Filing Flows › DoorDash (DASH) › Q3 2025
DoorDash (DASH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
DoorDash (DASH) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +27% from a year earlier and +5% from the quarter before. Operating margin was 7.5%, net earnings $243M (7.1% of revenue).
DoorDash, Q3 2025: revenue $3.4B (+27% year over year), operating margin 7.5%, net earnings $243M, operating cash flow $871M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +5% | +27% |
| Operating profit | $258M | +58% | +141% |
| Net earnings | $243M | -14% | +51% |
| Operating cash flow | $871M | +73% | +64% |
| Free cash flow | $808M | +84% | +62% |
What changed
Revenue was $3.4B in Q3 2025, up 27% year over year and up 5% from the previous quarter.
Operating profit was $0.26B, a 7.5% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 4% margin then. Total costs grew 23% against revenue growth of 27%. The fastest-growing cost line was General & admin (+27%). Net earnings were $0.24B, up 51% year over year. The effective tax rate was 2.0%.
Operating cash flow was $0.87B (up 64% year over year), 358% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.26B of share-based compensation. Working capital and other items added $0.20B. Capital expenditures of $0.06B left free cash flow of $0.81B.
Questions
What was DoorDash's revenue in the third quarter 2025?
DoorDash (DASH) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +27% from a year earlier and +5% from the quarter before.
Was DoorDash profitable in the third quarter 2025?
Operating profit was $258M (7.5% of revenue) and net earnings $243M.
Source: DoorDash 10-Q on SEC EDGAR.