DOORDASH, INC., 10-Q filed on 5/6/2026
Quarterly Report
v3.26.1
Cover - shares
3 Months Ended
Mar. 31, 2026
Apr. 30, 2026
Entity Information [Line Items]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Transition Report false  
Entity File Number 001-39759  
Entity Registrant Name DOORDASH, INC.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 46-2852392  
Entity Address, Address Line One 303 2nd Street, South Tower, 8th Floor  
Entity Address, City or Town San Francisco  
Entity Address, State or Province CA  
Entity Address, Postal Zip Code 94107  
City Area Code 650  
Local Phone Number 487-3970  
Title of 12(b) Security Class A common stock, par value of $0.00001 per share  
Trading Symbol DASH  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Central Index Key 0001792789  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q1  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Class A Common Stock    
Entity Information [Line Items]    
Entity Common Stock, Shares Outstanding   411,336,610
Class B Common Stock    
Entity Information [Line Items]    
Entity Common Stock, Shares Outstanding   24,382,112
Class C Common Stock    
Entity Information [Line Items]    
Entity Common Stock, Shares Outstanding   0
v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 4,575 $ 4,378
Restricted cash 300 273
Short-term investments 958 1,128
Funds held at payment processors 605 587
Accounts receivable, net 1,034 1,108
Prepaid expenses and other current assets 1,120 1,169
Total current assets 8,592 8,643
Long-term investments 849 837
Operating lease right-of-use assets 437 437
Property and equipment, net 1,142 1,067
Intangible assets, net 2,118 2,260
Goodwill 5,499 5,519
Other assets 1,074 896
Total assets 19,711 19,659
Current liabilities:    
Accounts payable 268 397
Operating lease liabilities 105 105
Accrued expenses and other current liabilities 5,653 5,645
Total current liabilities 6,026 6,147
Operating lease liabilities 457 461
Convertible notes, net 2,725 2,724
Other liabilities 293 281
Total liabilities 9,501 9,613
Commitments and contingencies (Note 9)
Redeemable non-controlling interests 12 13
Stockholders’ equity:    
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding 0 0
Additional paid-in capital 14,379 14,092
Accumulated other comprehensive income 117 261
Accumulated deficit (4,298) (4,320)
Total stockholders’ equity 10,198 10,033
Total liabilities, redeemable non-controlling interests and stockholders’ equity $ 19,711 $ 19,659
v3.26.1
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Mar. 31, 2026
Dec. 31, 2025
Class of Stock [Line Items]    
Common stock, par value ($ per share) $ 0.00001 $ 0.00001
Class A Common Stock    
Class of Stock [Line Items]    
Common stock, authorized (shares) 6,000,000,000 6,000,000,000
Common stock, issued (shares) 411,551,000 409,657,000
Common stock, outstanding (shares) 411,551,000 409,657,000
Class B Common Stock    
Class of Stock [Line Items]    
Common stock, authorized (shares) 200,000,000 200,000,000
Common stock, issued (shares) 24,404,000 24,590,000
Common stock, outstanding (shares) 24,404,000 24,590,000
Class C Common Stock    
Class of Stock [Line Items]    
Common stock, authorized (shares) 2,000,000,000 2,000,000,000
Common stock, issued (shares) 0 0
Common stock, outstanding (shares) 0 0
v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
Revenue $ 4,036 $ 3,032
Costs and expenses:    
Cost of revenue, exclusive of depreciation and amortization shown separately below 1,992 1,500
Sales and marketing 746 586
Research and development 398 306
General and administrative 432 332
Depreciation and amortization 269 152
Restructuring charges 48 1
Total costs and expenses 3,885 2,877
Income from operations 151 155
Interest income, net 34 49
Other income (expense), net 6 (6)
Income before income taxes 191 198
Provision for income taxes 8 6
Net income including redeemable non-controlling interests 183 192
Less: net loss attributable to redeemable non-controlling interests (1) (1)
Net income attributable to DoorDash, Inc. common stockholders $ 184 $ 193
Net income per share attributable to DoorDash, Inc. Class A and Class B common stockholders    
Basic (in $ per share) $ 0.42 $ 0.46
Diluted (in $ per share) $ 0.42 $ 0.44
Weighted-average number of shares outstanding used to compute net income per share attributable to DoorDash, Inc. Class A and Class B common stockholders    
Basic (in shares) 435,429 421,422
Diluted (in shares) 442,326 435,563
v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Net income including redeemable non-controlling interests $ 183 $ 192
Other comprehensive income (loss), net of tax:    
Change in foreign currency translation adjustments (138) 112
Change in unrealized gains and losses on marketable securities (6) 2
Total other comprehensive income (loss) (144) 114
Comprehensive income including redeemable non-controlling interests 39 306
Less: Comprehensive loss attributable to redeemable non-controlling interests (1) (1)
Comprehensive income attributable to DoorDash, Inc. common stockholders $ 40 $ 307
v3.26.1
Condensed Consolidated Statements of Redeemable Non-Controlling Interests and Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Redeemable non-controlling interests, beginning balance at Dec. 31, 2024 $ 7        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net income (loss) (1)        
Redeemable non-controlling interests, ending balance at Mar. 31, 2025 6        
Beginning balance (shares) at Dec. 31, 2024   419,677      
Beginning balance at Dec. 31, 2024 7,803 $ 0 $ 13,165 $ (5,255) $ (107)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon settlement of restricted stock units (shares)   3,199      
Issuance of common stock upon exercise of stock options (shares)   751      
Issuance of common stock upon exercise of stock options 3   3    
Stock-based compensation 276   276    
Other comprehensive income (loss) 114       114
Net income (loss) 193     193  
Ending balance (shares) at Mar. 31, 2025   423,627      
Ending balance at Mar. 31, 2025 8,389 $ 0 13,444 (5,062) 7
Redeemable non-controlling interests, beginning balance at Dec. 31, 2025 13        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net income (loss) (1)        
Redeemable non-controlling interests, ending balance at Mar. 31, 2026 12        
Beginning balance (shares) at Dec. 31, 2025   434,247      
Beginning balance at Dec. 31, 2025 $ 10,033 $ 0 14,092 (4,320) 261
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock upon settlement of restricted stock units (shares)   2,583      
Issuance of common stock upon exercise of stock options (shares) 231 231      
Issuance of common stock upon exercise of stock options $ 1   1    
Stock-based compensation 286   286    
Other comprehensive income (loss) (144)       (144)
Repurchase and retirement of common stock (shares)   (1,106)      
Repurchase and retirement of common stock (162)     (162)  
Net income (loss) 184     184  
Ending balance (shares) at Mar. 31, 2026   435,955      
Ending balance at Mar. 31, 2026 $ 10,198 $ 0 $ 14,379 $ (4,298) $ 117
v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income including redeemable non-controlling interests $ 183 $ 192
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 269 152
Stock-based compensation 231 235
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities 35 26
Amortization of deferred contract costs 21 17
Office lease impairment expenses 0 7
Adjustments to non-marketable equity securities, including impairment, net (7) 0
Other 15 1
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:    
Funds held at payment processors (20) 119
Accounts receivable, net 57 (53)
Prepaid expenses and other current assets 42 (35)
Other assets (51) (115)
Accounts payable (123) 14
Accrued expenses and other current liabilities (27) 94
Payments for operating lease liabilities (37) (28)
Other liabilities 6 9
Net cash provided by operating activities 594 635
Cash flows from investing activities    
Purchases of property and equipment (57) (74)
Capitalized software and website development costs (117) (67)
Purchases of investments (292) (425)
Maturities of investments 445 433
Purchases of non-marketable investments (55) 0
Acquisitions, net of cash acquired (30) (27)
Other investing activities 8 0
Net cash used in investing activities (98) (160)
Cash flows from financing activities    
Proceeds from exercise of stock options 1 3
Repurchase of common stock (162) 0
Payments of acquisition-related deferred cash consideration (11) 0
Other financing activities (1) 0
Net cash provided by (used in) financing activities (173) 3
Foreign currency effect on cash and cash equivalents, and restricted cash and cash equivalents (22) 15
Net increase in cash and cash equivalents, and restricted cash and cash equivalents 301 493
Beginning of period 4,681 4,221
End of period $ 4,982 $ 4,714
v3.26.1
Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Cash Flows [Abstract]    
Cash and cash equivalents $ 4,575 $ 4,500
Restricted cash 300 202
Long-term restricted cash and cash equivalents included in other assets 107 12
Total cash and cash equivalents, and restricted cash and cash equivalents 4,982 4,714
Non-cash investing and financing activities    
Purchases of property and equipment not yet settled 49 51
Stock-based compensation included in capitalized software and website development costs 55 41
Deferred cash consideration for acquisitions $ 67 $ 0
v3.26.1
Organization and Description of Business
3 Months Ended
Mar. 31, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Description of Business Organization and Description of Business
DoorDash, Inc. (the “Company”) is incorporated in Delaware with headquarters in San Francisco, California. The Company's mission is to grow and empower local economies. The Company aims to do this by providing services that reduce friction in local commerce and help merchants better connect with consumers in their communities.
The Company's primary offerings include the DoorDash Marketplace, the Wolt Marketplace, and the Deliveroo Marketplace (together, the "Marketplaces"), and its Commerce Platform. The Company's Marketplaces operate in over 40 countries and provide an integrated suite of services that help merchants establish an online presence, connect with consumers in their communities, and solve mission-critical challenges, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. The Company also offers advertising as a value-added service through its Marketplaces to help merchants and consumer packaged goods companies increase consumer engagement and drive incremental revenue.
The Company's Marketplaces seek to attract and retain consumers based primarily on the selection, convenience, quality, affordability, and service provided. The Company's Marketplaces also include consumer membership programs, DashPass, Wolt+, and Deliveroo Plus, which aim to lower transactional friction by reducing the delivery and service fees charged, while providing additional membership benefits.
In addition to its Marketplaces, the Company offers its Commerce Platform, which is a suite of services that help empower merchants to build, operate, and grow their businesses on their own channels. Within its Commerce Platform, the Company offers white-label delivery fulfillment services ("Drive") as well as services that help merchants establish online ordering, build branded mobile apps, manage reservations and in-store dining, manage consumer relationships, enable tableside order and pay, and improve customer support.
v3.26.1
Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies Summary of Significant Accounting Policies
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany balances and transactions have been eliminated in consolidation.
These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Interim results are not necessarily indicative of the results for a full year.
Reclassifications
Certain amounts from prior periods have been reclassified to conform to the current period presentation.
Use of Estimates
The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and
goodwill, the incremental borrowing rate applied in lease accounting, impairment of long-lived assets, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates.
Significant Accounting Policies

