DoorDash, Inc., together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. It also offers membership products, including DashPass and Wolt+; DoorDash Drive and Wolt Drive, which are white-label delivery fulfillment services that enable merchants that have generated consumer demand through their channels to fulfill demand using its platform; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce; and Bbot, which offers merchants digital ordering and payment solutions for in-store and online channels. In addition, the company enables merchants to advertise and promote on its platform to acquire consumers. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. DoorDash, Inc. was founded in 2013 and is headquartered in San Francisco, California.

DoorDash, Inc.

Слабый индекс, незначительно упал. Уверенность быков остается на низком уровне.

Weak index, slightly down. Bullish confidence remains low.

Сильный индекс, незначительно упал. Медведи в растерянности.

Strong index, slightly down. The bears are confused.

Сильный индекс, незначительно вырос. Рынок не поддерживает быков.

Strong index, slightly up. The market does not support the bulls.

Сильный индекс, без изменений. Рынок на стороне медведей.

Strong index, flat. The market is on the bears' side.

Средний индекс, незначительно вырос. Приток средств в лонги остается положительным.

Medium index, slightly up. The inflow of funds into longs remains positive.

In early trading on Thursday, shares of CrowdStrike Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 15.3%. Year to date, CrowdStrike Holdings registers a 86.2% gain.
And the worst performing Nasdaq 100 component thus far on the day is DoorDash, trading down 2.9%. DoorDash is showing a gain of 1.6% looking at the year to date performance.
Two other components making moves today are Intuit, trading down 2.8%, and Palo Alto Networks, trading up 9.9% on the day.
VIDEO: Nasdaq 100 Movers: DASH, CRWD

Nasdaq 100 Movers: DASH, CRWD

In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Microchip Technology Inc (Symbol: MCHP) has taken over the #47 spot from DoorDash Inc (Symbol: DASH), according to ETF Channel. Below is a chart of Microchip Technology Inc versus DoorDash Inc plotting their respective rank within the S&P 500 over time (MCHP plotted in blue; DASH plotted in green):
Below is a three month price history chart comparing the stock performance of MCHP vs. DASH:
MCHP is currently trading down about 1%, while DASH is up about 0.8% midday Tuesday.
Further MCHP Research:

Microchip Technology Moves Up In Analyst Rankings, Passing DoorDash

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Internet Index Fund (Symbol: FDN) where we have detected an approximate $229.2 million dollar outflow -- that's a 4.1% decrease week over week (from 19,300,002 to 18,500,002). Among the largest underlying components of FDN, in trading today Booking Holdings Inc (Symbol: BKNG) is down about 0.1%, Salesforce Inc (Symbol: CRM) is off about 0.8%, and DoorDash Inc (Symbol: DASH) is up by about 1.5%. For a complete list of holdings, visit the FDN Holdings page » The chart below shows the one year price performance of FDN, versus its 200 day moving average:
Looking at the chart above, FDN's low point in its 52 week range is $224.465 per share, with $295.57 as the 52 week high point — that compares with a last trade of $287.22. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Further FDN Research:

