Oct 29, 8:25 AM ET
On October 28, 2026, DoorDash agreed to acquire Instacart (Maplebear Inc.) in a deal valued at about $17 billion, or $65.00 per Instacart share. Instacart stockholders can elect cash, DoorDash stock, or a mix, with stock capped at 25% of the aggregate consideration, so the deal is at least 75% cash. The transaction is expected to close in late 2027 or the first half of 2028, subject to Instacart stockholder approval and regulatory clearances.
- Instacart holders can elect $65.00 in cash, 0.3372 DoorDash Class A shares, or $48.75 in cash plus 0.0843 shares; the $65.00 value is a 26% premium to Instacart's October 22, 2026 close
- Instacart must pay a $650 million termination fee in specified circumstances; DoorDash must pay $1.25 billion if antitrust issues block the deal after the Outside Date
- DoorDash plans to fund the cash portion with cash on hand and debt, backed by a 364-day bridge loan commitment from JPMorgan Chase Bank, N.A.; the deal has no financing condition
- Stockholders holding about 19% of Instacart's outstanding shares have agreed to vote in favor; the deal requires HSR, Canadian and Israeli approvals
Read the filing on SEC.gov ↗
Oct 29, 7:21 AM ET
DoorDash reported third-quarter 2026 financial results with marketplace GOV of $33.9 billion and GAAP net income of $466 million. Additionally, the company announced a definitive agreement to acquire Instacart for $65.00 per share, representing an equity value of approximately $17 billion. DoorDash also issued financial guidance for the fourth quarter of 2026.
- Total orders increased 28% year-over-year to 993 million in Q3 2026.
- GAAP net income attributable to common stockholders reached $466 million in Q3 2026.
- DoorDash agreed to acquire Instacart for $65.00 per share in a transaction valued at approximately $17 billion.
- Q4 2026 marketplace GOV is projected to be between $35.4 billion and $36.4 billion.
Read the filing on SEC.gov ↗
Aug 5, 4:12 PM ET
DoorDash reported second-quarter 2026 results on August 5, 2026. Revenue rose 36% year over year to $4.5 billion, and Adjusted EBITDA rose 40% to $914 million, but GAAP net income attributable to common stockholders fell 30% to $200 million; the company said excluding Deliveroo, revenue rose 24%. The company also guided to third-quarter 2026 Adjusted EBITDA of $950 million to $1.1 billion.
- Revenue rose 36% year over year to $4.5 billion; Total Orders rose 27% to 970 million, or 17% excluding Deliveroo.
- GAAP net income attributable to common stockholders fell 30% year over year to $200 million, while Adjusted EBITDA rose 40% to $914 million.
- Q3 2026 outlook: Marketplace GOV of $33.0 billion to $34.0 billion and Adjusted EBITDA of $950 million to $1.1 billion.
- As of August 5, 2026, about $3.95 billion remained under the stock repurchase authorization, after 6.8 million shares were bought year to date for $1.05 billion.
Read the filing on SEC.gov ↗
May 6, 4:10 PM ET
DoorDash reported first-quarter 2026 revenue up 33% year over year to $4.0 billion and Adjusted EBITDA up 28% to $754 million, while GAAP net income attributable to common stockholders fell 5% to $184 million. The company guided second-quarter 2026 Adjusted EBITDA to $770 million to $870 million and Marketplace GOV to $32.4 billion to $33.4 billion, and it expects to spend over $50 million on its Dasher gas relief program in the quarter.
- Q1 2026 revenue $4.0 billion, up 33% Y/Y; Marketplace GOV $31.6 billion, up 37% Y/Y
- GAAP net income $184 million, down from $193 million in Q1 2025 and $213 million in Q4 2025
- Q2 2026 guidance: Adjusted EBITDA $770 million to $870 million; Marketplace GOV $32.4 billion to $33.4 billion
- Company repurchased $205 million of Class A stock year to date through May 5, with about $4,795 million remaining under its authorization
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.