There have been no material changes to the Company's significant accounting policies from its Annual Report on Form 10-K for the year ended December 31, 2025.
Recent Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses" ("ASU 2024-03"), which requires disclosure, on an annual and interim basis, of specified information about certain costs and expenses in the notes to financial statements. ASU 2024-03 will be effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.
In September 2025, the FASB issued Accounting Standards Update 2025-06, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software" (“ASU 2025-06”), which removes all references to prescriptive and sequential software development stages and establishes new criteria for the capitalization of internal-use software costs. ASU 2025-06 is effective for fiscal years beginning after December 15, 2027, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.
v3.26.1
Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregated Revenue Information
All revenue recognized during the periods presented was related to the Company's core business, which is primarily composed of the Company's Marketplaces and Commerce Platform.
Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions):
 Three Months Ended March 31,
 20252026
United States$2,656 $3,104 
International(1)
376 932 
Total revenue$3,032 $4,036 
(1)No individual country outside the United States represented 10% or more of total consolidated revenue for the periods presented.
Contract Liabilities
The timing of revenue recognition may differ from the timing of invoicing to or collections from customers. The Company’s contract liabilities balance, which is included in accrued expenses and other current liabilities on the condensed consolidated balance sheets, is primarily composed of unredeemed gift cards, prepayments received from consumers and merchants, certain consumer credits as well as other transactions for which the revenue is recognized over time. A summary of activities related to contract liabilities for the three months ended March 31, 2026 was as follows (in millions):
 Three Months Ended March 31, 2026
Beginning balance$547 
Addition to contract liabilities1,187 
Reduction of contract liabilities(1)(2)
(1,196)
Ending balance$538 
(1)Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so.
(2)Included in the beginning balance of contract liabilities was $328 million associated with unearned prepayments received by the Company, of which $187 million was recognized as revenue during the three months ended March 31, 2026. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less.
Deferred Contract Costs
Deferred contract costs represent direct and incremental costs incurred to acquire or fulfill the Company’s contracts, consisting of sales commissions and costs related to merchant onboarding, which the Company expects to recover. Deferred contract costs are amortized on a straight-line basis over the expected period of benefit, which the Company determined by considering historical attrition rates and other factors. Deferred contract costs are recorded in prepaid expenses and other current assets and other assets on the condensed consolidated balance sheets. Amortization of deferred contract costs related to sales commissions is recognized in sales and marketing expense and amortization of deferred contract costs related to merchant onboarding is recognized in cost of revenue, exclusive of depreciation and amortization in the condensed consolidated statements of operations. A summary of activities related to deferred contract costs was as follows (in millions):
 Three Months Ended March 31,
 20252026
Beginning balance$157 $191 
Addition to deferred contract costs24 22 
Amortization of deferred contract costs(17)(21)
Ending balance$164 $192 
Deferred contract costs, current$67 $79 
Deferred contract costs, non-current97 113 
Total deferred contract costs$164 $192 
Allowance for Credit Losses
The allowance for credit losses related to accounts receivable and changes were as follows (in millions):
Three Months Ended March 31,
20252026
Beginning balance$22 $45 
Current-period provision for expected credit losses
Write-offs charged against the allowance(1)(2)
Ending balance$26 $51 
v3.26.1
Acquisitions
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Acquisitions Acquisitions
Deliveroo Acquisition
On October 2, 2025, the Company completed the acquisition of substantially all of the outstanding equity interests of Deliveroo plc (“Deliveroo”), which was accounted for under the acquisition method of accounting. The acquisition will strengthen the Company’s position as a leading global platform in local commerce by enhancing its capabilities to better serve consumers, merchants, and Dashers. The Company’s acquisition-related costs were $58 million and all costs were recorded as general and administrative expenses on the Company’s consolidated statements of operations during the period in which they were incurred. The acquisition date fair value of the consideration transferred for Deliveroo was $3,724 million, which consisted of the following (in millions):
Fair Value
Consideration payable
$3,722 
Stock-based compensation awards attributable to pre-combination services
Total purchase consideration
$3,724 
As of March 31, 2026, the Company had settled the consideration payable. In connection with the acquisition, substantially all of the outstanding and unvested equity awards of Deliveroo were replaced with DoorDash RSUs. The acquisition date fair value of the replacement equity awards was $80 million, of which $2 million is included in the purchase consideration.
The total purchase consideration of the Deliveroo acquisition was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The Company recorded $1,981 million of goodwill, which represents the excess of the purchase price over the net assets acquired. Goodwill is primarily attributed to the assembled workforce and anticipated synergies from the potential future growth of the Company’s and Deliveroo’s platforms and the expected strategic advantages from combining the Company’s and Deliveroo’s geographical footprint and operations. The goodwill recorded in connection with the acquisition of Deliveroo is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimates, judgments and assumptions, and are considered preliminary and subject to change within the measurement period, including potential adjustments primarily related to tax reserves, other accrued liabilities and other working capital accounts, as additional information is received. The Company expects to finalize the allocation of the purchase price as soon as practicable, but no later than one year from the acquisition date when the measurement period ends.
The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed as of the acquisition date (in millions):
October 2, 2025
Current assets$1,222 
Intangible assets1,498 
Goodwill1,981 
Other non-current assets110 
Current liabilities(800)
Contingent liabilities
(102)
Deferred tax liability
(152)
Other non-current liabilities
(33)
Total
$3,724 
Acquired contingent liabilities relate to outstanding legal provisions and are measured in accordance with ASC 450, Contingencies.
The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years):
Estimated Useful LifeOctober 2, 2025
Restaurant merchant relationships11$486 
Trade name10297
Customer relationships4445
New vertical merchant relationships440
Developed technology2216
Rider relationships214
Total acquired intangible assets$1,498 
The restaurant merchant, new verticals merchant, customer, and rider relationship intangible assets represent the estimated fair value of Deliveroo’s established relationships with restaurant partners, grocery and retail merchants, consumers utilizing the platform, and courier partners that provide delivery services. The developed technology intangible asset represents Deliveroo’s proprietary software and applications that support the platform’s ordering, delivery, and logistics capabilities. The trade name intangible asset represents the estimated fair value of the Deliveroo brand and its market recognition. Restaurant merchant relationships were valued using the multi-period excess earnings method of the income approach. Merchant relationships related to new verticals were valued using a with-and-without method, measuring the incremental cash flows generated by these relationships compared to a scenario in which they did not exist. User and rider relationships were valued using a replacement cost method. The developed technology and trade name were valued using the relief-from-royalty method of the income approach. The Company expects to amortize these intangible assets on a straight-line basis over their respective estimated useful lives.
SevenRooms Acquisition
On June 13, 2025, the Company completed the acquisition of 100 percent of the outstanding equity interests of SevenRooms Inc. (“SevenRooms”), which was accounted for under the acquisition method of accounting. The acquisition will enhance the Company's platform by equipping merchants with tools to manage reservations and tables, better connect with consumers through customer relationship management, and improve their marketing. The Company’s acquisition-related costs were $13 million and all costs were recorded as general and administrative expenses on the Company’s condensed consolidated statements of operations during the period in which they were incurred. The acquisition date fair value of the consideration transferred for SevenRooms was $1,152 million, which consisted of the following (in millions):
Fair Value
Cash
$902 
Deferred cash consideration
250 
Total consideration$1,152 

As of March 31, 2026, the Company had settled $209 million in deferred cash consideration, with $41 million remaining to be settled in future periods. For certain SevenRooms employees, a portion of their total consideration was held back subject to revesting. A total of $38 million of these employees’ holdback was included as part of the deferred cash consideration and the remaining $56 million represents compensation for post-combination services to be recognized over the service period.

The total purchase consideration of the SevenRooms acquisition was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The Company recorded $890 million of goodwill which represents the excess of the purchase price over the net assets acquired. Goodwill is primarily attributed to the assembled workforce of SevenRooms and anticipated synergies arising from potential future growth and an enhanced platform to help merchants serve their customers across all channels. The goodwill recorded in connection with the acquisition of SevenRooms is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimates, judgments and assumptions, and are considered preliminary pending finalization of the valuation analyses pertaining to assets acquired and liabilities assumed, which primarily relate to working capital accounts. The Company expects to finalize the allocation of the purchase price as soon as practicable, but no later than one year from the acquisition date when the measurement period ends.

The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed as of the acquisition date (in millions):
June 13, 2025
Current assets$24 
Intangible assets365 
Goodwill890 
Other non-current assets
Current liabilities(106)
Deferred tax liability, net(23)
Total
$1,152 

The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful lives as of the date of acquisition (in years):

Estimated Useful LifeJune 13, 2025
Existing technology6$139 
Strategic customer relationships
14165 
Other customer relationships
755 
Trade name
4
Total acquired intangible assets$365 

Existing technology represents the online and mobile SevenRooms platform for reservations, table management, and guest engagement. The customer relationships represent the fair value of the underlying relationships with its customers, including strategic customers such as global hotel chains and casino resorts, and small and mid-size businesses. The estimated fair values of the developed technology and trade name were determined using the relief-from-royalty method of the income approach. The estimated fair values of the customer relationships were determined using the multi-period excess earnings method of the income approach. The Company expects to amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives.

Symbiosys Acquisition
On May 28, 2025, the Company acquired Symbiosys Corp. (“Symbiosys”), a retail media platform company, to expand offsite advertising capabilities. The acquisition was accounted for under the acquisition method of accounting.
The acquisition date fair value of the purchase consideration was $121 million, which consisted of the following (in millions):
Fair Value
Cash
$89 
Deferred cash consideration
29 
Fair value of previously held equity interest
Total purchase consideration
$121 

As of March 31, 2026, the Company had settled $14 million in deferred cash consideration, with $15 million remaining to be settled in future periods. For certain Symbiosys employees, a portion of their total consideration was restricted subject to vesting over various service periods. A total of $14 million of these employees’ consideration was included as part of the deferred cash consideration and the remaining $53 million represents compensation for post-combination services to be recognized over their respective service periods.

The total purchase consideration was allocated to the tangible and intangible assets acquired and liabilities assumed, based upon their respective fair values as of the date of acquisition. The excess of the purchase consideration over the net assets acquired was recorded as goodwill. Goodwill is primarily attributable to the anticipated synergies from the planned expansion into additional digital channels to extend the breadth of the Company’s marketing channels. The goodwill recorded in connection with the acquisition of Symbiosys is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimates, judgments and assumptions, and are considered preliminary pending finalization of the valuation analyses pertaining to assets acquired and liabilities assumed, which primarily relate to working capital accounts. The measurement period will end no later than one-year from the acquisition date.
The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions):

May 28, 2025
Current assets$
Intangible assets19 
Goodwill102 
Current liabilities
(5)
Other liabilities
(2)
Total
$121 

The intangible assets acquired consisted of existing technology of $17 million and customer relationships of $2 million, which had estimated useful lives of 4 and 3 years as of the date of the acquisition, respectively.

Other Acquisitions
During the three months ended March 31, 2026, the Company acquired a company, which was accounted for under the acquisition method of accounting. The total purchase consideration was approximately $45 million, which was allocated to the tangible and intangible assets acquired and liabilities assumed based upon their respective fair values as of the acquisition date. The intangible asset acquired was composed of developed technology. Additionally, the Company recorded $34 million of goodwill, which represented the excess of the purchase price over the net assets acquired.
During the three months ended March 31, 2025, the Company acquired a company, which was accounted for under the acquisition method of accounting. The total purchase consideration was approximately $28 million, which was allocated to the tangible and intangible assets acquired and liabilities assumed based upon their respective fair values as of the acquisition date. Intangible assets acquired were primarily composed of customer relationships and vendor relationships. Additionally, the Company recorded $21 million of goodwill, which represented the excess of the purchase price over the net assets acquired.
v3.26.1
Goodwill and Intangible Assets, Net
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net Goodwill and Intangible Assets, Net
The changes in the carrying amount of goodwill during the three months ended March 31, 2026 were as follows (in millions):
Total
Balance as of December 31, 2025
$5,519 
Goodwill measurement period adjustment35 
Acquisition
34 
Effects of foreign currency translation(89)
Balance as of March 31, 2026$5,499 
Intangible assets, net consisted of the following as of December 31, 2025 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology3.1$622 $(222)$400 
Merchant relationships9.3854 (122)732 
Rider relationships1.814 (2)12 
Customer relationships6.5798 (169)629 
Trade name and trademarks8.4602 (119)483 
Assembled workforce in asset acquisitions1.310 (6)
Balance as of December 31, 2025$2,900 $(640)$2,260 
Intangible assets, net consisted of the following as of March 31, 2026 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology2.9$621 $(260)$361 
Merchant relationships9.1837 (140)697 
Rider relationships1.513 (3)10 
Customer relationships6.3787 (198)589 
Trade name and trademarks8.2590 (132)458 
Assembled workforce in asset acquisitions1.110 (7)
Balance as of March 31, 2026$2,858 $(740)$2,118 
Amortization expense associated with intangible assets was $31 million and $114 million for the three months ended March 31, 2025 and 2026, respectively.
The estimated future amortization expense of intangible assets as of March 31, 2026 is as follows (in millions):
Year Ending December 31,Amortization
Expense
Remainder of 2026$339 
2027420 
2028312 
2029263 
2030171 
Thereafter613 
Total estimated future amortization expense$2,118 
v3.26.1
Fair Value Measurements
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions):
 December 31, 2025
 Level 1Level 2Level 3Total
Cash equivalents(1)
Money market funds$1,905 $— $— $1,905 
U.S. Treasury securities— — 
Short-term investments(1)
Certificates of deposit— 25 — 25 
Commercial paper— 32 — 32 
Corporate bonds— 470 — 470 
U.S. government agency securities— 30 — 30 
U.S. Treasury securities— 361 — 361 
Mutual funds59 — — 59 
Long-term investments
Corporate bonds— 464 — 464 
U.S. government agency securities— 91 — 91 
U.S. Treasury securities— 282 — 282 
Other assets
Money market funds(2)
15 — — 15 
Non-marketable investment
— — 37 37 
Total$1,979 $1,756 $37 $3,772 
(1)Cash equivalents and short-term investments included $26 million and $151 million of time deposits, respectively, which are not subject to recurring fair value measurements.
(2)Other assets included $15 million of money market funds held in a trust account pursuant to certain insurance policies, which were recorded as long-term restricted cash equivalents.
 March 31, 2026
 Level 1Level 2Level 3Total
Cash equivalents(1)
Money market funds$2,873 $— $— $2,873 
Certificates of deposit— 
Short-term investments
Certificates of deposit— 30 — 30 
Commercial paper— 29 — 29 
Corporate bonds— 470 — 470 
U.S. government agency securities— 30 — 30 
U.S. Treasury securities— 341 — 341 
Mutual funds58 — — 58 
Long-term investments
Corporate bonds— 488 — 488 
U.S. government agency securities— 91 — 91 
U.S. Treasury securities— 270 — 270 
Other assets
Money market funds(2)
80 — — 80 
Non-marketable investment
— — 38 38 
Total$3,011 $1,751 $38 $4,800 
(1)Cash equivalents included $2 million of time deposits which are not subject to recurring fair value measurements.
(2)Other assets included $80 million of money market funds held in trust accounts pursuant to certain insurance policies, which were recorded as long-term restricted cash equivalents.

