HelloFresh Reports Q3 2026 Financial Results

HelloFresh reported Q3 2026 revenue of €1.4 billion, down 9.8% year over year (11.3% at constant currency). It cut marketing spending by 24% to protect unit economics and improve profitability, affecting new customer acquisition. Adjusted EBITDA increased to €54.4 million from €40.3 million a year earlier, while Ready-to-Eat reached adjusted EBITDA break-even. The company reaffirmed 2026 guidance for a 9%–11% constant-currency revenue decline and adjusted EBITDA of €350 million–€370 million.