Delivery Hero Enhances 2026 Projections Amid Growth Surge

Delivery Hero, a leader in local delivery services, has updated its full-year 2026 financial guidance, reflecting robust growth driven by its Everyday App strategy. In Q2 2026, the Group's Gross Merchandise Value (GMV) surged by 11.3% year-over-year to €13.2 billion, outpacing Q1's 8.8% growth, while revenue climbed 17.7% to €4.0 billion.

Profitability also improved, with H1 adjusted EBITDA at €427 million, marking a 3.9% increase. The free cash flow rose sharply to €348 million from a deficit in the previous year. Led by CEO Niklas Östberg, Delivery Hero continues to leverage Quick Commerce and Dmarts to fuel growth, with the latter seeing a 39% increase in orders.

Financial projections for 2026 have been revised, with expectations of a 9-11% GMV increase and revenue growth between 17-19%. This strong financial performance underpins a voluntary takeover offer from Uber valued at €41.50 per share, anticipated to conclude in 2027.