Filing Flows › DoorDash (DASH) › Q2 2026 › vs Q1 2026
DoorDash (DASH) Q2 2026 vs Q1 2026 (quarter over quarter)
DoorDash's revenue rose $418M (+10%) from $4.0B in Q1 2026 to $4.5B in Q2 2026. Operating margin 3.5% against 3.7% (-0.2 pts).
DoorDash, Q2 2026: revenue $4.5B (+36% year over year), operating margin 3.5%, net earnings $199M, operating cash flow $944M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.5% | 3.7% | -0.2 pts |
| Net margin | 4.5% | 4.5% | -0.1 pts |
| Free cash flow margin | 19.8% | 13.3% | +6.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.5B | $4.0B | $418M | +10% |
| Other income, net | $51.0M | $40.0M | $11.0M | +27% |
| Operating profit | $156M | $151M | $5.0M | +3% |
| Costs & expenses | $4.3B | $3.9B | $413M | +11% |
| Pre-tax earnings | $207M | $191M | $16.0M | +8% |
| Cost of revenue | $2.1B | $2.0B | $115M | +6% |
| Research & development | $535M | $398M | $137M | +34% |
| Sales & marketing | $821M | $746M | $75.0M | +10% |
| General & admin | $538M | $432M | $106M | +25% |
| Other operating costs | $297M | $317M | −$20.0M | -6% |
| Net earnings | $199M | $183M | $16.0M | +9% |
| Income tax | $8.0M | $8.0M | $0 | 0% |
| Depreciation & amortization | $295M | $269M | $26.0M | +10% |
| Share-based compensation | $349M | $231M | $118M | +51% |
| Working capital & other | $101M | −$89.0M | $190M | — |
| Operating cash flow | $944M | $594M | $350M | +59% |
| Free cash flow (OCF − capex) | $883M | $537M | $346M | +64% |
| Capital expenditures | $61.0M | $57.0M | $4.0M | +7% |
Questions
How much did DoorDash's revenue grow quarter over quarter in Q2 2026?
DoorDash's revenue rose $418M (+10%) from $4.0B in Q1 2026 to $4.5B in Q2 2026. Operating margin 3.5% against 3.7% (-0.2 pts).