DoorDash (DASH) 10-Q 5 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	Apr. 30, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	001-39759
Entity Registrant Name	DOORDASH, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-2852392
Entity Address, Address Line One	303 2nd Street, South Tower, 8th Floor
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94107
City Area Code	650
Local Phone Number	487-3970
Title of 12(b) Security	Class A common stock, par value of $0.00001 per share
Trading Symbol	DASH
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001792789
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		360,917,530
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		27,646,840
Class C Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,833	$ 1,977
Short-term marketable securities	1,573	1,544
Funds held at payment processors	290	441
Accounts receivable, net	382	400
Prepaid expenses and other current assets	509	358
Total current assets	4,587	4,720
Long-term restricted cash	278	211
Long-term marketable securities	314	397
Operating lease right-of-use assets	414	436
Property and equipment, net	656	637
Intangible assets, net	743	765
Goodwill	2,403	2,370
Non-marketable equity securities	125	124
Other assets	126	129
Total assets	9,646	9,789
Current liabilities:
Accounts payable	208	157
Operating lease liabilities	55	55
Accrued expenses and other current liabilities	2,388	2,332
Total current liabilities	2,651	2,544
Operating lease liabilities	437	456
Other liabilities	27	21
Total liabilities	3,115	3,021
Commitments and contingencies (Note 8)
Redeemable non-controlling interests	13	14
Stockholders’ equity:
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding	0	0
Additional paid-in capital	10,900	10,633
Accumulated other comprehensive (loss) income	18	(33)
Accumulated deficit	(4,400)	(3,846)
Total stockholders’ equity	6,518	6,754
Total liabilities, redeemable non-controlling interests and stockholders’ equity	$ 9,646	$ 9,789

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Common stock, par value ($ per share)	$ 0.00001	$ 0.00001
Class A Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	6,000,000,000	6,000,000,000
Common stock, issued (shares)	362,028,000	363,299,000
Common stock, outstanding (shares)	362,028,000	363,299,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	200,000,000	200,000,000
Common stock, issued (shares)	27,728,000	28,172,000
Common stock, outstanding (shares)	27,728,000	28,172,000
Class C Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	2,000,000,000	2,000,000,000
Common stock, issued (shares)	0	0
Common stock, outstanding (shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 2,035	$ 1,456
Costs and expenses:
Cost of revenue, exclusive of depreciation and amortization shown separately below	1,069	763
Sales and marketing	496	414
Research and development	231	148
General and administrative	285	245
Depreciation and amortization	123	59
Restructuring charges	2	0
Total costs and expenses	2,206	1,629
Loss from operations	(171)	(173)
Interest income	28	1
Interest expense	(1)	0
Other income (expense), net	(1)	5
Loss before income taxes	(145)	(167)
Provision for income taxes	17	0
Net loss including redeemable non-controlling interests	(162)	(167)
Less: net loss attributable to redeemable non-controlling interests	(1)	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (161)	$ (167)
Earnings Per Share
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.41)	$ (0.48)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.41)	$ (0.48)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	390,397	349,219
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	390,397	349,219

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss including redeemable non-controlling interests	$ (162)	$ (167)
Other comprehensive (loss) income, net of tax:
Change in foreign currency translation adjustments	42	0
Change in unrealized loss on marketable securities	9	(10)
Total other comprehensive (loss) income, net of tax	51	(10)
Comprehensive loss including redeemable non-controlling interests	(111)	(177)
Less: Comprehensive loss attributable to redeemable non-controlling interests	(1)	0
Comprehensive loss attributable to DoorDash, Inc. common stockholders	$ (110)	$ (177)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Redeemable Non-Controlling Interests and Stockholders' Equity - USD ($) shares in Thousands, $ in Millions	Total	Redeemable Non-Controlling Interests	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Redeemable non-controlling interests, beginning at Dec. 31, 2021	$ 0
Redeemable non-controlling interests, ending at Mar. 31, 2022	0
Common stock, outstanding (shares), beginning at Dec. 31, 2021			346,512
Common stock, outstanding, beginning at Dec. 31, 2021	4,667		$ 0	$ 6,752	$ (2,081)	$ (4)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of RSUs (shares)			1,915
Issuance of common stock upon exercise of stock options (shares)			2,686
Issuance of common stock upon exercise of stock options	5			5
Stock-based compensation	157			157
Other comprehensive income (loss)	(10)					(10)
Net loss	(167)				(167)
Common stock, outstanding (shares), ending at Mar. 31, 2022			351,113
Common stock, outstanding, ending at Mar. 31, 2022	4,652		$ 0	6,914	(2,248)	(14)
Redeemable non-controlling interests, beginning at Dec. 31, 2022	14
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss		$ (1)
Redeemable non-controlling interests, ending at Mar. 31, 2023	13
Common stock, outstanding (shares), beginning at Dec. 31, 2022			391,471
Common stock, outstanding, beginning at Dec. 31, 2022	$ 6,754		$ 0	10,633	(3,846)	(33)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of RSUs (shares)			3,322
Issuance of common stock upon exercise of stock options (shares)	1,724		1,724
Issuance of common stock upon exercise of stock options	$ 2			2
Stock-based compensation	265			265
Other comprehensive income (loss)	$ 51					51
Repurchase and retirement of common stock (shares)	(6,800)		(6,761)
Repurchase and retirement of common stock	$ (393)				(393)
Net loss	(161)				(161)
Common stock, outstanding (shares), ending at Mar. 31, 2023			389,756
Common stock, outstanding, ending at Mar. 31, 2023	$ 6,518		$ 0	$ 10,900	$ (4,400)	$ 18

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net loss including redeemable non-controlling interests	$ (162)	$ (167)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	123	59
Stock-based compensation	230	129
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities	32	16
Other	4	3
Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:
Funds held at payment processors	151	30
Accounts receivable, net	17	25
Prepaid expenses and other current assets	(75)	(68)
Other assets	(8)	(23)
Accounts payable	61	34
Accrued expenses and other current liabilities	51	(44)
Payments for operating lease liabilities	(32)	(14)
Other liabilities	5	0
Net cash (used in) provided by operating activities	397	(20)
Cash flows from investing activities
Purchases of property and equipment	(39)	(32)
Capitalized software and website development costs	(42)	(39)
Purchases of marketable securities	(434)	(656)
Maturities of marketable securities	504	351
Sales of marketable securities	2	201
Net cash used in acquisitions	0	(71)
Other investing activities	(1)	0
Net cash used in investing activities	(10)	(246)
Cash flows from financing activities
Proceeds from exercise of stock options	2	5
Repurchase of common stock	(392)	0
Net cash provided by (used in) financing activities	(390)	5
Foreign currency effect on cash, cash equivalents, and restricted cash	1	1
Net decrease in cash, cash equivalents, and restricted cash	(2)	(260)
Cash, cash equivalents, and restricted cash, beginning of period	2,188	2,506
Cash, cash equivalents, and restricted cash, end of period	$ 2,186	$ 2,246

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (unaudited) (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 1,833	$ 2,243
Restricted cash included in prepaid expenses and other current assets	75	0
Long-term restricted cash	278	3
Total cash, cash equivalents, and restricted cash	2,186	2,246
Non-cash investing and financing activities
Purchases of property and equipment not yet settled	27	33
Stock-based compensation included in capitalized software and website development costs	$ 35	$ 28

