Dubai – Mubasher: Talabat Holding generated lower net profits at $86.62 million in the first quarter (Q1) of 2026 when compared to $103.29 million in Q1-25.
The revenues climbed by 23% to $1.04 billion in Q1-26 from $833.62 million a year earlier, according to the consolidated interim financial results.
Basic and dilute earnings per share (EPS) fell to $0.37 as of 31 March 2026 from $0.44 in the year-ago period.
During the first three months (3M) of 2026, Talabat advanced its investment program, deploying close to $25 million in operating, capital, and lease expenses across the above focus areas.
Talabat’s CEO, Toon Gyssels, commented: “We delivered a strong start to the year, with performance ahead of expectations, underpinned by disciplined execution and the strength of our multi-vertical model.”
Gyssels added: “Our strategy remains clear, and we are fully committed to progressing with our investment plan announced earlier this year. We are confident in our ability to be the app that consumers rely on every day and one that, in the process, also delivers sustainable growth and attractive returns for shareholders.”
As of 31 December 2025, Talabat registered net profits after tax valued at $605.59 million.
