Deliveroo PLC

Latest Results (15.11.2025):

In H1 2025, Deliveroo plc showcased a robust interim performance marked by broad-based growth, an acceleration in key metrics, and notable improvements in profitability, despite recording a period loss driven by exceptional acquisition-related costs. The report highlights strong top‐line growth, improved consumer engagement, and strategic progress in the DoorDash acquisition, while also providing an optimistic outlook for future performance.

Strong Top-Line Growth

Deliveroo plc delivered solid results in H1 2025 with revenue rising 9% in constant currency and orders increasing by 8%, supported by broad-based growth across key segments and verticals including restaurant, grocery, retail, and advertising. Regional performance was robust, with GTV growth of 10% in UKI and 9% in International markets.

Improved Profitability Metrics

The interim report for H1 2025 highlighted a 46% surge in adjusted EBITDA, reaching £96 million, with the margin improving to 2.5% of GTV. Despite a reported period loss of £19.2 million due to exceptional costs related to the DoorDash, Inc. acquisition, the underlying profit before deal-related charges was strong at £31.8 million, accompanied by a significant free cash flow increase to £46.3 million.

Enhanced Consumer Engagement

Deliveroo plc continued to reinforce its consumer value proposition in H1 2025. The enhancement of its CVP, including new partnerships and benefits for Plus subscribers, led to improved consumer engagement. Metrics such as average order frequency and retention trends demonstrated positive momentum across all annual cohorts.

Strategic Acquisition Progress

The report confirmed that the acquisition by DoorDash, Inc. is proceeding as planned. With shareholder approval already secured in June 2025 and regulatory processes underway, Deliveroo plc anticipates completing the transaction in Q4 2025, positioning the company for future growth and strategic opportunities.

Optimistic Future Outlook

Guidance for H1 2025 suggests growth at the higher end of the previously forecast high single-digit range for GTV in constant currency, while adjusted EBITDA is expected to be in the upper half of the previously guided range of £170-190 million. Deliveroo plc also outlined medium-term ambitions, targeting mid-teens percentage growth in GTV and an adjusted EBITDA margin improvement to 4%+.