DoorDash Q3 FY2026: revenue up 34.0%, EPS $1.06, and a $17 billion Instacart deal
DoorDash beat on profit and set records on revenue in FY2026 Q3: $4.62 billion of revenue, $466 million of net income and $1.06 of diluted EPS against a $0.8594 consensus. Margin, not just order volume, did the heavy lifting. Read the scorecard first, then the $17 billion Instacart agreement — that deal, not this quarter, shapes the next two years.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $1.06 was up from $0.55 a year ago and lands 23.3% above the $0.8594 consensus. Operating income rose 71.3% to $442 million from $258 million, and the discipline showed up in the lines: sales and marketing fell 7% quarter-on-quarter to $0.77 billion and general and administrative fell 21% to $0.43 billion. Net income of $466 million was up 91.0% and equal to 1.4% of Marketplace GOV.
Revenue rose 34.0% to $4.62 billion from $3.45 billion a year earlier, with Marketplace GOV up 36.0% to $33.94 billion and total orders up 28.0% to 993 million. Strip out Deliveroo and revenue still grew 23.0%, so the base business is carrying most of the growth. No revenue consensus was supplied, so this is a judgement on growth and margin rather than a beat-or-miss call.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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