FDN, BKNG, CRM, DASH: Large Outflows Detected at ETF

Thursday, August 20th, 2026
After yesterday’s announcement that the U.S. Treasury was adding liquidity to the long-term (30 year) bond market, we saw an immediate bump to pre-market indexes as bond yield rates dropped. In one day, that seems to have turned around: the 30-year bond is now back up to +5.25%, the 10-year at +4.71% and the 2-year +4.19%. Apply this to today’s pre-market indexes, and the results aren’t pretty: the Dow is down -440 points at this hour, the S&P 500 is -44 and the Nasdaq is -250 points.
Add to this higher spot oil prices both internationally (Brent crude is $94 per barrel [/bbl]) and domestically (WTI is $87/bbl) as the “economic D-day” is promised by the White House in its now six-month war with Iran. This helps push market futures lower with struggles in the global oil market appearing to continue. We don’t plant our seeds too deep in the soil regarding news items on the Strait of Hormuz, however; everything there is subject to change.
Weekly Jobless Claims Stay at Historic Lows
If you only read the labor market picture from Weekly Jobless Claims, you’d think we’d be having the most robust economy in a generation. Initial Claims came in below estimates at 206K, the lowest since registering 200K in the last week of July — and well off the 250K+ prints we’d seen sporadically in the past year or so, where we thought we might wind up by now. Continuing Claims ticked up to 1.799 million from an upwardly revised 1.781 million, also extremely low — we haven’t seen 1.8 million since the last week of June.
However, it seems worth pointing out that, depending on which state you live in, filing for unemployment immediately after finding yourself out of work may not make as much economic sense as picking up a gig driving for DoorDash DASH or Uber UBER. There are also a considerable amount of Baby Boomers retiring altogether from the workforce. And, as we’ve noted, we continue to be in a “low hire/low fire” labor market.
Philly Fed Highest Since Great Reopening: 47.4
After the Empire State manufacturing survey posted its highest level of the past year earlier this week, the Philly Fed manufacturing index cranked out its best performance in August since April of 2021 -- the foothills of the Great Reopening following the Covid pandemic. This follows July’s 41.4, which itself was the strongest print since November of 2021.
For some perspective, look where Philly Fed numbers were just a few years ago: nearly every month between June 2022 and February 2024 were negative. That has turned around in a big way, whether via data-center buildouts, the Chips Act, etc. We’re now up 11 of the past 14 quarters on Philadelphia-area business growth.
Earnings Results at a Glance: WMT, DE & More
Walmart WMT posted earnings of $0.81 per share versus expectations for $0.73, for an +11% positive surprise. The company also upped guidance, though rather conservatively. That said, year-over-year comps missed expectations, and shares are -7.5% on the news. Concerns regarding the shopping attitudes of its working-class base and a clear overvaluation (40x P/E) are helping prime the slide. For more on WMT’s earnings, click here.
Deere & Co. DE shares are up +1.4% in early trading, as its fiscal Q3 earnings posted a +6.5% beat: $5.10 per share versus $4.79 in the Zacks consensus. The company saw a big jump in its Construction segment (+84% — data-centers building equipment?) while also realizing $110 million in tariff refunds. For more on DE’s earnings, click here.
Advance Auto Parts AAP posted an impressive earnings beat of +27.2% this morning, but came up just shy on the revenues side and offered weaker guidance. Shares on a down morning like this are compounded: -18% at this hour. More evidence the consumer is tightening their collective belt? For more on AAP’s earnings, click here.
Meanwhile, Chinese stocks this morning have reported disappointing earnings. This goes for Alibaba BABA, NetEase NTES and Daqo Energy DQ, and all three stocks are selling off ahead of the opening bell.
Questions or comments about this article and/or author? Click here>>
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
This article originally published on Zacks Investment Research (zacks.com).

