| Net Income (Loss) per Share Attributable to DoorDash, Inc. Common Stockholders |
Net Income (Loss) per Share Attributable to DoorDash, Inc. Common Stockholders The Company computes net income (loss) per share attributable to DoorDash, Inc. common stockholders using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock and Class B common stock are identical, other than voting rights. Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net income and losses. The computation of diluted net income per share of Class A common stock for the three months ended September 30, 2024 does not assume the conversion of Class B common stock to Class A common stock because including such shares would have an anti-dilutive effect. The following table sets forth the calculation of basic and diluted net income (loss) per share attributable to DoorDash, Inc. common stockholders during the periods presented (in millions, except share amounts which are reflected in thousands, and per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2023 | | 2024 | | 2023 | | 2024 | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | | | | | | | | | | | | | | | | | Basic net income (loss) per share | | | | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | | | Net income (loss) including redeemable non-controlling interests | (70) | | | (5) | | | 151 | | | 10 | | | (380) | | | (29) | | | (21) | | | (1) | | | Less: Net loss attributable to redeemable non-controlling interests | (2) | | | — | | | (1) | | | — | | | (5) | | | — | | | (4) | | | — | | | Net income (loss) attributable to DoorDash, Inc. common stockholders | (68) | | | (5) | | | 152 | | | 10 | | | (375) | | | (29) | | | (17) | | | (1) | | | Denominator | | | | | | | | | | | | | | | | | Weighted-average number of shares outstanding used to compute basic net income (loss) per share attributable to DoorDash, Inc. common stockholders | 365,749 | | | 27,468 | | | 386,278 | | | 26,828 | | | 363,111 | | | 27,683 | | | 382,625 | | | 27,078 | | | Basic net income (loss) per share attributable to DoorDash, Inc. common stockholders | $ | (0.19) | | | $ | (0.19) | | | $ | 0.39 | | | $ | 0.39 | | | $ | (1.03) | | | $ | (1.03) | | | $ | (0.04) | | | $ | (0.04) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2023 | | 2024 | | 2023 | | 2024 | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | Class A | | Class B | | | | | | | | | | | | | | | | | | Diluted net income (loss) per share | | | | | | | | | | | | | | | | | Numerator | | | | | | | | | | | | | | | | | Net income (loss) attributable to DoorDash, Inc. common stockholders | (68) | | | (5) | | | 152 | | | 10 | | | (375) | | | (29) | | | (17) | | | (1) | | | Denominator | | | | | | | | | | | | | | | | | Weighted-average number of shares outstanding used to compute basic net income (loss) per share attributable to DoorDash, Inc. common stockholders | 365,749 | | | 27,468 | | | 386,278 | | | 26,828 | | | 363,111 | | | 27,683 | | | 382,625 | | | 27,078 | | | Weighted-average effect of potentially dilutive securities | — | | | — | | | 14,856 | | | — | | | — | | | — | | | — | | | — | | | Weighted-average number of shares outstanding used to compute diluted net income (loss) per share attributable to DoorDash, Inc. common stockholders | 365,749 | | | 27,468 | | | 401,134 | | | 26,828 | | | 363,111 | | | 27,683 | | | 382,625 | | | 27,078 | | | Diluted net income (loss) per share attributable to DoorDash, Inc. common stockholders | $ | (0.19) | | | $ | (0.19) | | | $ | 0.38 | | | $ | 0.38 | | | $ | (1.03) | | | $ | (1.03) | | | $ | (0.04) | | | $ | (0.04) | |
The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net income (loss) per share because including such shares would have an anti-dilutive effect, or the issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2023 | | 2024 | | 2023 | | 2024 | | Stock options to purchase common stock | 10,716 | | | — | | | 10,716 | | | 5,704 | | | Unvested restricted stock and restricted stock units | 40,779 | | | 11,585 | | | 40,779 | | | 32,410 | | | Escrow shares | 2,010 | | | 72 | | | 2,010 | | | 72 | | | Total | 53,505 | | | 11,657 | | | 53,505 | | | 38,186 | |
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