Organization and Description of

Organization and Description of Business	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Organization and Description of Business DoorDash, Inc. (the “Company”) is incorporated in Delaware with headquarters in San Francisco, California. The Company operates a local commerce platform that enables local businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy. The Company operates a local commerce platform that connects merchants, consumers, and Dashers. The Company's primary offerings are the DoorDash Marketplace and the Wolt Marketplace (together, the "Marketplaces"), which together operate in over 25 countries across the globe. The Marketplaces provide a suite of services that enable merchants to establish an online presence, generate demand, seamlessly transact with consumers, and fulfill orders primarily through independent contractors who use the Company’s platform to deliver orders (“Dashers”). As part of the Marketplaces, the Company also offers Pickup, which allows consumers to place advance orders, skip lines, and pick up their orders conveniently with no consumer fees, as well as DoorDash for Work, which provides merchants on the Company’s platform with large group orders and catering orders for businesses and events. The DoorDash Marketplace also includes DashPass and the Wolt Marketplace includes Wolt+. DashPass and Wolt+ are the Company’s membership products, which provide members with unlimited access to eligible merchants with zero delivery fees and reduced service fees on eligible orders. In addition to the Marketplaces, the Company offers Platform Services, which primarily includes DoorDash Drive and Wolt Drive (together, "Drive"), which are white-label delivery fulfillment services that enable merchants that have generated consumer demand through their own channels to fulfill this demand using the Company’s platform. Platform Services also includes DoorDash Storefront ("Storefront"), which enables merchants to create their own branded online ordering experience, providing them with a turnkey solution to offer consumers on-demand access to e-commerce without investing in in-house engineering or fulfillment capabilities, and Bbot, which offers merchants solutions for their in-store and online channels, including in-store digital ordering and payments.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of DoorDash, Inc., its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany balances and transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Interim results are not necessarily indicative of the results for a full year. Use of Estimates The preparation of condensed consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and goodwill, the incremental borrowing rate applied in lease accounting, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates. Significant Accounting Policies There have been no material changes to the Company's significant accounting policies from its Annual Report on Form 10-K for the year ended December 31, 2022.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregated Revenue Information All revenue recognized during the periods presented was related to the Company's core business, which is primarily comprised of the Company's Marketplaces and Platform Services. Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions): Three Months Ended March 31, 2022 2023 United States $ 1,445 $ 1,846 International 11 189 Total revenue $ 1,456 $ 2,035 Contract Liabilities The timing of revenue recognition may differ from the timing of invoicing to or collections from customers. The Company’s contract liabilities balance, which is included in accrued expenses and other current liabilities on the condensed consolidated balance sheets, is primarily comprised of unredeemed gift cards, prepayments received from consumers and merchants, certain consumer credits as well as other transactions for which the revenue is recognized over time. A summary of activities related to contract liabilities for the three months ended March 31, 2023 was as follows (in millions): Three Months Ended March 31, 2023 Beginning balance $ 251 Addition to contract liabilities 524 Reduction of contract liabilities (1)(2) (546) Ending balance $ 229 (1) Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so. (2) Included in the beginning balance of contract liabilities was $129 million associated with unearned prepayments received by the Company, of which $70 million was recognized as revenue during the three months ended March 31, 2023. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less. Deferred Contract Costs Deferred contract costs represent direct and incremental costs incurred to acquire or fulfill the Company’s contracts, consisting of sales commissions and costs related to merchant onboarding, which the Company expects to recover. Deferred contract costs are amortized on a straight-line basis over the expected period of benefit, which the Company determined by considering historical attrition rates and other factors. Deferred contract costs are recorded in prepaid expenses and other current assets and other assets on the condensed consolidated balance sheets. Amortization of deferred contract costs related to sales commissions is recognized in sales and marketing expense and amortization of deferred contract costs related to merchant onboarding is recognized in cost of revenue, exclusive of depreciation and amortization in the condensed consolidated statements of operations. A summary of activities related to deferred contract costs was as follows (in millions): Three Months Ended March 31, 2022 2023 Beginning balance $ 62 $ 100 Addition to deferred contract costs 13 17 Amortization of deferred contract costs (6) (10) Ending balance $ 69 $ 107 Deferred contract costs, current $ 27 $ 39 Deferred contract costs, non-current 42 68 Total deferred contract costs $ 69 $ 107 Allowance for Credit Losses The allowance for credit losses related to accounts receivable and changes were as follows (in millions): Three Months Ended March 31, 2022 2023 Beginning balance $ 39 $ 20 Additions to the provision for expected credit losses 2 — Write-offs charged against the allowance (4) (3) Ending balance $ 37 $ 17

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Wolt Acquisition On May 31, 2022, the Company completed the acquisition of 100 percent of the outstanding equity interests of Wolt Enterprise Oy (“Wolt”). The Company's aim is to accelerate its product development, increase its international scale, bring greater focus to its markets outside the United States, and improve the value provided to consumers, merchants, as well as Dashers around the world. The Company’s acquisition-related costs were $48 million and all costs were recorded as general and administrative expenses on the Company’s condensed consolidated statements of operations during the period in which they were incurred. The acquisition date fair value of the consideration transferred for Wolt was $2,838 million, which consisted of the following (in millions): Fair Value DoorDash Class A common stock $ 2,705 Stock-based compensation awards (DoorDash options, restricted stock units ("RSUs"), and revesting common stock) attributable to pre-combination services 133 Total consideration $ 2,838 The fair value of 36 million shares of Class A common stock issued was determined on the basis of the closing market price of the Company’s Class A common stock on the acquisition date. The Company also issued certain stock-based compensation awards and their fair value was determined using a Black-Scholes option pricing model with the applicable assumptions as of the acquisition date for options (1.7 million DoorDash options) and using the closing market price of the Company's Class A common stock on the acquisition date for RSUs (1.4 million DoorDash RSUs). For certain Wolt employees, a portion of their total consideration transferred was restricted subject to revesting over a service period, including 568 thousand shares of the Company's Class A common stock. This restricted equity consideration is considered compensation for post-combination services and will be recognized as stock-based compensation expense over the next four years, based on the fair value of the shares using the closing market price of the Company's Class A common stock on the acquisition date. The total purchase consideration of the Wolt acquisition was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The Company recorded $1,997 million of goodwill which represents the excess of the purchase price over the net assets acquired. Goodwill is primarily attributed to the assembled workforce of Wolt and anticipated synergies from the future growth and strategic advantages in the global local commerce industry. The goodwill recorded in connection with the acquisition of Wolt is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimate and assumptions, and are considered preliminary and subject to change within the measurement period, including potential adjustments to sales tax balances and other liabilities, as additional information is received. The Company expects to finalize the allocation of the purchase price as soon as practicable, but no later than one year from the acquisition date when the measurement period ends. The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): May 31, 2022 Current assets $ 272 Intangible assets 772 Goodwill 1,997 Other non-current assets 82 Current liabilities (204) Deferred tax liability, net (34) Other non-current liabilities (47) Total purchase price $ 2,838 The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years): Estimated Useful Life May 31, 2022 Merchant relationships 11 $ 236 Trademark 10 268 Existing technology 6 150 Customer relationships 3 107 Courier relationships 1 11 Total acquired intangible assets $ 772 Existing technology represents the existing online and mobile Wolt platform for restaurant and grocery delivery and pickup orders. The merchant, customer, and courier relationships represent the fair value of the underlying relationships with merchants, such as restaurants and grocery stores, users of Wolt’s food and delivery services, and courier partners. The estimated fair values of the existing technology and trademarks were determined using a relief from royalty method. The fair values of the merchant, courier and customer relationships were determined using a replacement cost method. The Company expects to amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives. Bbot Acquisition On March 1, 2022, the Company acquired Bbot, Inc., a hospitality technology company. The addition of Bbot's products and technology to the Company's platform will offer merchants more solutions for their in-store and online channels, including in-store digital ordering and payments. The acquisition was accounted for under the acquisition method of accounting. The total purchase consideration was approximately $88 million in cash, including a $9 million indemnification holdback, which was recorded in other liabilities. The total purchase consideration was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The excess of the purchase price over the net assets acquired was recorded as goodwill. Goodwill is primarily attributable to the anticipated synergies from the future growth opportunities from the adoption of Bbot’s technology by the Company’s merchants. The fair value of assets acquired and liabilities assumed are based on management’s best estimate and assumptions, including a valuation from an independent third-party valuation firm. The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): March 1, 2022 Current assets $ 11 Intangible assets 18 Goodwill 60 Other liabilities (1) Total purchase price $ 88 The intangible assets acquired consisted of existing technology and customer relationships, which had estimated remaining useful lives of 5 and 3 years as of the date of the acquisition, respectively. The acquisition was not material to the Company for the periods presented and therefore, pro forma information has not been presented.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	Goodwill and Intangible Assets, Net The changes in the carrying amount of goodwill during the three months ended months ended March 31, 2023 were as follows (in millions): Total Balance as of December 31, 2022 $ 2,370 Goodwill measurement period adjustment 3 Effects of foreign currency translation 30 Balance as of March 31, 2023 $ 2,403 Intangible assets, net consisted of the following as of December 31, 2022 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.3 $ 236 $ (88) $ 148 Merchant relationships 10.0 294 (26) 268 Courier relationships 0.4 12 (7) 5 Customer relationships 2.4 119 (30) 89 Trade name and trademarks 9.4 277 (22) 255 Balance as of December 31, 2022 $ 938 $ (173) $ 765 Intangible assets, net consisted of the following as of March 31, 2023 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.1 $ 238 $ (95) $ 143 Merchant relationships 9.8 297 (33) 264 Courier relationships 0.2 12 (10) 2 Customer relationships 2.2 121 (40) 81 Trade name and trademarks 9.1 282 (29) 253 Balance as of March 31, 2023 $ 950 $ (207) $ 743 Amortization expense associated with intangible assets was $3 million and $33 million for the three months ended March 31, 2022 and 2023, respectively. The estimated future amortization expense of intangible assets as of March 31, 2023 was as follows (in millions): Year Ending December 31, Amortization Remainder of 2023 $ 94 2024 123 2025 99 2026 81 2027 79 Thereafter 267 Total estimated future amortization expense $ 743

