DoorDash (DASH) Q3 2025 10-Q Quarterly Report

Filed: Nov 6, 2025Period ending Sep 30, 2025
Information Technology
Services-Business Services, NECSEC EDGAR

DoorDash (DASH) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

DoorDash Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Revenue $3.45B, up 27% YoY from $2.71B driven by 25% Marketplace GOV growth to $25.0B
  • Net Revenue Margin 13.8% vs 13.5% YoY; Contribution Profit $1.27B up 36%, Contribution Margin 36.8% vs 34.4%
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Risk Factors

  • New risk: Acquisition of Deliveroo expanded international risk profile, including compliance with EU Platform Work Directive transpositions (effective Dec 2024)
  • Material update: Increased Dasher pay costs in California under Proposition 22 impacting EBITDA and commissions, raising future cost base and potential order volume reduction
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DoorDash Q3 2025 Quarterly Financials
XBRL

Revenue

$3.4B

+27.3% YoY +4.9% QoQ

Net Income

$244M

+50.6% YoY -14.4% QoQ

Operating Margin

7.5%

+353bp YoY +252bp QoQ

Net Margin

7.1%

+109bp YoY -160bp QoQ

ROE

2.6%

Total Assets

$18.0B

EPS (Diluted)

$0.56

+40.0% YoY -13.8% QoQ

Operating Cash Flow

$871M

+64.0% YoY +72.8% QoQ

Source: XBRL data from DoorDash Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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