DoorDash, Inc. Class A Common Stock (DASH)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	123,000	-558,000	-1,368,000	-468,000	-461,000
Revenue	US$ in thousands	10,722,000	8,635,000	6,583,000	4,888,000	2,886,000
Net profit margin		1.15%	-6.46%	-20.78%	-9.57%	-15.97%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $123,000K ÷ $10,722,000K
= 1.15%

The net profit margin of DoorDash, Inc. Class A Common Stock has exhibited notable fluctuations from December 31, 2020, through December 31, 2024. In 2020, the company reported a negative net profit margin of -15.97%, indicating it was incurring losses relative to its revenue. The loss narrowed somewhat in 2021, with the margin improving to -9.57%, though it still remained in negative territory. However, in 2022, the net profit margin worsened significantly to -20.78%, reflecting an increase in losses relative to revenue. By 2023, the margin improved again, but still remained negative at -6.46%, signifying a reduction in losses compared to prior years. Notably, in 2024, the company's net profit margin turned positive, reaching 1.15%, which indicates that DoorDash achieved profitability for that fiscal year. Overall, the trend indicates a transition from persistent losses toward profitability, with a particularly noteworthy improvement in 2024, suggestive of enhanced operational efficiency or revenue growth outpacing expenses.