Pre-Markets Down Despite Strong Claims, Philly Fed

After yesterday’s announcement that the U.S. Treasury was adding liquidity to the long-term (30 year) bond market, we saw an immediate bump to pre-market indexes as bond yield rates dropped. In one day, that seems to have turned around: the 30-year bond is now back up to +5.25%, the 10-year at +4.71% and the 2-year +4.19%. Apply this to today’s pre-market indexes, and the results aren’t pretty: the Dow is down -440 points at this hour, the S&P 500 is -44 and the Nasdaq is -250 points.
Add to this higher spot oil prices both internationally (Brent crude is $94 per barrel [/bbl]) and domestically (WTI is $87/bbl) as the “economic D-day” is promised by the White House in its now six-month war with Iran. This helps push market futures lower with struggles in the global oil market appearing to continue. We don’t plant our seeds too deep in the soil regarding news items on the Strait of Hormuz, however; everything there is subject to change.
Weekly Jobless Claims Stay at Historic Lows
If you only read the labor market picture from Weekly Jobless Claims, you’d think we’d be having the most robust economy in a generation. Initial Claims came in below estimates at 206K, the lowest since registering 200K in the last week of July — and well off the 250K+ prints we’d seen sporadically in the past year or so, where we thought we might wind up by now. Continuing Claims ticked up to 1.799 million from an upwardly revised 1.781 million, also extremely low — we haven’t seen 1.8 million since the last week of June.
However, it seems worth pointing out that, depending on which state you live in, filing for unemployment immediately after finding yourself out of work may not make as much economic sense as picking up a gig driving for DoorDash DASH or Uber UBER. There are also a considerable amount of Baby Boomers retiring altogether from the workforce. And, as we’ve noted, we continue to be in a “low hire/no fire” labor market.
Philly Fed Highest Since Great Reopening: 47.4
After the Empire State manufacturing survey posted its highest level of the past year earlier this week, the Philly Fed manufacturing index cranked out its best performance in August since April of 2021 -- the foothills of the Great Reopening following the Covid pandemic. This follows July’s 41.4, which itself was the strongest print since November of 2021.
For some perspective, look where Philly Fed numbers were just a few years ago: nearly every month between June 2022 and February 2024 were negative. That has turned around in a big way, whether via data-center buildouts, the Chips Act, etc. We’re now up 11 of the past 14 quarters on Philadelphia-area business growth.
Earnings Results at a Glance: WMT, DE & More
Walmart WMT posted earnings of $0.81 per share versus expectations for $0.73, for an +11% positive surprise. The company also upped guidance, though rather conservatively. That said, year-over-year comps missed expectations, and shares are -7.5% on the news. Concerns regarding the shopping attitudes of its working-class base and a clear overvaluation (40x P/E) are helping prime the slide.
Deere & Co.DE shares are up +1.4% in early trading, as its fiscal Q3 earnings posted a +6.5% beat: $5.10 per share versus $4.79 in the Zacks consensus. The company saw a big jump in its Construction segment (+84% — data-centers building equipment?) while also realizing $110 million in tariff refunds.
Advance Auto Parts AAP posted an impressive earnings beat of +27.2% this morning, but came up just shy on the revenues side and offered weaker guidance. Shares on a down morning like this are compounded: -18% at this hour. More evidence the consumer is tightening their collective belt? For more on AAP’s earnings, click here.
Meanwhile, Chinese stocks this morning have reported disappointing earnings. This goes for Alibaba BABA, NetEase NTES and Daqo Energy DQ, and all three stocks are selling off ahead of the opening bell.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NetEase, Inc. (NTES) : Free Stock Analysis Report
DoorDash, Inc. (DASH) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).

Philly Fed Hits 5-Year High

DoorDash (NASDAQ: DASH) is delivering meals, but can it deliver returns to investors?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
*Stock prices used were the afternoon prices of Aug. 12, 2026. The video was published on Aug.14, 2026.
Should you buy stock in DoorDash right now?
Before you buy stock in DoorDash, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and DoorDash wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,511!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,381,960!*
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*Stock Advisor returns as of August 15, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Is DoorDash Stock an Undervalued Stock to Buy?

