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DoorDash (DASH) operating margin by quarter

DoorDash's operating margin was 9.6% in Q3 2026 (third quarter 2026), +6.1 pts from Q2 2026. Over the last 7 quarters it ranged from 3.5% (Q2 2026) to 9.6% (Q3 2026).

DoorDash operating margin by quarterDoorDash operating margin by quarter5.1%Q1 20255.0%Q2 20257.5%Q3 20253.7%Q4 20253.7%Q1 20263.5%Q2 20269.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20269.6%+6.1 pts+2.1 pts
Q2 20263.5%-0.2 pts-1.5 pts
Q1 20263.7%+0.0 pts-1.4 pts
Q4 20253.7%-3.8 pts—
Q3 20257.5%+2.5 pts—
Q2 20255.0%-0.1 pts—
Q1 20255.1%——

Q3 2026 at a glance

DoorDash, Q3 2026: revenue $4.6B (+34% year over year), operating margin 9.6%, net earnings $465M, operating cash flow $994M. The chart follows the revenue to costs, profit and cash.

Questions

What is DoorDash's operating margin?

DoorDash's operating margin was 9.6% in Q3 2026 (third quarter 2026), +6.1 pts from Q2 2026.

How has DoorDash's operating margin changed?

Over the last 7 quarters it ranged from 3.5% (Q2 2026) to 9.6% (Q3 2026).

Q3 2026 results → · How DoorDash makes money →