Talabat reported Q1 2026 revenue of USD 1.0 billion (up 23% y/y) and Gross Merchandise Value (GMV) of USD 2.7 billion (up 19% y/y), driven by strong customer acquisition and "eat-at-home" consumption patterns.
The company increased its full-year 2026 net income guidance by USD 20 million to a range of USD 300-330 million while reaffirming outlooks for GMV growth (11-14%) and Adjusted EBITDA (USD 510-540 million).

Net income for the quarter was USD 87 million, an 18% year-on-year decrease attributed to deliberate margin investments under the USD 120 million "Everyday App" strategic program.

Talabat expects to commence its recently approved share buyback program of up to 5% of issued share capital soon after these results, alongside its 90% dividend payout ratio policy.

Loading PDF preview...

Attachments

20260512 Talabat Q1 26 Results Press Release En.Pd

TALABAT