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.

Revenue
+34.0%
EPS
+87.7%
Free cash flow
+8.85%
Total debt
+0.22%

Quarter to September 2026, against a year earlier

180.98 17.61 −8.87%
Market cap
$78.5B
P/E
74.2×
Fwd P/E
64.3×
Dividend yield
—
F-score
5/9
Altman Z
6.69
Beneish M
−2.37
Dividend safety
n/a

DoorDash, Inc. (DASH) Operating margin

Alert me on Operating margin

DoorDash, Inc.'s operating margin over the twelve months to 30 September 2026 was 5.25%, down 0.0 percentage points from fiscal 2025 (5.27%). Over the past ten years it has ranged from −72.2% (fiscal 2018) to 5.27% (fiscal 2025) — the current reading is the highest in ten years. That is above the Internet Retail industry median of 0.08% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 5.27% 5.62
FY2024 −0.35% 6.36
FY2023 −6.71% 10.36
FY2022 −17.1% (7.82)
FY2021 −9.25% 5.86
FY2020 −15.1% 54.49
FY2019 −69.6% 2.56
FY2018 −72.2% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 9.58% 6.08
Jun 2026 3.50% (0.24)
Mar 2026 3.74% 0.02
Dec 2025 3.72% (3.77)
24 more quarters

Against its own ten years

Low −72.2% High 5.27%
Ten-year median −12.2%
Current reading's percentile 92

Operating margin against peers

Company Operating margin
PDD PDD Holdings Inc. Sponsored ADR compare 21.9%
EBAY eBay Inc. compare 20.3%
SE Sea Limited Sponsored ADR compare 8.24%
MELI MercadoLibre, Inc. compare 7.42%
DASH DoorDash, Inc. 5.25%
BABA Alibaba Group Holding Limited compare 4.34%
W Wayfair Inc. compare 2.14%
JD JD.com, Inc. compare 0.15%
CPNG Coupang, Inc. compare −3.43%
Internet Retail industry median 0.08%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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