DoorDash, Inc.

NasdaqGS-DASH

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18
Net Income	858	117	-565	-1,368	-468	-461	-667	-204
Net Income Including Redeemable Non-Controlling Interests
Depreciation & Amortization	621	561	509	369	156	120	32	9
Depreciation and Amortization
Stock Based Compensation	1,046	1,099	1,088	889	486	322	18	24
Stock-Based Compensation
Other Adjustments	183	219	224	404	127	105	93	—
Bad Debt Expense
Reduction of Operating Lease Right-of-Use Assets and Accretion of Operating Lease Liabilities
Non-Cash Interest Expense
Office Lease Impairment Expenses
Adjustments to Non-Marketable Equity Securities, Including Impairment, Net
Change in Fair Value of Deal-Contingent Forward Contract
Other
Changes in Trade Receivables	-282	-222	-141	-33	-94	-248	-40	-17
Accounts Receivable, Net
Changes in Accounts Payable	53	82	70	-15	79	54	-13	25
Accounts Payable
Changes in Accrued Expenses	945	943	702	566	595	587	251	48
Accrued Expenses and Other Current Liabilities
Changes in Other Operating Activities	-948	-667	-214	-445	-189	-227	-141	-44
Funds Held at Payment Processors
Prepaid Expenses and Other Current Assets
Other Assets
Payments for Operating Lease Liabilities
Other Liabilities
Cash from Operating Activities	2,528	2,132	1,673	367	692	252	-467	-159
Net Cash Provided by Operating Activities

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18
Capital Expenditure	-235	-104	-123	-176	-129	-106	-78	-13
Purchases of Property and Equipment
Purchases of Intangible Assets	-301	-226	-201	-170	-108	-53	-14	-3
Capitalized Software and Website Development Costs
Purchases of Investments	-1,532	-1,951	-1,963	-1,963	-2,753	-589	-762	-390
Purchases of Marketable Securities
Purchases of Non-Marketable Equity Securities
Proceeds from Sale of Investments	1,834	1,844	1,947	1,939	944	583	600	49
Maturities of Marketable Securities
Sales of Marketable Securities
Payments for Business Acquisitions	—	—	—	71	—	-28	-315	—
Acquisitions, Net of Cash Acquired
Other Investing Activities	—	-7	-2	-1	-1	1	-1	—
Other Investing Activities
Cash from Investing Activities	-1,437	-444	-342	-300	-2,047	-192	-570	-357
Net Cash Provided by Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18
Issuance of Long-Term Debt	—	—	—	—	—	333	—	—
Proceeds from Issuance of Convertible Notes, Net of Issuance Costs
Repayments of Long-Term Debt	—	—	—	—	-333	—	—	—
Repayment of Convertible Notes
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	—	-333	333	—	—
Issuance of Common Shares	15	14	6	11	32	3,294	3	5
Proceeds from Issuance of Common Stock Upon Initial Public Offering, Net of Underwriter Discounts
Proceeds from Exercise of Stock Options
Repurchases of Common Shares	—	-224	-750	-400	-172	-7	—	-64
Taxes Paid Related to Net Share Settlement of Equity Awards
Repurchase of Common Stock
Net Issuance / (Repurchases) of Common Shares	15	-210	-744	-389	-140	3,287	3	-59
Issuance of Preferred Shares	—	—	—	—	—	382	1,111	725
Proceeds from Issuance of Preferred Stock, Net of Issuance Costs
Net Issuance / (Repurchases) of Preferred Shares	—	—	—	—	—	382	1,111	725
Other Financing Activities	—	6	-8	14	-10	-6	-5	—
Deferred Offering Costs Paid
Other Financing Activities
Cash from Financing Activities	2,386	-204	-752	-375	-483	3,996	1,109	666
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18
Free Cash Flow	2,293	2,028	1,550	191	563	146	-545	-172
NOPAT	665.8	-28.5	-612.6	-1,099.1	-456.9	-438.9	-616.9	-210
Levered Free Cash Flow	1,299	938	386	-1,066	-289	300	-617	-182
Unlevered Free Cash Flow	1,101.8	786.5	331.4	-800.1	55.1	-10.9	-565.9	-185
Net Change in Cash	3,477	1,484	579	-308	-1,838	4,056	72	150