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DoorDash (DASH) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

DoorDash (DASH) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +36% from a year earlier and +10% from the quarter before. Operating margin was 3.5%, net earnings $199M (4.5% of revenue).

Revenue$4.5B
Year over year+36%
Quarter over quarter+10%
Operating margin3.5%
Net earnings$199M

DoorDash, Q2 2026: revenue $4.5B (+36% year over year), operating margin 3.5%, net earnings $199M, operating cash flow $944M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$4.5B+10%+36%
Operating profit$156M+3%-4%
Net earnings$199M+9%-30%
Operating cash flow$944M+59%+87%
Free cash flow$883M+64%+102%

What changed

Revenue was $4.5B in Q2 2026, up 36% year over year and up 10% from the previous quarter.

Operating profit was $0.16B, a 3.5% margin (down 1.5 points year over year). Operating profit fell $0.01B even though revenue rose $1.2B versus Q2 2025, so costs grew faster than sales. Total costs grew 38% against revenue growth of 36%. The fastest-growing cost line was Other operating costs (+87%). Net earnings were $0.20B, down 30% year over year. The effective tax rate was 3.9%. Non-operating items added $0.05B, 25% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $0.94B (up 87% year over year), 474% of net earnings. Non-cash charges added back $0.29B of depreciation and amortization and $0.35B of share-based compensation. Working capital and other items added $0.10B. Capital expenditures of $0.06B left free cash flow of $0.88B.

Questions

What was DoorDash's revenue in the second quarter 2026?

DoorDash (DASH) reported revenue of $4.5B for the second quarter 2026 (Q2 2026), +36% from a year earlier and +10% from the quarter before.

Was DoorDash profitable in the second quarter 2026?

Operating profit was $156M (3.5% of revenue) and net earnings $199M.

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Source: DoorDash 10-Q on SEC EDGAR.