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For the three months ended March 31, 2025, there were $ 1 million in restructuring charges from certain restructuring activities. As of March 31, 2025, the liabilities related to these restructuring activities were immaterial.
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For the six months ended June 30, 2025, there were $ 1 million in restructuring charges from certain restructuring activities. As of June 30, 2025, the liabilities related to these restructuring activities were immaterial.
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For the nine months ended September 30, 2025, there were $ 2 million in restructuring charges from certain restructuring activities. As of September 30, 2025, the liabilities related to these restructuring activities were immaterial.
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Restructuring charges primarily consist of separation-related payments and other termination benefit costs associated with restructuring activities.
Read in the filing ↗ Also in 10-Q of Aug 6, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026
(5) Excludes stock-based compensation related to restructuring, which is included in restructuring charges in the table above.
Read in the filing ↗ Also in 8-K of Feb 15, 2024, 10-K of Feb 14, 2025, 8-K of May 6, 2026, 10-Q of May 6, 2026, 8-K of Aug 5, 2026, 10-Q of Aug 5, 2026, 8-K of Oct 29, 2026, 10-Q of Oct 30, 2026
Restructuring charges primarily consist of employee termination costs and other costs related to the closures of operations in certain countries, in each case, associated with restructuring activities.
Read in the filing ↗ Also in 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
For the three months ended March 31, 2026, the Company recorded $ 48 million in restructuring charges in connection with the restructuring activities, consisting of employee termination costs, and other costs related to the closure of operations in certain countries. These expenses are included in restructuring charges in the Company’s condensed consolidated statements of operations, and unpaid amounts are included in accrued expenses and other current liabilities on its condensed consolidated balance sheets. The Company expects that most cash payments and expenses related to the restructuring activities will be substantially completed by the end of 2026.
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For the three and six months ended June 30, 2026, the Company recorded $ 2 million and $ 50 million, respectively, in restructuring charges in connection with the restructuring activities, consisting of employee termination costs, and other costs related to the closure of operations in certain countries. These expenses are included in restructuring charges in the Company’s condensed consolidated statements of operations, and unpaid amounts are included in accrued expenses and other current liabilities on its condensed consolidated balance sheets. The Company expects that most cash payments and expenses related to the restructuring activities will be substantially completed by the end of 2026.
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For the three and nine months ended September 30, 2026, the Company recorded $ 1 million and $ 51 million, respectively, in restructuring charges in connection with the restructuring activities, consisting of employee termination costs, and other costs related to the closure of operations in certain countries. These expenses are included in restructuring charges in the Company’s condensed consolidated statements of operations, and unpaid amounts are included in accrued expenses and other current liabilities on its condensed consolidated balance sheets. The Company expects that most cash payments and expenses related to the restructuring activities will be substantially completed by the end of 2026.
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Restructuring charges increased by $47 million for the first quarter of 2026, compared to the same quarter of 2025. The increase was primarily driven by employee termination costs and other costs related to the closure of operations in certain countries as part of restructuring activities announced in the first quarter of 2026.
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Restructuring charges increased by $49 million during the first six months of 2026, compared to the same period of 2025. The increase was primarily driven by employee termination costs and other costs related to the closure of operations in certain countries as part of restructuring activities announced in the first quarter of 2026.
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Restructuring charges increased by $49 million during the first nine months of 2026, compared to the same period of 2025. The increase was primarily driven by employee termination costs and other costs related to the closure of operations in certain countries as part of restructuring activities announced in the first quarter of 2026.
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Restructuring charges were not material in both the second quarter of 2026 and the same quarter of 2025.
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Restructuring charges were not material in both the third quarter of 2026 and the same quarter of 2025.
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The following table summarizes the components of, and changes in, the accrued restructuring charges for the three months ended March 31, 2026 (in millions):
Read in the filing ↗ Also in 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
to include net income (loss) attributable to redeemable non-controlling interests and exclude (i) certain legal, tax, and regulatory settlements, reserves, and expenses, (ii) loss on disposal of property and equipment, (iii) transaction-related costs (primarily consists of acquisition, integration, and investment related costs), (iv) impairment expenses, (v) restructuring charges, (vi) inventory write-off related to restructuring, (vii) provision for (benefit from) income taxes, (viii) interest income, net, (ix) other (income) expense, net, (x) stock-based compensation expense and certain payroll tax expense, and (xi) depreciation and amortization expense.
