DoorDash (DASH) 10-Q 1 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	Apr. 26, 2024
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
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	NASDAQ
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	2024
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		381,687,286
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		27,227,135
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, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 3,124	$ 2,656
Short-term marketable securities	1,366	1,422
Funds held at payment processors	394	356
Accounts receivable, net	546	533
Prepaid expenses and other current assets	700	630
Total current assets	6,130	5,597
Long-term restricted cash	12	11
Long-term marketable securities	646	583
Operating lease right-of-use assets	448	436
Property and equipment, net	705	712
Intangible assets, net	621	659
Goodwill	2,386	2,432
Non-marketable equity securities	46	46
Other assets	456	363
Total assets	11,450	10,839
Current liabilities:
Accounts payable	203	216
Operating lease liabilities	64	68
Accrued expenses and other current liabilities	3,476	3,126
Total current liabilities	3,743	3,410
Operating lease liabilities	483	454
Other liabilities	214	162
Total liabilities	4,440	4,026
Commitments and contingencies (Note 7)
Redeemable non-controlling interests	11	7
Stockholders’ equity:
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding	0	0
Additional paid-in capital	12,177	11,887
Accumulated other comprehensive income (loss)	(1)	73
Accumulated deficit	(5,177)	(5,154)
Total stockholders’ equity	6,999	6,806
Total liabilities, redeemable non-controlling interests and stockholders’ equity	$ 11,450	$ 10,839

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
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)	381,270,000	375,987,000
Common stock, outstanding (shares)	381,270,000	375,987,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	200,000,000	200,000,000
Common stock, issued (shares)	27,242,000	27,241,000
Common stock, outstanding (shares)	27,242,000	27,241,000
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, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 2,513	$ 2,035
Costs and expenses:
Cost of revenue, exclusive of depreciation and amortization shown separately below	1,330	1,069
Sales and marketing	504	496
Research and development	279	231
General and administrative	319	285
Depreciation and amortization	142	123
Restructuring charges	0	2
Total costs and expenses	2,574	2,206
Loss from operations	(61)	(171)
Interest income, net	45	27
Other expense, net	(2)	(1)
Loss before income taxes	(18)	(145)
Provision for income taxes	7	17
Net loss including redeemable non-controlling interests	(25)	(162)
Less: net loss attributable to redeemable non-controlling interests	(2)	(1)
Net loss attributable to DoorDash, Inc. common stockholders	$ (23)	$ (161)
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.06)	$ (0.41)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.06)	$ (0.41)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	405,482	390,397
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	405,482	390,397

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net loss including redeemable non-controlling interests	$ (25)	$ (162)
Other comprehensive income (loss), net of tax:
Change in foreign currency translation adjustments	(70)	42
Change in unrealized gains and losses on marketable securities	(4)	9
Total other comprehensive income (loss)	(74)	51
Comprehensive loss including redeemable non-controlling interests	(99)	(111)
Less: Comprehensive loss attributable to redeemable non-controlling interests	(2)	(1)
Comprehensive loss attributable to DoorDash, Inc. common stockholders	$ (97)	$ (110)

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 balance at Dec. 31, 2022	$ 14
Increase (Decrease) in Temporary Equity [Roll Forward]
Net loss		$ (1)
Redeemable non-controlling interests, ending balance at Mar. 31, 2023	13
Beginning balance (shares) at Dec. 31, 2022			391,471
Beginning balance 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 restricted stock units (shares)			3,322
Issuance of common stock upon exercise of stock options (shares)			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)			(6,761)
Repurchase and retirement of common stock	(393)				(393)
Net loss	(161)				(161)
Ending balance (shares) at Mar. 31, 2023			389,756
Ending balance at Mar. 31, 2023	6,518		$ 0	10,900	(4,400)	18
Redeemable non-controlling interests, beginning balance at Dec. 31, 2023	7
Increase (Decrease) in Temporary Equity [Roll Forward]
Recognition of redeemable non-controlling interest upon additional capital investment	6
Net loss		$ (2)
Redeemable non-controlling interests, ending balance at Mar. 31, 2024	11
Beginning balance (shares) at Dec. 31, 2023			403,228
Beginning balance at Dec. 31, 2023	$ 6,806		$ 0	11,887	(5,154)	73
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of restricted stock units (shares)			3,710
Issuance of common stock upon exercise of stock options (shares)	1,574		1,574
Issuance of common stock upon exercise of stock options	$ 1			1
Stock-based compensation	289			289
Other comprehensive income (loss)	(74)					(74)
Net loss	(23)				(23)
Ending balance (shares) at Mar. 31, 2024			408,512
Ending balance at Mar. 31, 2024	$ 6,999		$ 0	$ 12,177	$ (5,177)	$ (1)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net loss including redeemable non-controlling interests	$ (25)	$ (162)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	142	123
Stock-based compensation	252	230
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities	26	32
Other	14	4
Changes in assets and liabilities:
Funds held at payment processors	(41)	151
Accounts receivable, net	(18)	17
Prepaid expenses and other current assets	(22)	(75)
Other assets	(49)	(8)
Accounts payable	(12)	61
Accrued expenses and other current liabilities	306	51
Payments for operating lease liabilities	(27)	(32)
Other liabilities	7	5
Net cash provided by operating activities	553	397
Cash flows from investing activities
Purchases of property and equipment	(17)	(39)
Capitalized software and website development costs	(49)	(42)
Purchases of marketable securities	(529)	(434)
Maturities of marketable securities	528	504
Sales of marketable securities	4	2
Other investing activities	(9)	(1)
Net cash used in investing activities	(72)	(10)
Cash flows from financing activities
Proceeds from exercise of stock options	1	2
Repurchase of common stock	0	(392)
Other financing activities	6	0
Net cash provided by (used in) financing activities	7	(390)
Foreign currency effect on cash, cash equivalents, and restricted cash	(13)	1
Net increase (decrease) in cash, cash equivalents, and restricted cash	475	(2)
Cash, cash equivalents, and restricted cash, beginning of period	2,772	2,188
Cash, cash equivalents, and restricted cash, end of period	$ 3,247	$ 2,186

