DoorDash, Inc.

DASHNASDAQCommunication Services● Active

$156.96

+$0.16(+0.10%)

Market Cap$68.4B

P/E Ratio—

52W High$285.5

52W Low$143.3

Avg Volume4.5M

Open$156.40

Beta1.81

Free Cash Flow Financials Revenue

DoorDash, Inc. (DASH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DASH · free cash flow · updated Jun 8, 2026

Core FCF metrics

DASH · FCF · TTM · margin & CAGR

Free cash flow was $2.17B for FY2025 (fiscal year ending 2025-12-31), up 20.6% year-over-year The FCF margin was 15.8%. Five-year CAGR stands at +87.8%.

FY2025 Free Cash Flow$2.17B▲ +20.6% YoY

Trailing 12M (TTM)$1.75Btrailing 4 quarters sum

FCF Margin15.8%$2.17B ÷ revenue

3-Year CAGR+369.6%FY2022 → FY2025

5-Year CAGR+87.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DASH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.43B(257M)$2.17B▲ +20.6%15.8%

FY2024$2.13B(330M)$1.80B▲ +33.6%16.8%

FY2023$1.67B(324M)$1.35B▲ +6323.8%15.6%

FY2022$367.0M(346M)$21.0M▼ 95.4%0.3%

FY2021$692.0M(237M)$455.0M▲ +389.2%9.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DASH · P/FCF · FCF yield · FCF per share

DoorDash, Inc. (DASH) trades at a FCF yield of 2.58% and a price-to-free-cash-flow ratio of 38.3x. FCF per share stands at $4.10, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.58%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$4.10

TTM FCF ÷ Shares Outstanding

Price / FCF

x38.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x38.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

DASH · cash flow statement · operating / investing / financing

For FY2025, DoorDash, Inc. generated $2.43B in operating cash flow and spent 257M in capital expenditures, yielding $2.17B in free cash flow.

Operating Activities

+$2.43B

Cash from core business operations

2025-12-31

Investing Activities

−$4.39B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$2.36B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.43B) − |CapEx| (257M) = FCF ($2.17B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

DASH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

DoorDash, Inc.YOU

DASH

$2.17B+20.6%15.8%

About Free Cash Flow & Methodology

DoorDash, Inc. (DASH) reported free cash flow of $2.17B for FY2025 (fiscal year ending 2025-12-31), up 20.6% year-over-year. The FCF margin was 15.8%.

Based on available data, DoorDash, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $2.17B in FY2025. The 5-year CAGR stands at +87.8%.

DoorDash, Inc.'s FCF yield is 2.58% and price-to-FCF ratio is 38.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DASH free cash flow · 8 questions

DoorDash, Inc. free cash flow was $2.17B for FY2025, up 20.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.75B.

DASH free cash flowDASH FCFDASH FCF 2025DASH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · DoorDash, Inc. · DoorDash, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026