Key Points
Uber's fundamentals are improving, but the stock is underperforming.
Delivery services are driving the majority of Uber's growth, and its top competitor, DoorDash, carries a much higher valuation.
If Uber continues to deliver solid financial growth, the market should eventually notice and re-rate the stock.
Amid a rising stock market, Uber (NYSE: UBER) is down by about 8% year to date, but the company's fundamentals reflect a different reality. It is the leader in the ride-hailing industry, and it continues to gain market share. Furthermore, its valuation has become more compelling due to the prolonged slide it has been experiencing since last autumn.
A stock's price should not continue to drop as the company's underlying fundamentals improve. Eventually, a rally should take shape, and Uber has a few catalysts that could bring it back into the green this year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
New users are flocking to Uber
In the press release announcing Uber's Q2 results, CEO Dara Khosrowshahi said that the platform had "added more first-time users over the past 12 months than in any period over the past five years." More users translated into higher revenue growth rates, but good retention rates can give the company's recent revenue gains a solid foundation.
The company's monthly active platform consumers rose by 16% year over year, which means people who use the app are requesting rides throughout the year. That growth also came with an 18% year-over-year increase in trips.
Although Uber got its start with ride-hailing services, its food delivery business has become a major catalyst. In fact, the delivery segment drove most of the revenue growth. It was up by 28% year over year in the second quarter, while the transportation component of the app only posted 1% growth. Deliveries now make up more than one-third of total sales.
Rising profits and a falling stock price translate into a low valuation
The revenue growth has also come with rising profit margins. After being unprofitable for more than a decade, Uber started to turn a profit in 2023, and its net income has continued to climb.
Its non-GAAP (adjusted) net income, which does not reflect gains from its equity investments, was up by 29% in Q2. Its $1.6 billion in non-GAAP net income resulted in an 11.6% profit margin.
To top it all off, Uber trades at a P/E ratio of just under 17 today. Its food delivery competitor DoorDash (NASDAQ: DASH) commands a P/E ratio of around 110. Although DoorDash is growing at a faster rate than Uber, the latter is delivering higher margins. Uber may also see a long-term revenue boost once autonomous vehicles become more common on its platform.
Although Uber doesn't deserve a 110 P/E ratio, and investors can make an argument about DoorDash being overvalued, the stock's current valuation suggests that a rally may be imminent. Uber is riding long-term tailwinds that should support elevated revenue and net income in future quarters.
Should you buy stock in Uber Technologies right now?
Before you buy stock in Uber Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Uber Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $403,337!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,334,946!*
Now, it’s worth noting Stock Advisor’s total average return is 958% — a market-crushing outperformance compared to 214% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 13, 2026.
Marc Guberti has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DoorDash. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Uber Is Due for a Rally as Fundamentals Improve

