DoorDash (DASH) Operating Margin (2020 - 2026)
DoorDash's quarterly Operating Margin came in at 3.74% in Q1 2026, down 137.0% year-on-year from 10.11% in Q1 2025, and up 0.66% quarter-over-quarter from 3.72% in Q4 2025.
DoorDash has reported Operating Margin for 7 years, with the latest figure at 3.74% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 137.0% year-over-year to 3.74%; the trailing twelve-month figure through Mar 2026 stood at 4.88% (up 330.0% YoY), and the FY2025 full-year result was 5.27%, up 563.0% from the prior year.
- Operating Margin for Q1 2026 stood at 3.74%, up from 3.72% in the prior quarter.
- The five-year high for Operating Margin was 7.49% in Q3 2025, with the low at 20.35% in Q4 2022.
- Average Operating Margin over 5 years is 4.21%, with a median of 3.86% recorded in 2023.
- Year-over-year, Operating Margin tumbled 1026 bps in 2022 and surged 1649 bps in 2023.
- Tracing DASH's Operating Margin over 5 years: stood at 20.35% in 2022, then soared by 81 bps to 3.86% in 2023, then surged by 205 bps to 4.07% in 2024, then retreated by 9 bps to 3.72% in 2025, then increased by 1 bps to 3.74% in 2026.
- The last three Operating Margin figures came in at 3.74% (Q1 2026), 3.72% (Q4 2025), and 7.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,861.08 Bn | 2,717.99 Bn | 171.21 Bn | 13.14% |
| 2 | Alibaba Group Holding | 348.49 Bn | 315.38 Bn | 12.18 Bn | -0.35% |
| 3 | Mercadolibre | 84.38 Bn | 78.73 Bn | 3.86 Bn | 6.91% |
| 4 | DoorDash | 69.78 Bn | 64.91 Bn | 2.04 Bn | 3.74% |
| 5 | Ebay | 51.86 Bn | 48.00 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 29.42 Bn | 29.33 Bn | 2.30 Bn | -2.85% |
| 7 | Maplebear | 9.86 Bn | 9.17 Bn | 738.00 Mn | 17.86% |
| 8 | Wayfair | 8.79 Bn | 7.72 Bn | 880.00 Mn | -0.38% |
| 9 | Chewy | 8.58 Bn | 7.71 Bn | 959.70 Mn | 1.30% |
| 10 | Etsy | 6.00 Bn | 4.58 Bn | 455.60 Mn | 18.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.74% |
| Dec 31, 2025 | 3.72% |
| Sep 30, 2025 | 7.49% |
| Jun 30, 2025 | 4.96% |
| Mar 31, 2025 | 5.11% |
| Dec 31, 2024 | 4.07% |
| Sep 30, 2024 | 3.95% |
| Jun 30, 2024 | -7.64% |
| Mar 31, 2024 | -2.43% |
| Dec 31, 2023 | -3.86% |
| Sep 30, 2023 | -4.99% |
| Jun 30, 2023 | -9.89% |
| Mar 31, 2023 | -8.40% |
| Dec 31, 2022 | -20.35% |
| Sep 30, 2022 | -18.11% |
| Jun 30, 2022 | -16.98% |
| Mar 31, 2022 | -11.88% |
| Dec 31, 2021 | -11.85% |
| Sep 30, 2021 | -7.84% |
| Jun 30, 2021 | -8.01% |
| Mar 31, 2021 | -9.19% |
| Dec 31, 2020 | -31.44% |
| Sep 30, 2020 | -3.98% |
| Jun 30, 2020 | 4.00% |
| Mar 31, 2020 | -33.98% |