DoorDash — Third Quarter 2026 Earnings Summary

DoorDash reported record third-quarter 2026 financial results, with total orders reaching 993 million, a 28% year-over-year increase, and revenue growing 34% to $4.6 billion. The company achieved a GAAP net income of $466 million and Adjusted EBITDA of $1.06 billion, driven by growth in U.S. restaurant, grocery, and international marketplaces. Additionally, DoorDash announced a definitive agreement to acquire Instacart for $65.00 per share, creating a combined entity with an equity value of approximately $17 billion expected to close in late 2027 or early 2028. The acquisition aims to enhance grocery delivery logistics, reduce fulfillment costs, and generate over $500 million in annual synergies.