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets Measured at Fair Value on a Recurring Basis The following tables set forth the Company’s cash equivalents and marketable securities that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions): December 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 306 — 306 Corporate bonds — 205 — 205 U.S. government agency securities — 76 — 76 U.S. Treasury securities — 957 — 957 Long-term marketable securities Corporate bonds — 145 — 145 U.S. government agency securities — 44 — 44 U.S. Treasury securities — 208 — 208 Total $ 886 $ 1,944 $ — $ 2,830 March 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 825 $ — $ — $ 825 Commercial paper — 20 — 20 U.S. Treasury securities — 10 — 10 Short-term marketable securities Commercial paper — 283 — 283 Corporate bonds — 194 — 194 U.S. government agency securities — 170 — 170 U.S. Treasury securities — 926 — 926 Long-term marketable securities Corporate bonds — 144 — 144 U.S. government agency securities — 46 — 46 U.S. Treasury securities — 124 — 124 Total $ 825 $ 1,917 $ — $ 2,742 The fair value of the Company’s Level 1 financial instruments is based on quoted market prices for identical instruments in active markets. The fair value of the Company’s Level 2 fixed income securities is obtained from independent pricing services, which may use quoted market prices for identical or comparable instruments in less active markets or model driven valuations using observable market data or inputs corroborated by observable market data. Assets Measured at Fair Value on a Non-Recurring Basis The Company’s non-marketable equity securities accounted for using the measurement alternative are recorded at fair value on a non-recurring basis. When indicators of impairment exist or observable price changes in a same or similar security from the same issuer occur, the respective non-marketable equity security would be classified within Level 3 of the fair value hierarchy because the valuation methods include a combination of the observable transaction price at the transaction date and other unobservable inputs. The Company's investments in non-marketable equity securities were accounted for using the measurement alternative, where the Company adjusts the value of the investments based on changes in value due to observable price changes for identical or similar securities of the investee or impairment. In the three months ended March 31, 2022 and 2023, the Company did not record any material upward or downward adjustments or impairments on its non-marketable equity securities. Estimating the fair value of the Company’s investments in non-marketable equity securities requires the use of estimates and judgments. Changes in estimates and judgments could result in different estimates of fair value and future adjustments. The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2022 and March 31, 2023, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expenses), net in the condensed consolidated statements of operations during the period in which they were incurred (in millions): December 31, March 31, Initial cost basis $ 427 $ 428 Upward adjustments 9 9 Downward adjustments (including impairment) (312) (312) Total carrying value at the end of reporting period $ 124 $ 125

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2023
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	Balance Sheet Components Cash Equivalents and Marketable Securities The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and marketable securities (in millions): December 31, 2022 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 306 — — 306 Corporate bonds 207 — (2) 205 U.S. government agency securities 78 — (2) 76 U.S. Treasury securities 970 — (13) 957 Long-term marketable securities Corporate bonds 146 — (1) 145 U.S. government agency securities 44 — — 44 U.S. Treasury securities 210 — (2) 208 Total $ 2,850 $ — $ (20) $ 2,830 March 31, 2023 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 825 $ — $ — $ 825 Commercial paper 20 — — 20 U.S. Treasury securities 10 — — 10 Short-term marketable securities Commercial paper 283 — — 283 Corporate bonds 195 — (1) 194 U.S. government agency securities 171 — (1) 170 U.S. Treasury securities 934 — (8) 926 Long-term marketable securities Corporate bonds 145 — (1) 144 U.S. government agency securities 46 — — 46 U.S. Treasury securities 124 — — 124 Total $ 2,753 $ — $ (11) $ 2,742 For marketable securities with unrealized loss positions, the Company does not intend to sell these securities and it is more likely than not that the Company will hold these securities until maturity or a recovery of the cost basis. No allowance for credit losses was recorded for these securities as of December 31, 2022, and March 31, 2023. Property and Equipment, net Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 156 $ 160 Computer equipment and software 68 69 Capitalized software and website development costs 591 674 Leasehold improvements 164 179 Office equipment 52 55 Construction in progress 74 66 Total 1,105 1,203 Less: Accumulated depreciation and amortization (468) (547) Property and equipment, net $ 637 $ 656 Depreciation expenses were $27 million and $33 million for the three months ended March 31, 2022 and 2023, respectively. The Company capitalized $67 million and $83 million in capitalized software and website development costs during the three months ended March 31, 2022 and 2023, respectively. Capitalized software and website development costs are included in property and equipment, net on the condensed consolidated balance sheets. Amortization of capitalized software and website development costs was $29 million and $57 million for the three months ended March 31, 2022 and 2023, respectively. Construction in progress primarily included leasehold improvements on premises that are not ready for use and equipment for merchants that are not placed in service. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in millions): December 31, March 31, Litigation reserves $ 37 $ 40 Sales tax payable and accrued sales and indirect taxes 194 227 Accrued operations related expenses 220 230 Accrued advertising 124 138 Dasher and merchant payable 702 717 Insurance reserves 418 489 Contract liabilities 251 229 Other 386 318 Total $ 2,332 $ 2,388

