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) Operating margin

Alert me on Operating margin

DoorDash, Inc.'s operating margin over the twelve months to 30 June 2026 was 4.48%, down 0.8 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 3.57%.

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)
Jun 2026 3.50% (0.24)
Mar 2026 3.74% 0.02
Dec 2025 3.72% (3.77)
Sep 2025 7.49% 2.53
23 more quarters

Against its own ten years

Low −72.2% High 5.27%
Ten-year median −12.2%
Current reading's percentile 83

Operating margin against peers

Company Operating margin
PDD PDD Holdings Inc. Sponsored ADR compare 21.9%
EBAY eBay Inc. compare 20.6%
MELI MercadoLibre, Inc. compare 8.26%
SE Sea Limited Sponsored ADR compare 8.24%
DASH DoorDash, Inc. 4.48%
BABA Alibaba Group Holding Limited compare 4.34%
W Wayfair Inc. compare 1.67%
JD JD.com, Inc. compare 0.15%
CPNG Coupang, Inc. compare −1.77%
Internet Retail industry median 0.08%
Consumer Cyclical sector median 3.57%
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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