Key Points
The transaction involved the disposal of 15,000 shares at $215.00 per share, totaling ~$3.2 million.
The sale reduced the insider's total equity holdings by 25%.
Activity was conducted indirectly through The AF Living Trust and involved the exercise of 15,000 options.
This routine liquidation was executed under a Rule 10b5-1 trading plan adopted on March 6, 2026.
Director Andy Fang reported a sale of 15,000 shares of Class A Common Stock in DoorDash, Inc. (NASDAQ:DASH) on August 6, 2026, according to an SEC Form 4 filing.
Transaction summary
Transaction value
$3.2 million
Shares sold
15,000
Post-transaction shares (directly held)
44,189
Post-transaction value
$9.42 million
Transaction value based on SEC Form 4 weighted average sale price ($215.00); post-transaction value based on August 06, 2026 market close ($213.26).
Key questions
How does this disposal relate to the insider's broader position?
The sale of 15,000 shares was sourced from indirect holdings in The AF Living Trust, leaving Andy Fang with 44,189 shares held directly. The insider also maintains an indirect position through AF 2025 GRAT, which holds derivative securities.
What was the pricing environment at the time of the transaction?
Shares were sold at $215.00 per share on August 6, 2026, a date when the stock had experienced a 20% decline over the preceding 12 months as of the market close. As of the August 7, 2026 market close, the stock was priced at $216.26.
What structures governed this transaction?
The disposal was a non-discretionary execution under a Rule 10b5-1 plan, which allows insiders to set up a pre-determined schedule for selling stock to avoid concerns regarding material non-public information. This specific plan was established five months prior to the trade.
What were the mechanics of the share acquisition?
The transaction involved the conversion of Class B Common Stock to Class A Common Stock on a 1:1 basis and the exercise of 15,000 options which were immediately sold.
Company Overview
Share Price (as of market close 2026-08-07)
$216.26
Market Capitalization
$93.7 billion
Revenue (TTM)
$15.9 billion
Net Income (TTM)
$840.0 million
Company Snapshot
DoorDash operates a comprehensive logistics platform that connects merchants, consumers, and delivery personnel through its primary marketplaces, DoorDash and Wolt, generating revenue through delivery services, merchant solutions, and advertising offerings.
The company generates revenue through commission-based fees on merchant transactions, delivery fees charged to consumers, advertising services for merchants, and subscription programs, while leveraging data analytics and technology infrastructure to optimize logistics operations.
DoorDash serves a diverse customer base including restaurants and retail merchants seeking customer acquisition and delivery logistics solutions, consumers seeking convenient food and goods delivery, and independent contractors (dashers) providing last-mile delivery services.
DoorDash is a leading global logistics platform with a market capitalization of $93.71 billion and TTM revenue of $15.9 billion, operating across multiple geographies through its DoorDash and Wolt marketplaces. The company's competitive advantage derives from its proprietary logistics network, data-driven matching algorithms, and integrated merchant solutions that address critical operational challenges including customer acquisition, delivery optimization, and payment processing. With 31,400 employees and a diversified revenue model spanning delivery services, advertising, and merchant tools, DoorDash maintains a significant position in the on-demand delivery and logistics sector.
What this transaction means for investors
Although the 25% reduction in Fang’s DoorDash position may seem concerning on the surface, it looks like a sale made for personal reasons.
Fang set up the sale under the Rule10b5-1 framework back in March. Insiders typically initiate such sales to avoid the appearance of acting on inside information, which should ease any possible investor concerns.
Moreover, since he kept 75% of his holdings, it is likely he remains bullish on his company’s stock. It is the leading delivery company for food and other essentials in the U.S., commanding a 67% market share versus 23% for Uber’s Uber Eats, according to Deliverect.
That positioning probably helped its top line. In the second quarter of 2026 its revenue increased by 36% year over year. Although net income for the quarter fell to $200 million from $285 million in the year-ago quarter, it is likely because the company spent more on operations to improve its business. That should boost its profitability longer term.
Additionally, analysts forecast a 30% increase in revenue for the year. Such growth should validate the case for Fang holding 75% of his shares in the consumer discretionary stock.
Should you buy stock in DoorDash right now?
Before you buy stock in DoorDash, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and DoorDash wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $399,832!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,374,595!*
Now, it’s worth noting Stock Advisor’s total average return is 968% — a market-crushing outperformance compared to 215% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 11, 2026.
Will Healy has positions in Uber Technologies. The Motley Fool has positions in and recommends DoorDash. The Motley Fool recommends Uber Technologies. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

