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Side-by-side financial comparison of DoorDash (DASH) and State Street Corporation (STT). Click either name above to swap in a different company.

DoorDash is the larger business by last-quarter revenue ($4.0B vs $3.7B, roughly 1.1× State Street Corporation). State Street Corporation runs the higher net margin — 20.4% vs 5.4%, a 15.0% gap on every dollar of revenue. On growth, DoorDash posted the faster year-over-year revenue change (37.7% vs 7.5%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $367.0M). Over the past eight quarters, DoorDash's revenue compounded faster (25.5% CAGR vs 8.1%).

DoorDash, Inc. is an American company operating online food ordering and food delivery. It trades under the symbol DASH. With a 56% market share, DoorDash is the largest food delivery platform in the United States. It also has a 60% market share in the convenience delivery category. As of December 31, 2020, the platform was used by 450,000 merchants, 20 million consumers, and had over one million delivery couriers.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

DASH vs STT — Head-to-Head

Bigger by revenue
DASH
DASH
1.1× larger
DASH
$4.0B
$3.7B
STT
Growing faster (revenue YoY)
DASH
DASH
+30.2% gap
DASH
37.7%
7.5%
STT
Higher net margin
STT
STT
15.0% more per $
STT
20.4%
5.4%
DASH
More free cash flow
STT
STT
$9.4B more FCF
STT
$9.8B
$367.0M
DASH
Faster 2-yr revenue CAGR
DASH
DASH
Annualised
DASH
25.5%
8.1%
STT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DASH
DASH
STT
STT
Revenue
$4.0B
$3.7B
Net Profit
$213.0M
$747.0M
Gross Margin
Operating Margin
3.7%
25.0%
Net Margin
5.4%
20.4%
Revenue YoY
37.7%
7.5%
Net Profit YoY
51.1%
-4.6%
EPS (diluted)
$0.49
$2.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DASH
DASH
STT
STT
Q4 25
$4.0B
$3.7B
Q3 25
$3.4B
$3.5B
Q2 25
$3.3B
$3.4B
Q1 25
$3.0B
$3.3B
Q4 24
$2.9B
$3.4B
Q3 24
$2.7B
$3.3B
Q2 24
$2.6B
$3.2B
Q1 24
$2.5B
$3.1B
Net Profit
DASH
DASH
STT
STT
Q4 25
$213.0M
$747.0M
Q3 25
$244.0M
$861.0M
Q2 25
$285.0M
$693.0M
Q1 25
$193.0M
$644.0M
Q4 24
$141.0M
$783.0M
Q3 24
$162.0M
$730.0M
Q2 24
$-157.0M
$711.0M
Q1 24
$-23.0M
$463.0M
Operating Margin
DASH
DASH
STT
STT
Q4 25
3.7%
25.0%
Q3 25
7.5%
31.1%
Q2 25
5.0%
25.8%
Q1 25
5.1%
25.0%
Q4 24
4.1%
28.1%
Q3 24
4.0%
28.4%
Q2 24
-7.6%
28.6%
Q1 24
-2.4%
19.1%
Net Margin
DASH
DASH
STT
STT
Q4 25
5.4%
20.4%
Q3 25
7.1%
24.3%
Q2 25
8.7%
20.1%
Q1 25
6.4%
19.6%
Q4 24
4.9%
22.9%
Q3 24
6.0%
22.4%
Q2 24
-6.0%
22.3%
Q1 24
-0.9%
14.8%
EPS (diluted)
DASH
DASH
STT
STT
Q4 25
$0.49
$2.41
Q3 25
$0.55
$2.78
Q2 25
$0.65
$2.17
Q1 25
$0.44
$2.04
Q4 24
$0.35
$2.43
Q3 24
$0.38
$2.26
Q2 24
$-0.38
$2.15
Q1 24
$-0.06
$1.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DASH
DASH
STT
STT
Cash + ST InvestmentsLiquidity on hand
$4.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$10.0B
$27.8B
Total Assets
$19.7B
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DASH
DASH
STT
STT
Q4 25
$4.4B
Q3 25
$3.3B
Q2 25
$3.9B
Q1 25
$4.5B
Q4 24
$4.0B
Q3 24
$3.7B
Q2 24
$3.4B
Q1 24
$3.1B
Stockholders' Equity
DASH
DASH
STT
STT
Q4 25
$10.0B
$27.8B
Q3 25
$9.5B
$27.6B
Q2 25
$8.9B
$27.3B
Q1 25
$8.4B
$26.7B
Q4 24
$7.8B
$25.3B
Q3 24
$7.6B
$25.8B
Q2 24
$7.2B
$24.8B
Q1 24
$7.0B
$24.4B
Total Assets
DASH
DASH
STT
STT
Q4 25
$19.7B
$366.0B
Q3 25
$18.0B
$371.1B
Q2 25
$16.9B
$376.7B
Q1 25
$13.6B
$372.7B
Q4 24
$12.8B
$353.2B
Q3 24
$12.3B
$338.5B
Q2 24
$11.8B
$325.6B
Q1 24
$11.4B
$338.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DASH
DASH
STT
STT
Operating Cash FlowLast quarter
$421.0M
$10.0B
Free Cash FlowOCF − Capex
$367.0M
$9.8B
FCF MarginFCF / Revenue
9.3%
266.6%
Capex IntensityCapex / Revenue
1.4%
7.3%
Cash ConversionOCF / Net Profit
1.98×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$2.2B
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DASH
DASH
STT
STT
Q4 25
$421.0M
$10.0B
Q3 25
$871.0M
$7.9B
Q2 25
$504.0M
$-8.4B
Q1 25
$635.0M
$2.4B
Q4 24
$518.0M
$-7.4B
Q3 24
$531.0M
$2.7B
Q2 24
$530.0M
$-7.6B
Q1 24
$553.0M
$-844.0M
Free Cash Flow
DASH
DASH
STT
STT
Q4 25
$367.0M
$9.8B
Q3 25
$808.0M
$7.7B
Q2 25
$438.0M
$-8.8B
Q1 25
$561.0M
$2.2B
Q4 24
$486.0M
$-7.7B
Q3 24
$499.0M
$2.5B
Q2 24
$507.0M
$-7.9B
Q1 24
$536.0M
$-1.1B
FCF Margin
DASH
DASH
STT
STT
Q4 25
9.3%
266.6%
Q3 25
23.4%
216.0%
Q2 25
13.3%
-254.1%
Q1 25
18.5%
66.1%
Q4 24
16.9%
-225.1%
Q3 24
18.4%
75.9%
Q2 24
19.3%
-246.2%
Q1 24
21.3%
-34.2%
Capex Intensity
DASH
DASH
STT
STT
Q4 25
1.4%
7.3%
Q3 25
1.8%
6.9%
Q2 25
2.0%
9.3%
Q1 25
2.4%
6.9%
Q4 24
1.1%
7.3%
Q3 24
1.2%
7.2%
Q2 24
0.9%
6.7%
Q1 24
0.7%
7.3%
Cash Conversion
DASH
DASH
STT
STT
Q4 25
1.98×
13.44×
Q3 25
3.57×
9.18×
Q2 25
1.77×
-12.18×
Q1 25
3.29×
3.72×
Q4 24
3.67×
-9.49×
Q3 24
3.28×
3.71×
Q2 24
-10.75×
Q1 24
-1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DASH
DASH

Segment breakdown not available.

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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