DoorDash Files 8-K: Operations, Financials, and Exhibits
Ticker: DASH · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1792789
Sentiment: neutral
Topics: operations, financials, disclosure
TL;DR
DoorDash dropped an 8-K on Feb 11th covering financials and other key updates.
AI Summary
On February 11, 2025, DoorDash, Inc. filed an 8-K report detailing recent events. The filing includes information on the company's results of operations and financial condition, as well as disclosures related to Regulation FD and other events. It also contains financial statements and exhibits.
Why It Matters
This 8-K filing provides investors with crucial updates on DoorDash's financial performance and operational status, enabling informed investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of operational and financial information, not indicating any immediate or significant new risks.
Key Players & Entities
- DoorDash, Inc. (company) — Registrant
- February 11, 2025 (date) — Date of earliest event reported
- 0001792789 (company) — Central Index Key
- DE (jurisdiction) — State of incorporation
- 1231 (date) — Fiscal year end
- 001-39759 (company) — SEC File Number
- 462852392 (company) — IRS Employer Identification No.
- 303 2nd Street , South Tower , 8th Floor San Francisco , California 94107 (address) — Principal executive offices
- 650-487-3970 (phone_number) — Business phone
FAQ
What is the primary purpose of this 8-K filing by DoorDash, Inc.?
The primary purpose is to report on DoorDash, Inc.'s results of operations and financial condition, Regulation FD disclosures, other events, and financial statements and exhibits.
On what date was the earliest event reported in this filing?
The earliest event reported in this filing was on February 11, 2025.
What is DoorDash, Inc.'s state of incorporation and fiscal year end?
DoorDash, Inc. is incorporated in Delaware (DE) and its fiscal year ends on December 31 (1231).
Where are DoorDash, Inc.'s principal executive offices located?
DoorDash, Inc.'s principal executive offices are located at 303 2nd Street, South Tower, 8th Floor, San Francisco, California 94107.
What is the SEC File Number and IRS Employer Identification Number for DoorDash, Inc.?
The SEC File Number for DoorDash, Inc. is 001-39759 and its IRS Employer Identification Number is 46-2852392.
Filing Stats: 888 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2025-02-11 16:06:57
Key Financial Figures
- $0.00001 — red Class A common stock, par value of $0.00001 per share DASH The Nasdaq Stock Market
- $5.0 b — n stock in an aggregate amount of up to $5.0 billion, which is inclusive of the remain
- $876 million — remaining share repurchase authority of $876 million under the share repurchase program that
Filing Documents
- dash-20250211.htm (8-K) — 26KB
- dashq42024ex991-pressrelea.htm (EX-99.1) — 441KB
- dashq42024ex992-shareholde.htm (EX-99.2) — 40KB
- image1611.jpg (GRAPHIC) — 5KB
- image161b.jpg (GRAPHIC) — 5KB
- image_1312.jpg (GRAPHIC) — 7KB
- image_131b.jpg (GRAPHIC) — 7KB
- tonyxu-signature.jpg (GRAPHIC) — 5KB
- 0001628280-25-004877.txt ( ) — 722KB
- dash-20250211.xsd (EX-101.SCH) — 2KB
- dash-20250211_lab.xml (EX-101.LAB) — 23KB
- dash-20250211_pre.xml (EX-101.PRE) — 13KB
- dash-20250211_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 11, 2025 , DoorDash, Inc. ("DoorDash" or the "Company") issued a press release announcing its financial results for the quarter and full year ended December 31, 2024. DoorDash also issued a Letter to Shareholders to provide additional information about DoorDash and its performance. Copies of the press release and Letter to Shareholders are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 11, 2025 , DoorDash posted supplemental investor materials on the investor relations section of its website (ir.doordash.com). DoorDash announces material information to the public about DoorDash, its products and services, and other matters through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (ir.doordash.com), its blog (doordash.news) and its X account (@DoorDash) in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD. The information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K, and Exhibit 99.1 and Exhibit 99.2 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Other Events
Item 8.01 Other Events. On February 11, 2025, DoorDash announced the authorization of a share repurchase program for the repurchase of shares of its Class A common stock in an aggregate amount of up to $5.0 billion, which is inclusive of the remaining share repurchase authority of $876 million under the share repurchase program that was previously announced by DoorDash in February 2024. The Company's board of directors expects to assess any future repurchase programs based on its balance sheet, expected free cash flow, and alternative investment opportunities at the time. Any future authorization will be approved and executed consistent with the Company's capital allocation strategy. Repurchases may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Exchange Act. DoorDash may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its Class A common stock under this authorization. DoorDash may or may not repurchase any portion of the total authorized amount, and the timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated February 11, 2025 99.2 Letter to Shareholders dated February 11, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DOORDASH INC. Date: February 11, 2025 /s/ Tony Xu Tony Xu Chief Executive Officer