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 3,124	$ 1,833
Restricted cash included in prepaid expenses and other current assets	111	75
Long-term restricted cash	12	278
Total cash, cash equivalents, and restricted cash	3,247	2,186
Non-cash investing and financing activities
Purchases of property and equipment not yet settled	16	27
Stock-based compensation included in capitalized software and website development costs	$ 37	$ 35

Organization and Description of

Organization and Description of Business	3 Months Ended
	Mar. 31, 2024
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 30 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 Business, 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, 2024
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 the Company and 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, 2023. 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, 2023. Recent Accounting Pronouncements Issued In November 2023, the Financial Accounting Standards Board (“FASB") issued Accounting Standards Update No. 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”), which is intended to improve reportable segment disclosure requirements. ASU 2023-07 expands segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items, and interim disclosures of a reportable segment’s profit or loss and assets. Additionally, the amendments require disclosure of the title and position of the Chief Operating Decision Maker ("CODM") and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. All disclosure requirements of ASU 2023-07 are required for entities with a single reportable segment. This ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company will apply the guidance starting with its consolidated financial statements included in the Annual Report on Form 10-K for the year ending December 31, 2024.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2024
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, 2023 2024 United States $ 1,846 $ 2,222 International 189 291 Total revenue $ 2,035 $ 2,513 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, 2024 was as follows (in millions): Three Months Ended March 31, 2024 Beginning balance $ 308 Addition to contract liabilities 606 Reduction of contract liabilities (1)(2) (622) Ending balance $ 292 (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 $181 million associated with unearned prepayments received by the Company, of which $98 million was recognized as revenue during the three months ended March 31, 2024. 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, 2023 2024 Beginning balance $ 100 $ 137 Addition to deferred contract costs 17 18 Amortization of deferred contract costs (10) (14) Ending balance $ 107 $ 141 Deferred contract costs, current $ 39 $ 54 Deferred contract costs, non-current 68 87 Total deferred contract costs $ 107 $ 141 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, 2023 2024 Beginning balance $ 20 $ 17 Current-period provision for expected credit losses — 3 Write-offs charged against the allowance (3) (1) Ending balance $ 17 $ 19

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	3 Months Ended
	Mar. 31, 2024
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 March 31, 2024 were as follows (in millions): Total Balance as of December 31, 2023 $ 2,432 Effects of foreign currency translation (46) Balance as of March 31, 2024 $ 2,386 Intangible assets, net consisted of the following as of December 31, 2023 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 4.3 $ 241 $ (117) $ 124 Merchant relationships 9.1 302 (56) 246 Courier relationships — 12 (12) — Customer relationships 1.4 123 (69) 54 Trade name and trademarks 8.4 286 (51) 235 Balance as of December 31, 2023 $ 964 $ (305) $ 659 Intangible assets, net consisted of the following as of March 31, 2024 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 4.1 $ 236 $ (123) $ 113 Merchant relationships 8.9 295 (62) 233 Customer relationships 1.2 120 (77) 43 Trade name and trademarks 8.1 279 (57) 222 Assembled workforce in asset acquisition 3.0 10 — 10 Balance as of March 31, 2024 $ 940 $ (319) $ 621 Amortization expense associated with intangible assets was $33 million and $31 million for the three months ended March 31, 2023 and 2024, respectively. The estimated future amortization expense of intangible assets as of March 31, 2024 is as follows (in millions): Year Ending December 31, Amortization Remainder of 2024 $ 94 2025 101 2026 83 2027 79 2028 63 Thereafter 201 Total estimated future amortization expense $ 621

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2024
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, 2023 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 1,349 $ — $ — $ 1,349 U.S. Treasury securities — 35 — 35 Short-term marketable securities Certificates of deposit — 38 — 38 Commercial paper — 216 — 216 Corporate bonds — 289 — 289 U.S. government agency securities — 162 — 162 U.S. Treasury securities — 717 — 717 Long-term marketable securities Corporate bonds — 383 — 383 U.S. government agency securities — 55 — 55 U.S. Treasury securities — 145 — 145 Total $ 1,349 $ 2,040 $ — $ 3,389 March 31, 2024 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 1,914 $ — $ — $ 1,914 Commercial paper — 6 — 6 Corporate bonds — 3 — 3 U.S. Treasury securities — 30 — 30 Short-term marketable securities Certificates of deposit — 46 — 46 Commercial paper — 235 — 235 Corporate bonds — 271 — 271 U.S. government agency securities — 63 — 63 U.S. Treasury securities — 751 — 751 Long-term marketable securities Corporate bonds — 450 — 450 U.S. government agency securities — 56 — 56 U.S. Treasury securities — 140 — 140 Total $ 1,914 $ 2,051 $ — $ 3,965 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. In the three months ended March 31, 2023 and 2024, the Company did not record any 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, 2023 and March 31, 2024, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other expense, 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 $ 450 $ 450 Upward adjustments 9 9 Downward adjustments (including impairment) (413) (413) Total carrying value at the end of reporting period $ 46 $ 46

