DoorDash Q4 FY25: where the revenue came from and where it went
The whole income statement of DoorDash for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Oct 1 – Dec 31, 2025
- Reported
- Feb 18, 2026
Revenue$3.96B
+38% year over year
Gross profit$2.02B
51% margin
Operating profit$0.15B
4% margin
Net profit$0.21B
5% margin
Net profit is larger than what operations earned, because the statement adds $0.07B below it, under Other income, net.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.96 | 100% | +38% |
| US | 3.05 | 77% | +22% |
| Non US | 0.91 | 23% | +144% |
| Cost of revenue | −1.94 | 49% | |
| Gross profit | 2.02 | 51% margin | +2pp |
| R&D | −0.42 | 10% | +0pp |
| Sales & marketing | −0.71 | 18% | −1pp |
| G&A | −0.48 | 12% | +1pp |
| Other | −0.27 | 7% | +0pp |
| Operating profit | 0.15 | 4% margin | +0pp |
| Other income, net | 0.07 | ||
| Net profit | 0.21 | 5% margin | +0pp |
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