DoorDash, Inc. filed a Current Report on Form 8-K with the SEC on October 29, 2026, announcing its financial results for the third quarter ended September 30, 2026, alongside a definitive agreement to acquire Instacart for $65.00 per share.

Key Highlights

  • Record quarterly net income: GAAP net income attributable to DoorDash, Inc. common stockholders rose 91% year-over-year to $466 million in Q3 2026.
  • Revenue up 34% Y/Y: Total revenue reached $4.6 billion for the quarter ended September 30, 2026.
  • Marketplace GOV hit $33.9 billion: Gross Order Value increased 36% year-over-year, a new quarterly record according to the filing.
  • Total Orders reached 993 million: Up 28% year-over-year, also a new quarterly record per the filing.
  • Adjusted EBITDA increased 41% Y/Y: Reaching $1,060 million, representing 3.1% of Marketplace GOV.
  • Instacart acquisition announced: DoorDash disclosed a definitive agreement to acquire Maplebear Inc. ("Instacart") for $65.00 per share, payable in at least 75% cash and up to 25% DoorDash common stock, subject to election and proration mechanics.

DoorDash Q3 2026 Financial Results and Instacart Acquisition Disclosure

According to the filing, DoorDash (NASDAQ:DASH) reported new quarterly records across Marketplace GOV, revenue, and net income for the third quarter of 2026. Total Orders grew 28% year-over-year to 993 million, while Marketplace GOV increased 36% year-over-year to $33.9 billion. Revenue rose 34% year-over-year to $4.6 billion, and GAAP gross profit reached $2,311 million, or 6.8% of Marketplace GOV, consistent with the prior-year quarter's margin.

The filing noted that, excluding the impact of Deliveroo, Total Orders grew 17% year-over-year, Marketplace GOV grew 23% year-over-year, and revenue grew 23% year-over-year in Q3 2026. The company disclosed that beginning in Q4 2026 it intends to stop reporting results excluding Deliveroo, as that quarter will represent the anniversary of the acquisition. In the U.S. restaurant category, the filing reported that quarter-over-quarter Marketplace GOV growth in Q3 2026 was faster than in any third quarter since Q3 2020. The company also disclosed that restaurant reservations through its U.S. marketplace grew over 340% quarter-over-quarter in existing geographies during Q3 2026, with more than 10% of reservations coming from consumers who were new to DoorDash in the quarter.

Separately, the filing disclosed a definitive agreement to acquire Maplebear Inc. ("Instacart") at $65.00 per share, payable in at least 75% cash and up to 25% DoorDash common stock, subject to election and proration mechanics. The company characterized the combination as enabling the two companies to "build the next generation of tools and services that will empower local merchants to thrive, provide more choice for consumers, and generate more opportunity for Dashers and shoppers." The filing was signed by Tony Xu, Chief Executive Officer. The filing checks the box for written communications pursuant to Rule 425 under the Securities Act.

What Was Disclosed

DoorDash filed an 8-K on October 29, 2026, reporting Q3 2026 financial results including record Marketplace GOV of $33.9 billion, revenue of $4.6 billion, net income of $466 million, and Adjusted EBITDA of $1,060 million, along with a definitive agreement to acquire Instacart at $65.00 per share.