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2024
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, 2023 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 1,349 $ — $ — $ 1,349 U.S. Treasury securities 35 — — 35 Short-term marketable securities Certificates of deposit 38 — — 38 Commercial paper 216 — — 216 Corporate bonds 290 — (1) 289 U.S. government agency securities 162 — — 162 U.S. Treasury securities 717 1 (1) 717 Long-term marketable securities Corporate bonds 382 2 (1) 383 U.S. government agency securities 55 — — 55 U.S. Treasury securities 144 1 — 145 Total $ 3,388 $ 4 $ (3) $ 3,389 March 31, 2024 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 1,914 $ — $ — $ 1,914 Commercial paper 6 — — 6 Corporate bonds 3 — — 3 U.S. Treasury securities 30 — — 30 Short-term marketable securities Certificates of deposit 46 — — 46 Commercial paper 235 — — 235 Corporate bonds 272 — (1) 271 U.S. government agency securities 63 — — 63 U.S. Treasury securities 752 — (1) 751 Long-term marketable securities Corporate bonds 451 1 (2) 450 U.S. government agency securities 56 — — 56 U.S. Treasury securities 140 — — 140 Total $ 3,968 $ 1 $ (4) $ 3,965 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, 2023, and March 31, 2024. Property and Equipment, net Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 167 $ 174 Computer equipment and software 77 82 Capitalized software and website development costs 953 1,041 Leasehold improvements 217 221 Office equipment 66 64 Construction in progress 40 35 Total 1,520 1,617 Less: Accumulated depreciation and amortization (808) (912) Property and equipment, net $ 712 $ 705 Depreciation expenses were $33 million and $32 million for the three months ended March 31, 2023 and 2024, respectively. The Company capitalized $83 million and $88 million in capitalized software and website development costs during the three months ended March 31, 2023 and 2024, 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 $57 million and $79 million for the three months ended March 31, 2023 and 2024, 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 $ 75 $ 120 Sales tax payable and accrued sales and indirect taxes 245 265 Accrued operations related expenses 331 399 Accrued advertising 112 111 Dasher and merchant payable 950 1,046 Insurance reserves 758 859 Contract liabilities 308 292 Other 347 384 Total $ 3,126 $ 3,476

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
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 is currently the subject of regulatory and administrative investigations, audits, demands, 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 models, compliance with consumer protection laws, privacy, data security, tax issues, unemployment insurance, workers' compensation insurance, 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. However, the ultimate resolution of the audit is uncertain and, accordingly, the Company has recorded an accrual for this matter within accrued expenses and other current liabilities on the condensed consolidated balance sheets as of March 31, 2024. The results of investigations, audits, demands, and inquiries and related governmental action are inherently unpredictable and, as such, there is always the risk of an investigation, audit, demand, or inquiry having a material impact on the Company's business, financial condition, and results of operations. 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 agrees to indemnify, hold harmless, and 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 the Company's technology. The terms of these indemnification agreements are generally perpetual any time after the execution of the agreement. In addition, the Company has entered 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 of the Company, other than liabilities arising from willful misconduct of the individual. 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. No liability associated with such indemnifications was recorded as of December 31, 2023 and March 31, 2024. Insurance Collateral The Company is required to maintain $465 million in collateral in connection with certain insurance policies, which can be held in a combination of cash, surety bonds, and letters of credit. As of March 31, 2024, the Company had $465 million of collateral outstanding in the form of surety bonds and letters of credit in connection with the insurance collateral requirement. 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, 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, 2023 and March 31, 2024, the Company was in compliance with the covenants under the credit agreement. As of December 31, 2023 and March 31, 2024, no revolving loans were outstanding under the credit facility. In addition to the letters of credit maintained in connection with the insurance collateral requirement, the Company also maintains letters of credit established primarily for real estate leases and insurance policies. As of December 31, 2023 and March 31, 2024, the Company had $138 million and $141 million of issued letters of credit outstanding, respectively, of which $115 million and $118 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 as 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.

Common Stock

Common Stock	3 Months Ended
	Mar. 31, 2024
Equity [Abstract]
Common Stock	Common Stock Share Repurchase Program In February 2024, the Company authorized the repurchase of Class A common stock, in an aggregate amount of up to $1.1 billion. During the three months ended March 31, 2024, the Company did not repurchase any shares of its Class A common stock under the share repurchase program. Restricted Stock The Company had granted restricted stock to certain continuing employees in connection with the acquisition of Wolt Enterprises Oy ("Wolt") on May 31, 2022. 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, 2023 285 Granted — $ — Vested (47) $ 76.91 Forfeited — $ — Unvested restricted stock as of March 31, 2024 238 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, 2023 9,022 $ 4.38 3.41 $ 853 Granted — $ — Exercised (1,574) $ 0.89 $ 180 Cancelled and forfeited — $ — Balance as of March 31, 2024 7,448 $ 5.12 3.60 $ 988 Exercisable as of March 31, 2024 7,181 $ 5.15 3.63 $ 952 Vested and expected to vest as of March 31, 2024 7,448 $ 5.12 3.60 $ 988 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 NASDAQ Global Select Market as of the respective period-end dates. The aggregate intrinsic value of stock options exercised during the three months ended March 31, 2023, and 2024 was $98 million and $180 million, respectively. There were no stock options granted during the three months ended March 31, 2023 and 2024. 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 RSUs as of December 31, 2023 37,792 $ 3,645 Granted 1,108 $ 119.95 Vested (5) $ 74.04 Vested and settled (3,705) $ 77.91 Forfeited (782) $ 77.47 Unvested RSUs as of March 31, 2024 34,408 $ 4,757 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 NASDAQ Global Select Market as of the respective period-end dates. The weighted-average fair value per share of RSUs granted during the three months ended March 31, 2023 and 2024 was $58.28 and $119.95, 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, 2023 2024 Cost of revenue, exclusive of depreciation and amortization $ 24 $ 32 Sales and marketing 24 25 Research and development 98 113 General and administrative 84 82 Total stock-based compensation expense $ 230 $ 252 As of March 31, 2024, there was $6 million of unrecognized stock-based compensation expense related to unvested stock options, which is expected to be recognized over a weighted-average period of 1.7 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, 2024, unrecognized stock-based compensation expense related to the CEO Performance Award was $52 million, which is expected to be recognized over a period of 1.07 years.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
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 primary difference between the effective tax rate and the federal statutory tax rate is due to the valuation allowance on the Company’s deferred tax assets in certain jurisdictions. The Company recorded $17 million and $7 million of provision for income taxes for the three months ended March 31, 2023 and 2024, respectively. The provision for income taxes is primarily attributable to positive pre-tax book income in the United States resulting in federal and state income taxes. 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. 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, 2024, the Company maintains a full valuation allowance on its deferred tax assets except for certain foreign jurisdictions. 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, 2024
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 f or the three months ended March 31, 2023 and 2024 ( in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2023 2024 Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (150) $ (12) $ (23) $ (2) Less: Net loss attributable to redeemable non-controlling interests (1) — (2) — Net loss attributable to DoorDash, Inc. common stockholders $ (149) $ (12) $ (21) $ (2) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 362,406 27,991 378,240 27,242 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (0.41) $ (0.41) $ (0.06) $ (0.06) 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, 2023 2024 Stock options to purchase common stock 14,297 7,448 Unvested restricted stock and restricted stock units 40,635 34,641 Escrow shares 2,012 72 Total 56,944 42,161

