$DASH · DoorDash, Inc.
DoorDash filed its 10-Q for the quarter ended September 30, 2026. Revenue hit $4.616B (+34% YoY), net income attributable to common stockholders reached $466M (vs. $244M in Q3 2025), and diluted EPS was $1.06. Total Orders grew 28% to 993M, Marketplace GOV rose 36% to $33.9B, and Adjusted EBITDA reached $1.06B. Free Cash Flow was $787M, up from $723M a year ago.
- Revenue grew 34% YoY to $4.616B in Q3 2026, up from $3.446B in Q3 2025.
- Net income attributable to common stockholders nearly doubled to $466M from $244M a year ago.
- Total Orders reached 993M, up 28% YoY, driven by consumer growth and the Deliveroo acquisition.
- Marketplace GOV hit $33.9B, up 36% YoY; Contribution Profit rose to $1.78B.
- Adjusted EBITDA reached $1.06B, representing 3.1% of Marketplace GOV versus 3.0% a year ago.
Extended-hours trading shows DASH at $177.92, down 0.60% from the $178.99 regular close, suggesting mild profit-taking despite strong results. The $77.56B market-cap company delivered broad-based beats on revenue, orders, and profitability.
DoorDash is scaling profitably at an accelerating pace — 34% revenue growth with net income nearly doubling — while simultaneously pursuing the Instacart acquisition that could redefine the grocery delivery landscape.
DoorDash's 34% revenue growth and 28% order growth at $33.9B Marketplace GOV scale reinforces its dominance in U.S. local delivery. The Deliveroo integration is already contributing meaningfully, while the pending Instacart acquisition signals further consolidation ambitions.
The filing flags the pending acquisition of Maplebear Inc. (Instacart) as a forward-looking risk, with integration and realization of expected benefits uncertain. Dasher classification risk and regulatory exposure across multiple jurisdictions remain ongoing concerns.