DoorDash, Inc.
DASHUSDoorDash, Inc. operates a comprehensive logistics platform globally and within the United States, linking merchants, consumers, and delivery personnel ('dashers'). Through its primary marketplaces, DoorDash and Wolt, the company provides essential services designed to help merchants overcome critical challenges, including customer acquisition, delivery logistics, data insights and analytics, merchandising support, payment processing, and customer assistance. Additionally, DoorDash offers subscription-based products like DashPass and Wolt+, alongside white-label delivery fulfillment services under DoorDash Drive and Wolt Drive. Its portfolio also includes DoorDash Storefront, which enables merchants to provide on-demand e-commerce access to their customers, and Bbot, a solution offering digital ordering and payment processing for both in-store and online channels. Founded in 2013 as Palo Alto Delivery Inc., the company officially adopted the name DoorDash, Inc. in 2015. It is headquartered in San Francisco, California.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Internet & Digital Commerce
- Sub-sector
- Local Commerce & Delivery
- Listing
- DASH
- Country
- US
EV / LTM Revenue
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 35% | 31% | 24% | 28% | 29% | 21% |
| Revenue | $4.89B | $6.58B | $8.63B | $10.72B | $13.72B | $17.63B | $21.27B |
| Gross Profit | $2.55B | $3.00B | $4.05B | $5.18B | $6.98B | — | — |
| Gross Profit Margin | 52.2% | 45.5% | 46.9% | 48.3% | 50.9% | — | — |
| EBITDA | ($293M) | ($1.03B) | ($49M) | $717M | $1.64B | $5.86B | $7.06B |
| EBITDA Margin | -6.0% | -15.6% | -0.6% | 6.7% | 12.0% | 33.2% | 33.2% |
| EBIT | ($452M) | ($1.12B) | ($579M) | ($38M) | $723M | $4.70B | $5.68B |
| Net Income | ($468M) | ($1.36B) | ($558M) | $123M | $935M | $1.21B | $2.10B |
| Free Cash Flow | $455M | $21M | $1.35B | $1.80B | $1.83B | — | — |
| FCF Margin | 9.3% | 0.3% | 15.6% | 16.8% | 13.3% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $0M | $0M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $2.72B | — | — |
| Cash & Cash Equivalents | $2.50B | $1.98B | $2.66B | $4.02B | $4.38B | — | — |
| Net Debt | ($2.50B) | ($1.98B) | ($2.66B) | ($4.02B) | ($1.65B) | — | — |
| Net Debt / EBITDA | — | — | — | -5.6x | -1.0x | — | — |
| Rule of 40 | — | 35.0% | 46.8% | 41.0% | 41.2% | — | — |