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On April 26, 2024, the Company entered into an amendment agreement pursuant to which its existing revolving credit and guaranty agreement was amended and restated in its entirety to provide for an increase in the existing unsecured revolving loan facility from $400 million to an aggregate principal amount of up to $800 million, with an increase to the letter of credit sublimit from $200 million to $600 million. The amendment agreement also extended the maturity date for the revolving credit facility from August 7, 2025 to April 26, 2029. Loans under the credit facility continue to bear interest, at the Company’s option, at a per annum rate equal to the base rate plus a spread of 0% or an adjusted term SOFR rate (based on one, three or six-month interest periods) plus a spread of 1%. The Company is 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%. As amended and restated, the credit agreement contains customary affirmative and negative covenants and the Company must maintain compliance with a maximum senior net leverage ratio.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net loss	$ (23)	$ (161)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Mar. 31, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Keith Yandell [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 6, 2024, Keith Yandell, our Chief Business Officer, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 59,864 shares of our Class A common stock. The actual number of shares sold under the trading arrangement will be net of shares withheld for taxes upon vesting and settlement of the RSUs subject to the trading arrangement. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until December 5, 2024, or earlier if all transactions under the trading arrangement are completed.
Name	Keith Yandell
Title	Chief Business Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 6, 2024
Arrangement Duration	274 days
Aggregate Available	59,864
Shona Brown [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 7, 2024, Shona Brown, a member of our board of directors, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 23,429 shares of our Class A common stock. The actual number of shares sold under the trading arrangement will be net of shares withheld for taxes upon vesting and settlement of the RSUs subject to the trading arrangement. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until June 8, 2025, or earlier if all transactions under the trading arrangement are completed.
Name	Shona Brown
Title	member of our board of directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 7, 2024
Arrangement Duration	458 days
Aggregate Available	23,429
Tony Xu [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 8, 2024, Tony Xu, our co-founder, Chief Executive Officer, and a member of our board of directors, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 1,300,000 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until June 30, 2025, or earlier if all transactions under the trading arrangement are completed.
Name	Tony Xu
Title	co-founder, Chief Executive Officer, and a member of our board of directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 8, 2024
Arrangement Duration	479 days
Aggregate Available	1,300,000
Andy Fang [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	On March 8, 2024, Andy Fang, our co-founder and a member of our board of directors, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 1,300,000 shares of our Class A common stock, including certain shares held by The AF Living Trust whose shares may be deemed to be beneficially owned by Mr. Fang. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until May 31, 2025, or earlier if all transactions under the trading arrangement are completed.
Name	Andy Fang
Title	co-founder and a member of our board of directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	March 8, 2024
Arrangement Duration	449 days
Aggregate Available	1,300,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and 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, 2023. Interim results are not necessarily indicative of the results for a full year.
Use of Estimates	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.
Recent Accounting Pronouncements Issued	Recent Accounting Pronouncements Issued In November 2023, the Financial Accounting Standards Board (“FASB") issued Accounting Standards Update No. 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”), which is intended to improve reportable segment disclosure requirements. ASU 2023-07 expands segment disclosures by requiring disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items, and interim disclosures of a reportable segment’s profit or loss and assets. Additionally, the amendments require disclosure of the title and position of the Chief Operating Decision Maker ("CODM") and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. All disclosure requirements of ASU 2023-07 are required for entities with a single reportable segment. This ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company will apply the guidance starting with its consolidated financial statements included in the Annual Report on Form 10-K for the year ending December 31, 2024.
Contract Liabilities	Contract Liabilities Deferred Contract Costs
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, 2024
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, 2023 2024 United States $ 1,846 $ 2,222 International 189 291 Total revenue $ 2,035 $ 2,513
Contract Liabilities	A summary of activities related to contract liabilities for the three months ended March 31, 2024 was as follows (in millions): Three Months Ended March 31, 2024 Beginning balance $ 308 Addition to contract liabilities 606 Reduction of contract liabilities (1)(2) (622) Ending balance $ 292 (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 $181 million associated with unearned prepayments received by the Company, of which $98 million was recognized as revenue during the three months ended March 31, 2024. 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, 2023 2024 Beginning balance $ 100 $ 137 Addition to deferred contract costs 17 18 Amortization of deferred contract costs (10) (14) Ending balance $ 107 $ 141 Deferred contract costs, current $ 39 $ 54 Deferred contract costs, non-current 68 87 Total deferred contract costs $ 107 $ 141
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, 2023 2024 Beginning balance $ 20 $ 17 Current-period provision for expected credit losses — 3 Write-offs charged against the allowance (3) (1) Ending balance $ 17 $ 19