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings From time to time, the Company may be a party to litigation and subject to claims incidental to its business. Although the results of litigation and claims cannot be predicted with certainty, the Company currently believes that the final outcome of these matters will not have a material adverse effect on its business. Regardless of the outcome, litigation can have an adverse impact on the Company because of judgment, defense and settlement costs, diversion of management resources, and other factors. At each reporting period, the Company evaluates whether or not a potential loss amount or a potential range of loss is probable and reasonably estimable, requiring recognition of a loss accrual, or whether the potential loss is reasonably possible, requiring potential disclosure. Legal fees are expensed as incurred. The Company has been and continues to be involved in numerous legal proceedings related to Dasher classification, and such proceedings have increased in volume since the California Supreme Court’s 2018 ruling in Dynamex Operations West, Inc. v. Superior Court (“Dynamex”). The California Legislature passed legislation (“AB 5”), that was signed into law in September 2019 and became effective on January 1, 2020. AB 5 codified the Dynamex standard regarding contractor classification, expanded its application and created numerous carve-outs, which may have an adverse effect on the Company’s business, financial condition, and results of operations, and may lead to increased legal proceedings and related expenses and may require the Company to significantly alter its existing business model and operations. Further, some jurisdictions are considering implementing standards similar to the test set forth in Dynamex to determine worker classification. The Company is currently the subject of regulatory and administrative investigations, audits, and inquiries conducted by federal, state, or local governmental agencies concerning the Company’s business practices, the classification and compensation of Dashers, the DoorDash Dasher pay model, and other matters. For example, the Company is currently under audit by the Employment Development Department, State of California (the “CA EDD”) for payroll tax liabilities. In January 2023, the CA EDD issued an assessment for certain amounts that it found to be owed by the Company on behalf of Dashers due to their being classified as independent contractors. The Company believes that Dashers are, and have been, properly classified as independent contractors. Accordingly, the Company believes that it has meritorious defenses and intends to vigorously appeal such adverse assessment. Results of audits and related governmental action are inherently unpredictable and, as such, there is always the risk of an audit having a material impact on the Company's business, financial condition, and results of operations and the determination of a final assessment amount, and any related penalties, cannot currently be predicted with certainty but a loss at this time is not probable or estimable. In June 2020, the San Francisco District Attorney filed an action in the Superior Court of California, County of San Francisco, alleging that the Company misclassified California Dashers as independent contractors as opposed to employees in violation of the California Labor Code and the California Unfair Competition Law, among other allegations. This action is seeking both restitutionary damages and a permanent injunction that would bar the Company from continuing to classify California Dashers as independent contractors. It is a reasonable possibility that a loss may be incurred; however, the possible range of losses is not estimable given the status of the case. Indemnification The Company enters into standard indemnification arrangements in the ordinary course of business. Pursuant to these arrangements, the Company indemnifies, holds harmless, and agrees to reimburse the indemnified parties for losses suffered or incurred by the indemnified party, in connection with any trade secret, copyright, patent, or other intellectual property infringement claim by any third-party with respect to its technology. The terms of these indemnification agreements are generally perpetual any time after the execution of the agreement. The maximum potential amount of future payments the Company could be required to make under these agreements is not determinable because it involves claims that may be made against the Company in the future, but have not yet been made. The Company has not incurred costs to defend lawsuits or settle claims related to these indemnification agreements. The Company has entered into or will enter into indemnification agreements with its directors and officers that may require the Company to indemnify its directors and officers against liabilities that may arise by reason of their status or service as directors or officers, other than liabilities arising from willful misconduct of the individual. No liability associated with such indemnifications was recorded as of December 31, 2022 and March 31, 2023. Revolving Credit Facility and Letters of Credit In November 2019, the Company entered into a revolving credit and guaranty agreement which provided for a $300 million unsecured revolving credit facility maturing on November 19, 2024. In August 2020, the Company amended and restated the revolving credit and guaranty agreement to provide for $100 million of incremental revolving loan commitments, effective upon consummation of the Company's initial public offering (the "IPO"), for total revolving commitments of $400 million. The amendment and restatement also extended the maturity date for the revolving credit facility from November 19, 2024 to August 7, 2025. As further amended on October 31, 2022, loans under the credit facility bear interest at the Company’s option, at (i) a base rate equal to the highest of (A) the prime rate, (B) the higher of the federal funds rate or a composite overnight bank borrowing rate plus 0.50%, or (C) an adjusted SOFR rate for a one-month interest period plus 1.00%, or (ii) an adjusted SOFR rate (based on an interest period of one, three, or six months) plus a margin equal to 1.00%. The Company is also obligated to pay other customary fees for a credit facility of this size and type, including letter of credit fees, an upfront fee, and an unused commitment fee of 0.10%. The credit agreement contains customary affirmative covenants, such as financial statement reporting requirements and restrictions on the use of proceeds, as well as customary negative covenants that restrict its ability and its subsidiaries’ ability to, among other things, incur additional indebtedness, incur liens, declare cash dividends or make certain other distributions, merge or consolidate with other companies or sell substantially all of its assets, make investments, loans and acquisitions, and engage in transactions with affiliates. As of December 31, 2022 and March 31, 2023, the Company was in compliance with the covenants under the credit agreement. As of December 31, 2022 and March 31, 2023, no amounts were drawn from the credit facility. The Company maintains letters of credit established primarily for real estate leases and insurance policies. As of December 31, 2022 and March 31, 2023, the Company had $132 million and $133 million of issued letters of credit outstanding, respectively, of which $99 million and $99 million, respectively, were issued from the revolving credit and guaranty agreement. Sales and Indirect Tax Matters The Company is under audit by various state, local, and foreign tax authorities with regard to sales and indirect tax matters. The Company records sales and indirect tax reserves when they become probable and the amount can be reasonably estimated. These reserves are included in accrued expenses and other current liabilities on the condensed consolidated balance sheets. The timing of the resolution of indirect tax examinations is highly uncertain, and the amounts ultimately paid, if any, upon resolution of the issues raised by the tax authorities may differ from the amounts accrued. It is reasonably possible that within the next twelve months the Company will receive additional assessments by various tax authorities in one or more jurisdictions. These assessments could result in changes to the Company's reserves related to positions on sales and indirect tax filings.

Common Stock

Common Stock	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Common Stock	Common Stock Stock Repurchase Program In February 2023, the Company authorized the repurchase of shares of Class A common stock, in an aggregate amount of up to $750 million. During the three months ended March 31, 2023, the Company repurchased 6.8 million shares of its Class A common stock at a weighted average price of $58.03 per share for a total amount of $392 million. The shares were retired immediately upon repurchase. Restricted Stock In 2022, the Company granted restricted stock to certain continuing employees in connection with the Wolt acquisition. Vesting of this stock is dependent on the respective employee’s continued employment at the Company during the requisite service period, which is generally up to four years from the issuance date. The fair value of the restricted stock issued to employees that is subject to post-acquisition employment is recorded as compensation expense on a straight-line basis over the requisite service period. The activities for the restricted stock issued to employees was as follows (in thousands, except per share data): Number of Weighted- Unvested restricted stock as of December 31, 2022 472 Granted — $ — Vested (47) $ 76.91 Forfeited — $ — Unvested restricted stock as of March 31, 2023 425 Stock Award Activities A summary of stock option activity under the 2014 Equity Incentive Plan, 2020 Equity Incentive Plan and 2022 Inducement Equity Incentive Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Options Outstanding Shares Weighted- Weighted- Aggregate Balance as of December 31, 2022 16,021 $ 2.84 3.48 $ 737 Granted — $ — Exercised (1,724) $ 1.12 $ 98 Cancelled and forfeited — $ — Balance as of March 31, 2023 14,297 $ 3.05 3.28 $ 865 Exercisable as of March 31, 2023 13,995 $ 3.03 3.27 $ 847 Vested and expected to vest as of March 31, 2023 14,297 $ 3.05 3.28 $ 865 The aggregate intrinsic value disclosed in the above table is based on the difference between the exercise price of the stock option and the closing stock price of the Company's Class A common stock on the New York Stock Exchange (the "NYSE") as of the respective period-end dates. The aggregate intrinsic value of stock options exercised during the three months ended March 31, 2022, and 2023 was $316 million and $98 million, respectively. There were no stock options granted during the three months ended March 31, 2022 and 2023. The summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Number of Weighted- Aggregate Unvested units as of December 31, 2022 44,805 $ 2,167 Granted 1,386 $ 58.28 Vested (12) $ 76.20 Vested and settled (3,018) $ 80.19 Forfeited (2,846) $ 91.52 Unvested units as of March 31, 2023 40,315 $ 2,562 The aggregate intrinsic value disclosed in the above table is based on the closing stock price of the Company's Class A common stock on the NYSE as of the respective period-end dates. The weighted-average fair value per share of RSUs granted during the three months ended March 31, 2022 and 2023 was $104.15 and $58.28, respectively. Stock-Based Compensation Expense The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions): Three Months Ended March 31, 2022 2023 Cost of revenue, exclusive of depreciation and amortization $ 12 $ 24 Sales and marketing 14 24 Research and development 55 98 General and administrative 48 84 Total stock-based compensation expense $ 129 $ 230 As of March 31, 2023, there was $10 million of unrecognized stock-based compensation expense related to unvested stock options, which is expected to be recognized over a weighted-average period of 2.66 years. In November 2020, the Company’s board of directors approved the grant of 10,379,000 RSUs to the Company's Chief Executive Officer (the “CEO Performance Award”). The CEO Performance Award vests upon the satisfaction of a service condition and achievement of certain stock price goals. As of March 31, 2023, unrecognized stock-based compensation expense related to the CEO Performance Award was $150 million, which is expected to be recognized over a period of 2.07 years.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate and, if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment to tax expense or benefit in the period. The Company recorded zero and $17 million of provision for income taxes for the three months ended March 31, 2022 and 2023, respectively. The Company regularly assesses the realizability of its deferred tax assets and establishes a valuation allowance if it is more-likely-than-not that some, or all, of its deferred tax assets will not be realized in the future. The Company evaluates and weighs all available evidence, both positive and negative, including its historic operating results, future reversals of existing deferred tax liabilities, as well as projected future taxable income. The Company will continue to regularly assess the realizability of its deferred tax assets. Changes in earnings performance and future earnings projections, among other factors, may cause the Company to adjust the valuation allowance on deferred tax assets, which could materially impact the income tax expense in the period the Company determines that these factors have changed. As of March 31, 2023, the Company maintains a full valuation allowance on its deferred tax assets except for certain foreign jurisdictions. As of March 31, 2023, the Company had $75 million of unrecognized tax benefits, if recognized, the majority of which would result in adjustments to the valuation allowance. The Company is subject to income tax audits in the United States and foreign jurisdictions. The Company recorded liabilities related to uncertain tax positions and believes that the Company has provided adequate reserves for income tax uncertainties in all open tax years. To the extent the Company has tax attribute carryforwards, the tax years in which the attribute was generated may still be adjusted upon examination by the federal, state, or foreign tax authorities to the extent utilized in a future period.

