HelloFresh Q3 Revenue Falls 9.8% as Adjusted EBITDA Rises
HelloFresh reported Q3 2026 revenue of €1.4 billion, down 9.8% year over year and 11.3% at constant currency. Adjusted EBITDA increased to €54.4 million from €40.3 million; Ready-to-Eat reached adjusted EBITDA break-even. The company reaffirmed its 2026 guidance.
HelloFresh SE reported third-quarter 2026 revenue of €1.4 billion, representing a 9.8% decline year-over-year, or 11.3% on a constant-currency basis. The company intentionally reduced marketing spending by 24% to protect unit economics and improve profitability, which impacted new customer acquisition. Despite the revenue decline, adjusted EBITDA rose to €54.4 million from €40.3 million in the prior-year period, and the Ready-to-Eat business reached adjusted EBITDA break-even for the quarter. HelloFresh reaffirmed its full-year 2026 guidance, expecting a constant-currency revenue decline of 9% to 11% and adjusted EBITDA between €350 million and €370 million.