DoorDash, Inc. is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: DoorDash delivered strong 33.1% revenue growth to $4.04B in Q1 FY2026, but profitability softened as operating income dipped 2.6% to $151M and net income fell 4.7% to $184M amid rising R&D and depreciation costs.
Drawn from management commentary in the Q1 2026 10-Q:
Revenue grew 33.1% year-over-year to $4.04B in Q1 FY2026 (from $3.03B), reflecting continued marketplace growth, increased order volumes, and geographic expansion. This top-line momentum underscores DoorDash's ability to scale its delivery platform.
Operating income declined 2.6% to $151M despite the revenue surge, causing operating margin to contract from 5.1% to 3.7%. This compression reflects elevated cost growth outpacing revenue gains, particularly in R&D and depreciation.
R&D expenses rose 30.1% year-over-year to $398M, signaling continued investment in technology, product development, and platform capabilities. This spend is consistent with DoorDash's strategy to build long-term competitive advantages.
Revenue
$4.04B
++33.11% YoY
EPS (Basic)
$0.42
-8.70% YoY
Operating Income
$151M
-2.58% YoY
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