Talabat Posts Strong Q3 2025 Growth, Net Income Up 64% Year-to-Date
Talabat has reported robust financial results for the first nine months of 2025, reflecting significant expansion across its Middle Eastern markets. The delivery platform’s net income for the period rose to $341 million, a 64 percent increase from $208 million in the same period last year, underscoring the company’s growing operational efficiency and market reach.
Quarterly results for Q3 2025 were also strong, with net income climbing 31 percent year-on-year from $91 million to $119 million. Revenue for the quarter surpassed $1 billion, up from $772 million in Q3 2024, driven by growth across both GCC and non-GCC markets, including the UAE, Kuwait, Qatar, Bahrain, Oman, Egypt, Jordan, and Iraq. Kuwait, one of Talabat’s most established markets, recorded double-digit revenue gains, reflecting steady consumer demand.
Both the Food and Grocery & Retail (G&R) segments contributed to the growth. The Food vertical expanded nearly 20 percent compared to the same quarter last year, while the G&R segment posted an even faster pace, exceeding 40 percent growth.
CEO Tomaso Rodriguez highlighted the company’s growing ecosystem, which now includes over 80,000 partners and a delivery fleet of more than 160,000 riders. These developments have enabled Talabat to provide over $560 million in partner-funded savings to customers throughout the past year, reinforcing its value proposition and enhancing the overall consumer experience.
The company’s performance in Q3 caps a strong first half of 2025, during which Talabat recorded $222 million in net income, positioning it for continued momentum as it expands services and market presence across the region.