The fair value of the Company’s Level 1 financial instruments is based on quoted market prices for identical instruments in active markets. The fair value of the Company’s Level 2 fixed income securities is obtained from independent pricing services, which may use quoted market prices for identical or comparable instruments in less active markets or model driven valuations using observable market data or inputs corroborated by observable market data.
In December 2025, the Company purchased €31 million (approximately $37 million) principal amount of convertible notes issued by a private company in which the Company has a pre-existing equity investment. The convertible notes investment is accounted for at fair value with changes in fair value recorded in earnings through other income (expense), net in the condensed consolidated statements of operations, under the fair value option available for financial instruments. The Company elected the fair value option to account for the convertible notes because the Company believes it accurately reflects the value of the convertible notes and embedded features in the financial statements.
As of March 31, 2026, the fair value of the non-marketable investment in convertible notes of the private company was approximately $38 million and was included in other assets on the condensed consolidated balance sheet. The fair value was estimated using a probability weighted discounted cash flow methodology based on unobservable inputs (Level 3 on the fair value hierarchy) which reflect the best information available, including transaction pricing and market participant assumptions.

The fair value of the 2030 Notes (as defined in Note 8 - "Convertible Notes, Net") was determined based on the quote price in markets that are not active, which is considered a Level 2 valuation input. Refer to Note 8 - "Convertible Notes, Net" for the carrying amount and fair value of the 2030 Notes.
Assets Measured at Fair Value on a Non-Recurring Basis
The Company’s non-marketable equity securities accounted for using the measurement alternative are recorded at fair value on a non-recurring basis. When indicators of impairment exist or observable price changes in a same or similar security from the same issuer occur, the respective non-marketable equity security would be classified within Level 3 of the fair value hierarchy because the valuation methods include a combination of the observable transaction price at the transaction date and other unobservable inputs. Non-marketable equity securities are recorded in other assets on the condensed consolidated balance sheets.
During the three months ended March 31, 2026, the Company made investments in non-marketable equity securities of $55 million. There were no investments in non-marketable equity securities during the three months ended March 31, 2025. In the three months ended March 31, 2025 and 2026, the Company did not record any material upward or downward adjustments or impairments on its non-marketable equity securities.
Estimating the fair value of the Company’s investments in non-marketable equity securities requires the use of estimates and judgments. Changes in estimates and judgments could result in different estimates of fair value and future adjustments.
The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2025 and March 31, 2026, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expense), net in the condensed consolidated statements of operations during the period in which they were incurred (in millions):
December 31,
2025
March 31,
2026
Initial cost basis$460 $514 
Upward adjustments24 24 
Downward adjustments (including impairment)(415)(415)
Total carrying value at the end of reporting period$69 $123 
v3.26.1
Balance Sheet Components
3 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components Balance Sheet Components
Cash Equivalents and Investments
The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and investments (in millions):
 December 31, 2025
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$1,905 $— $— $1,905 
U.S. Treasury securities— — 
Time deposits
26 — — 26 
Short-term investments
Certificates of deposit25 — — 25 
Commercial paper32 — — 32 
Corporate bonds469 — 470 
U.S. government agency securities30 — — 30 
U.S. Treasury securities360 — 361 
Mutual funds57 — 59 
Time deposits
151 — — 151 
Long-term investments
Corporate bonds463 — 464 
U.S. government agency securities91 — — 91 
U.S. Treasury securities281 — 282 
Total$3,891 $$— $3,897 
 March 31, 2026
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$2,873 $— $— $2,873 
Certificates of deposit— — 
Time deposits
— — 
Short-term investments
Certificates of deposit30 — — 30 
Commercial paper29 — — 29 
Corporate bonds470 — — 470 
U.S. government agency securities30 — — 30 
U.S. Treasury securities341 — — 341 
Mutual funds56 — 58 
Long-term investments
Corporate bonds490 — (2)488 
U.S. government agency securities91 — — 91 
U.S. Treasury securities270 (1)270 
Total$4,684 $$(3)$4,684 
For investments with unrealized loss positions, the Company does not intend to sell these securities and it is more likely than not that the Company will hold these securities until maturity or a recovery of the cost basis. No allowance for credit losses was recorded for these securities as of December 31, 2025, and March 31, 2026.
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in millions):
December 31,
2025
March 31,
2026
Prepaid expenses$414 $413 
Deferred contract costs79 79 
Other receivable279 203 
Other current assets397 425 
Total$1,169 $1,120 
Property and Equipment, net
Property and equipment, net consisted of the following (in millions):
December 31,
2025
March 31,
2026
Equipment for merchants$235 $243 
Computer equipment and software126 132 
Capitalized software and website development costs1,895 2,071 
Leasehold improvements268 273 
Office and other equipment149 159 
Construction in progress48 59 
Total2,721 2,937 
Less: Accumulated depreciation and amortization(1,654)(1,795)
Property and equipment, net$1,067 $1,142 
Depreciation expenses were $34 million and $43 million for the three months ended March 31, 2025 and 2026, respectively.
The Company capitalized $114 million and $176 million in capitalized software and website development costs during the three months ended March 31, 2025 and 2026, respectively. Capitalized software and website development costs are included in property and equipment, net on the condensed consolidated balance sheets. Amortization of capitalized software and website development costs was $87 million and $112 million for the three months ended March 31, 2025 and 2026, respectively. Construction in progress primarily included leasehold improvements on premises that are not ready for use and equipment for merchants that are not placed in service.
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
December 31,
2025
March 31,
2026
Dasher and merchant payable$1,703 $1,750 
Insurance reserves1,114 1,088 
Sales tax payable and accrued sales and indirect taxes589 591 
Contract liabilities547 538 
Accrued operations related expenses502 470 
Accrued compensation and benefits282 342 
Litigation reserves263 284 
Accrued advertising170 168 
Other475 422 
Total$5,645 $5,653 
v3.26.1
Convertible Notes, Net
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Convertible Notes, Net Convertible Notes, Net
2030 Notes

In May 2025, the Company issued $2.75 billion aggregate principal amount of 0% Convertible Senior Notes due 2030 (the “2030 Notes”). The total proceeds from the issuance of the 2030 Notes, net of debt issuance costs, were approximately $2.72 billion.

The 2030 Notes are senior, unsecured obligations of the Company and will mature on May 15, 2030, unless earlier repurchased, redeemed, or converted, and are governed by the terms of an indenture (the "Indenture"), dated as of May 30, 2025, between the Company and U.S. Bank Trust Company, National Association, as trustee. The 2030 Notes do not bear regular cash interest. Special interest and additional interest, if any, may accrue on the 2030 Notes at a combined rate per annum not exceeding 0.50% upon the occurrence of certain events relating to the failure to file certain reports with the SEC or to remove certain restrictive legends from the 2030 Notes.

Holders of the 2030 Notes may convert all or any portion of their 2030 Notes at their option prior to November 15, 2029, under the following circumstances:

a.during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on September 30, 2025, if the last reported sale price per share of the Company’s Class A common stock exceeds 130% of the conversion price for each of at least 20 trading days (whether or not consecutive) during the 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter;
b.during the 5 consecutive business days after any 10 consecutive trading day period in which the trading price per $1,000 principal amount of the 2030 Notes for each trading day of such 10-day period was less than 98% of the product of the last reported sale price per share of the Company’s Class A common stock and the conversion rate on each such trading day; or
c.upon the occurrence of specified corporate events or distributions on the Company’s Class A common stock, in each case, as set forth in the Indenture.

Holders of the 2030 Notes may also convert their 2030 Notes (i) if the Company calls such 2030 Notes for redemption; and (ii) at any time on or after November 15, 2029 until the close of business on the second scheduled trading day immediately before the maturity date.

Upon conversion of any 2030 Notes, the conversion value will be paid in cash up to at least the principal amount of the 2030 Notes being converted. Any amount of the conversion value in excess of the principal portion of such 2030 Notes may be settled in cash or shares of the Company’s Class A common stock, or a combination thereof, at the Company’s option. The 2030 Notes are convertible at an initial conversion rate of 3.425 shares of the Company's Class A common stock per $1,000 principal amount of the 2030 Notes, which is equivalent to an initial conversion price of approximately $291.97 per share of the Company's Class A common stock. The conversion rate may be subject to certain anti-dilution adjustments and/or a make-whole adjustment upon the occurrence of specified events set forth in the Indenture. As of March 31, 2026, there have been no changes to the initial conversion price of the 2030 Notes since the issuance date. Based on the closing price of the Company’s Class A common stock of $150.15 on the last trading day of the quarter, the if-converted value of the 2030 Notes did not exceed the principal value of the 2030 Notes as of March 31, 2026.

The Company may not redeem the notes prior to May 20, 2028. The 2030 Notes will be redeemable, in whole or in part (subject to certain limitations set forth in the Indenture), for cash, at the Company’s option, on or after May 20, 2028 and on or before the 20th scheduled trading day immediately before the maturity date, but only if (i) the 2030 Notes are “Freely Tradable” (as defined in the Indenture), and all accrued and unpaid additional interest, if any, has been paid as of the date the Company sends the related redemption notice and (ii) the last reported sale price per share of the Company’s Class A common stock exceeds 130% of the conversion price on each of at least 20 trading days (whether or not consecutive) including the last trading day, during the 30 consecutive trading days ending on, and including, the trading day immediately before the date the Company sends such redemption notice. The redemption price will be equal to 100% of the principal amount of the 2030 Notes to be redeemed, plus accrued and unpaid special interest and additional interest, if any, to, but excluding, the redemption date. In addition, calling any 2030 Notes for redemption will constitute a "Make-Whole Fundamental Change" (as defined in the Indenture) with respect to such 2030 Notes, in which case the conversion rate applicable to the conversion of such 2030 Notes will be increased in certain circumstances if it is converted after it is called for redemption.

If the Company undergoes a “Fundamental Change” (as defined in the Indenture), then holders of the 2030 Notes may require the Company to repurchase for cash all or any portion of their 2030 Notes at a repurchase price equal to 100% of
the principal amount of the 2030 Notes to be repurchased, plus accrued and unpaid special interest and additional interest, if any, to, but excluding, the fundamental change repurchase date.

The Indenture contains customary events of default and limited covenants. No sinking fund is required to be provided for the 2030 Notes.

As of March 31, 2026, none of the conditions described in the paragraphs above relating to convertibility or mandatory redemption were met. Therefore, the 2030 Notes are classified as long-term debt.

The net carrying value, net of the 2030 Notes consisted of the following as of March 31, 2026 (in millions):

March 31,
2026
Principal
$2,750 
Less: debt issuance costs, net of amortization
(25)
Carrying value, net$2,725 

The effective interest rate of the 2030 Notes is 0.22% per annum. The fair value of the 2030 Notes was $2.5 billion as of March 31, 2026 and was determined based on the quote price in markets that are not active, which is considered a Level 2 valuation input.

2030 Note Hedges and Warrant Transactions

In May 2025, in connection with the offering of the 2030 Notes, the Company entered into privately negotiated convertible note hedge transactions whereby the Company has the option to purchase an initial total of approximately 9.4 million shares of its Class A common stock at an initial strike price of approximately $291.97 per share (the “Note Hedges”). The total cost of the Note Hedges was approximately $680 million.

In addition, the Company sold warrants whereby the holders of the warrants have the option to purchase an initial total of approximately 9.4 million shares of the Company’s Class A common stock at an initial strike price of $512.225 per share (the “Warrants”). The Company received approximately $341 million in cash proceeds from the sale of the Warrants.

Both the number of shares underlying the Note Hedges and the Warrants and the strike prices of the instruments are subject to customary anti-dilution adjustments. The Note Hedges are expected generally to reduce potential dilution to the Company's Class A common stock upon the conversion of any 2030 Notes and/or offset any cash payments the Company is required to make in excess of the principal amount of any converted 2030 Notes, as the case may be, to the extent the market price per share of the Company’s Class A common stock exceeds the then-applicable strike price of the Note Hedges. The Warrants may separately have a dilutive effect with respect to the Company’s Class A common stock to the extent the market price per share of the Company’s Class A common stock exceeds the then-applicable strike price of the Warrants, unless the Company elects, subject to certain conditions, to settle the Warrants in cash.