Net Loss per Share Attributable

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders	Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders The Company computes net loss per share attributable to DoorDash, Inc. common stockholders using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock and Class B common stock are identical, other than voting rights. Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net losses. The following table sets forth the calculation of basic and diluted net loss per share attributable to DoorDash, Inc. common stockholders during the periods presented. RSUs that vested but have not been settled are included in the denominator in calculating net loss per share for the three months ended March 31, 2023 (in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2022 2023 Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (152) $ (15) $ (150) $ (12) Less: Net loss attributable to redeemable non-controlling interests — — (1) — Net loss attributable to DoorDash, Inc. common stockholders $ (152) $ (15) $ (149) $ (12) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 318,086 31,133 362,406 27,991 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (0.48) $ (0.48) $ (0.41) $ (0.41) The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands): As of March 31, 2022 2023 Stock options to purchase common stock 16,425 14,297 Unvested restricted stock and restricted stock units 27,422 40,635 Escrow shares — 2,012 Total 43,847 56,944

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring On November 30, 2022, the Company committed to a reduction in workforce (the “Plan”) intended to better align the Company’s talent with its strategic priorities and to improve operating efficiency. The Plan included the elimination of approximately 1,250 positions across the Company, or approximately 7% of the Company’s current employee workforce at such time. During the three months ended March 31, 2023, the Company recognized an additional $2 million in connection with the Plan, primarily consisting of separation-related payments and other termination benefit costs. These expenses are included in restructuring charges in the Company’s condensed consolidated statements of operations. During the three months ended March 31, 2023, the Company made cash payments amounting to $49 million in connection with the Plan. As of March 31, 2023, the liabilities related to the Plan were immaterial. The Company expects that cash payments and expenses related to the Plan will be completed by the end of the second quarter of 2023.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsIn April 2023, the Company repurchased an additional 1.7 million shares of its Class A common stock at a weighted average price of $61.68 per share for a total amount of $108 million. The shares were retired immediately upon repurchase.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of DoorDash, Inc., its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany balances and transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022. Interim results are not necessarily indicative of the results for a full year.
Use of Estimates	Use of EstimatesThe preparation of condensed consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and goodwill, the incremental borrowing rate applied in lease accounting, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates.
Contract Liabilities	Contract LiabilitiesThe timing of revenue recognition may differ from the timing of invoicing to or collections from customers. The Company’s contract liabilities balance, which is included in accrued expenses and other current liabilities on the condensed consolidated balance sheets, is primarily comprised of unredeemed gift cards, prepayments received from consumers and merchants, certain consumer credits as well as other transactions for which the revenue is recognized over time. Deferred Contract Costs Deferred contract costs represent direct and incremental costs incurred to acquire or fulfill the Company’s contracts, consisting of sales commissions and costs related to merchant onboarding, which the Company expects to recover. Deferred contract costs are amortized on a straight-line basis over the expected period of benefit, which the Company determined by considering historical attrition rates and other factors. Deferred contract costs are recorded in prepaid expenses and other current assets and other assets on the condensed consolidated balance sheets. Amortization of deferred contract costs related to sales commissions is recognized in sales and marketing expense and amortization of deferred contract costs related to merchant onboarding is recognized in cost of revenue, exclusive of depreciation and
Fair Value	The fair value of the Company’s Level 1 financial instruments is based on quoted market prices for identical instruments in active markets. The fair value of the Company’s Level 2 fixed income securities is obtained from independent pricing services, which may use quoted market prices for identical or comparable instruments in less active markets or model driven valuations using observable market data or inputs corroborated by observable market data.

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions): Three Months Ended March 31, 2022 2023 United States $ 1,445 $ 1,846 International 11 189 Total revenue $ 1,456 $ 2,035
Contract Liabilities	A summary of activities related to contract liabilities for the three months ended March 31, 2023 was as follows (in millions): Three Months Ended March 31, 2023 Beginning balance $ 251 Addition to contract liabilities 524 Reduction of contract liabilities (1)(2) (546) Ending balance $ 229 (1) Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so. (2) Included in the beginning balance of contract liabilities was $129 million associated with unearned prepayments received by the Company, of which $70 million was recognized as revenue during the three months ended March 31, 2023. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less.
Deferred Contract Costs	A summary of activities related to deferred contract costs was as follows (in millions): Three Months Ended March 31, 2022 2023 Beginning balance $ 62 $ 100 Addition to deferred contract costs 13 17 Amortization of deferred contract costs (6) (10) Ending balance $ 69 $ 107 Deferred contract costs, current $ 27 $ 39 Deferred contract costs, non-current 42 68 Total deferred contract costs $ 69 $ 107
Allowance for Credit Losses	The allowance for credit losses related to accounts receivable and changes were as follows (in millions): Three Months Ended March 31, 2022 2023 Beginning balance $ 39 $ 20 Additions to the provision for expected credit losses 2 — Write-offs charged against the allowance (4) (3) Ending balance $ 37 $ 17

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The acquisition date fair value of the consideration transferred for Wolt was $2,838 million, which consisted of the following (in millions): Fair Value DoorDash Class A common stock $ 2,705 Stock-based compensation awards (DoorDash options, restricted stock units ("RSUs"), and revesting common stock) attributable to pre-combination services 133 Total consideration $ 2,838
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): May 31, 2022 Current assets $ 272 Intangible assets 772 Goodwill 1,997 Other non-current assets 82 Current liabilities (204) Deferred tax liability, net (34) Other non-current liabilities (47) Total purchase price $ 2,838 The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): March 1, 2022 Current assets $ 11 Intangible assets 18 Goodwill 60 Other liabilities (1) Total purchase price $ 88
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years): Estimated Useful Life May 31, 2022 Merchant relationships 11 $ 236 Trademark 10 268 Existing technology 6 150 Customer relationships 3 107 Courier relationships 1 11 Total acquired intangible assets $ 772

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill during the three months ended months ended March 31, 2023 were as follows (in millions): Total Balance as of December 31, 2022 $ 2,370 Goodwill measurement period adjustment 3 Effects of foreign currency translation 30 Balance as of March 31, 2023 $ 2,403
Schedule of Intangible Assets	Intangible assets, net consisted of the following as of December 31, 2022 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.3 $ 236 $ (88) $ 148 Merchant relationships 10.0 294 (26) 268 Courier relationships 0.4 12 (7) 5 Customer relationships 2.4 119 (30) 89 Trade name and trademarks 9.4 277 (22) 255 Balance as of December 31, 2022 $ 938 $ (173) $ 765 Intangible assets, net consisted of the following as of March 31, 2023 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.1 $ 238 $ (95) $ 143 Merchant relationships 9.8 297 (33) 264 Courier relationships 0.2 12 (10) 2 Customer relationships 2.2 121 (40) 81 Trade name and trademarks 9.1 282 (29) 253 Balance as of March 31, 2023 $ 950 $ (207) $ 743
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated future amortization expense of intangible assets as of March 31, 2023 was as follows (in millions): Year Ending December 31, Amortization Remainder of 2023 $ 94 2024 123 2025 99 2026 81 2027 79 Thereafter 267 Total estimated future amortization expense $ 743

