DoorDash
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 2.9b | 4.9b | 6.6b | 8.6b | 10.6b | 12.3b | 14.2b |
% growth | 226 % | 69 % | 35 % | 31 % | 22 % | 16 % | 16 % |
EBITDA | (306m) | (293m) | (936m) | (66.0m) | 1.8b | 2.4b | 3.2b |
% EBITDA margin | (11 %) | (6 %) | (14 %) | (1 %) | 17 % | 20 % | 22 % |
Profit | (461m) | (468m) | (1.4b) | (558m) | 18.5m | 666m | 1.4b |
% profit margin | (16 %) | (10 %) | (21 %) | (6 %) | - | 5 % | 10 % |
EV / revenue | 14.2x | 9.7x | 2.3x | 4.1x | 4.5x | 3.8x | 3.1x |
EV / EBITDA | -133.5x | -161.5x | -16.5x | -534.9x | 26.0x | 19.1x | 13.8x |
R&D budget | 321m | 430m | 829m | 1.0b | - | - | - |
R&D % of revenue | 11 % | 9 % | 13 % | 12 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$120k | Seed | ||
$2.4m | Seed | ||
$17.3m | Series A | ||
$40.0m | Series B | ||
$127m Valuation: $700m | Series C | ||
N/A | N/A | Early VC | |
* | $535m Valuation: $1.4b | Series D | |
* | $250m Valuation: $4.0b | Growth Equity VC | |
$400m Valuation: $7.1b 24.4x EV/LTM Revenues -36.6x EV/LTM EBITDA | Series F | ||
$600m Valuation: $12.6b 43.3x EV/LTM Revenues -64.9x EV/LTM EBITDA | Series G | ||
$100m Valuation: $12.5b 43.0x EV/LTM Revenues -64.4x EV/LTM EBITDA | Series G | ||
$400m Valuation: $16.0b 18.1x EV/LTM Revenues -25.2x EV/LTM EBITDA | Series H | ||
N/A | N/A Valuation: $39.0b 44.1x EV/LTM Revenues -61.5x EV/LTM EBITDA | IPO | |
Total Funding | CAD3.4b |
Related Content
Recent News about DoorDash
EditDoorDash is a leading on-demand food delivery service that connects customers with their favorite local and national restaurants. The company operates primarily in the United States, but it has expanded its services to Canada and Australia. DoorDash serves a wide range of clients, including individual consumers looking for convenient meal options and restaurants seeking to expand their customer base without the need for additional infrastructure.
The market DoorDash operates in is the food delivery industry, which has seen significant growth, especially during the COVID-19 pandemic. With more people working from home and avoiding dining out, the demand for food delivery services has surged. DoorDash has capitalized on this trend by offering a user-friendly platform that allows customers to browse menus, place orders, and have food delivered to their doorstep.
DoorDash's business model is based on a three-sided marketplace that includes customers, restaurants, and delivery drivers (referred to as "Dashers"). The company makes money by charging restaurants a commission fee for each order placed through its platform. Additionally, DoorDash charges customers a delivery fee and sometimes a service fee, which varies based on factors like distance and order size. Dashers are compensated through a combination of base pay, tips, and bonuses.
In summary, DoorDash has positioned itself as a key player in the food delivery market by leveraging technology to meet the needs of consumers, restaurants, and delivery drivers. Its revenue model, which includes commissions, delivery fees, and service fees, has proven effective in driving growth and expanding its market presence.
Keywords: food delivery, on-demand service, restaurants, customers, Dashers, commission fees, delivery fees, service fees, technology, market growth.