The Note Hedges and the Warrants are equity-classified instruments as a result of being indexed to the Company’s Class A common stock and meeting equity classification criteria, and the instruments will not be remeasured in subsequent periods as long as they continue to meet these accounting criteria. The net cost of approximately $339 million for the purchase of the Note Hedges and sale of the Warrants was recorded as a reduction to additional paid-in capital in the Company’s condensed consolidated balance sheets.
v3.26.1
Commitments and Contingencies
3 Months Ended
Mar. 31, 2026
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
Legal Proceedings
From time to time, the Company is a party to litigation and subject to claims incidental to its business. Although the results of litigation and claims cannot be predicted with certainty, the Company currently believes that the final outcome of ongoing matters will not have a material adverse effect on its business. Regardless of the outcome, litigation can have an adverse impact on the Company because of judgment, defense and settlement costs, diversion of management resources, and other factors. At each reporting period, the Company evaluates whether or not a potential loss amount or a potential range of loss is probable and reasonably estimable, requiring recognition of a loss accrual, or whether the potential loss is reasonably possible, requiring potential disclosure. Legal fees are expensed as incurred.
The Company is currently the subject of regulatory and administrative investigations, audits, demands, and inquiries conducted by federal, state, or local governmental agencies concerning the Company’s business practices, the classification and compensation of Dashers, the DoorDash Dasher pay models, compliance with consumer protection laws, privacy, cybersecurity, tax issues, unemployment insurance, workers' compensation insurance, and other matters. For example, the Company is currently under audit by the Employment Development Department, State of California (the “CA EDD”) for payroll tax liabilities. In January 2023, the CA EDD issued an assessment for certain amounts that it found to be owed by the Company on behalf of Dashers due to their being classified as independent contractors. The Company believes that Dashers are, and have been, properly classified as independent contractors. Accordingly, the Company believes that it has meritorious defenses and intends to vigorously appeal such adverse assessment. However, the ultimate resolution of the audit is uncertain and, accordingly, the Company has recorded an accrual for this matter within accrued expenses and other current liabilities on the condensed consolidated balance sheets as of March 31, 2026. The results of investigations, audits, demands, and inquiries and related governmental action are inherently unpredictable and, as such, there is always the risk of an investigation, audit, demand, or inquiry having a material impact on the Company's business, financial condition, and results of operations.
Indemnification
The Company enters into standard indemnification arrangements in the ordinary course of business. Pursuant to these arrangements, the Company agrees to indemnify, hold harmless, and reimburse the indemnified parties for losses suffered or incurred by the indemnified party, in connection with any trade secret, copyright, patent, or other intellectual property infringement claim by any third party with respect to the Company's technology. The terms of these indemnification agreements are generally perpetual any time after the execution of the agreement.
In addition, the Company has entered into indemnification agreements with its directors and officers that may require the Company to indemnify its directors and officers against liabilities that may arise by reason of their status or service as directors or officers of the Company, other than liabilities arising from willful misconduct of the individual.
The maximum potential amount of future payments the Company could be required to make under these agreements is not determinable because it involves claims that may be made against the Company in the future, but have not yet been made. The Company has not incurred costs to defend lawsuits or settle claims related to these indemnification agreements. No liability associated with such indemnifications was recorded as of December 31, 2025 and March 31, 2026.
Insurance Collateral
The Company is required to maintain collateral in connection with certain insurance policies, which can be held in a combination of cash, surety bonds, and letters of credit. As of March 31, 2026, the Company had $582 million of collateral outstanding in the form of surety bonds and letters of credit in connection with the insurance collateral requirement.
Revolving Credit Facility and Letters of Credit
In November 2019, the Company entered into a revolving credit and guaranty agreement, which, as most recently amended and restated on April 26, 2024, provides for an unsecured revolving credit facility of up to $800 million, with a letter of credit sublimit of $600 million, maturing on April 26, 2029. Loans under the revolving credit facility bear interest at the Company’s option, at (i) a base rate equal to the highest of (A) the prime rate, (B) the higher of the federal funds rate or a composite overnight bank borrowing rate plus 0.50%, or (C) an adjusted term Secured Overnight Financing Rate (“SOFR”) for a one-month interest period plus 1.00%, or (ii) an adjusted SOFR (based on an interest period of one, three, or six months) plus a margin equal to 1.00%. The Company is also obligated to pay other customary fees for a credit facility of this size and type, including letter of credit fees, an upfront fee, and an unused commitment fee of 0.10%. The Company's obligations under the revolving credit facility are guaranteed by certain of its domestic subsidiaries meeting materiality thresholds set forth in the credit agreement. The credit agreement contains customary affirmative covenants and customary negative covenants that restrict the Company's ability and its subsidiaries’ ability to, among other things, incur subsidiary indebtedness, grant liens, declare cash dividends or make certain other distributions, repurchase stock, merge or consolidate with other companies or sell substantially all of the assets of the Company and its subsidiaries, taken as a whole, make investments and loans, and engage in certain transactions with affiliates. The Company must also maintain compliance with a maximum senior net leverage ratio, measured quarterly, determined in accordance with the terms of the credit agreement.
As of December 31, 2025 and March 31, 2026, the Company was in compliance with the covenants under the credit agreement. As of December 31, 2025 and March 31, 2026, no revolving loans were outstanding under the credit facility.
In addition to the letters of credit maintained in connection with the insurance collateral requirement, the Company also maintains letters of credit established primarily for real estate leases and insurance policies. As of December 31, 2025 and March 31, 2026, the Company had $106 million and $91 million of issued letters of credit outstanding, respectively, of which $61 million and $42 million, respectively, were issued from the revolving credit and guaranty agreement.
Sales and Indirect Tax Matters
The Company records sales and indirect tax liabilities as they become probable and the amount can be reasonably estimated. These reserves are included in accrued expenses and other current liabilities on the condensed consolidated balance sheets. The Company is under audit by various state, local, and foreign tax authorities with regard to sales and indirect tax matters. The timing of the resolution of indirect tax examinations is highly uncertain, and the amounts ultimately paid, if any, upon resolution of the issues raised by the tax authorities may differ from the amounts accrued.
v3.26.1
Common Stock
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Common Stock Common Stock
Share Repurchase Program
In February 2025, the Company announced the authorization of a share repurchase program for the repurchase of shares of its Class A common stock in an aggregate amount of up to $5.0 billion, which is inclusive of the remaining share repurchase authority of $876 million under the share repurchase program that was previously announced by the Company in February 2024. During the three months ended March 31, 2026, the Company repurchased 1.1 million shares of its Class A common stock at a weighted-average price of $146.93 per share for a total amount of $162 million. The shares were retired immediately upon repurchase.
Restricted Stock
The Company granted restricted stock to certain continuing employees in connection with the acquisition of Wolt Enterprises Oy ("Wolt") on May 31, 2022. Vesting of this stock is dependent on the respective employee’s continued employment at the Company during the requisite service period, which is generally up to four years from the issuance date. The fair value of the restricted stock issued to employees that is subject to post-acquisition employment is recorded as compensation expense on a straight-line basis over the requisite service period.
The activities for the restricted stock issued to employees was as follows (in thousands, except per share data):
Number of
Shares
Weighted-
Average
Grant Date
Fair Value Per Share
Unvested restricted stock as of December 31, 202574 
Granted— $— 
Vested(46)$76.91 
Forfeited— $— 
Unvested restricted stock as of March 31, 202628 
Stock Award Activities
A summary of stock option activity under the 2014 Equity Incentive Plan, 2020 Equity Incentive Plan, and 2022 Inducement Equity Incentive Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data):
Options Outstanding
Shares
subject to
Options
Outstanding
Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Balance as of December 31, 20252,411 $6.70 2.37$530 
Granted— $— 
Exercised(231)$3.70 $45 
Cancelled and forfeited(1)$13.60 
Balance as of March 31, 20262,179 $7.02 2.23$312 
Exercisable as of March 31, 20262,158 $7.05 2.24$309 
Vested and expected to vest as of March 31, 20262,179 $7.02 2.23$312 
The aggregate intrinsic value disclosed in the above table is based on the difference between the exercise price of the stock option and the closing stock price of the Company's Class A common stock on the Nasdaq Stock Market as of the respective period-end dates. The aggregate intrinsic value of stock options exercised during the three months ended March 31, 2025 and 2026 was $134 million and $45 million, respectively. There were no stock options granted during the three months ended March 31, 2025 and 2026.
A summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data):
Number of
Shares
Weighted-
Average
Grant Date
Fair Value Per Share
Aggregate
Intrinsic
Value
Unvested RSUs as of December 31, 202523,961 $5,427 
Granted675 $178.34 
Vested(2)$124.33 
Vested and settled(2,555)$116.73 
Forfeited(640)$164.19 
Unvested RSUs as of March 31, 202621,439 $3,219 
The aggregate intrinsic value disclosed in the above table is based on the closing stock price of the Company's Class A common stock on the Nasdaq Stock Market as of the respective period-end dates. The weighted-average fair value per share of RSUs granted during the three months ended March 31, 2025 and 2026 was $194.57 and $178.34, respectively.
Stock-Based Compensation Expense
The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions):
Three Months Ended March 31,
20252026
Cost of revenue, exclusive of depreciation and amortization$33 $35 
Sales and marketing26 23 
Research and development116 113 
General and administrative60 57 
Restructuring charges
— 
Total stock-based compensation expense$235 $231 
In November 2020, the Company’s board of directors approved the grant of 10,379,000 performance-based RSUs to the Company's Chief Executive Officer (the “CEO Performance Award”), of which 9,341,100 remain eligible to vest as of March 31, 2026. The CEO Performance Award vests upon the satisfaction of a service condition and achievement of certain stock price goals. As of March 31, 2026, there was no remaining unrecognized stock-based compensation expense related to the CEO Performance Award.
As of March 31, 2026, there was $1.6 billion of unrecognized stock-based compensation expense related to unvested restricted stock and RSUs. The Company expects to recognize this expense over the remaining weighted-average period of 2.34 years.
v3.26.1
Income Taxes
3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company’s tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate and, if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment to tax expense or benefit in the period. The primary difference between the effective tax rate and the federal statutory tax rate is due to the valuation allowance on the Company’s deferred tax assets in certain jurisdictions.
The Company recorded a $6 million and $8 million provision for income taxes for the three months ended March 31, 2025 and 2026, respectively. The provision for income taxes for the three months ended March 31, 2025 was primarily attributable to pre-tax book income in the U.S. resulting in federal and state income taxes, offset by losses generated in non-U.S. jurisdictions for which a tax benefit can be realized. The provision for income taxes for the three months ended March 31, 2026 was primarily attributable to pre-tax book income resulting in state and foreign income taxes.
The Company regularly assesses the realizability of its deferred tax assets and establishes a valuation allowance if it is more-likely-than-not that some, or all, of its deferred tax assets will not be realized in the future. The Company evaluates and weighs all available evidence, both positive and negative, including its historic operating results, future reversals of existing deferred tax liabilities, as well as projected future taxable income. Changes in earnings performance and future earnings projections, among other factors, may cause the Company to adjust the valuation allowance on deferred tax assets, which could materially impact the income tax expense in the period the Company determines that these factors have changed. As of March 31, 2026, the Company maintains a full valuation allowance on its net deferred tax assets except for certain foreign jurisdictions.
The Company is subject to income tax audits in the U.S. and foreign jurisdictions. The Company recorded liabilities related to uncertain tax positions and believes that the Company has provided adequate reserves for income tax uncertainties in all open tax years. To the extent the Company has tax attribute carryforwards, the tax years in which the attribute was generated may still be adjusted upon examination by the federal, state, or foreign tax authorities to the extent utilized in a future period.
v3.26.1
Net Income per Share Attributable to DoorDash, Inc. Common Stockholders
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Net Income per Share Attributable to DoorDash, Inc. Common Stockholders Net Income per Share Attributable to DoorDash, Inc. Common Stockholders
The Company computes net income per share attributable to DoorDash, Inc. common stockholders using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock and Class B common stock are identical, other than voting rights.
Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net income and losses. The computations of diluted net income per share of Class A common stock for the three months ended March 31, 2025 and 2026 do not assume the conversion of Class B common stock to Class A common stock because including such shares would have an anti-dilutive effect.
The following table sets forth the calculation of basic and diluted net income per share attributable to DoorDash, Inc. common stockholders during the periods presented (in millions, except share amounts which are reflected in thousands, and per share data):
Three Months Ended March 31,
20252026
Class AClass BClass AClass B
Basic net income per share
Numerator
Net income including redeemable non-controlling interests180 12 173 10 
Less: Net loss attributable to redeemable non-controlling interests(1)— (1)— 
Net income attributable to DoorDash, Inc. common stockholders181 12 174 10 
Denominator
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders395,951 25,471 410,961 24,468 
Basic net income per share attributable to DoorDash, Inc. common stockholders$0.46 $0.46 $0.42 $0.42 
Three Months Ended March 31,
20252026
Class AClass BClass AClass B
Diluted net income per share
Numerator
Net income attributable to DoorDash, Inc. common stockholders181 12 174 10 
Denominator
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders395,951 25,471 410,961 24,468 
Weighted-average effect of potentially dilutive securities14,141 — 6,897 — 
Weighted-average number of shares outstanding used to compute diluted net income per share attributable to DoorDash, Inc. common stockholders410,092 25,471 417,858 24,468 
Diluted net income per share attributable to DoorDash, Inc. common stockholders$0.44 $0.44 $0.42 $0.42 
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income per share because including such shares would have an anti-dilutive effect, or the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands):
Three Months Ended March 31,
20252026
Unvested restricted stock and restricted stock units10,588 11,531 
Escrow shares72 72 
Convertible notes
— 9,419 
Warrants related to the issuance of convertible notes
— 9,419 
Total10,660 30,441 
v3.26.1
Restructuring
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
During the three months ended March 31, 2026, the Company initiated certain restructuring activities, including the announced exit of operations in certain countries. These decisions reflected the Company’s continued focus on the geographies where the Company believes it can offer the best products and build for long-term success. Exiting operations in these countries was substantially completed as of March 31, 2026.
For the three months ended March 31, 2026, the Company recorded $48 million in restructuring charges in connection with the restructuring activities, consisting of employee termination costs, and other costs related to the closure of operations in certain countries. These expenses are included in restructuring charges in the Company’s condensed consolidated statements of operations, and unpaid amounts are included in accrued expenses and other current liabilities on its condensed consolidated balance sheets. The Company expects that most cash payments and expenses related to the restructuring activities will be substantially completed by the end of 2026.

