Financials DoorDash, Inc.

Equities

DASH

US25809K1051

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2026-01-16 pm EST			5-day change	1st Jan Change
205.32 ^USD	-2.28%		-4.75%	-9.34%

Jan. 16	Sector Update: Consumer Stocks Decline Late Afternoon	MT
Jan. 16	Sector Update: Consumer Stocks Decline in Afternoon Trading	MT

Projected Income Statement: DoorDash, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,886	4,888	6,583	8,635	10,722	13,748	17,829	21,217
Change	-	69.37%	34.68%	31.17%	24.17%	28.22%	29.69%	19%
EBITDA ¹	189	289	361	1,190	1,900	2,768	3,643	4,813
Change	-	52.91%	24.91%	229.64%	59.66%	45.68%	31.63%	32.1%
EBIT ¹	69	-452	-1,124	-579	-38	810.9	1,433	2,464
Change	-	-755.07%	-148.67%	48.49%	93.44%	2,234.02%	76.75%	71.88%
Interest Paid ¹	-32	-14	-2	-	-5	-15	-28	-
Earnings before Tax (EBT) ¹	-458	-463	-1,399	-534	156	1,021	1,651	2,710
Change	-	-1.09%	-202.16%	61.83%	129.21%	554.43%	61.67%	64.19%
Net income ¹	-461	-468	-1,365	-558	123	987.6	1,435	2,276
Change	-	-1.52%	-191.67%	59.12%	122.04%	702.9%	45.33%	58.56%
Announcement Date	2/25/21	2/16/22	2/16/23	2/15/24	2/11/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	970	1,077	1,236	1,275	1,300	1,456	1,608	1,701	1,818	2,035	2,133	2,164	2,303	2,513	2,630	2,706	2,873	3,032	3,284	3,446	3,984	4,154	4,400	4,561	4,877	5,107	5,374	5,465
Change	-	11.03%	14.76%	3.16%	1.96%	12%	10.44%	5.78%	6.88%	11.94%	4.82%	1.45%	6.42%	9.12%	4.66%	2.89%	6.17%	5.53%	8.31%	4.93%	15.61%	4.28%	5.9%	3.66%	6.94%	4.7%	5.23%	1.71%
EBITDA ¹	94	43	113	86	47	54	103	87	117	204	279	344	363	371	430	533	566	590	655	754	773.3	806.7	884.5	978.7	986.4	1,102	1,151	1,256
Change	-	-54.26%	162.79%	-23.89%	-45.35%	14.89%	90.74%	-15.53%	34.48%	74.36%	36.76%	23.3%	5.52%	2.2%	15.9%	23.95%	6.19%	4.24%	11.02%	15.11%	2.56%	4.32%	9.65%	10.65%	0.78%	11.75%	4.45%	9.11%
EBIT ¹	63	-99	-99	-100	-154	-173	-273	-308	-370	-171	-211	-108	-89	-61	-201	107	117	155	163	258	233.5	288.2	331	421.7	411.3	645	683	752
Change	-	-257.14%	0%	-1.01%	-54%	-12.34%	-57.8%	-12.82%	-20.13%	53.78%	-23.39%	48.82%	17.59%	31.46%	-229.51%	153.23%	9.35%	32.48%	5.16%	58.28%	-9.5%	23.45%	14.83%	27.4%	-2.46%	56.82%	5.89%	10.1%
Charge d'intérêts ¹	-10	-12	-1	-	-1	-	-1	-	-1	-1	-4	-1	-	-2	-5	-6	8	-6	-	-81	-2	-4	-6	-8	-10	-	-	-
Earnings before Tax (EBT) ¹	-311	-109	-100	-101	-153	-167	-272	-301	-659	-145	-181	-69	-139	-18	-157	155	176	198	271	248	298.5	343.1	378	478.6	466.6	586	582.3	644.6
Change	-	64.95%	8.26%	-1%	-51.49%	-9.15%	-62.87%	-10.66%	-118.94%	78%	-24.83%	61.88%	-101.45%	87.05%	-772.22%	198.73%	13.55%	12.5%	36.87%	-8.49%	20.36%	14.93%	10.19%	26.62%	-2.52%	25.6%	-0.64%	10.69%
