10.26 2.73 4.39 6.44 7.05
P/B — — 0.00 0.00 3.55 10.75 2.66 5.57 8.85 9.64
EV/Sales — — 3.40 3.40 4.31 9.64 2.32 4.00 6.00 6.85
EV/FCF — — (20.56) (20.56) 133.68 103.60 726.69 25.59 35.68 51.49
Cash, $m
Cash, $m Operating cash flow — — (159) (467) 252 692 367 1,673 2,132 2,431
Capex — — (16) (92) (159) (237) (346) (324) (330) (605)
Free cash flow — — (175) (559) 93 455 21 1,349 1,802 1,826
Balance, $m
Balance, $m Working capital — — 459 616 4,115 2,805 2,176 2,187 2,948 2,496
Total debt — — — 184 602 373 456 — — 2,724
Net debt — — (470) (581) (4,257) (3,384) (3,065) (4,183) (5,531) (3,055)
Shareholders’ equity — — — (1,082) 4,700 4,667 6,754 6,806 7,803 10,033
Returns, %
Returns, % ROA — — 0.00 (77.14) (11.40) (7.11) (16.45) (5.41) 1.04 5.75
ROIC — — 0.00 0.00 (61.51) (22.02) (19.04) (13.80) (1.05) 6.48
ROE — — 27.27 88.01 (25.48) (9.99) (23.90) (8.23) 1.68 10.48
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

DoorDash, Inc. vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BABA Alibaba Group Holding Limited $276.5B 24.0× 21.0× +14.66% (above 0%: growing) −74.13% (below 0%: shrinking) +17.19% (above 0%: growing) 38.24% 7.29% Compare
PDD PDD Holdings Inc. Sponsored ADR $117.3B 8.4× 9.1× +14.08% (above 0%: growing) −7.17% (below 0%: shrinking) +25.39% (above 0%: growing) 57.26% 24.71% Compare
MELI MercadoLibre, Inc. $94.1B 49.9× 39.6× +49.76% (above 0%: growing) −10.86% (below 0%: shrinking) +22.47% (above 0%: growing) 40.90% 6.72% Compare
DASH DoorDash, Inc. $83.7B 97.5× 61.1× +35.63% (above 0%: growing) −31.34% (below 0%: shrinking) +109.01% (above 0%: growing) 52.69% 3.50%
SE Sea Limited Sponsored ADR $55.3B 34.6× 28.5× +48.07% (above 0%: growing) +5.88% (above 0%: growing) −6.79% (below 0%: shrinking) 45.58% 8.35% Compare
EBAY eBay Inc. $54.7B 24.3× 24.0× +14.80% (above 0%: growing) +55.00% (above 0%: growing) +168.03% (above 0%: growing) 73.45% 21.57% Compare
JD JD.com, Inc. $32.9B 17.3× 10.9× +2.54% (above 0%: growing) +27.87% (above 0%: growing) +64.77% (above 0%: growing) 17.12% 1.31% Compare
CPNG Coupang, Inc. $26.6B — (loss-making) — (loss-making) +3.89% (above 0%: growing) n/m −79.35% (below 0%: shrinking) 28.16% (6.28%) Compare
W Wayfair Inc. $15.3B — (loss-making) — (loss-making) +7.52% (above 0%: growing) n/m +28.46% (above 0%: growing) 29.95% 2.96% Compare
Median of peers $55.0B 24.2× 22.5× +14.37% −0.65% +23.93% 39.57% 7.01%

All 42 Internet Retail stocks →

DASH metrics, ten years each

DoorDash, Inc. (DASH) key facts

  • Strength: DoorDash, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.7 billion, up 27.9% from fiscal 2024.
  • DoorDash, Inc. (DASH) is an Internet Retail company in the Consumer Cyclical sector, listed on Nasdaq.
  • As of October 16, 2026, DASH traded at $189.15, a market capitalization of $83.7 billion.
  • Return on equity was 10.5% and debt-to-equity 0.27.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 6.69 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

DoorDash, Inc. (DASH) Latest News

stockrow.com/DASH · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com