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following tables set forth the Company’s cash equivalents and marketable securities that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions): December 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 306 — 306 Corporate bonds — 205 — 205 U.S. government agency securities — 76 — 76 U.S. Treasury securities — 957 — 957 Long-term marketable securities Corporate bonds — 145 — 145 U.S. government agency securities — 44 — 44 U.S. Treasury securities — 208 — 208 Total $ 886 $ 1,944 $ — $ 2,830 March 31, 2023 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 825 $ — $ — $ 825 Commercial paper — 20 — 20 U.S. Treasury securities — 10 — 10 Short-term marketable securities Commercial paper — 283 — 283 Corporate bonds — 194 — 194 U.S. government agency securities — 170 — 170 U.S. Treasury securities — 926 — 926 Long-term marketable securities Corporate bonds — 144 — 144 U.S. government agency securities — 46 — 46 U.S. Treasury securities — 124 — 124 Total $ 825 $ 1,917 $ — $ 2,742
Schedule of Other Nonoperating Income (Expense)	The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2022 and March 31, 2023, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expenses), net in the condensed consolidated statements of operations during the period in which they were incurred (in millions): December 31, March 31, Initial cost basis $ 427 $ 428 Upward adjustments 9 9 Downward adjustments (including impairment) (312) (312) Total carrying value at the end of reporting period $ 124 $ 125

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2023
Balance Sheet Related Disclosures [Abstract]
Cash Equivalents and Marketable Securities	The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and marketable securities (in millions): December 31, 2022 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 306 — — 306 Corporate bonds 207 — (2) 205 U.S. government agency securities 78 — (2) 76 U.S. Treasury securities 970 — (13) 957 Long-term marketable securities Corporate bonds 146 — (1) 145 U.S. government agency securities 44 — — 44 U.S. Treasury securities 210 — (2) 208 Total $ 2,850 $ — $ (20) $ 2,830 March 31, 2023 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 825 $ — $ — $ 825 Commercial paper 20 — — 20 U.S. Treasury securities 10 — — 10 Short-term marketable securities Commercial paper 283 — — 283 Corporate bonds 195 — (1) 194 U.S. government agency securities 171 — (1) 170 U.S. Treasury securities 934 — (8) 926 Long-term marketable securities Corporate bonds 145 — (1) 144 U.S. government agency securities 46 — — 46 U.S. Treasury securities 124 — — 124 Total $ 2,753 $ — $ (11) $ 2,742
Schedule of Property and Equipment, net	Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 156 $ 160 Computer equipment and software 68 69 Capitalized software and website development costs 591 674 Leasehold improvements 164 179 Office equipment 52 55 Construction in progress 74 66 Total 1,105 1,203 Less: Accumulated depreciation and amortization (468) (547) Property and equipment, net $ 637 $ 656
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in millions): December 31, March 31, Litigation reserves $ 37 $ 40 Sales tax payable and accrued sales and indirect taxes 194 227 Accrued operations related expenses 220 230 Accrued advertising 124 138 Dasher and merchant payable 702 717 Insurance reserves 418 489 Contract liabilities 251 229 Other 386 318 Total $ 2,332 $ 2,388

Common Stock (Tables)

Common Stock (Tables)	3 Months Ended
	Mar. 31, 2023
Equity [Abstract]
Activities for the Restricted Stock Issued to Employees	The activities for the restricted stock issued to employees was as follows (in thousands, except per share data): Number of Weighted- Unvested restricted stock as of December 31, 2022 472 Granted — $ — Vested (47) $ 76.91 Forfeited — $ — Unvested restricted stock as of March 31, 2023 425
Schedule of Activity under the 2014 and 2020 Plans	tock option activity under the 2014 Equity Incentive Plan, 2020 Equity Incentive Plan and 2022 Inducement Equity Incentive Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Options Outstanding Shares Weighted- Weighted- Aggregate Balance as of December 31, 2022 16,021 $ 2.84 3.48 $ 737 Granted — $ — Exercised (1,724) $ 1.12 $ 98 Cancelled and forfeited — $ — Balance as of March 31, 2023 14,297 $ 3.05 3.28 $ 865 Exercisable as of March 31, 2023 13,995 $ 3.03 3.27 $ 847 Vested and expected to vest as of March 31, 2023 14,297 $ 3.05 3.28 $ 865
Summary of RSU Activity	The summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Number of Weighted- Aggregate Unvested units as of December 31, 2022 44,805 $ 2,167 Granted 1,386 $ 58.28 Vested (12) $ 76.20 Vested and settled (3,018) $ 80.19 Forfeited (2,846) $ 91.52 Unvested units as of March 31, 2023 40,315 $ 2,562
Schedule of Stock-based compensation Expense	The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions): Three Months Ended March 31, 2022 2023 Cost of revenue, exclusive of depreciation and amortization $ 12 $ 24 Sales and marketing 14 24 Research and development 55 98 General and administrative 48 84 Total stock-based compensation expense $ 129 $ 230

Net Loss per Share Attributab_2

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the calculation of basic and diluted net loss per share attributable to DoorDash, Inc. common stockholders during the periods presented. RSUs that vested but have not been settled are included in the denominator in calculating net loss per share for the three months ended March 31, 2023 (in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2022 2023 Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (152) $ (15) $ (150) $ (12) Less: Net loss attributable to redeemable non-controlling interests — — (1) — Net loss attributable to DoorDash, Inc. common stockholders $ (152) $ (15) $ (149) $ (12) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 318,086 31,133 362,406 27,991 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (0.48) $ (0.48) $ (0.41) $ (0.41)
Schedule of Antidilutive Securities	The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands): As of March 31, 2022 2023 Stock options to purchase common stock 16,425 14,297 Unvested restricted stock and restricted stock units 27,422 40,635 Escrow shares — 2,012 Total 43,847 56,944

Organization and Description _2

Organization and Description of Business - Narrative (Details)	3 Months Ended
	Mar. 31, 2023 country
Wolf Marketplace
Franchisor Disclosure [Line Items]
Number of operating countries	25

Revenue - Disaggregated Revenue

Revenue - Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total revenue	$ 2,035	$ 1,456
United States
Disaggregation of Revenue [Line Items]
Total revenue	1,846	1,445
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 189	$ 11

Revenue - Contract Liabilities

Revenue - Contract Liabilities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Contract Liabilities [Roll Forward]
Beginning balance	$ 251
Addition to contract liabilities	524
Reduction of contract liabilities	(546)
Ending balance	229
Unearned prepayments received	129
Revenue recognized	$ 70

Revenue - Rollforward of Deferr

Revenue - Rollforward of Deferred Contract Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Capitalized Contract Cost [Roll Forward]
Beginning balance	$ 100	$ 62
Addition to deferred contract costs	17	13
Amortization of deferred contract costs	(10)	(6)
Ending balance	$ 107	$ 69

Revenue - Deferred Contract Cos

Revenue - Deferred Contract Costs (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Deferred contract costs, current	$ 39		$ 27
Deferred contract costs, non-current	68		42
Total deferred contract costs	$ 107	$ 100	$ 69	$ 62

Revenue - Allowance for Credit

Revenue - Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 20	$ 39
Additions to the provision for expected credit losses	0	2
Write-offs charged against the allowance	(3)	(4)
Ending balance	$ 17	$ 37

Acquisitions - Wolt Acquisition

Acquisitions - Wolt Acquisition Narrative (Details) - USD ($) shares in Thousands, $ in Millions		3 Months Ended
	May 31, 2022	Mar. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Assumed via acquisition (in shares)	1,700
Restricted equity interests (in shares)	568
Goodwill		$ 2,403	$ 2,370
Restricted Stock Units (RSUs)
Business Acquisition [Line Items]
Assumed via acquisition (in shares)	1,400
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 9 months 29 days
Wolt Enterprises OY
Business Acquisition [Line Items]
Interests acquired	100%
Acquisition-related costs	$ 48
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition	4 years
Goodwill	$ 1,997
Wolt Enterprises OY | Class A Common Stock
Business Acquisition [Line Items]
Fair value of shares issued (in shares)	36,000