DoorDash Director Andy Fang Sells 15,000 Shares for $3.2 Million

Lyft, Inc. (LYFT) reported second-quarter 2026 earnings of 29 cents per share, missing the Zacks Consensus Estimate of 39 cents by 25.6%. Revenues of $1.84 billion beat the consensus estimate of $1.81 billion by 1.8% and rose 16.1% year over year.
Growth was fueled by record rides and gross bookings, while Active Riders reached a record 30.5 million. Adjusted EBITDA also advanced sharply, reflecting stronger operating momentum even as marketing and administrative costs increased.
Lyft, Inc. Price, Consensus and EPS Surprise
LYFT Sees Record Ride and Booking Activity
Gross bookings were $5.50 billion in the second quarter, increasing 22.6% from $4.49 billion in the year-ago period. Rides climbed 11.8% year over year to 262.4 million, reaching a record level as growth accelerated sequentially.
The company recorded strength across Freenow by Lyft in Europe, North American rideshare and Lyft Urban Solutions. Active Riders grew 16.9% year over year, marking the seventh consecutive quarter of double-digit growth.
Lyft's Profitability Improves on Better Operating Scale
Net income increased 24.7% year over year to $50.3 million. Net income, as a percentage of gross bookings, remained unchanged at 0.9%.
Adjusted EBITDA rose 36.9% to $177.2 million from $129.4 million a year earlier. The adjusted EBITDA margin, measured as a percentage of gross bookings, expanded to 3.2% from 2.9%, highlighting improved profitability alongside the higher transaction volume.
LYFT Faces Higher Marketing and Administrative Costs
Total costs and expenses increased 13.3% year over year to $1.80 billion. Sales and marketing expenses jumped 67.6% year over year to $320.0 million, while general and administrative expenses rose 29.8% to $301.6 million.
Operations and support expenses increased 9.6% year over year to $128.7 million, and research and development costs rose 9.1% year over year to $119.2 million. Cost of revenues, however, declined about 1% to $926.4 million. Income from operations improved sharply to $47.6 million from $2.4 million in the prior-year quarter.
Lyft Maintains Strong Cash Generation
Net cash provided by operating activities totaled $349.9 million compared with $343.7 million a year ago. Free cash flow was $319.6 million, down from $329.4 million in the second quarter of 2025. On a trailing-12-month basis, free cash flow reached $1.11 billion.
Lyft ended June with cash and cash equivalents of $1.14 billion compared with $1.13 billion at the end of 2025. Long-term debt, net of the current portion, declined to $990.6 million from $1.00 billion at year-end.
LYFT Expands Partnerships and Autonomous Vehicle Reach
Partnership-linked activity continued to gain importance. Approximately 30% of North American rideshare rides were connected to a partnership during the quarter, an all-time high for the company.
In Nashville, Lyft began fleet operations with Waymo in June and is preparing to open an 80,000-square-foot autonomous vehicle depot in October. Lyft and Curb also expanded their strategic partnership into New York City, broadening transportation choices through established licensed taxi operators.
Lyft Guides for Continued Growth in Q3
For the third quarter of 2026, Lyft expects gross bookings between $5.50 billion and $5.67 billion. The range represents anticipated year-over-year growth of approximately 15% to 19%.
Adjusted EBITDA is projected to be between $183 million and $203 million. Lyft expects the adjusted EBITDA margin, calculated as a percentage of gross bookings, to range from 3.3% to 3.6%, indicating continued margin expansion at the midpoint of the outlook.
Currently, Lyft carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Q2 Performance of Some Other Stocks Belonging to LYFT's Industry
Uber TechnologiesUBER reported mixed second-quarter 2026 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the mark.
Quarterly earnings of $1.17 per share beat the Zacks Consensus Estimate of 83 cents by 41%. The figure surged 85.7% from 63 cents in the year-ago quarter. Revenues increased 12.2% year over year on a reported basis and 11% on a constant currency basis to $14.19 billion but missed the consensus estimate of $14.21 billion by 0.1%.
Adjusted EBITDA advanced 33% to $2.81 billion. Adjusted EBITDA margin as a percentage of gross bookings improved to 4.9% from 4.5%, highlighting faster earnings growth relative to platform transaction growth.
DoorDash DASH posted second-quarter 2026 earnings of 46 cents per share, down 29.2% year over year and missing the Zacks Consensus Estimate by 8%.
Revenues increased 35.6% year over year to $4.45 billion and beat the consensus mark by 3.08%. The top line benefited from higher order volume, increased average order value, and the Deliveroo acquisition. Total Orders rose 27% year over year to 970 million, while Marketplace GOV advanced 36% to $33.08 billion. Net revenue margin was 13.5%, unchanged from the year-ago quarter and up from 12.8% in the first quarter of 2026. Revenues, excluding Deliveroo, were $4.07 billion, up 24% year over year.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
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DoorDash, Inc. (DASH) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

