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DoorDash DASH Business Segments — R&D

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Other financials

Income statement

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Revenue$4.0B+33.1%
Gross profit$2.0B+33.4%
Operating income$151.0M-2.6%
Net income$184.0M-4.7%
EPS (diluted)$0.42-4.5%

Balance sheet

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Cash & equivalents$5.0B+5.7%
Total debt$562.0M+6.6%
Total equity$10.2B+21.6%
Total assets$19.7B+45.2%

Cash flow

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Operating cash flow$594.0M-6.5%
CapEx$57.0M-23.0%
Free cash flow$537.0M-4.3%

Valuation

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Market cap$85.47B-21.8%
Enterprise value$81.05B-21.4%
P/E92.3×-47.7×
P/S5.8×-3.4×

Profitability

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Gross margin50.9%+1.7pp
Operating margin4.9%
Net margin6.3%+3.3pp
FCF margin14.6%-3.7pp

Returns & leverage

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Return on equity10%+5.6pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.3×

Where this comes from

Reported directly by DoorDash in its filing.

Tagged under the XBRL concept dash:ResearchAndDevelopmentExpenseExcludingStockBasedCompensationAndDepreciationDepletionAndAmortization.

The source filing: DoorDash’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001792789-26-000037
Line itemThree Months Ended March 31, 20252026
Stock-based compensation235231
Cost of revenue*1,4671,957
Sales and marketing*560723
Research and development*190285
General and administrative*272375
Restructuring charges*145
Total costs and expenses2,8773,885
Income from operations155151

Item 1. Financial Statements (Unaudited)

FAQ

What is DoorDash's business segments — R&D?
DoorDash (DASH) reported business segments — R&D of $285M in Q1 2026.
How has DoorDash's business segments — R&D changed year-over-year?
DoorDash's business segments — R&D increased by 50.0% year-over-year, from $190M to $285M.
What is the long-term trend for DoorDash's business segments — R&D?
Over 3 years (2022 to 2025), DoorDash's business segments — R&D has grown at a 24.9% compound annual growth rate (CAGR), from $464M to $904M.
What does business segments — R&D mean?
Costs incurred for the development of new features, platform enhancements, and technological infrastructure improvements. This investment is essential for maintaining a competitive edge in user experience and operational logistics.

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