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill during the three months ended March 31, 2024 were as follows (in millions): Total Balance as of December 31, 2023 $ 2,432 Effects of foreign currency translation (46) Balance as of March 31, 2024 $ 2,386
Schedule of Intangible Assets	Intangible assets, net consisted of the following as of December 31, 2023 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 4.3 $ 241 $ (117) $ 124 Merchant relationships 9.1 302 (56) 246 Courier relationships — 12 (12) — Customer relationships 1.4 123 (69) 54 Trade name and trademarks 8.4 286 (51) 235 Balance as of December 31, 2023 $ 964 $ (305) $ 659 Intangible assets, net consisted of the following as of March 31, 2024 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 4.1 $ 236 $ (123) $ 113 Merchant relationships 8.9 295 (62) 233 Customer relationships 1.2 120 (77) 43 Trade name and trademarks 8.1 279 (57) 222 Assembled workforce in asset acquisition 3.0 10 — 10 Balance as of March 31, 2024 $ 940 $ (319) $ 621
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated future amortization expense of intangible assets as of March 31, 2024 is as follows (in millions): Year Ending December 31, Amortization Remainder of 2024 $ 94 2025 101 2026 83 2027 79 2028 63 Thereafter 201 Total estimated future amortization expense $ 621

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value 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, 2023 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 1,349 $ — $ — $ 1,349 U.S. Treasury securities — 35 — 35 Short-term marketable securities Certificates of deposit — 38 — 38 Commercial paper — 216 — 216 Corporate bonds — 289 — 289 U.S. government agency securities — 162 — 162 U.S. Treasury securities — 717 — 717 Long-term marketable securities Corporate bonds — 383 — 383 U.S. government agency securities — 55 — 55 U.S. Treasury securities — 145 — 145 Total $ 1,349 $ 2,040 $ — $ 3,389 March 31, 2024 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 1,914 $ — $ — $ 1,914 Commercial paper — 6 — 6 Corporate bonds — 3 — 3 U.S. Treasury securities — 30 — 30 Short-term marketable securities Certificates of deposit — 46 — 46 Commercial paper — 235 — 235 Corporate bonds — 271 — 271 U.S. government agency securities — 63 — 63 U.S. Treasury securities — 751 — 751 Long-term marketable securities Corporate bonds — 450 — 450 U.S. government agency securities — 56 — 56 U.S. Treasury securities — 140 — 140 Total $ 1,914 $ 2,051 $ — $ 3,965
Summary of Carrying Value of the Company's Non-Marketable Equity Securities and Unrealized Losses	The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2023 and March 31, 2024, including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other expense, 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 $ 450 $ 450 Upward adjustments 9 9 Downward adjustments (including impairment) (413) (413) Total carrying value at the end of reporting period $ 46 $ 46

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2024
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, 2023 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 1,349 $ — $ — $ 1,349 U.S. Treasury securities 35 — — 35 Short-term marketable securities Certificates of deposit 38 — — 38 Commercial paper 216 — — 216 Corporate bonds 290 — (1) 289 U.S. government agency securities 162 — — 162 U.S. Treasury securities 717 1 (1) 717 Long-term marketable securities Corporate bonds 382 2 (1) 383 U.S. government agency securities 55 — — 55 U.S. Treasury securities 144 1 — 145 Total $ 3,388 $ 4 $ (3) $ 3,389 March 31, 2024 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 1,914 $ — $ — $ 1,914 Commercial paper 6 — — 6 Corporate bonds 3 — — 3 U.S. Treasury securities 30 — — 30 Short-term marketable securities Certificates of deposit 46 — — 46 Commercial paper 235 — — 235 Corporate bonds 272 — (1) 271 U.S. government agency securities 63 — — 63 U.S. Treasury securities 752 — (1) 751 Long-term marketable securities Corporate bonds 451 1 (2) 450 U.S. government agency securities 56 — — 56 U.S. Treasury securities 140 — — 140 Total $ 3,968 $ 1 $ (4) $ 3,965
Schedule of Property and Equipment, net	Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 167 $ 174 Computer equipment and software 77 82 Capitalized software and website development costs 953 1,041 Leasehold improvements 217 221 Office equipment 66 64 Construction in progress 40 35 Total 1,520 1,617 Less: Accumulated depreciation and amortization (808) (912) Property and equipment, net $ 712 $ 705
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 $ 75 $ 120 Sales tax payable and accrued sales and indirect taxes 245 265 Accrued operations related expenses 331 399 Accrued advertising 112 111 Dasher and merchant payable 950 1,046 Insurance reserves 758 859 Contract liabilities 308 292 Other 347 384 Total $ 3,126 $ 3,476

Common Stock (Tables)

Common Stock (Tables)	3 Months Ended
	Mar. 31, 2024
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, 2023 285 Granted — $ — Vested (47) $ 76.91 Forfeited — $ — Unvested restricted stock as of March 31, 2024 238
Schedule of Activity under the 2014 and 2020 Plans	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, 2023 9,022 $ 4.38 3.41 $ 853 Granted — $ — Exercised (1,574) $ 0.89 $ 180 Cancelled and forfeited — $ — Balance as of March 31, 2024 7,448 $ 5.12 3.60 $ 988 Exercisable as of March 31, 2024 7,181 $ 5.15 3.63 $ 952 Vested and expected to vest as of March 31, 2024 7,448 $ 5.12 3.60 $ 988
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 RSUs as of December 31, 2023 37,792 $ 3,645 Granted 1,108 $ 119.95 Vested (5) $ 74.04 Vested and settled (3,705) $ 77.91 Forfeited (782) $ 77.47 Unvested RSUs as of March 31, 2024 34,408 $ 4,757
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, 2023 2024 Cost of revenue, exclusive of depreciation and amortization $ 24 $ 32 Sales and marketing 24 25 Research and development 98 113 General and administrative 84 82 Total stock-based compensation expense $ 230 $ 252

