European Investor
13 Nov 2025, 12:57
Delivery Hero posts Q3 growth as AI boosts efficiency
Delivery Hero reported Q3 2025 GMV of €12.2 billion, up 7 percent year-over-year on a like-for-like basis, while segment revenue rose 22 percent to €3.7 billion. Profitability improved with a stable gross profit margin and reduced operating costs, supported by AI-driven efficiency tools across its global tech platform. Integrated Verticals delivered its first positive quarterly adjusted EBITDA and remains on track for full-year break-even. MENA, Europe and the Americas saw continued growth, while Asia is expected to return to GMV growth in Q4 following a rebound in South Korea. The company confirmed its full-year guidance, including €900–940 million in adjusted EBITDA and over €120 million in free cash flow.
Delivery Hero reported Q3 2025 GMV of €12.2 billion, up 7 percent year-over-year on a like-for-like basis, while segment revenue rose 22 percent to €3.7 billion. Profitability improved with a stable gross profit margin and reduced operating costs, supported by AI-driven efficiency tools across its global tech platform. Integrated Verticals delivered its first positive quarterly adjusted EBITDA and remains on track for full-year break-even. MENA, Europe and the Americas saw continued growth, while Asia is expected to return to GMV growth in Q4 following a rebound in South Korea. The company confirmed its full-year guidance, including €900–940 million in adjusted EBITDA and over €120 million in free cash flow.
