# Delivery Hero Raises Outlook After First Billion-Order Quarter

The delivery company increased its annual growth, adjusted earnings and cash-flow forecasts following faster third-quarter expansion.

By Will Langan | 24X7 News
Published: 2026-10-28T08:08:21.534Z
Updated: 2026-10-28T08:08:21.534Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/delivery-hero-billion-orders-outlook-october-28-2026

Delivery Hero raised its full-year forecasts on October 28 after reporting its first quarter with more than one billion orders.

The Berlin-based company said third-quarter orders reached 1.001 billion, an 11.5% like-for-like increase. Gross merchandise value, the value of transactions through its business, rose 13.6% on that basis to €13.9 billion. Revenue grew 22% like-for-like to €4.3 billion.

Delivery Hero now expects 2026 gross merchandise value growth of 10%–12%, compared with 9%–11% previously. It raised its revenue growth range to 18%–20% from 17%–19%.

The company also increased its adjusted earnings before interest, taxes, depreciation and amortization forecast to €980 million–€1.020 billion, from €960 million–€1 billion. Its free cash flow target rose to more than €300 million from more than €250 million.

The cash-flow outlook excludes extraordinary acquisition proceeds and certain legal payments. Delivery Hero’s like-for-like growth measures adjust for currency, changes in business scope and hyperinflation accounting.

Source: Delivery Hero, Third-Quarter Trading Update, October 28, 2026.

## Sources
- Delivery Hero — Third-Quarter 2026 Trading Update: https://www.deliveryhero.com/newsroom/delivery-hero-hits-one-billion-orders-in-q3-as-growth-accelerates-further-raises-full-year-guidance/