Net Loss per Share Attributab_2

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders (Tables)	3 Months Ended
	Mar. 31, 2024
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 f or the three months ended March 31, 2023 and 2024 ( in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2023 2024 Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (150) $ (12) $ (23) $ (2) Less: Net loss attributable to redeemable non-controlling interests (1) — (2) — Net loss attributable to DoorDash, Inc. common stockholders $ (149) $ (12) $ (21) $ (2) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 362,406 27,991 378,240 27,242 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (0.41) $ (0.41) $ (0.06) $ (0.06)
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, 2023 2024 Stock options to purchase common stock 14,297 7,448 Unvested restricted stock and restricted stock units 40,635 34,641 Escrow shares 2,012 72 Total 56,944 42,161

Organization and Description _2

Organization and Description of Business - Narrative (Details)	3 Months Ended
	Mar. 31, 2024 country
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating countries	30

Revenue - Disaggregated Revenue

Revenue - Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Total revenue	$ 2,513	$ 2,035
United States
Disaggregation of Revenue [Line Items]
Total revenue	2,222	1,846
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 291	$ 189

Revenue - Contract Liabilities

Revenue - Contract Liabilities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Contract Liabilities [Roll Forward]
Beginning balance	$ 308
Addition to contract liabilities	606
Reduction of contract liabilities	(622)
Ending balance	292
Unearned prepayments received	(181)
Revenue recognized	$ 98

Revenue - Rollforward of Deferr

Revenue - Rollforward of Deferred Contract Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Capitalized Contract Cost [Roll Forward]
Beginning balance	$ 137	$ 100
Addition to deferred contract costs	18	17
Amortization of deferred contract costs	(14)	(10)
Ending balance	$ 141	$ 107

Revenue - Deferred Contract Cos

Revenue - Deferred Contract Costs (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Deferred contract costs, current	$ 54		$ 39
Deferred contract costs, non-current	87		68
Total deferred contract costs	$ 141	$ 137	$ 107	$ 100

Revenue - Allowance for Credit

Revenue - Allowance for Credit Losses (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 17	$ 20
Current-period provision for expected credit losses	3	0
Write-offs charged against the allowance	(1)	(3)
Ending balance	$ 19	$ 17

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Goodwill (Details) $ in Millions	3 Months Ended
	Mar. 31, 2024 USD ($)
Goodwill [Roll Forward]
Beginning Balance	$ 2,432
Effects of foreign currency translation	(46)
Ending Balance	$ 2,386

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 940		$ 964
Accumulated Amortization	(319)		(305)
Net carrying value / total estimated amortization expense	621		$ 659
Amortization of intangible assets	$ 31	$ 33
Existing technology
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	4 years 1 month 6 days		4 years 3 months 18 days
Gross Carrying Value	$ 236		$ 241
Accumulated Amortization	(123)		(117)
Net carrying value / total estimated amortization expense	$ 113		$ 124
Merchant relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	8 years 10 months 24 days		9 years 1 month 6 days
Gross Carrying Value	$ 295		$ 302
Accumulated Amortization	(62)		(56)
Net carrying value / total estimated amortization expense	$ 233		246
Courier relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value			12
Accumulated Amortization			(12)
Net carrying value / total estimated amortization expense			$ 0
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	1 year 2 months 12 days		1 year 4 months 24 days
Gross Carrying Value	$ 120		$ 123
Accumulated Amortization	(77)		(69)
Net carrying value / total estimated amortization expense	$ 43		$ 54
Trade name and trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	8 years 1 month 6 days		8 years 4 months 24 days
Gross Carrying Value	$ 279		$ 286
Accumulated Amortization	(57)		(51)
Net carrying value / total estimated amortization expense	$ 222		$ 235
Assembled workforce in asset acquisition
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	3 years
Gross Carrying Value	$ 10
Accumulated Amortization	0
Net carrying value / total estimated amortization expense	$ 10

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 94
2025	101
2026	83
2027	79
2028	63
Thereafter	201
Net carrying value / total estimated amortization expense	$ 621	$ 659

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	$ 1,366	$ 1,422
Long-term marketable securities	646	583
Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	46	38
Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	6
Short-term marketable securities	235	216
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	3
Short-term marketable securities	271	289
Long-term marketable securities	450	383
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	63	162
Long-term marketable securities	56	55
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	30	35
Short-term marketable securities	751	717
Long-term marketable securities	140	145
Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	3,965	3,389
Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,914	1,349
Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	6
Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	30	35
Fair Value, Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	46	38
Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	235	216
Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	3
Short-term marketable securities	271	289
Long-term marketable securities	450	383
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	63	162
Long-term marketable securities	56	55
Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	751	717
Long-term marketable securities	140	145
Level 1 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	1,914	1,349
Level 1 | Fair Value, Recurring | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	1,914	1,349
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	0
Level 1 | Fair Value, Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Level 1 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
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]
Cash equivalents	0
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]
Total	2,051	2,040
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	6
Level 2 | Fair Value, Recurring | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	30	35
Level 2 | Fair Value, Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	46	38
Level 2 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	235	216
Level 2 | Fair Value, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	3
Short-term marketable securities	271	289
Long-term marketable securities	450	383
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	63	162
Long-term marketable securities	56	55
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	751	717
Long-term marketable securities	140	145
Level 3 | Fair Value, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total	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	0
Level 3 | Fair Value, Recurring | Certificates of deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term marketable securities	0	0
Level 3 | Fair Value, Recurring | Commercial paper
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
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]
Cash equivalents	0
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, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Initial cost basis	$ 450	$ 450
Upward adjustments	9	9
Downward adjustments (including impairment)	(413)	(413)
Total carrying value at the end of reporting period	$ 46	$ 46