The following table summarizes the components of, and changes in, the accrued restructuring charges for the three months ended March 31, 2026 (in millions):

Employee
termination costs
Other
related costs
Total
Balance as of January 1, 2026$— $— $— 
Restructuring charges incurred during the quarter33 15 48 
Cash payments
(7)(5)(12)
Non-cash adjustments
(3)(7)(10)
Balance as of March 31, 2026$23 $$26 

For the three months ended March 31, 2025, there were $1 million in restructuring charges from certain restructuring activities. As of March 31, 2025, the liabilities related to these restructuring activities were immaterial.
v3.26.1
Segment Reporting
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s Chief Executive Officer is the Company’s Chief Operating Decision Maker ("CODM"). The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance by comparing forecasted to actual monthly financial performance. As such, the Company has determined that it operates in one reportable segment. The significant segment expenses regularly provided to the CODM was as follows (in millions):
Three Months Ended March 31,
20252026
Revenue$3,032 $4,036 
Less:
Depreciation and amortization152 269 
Stock-based compensation235 231 
Cost of revenue*1,467 1,957 
Sales and marketing*560 723 
Research and development*190 285 
General and administrative*272 375 
Restructuring charges*45 
Total costs and expenses2,877 3,885 
Income from operations155 151 
Interest income, net49 34 
Other income (expense), net(6)
Income before income taxes198 191 
Provision for income taxes
Net income including redeemable non-controlling interests192 183 
Net loss attributable to redeemable non-controlling interests
(1)(1)
Net income (loss) attributable to DoorDash, Inc. common stockholders$193 $184 
*Exclusive of stock-based compensation and depreciation and amortization shown separately.
v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
In April 2026, the Company repurchased an additional 283 thousand shares of its Class A common stock at a weighted average price of $149.09 per share for a total amount of approximately $43 million. The shares were retired immediately upon repurchase.
v3.26.1
Insider Trading Arrangements
3 Months Ended
Mar. 31, 2026
shares
Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Shona Brown [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On March 4, 2026, Shona Brown, a member of our board of directors and our lead independent director, through the Shona L. Brown Living Trust, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 13,582 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until June 12, 2027, or earlier if all transactions under the trading arrangement are completed.
Name Shona Brown
Title board of directors and our lead independent director
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 4, 2026
Expiration Date June 12, 2027
Arrangement Duration 465 days
Aggregate Available 13,582
Andy Fang [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On March 6, 2026, Andy Fang, our co-founder and Head of LaunchPad, through The AF Living Trust, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 230,000 shares of our Class A common stock held by The AF Living Trust. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until May 31, 2027, or earlier if all transactions under the trading arrangement are completed.
Name Andy Fang
Title co-founder and Head of LaunchPad
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 6, 2026
Expiration Date May 31, 2027
Arrangement Duration 451 days
Aggregate Available 230,000
Tia Sherringham [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On March 6, 2026, Tia Sherringham, our General Counsel and Secretary, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 80,456 shares of our Class A common stock. The actual number of shares sold under the trading arrangement will be net of shares withheld for taxes upon vesting and settlement of the RSUs subject to the trading arrangement. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until June 30, 2027, or earlier if all transactions under the trading arrangement are completed.
Name Tia Sherringham
Title General Counsel and Secretary
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 6, 2026
Expiration Date June 30, 2027
Arrangement Duration 481 days
Aggregate Available 80,456
v3.26.1
Summary of Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Basis of Presentation
Basis of Presentation
The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany balances and transactions have been eliminated in consolidation.
These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Interim results are not necessarily indicative of the results for a full year.
Reclassifications
Reclassifications
Certain amounts from prior periods have been reclassified to conform to the current period presentation.
Use of Estimates
Use of Estimates
The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and
goodwill, the incremental borrowing rate applied in lease accounting, impairment of long-lived assets, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates.
Recent Accounting Pronouncements Not Yet Adopted
Recent Accounting Pronouncements Not Yet Adopted
In November 2024, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses" ("ASU 2024-03"), which requires disclosure, on an annual and interim basis, of specified information about certain costs and expenses in the notes to financial statements. ASU 2024-03 will be effective for fiscal years beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.
In September 2025, the FASB issued Accounting Standards Update 2025-06, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software" (“ASU 2025-06”), which removes all references to prescriptive and sequential software development stages and establishes new criteria for the capitalization of internal-use software costs. ASU 2025-06 is effective for fiscal years beginning after December 15, 2027, and interim periods within fiscal years beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact of the adoption of this guidance on its consolidated financial statements and disclosures.
Revenue
Contract Liabilities
The timing of revenue recognition may differ from the timing of invoicing to or collections from customers. The Company’s contract liabilities balance, which is included in accrued expenses and other current liabilities on the condensed consolidated balance sheets, is primarily composed of unredeemed gift cards, prepayments received from consumers and merchants, certain consumer credits as well as other transactions for which the revenue is recognized over time.
Deferred Contract Costs
Deferred contract costs represent direct and incremental costs incurred to acquire or fulfill the Company’s contracts, consisting of sales commissions and costs related to merchant onboarding, which the Company expects to recover. Deferred contract costs are amortized on a straight-line basis over the expected period of benefit, which the Company determined by considering historical attrition rates and other factors. Deferred contract costs are recorded in prepaid expenses and other current assets and other assets on the condensed consolidated balance sheets. Amortization of deferred contract costs related to sales commissions is recognized in sales and marketing expense and amortization of deferred contract costs related to merchant onboarding is recognized in cost of revenue, exclusive of depreciation and amortization in the condensed consolidated statements of operations.
Fair Value
The fair value of the Company’s Level 1 financial instruments is based on quoted market prices for identical instruments in active markets. The fair value of the Company’s Level 2 fixed income securities is obtained from independent pricing services, which may use quoted market prices for identical or comparable instruments in less active markets or model driven valuations using observable market data or inputs corroborated by observable market data.
In December 2025, the Company purchased €31 million (approximately $37 million) principal amount of convertible notes issued by a private company in which the Company has a pre-existing equity investment. The convertible notes investment is accounted for at fair value with changes in fair value recorded in earnings through other income (expense), net in the condensed consolidated statements of operations, under the fair value option available for financial instruments. The Company elected the fair value option to account for the convertible notes because the Company believes it accurately reflects the value of the convertible notes and embedded features in the financial statements.
As of March 31, 2026, the fair value of the non-marketable investment in convertible notes of the private company was approximately $38 million and was included in other assets on the condensed consolidated balance sheet. The fair value was estimated using a probability weighted discounted cash flow methodology based on unobservable inputs (Level 3 on the fair value hierarchy) which reflect the best information available, including transaction pricing and market participant assumptions.

The fair value of the 2030 Notes (as defined in Note 8 - "Convertible Notes, Net") was determined based on the quote price in markets that are not active, which is considered a Level 2 valuation input. Refer to Note 8 - "Convertible Notes, Net" for the carrying amount and fair value of the 2030 Notes.
v3.26.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions):
 Three Months Ended March 31,
 20252026
United States$2,656 $3,104 
International(1)
376 932 
Total revenue$3,032 $4,036 
(1)No individual country outside the United States represented 10% or more of total consolidated revenue for the periods presented.
Contract Liabilities A summary of activities related to contract liabilities for the three months ended March 31, 2026 was as follows (in millions):
 Three Months Ended March 31, 2026
Beginning balance$547 
Addition to contract liabilities1,187 
Reduction of contract liabilities(1)(2)
(1,196)
Ending balance$538 
(1)Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so.
(2)Included in the beginning balance of contract liabilities was $328 million associated with unearned prepayments received by the Company, of which $187 million was recognized as revenue during the three months ended March 31, 2026. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less.
Deferred Contract Costs A summary of activities related to deferred contract costs was as follows (in millions):
 Three Months Ended March 31,
 20252026
Beginning balance$157 $191 
Addition to deferred contract costs24 22 
Amortization of deferred contract costs(17)(21)
Ending balance$164 $192 
Deferred contract costs, current$67 $79 
Deferred contract costs, non-current97 113 
Total deferred contract costs$164 $192 
Allowance for Credit Losses
The allowance for credit losses related to accounts receivable and changes were as follows (in millions):
Three Months Ended March 31,
20252026
Beginning balance$22 $45 
Current-period provision for expected credit losses
Write-offs charged against the allowance(1)(2)
Ending balance$26 $51 
v3.26.1
Acquisitions (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition The acquisition date fair value of the consideration transferred for Deliveroo was $3,724 million, which consisted of the following (in millions):
Fair Value
Consideration payable
$3,722 
Stock-based compensation awards attributable to pre-combination services
Total purchase consideration
$3,724 
The acquisition date fair value of the consideration transferred for SevenRooms was $1,152 million, which consisted of the following (in millions):
Fair Value
Cash
$902 
Deferred cash consideration
250 
Total consideration$1,152 
The acquisition date fair value of the purchase consideration was $121 million, which consisted of the following (in millions):
Fair Value
Cash
$89 
Deferred cash consideration
29 
Fair value of previously held equity interest
Total purchase consideration
$121 
Business Combination, Recognized Asset Acquired and Liability Assumed
The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed as of the acquisition date (in millions):
October 2, 2025
Current assets$1,222 
Intangible assets1,498 
Goodwill1,981 
Other non-current assets110 
Current liabilities(800)
Contingent liabilities
(102)
Deferred tax liability
(152)
Other non-current liabilities
(33)
Total
$3,724 
The following table summarizes the preliminary fair value of the assets acquired and liabilities assumed as of the acquisition date (in millions):
June 13, 2025
Current assets$24 
Intangible assets365 
Goodwill890 
Other non-current assets
Current liabilities(106)
Deferred tax liability, net(23)
Total
$1,152 
The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions):

May 28, 2025
Current assets$
Intangible assets19 
Goodwill102 
Current liabilities
(5)
Other liabilities
(2)
Total
$121 
Business Combination, Intangible Asset, Acquired, Finite-Lived
The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years):
Estimated Useful LifeOctober 2, 2025
Restaurant merchant relationships11$486 
Trade name10297
Customer relationships4445
New vertical merchant relationships440
Developed technology2216
Rider relationships214
Total acquired intangible assets$1,498 
Business Combination, Intangible Asset, Acquired, Finite-Lived and Indefinite-Lived
The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful lives as of the date of acquisition (in years):