Net income ¹	-312	-110	-102	-101	-155	-167	-263	-295	-640	-161	-170	-73	-154	-23	-157	162	141	193	285	244	258.4	303.2	328.7	420.6	422.1	506	501.1	610.6
Change	-	64.74%	7.27%	0.98%	-53.47%	-7.74%	-57.49%	-12.17%	-116.95%	74.84%	-5.59%	57.06%	-110.96%	85.06%	-582.61%	203.18%	-12.96%	36.88%	47.67%	-14.39%	5.91%	17.33%	8.41%	27.95%	0.37%	19.86%	-0.97%	21.87%
Announcement Date	2/25/21	5/13/21	8/12/21	11/9/21	2/16/22	5/5/22	8/4/22	11/3/22	2/16/23	5/4/23	8/2/23	11/1/23	2/15/24	5/1/24	8/1/24	10/30/24	2/11/25	5/6/25	8/6/25	11/5/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: DoorDash, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-4,495	-3,757	-3,521	-4,078	-5,341	-1,909	-3,505	-7,301
Change	-	16.42%	6.28%	-15.82%	-30.97%	64.26%	-83.6%	-108.3%
Announcement Date	2/25/21	2/16/22	2/16/23	2/15/24	2/11/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: DoorDash, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	106	129	176	123	104	419.5	490.2	561.2
Change	-	21.7%	36.43%	-30.11%	-15.45%	303.35%	16.85%	14.5%
Free Cash Flow (FCF) ¹	146	563	191	1,550	1,802	2,662	3,501	4,576
Change	-	285.62%	-66.07%	711.52%	16.26%	47.7%	31.56%	30.68%
Announcement Date	2/25/21	2/16/22	2/16/23	2/15/24	2/11/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: DoorDash, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	6.55%	5.91%	5.48%	13.78%	17.72%	20.13%	20.44%	22.69%
EBIT Margin (%)	2.39%	-9.25%	-17.07%	-6.71%	-0.35%	5.9%	8.04%	11.61%
EBT Margin (%)	-15.87%	-9.47%	-21.25%	-6.18%	1.45%	7.43%	9.26%	12.77%
Net margin (%)	-15.97%	-9.57%	-20.74%	-6.46%	1.15%	7.18%	8.05%	10.73%
FCF margin (%)	5.06%	11.52%	2.9%	17.95%	16.81%	19.36%	19.64%	21.57%
FCF / Net Income (%)	-31.67%	-120.3%	-13.99%	-277.78%	1,465.04%	269.51%	243.96%	201.06%
Profitability
ROA	-11.4%	1.78%	-4.13%	6.81%	9.76%	10.91%	12.22%	12.61%
ROE	-25.48%	2.5%	-6.01%	10.35%	15.82%	15.19%	18.53%	19.34%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.67%	2.64%	2.67%	1.42%	0.97%	3.05%	2.75%	2.65%
CAPEX / EBITDA (%)	56.08%	44.64%	48.75%	10.34%	5.47%	15.15%	13.45%	11.66%
CAPEX / FCF (%)	72.6%	22.91%	92.15%	7.94%	5.77%	15.76%	14%	12.26%
Items per share
Cash flow per share ¹	4.039	2.054	0.99	4.258	4.955	6.511	9.014	9.88
Change	-	-49.14%	-51.81%	330.06%	16.39%	31.39%	38.44%	9.61%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	75.33	13.86	18.18	17.32	18.96	21.54	27.03	34.04
Change	-	-81.61%	31.25%	-4.75%	9.47%	13.6%	25.47%	25.95%
EPS ¹	-7.39	-1.39	-3.68	-1.42	0.29	2.25	3.194	5.012
Change	-	81.19%	-164.75%	61.41%	120.42%	675.74%	41.96%	56.93%
Nbr of stocks (in thousands)	317,657	343,057	388,217	398,209	415,396	430,999	430,999	430,999
Announcement Date	2/25/21	2/16/22	2/16/23	2/15/24	2/11/25	-	-	-