Balance Sheet Components - Cash

Balance Sheet Components - Cash Equivalents and Marketable Securities (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
Cash equivalents
Cash equivalents, cost or amortized cost	$ 3,124,000,000	$ 2,656,000,000	$ 1,833,000,000
Short-term marketable securities
Short-term marketable securities, estimated fair value	1,366,000,000	1,422,000,000
Long-term marketable securities
Long-term marketable securities, estimated fair value	646,000,000	583,000,000
Total	3,968,000,000	3,388,000,000
Total, unrealized gains	1,000,000	4,000,000
Total, unrealized losses	(4,000,000)	(3,000,000)
Total, estimated fair value	3,965,000,000	3,389,000,000
Allowance for credit losses	0	0
Money market funds
Cash equivalents
Cash equivalents, cost or amortized cost	1,914,000,000	1,349,000,000
Cash equivalents, unrealized gain	0	0
Cash equivalents paper, unrealized loss	0	0
Cash equivalents, estimated fair value	1,914,000,000	1,349,000,000
U.S. Treasury securities
Cash equivalents
Cash equivalents, cost or amortized cost	30,000,000	35,000,000
Cash equivalents, unrealized gain	0	0
Cash equivalents paper, unrealized loss	0	0
Cash equivalents, estimated fair value	30,000,000	35,000,000
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	752,000,000	717,000,000
Short-term marketable securities, unrealized gains	0	1,000,000
Short-term marketable securities, unrealized losses	(1,000,000)	(1,000,000)
Short-term marketable securities, estimated fair value	751,000,000	717,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	140,000,000	144,000,000
Long-term marketable securities, unrealized gains	0	1,000,000
Long-term marketable securities, unrealized losses	0	0
Long-term marketable securities, estimated fair value	140,000,000	145,000,000
Certificates of deposit
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	46,000,000	38,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	46,000,000	38,000,000
Commercial paper
Cash equivalents
Cash equivalents, cost or amortized cost	6,000,000
Cash equivalents, unrealized gain	0
Cash equivalents paper, unrealized loss	0
Cash equivalents, estimated fair value	6,000,000
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	235,000,000	216,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	235,000,000	216,000,000
Corporate bonds
Cash equivalents
Cash equivalents, cost or amortized cost	3,000,000
Cash equivalents, unrealized gain	0
Cash equivalents paper, unrealized loss	0
Cash equivalents, estimated fair value	3,000,000
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	272,000,000	290,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(1,000,000)	(1,000,000)
Short-term marketable securities, estimated fair value	271,000,000	289,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	451,000,000	382,000,000
Long-term marketable securities, unrealized gains	1,000,000	2,000,000
Long-term marketable securities, unrealized losses	(2,000,000)	(1,000,000)
Long-term marketable securities, estimated fair value	450,000,000	383,000,000
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	63,000,000	162,000,000
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	63,000,000	162,000,000
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	56,000,000	55,000,000
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	0	0
Long-term marketable securities, estimated fair value	$ 56,000,000	$ 55,000,000

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total	$ 1,617		$ 1,520
Less: Accumulated depreciation and amortization	(912)		(808)
Property and equipment, net	705		712
Depreciation expense	33	$ 32
Capitalized software and website development costs	83	88
Amortization of capitalized software and website development costs	57	$ 79
Equipment for merchants
Property, Plant and Equipment [Line Items]
Total	174		167
Computer equipment and software
Property, Plant and Equipment [Line Items]
Total	82		77
Capitalized software and website development costs
Property, Plant and Equipment [Line Items]
Total	1,041		953
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total	221		217
Office equipment
Property, Plant and Equipment [Line Items]
Total	64		66
Construction in progress
Property, Plant and Equipment [Line Items]
Total	$ 35		$ 40

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]
Litigation reserves	$ 120	$ 75
Sales tax payable and accrued sales and indirect taxes	265	245
Accrued operations related expenses	399	331
Accrued advertising	111	112
Dasher and merchant payable	1,046	950
Insurance reserves	859	758
Contract liabilities	292	308
Other	384	347
Total	$ 3,476	$ 3,126

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Indemnification liability	$ 0	$ 0

Commitment and Contingencies -

Commitment and Contingencies - Credit Agreements (Details) - USD ($)		3 Months Ended	12 Months Ended
	Oct. 31, 2022	Mar. 31, 2024	Dec. 31, 2023	Aug. 31, 2020	Nov. 30, 2019
Line of Credit Facility [Line Items]
Long-term restricted cash		$ 12,000,000	$ 11,000,000
Letters of credit outstanding		141,000,000	138,000,000
Surety Bond
Line of Credit Facility [Line Items]
Collateralized agreements		465,000,000
Long-term restricted cash		465,000,000
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
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
Unused commitment fee (percent)	0.10%
Drawn from the revolving credit facility		0	0
Letters of credit outstanding		$ 118,000,000	$ 115,000,000
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025 | 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%
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025 | Secured Overnight Financing Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025 | Adjusted Secured Overnight Financing Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%

