DoorDash (DASH) official guidance

A couple of calls ago, I mentioned that the overall new vertical portfolio is going to be gross profit positive by the end of the year.

•2026 depreciation and amortization expense of approximately $1.2 billion, inclusive of approximately $450 million of amortization of acquired intangible assets.

•2026 depreciation and amortization expense of approximately $1.2 billion, inclusive of approximately $450 million of amortization of acquired intangible assets.

| Q4 2026 | $35.4 billion - $36.4 billion | $900 million - $1,100 million |

•2026 year-end timing for merchant payments compared to the end of 2025 is expected to reduce reported 2026 Free Cash Flow by between $700 million and $800 million.

| Q4 2026 | $35.4 billion - $36.4 billion | $900 million - $1,100 million |

•2026 stock-based compensation expense of approximately $1.2 billion.

Last call, I think I mentioned the fact that we expect our overall new verticals business to be gross profit positive. We are on track for that in the second half of the year.

If you're thinking about from a modeling perspective, what I would expect for the rest of the year, I'd expect take rate to slightly be in the similar range in Q3, so flattish from Q2 to Q3 and lower in Q4.

If you're thinking about from a modeling perspective, what I would expect for the rest of the year, I'd expect take rate to slightly be in the similar range in Q3, so flattish from Q2 to Q3 and lower in Q4.

Based on our current progress, we expect Dot to deliver a high single-digit percentage of orders in our largest test market by the end of the year.

| Q3 2026 | $33.0 billion - $34.0 billion | $950 million - $1,100 million |

In H2 2026, we expect Adjusted EBITDA as a percentage of Marketplace GOV to follow a similar pattern to H2 2025, with a Q/Q increase in Q3 2026 followed by a Q/Q decline in Q4 2026.

In H2 2026, we expect Adjusted EBITDA as a percentage of Marketplace GOV to follow a similar pattern to H2 2025, with a Q/Q increase in Q3 2026 followed by a Q/Q decline in Q4 2026.

In H2 2026, we expect Adjusted EBITDA as a percentage of Marketplace GOV to follow a similar pattern to H2 2025, with a Q/Q increase in Q3 2026 followed by a Q/Q decline in Q4 2026.

| Q3 2026 | $33.0 billion - $34.0 billion | $950 million - $1,100 million |

Look, last couple of quarters, I talked about the fact that I expect overall EBITDA margins for 2026 to be slightly higher compared to 2025, excluding Roo, and Roo to produce roughly about $200 million of EBITDA.

Look, last couple of quarters, I talked about the fact that I expect overall EBITDA margins for 2026 to be slightly higher compared to 2025, excluding Roo, and Roo to produce roughly about $200 million of EBITDA.

Look, roughly the impact of that is about $50 million in Q2.

| Q2 2026 | $32.4 billion - $33.4 billion | $770 million - $870 million |