talabat reported strong financial results for 2025, with gross merchandise value rising 28% at constant currency to USD 9.5 billion and revenue increasing 33% to USD 3.9 billion. Adjusted EBITDA reached USD 615 million, while net income totalled USD 464 million, reflecting one of the highest margin profiles in the sector.
Growth was driven by strong order volumes and accelerated expansion in the groceries and retail segment, which now accounts for nearly one-third of total GMV. The company also reported solid momentum in its talabat pro subscription programme across eight markets.
For 2026, talabat has earmarked more than USD 100 million to scale talabat mart, its grocery vertical, and enhance its loyalty ecosystem, while maintaining a dividend policy of 90% of net income.
Gulf Economist Staff Writer