DoorDash, Inc.(DASH)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #303 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
DASH Stock Analysis & AI Quality Score
AI stock analysis and institutional research for DoorDash, Inc. (DASH), a Industrials sector company. 13F Pro's AI-powered ranking engine scores DASH at 70.6/100 on a 32-signal composite quality model, placing it at rank #303 of 2,879 stocks — the top 25% of the AI-ranked universe. DASH scores in the top quartile across revenue scale (89.6), revenue growth (84.5), free cash flow (75.2). Areas of concern include earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 20.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), DoorDash, Inc. reports quarterly revenue of $4.0B, net income of $184.0M, an operating margin of 3.7%. DASH trades on the Nasdaq exchange and files with the SEC under CIK 1792789. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DASH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DoorDash, Inc. directly from SEC EDGAR. DoorDash, Inc.'s 13F Pro composite quality score has ranged between 8 and 78 since 2021, currently 70.6 — an improving long-term trajectory across 55 quarterly and live scoring snapshots.
What's Driving DASH's Business? Latest 10-Q Breakdown
AI-extracted from DoorDash, Inc.'s 10-Q filed 2026-05-06 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue grew 33% YoY to $4.0B on 37% Marketplace GOV growth, but operating income declined as depreciation and restructuring costs surged.
Biggest Revenue Drivers
Total revenue: $4.0B+33% YoY
Advertising revenue grew as a percentage of Marketplace GOV, offsetting fee decreases
White-label delivery fulfillment and merchant services for channels outside Marketplaces
Largest Expense Items
Increase in order management costs (+$313M) and platform costs (+$117M) driven by 27% growth in Total Orders
Increase driven by $83M amortization of acquired intangible assets and $25M amortization of capitalized software
Increase in advertising expenses (+$85M) and personnel-related compensation (+$69M)
Increase driven by personnel-related compensation (+$54M) and legal, tax, regulatory expenses (+$33M)
Margins: Gross margin remained stable at ~48% despite revenue growth. Operating income declined from $155M to $151M as increased depreciation and amortization (+$117M) and restructuring charges (+$47M) offset operational leverage, signaling acquisition integration costs and geographic rationalization pressures.
Watch Items from the Filing
- Operating income fell 2.6% YoY despite 33% revenue growth; restructuring charges of $48M tied to announced exit from certain countries indicate strategic rebalancing.
- Deliveroo acquisition (Oct 2025, $3.7B) added $1.98B goodwill; integration ongoing with preliminary purchase price allocation subject to change through measurement period ending Oct 2, 2026.
- Italy judicial administration proceeding initiated Feb 2026 against Deliveroo rider pay practices; outcome uncertain and could impact European operating model.
- Free Cash Flow declined 15% to $420M from $494M YoY; working capital timing headwind and elevated capex on capitalized software ($117M, +75% YoY) indicate continued platform investment.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$4.0B
Net Income
Q1 2026
$184.0M
Free Cash Flow
Q1 2026
$537.0M
Operating Margin
Q1 2026
3.7%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+180.6% YoYNet Income
+299.8% YoYOperating Income
+260.0% YoYEPS (Diluted)
+253.2% YoYTotal Assets
+188.7% YoYOp. Cash Flow
+251.3% YoY| Metric | FY 2025 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Revenue | $13.72B +180.6% | $4.89B +452.3% | $885.0M +204.1% | $291.0M | — |
| Net Income | $935.0M +299.8% | $-468.0M +29.8% | $-667.0M -227.0% | $-204.0M | — |
| Operating Income | $723.0M +260.0% | $-452.0M +26.6% | $-616.0M -193.3% | $-210.0M | — |
| EPS (Diluted) | $2.13 +253.2% | $-1.39 +55.0% | $-3.09 | — | — |
| Total Assets | $19.66B +188.7% | $6.81B +293.1% | $1.73B | — | — |
| Operating Cash Flow | $2.43B +251.3% | $692.0M +248.2% | $-467.0M -193.7% | $-159.0M | — |
AI Insight: DASH Financial Trends
DoorDash has sustained profitability for five consecutive quarters while growing revenue 53% from Q2 2024's loss-making base, though operating cash flow momentum stalled in Q4 2025–Q1 2026.
• Revenue grew from $2,630M in Q2 2024 to $4,036M in Q1 2026, a 53% increase over seven quarters.
• Operating income swung from -$201M in Q2 2024 to +$258M in Q3 2025, marking a sustained profitability inflection.
• Equity expanded steadily from $7,162M in Q2 2024 to $10,198M in Q1 2026, strengthening the balance sheet consistently.
• Operating CF fell sharply from $871M in Q3 2025 to $421M in Q4 2025, then partially recovered to $594M in Q1 2026.
⚠ Op CF dropped 52% quarter-over-quarter in Q4 2025 despite record revenue — cash conversion quality warrants close scrutiny.
⚠ Operating income dipped to $147M in Q4 2025 and $151M in Q1 2026, well below Q3 2025's $258M peak — margin durability unclear.
⚠ Total debt data is absent across all periods; leverage and interest-coverage visibility remain a gap for creditors and equity holders.
AI Insight: DASH Ratio Trends
DoorDash turned profitable in Q3 2024 but Q1 2026 shows all return metrics sliding to their weakest levels since that inflection.
• Operating margin swung from -7.6% in Q2 2024 to positive territory by Q3 2024 (4.0%), marking a clear profitability inflection.
• ROIC peaked at 10.9% in Q3 2025 but contracted sharply to 5.9% in Q4 2025 and held there in Q1 2026.
• ROE declined from 12.8% in Q2 2025 to 7.2% in Q1 2026, the lowest reading since the post-loss recovery began.
• NPM of 4.6% in Q1 2026 is the weakest net margin in five quarters, down from 8.7% in Q2 2025.
⚠ Operating margin stalled at 3.7% for two consecutive quarters (Q4 2025, Q1 2026) — watch for re-acceleration or further compression.
⚠ D/E data is entirely absent; leverage picture is opaque and warrants independent balance-sheet scrutiny.
⚠ Q3 2025 margin spike (OpMargin 7.5%, ROIC 10.9%) may reflect a one-off item; sustainability of that level is unconfirmed.
Get alerted when DASH's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for DoorDash, Inc. including:
More Industrials Companies
View all Industrials →Put DASH on your watchlist
Track score changes the day DoorDash, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is DASH a good stock to buy?
13F Pro's AI-powered analysis of DoorDash, Inc. (DASH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DASH are available on the DASH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own DASH?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DASH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of DoorDash, Inc.'s investment landscape.