Acquisitions - Fair Value of Co

Acquisitions - Fair Value of Consideration (Details) - Wolt Enterprises OY $ in Millions	May 31, 2022 USD ($)
Business Acquisition [Line Items]
Total consideration	$ 2,838
Class A Common Stock
Business Acquisition [Line Items]
DoorDash class a common stock / Stock based compensation awards	2,705
Options, RSUs and Revesting Common Stock
Business Acquisition [Line Items]
DoorDash class a common stock / Stock based compensation awards	$ 133

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	May 31, 2022	Mar. 01, 2022
Business Acquisition [Line Items]
Goodwill	$ 2,403	$ 2,370
Total purchase price			$ 2,838
Wolt Enterprises OY
Business Acquisition [Line Items]
Current assets			272
Intangible assets			772
Goodwill			1,997
Other non-current assets			82
Current liabilities			(204)
Deferred tax liability, net			(34)
Other liabilities			$ (47)
Bbot
Business Acquisition [Line Items]
Current assets				$ 11
Intangible assets				18
Goodwill				60
Other liabilities				(1)
Total purchase price				$ 88

Acquisitions - Identifiable Int

Acquisitions - Identifiable Intangible Assets Acquired (Details) - Wolt Enterprises OY $ in Millions	May 31, 2022 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 772
Merchant relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	11 years
Intangible assets	$ 236
Trademark
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	10 years
Intangible assets	$ 268
Existing technology
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	6 years
Intangible assets	$ 150
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	3 years
Intangible assets	$ 107
Courier relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	1 year
Intangible assets	$ 11

Acquisitions - Bbot Acquisition

Acquisitions - Bbot Acquisition Narrative (Details) - Bbot $ in Millions	Mar. 01, 2022 USD ($)
Business Acquisition [Line Items]
Total consideration	$ 88
Consideration recorded in accrued expenses and other current liabilities	$ 9
Existing technology
Business Acquisition [Line Items]
Estimated Useful Life	5 years
Customer relationships
Business Acquisition [Line Items]
Estimated Useful Life	3 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Goodwill (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Goodwill [Roll Forward]
Beginning Balance	$ 2,370
Goodwill measurement period adjustment	3
Effects of foreign currency translation	30
Ending Balance	$ 2,403

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 950		$ 938
Accumulated Amortization	(207)		(173)
Net carrying value / total estimated amortization expense	743		$ 765
Amortization of intangible assets	$ 33	$ 3
Existing technology
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	5 years 1 month 6 days		5 years 3 months 18 days
Gross Carrying Value	$ 238		$ 236
Accumulated Amortization	(95)		(88)
Net carrying value / total estimated amortization expense	$ 143		$ 148
Merchant relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	9 years 9 months 18 days		10 years
Gross Carrying Value	$ 297		$ 294
Accumulated Amortization	(33)		(26)
Net carrying value / total estimated amortization expense	$ 264		$ 268
Courier relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	2 months 12 days		4 months 24 days
Gross Carrying Value	$ 12		$ 12
Accumulated Amortization	(10)		(7)
Net carrying value / total estimated amortization expense	$ 2		$ 5
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	2 years 2 months 12 days		2 years 4 months 24 days
Gross Carrying Value	$ 121		$ 119
Accumulated Amortization	(40)		(30)
Net carrying value / total estimated amortization expense	$ 81		$ 89
Trade name and trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	9 years 1 month 6 days		9 years 4 months 24 days
Gross Carrying Value	$ 282		$ 277
Accumulated Amortization	(29)		(22)
Net carrying value / total estimated amortization expense	$ 253		$ 255

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2023	$ 94
2024	123
2025	99
2026	81
2027	79
Thereafter	267
Net carrying value / total estimated amortization expense	$ 743	$ 765

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	$ 1,573	$ 1,544
Long-term marketable securities	314	397
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	20	3
Short-term marketable securities	283	306
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	194	205
Long-term marketable securities	144	145
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	170	76
Long-term marketable securities	46	44
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	10
Short-term marketable securities	926	957
Long-term marketable securities	124	208
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	2,742	2,830
Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	825	886
Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	20
Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	10
Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		3
Short-term marketable securities	283	306
Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	194	205
Long-term marketable securities	144	145
Fair Value, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	170	76
Long-term marketable securities	46	44
Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	926	957
Long-term marketable securities	124	208
Level 1 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	825	886
Level 1 | Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	825	886
Level 1 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
Level 1 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
Level 1 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Short-term marketable securities	0	0
Level 1 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 1 | Fair Value, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 1 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 2 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	1,917	1,944
Level 2 | Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Level 2 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	20
Level 2 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	10
Level 2 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		3
Short-term marketable securities	283	306
Level 2 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	194	205
Long-term marketable securities	144	145
Level 2 | Fair Value, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	170	76
Long-term marketable securities	46	44
Level 2 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	926	957
Long-term marketable securities	124	208
Level 3 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets	0	0
Level 3 | Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Level 3 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
Level 3 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0
Level 3 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents		0
Short-term marketable securities	0	0
Level 3 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 3 | Fair Value, Recurring | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	0	0
Level 3 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Long-term marketable securities	$ 0	$ 0

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Value of our Non-Marketable Equity Securities (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Initial cost basis	$ 428	$ 427
Upward adjustments	9	9
Downward adjustments (including impairment)	(312)	(312)
Total carrying value at the end of reporting period	$ 125	$ 124

Balance Sheet Components - Cash

Balance Sheet Components - Cash Equivalents and Marketable Securities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Cash equivalents
Cash equivalents, cost or amortized cost	$ 1,833,000,000	$ 1,977,000,000	$ 2,243,000,000
Short-term marketable securities
Short-term marketable securities, estimated fair value	1,573,000,000	1,544,000,000
Long-term marketable securities
Long-term marketable securities, estimated fair value	314,000,000	397,000,000
Total	2,753,000,000	2,850,000,000
Total, unrealized gains	0	0
Total, unrealized losses	(11,000,000)	(20,000,000)
Total, estimated fair value	2,742,000,000	2,830,000,000
Allowance for credit losses	0	0
Money market funds
Cash equivalents
Cash equivalents, cost or amortized cost	825,000,000	886,000,000
Cash equivalents, unrealized gain	0	0
Cash equivalents paper, unrealized loss	0	0
Cash equivalents, estimated fair value	825,000,000	886,000,000
Commercial paper
Cash equivalents
Cash equivalents, cost or amortized cost	20,000,000	3,000,000
Cash equivalents, unrealized gain	0	0
Cash equivalents paper, unrealized loss	0	0
Cash equivalents, estimated fair value	20,000,000	3,000,000
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	283,000,000	306,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	283,000,000	306,000,000
Corporate bonds
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	195,000,000	207,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(1,000,000)	(2,000,000)
Short-term marketable securities, estimated fair value	194,000,000	205,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	145,000,000	146,000,000
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	(1,000,000)	(1,000,000)
Long-term marketable securities, estimated fair value	144,000,000	145,000,000
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	171,000,000	78,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(1,000,000)	(2,000,000)
Short-term marketable securities, estimated fair value	170,000,000	76,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	46,000,000	44,000,000
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	0	0
Long-term marketable securities, estimated fair value	46,000,000	44,000,000
U.S. Treasury securities
Cash equivalents
Cash equivalents, cost or amortized cost	10,000,000
Cash equivalents, unrealized gain	0
Cash equivalents paper, unrealized loss	0
Cash equivalents, estimated fair value	10,000,000
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	934,000,000	970,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(8,000,000)	(13,000,000)
Short-term marketable securities, estimated fair value	926,000,000	957,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	124,000,000	210,000,000
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	0	(2,000,000)
Long-term marketable securities, estimated fair value	$ 124,000,000	$ 208,000,000

