What is DoorDash's R&D?

DoorDash (DASH) reported R&D of $398M in Q1 2026.

How has DoorDash's R&D changed year-over-year?

DoorDash's R&D increased by 30.1% year-over-year, from $306M to $398M.

What is the long-term trend for DoorDash's R&D?

Over 4 years (2021 to 2025), DoorDash's R&D has grown at a 35.1% compound annual growth rate (CAGR), from $430M to $1.43B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

DoorDash DASH R&D

R&D at other companies

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$951M+16.7%

Maplebear Inc.CART

$164M+13.9%

CarGurus, Inc.CARG

$37.67M+7.5%

Lyft, Inc.LYFT

$124.15M+10.4%

Upwork Inc.UPWK

$43.31M-6.2%

NerdWallet, Inc.NRDS

$16.8M0.0%

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$80.4B-17.6%

Enterprise value$75.98B-16.9%

P/E86.8×-38.1×

P/S5.5×-2.7×

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 us-gaap:ResearchAndDevelopmentExpense.

The official record: DoorDash’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DoorDash's R&D?: DoorDash (DASH) reported R&D of $398M in Q1 2026.
How has DoorDash's R&D changed year-over-year?: DoorDash's R&D increased by 30.1% year-over-year, from $306M to $398M.
What is the long-term trend for DoorDash's R&D?: Over 4 years (2021 to 2025), DoorDash's R&D has grown at a 35.1% compound annual growth rate (CAGR), from $430M to $1.43B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.