Estimated Useful LifeJune 13, 2025
Existing technology6$139 
Strategic customer relationships
14165 
Other customer relationships
755 
Trade name
4
Total acquired intangible assets$365 
v3.26.1
Goodwill and Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill during the three months ended March 31, 2026 were as follows (in millions):
Total
Balance as of December 31, 2025
$5,519 
Goodwill measurement period adjustment35 
Acquisition
34 
Effects of foreign currency translation(89)
Balance as of March 31, 2026$5,499 
Schedule of Intangible Assets
Intangible assets, net consisted of the following as of December 31, 2025 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology3.1$622 $(222)$400 
Merchant relationships9.3854 (122)732 
Rider relationships1.814 (2)12 
Customer relationships6.5798 (169)629 
Trade name and trademarks8.4602 (119)483 
Assembled workforce in asset acquisitions1.310 (6)
Balance as of December 31, 2025$2,900 $(640)$2,260 
Intangible assets, net consisted of the following as of March 31, 2026 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology2.9$621 $(260)$361 
Merchant relationships9.1837 (140)697 
Rider relationships1.513 (3)10 
Customer relationships6.3787 (198)589 
Trade name and trademarks8.2590 (132)458 
Assembled workforce in asset acquisitions1.110 (7)
Balance as of March 31, 2026$2,858 $(740)$2,118 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated future amortization expense of intangible assets as of March 31, 2026 is as follows (in millions):
Year Ending December 31,Amortization
Expense
Remainder of 2026$339 
2027420 
2028312 
2029263 
2030171 
Thereafter613 
Total estimated future amortization expense$2,118 
v3.26.1
Fair Value Measures and Disclosures (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions):
 December 31, 2025
 Level 1Level 2Level 3Total
Cash equivalents(1)
Money market funds$1,905 $— $— $1,905 
U.S. Treasury securities— — 
Short-term investments(1)
Certificates of deposit— 25 — 25 
Commercial paper— 32 — 32 
Corporate bonds— 470 — 470 
U.S. government agency securities— 30 — 30 
U.S. Treasury securities— 361 — 361 
Mutual funds59 — — 59 
Long-term investments
Corporate bonds— 464 — 464 
U.S. government agency securities— 91 — 91 
U.S. Treasury securities— 282 — 282 
Other assets
Money market funds(2)
15 — — 15 
Non-marketable investment
— — 37 37 
Total$1,979 $1,756 $37 $3,772 
(1)Cash equivalents and short-term investments included $26 million and $151 million of time deposits, respectively, which are not subject to recurring fair value measurements.
(2)Other assets included $15 million of money market funds held in a trust account pursuant to certain insurance policies, which were recorded as long-term restricted cash equivalents.
 March 31, 2026
 Level 1Level 2Level 3Total
Cash equivalents(1)
Money market funds$2,873 $— $— $2,873 
Certificates of deposit— 
Short-term investments
Certificates of deposit— 30 — 30 
Commercial paper— 29 — 29 
Corporate bonds— 470 — 470 
U.S. government agency securities— 30 — 30 
U.S. Treasury securities— 341 — 341 
Mutual funds58 — — 58 
Long-term investments
Corporate bonds— 488 — 488 
U.S. government agency securities— 91 — 91 
U.S. Treasury securities— 270 — 270 
Other assets
Money market funds(2)
80 — — 80 
Non-marketable investment
— — 38 38 
Total$3,011 $1,751 $38 $4,800 
(1)Cash equivalents included $2 million of time deposits which are not subject to recurring fair value measurements.
(2)Other assets included $80 million of money market funds held in trust accounts pursuant to certain insurance policies, which were recorded as long-term restricted cash equivalents.
Summary of Carrying Value of the Company's Non-Marketable Equity Securities and Unrealized Losses
The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2025 and March 31, 2026, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expense), net in the condensed consolidated statements of operations during the period in which they were incurred (in millions):
December 31,
2025
March 31,
2026
Initial cost basis$460 $514 
Upward adjustments24 24 
Downward adjustments (including impairment)(415)(415)
Total carrying value at the end of reporting period$69 $123 
v3.26.1
Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2026
Balance Sheet Related Disclosures [Abstract]  
Schedule of Cash Equivalents and Investments
The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and investments (in millions):
 December 31, 2025
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$1,905 $— $— $1,905 
U.S. Treasury securities— — 
Time deposits
26 — — 26 
Short-term investments
Certificates of deposit25 — — 25 
Commercial paper32 — — 32 
Corporate bonds469 — 470 
U.S. government agency securities30 — — 30 
U.S. Treasury securities360 — 361 
Mutual funds57 — 59 
Time deposits
151 — — 151 
Long-term investments
Corporate bonds463 — 464 
U.S. government agency securities91 — — 91 
U.S. Treasury securities281 — 282 
Total$3,891 $$— $3,897 
 March 31, 2026
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$2,873 $— $— $2,873 
Certificates of deposit— — 
Time deposits
— — 
Short-term investments
Certificates of deposit30 — — 30 
Commercial paper29 — — 29 
Corporate bonds470 — — 470 
U.S. government agency securities30 — — 30 
U.S. Treasury securities341 — — 341 
Mutual funds56 — 58 
Long-term investments
Corporate bonds490 — (2)488 
U.S. government agency securities91 — — 91 
U.S. Treasury securities270 (1)270 
Total$4,684 $$(3)$4,684 
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following (in millions):
December 31,
2025
March 31,
2026
Prepaid expenses$414 $413 
Deferred contract costs79 79 
Other receivable279 203 
Other current assets397 425 
Total$1,169 $1,120 
Schedule of Property and Equipment, net
Property and equipment, net consisted of the following (in millions):
December 31,
2025
March 31,
2026
Equipment for merchants$235 $243 
Computer equipment and software126 132 
Capitalized software and website development costs1,895 2,071 
Leasehold improvements268 273 
Office and other equipment149 159 
Construction in progress48 59 
Total2,721 2,937 
Less: Accumulated depreciation and amortization(1,654)(1,795)
Property and equipment, net$1,067 $1,142 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
December 31,
2025
March 31,
2026
Dasher and merchant payable$1,703 $1,750 
Insurance reserves1,114 1,088 
Sales tax payable and accrued sales and indirect taxes589 591 
Contract liabilities547 538 
Accrued operations related expenses502 470 
Accrued compensation and benefits282 342 
Litigation reserves263 284 
Accrued advertising170 168 
Other475 422 
Total$5,645 $5,653 
v3.26.1
Convertible Notes, Net (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The net carrying value, net of the 2030 Notes consisted of the following as of March 31, 2026 (in millions):

March 31,
2026
Principal
$2,750 
Less: debt issuance costs, net of amortization
(25)
Carrying value, net$2,725 
v3.26.1
Common Stock (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Activities for the Restricted Stock Issued to Employees
The activities for the restricted stock issued to employees was as follows (in thousands, except per share data):
Number of
Shares
Weighted-
Average
Grant Date
Fair Value Per Share
Unvested restricted stock as of December 31, 202574 
Granted— $— 
Vested(46)$76.91 
Forfeited— $— 
Unvested restricted stock as of March 31, 202628 
Schedule of Activity under the 2014 and 2020 Plans
A summary of stock option activity under the 2014 Equity Incentive Plan, 2020 Equity Incentive Plan, and 2022 Inducement Equity Incentive Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data):
Options Outstanding
Shares
subject to
Options
Outstanding
Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term
(in years)
Aggregate
Intrinsic
Value
Balance as of December 31, 20252,411 $6.70 2.37$530 
Granted— $— 
Exercised(231)$3.70 $45 
Cancelled and forfeited(1)$13.60 
Balance as of March 31, 20262,179 $7.02 2.23$312 
Exercisable as of March 31, 20262,158 $7.05 2.24$309 
Vested and expected to vest as of March 31, 20262,179 $7.02 2.23$312 
Summary of RSU Activity
A summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data):
Number of
Shares
Weighted-
Average
Grant Date
Fair Value Per Share
Aggregate
Intrinsic
Value
Unvested RSUs as of December 31, 202523,961 $5,427 
Granted675 $178.34 
Vested(2)$124.33 
Vested and settled(2,555)$116.73 
Forfeited(640)$164.19 
Unvested RSUs as of March 31, 202621,439 $3,219 
Schedule of Stock-based compensation Expense
The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions):
Three Months Ended March 31,
20252026
Cost of revenue, exclusive of depreciation and amortization$33 $35 
Sales and marketing26 23 
Research and development116 113 
General and administrative60 57 
Restructuring charges
— 
Total stock-based compensation expense$235 $231 
v3.26.1
Net Income per Share Attributable to DoorDash, Inc. Common Stockholders (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the calculation of basic and diluted net income per share attributable to DoorDash, Inc. common stockholders during the periods presented (in millions, except share amounts which are reflected in thousands, and per share data):
Three Months Ended March 31,
20252026
Class AClass BClass AClass B
Basic net income per share
Numerator
Net income including redeemable non-controlling interests180 12 173 10 
Less: Net loss attributable to redeemable non-controlling interests(1)— (1)— 
Net income attributable to DoorDash, Inc. common stockholders181 12 174 10 
Denominator
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders395,951 25,471 410,961 24,468 
Basic net income per share attributable to DoorDash, Inc. common stockholders$0.46 $0.46 $0.42 $0.42 
Three Months Ended March 31,
20252026
Class AClass BClass AClass B
Diluted net income per share
Numerator
Net income attributable to DoorDash, Inc. common stockholders181 12 174 10 
Denominator
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders395,951 25,471 410,961 24,468 
Weighted-average effect of potentially dilutive securities14,141 — 6,897 — 
Weighted-average number of shares outstanding used to compute diluted net income per share attributable to DoorDash, Inc. common stockholders410,092 25,471 417,858 24,468 
Diluted net income per share attributable to DoorDash, Inc. common stockholders$0.44 $0.44 $0.42 $0.42 
Schedule of Antidilutive Securities
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income per share because including such shares would have an anti-dilutive effect, or the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands):
Three Months Ended March 31,
20252026
Unvested restricted stock and restricted stock units10,588 11,531 
Escrow shares72 72 
Convertible notes
— 9,419 
Warrants related to the issuance of convertible notes
— 9,419 
Total10,660 30,441 
v3.26.1
Restructuring (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following table summarizes the components of, and changes in, the accrued restructuring charges for the three months ended March 31, 2026 (in millions):

