📊 DASH Key Takeaways
Investment Thesis
DoorDash demonstrates robust fundamental strength with 27.9% YoY revenue growth, exceptional free cash flow generation ($2.2B, 15.8% FCF margin), and minimal leverage (0.0x debt/equity). The company achieved $935M net income with a healthy 6.8% net margin, indicating improving profitability and operational efficiency despite the capital-intensive nature of its business model.
DASH Strengths
- Strong revenue growth of 27.9% YoY to $13.7B demonstrates sustained market demand and expanding user base
- Excellent free cash flow of $2.2B (15.8% margin) shows the business model converts revenue to cash efficiently
- Fortress balance sheet with zero long-term debt and $4.4B cash, providing significant financial flexibility
- Net income grew 0.3% YoY while revenue grew 27.9%, indicating operating leverage and margin expansion in progress
- Healthy 1.41x current ratio and zero leverage maintains strong liquidity and financial stability
DASH Risks
- Low net margin of 6.8% and operating margin of 5.3% indicate thin profitability relative to revenue scale, vulnerable to cost pressures
- Gross margin not disclosed, making it difficult to assess product-level economics and pricing power
- High insider activity (30 Form 4 filings in 90 days) warrants monitoring for potential selling sentiment
- Modest ROE of 9.3% and ROA of 4.8% suggest capital efficiency improvements needed despite strong growth
- Capital expenditure of $257M ongoing suggests competitive infrastructure spending required to maintain market position
Key Metrics to Watch
- Gross margin trends to assess unit economics and pricing power sustainability
- Operating margin expansion trajectory as scale increases
- Free cash flow conversion ratio and trends in working capital management
- Growth rate sustainability beyond 27.9% YoY
- Return on equity progression toward industry benchmarks
DASH Financial Metrics
💡 AI Analyst Insight
DoorDash, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
DASH Profitability Ratios
DASH vs Default Sector
How DoorDash, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
DASH Balance Sheet & Liquidity
DASH 5-Year Financial Trend
5-Year Trend Summary: DoorDash, Inc.'s revenue has grown significantly by 181% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.42 indicates the company is currently unprofitable.
DASH Growth Metrics (YoY)
DASH Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $2.7B | -$18.0M | $-0.04 |
| Q2 2025 | $2.6B | -$23.0M | $-0.38 |
| Q1 2025 | $2.5B | -$23.0M | $-0.06 |
| Q3 2024 | $2.2B | -$18.0M | $-0.04 |
| Q2 2024 | $2.1B | -$23.0M | $-0.38 |
| Q1 2024 | $2.0B | -$23.0M | $-0.06 |
| Q3 2023 | $1.7B | -$73.0M | $-0.19 |
| Q2 2023 | $1.6B | -$161.0M | $-0.44 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
DASH Capital Allocation
DASH SEC Filings
Access official SEC EDGAR filings for DoorDash, Inc. (CIK: 0001792789)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 11, 2026 | 4 | xslF345X05/form4-03112026_040301.xml | View → |
| Mar 6, 2026 | 4 | xslF345X05/form4-03062026_040304.xml | View → |
| Mar 6, 2026 | 4 | xslF345X05/form4-03062026_040301.xml | View → |
| Mar 4, 2026 | 4 | xslF345X05/form4-03042026_040301.xml | View → |
| Mar 2, 2026 | 4 | xslF345X05/form4-03022026_100354.xml | View → |
❓ Frequently Asked Questions about DASH
What is the AI rating for DASH?
DoorDash, Inc. (DASH) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are DASH's key strengths?
Strong revenue growth of 27.9% YoY to $13.7B demonstrates sustained market demand and expanding user base. Excellent free cash flow of $2.2B (15.8% margin) shows the business model converts revenue to cash efficiently.
What are the risks of investing in DASH?
Low net margin of 6.8% and operating margin of 5.3% indicate thin profitability relative to revenue scale, vulnerable to cost pressures. Gross margin not disclosed, making it difficult to assess product-level economics and pricing power.
What is DASH's revenue and growth?
DoorDash, Inc. reported revenue of $13.7B.
Does DASH pay dividends?
DoorDash, Inc. does not currently pay dividends.
Where can I find DASH SEC filings?
Official SEC filings for DoorDash, Inc. (CIK: 0001792789) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is DASH's EPS?
DoorDash, Inc. has a diluted EPS of $2.13.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.