Filing Flows › DoorDash (DASH) › Q2 2026 › vs Q2 2025
DoorDash (DASH) Q2 2026 vs Q2 2025 (year over year)
DoorDash's revenue rose $1.2B (+36%) from $3.3B in Q2 2025 to $4.5B in Q2 2026. Operating margin 3.5% against 5.0% (-1.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.5% | 5.0% | -1.5 pts |
| Net margin | 4.5% | 8.6% | -4.2 pts |
| Free cash flow margin | 19.8% | 13.3% | +6.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.5B | $3.3B | $1.2B | +36% |
| Other income, net | $51.0M | $108M | −$57.0M | -53% |
| Operating profit | $156M | $163M | −$7.0M | -4% |
| Costs & expenses | $4.3B | $3.1B | $1.2B | +38% |
| Pre-tax earnings | $207M | $271M | −$64.0M | -24% |
| Cost of revenue | $2.1B | $1.6B | $491M | +30% |
| Research & development | $535M | $351M | $184M | +52% |
| Sales & marketing | $821M | $607M | $214M | +35% |
| General & admin | $538M | $388M | $150M | +39% |
| Other operating costs | $297M | $159M | $138M | +87% |
| Net earnings | $199M | $284M | −$85.0M | -30% |
| Income tax | $8.0M | −$13.0M | $21.0M | — |
| Depreciation & amortization | $295M | $159M | $136M | +86% |
| Share-based compensation | $349M | $282M | $67.0M | +24% |
| Working capital & other | $101M | −$221M | $322M | — |
| Operating cash flow | $944M | $504M | $440M | +87% |
| Free cash flow (OCF − capex) | $883M | $438M | $445M | +102% |
| Capital expenditures | $61.0M | $66.0M | −$5.0M | -8% |
Questions
How much did DoorDash's revenue grow year over year in Q2 2026?
DoorDash's revenue rose $1.2B (+36%) from $3.3B in Q2 2025 to $4.5B in Q2 2026. Operating margin 3.5% against 5.0% (-1.5 pts).