Common Stock - Narrative (Detai

Common Stock - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	3 Months Ended
	Nov. 30, 2020	Mar. 31, 2024	Mar. 31, 2023	Feb. 29, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount				$ 1,100
Options exercised, aggregate intrinsic value		$ 180	$ 98
Options granted (in shares)		0	0
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Derived service period of award		4 years
Granted (in shares)		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)		$ 119.95	$ 58.28
Unrecognized stock-based compensation expense related to unvested stock options		$ 1,800
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 3 months 14 days
Granted (in shares)		1,108,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 6
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		1 year 8 months 12 days
CEO Performance Award | Chief Executive Officer | 2014 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 52
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		1 year 25 days
Granted (in shares)	10,379,000

Common Stock - Restricted Stock

Common Stock - Restricted Stock (Details) - Restricted Stock shares in Thousands	3 Months Ended
	Mar. 31, 2024 $ / shares shares
Number of Shares
Unvested units, beginning balance (in shares)	285
Granted (in shares)	0
Vested (in shares)	(47)
Forfeited (in shares)	0
Unvested units, ending balance (in shares)	238
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, 2024	Mar. 31, 2023	Dec. 31, 2023
Shares subject to Options Outstanding
Shares subject to options outstanding, beginning balance (in shares)	9,022,000
Options granted (in shares)	0	0
Options exercised (in shares)	(1,574,000)
Options forfeited (in shares)	0
Shares subject to options outstanding, ending balance (in shares)	7,448,000		9,022,000
Exercisable (in shares)	7,181,000
Vested and expected to vest (in shares)	7,448,000
Weighted- Average Exercise Price Per Share
Shares subject to options outstanding, weighted-average exercise price (in dollars per share)	$ 5.12		$ 4.38
Options granted (in dollars per share)	0
Options exercised (in dollars per share)	0.89
Options forfeited (in dollars per share)	0
Exercisable (in dollars per share)	5.15
Vested and expected to vest (in dollars per share)	$ 5.12
Weighted- Average Remaining Contractual Term (in years)
Options outstanding, weighted-average remaining contractual term (in years)	3 years 7 months 6 days		3 years 4 months 28 days
Exercisable, weighted-average remaining contractual term (in years)	3 years 7 months 17 days
Vested and expected to vest, weighted-average remaining contractual term (in years)	3 years 7 months 6 days
Aggregate Intrinsic Value
Options outstanding, aggregate intrinsic value	$ 988		$ 853
Options exercised, aggregate intrinsic value	180	$ 98
Exercisable, aggregate intrinsic value	952
Vested and expected to vest, aggregate intrinsic value	$ 988

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, 2024	Dec. 31, 2023
Number of Shares
Unvested units, beginning balance (in shares)	37,792
Granted (in shares)	1,108
Vested (in shares)	(5)
Vested and settled (in shares)	(3,705)
Restricted stock units forfeited (in shares)	(782)
Unvested units, ending balance (in shares)	34,408
Weighted- Average Grant Date Fair Value Per Share
Granted (in dollars per share)	$ 119.95
Vested (in dollars per share)	74.04
Vested and settled (in dollars per share)	77.91
Forfeited (in dollars per share)	$ 77.47
Aggregate Intrinsic Value
Aggregate intrinsic value	$ 4,757	$ 3,645

Common Stock - Stock-based Comp

Common Stock - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 252	$ 230
Cost of revenue, exclusive of depreciation and amortization
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	32	24
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	25	24
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	113	98
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 82	$ 84

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 7	$ 17

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, 2024	Mar. 31, 2023
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (25)	$ (162)
Less: net loss attributable to redeemable non-controlling interests	(2)	(1)
Net loss attributable to DoorDash, Inc. common stockholders	$ (23)	$ (161)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	405,482	390,397
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	405,482	390,397
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.06)	$ (0.41)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.06)	$ (0.41)
Common Stock | Class A Common Stock
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (23)	$ (150)
Less: net loss attributable to redeemable non-controlling interests	(2)	(1)
Net loss attributable to DoorDash, Inc. common stockholders	$ (21)	$ (149)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	378,240	362,406
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	378,240	362,406
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.06)	$ (0.41)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.06)	$ (0.41)
Common Stock | Class B Common Stock
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (2)	$ (12)
Less: net loss attributable to redeemable non-controlling interests	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (2)	$ (12)
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic (in shares)	27,242	27,991
Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, diluted (in shares)	27,242	27,991
Net loss per share attributable to DoorDash, Inc. common stockholders, basic (in $ per share)	$ (0.06)	$ (0.41)
Net loss attributable to DoorDash, Inc. common stockholders, diluted (in $ per share)	$ (0.06)	$ (0.41)

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, 2024	Mar. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	42,161	56,944
Stock options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	7,448	14,297
Unvested restricted stock and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	34,641	40,635
Escrow shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	72	2,012

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) - USD ($) $ in Millions	Apr. 26, 2024	Oct. 31, 2022	Apr. 25, 2024	Aug. 31, 2020
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity				$ 400
Unused commitment fee (percent)		0.10%
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025 | Base Rate
Subsequent Event [Line Items]
Basis spread on variable rate (percent)		0.50%
Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025 | Adjusted Secured Overnight Financing Rate
Subsequent Event [Line Items]
Basis spread on variable rate (percent)		1%
Subsequent Event | Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity			$ 400
Subsequent Event | Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 800
Unused commitment fee (percent)	0.10%
Subsequent Event | Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029 | Base Rate
Subsequent Event [Line Items]
Basis spread on variable rate (percent)	0%
Subsequent Event | Revolving Credit Facility | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029 | Adjusted Secured Overnight Financing Rate
Subsequent Event [Line Items]
Basis spread on variable rate (percent)	1%
Subsequent Event | Letter of Credit | Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity			$ 200
Subsequent Event | Letter of Credit | Amended and Restated Revolving Credit and Guaranty Agreement Maturing April 2029
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 600