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

DoorDash, Inc. (DASH) Gross margin

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DoorDash, Inc.'s gross margin over the twelve months to 30 June 2026 was 51.4%, up 0.5 percentage points from fiscal 2025 (50.9%). Over the past ten years it has ranged from 21.7% (fiscal 2018) to 52.6% (fiscal 2020); the current reading is higher than 75% of that period. That is above the Internet Retail industry median of 43.5% and above the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 50.9% 2.57
FY2024 48.3% 1.45
FY2023 46.9% 1.36
FY2022 45.5% (6.67)
FY2021 52.2% (0.43)
FY2020 52.6% 11.70
FY2019 40.9% 19.25
FY2018 21.7% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 52.7% 2.05
Mar 2026 50.6% (0.43)
Dec 2025 51.1% 0.03
Sep 2025 51.0% 0.25
23 more quarters

Against its own ten years

Low 21.7% High 52.6%
Ten-year median 47.6%
Current reading's percentile 75

Gross margin against peers

Company Gross margin
EBAY eBay Inc. compare 72.1%
PDD PDD Holdings Inc. Sponsored ADR compare 56.3%
DASH DoorDash, Inc. 51.4%
SE Sea Limited Sponsored ADR compare 44.3%
MELI MercadoLibre, Inc. compare 42.7%
BABA Alibaba Group Holding Limited compare 38.3%
W Wayfair Inc. compare 30.1%
CPNG Coupang, Inc. compare 28.4%
JD JD.com, Inc. compare 16.6%
Internet Retail industry median 43.5%
Consumer Cyclical sector median 35.0%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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