DoorDash Inc
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
DASH$178.25-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
| Year Ended December 31, | |||
|---|---|---|---|
| 2021 | 2022 | 2023 | |
| Cash flows from operating activities | |||
| Net loss including redeemable non-controlling interests | $(468) | $(1,368) | $(565) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | |||
| Depreciation and amortization | 156 | 369 | 509 |
| Stock-based compensation | 486 | 889 | 1,088 |
| Reduction of operating lease right-of-use assets and accretion of operating lease liabilities | 52 | 81 | 108 |
| Adjustments to non-marketable equity securities, including impairment, net | — | 303 | 101 |
| Other | 75 | 20 | 15 |
| Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions: | |||
| Funds held at payment processors | (174) | (86) | 86 |
| Accounts receivable, net | (94) | (33) | (141) |
| Prepaid expenses and other current assets | 85 | (165) | (105) |
| Other assets | (51) | (90) | (96) |
| Accounts payable | 79 | (15) | 70 |
| Accrued expenses and other current liabilities | 595 | 566 | 702 |
| Payments for operating lease liabilities | (44) | (75) | (113) |
| Other liabilities | (5) | (29) | 14 |
| Net cash provided by operating activities | 692 | 367 | 1,673 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (129) | (176) | (123) |
| Capitalized software and website development costs | (108) | (170) | (201) |
| Purchases of marketable securities | (2,344) | (1,948) | (1,946) |
| Maturities of marketable securities | 720 | 1,552 | 1,940 |
| Sales of marketable securities | 224 | 387 | 7 |
| Purchases of non-marketable equity securities | (409) | (15) | (17) |
| Net cash acquired in acquisitions | — | 71 | — |
| Other investing activities | (1) | (1) | (2) |
| Net cash used in investing activities | (2,047) | (300) | (342) |
| Cash flows from financing activities | |||
| Proceeds from exercise of stock options | 32 | 11 | 6 |
| Deferred offering costs paid | (10) | — | — |
| Repayment of convertible notes | (333) | — | — |
| Taxes paid related to net share settlement of equity awards | (172) | — | — |
| Repurchase of common stock | — | (400) | (750) |
| Other financing activities | — | 14 | (8) |
| Net cash used in financing activities | (483) | (375) | (752) |
| Foreign currency effect on cash, cash equivalents, and restricted cash | (1) | (10) | 5 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (1,839) | (318) | 584 |
| Cash, cash equivalents, and restricted cash | |||
| Cash, cash equivalents, and restricted cash, beginning of period | 4,345 | 2,506 | 2,188 |
| Cash, cash equivalents, and restricted cash, end of period | $2,506 | $2,188 | $2,772 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||
| Cash and cash equivalents | $2,504 | $1,977 | $2,656 |
| Restricted cash included in prepaid expenses and other current assets | — | — | 105 |
| Long-term restricted cash | 2 | 211 | 11 |
| Total cash, cash equivalents, and restricted cash | $2,506 | $2,188 | $2,772 |
| Supplemental disclosure of cash flow information | |||
| Cash paid for interest | $42 | $— | $— |
| Non-cash investing and financing activities | |||
| Purchases of property and equipment not yet settled | $23 | $34 | $13 |
| Stock-based compensation included in capitalized software and website development costs | $93 | $132 | $161 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.