8/102 sources · 2 publishersUpdated Oct 29, 18:05 UTC
DoorDash posts record Q3 profit and announces agreement to acquire Instacart
DoorDash reported third‑quarter 2026 earnings, posting net income of $466 million, a 91% year‑over‑year increase, and earnings per share of $1.38. Revenue rose sharply, and the company disclosed an agreement to buy Instacart, financing the deal with a loan of up to $13 billion and a $1.25 billion breakup fee. The results sent the stock up 6.3% to $180.19.
Why it matters
The profit surge shows DoorDash’s growing profitability, which may support a higher valuation, as reflected in the share price jump. The Instacart deal could broaden DoorDash’s grocery footprint, but the large loan and potential regulatory hurdle add financing risk.
Key facts
- 1EPS for Q3 2026 was $1.38 per share. news.alphastreet.com
- 2Net income attributable to common stockholders was $466 million. ppc.land
- 3Revenue for Q3 2026 was reported as $1.09 billion. news.alphastreet.com
- 4Revenue for Q3 2026 was reported as $4,616 million. ppc.land
- 5Shares rose 6.3% to $180.19 after the release. news.alphastreet.com
- 6DoorDash agreed to acquire Instacart, arranging a loan of up to $13 billion and a $1.25 billion breakup fee. ppc.land
Open questions
- Revenue figure conflict: $1.09 billion vs $4,616 million for the same quarter.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.