Delivery Hero reports strong Q2 2025 revenue growth but cuts full-year profit outlook due to currency challenges

EUROPE – Delivery Hero has registered solid revenue growth for the second quarter of 2025 but has lowered its full-year profit outlook, citing ongoing currency headwinds impacting its financial projections.

Despite exchange rate pressures, the German online food delivery company demonstrated remarkable business expansion during the quarter.

For the three months ending June 30, 2025 (Q2 2025), Delivery Hero achieved total segment revenue of €3.7 billion (US$4.3 billion).

This represents a robust 27% year-on-year increase on a like-for-like basis, signaling sustained demand across multiple markets.

The company’s Group Gross Merchandise Value (GMV) also recorded growth, rising 11% on a like-for-like basis to reach €12.2 billion (about US$14.1 billion) in the quarter.

The GMV increase reflects higher order volumes and expanding customer engagement on Delivery Hero’s platform.

Delivery Hero attributed the lowered full-year profit outlook primarily to adverse currency movements impacting revenues and margins in several key international markets.

Currency volatility remains a critical factor given the company’s global footprint and exposure to varied economic environments.

Despite this, Delivery Hero remains optimistic about its strategic growth prospects, focusing on innovation, market penetration, and operational efficiencies to drive longer-term value creation.

Growth in emerging markets, as well as solid performance in established regions, underpin this confidence.

The company continues to invest in technology to improve user experience, streamline logistics, and enhance delivery partner engagement, ensuring competitive positioning within the dynamic food delivery sector.

Delivery Hero noted that underlying business momentum remains strong despite macroeconomic challenges, with increasing digital adoption and consumer preference shifts bolstering order frequency and transaction sizes.

Management highlighted that adapting to currency fluctuations through hedging and operational improvements is a key priority to mitigate future risks and stabilize earnings.

The Q2 2025 performance illustrates Delivery Hero’s ability to sustain growth momentum amidst external pressures, maintaining leadership in a highly competitive industry.

Looking ahead, the company plans to capitalize on trends in online food delivery and diversify its service offerings, aiming for sustainable expansion while navigating currency and market fluctuations.

Delivery Hero’s results confirm its role as a major global player in food delivery, delivering solid top-line growth while cautiously managing financial risks tied to economic volatility.

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