Stock Analysis on Net

DoorDash, Inc. (NASDAQ:DASH)

$24.99

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

DoorDash, Inc., consolidated statement of comprehensive income

US$ in millions

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12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income (loss) including redeemable non-controlling interests
Change in foreign currency translation adjustments
Change in unrealized gains and losses on marketable securities
Other
Other comprehensive income (loss), net of tax
Comprehensive loss including redeemable non-controlling interests
Comprehensive loss attributable to redeemable non-controlling interests
Comprehensive loss attributable to DoorDash, Inc. common stockholders

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


The financial data reveals fluctuations in profitability and comprehensive income over the five-year period. The net income (loss) figures show significant volatility, with losses recorded in the initial four years followed by a positive net income in the latest period.

Net Income (Loss) Including Redeemable Non-Controlling Interests (US$ in millions)
The company reported a net loss in 2020 and 2021 of approximately -461 million and -468 million, respectively. This loss deepened considerably in 2022 to -1,368 million, indicating increased financial challenges or investments during that year. However, a marked improvement occurred in 2023, with the net loss narrowing to -565 million and turning positive in 2024, reaching 117 million, suggesting a turnaround in operational or financial performance.
Other Comprehensive Income (Loss), Net of Tax (US$ in millions)
This component showed negative values at -4 million in 2021 and a deeper loss of -30 million in 2022. In 2023, there was a substantial positive adjustment of 106 million, followed by a significant reversal to a loss of -180 million in 2024. The volatility in this category appears to be influenced primarily by foreign currency translation adjustments and unrealized gains/losses on marketable securities, which fluctuated considerably across the years.
Change in Foreign Currency Translation Adjustments (US$ in millions)
Fluctuations in foreign currency adjustments ranged from a minimal effect in 2020 and 2021 to a negative 16 million in 2022, a positive 84 million in 2023, and a substantial negative 182 million in 2024. These swings suggest exposure to foreign exchange risk and variability in the impact of currency translation on financial results.
Change in Unrealized Gains and Losses on Marketable Securities (US$ in millions)
The adjustments associated with marketable securities were modest, with losses of 4 million in 2021 and 16 million in 2022, turning positive to a gain of 21 million in 2023 and no reported value in 2024. This indicates some recovery in securities valuation in the more recent period.
Comprehensive Loss Including Redeemable Non-Controlling Interests (US$ in millions)
Comprehensive loss widened from -461 million in 2020 to -472 million in 2021 and further to -1,398 million in 2022, mirroring the net income trends. A notable improvement occurred in 2023, with the loss narrowing to -459 million, and an even smaller loss of -63 million in 2024. This points to a gradual reduction in overall comprehensive losses, aligning with the eventual positive net income reported in 2024.
Comprehensive Loss Attributable to DoorDash, Inc. Common Stockholders (US$ in millions)
This loss followed a similar pattern as the overall comprehensive loss, recording -461 million in 2020, -472 million in 2021, and a significant increase in loss to -1,394 million in 2022. Subsequent periods show a reduction in losses to -452 million in 2023 and -57 million in 2024, reinforcing the trend of improving financial health from 2022 onward.

In summary, the data indicates that the company faced increasing net and comprehensive losses through 2022, followed by a notable recovery that culminated in positive net income and significantly reduced comprehensive loss by 2024. Currency translation effects and marketable securities valuations contributed to volatility in other comprehensive income, reflecting external market and foreign exchange influences on financial results.