Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

DoorDash, Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Cash and cash equivalents	4,378)	3,279)	3,911)	4,500)	4,019)	3,664)	3,430)	3,124)	2,656)	2,344)	1,904)	1,833)	1,977)	2,320)	2,727)	2,243)	2,504)	2,861)	3,334)	4,007)
Restricted cash	273)	4,080)	2,750)	202)	190)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Short-term marketable securities	1,128)	964)	1,088)	1,317)	1,322)	1,300)	1,424)	1,366)	1,422)	1,477)	1,552)	1,573)	1,544)	1,492)	1,272)	1,353)	1,253)	1,299)	1,334)	467)
Funds held at payment processors	587)	377)	322)	322)	436)	335)	396)	394)	356)	385)	297)	290)	441)	251)	246)	293)	320)	119)	120)	127)
Accounts receivable, net	1,108)	894)	840)	782)	732)	622)	585)	546)	533)	417)	383)	382)	400)	325)	346)	321)	349)	286)	245)	282)
Prepaid expenses and other current assets	1,169)	899)	824)	730)	687)	839)	782)	700)	630)	519)	469)	509)	358)	302)	242)	208)	139)	142)	146)	142)
Current assets	8,643)	10,493)	9,735)	7,853)	7,386)	6,760)	6,617)	6,130)	5,597)	5,142)	4,605)	4,587)	4,720)	4,690)	4,833)	4,418)	4,565)	4,707)	5,179)	5,025)
Long-term marketable securities	837)	849)	725)	842)	835)	795)	669)	646)	583)	474)	381)	314)	397)	365)	495)	643)	650)	554)	—)	—)
Operating lease right-of-use assets	437)	396)	391)	384)	389)	380)	381)	448)	436)	406)	417)	414)	436)	436)	426)	354)	336)	301)	262)	206)
Property and equipment, net	1,067)	976)	906)	846)	778)	733)	701)	705)	712)	690)	677)	656)	637)	588)	529)	455)	402)	355)	306)	250)
Intangible assets, net	2,260)	878)	890)	504)	510)	577)	586)	621)	659)	663)	708)	743)	765)	735)	809)	76)	61)	64)	67)	70)
Goodwill	5,519)	3,570)	3,529)	2,412)	2,315)	2,460)	2,371)	2,386)	2,432)	2,345)	2,396)	2,403)	2,370)	2,198)	2,315)	376)	316)	316)	316)	316)
Other assets	896)	809)	774)	731)	632)	572)	512)	514)	420)	293)	417)	529)	464)	540)	521)	500)	479)	61)	52)	35)
Non-current assets	11,016)	7,478)	7,215)	5,719)	5,459)	5,517)	5,220)	5,320)	5,242)	4,871)	4,996)	5,059)	5,069)	4,862)	5,095)	2,404)	2,244)	1,651)	1,003)	877)
Total assets	19,659)	17,971)	16,950)	13,572)	12,845)	12,277)	11,837)	11,450)	10,839)	10,013)	9,601)	9,646)	9,789)	9,552)	9,928)	6,822)	6,809)	6,358)	6,182)	5,902)

Total assets exhibited a generally increasing trend over the observed period, though with notable fluctuations. From March 31, 2021, to December 31, 2021, total assets increased from US$5,902 million to US$6,809 million. A significant surge occurred between March 31, 2022, and December 31, 2022, rising from US$6,822 million to US$9,789 million, before continuing to climb to US$19,659 million by December 31, 2025. This growth was primarily driven by changes in non-current assets, particularly goodwill and intangible assets.

Cash and Cash Equivalents: Cash and cash equivalents demonstrated volatility. Initially decreasing from US$4,007 million in March 2021 to US$2,504 million in December 2021, it experienced periods of increase and decrease. A general upward trend is observed from December 2023, peaking at US$4,500 million in March 2025, before decreasing to US$4,378 million by the end of 2025.
Restricted Cash: Restricted cash remained negligible until September 2025, when it increased substantially to US$2,750 million and US$4,080 million in the subsequent quarter. This represents a significant shift in cash management practices or regulatory requirements.
Short-Term Marketable Securities: Short-term marketable securities remained relatively stable between approximately US$1,250 million and US$1,573 million from June 2021 through December 2022. A gradual decline is observed from March 2023, reaching US$1,128 million by December 2023, and continuing to decrease to US$964 million by June 2025.
Funds Held at Payment Processors: Funds held at payment processors showed a marked increase from US$127 million in March 2021 to US$441 million in December 2021. This level was maintained through much of 2022, with a subsequent decrease to US$322 million in March 2025, followed by an increase to US$587 million by December 2025. This suggests fluctuations in transaction volume or payment processing arrangements.
Accounts Receivable, Net: Accounts receivable, net, exhibited a consistent upward trend throughout the period, increasing from US$282 million in March 2021 to US$1,108 million by December 2025. This growth indicates a potential increase in credit sales or changes in collection policies.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets increased significantly from US$142 million in March 2021 to US$1,169 million by December 2025. This substantial growth warrants further investigation to understand the underlying drivers, such as increased marketing spend or investments in future services.
Long-Term Marketable Securities: Long-term marketable securities were initially absent, then appeared in September 2021 at US$554 million, increasing to US$650 million by December 2021. They fluctuated before decreasing to US$837 million by December 2025.
Non-Current Assets: Goodwill and Intangible Assets: Goodwill and intangible assets experienced the most significant changes. Goodwill increased dramatically from US$316 million in March 2021 to US$5,519 million by December 2025. Intangible assets also increased substantially, from US$70 million in March 2021 to US$2,260 million by December 2025. These increases likely reflect acquisitions or internal investments in intellectual property.
Other Assets: Other assets showed a general increasing trend, rising from US$35 million in March 2021 to US$896 million by December 2025, indicating potential investments in long-term projects or assets not categorized elsewhere.

The composition of assets shifted considerably over the period, with a growing proportion represented by non-current assets, particularly goodwill and intangible assets. This suggests a strategic focus on long-term investments and potential acquisitions. The fluctuations in cash and cash equivalents, alongside the increase in funds held at payment processors, require further analysis to assess liquidity management and operational efficiency.

DoorDash, Inc. (NASDAQ:DASH)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

DoorDash, Inc. (NASDAQ:DASH)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data