Talabat has reported impressive financial results for the first nine months of 2025, recording a 64% year-on-year increase in net income, which climbed to $341 million from $208 million in the prior year.
The delivery company’s management revenues also experienced a substantial boost, reaching $2.83 billion by the end of September 2025. This figure represents a 33% increase from $2.13 billion the previous year, showcasing the company’s robust revenue-generating capabilities. Such growth is indicative of Talabat’s expanding market presence and operational effectiveness in the Middle East.
This strong performance continued to be driven by top-line growth across both GCC markets (UAE, Kuwait, Qatar, Bahrain and Oman) and non-GCC markets (Egypt, Jordan and Iraq). Kuwait, one of the company’s most mature markets, had double-digital growth.
Both Food and Grocery & Retail (G&R) verticals performed well, with the Food vertical increasing by nearly 20% year-on-year this quarter, while the G&R vertical grew even faster, exceeding a 40% rise.
Analysing Q3 2025 results, Talabat’s net income rose by 31% compared to the same period last year, jumping from $91 million to $119 million. Quarterly revenues surged to $1 billion, significantly up from $772 million.
Talabat’s CEO Tomaso Rodriguez highlighted the company’s expanding ecosystem, which now includes over 80,000 partners and a delivery fleet exceeding 160,000 riders. He emphasised these advancements have enabled the company to offer more than $560 million in partner-funded savings to its customers over the past year, enhancing the consumer experience.
In the first half of 2025, Talabat registered a net income of $222 million, which represented a 90% rise compared to the same period in 2024.
