DoorDash, Inc.

Company facts

Industry

Services-Business Services, NEC

Headquarters

San Francisco, California

Most recent report

8-K, filed Aug 11, 2026

Incorporated

Delaware

Filings on record

1,005+ filings

On EDGAR

CIK 1792789

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 5 of 13 sections worth reading, with 4 positive, 8 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Core financial statements and notes with critical acquisition and restructuring details.
  Notable

  • Repurchased $1.0B of stock in H1 2026 under new $5B authorization.
  • Recorded $50M in restructuring charges in H1 2026 for exiting certain countries.

• Management's Discussion (Item 2)

  Full of current-period numbers: revenue, orders, profit, cash flow, and liquidity details.
  Positive

  • Total Orders hit 970M, up 27% in Q2 2026.
  • Marketplace GOV $33.1B, up 36% in Q2 2026.
  • Adjusted EBITDA $914M in Q2 2026, up 40% from $655M.
  • Revenue $4,454M, up 36% in Q2 2026, driven by 36% Marketplace GOV growth.
  Notable

  • Accumulated deficit reached $5.0B as of June 30, 2026, up from $4.3B in Q1 2026.

• Part II

  CA EDD audit with negative assessment and recorded accrual.
  Notable

  • Ongoing independent contractor class actions and PAGA claims challenging Dasher classification.
  Negative

  • CA EDD issued a negative assessment in January 2023; DoorDash recorded an accrual as of June 30, 2026 for payroll tax liabilities.

• Risk Factors (Item 1A)

  Multiple new company-specific legal and regulatory risks disclosed, plus updated credit facility terms.
  Notable

  • Reported an October 2025 cybersecurity breach (social engineering) – deemed non-material but required significant resources.
  • Founders collectively hold 54% of voting power (63% potential). Tony Xu has irrevocable proxy over co-founders' shares.
  • In February 2025, authorized a $5.0 billion share repurchase program; through June 30, 2026, had repurchased ~$1.0 billion.
  Negative

  • Italian authorities placed DoorDash's Italian ops under temporary judicial administration over pay practices – outcome uncertain.
  • Restated Credit Facility (Aug 5, 2026) includes max senior net leverage ratio covenant; letters of credit increased to $84M from $42M.

• Legal Proceedings (Item 1)

  Material financing event: credit line upsized to $2B, maturity extended to 2031.
  Notable

  • Credit capacity more than doubled to $2.0B, with no drawn debt, strengthens liquidity.

What changed: Jun 2026 vs. Mar 2026

About 5% of DASH's Jun 2026 10-Q is new information. 34 paragraphs were added, 174 changed, and 25 removed. Below are the most important lines SECSift identified.

• Item 1 58
• Item 2 52
• Item 1A 32
• Item 5 4
• Item 6 3
• Item 3 3
• Part II 2
• Item 4 2