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total	$ 1,203		$ 1,105
Less: Accumulated depreciation and amortization	(547)		(468)
Property and equipment, net	656		637
Depreciation expense	33	$ 27
Capitalized software and website development costs	83	67
Amortization of capitalized software and website development costs	57	$ 29
Equipment for merchants
Property, Plant and Equipment [Line Items]
Total	69		68
Computer equipment and software
Property, Plant and Equipment [Line Items]
Total	160		156
Capitalized software and website development costs
Property, Plant and Equipment [Line Items]
Total	674		591
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total	179		164
Office equipment
Property, Plant and Equipment [Line Items]
Total	66		74
Construction in progress
Property, Plant and Equipment [Line Items]
Total	$ 55		$ 52

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Litigation reserves	$ 40	$ 37
Sales tax payable and accrued sales and indirect taxes	227	194
Accrued operations related expenses	230	220
Accrued advertising	138	124
Dasher and merchant payable	717	702
Insurance reserves	489	418
Contract liabilities	229	251
Other	318	386
Total	$ 2,388	$ 2,332

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Indemnification liability	$ 0	$ 0

Commitment and Contingencies -

Commitment and Contingencies - Credit Agreements (Details) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2019	Mar. 31, 2023	Dec. 31, 2022	Aug. 31, 2020
Line of Credit Facility [Line Items]
Letters of credit outstanding		$ 133,000,000	$ 132,000,000
Unsecured Revolving Credit Facility Maturing November 19, 2024 | Higher of Federal Funds Rate or Composite Overnight Bank Borrowing Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	0.50%
Unsecured Revolving Credit Facility Maturing November 19, 2024 | Adjusted One-month LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%
Unsecured Revolving Credit Facility Maturing November 19, 2024 | Adjusted LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%
Revolving Credit Facility | Unsecured Revolving Credit Facility Maturing November 19, 2024
Line of Credit Facility [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 300,000,000
Unused commitment fee (percent)	0.10%
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025
Line of Credit Facility [Line Items]
Revolving credit facility, maximum borrowing capacity				$ 400,000,000
Incremental revolving loan commitments				$ 100,000,000
Drawn from the revolving credit facility		0	0
Letters of credit outstanding		$ 99,000,000	$ 99,000,000

Common Stock - Additional Infor

Common Stock - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Feb. 28, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount	$ 392		$ 750
Repurchase and retirement of stock (shares)	6,800,000
Cost of treasury stock (in dollars per share)	$ 58.03
Options exercised, aggregate intrinsic value	$ 98	$ 316
Options granted (in shares)	0	0
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted and assumed in period (in dollars per share)	$ 58.28	$ 104.15
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Derived service period of award	4 years

Common Stock - Restricted Stock

Common Stock - Restricted Stock (Details) - Restricted Stock shares in Thousands	3 Months Ended
	Mar. 31, 2023 $ / shares shares
Number of Shares
Unvested units, beginning balance (in shares)	472
Granted (in shares)	0
Vested (in shares)	(47)
Forfeited (in shares)	0
Unvested units, ending balance (in shares)	425
Weighted- Average Grant Date Fair Value Per Share
Granted (in dollars per share) | $ / shares	$ 0
Vested (in dollars per share) | $ / shares	76.91
Forfeited (in dollars per share) | $ / shares	$ 0

Common Stock - Options Outstand

Common Stock - Options Outstanding (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Shares subject to Options Outstanding
Shares subject to options outstanding, beginning balance (in shares)	16,021,000
Options granted (in shares)	0	0
Options exercised (in shares)	(1,724,000)
Options forfeited (in shares)	0
Shares subject to options outstanding, ending balance (in shares)	14,297,000		16,021,000
Exercisable (in shares)	13,995,000
Vested and expected to vest (in shares)	14,297,000
Weighted- Average Exercise Price Per Share
Shares subject to options outstanding, weighted-average exercise price (in dollars per share)	$ 3.05		$ 2.84
Options granted (in dollars per share)	0
Options exercised (in dollars per share)	1.12
Options forfeited (in dollars per share)	0
Exercisable (in dollars per share)	3.03
Vested and expected to vest (in dollars per share)	$ 3.05
Weighted- Average Remaining Contractual Term (in years)
Options outstanding, weighted-average remaining contractual term (in years)	3 years 3 months 10 days		3 years 5 months 23 days
Exercisable, weighted-average remaining contractual term (in years)	3 years 3 months 7 days
Vested and expected to vest, weighted-average remaining contractual term (in years)	3 years 3 months 10 days
Aggregate Intrinsic Value
Options outstanding, aggregate intrinsic value	$ 865		$ 737
Options exercised, aggregate intrinsic value	98	$ 316
Exercisable, aggregate intrinsic value	847
Vested and expected to vest, aggregate intrinsic value	$ 865

Common Stock - Restricted Sto_2

Common Stock - Restricted Stock unit Activity (Details) - Restricted Stock Units (RSUs) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Number of Shares
Unvested units, beginning balance (in shares)	44,805
Granted (in shares)	1,386
Vested (in shares)	(12)
Vested and settled (in shares)	(3,018)
Restricted stock units forfeited (in shares)	(2,846)
Unvested units, ending balance (in shares)	40,315
Weighted- Average Grant Date Fair Value Per Share
Granted (in dollars per share)	$ 58.28
Vested (in dollars per share)	76.20
Vested and settled (in dollars per share)	80.19
Forfeited (in dollars per share)	$ 91.52
Aggregate Intrinsic Value
Aggregate intrinsic value	$ 2,562	$ 2,167

Common Stock - Stock-based Comp

Common Stock - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended
	Nov. 30, 2020	Mar. 31, 2023	Mar. 31, 2022
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 230	$ 129
Stock options to purchase common stock
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 10
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 7 months 28 days
CEO Performance Award | Chief Executive Officer | 2014 Equity Incentive Plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 150
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 25 days
Granted (in shares)	10,379,000
Restricted Stock Units (RSUs)
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 2,200
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 9 months 29 days
Granted (in shares)		1,386,000
Cost of revenue, exclusive of depreciation and amortization
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 24	12
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		24	14
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		98	55
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 84	$ 48

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 17	$ 0
Unrecognized tax benefits that, if recognized, would result in adjustments to the valuation allowance	$ 75

Net Loss per Share Attributab_3

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (162)	$ (167)
Less: net loss attributable to redeemable non-controlling interests	(1)	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (161)	$ (167)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	390,397	349,219
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	390,397	349,219
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.41)	$ (0.48)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.41)	$ (0.48)
Common Stock | Class A Common Stock
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (150)	$ (152)
Less: net loss attributable to redeemable non-controlling interests	(1)	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (149)	$ (152)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	362,406	318,086
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	362,406	318,086
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.41)	$ (0.48)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.41)	$ (0.48)
Common Stock | Class B Common Stock
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (12)	$ (15)
Less: net loss attributable to redeemable non-controlling interests	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (12)	$ (15)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	27,991	31,133
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	27,991	31,133
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.41)	$ (0.48)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.41)	$ (0.48)

Net Loss per Share Attributab_4

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	56,944	43,847
Stock options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	14,297	16,425
Unvested restricted stock and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	40,635	27,422
Escrow shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	2,012	0

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - 2022 Restructuring Plan $ in Millions		3 Months Ended
	Nov. 30, 2022 position	Mar. 31, 2023 USD ($)
Reclassification [Line Items]
Number of positions eliminated | position	1,250
Percent of positions eliminated	7%
Severance costs		$ 2
Other restructuring costs		$ 49

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	1 Months Ended	3 Months Ended
	Apr. 30, 2023	Mar. 31, 2023	Feb. 28, 2023
Subsequent Event [Line Items]
Repurchase and retirement of stock (shares)		6.8
Cost of treasury stock (in dollars per share)		$ 58.03
Stock repurchase program, authorized amount		$ 392	$ 750
Subsequent Event
Subsequent Event [Line Items]
Repurchase and retirement of stock (shares)	1.7
Cost of treasury stock (in dollars per share)	$ 61.68
Stock repurchase program, authorized amount	$ 108