LYFT Q2 Earnings Miss, Revenues Top Estimates on Record Rides

DoorDash DASH posted second-quarter 2026 earnings of 46 cents per share, down 29.2% year over year and missing the Zacks Consensus Estimate by 8%.
Revenues increased 35.6% year over year to $4.45 billion and beat the consensus mark by 3.08%. The top line benefited from higher order volume, increased average order value, and the Deliveroo acquisition. Total Orders rose 27% year over year to 970 million, while Marketplace GOV advanced 36% to $33.08 billion. Net revenue margin was 13.5%, unchanged from the year-ago quarter and up from 12.8% in the first quarter of 2026. Revenues, excluding Deliveroo, were $4.07 billion, up 24% year over year.
DASH's Q2 Marketplace Momentum
Total Orders growth reflected a larger consumer base and the inclusion of Deliveroo. Excluding Deliveroo, orders increased 17% year over year, indicating healthy expansion in the legacy business.
Order gains and higher average order value drove marketplace GOV growth. Excluding Deliveroo, GOV rose 23%. Currency movements added less than 1 percentage point to the reported growth rate.
DoorDash, Inc. Price, Consensus and EPS Surprise
DASH's Membership and International Progress
U.S. restaurant Marketplace GOV growth accelerated slightly, supported by strong DashPass membership. In the 12 months through the second quarter, DoorDash added more U.S. paid DashPass members than in the prior 24 months combined.
Internationally, Wolt improved cohort order rates and unit economics, while Deliveroo accelerated growth in monthly active users and Total Orders. DoorDash expects the rollout of its single global technology platform to be completed in the first half of 2027.
Merchant-service expansion also continued. New signed venues at SevenRooms more than doubled year over year, while revenues from DoorDash's digital ordering service, used by more than 150,000 merchants, increased more than 40%.
DASH Operating Details
Adjusted gross profit climbed 40.9% year over year to $2.42 billion. Adjusted gross margin expanded to 54.2% from 52.2%, showing stronger gross profitability despite the continued mix shift toward membership-driven orders.
Contribution Profit increased 43.1% year over year to $1.64 billion. Contribution margin improved to 36.8% from 34.9%, indicating better economics after direct fulfillment and sales-related costs.
Adjusted sales and marketing expenses increased 36.4% year over year to $775 million. Adjusted research and development expenses surged 66.3% year over year to $336 million, reflecting heavier product and technology investment.
Adjusted general and administrative expenses rose 34.8% year over year to $391 million. On a GAAP basis, research and development expenses jumped 52% to $535 million, while general and administrative expenses increased 39% to $538 million, weighing on reported earnings.
Adjusted EBITDA rose 39.5% year over year to $914 million, exceeding management's expectations. Adjusted EBITDA as a percentage of Marketplace GOV increased to 2.8% from 2.7% a year earlier and 2.4% in the prior quarter.
DASH's Balance Sheet and Capital Returns
As of June 30, 2026, cash and cash equivalents were $4.42 billion, while short-term investments totaled $923 million.
DoorDash generated $944 million in operating cash flow during the quarter, up 87.3% year over year. Free cash flow more than doubled to $742 million from $355 million.
Through Aug. 5, the company repurchased 6.8 million shares for $1.05 billion and had about $3.95 billion remaining under its authorization.
DoorDash’s Q3 Outlook and Investment Priorities
For the third quarter of 2026, DoorDash expects Marketplace GOV between $33 billion and $34 billion. Adjusted EBITDA is projected to be in the range of $950 million to $1.10 billion.
Management expects adjusted EBITDA as a percentage of Marketplace GOV to rise sequentially in the third quarter before declining in the fourth quarter. The anticipated fourth-quarter pressure reflects seasonally higher Dasher costs, increased insurance expenses and greater investment in the global technology platform and autonomy initiatives.
For 2026, DoorDash expects stock-based compensation expenses of approximately $1.2-$1.3 billion and depreciation and amortization expense of roughly $1.1-$1.2 billion, including about $450 million tied to acquired intangible assets.
DASH’s Zacks Rank & Stocks to Consider
DASH currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector include Applied Materials AMAT, Inuvo INUV and Analog Devices ADI. Each stock carries a Zacks Rank of 2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Applied Materials shares have gained 107.9% in the year-to-date period. Applied Materials is set to report second-quarter 2026 results on Aug. 13.
Shares of Inuvo have plunged 56% in the year-to-date period. Inuvo is set to report the second-quarter 2026 results on Aug. 11.
Shares of Analog Devices have rallied 39.3% year to date. Analog Devices is slated to report fiscal third-quarter 2026 results on Aug. 19.
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DoorDash, Inc. (DASH) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.