Employee
termination costs
Other
related costs
Total
Balance as of January 1, 2026$— $— $— 
Restructuring charges incurred during the quarter33 15 48 
Cash payments
(7)(5)(12)
Non-cash adjustments
(3)(7)(10)
Balance as of March 31, 2026$23 $$26 
v3.26.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The significant segment expenses regularly provided to the CODM was as follows (in millions):
Three Months Ended March 31,
20252026
Revenue$3,032 $4,036 
Less:
Depreciation and amortization152 269 
Stock-based compensation235 231 
Cost of revenue*1,467 1,957 
Sales and marketing*560 723 
Research and development*190 285 
General and administrative*272 375 
Restructuring charges*45 
Total costs and expenses2,877 3,885 
Income from operations155 151 
Interest income, net49 34 
Other income (expense), net(6)
Income before income taxes198 191 
Provision for income taxes
Net income including redeemable non-controlling interests192 183 
Net loss attributable to redeemable non-controlling interests
(1)(1)
Net income (loss) attributable to DoorDash, Inc. common stockholders$193 $184 
*Exclusive of stock-based compensation and depreciation and amortization shown separately.
v3.26.1
Organization and Description of Business (Details)
3 Months Ended
Mar. 31, 2026
country
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Number of operating countries 40
v3.26.1
Revenue - Disaggregated Revenue (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Disaggregation of Revenue [Line Items]    
Total revenue $ 4,036 $ 3,032
United States    
Disaggregation of Revenue [Line Items]    
Total revenue 3,104 2,656
International    
Disaggregation of Revenue [Line Items]    
Total revenue $ 932 $ 376
v3.26.1
Revenue - Contract Liabilities (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
Contract Liabilities [Roll Forward]  
Beginning balance $ 547
Addition to contract liabilities 1,187
Reduction of contract liabilities (1,196)
Ending balance 538
Unearned prepayments received 328
Revenue recognized $ 187
v3.26.1
Revenue - Rollforward of Deferred Contract Costs (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Capitalized Contract Cost [Roll Forward]    
Beginning balance $ 191 $ 157
Addition to deferred contract costs 22 24
Amortization of deferred contract costs (21) (17)
Ending balance $ 192 $ 164
v3.26.1
Revenue - Deferred Contract Costs (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]        
Deferred contract costs, current $ 79   $ 67  
Deferred contract costs, non-current 113   97  
Total deferred contract costs $ 192 $ 191 $ 164 $ 157
v3.26.1
Revenue - Allowance for Credit Losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Accounts Receivable, Allowance for Credit Loss [Roll Forward]    
Beginning balance $ 45 $ 22
Current-period provision for expected credit losses 8 5
Write-offs charged against the allowance (2) (1)
Ending balance $ 51 $ 26
v3.26.1
Acquisitions - Deliveroo Acquisition Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Oct. 02, 2025
Mar. 31, 2026
Dec. 31, 2025
Business Combination [Line Items]      
Goodwill   $ 5,499 $ 5,519
Deliveroo Acquisition      
Business Combination [Line Items]      
Acquisition-related costs   58  
Total purchase consideration $ 3,724    
Replacement equity awards   80  
Stock-based compensation awards attributable to pre-combination services 2 $ 2  
Goodwill $ 1,981    
v3.26.1
Acquisitions - Deliveroo Acquisition - Fair Value of the Consideration (Details) - Deliveroo Acquisition - USD ($)
$ in Millions
3 Months Ended
Oct. 02, 2025
Mar. 31, 2026
Business Combination [Line Items]    
Consideration payable $ 3,722  
Stock-based compensation awards attributable to pre-combination services 2 $ 2
Total consideration $ 3,724  
v3.26.1
Acquisitions - Deliveroo Acquisition - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Oct. 02, 2025
Business Combination [Line Items]      
Goodwill $ 5,499 $ 5,519  
Deliveroo Acquisition      
Business Combination [Line Items]      
Current assets     $ 1,222
Intangible assets     1,498
Goodwill     1,981
Other non-current assets     110
Current liabilities     (800)
Contingent liabilities     (102)
Deferred tax liability, net     (152)
Other liabilities     (33)
Total     $ 3,724
v3.26.1
Acquisitions - Deliveroo Acquisition - Identifiable Intangible Assets Acquired (Details) - Deliveroo Acquisition
$ in Millions
Oct. 02, 2025
USD ($)
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Intangible assets $ 1,498
Restaurant merchant relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 11 years
Intangible assets $ 486
Trade Names  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 10 years
Intangible assets $ 297
Customer relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 4 years
Intangible assets $ 445
New vertical merchant relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 4 years
Intangible assets $ 40
Developed technology  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 2 years
Intangible assets $ 216
Rider relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 2 years
Intangible assets $ 14
v3.26.1
Acquisitions - SevenRooms Acquisition Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Jun. 13, 2025
Business Combination [Line Items]      
Goodwill $ 5,499 $ 5,519  
SevenRooms Acquisition      
Business Combination [Line Items]      
Interests acquired (as a percent)     100.00%
Acquisition-related costs 13    
Deferred cash consideration 209    
Deferred cash consideration remaining 41    
Holdback consideration for acquisitions 38    
Compensation costs 56    
Goodwill $ 890   $ 890
v3.26.1
Acquisitions - SevenRooms Acquisition - Fair Value of the Consideration (Details) - SevenRooms Acquisition
$ in Millions
Jun. 13, 2025
USD ($)
Business Combination [Line Items]  
Cash $ 902
Deferred cash consideration 250
Total consideration $ 1,152
v3.26.1
Acquisitions - SevenRooms Acquisition - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Jun. 13, 2025
Business Combination [Line Items]      
Goodwill $ 5,499 $ 5,519  
SevenRooms Acquisition      
Business Combination [Line Items]      
Current assets     $ 24
Intangible assets     365
Goodwill $ 890   890
Other non-current assets     2
Current liabilities     (106)
Deferred tax liability, net     (23)
Total     $ 1,152
v3.26.1
Acquisitions - SevenRooms Acquisition - Identifiable Intangible Assets Acquired (Details) - SevenRooms Acquisition
$ in Millions
Jun. 13, 2025
USD ($)
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Intangible assets $ 365
Existing technology  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 6 years
Intangible assets $ 139
Strategic customer relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 14 years
Intangible assets $ 165
Other customer relationships  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 7 years
Intangible assets $ 55
Trade Names  
Intangible Asset, Acquired, Finite-Lived [Line Items]  
Estimated Useful Life 4 years
Intangible assets $ 6
v3.26.1
Acquisitions - Symbiosys Acquisition Narrative (Details) - Symbiosys Acquisition - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
May 28, 2025
Business Combination [Line Items]    
Deferred cash consideration $ 14  
Deferred cash consideration remaining 15  
Holdback consideration for acquisitions 14  
Compensation costs 53  
Intangible assets   $ 19
Existing technology    
Business Combination [Line Items]    
Intangible assets $ 17  
Estimated Useful Life 4 years  
Customer relationships    
Business Combination [Line Items]    
Intangible assets $ 2  
Estimated Useful Life 3 years  
v3.26.1
Acquisitions - Symbiosys Acquisition - Fair Value of Consideration (Details) - Symbiosys Acquisition
$ in Millions
May 28, 2025
USD ($)
Business Combination [Line Items]  
Cash $ 89
Deferred cash consideration 29
Fair value of previously held equity interest 3
Total consideration $ 121
v3.26.1
Acquisitions - Symbiosys Acquisiton - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
May 28, 2025
Business Combination [Line Items]      
Goodwill $ 5,499 $ 5,519  
Symbiosys Acquisition      
Business Combination [Line Items]      
Current assets     $ 7
Intangible assets     19
Goodwill     102
Current liabilities     (5)
Other liabilities     (2)
Total     $ 121
v3.26.1
Acquisitions - Other Acquisition Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Business Combination [Line Items]      
Goodwill $ 5,499   $ 5,519
2026 acquisition      
Business Combination [Line Items]      
Total purchase consideration 45    
Goodwill $ 34    
2025 Acquisition      
Business Combination [Line Items]      
Total purchase consideration   $ 28  
Goodwill   $ 21  
v3.26.1
Goodwill and Intangible Assets, Net - Goodwill (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
Goodwill [Roll Forward]  
Beginning Balance $ 5,519
Goodwill measurement period adjustment 35
Acquisition 34
Effects of foreign currency translation (89)
Ending Balance $ 5,499
v3.26.1
Goodwill and Intangible Assets, Net - Intangible Assets (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Value $ 2,858 $ 2,900
Accumulated Amortization (740) (640)
Total estimated future amortization expense $ 2,118 $ 2,260
Existing technology    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 2 years 10 months 24 days 3 years 1 month 6 days
Gross Carrying Value $ 621 $ 622
Accumulated Amortization (260) (222)
Total estimated future amortization expense $ 361 $ 400
Merchant relationships    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 9 years 1 month 6 days 9 years 3 months 18 days
Gross Carrying Value $ 837 $ 854
Accumulated Amortization (140) (122)
Total estimated future amortization expense $ 697 $ 732
Rider relationships    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 1 year 6 months 1 year 9 months 18 days
Gross Carrying Value $ 13 $ 14
Accumulated Amortization (3) (2)
Total estimated future amortization expense $ 10 $ 12
Customer relationships    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 6 years 3 months 18 days 6 years 6 months
Gross Carrying Value $ 787 $ 798
Accumulated Amortization (198) (169)
Total estimated future amortization expense $ 589 $ 629
Trade name and trademarks    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 8 years 2 months 12 days 8 years 4 months 24 days
Gross Carrying Value $ 590 $ 602
Accumulated Amortization (132) (119)
Total estimated future amortization expense $ 458 $ 483
Assembled workforce in asset acquisitions    
Finite-Lived Intangible Assets [Line Items]    
Weighted-average Remaining Useful Life (in years) 1 year 1 month 6 days 1 year 3 months 18 days
Gross Carrying Value $ 10 $ 10
Accumulated Amortization (7) (6)
Total estimated future amortization expense $ 3 $ 4
v3.26.1
Goodwill and Intangible Assets, Net - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]    
Amortization of intangible assets $ 114 $ 31
v3.26.1
Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]    
Remainder of 2026 $ 339  
2027 420  
2028 312  
2029 263  
2030 171  
Thereafter 613  
Total estimated future amortization expense $ 2,118 $ 2,260
v3.26.1
Fair Value Measurements - Schedule of Assets Measured at Fair Value on Recurring Basis (Details)
€ in Millions, $ in Millions
Mar. 31, 2026
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2025
EUR (€)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments $ 958 $ 1,128  
Long-term investments 849 837  
Total 4,800 3,772  
Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2    
Short-term investments 30 25  
Commercial paper      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 29 32  
Corporate bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 470 470  
Long-term investments 488 464  
U.S. government agency securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 30 30  
Long-term investments 91 91  
U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents   1  
Short-term investments 341 361  
Long-term investments 270 282  
Mutual funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 58 59  
Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2,873 1,905  
Other assets 80 15  
Non-marketable investment      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 38 37 € 31
Time deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2 26  
Short-term investments   151  
Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2,873 1,905  
U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents   1  
Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2    
Time deposits      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2 26  
Level 1      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total 3,011 1,979  
Level 1 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 1 | Commercial paper      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 1 | Corporate bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 1 | U.S. government agency securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 1 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 1 | Mutual funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 58 59  
Level 1 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 80 15  
Level 1 | Non-marketable investment      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 0 0  
Level 1 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2,873 1,905  
Level 1 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents   0  
Level 1 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents    
Level 2      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total 1,751 1,756  
Level 2 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 30 25  
Level 2 | Commercial paper      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 29 32  
Level 2 | Corporate bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 470 470  
Long-term investments 488 464  
Level 2 | U.S. government agency securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 30 30  
Long-term investments 91 91  
Level 2 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 341 361  
Long-term investments 270 282  
Level 2 | Mutual funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 2 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 0 0  
Level 2 | Non-marketable investment      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 0 0  
Level 2 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 0 0  
Level 2 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents   1  
Level 2 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 2    
Level 3      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Total 38 37  
Level 3 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 3 | Commercial paper      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 3 | Corporate bonds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 3 | U.S. government agency securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 3 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Long-term investments 0 0  
Level 3 | Mutual funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Short-term investments 0 0  
Level 3 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 0 0  
Level 3 | Non-marketable investment      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Other assets 38 37  
Level 3 | Money market funds      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents 0 0  
Level 3 | U.S. Treasury securities      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents   $ 0  
Level 3 | Certificates of deposit      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Cash equivalents $ 0    
v3.26.1
Fair Value Measurements - Narrative (Details)
€ in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
Dec. 31, 2025
EUR (€)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Purchases of non-marketable investments $ 55 $ 0    
Non-marketable investment        
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]        
Other assets $ 38   $ 37 € 31
v3.26.1
Fair Value Measurements - Carrying Value of our Non-Marketable Equity Securities (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Fair Value Disclosures [Abstract]    
Initial cost basis $ 514 $ 460
Upward adjustments 24 24
Downward adjustments (including impairment) (415) (415)
Total carrying value at the end of reporting period $ 123 $ 69
v3.26.1
Balance Sheet Components - Cash Equivalents and Investments (Details) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Cash equivalents      
Cash equivalents, cost or amortized cost $ 4,575,000,000 $ 4,378,000,000 $ 4,500,000,000
Short-term investments      
Short-term marketable securities, estimated fair value 958,000,000 1,128,000,000  
Long-term investments      
Long-term marketable securities, estimated fair value 849,000,000 837,000,000  
Total 4,684,000,000 3,891,000,000  
Total, unrealized gains 3,000,000 6,000,000  
Total, unrealized losses (3,000,000) 0  
Total, estimated fair value 4,684,000,000 3,897,000,000  
Allowance for credit losses 0 0  
Money market funds      
Cash equivalents      
Cash equivalents, cost or amortized cost 2,873,000,000 1,905,000,000  
Cash equivalents, unrealized gain 0 0  
Cash equivalents paper, unrealized losses 0 0  
Cash equivalents, estimated fair value 2,873,000,000 1,905,000,000  
U.S. Treasury securities      
Cash equivalents      
Cash equivalents, cost or amortized cost   1,000,000  
Cash equivalents, unrealized gain   0  
Cash equivalents paper, unrealized losses   0  
Cash equivalents, estimated fair value   1,000,000  
Short-term investments      
Short-term marketable securities, cost or amortized cost 341,000,000 360,000,000  
Short-term marketable securities, unrealized gains 0 1,000,000  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value 341,000,000 361,000,000  
Long-term investments      
Long-term marketable securities, cost or amortized cost 270,000,000 281,000,000  
Long-term marketable securities, unrealized gains 1,000,000 1,000,000  
Long-term marketable securities, unrealized losses (1,000,000) 0  
Long-term marketable securities, estimated fair value 270,000,000 282,000,000  
Time deposits      
Cash equivalents      
Cash equivalents, cost or amortized cost 2,000,000 26,000,000  
Cash equivalents, unrealized gain 0 0  
Cash equivalents paper, unrealized losses 0 0  
Cash equivalents, estimated fair value 2,000,000 26,000,000  
Short-term investments      
Short-term marketable securities, cost or amortized cost   151,000,000  
Short-term marketable securities, unrealized gains   0  
Short-term marketable securities, unrealized losses   0  
Short-term marketable securities, estimated fair value   151,000,000  
Certificates of deposit      
Cash equivalents      
