Wolt's Losses Deepen to 644 Million Euros, But Figures Don't Reflect Profitability

Delivery service company Wolt reported a substantial increase in its operating loss for 2025, reaching 644 million euros. This figure contrasts with its revenue of 245 million euros for the same period, meaning the operating loss was equivalent to 263% of its turnover.

The financial details, submitted to the Finnish Patent and Registration Office, show a significant jump from the previous year. In 2024, Wolt's operating loss stood at 641 million euros, with revenues at 140 million euros. Although the revenue saw a considerable increase from 2024 to 2025, the losses have deepened.

These mounting losses mean Wolt is unlikely to pay corporate taxes in Finland for a considerable time. However, the company's parent, DoorDash, is actively financing Wolt's extensive expansion efforts across more than 30 countries. This strategy suggests that the current financial figures are not indicative of the company's long-term profitability but rather reflect its aggressive growth phase.

In a separate note, a Wolt delivery robot was observed crossing a pedestrian crossing at the intersection of Työpajankatu and Tynnyrintekijänkatu in Helsinki on August 18, 2026.