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Adjusted EBITDA is a measure that we use to assess our operating performance and the operating leverage in our business. We define Adjusted EBITDA as net income (loss) attributable to DoorDash, Inc. common stockholders, adjusted to include net income (loss) attributable to redeemable non-controlling interests and exclude (i) certain legal, tax, and regulatory settlements, reserves, and expenses, (ii) loss on disposal of property and equipment, (iii) transaction-related costs (primarily consists of acquisition, integration, and investment related costs), (iv) impairment expenses, (v) restructuring charges, (vi) inventory write-off related to restructuring, (vii) provision for (benefit from) income taxes, (viii)
Read in the filing ↗ Also in 10-Q of Oct 30, 2026, 8-K of Nov 1, 2023, 8-K of Nov 1, 2023, 8-K of Feb 15, 2024, 8-K of May 1, 2024, 8-K of Feb 15, 2024, 8-K of Oct 30, 2024, 10-K of Feb 14, 2025, 8-K of May 6, 2025, 8-K of Feb 11, 2025, 8-K of Aug 6, 2025, 8-K of Nov 5, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026, 8-K of Feb 18, 2026, 10-Q of Aug 5, 2026, 8-K of Oct 29, 2026, 8-K of May 6, 2026, 8-K of Aug 5, 2026
Adjusted EBITDA. We define Adjusted EBITDA as net income (loss) attributable to DoorDash, Inc. common stockholders, adjusted to include net income (loss) attributable to redeemable non-controlling interests, and exclude (i) certain legal, tax, and regulatory settlements, reserves, and expenses, (ii) loss on disposal of property and equipment, (iii) transaction-related costs (primarily consists of acquisition, integration, and investment related costs), (iv) impairment expenses, (v) restructuring charges, (vi) inventory write-off related to restructuring, (vii) provision for (benefit from) income taxes, (viii) interest income, net, (ix) other expense, net, (x) stock-based compensation expense and certain payroll tax expense, and (xi) depreciation and amortization expense.
Read in the filing ↗ Also in 10-Q of Aug 6, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026, 10-Q of May 6, 2026, 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
Costs and liabilities associated with management-approved restructuring activities are recognized when they are incurred. One-time employee termination costs are recognized at the time of communication to employees, unless future service is required, in which case the costs are recognized over the future service period. Ongoing employee termination benefits are recognized as a liability when it is probable that a liability exists and the amount is reasonably estimable. Restructuring charges are recognized as an operating expense within the consolidated statements of operations and related liabilities are recorded within accrued expenses and other current liabilities on the consolidated balance sheets. The Company periodically evaluates and, if necessary, adjusts its estimates based on currently available information.
Read in the filing ↗ Also in 10-K of Feb 18, 2026
We define Contribution Profit as our gross profit less sales and marketing expense plus (i) depreciation and amortization expense related to cost of revenue, (ii) stock-based compensation expense and certain payroll tax expense included in cost of revenue and sales and marketing expenses, (iii) allocated overhead included in cost of revenue and sales and marketing expenses, and (iv) inventory write-off related to restructuring. We define gross margin as gross profit as a percentage of revenue for the same period and we define Contribution Margin as Contribution Profit as a percentage of revenue for the same period. 5 Adjusted EBITDA is a measure that we use to assess our operating performance and the operating leverage in our business. We define Adjusted EBITDA as net income (loss) including redeemable non-controlling interests, adjusted to exclude (i) certain legal, tax, and regulatory settlements, reserves, and expenses, (ii) loss on disposal of property and equipment, (iii) transaction-related costs (primarily consists of acquisition, integration, and investment related costs), (iv) impairment expenses, (v) restructuring charges, (vi) inventory write-off related to restructuring, (vii) provision for (benefit from) income taxes, (viii) interest income, net, (ix) other expense, net, (x) stock-based compensation expense and certain payroll tax expense, and (xi) depreciation and amortization expense.