Cash equivalents, cost or amortized cost 2,000,000    
Cash equivalents, unrealized gain 0    
Cash equivalents paper, unrealized losses 0    
Cash equivalents, estimated fair value 2,000,000    
Short-term investments      
Short-term marketable securities, cost or amortized cost 30,000,000 25,000,000  
Short-term marketable securities, unrealized gains 0 0  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value 30,000,000 25,000,000  
Commercial paper      
Short-term investments      
Short-term marketable securities, cost or amortized cost 29,000,000 32,000,000  
Short-term marketable securities, unrealized gains 0 0  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value 29,000,000 32,000,000  
Corporate bonds      
Short-term investments      
Short-term marketable securities, cost or amortized cost 470,000,000 469,000,000  
Short-term marketable securities, unrealized gains 0 1,000,000  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value 470,000,000 470,000,000  
Long-term investments      
Long-term marketable securities, cost or amortized cost 490,000,000 463,000,000  
Long-term marketable securities, unrealized gains 0 1,000,000  
Long-term marketable securities, unrealized losses (2,000,000) 0  
Long-term marketable securities, estimated fair value 488,000,000 464,000,000  
U.S. government agency securities      
Short-term investments      
Short-term marketable securities, cost or amortized cost 30,000,000 30,000,000  
Short-term marketable securities, unrealized gains 0 0  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value 30,000,000 30,000,000  
Long-term investments      
Long-term marketable securities, cost or amortized cost 91,000,000 91,000,000  
Long-term marketable securities, unrealized gains 0 0  
Long-term marketable securities, unrealized losses 0 0  
Long-term marketable securities, estimated fair value 91,000,000 91,000,000  
Mutual funds      
Short-term investments      
Short-term marketable securities, cost or amortized cost 56,000,000 57,000,000  
Short-term marketable securities, unrealized gains 2,000,000 2,000,000  
Short-term marketable securities, unrealized losses 0 0  
Short-term marketable securities, estimated fair value $ 58,000,000 $ 59,000,000  
v3.26.1
Balance Sheet Components - Prepaid Expenses and Other Current Assets (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Balance Sheet Related Disclosures [Abstract]    
Prepaid expenses $ 413 $ 414
Deferred contract costs 79 79
Other receivable 203 279
Other current assets 425 397
Total $ 1,120 $ 1,169
v3.26.1
Balance Sheet Components - Property and Equipment, Net (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Property, Plant and Equipment [Line Items]      
Total $ 2,937   $ 2,721
Less: Accumulated depreciation and amortization (1,795)   (1,654)
Property and equipment, net 1,142   1,067
Depreciation expense 43 $ 34  
Capitalized software and website development costs 176 114  
Amortization of capitalized software and website development costs 112 $ 87  
Equipment for merchants      
Property, Plant and Equipment [Line Items]      
Total 243   235
Computer equipment and software      
Property, Plant and Equipment [Line Items]      
Total 132   126
Capitalized software and website development costs      
Property, Plant and Equipment [Line Items]      
Total 2,071   1,895
Leasehold improvements      
Property, Plant and Equipment [Line Items]      
Total 273   268
Office and other equipment      
Property, Plant and Equipment [Line Items]      
Total 159   149
Construction in progress      
Property, Plant and Equipment [Line Items]      
Total $ 59   $ 48
v3.26.1
Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Balance Sheet Related Disclosures [Abstract]    
Dasher and merchant payable $ 1,750 $ 1,703
Insurance reserves 1,088 1,114
Sales tax payable and accrued sales and indirect taxes 591 589
Contract liabilities 538 547
Accrued operations related expenses 470 502
Accrued compensation and benefits 342 282
Litigation reserves 284 263
Accrued advertising 168 170
Other 422 475
Accrued expenses and other current liabilities $ 5,653 $ 5,645
v3.26.1
Convertible Notes, Net - Narrative (Details)
$ / shares in Units, shares in Millions, $ in Millions
1 Months Ended 3 Months Ended
May 31, 2025
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
day
$ / shares
Debt Instrument [Line Items]    
Initial purchase (in shares) | shares 9.4  
Net hedge amount $ 680  
Amount with right to purchase | shares 9.4  
Proceeds from issuance of warrants $ 341  
Net cost of purchase $ 339  
Convertible Senior Notes Due 2030    
Debt Instrument [Line Items]    
Initial conversion rate   0.003425
Common stock price per share (in dollars per share) | $ / shares $ 512.225  
Convertible Senior Notes Due 2030 | Convertible Debt    
Debt Instrument [Line Items]    
Debt issued $ 2,750  
Stated interest rate (percent) 0.00%  
Debt issuance cost $ 2,720  
Interest rate percentage 0.50%  
Conversion price (in dollars per share) | $ / shares $ 291.97  
Share price (in dollars per share) | $ / shares   $ 150.15
Fundamental change repurchase price (In Percentage)   100.00%
Interest rate   0.22%
Fair value   $ 2,500
Convertible Senior Notes Due 2030 | Convertible Debt | Debt Conversion Terms One    
Debt Instrument [Line Items]    
Threshold percentage of stock price trigger   130.00%
Threshold trading days | day   20
Threshold consecutive trading days | day   30
Convertible Senior Notes Due 2030 | Convertible Debt | Debt Conversion Terms Two    
Debt Instrument [Line Items]    
Threshold percentage of stock price trigger   98.00%
Threshold trading days | day   5
Threshold consecutive trading days | day   10
v3.26.1
Convertible Notes, Net-Schedule of Convertible Debt (Details) - Convertible Senior Notes Due 2030
$ in Millions
Mar. 31, 2026
USD ($)
Debt Instrument, Redemption [Line Items]  
Principal $ 2,750
Less: debt issuance costs, net of amortization (25)
Carrying value, net $ 2,725
v3.26.1
Commitment and Contingencies (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Apr. 26, 2024
Mar. 31, 2026
Dec. 31, 2025
Other Commitments [Line Items]      
Indemnification liability   $ 0 $ 0
Letters of credit outstanding   91 106
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029      
Other Commitments [Line Items]      
Revolving credit facility, maximum borrowing capacity $ 800    
Unused commitment fee (percent) 0.10%    
Drawn from the revolving credit facility   0 0
Letters of credit outstanding   42 $ 61
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029 | Higher of Federal Funds Rate or Composite Overnight Bank Borrowing Rate      
Other Commitments [Line Items]      
Basis spread on variable rate (percent) 0.50%    
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029 | Secured Overnight Financing Rate (SOFR)      
Other Commitments [Line Items]      
Basis spread on variable rate (percent) 1.00%    
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029 | Adjusted Secured Overnight Financing Rate      
Other Commitments [Line Items]      
Basis spread on variable rate (percent) 1.00%    
Letter of Credit | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029      
Other Commitments [Line Items]      
Revolving credit facility, maximum borrowing capacity $ 600    
Surety Bond      
Other Commitments [Line Items]      
Restricted cash   $ 582  
v3.26.1
Common Stock - Narrative (Details) - USD ($)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Nov. 30, 2020
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Feb. 28, 2025
Feb. 29, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Stock repurchase program, authorized amount         $ 5,000  
Share repurchase program, remaining authorized, amount           $ 876
Number of shares repurchased (in shares)   1,100,000        
Shares repurchased (in dollars per share)   $ 146.93        
Treasury stock , value   $ 162        
Options exercised, aggregate intrinsic value   $ 45 $ 134      
Options granted (in shares)   0 0      
Restricted Stock            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Derived service period of award   4 years        
Granted (in shares)   0        
Expected to vest (in shares)   28,000   74,000    
Restricted Stock Units (RSUs)            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Shares granted and assumed in period (in dollars per share)   $ 178.34 $ 194.57      
Granted (in shares)   675,000        
Expected to vest (in shares)   21,439,000   23,961,000    
Unrecognized stock-based compensation expense related to unvested stock options   $ 1,600        
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition   2 years 4 months 2 days        
CEO Performance Award            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Unrecognized stock-based compensation expense related to unvested stock options   $ 0        
CEO Performance Award | Chief Executive Officer | 2014 Equity Incentive Plan            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Granted (in shares) 10,379,000          
Expected to vest (in shares)   9,341,100        
v3.26.1
Common Stock - Restricted Stock (Details) - Restricted Stock
shares in Thousands
3 Months Ended
Mar. 31, 2026
$ / shares
shares
Number of Shares  
Unvested units, beginning balance (in shares) 74
Granted (in shares) 0
Vested (in shares) (46)
Forfeited (in shares) 0
Unvested units, ending balance (in shares) 28
Weighted- Average Grant Date Fair Value Per Share  
Granted (in dollars per share) | $ / shares $ 0
Vested (in dollars per share) | $ / shares 76.91
Forfeited (in dollars per share) | $ / shares $ 0
v3.26.1
Common Stock - Options Outstanding (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Shares subject to Options Outstanding      
Shares subject to options outstanding, beginning balance (in shares) 2,411,000    
Options granted (in shares) 0 0  
Options exercised (in shares) (231,000)    
Options cancelled and forfeited (in shares) (1,000)    
Shares subject to options outstanding, ending balance (in shares) 2,179,000   2,411,000
Exercisable (in shares) 2,158,000    
Vested and expected to vest (in shares) 2,179,000    
Weighted- Average Exercise Price Per Share      
Shares subject to options outstanding, weighted-average exercise price (in dollars per share) $ 7.02   $ 6.70
Options granted (in dollars per share) 0    
Options exercised (in dollars per share) 3.70    
Options cancelled and forfeited (in dollars per share) 13.60    
Exercisable (in dollars per share) 7.05    
Vested and expected to vest (in dollars per share) $ 7.02    
Weighted- Average Remaining Contractual Term (in years)      
Options outstanding, weighted-average remaining contractual term (in years) 2 years 2 months 23 days   2 years 4 months 13 days
Exercisable, weighted-average remaining contractual term (in years) 2 years 2 months 26 days    
Vested and expected to vest, weighted-average remaining contractual term (in years) 2 years 2 months 23 days    
Aggregate Intrinsic Value      
Options outstanding, aggregate intrinsic value $ 312   $ 530
Options exercised, aggregate intrinsic value 45 $ 134  
Exercisable, aggregate intrinsic value 309    
Vested and expected to vest, aggregate intrinsic value $ 312    
v3.26.1
Common Stock - Restricted Stock unit Activity (Details) - Restricted Stock Units (RSUs) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Number of Shares    
Unvested units, beginning balance (in shares) 23,961  
Granted (in shares) 675  
Vested (in shares) (2)  
Vested and settled (in shares) (2,555)  
Forfeited (in shares) (640)  
Unvested units, ending balance (in shares) 21,439  
Weighted- Average Grant Date Fair Value Per Share    
Granted (in dollars per share) $ 178.34  
Vested (in dollars per share) 124.33  
Vested and settled (in dollars per share) 116.73  
Forfeited (in dollars per share) $ 164.19  
Aggregate Intrinsic Value    
Aggregate intrinsic value $ 3,219 $ 5,427
v3.26.1
Common Stock - Stock-based Compensation Expense (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 231 $ 235
Cost of revenue, exclusive of depreciation and amortization    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 35 33
Sales and marketing    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 23 26
Research and development    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 113 116
General and administrative    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense 57 60
Restructuring charges    
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]    
Total stock-based compensation expense $ 3 $ 0
v3.26.1
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Tax Disclosure [Abstract]    
Provision for income taxes $ 8 $ 6
v3.26.1
Net Income per Share Attributable to DoorDash, Inc. Common Stockholders (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Numerator    
Net income including redeemable non-controlling interests $ 183 $ 192
Less: Net loss attributable to redeemable non-controlling interests (1) (1)
Net income attributable to DoorDash, Inc. common stockholders $ 184 $ 193
Denominator    
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in shares) 435,429 421,422
Basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share) $ 0.42 $ 0.46
Weighted-average number of shares outstanding used to compute diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in shares) 442,326 435,563
Diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in $ per share) $ 0.42 $ 0.44
Class A Common Stock    
Numerator    
Net income including redeemable non-controlling interests $ 173 $ 180
Less: Net loss attributable to redeemable non-controlling interests (1) (1)
Net income attributable to DoorDash, Inc. common stockholders $ 174 $ 181
Denominator    
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in shares) 410,961 395,951
Basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share) $ 0.42 $ 0.46
Weighted-average effect of potentially dilutive securities (in shares) 6,897 14,141
Weighted-average number of shares outstanding used to compute diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in shares) 417,858 410,092
Diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in $ per share) $ 0.42 $ 0.44
Class B Common Stock    
Numerator    
Net income including redeemable non-controlling interests $ 10 $ 12
Less: Net loss attributable to redeemable non-controlling interests 0 0
Net income attributable to DoorDash, Inc. common stockholders $ 10 $ 12
Denominator    
Weighted-average number of shares outstanding used to compute basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in shares) 24,468 25,471
Basic net income per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share) $ 0.42 $ 0.46
Weighted-average effect of potentially dilutive securities (in shares) 0 0
Weighted-average number of shares outstanding used to compute diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in shares) 24,468 25,471
Diluted net income per share attributable to DoorDash, Inc. common stockholders, diluted (in $ per share) $ 0.42 $ 0.44
v3.26.1
Net Income per Share Attributable to DoorDash, Inc. Common Stockholders - Antidilutive Securities (Details) - shares
shares in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Potential dilutive securities (shares) 30,441 10,660
Unvested restricted stock and restricted stock units    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Potential dilutive securities (shares) 11,531 10,588
Escrow shares    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Potential dilutive securities (shares) 72 72
Convertible notes    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Potential dilutive securities (shares) 9,419 0
Warrants related to the issuance of convertible notes    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Potential dilutive securities (shares) 9,419 0
v3.26.1
Restructuring - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Restructuring and Related Activities [Abstract]    
Restructuring charges $ 48 $ 1
v3.26.1
Restructuring - Schedule of Restructuring and Related Costs (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Restructuring Reserve [Roll Forward]    
Beginning balance $ 0  
Restructuring charges 48 $ 1
Cash payments (12)  
Non-cash adjustments (10)  
Ending balance 26  
Employee Termination Costs    
Restructuring Reserve [Roll Forward]    
Beginning balance 0  
Restructuring charges 33  
Cash payments (7)  
Non-cash adjustments (3)  
Ending balance 23  
Other market closure related costs    
Restructuring Reserve [Roll Forward]    
Beginning balance 0  
Restructuring charges 15  
Cash payments (5)  
Non-cash adjustments (7)  
Ending balance $ 3  
v3.26.1
Segment Reporting - Narrative (Details)
3 Months Ended
Mar. 31, 2026
segment
Segment Reporting [Abstract]  
Number of reportable segments 1
v3.26.1
Segment Reporting - Schedule of the Significant Segment Expense (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting Information [Line Items]    
Revenue $ 4,036 $ 3,032
Less:    
Depreciation and amortization 269 152
Total stock-based compensation expense 231 235
Total costs and expenses 3,885 2,877
Income from operations 151 155
Interest income, net 34 49
Other income (expense), net 6 (6)
Income before income taxes 191 198
Provision for income taxes 8 6
Net income including redeemable non-controlling interests 183 192
Net loss attributable to redeemable non-controlling interests (1) (1)
Net income attributable to DoorDash, Inc. common stockholders 184 193
Reportable Segment    
Segment Reporting Information [Line Items]    
Revenue 4,036 3,032
Less:    
Depreciation and amortization 269 152
Total stock-based compensation expense 231 235
Cost of revenue 1,957 1,467
Sales and marketing 723 560
Research and development 285 190
General and administrative 375 272
Restructuring charges 45 1
Total costs and expenses 3,885 2,877
Income from operations 151 155
Interest income, net 34 49
Other income (expense), net 6 (6)
Income before income taxes 191 198
Provision for income taxes 8 6
Net income including redeemable non-controlling interests 183 192
Net loss attributable to redeemable non-controlling interests (1) (1)
Net income attributable to DoorDash, Inc. common stockholders $ 184 $ 193
v3.26.1
Subsequent Events - Narrative (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
1 Months Ended 3 Months Ended
Apr. 30, 2026
Mar. 31, 2026
Subsequent Event [Line Items]    
Shares repurchased (in dollars per share)   $ 146.93
Stock repurchased   $ 162
Subsequent Event | Class A Common Stock    
Subsequent Event [Line Items]    
Repurchase and retirement of stock (shares) 283  
Shares repurchased (in dollars per share) $ 149.09  
Stock repurchased $ 43