The above graph represents the Grubhub revenue by quarter, starting from fiscal Q1 2013 to the recently completed quarter. The food delivery firm reported its highest-ever quarterly revenue of $362.98 million in Q1 2020, with nearly 12.1% YoY growth. Surprisingly, this was the lowest year-over-year growth recorded by the Grubhub Inc in the last 8 years. On a quarterly basis, Grubhub revenue in Q1 2020 increased 6.36% from $341.3 million in Q4 2019.
Grubhub Quarterly Revenue: History
|Source||Grubhub Quarterly Reports, SEC Filings|
|Note||Grubhub fiscal year starts from January 1st|
As the graph shows, in fiscal Q1 2014 Grubhub quarterly revenue crossed $50 million mark for the first time. The company reported an astonishing 127.2% YoY growth in revenue, amounting to $58.61 million.
Interestingly, in just two years, the food delivery company doubled its quarterly revenue; about $112.24 million in revenue was generated in Q1 2016, with an appreciable 27.2% YoY growth. This was also the first time when the quarterly revenue crossed $100 million milestone.
In fiscal Q1 2019, the quarterly revenue of Grubhub surpassed $300 million mark for the first time, with a strong 39.2% YoY growth. The growth was primarily led by the growth in active Diners and Daily average grubs.
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