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Year Ended December 31, (in millions) 2022 2023 2024 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── Net income (loss) attributable to DoorDash, Inc. common stockholders $ (1,365) $ (558) $ 123 Add: Net loss attributable to redeemable non-controlling interests (3) (7) (6) Net income (loss) including redeemable non-controlling interests $ (1,368) $ (565) $ 117 Certain legal, tax, and regulatory settlements, reserves, and expenses(1) 72 162 180 Transaction-related costs 68 2 7 Office lease impairment expenses 2 — 83 Restructuring charges 92 2 — Inventory write-off related to restructuring 2 — — Provision for (benefit from) income taxes (31) 31 39 Interest income, net (30) (152) (199) Other expense, net(2) 305 107 5 Stock-based compensation expense and certain payroll tax expense(3) 880 1,094 1,107 Depreciation and amortization expense 369 509 561 Adjusted EBITDA $ 361 $ 1,190 $ 1,900
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During the three months ended March 31, 2026, the Company initiated certain restructuring activities, including the announced exit of operations in certain countries. These decisions reflected the Company’s continued focus on the geographies where the Company believes it can offer the best products and build for long-term success. Exiting operations in these countries was substantially completed as of March 31, 2026.
Read in the filing ↗ Also in 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
We define Adjusted Gross Profit as gross profit plus (i) depreciation and amortization expense related to cost of revenue, (ii) stock-based compensation expense and certain payroll tax expense included in cost of revenue, (iii) allocated overhead included in cost of revenue, and (iv) inventory write-off related to restructuring. Gross profit is defined as revenue less (i) cost of revenue, exclusive of depreciation and amortization and (ii) depreciation and amortization related to cost of revenue. Adjusted Gross Margin is defined as Adjusted Gross Profit as a percentage of revenue for the same period. 5 We define Contribution Profit as our gross profit less sales and marketing expense plus (i) depreciation and amortization expense related to cost of revenue, (ii) stock-based compensation expense and certain payroll tax expense included in cost of revenue and sales and marketing expenses, (iii) allocated overhead included in cost of revenue and sales and marketing expenses, and (iv) inventory write-off related to restructuring. We define gross margin as gross profit as a percentage of revenue for the same period and we define Contribution Margin as Contribution Profit as a percentage of revenue for the same period.
Read in the filing ↗ Also in 8-K of Nov 1, 2023, 8-K of Feb 15, 2024, 8-K of Aug 1, 2024, 8-K of Oct 30, 2024, 8-K of Feb 11, 2025, 10-K of Feb 14, 2025, 10-Q of Aug 6, 2025, 8-K of Nov 5, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026, 8-K of Feb 18, 2026, 8-K of May 6, 2026, 10-Q of May 6, 2026, 8-K of Aug 5, 2026, 10-Q of Aug 5, 2026, 8-K of Oct 29, 2026, 10-Q of Oct 30, 2026, 8-K of Aug 6, 2025
We define adjusted cost of revenue as cost of revenue, exclusive of depreciation and amortization, excluding stock-based compensation expense and certain payroll tax expense, allocated overhead, and inventory write-off related to restructuring. We exclude stock-based compensation as it is non-cash in nature and we exclude allocated overhead as it is generally a fixed cost and is not directly impacted by Total Orders. We believe excluding such expenses provides a better period-to-period comparison of the core operating performance of our business.
Read in the filing ↗ Also in 10-Q of Aug 6, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026, 10-Q of May 6, 2026, 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
Contribution Profit. We define Contribution Profit as our gross profit less sales and marketing expense plus (i) depreciation and amortization expense related to cost of revenue, (ii) stock-based compensation expense and certain payroll tax expense included in cost of revenue and sales and marketing expenses, (iii) allocated overhead included in cost of revenue and sales and marketing expenses, and (iv) inventory write-off related to restructuring. Gross profit is defined as revenue less (i) cost of revenue, exclusive of depreciation and amortization and (ii) depreciation and amortization related to cost of revenue.
Read in the filing ↗ Also in 10-Q of Aug 6, 2025, 10-Q of Nov 6, 2025, 10-K of Feb 18, 2026, 10-Q of May 6, 2026, 10-Q of Aug 5, 2026, 10-Q of Oct 30, 2026
Contribution Profit as our gross profit less sales and marketing expense plus (i) depreciation and amortization expense related to cost of revenue, (ii) stock-based compensation expense and certain payroll tax expense included in cost of revenue and sales and marketing expenses, (iii) allocated overhead included in cost of revenue and sales and marketing expenses, and (iv) inventory write-off related to restructuring. We define gross margin as gross profit as a percentage of revenue for the same period and we define Contribution Margin as Contribution Profit as a percentage of revenue for the same period.
Read in the filing ↗ Also in 10-Q of Oct 30, 2026