Dutch Online Supermarket Picnic Reaches Profitability Milestone in Home Market Despite €272 Million Net Loss
The Dutch online supermarket Picnic achieved a positive EBITDA of €4 million and positive operating cash flow in the Netherlands for the first time, while its overall 2025 results showed a net loss of €272 million due to continued investment in growth, including new distribution centres in Germany. Revenue grew 24% to €1.9 billion and the company now serves 3.6 million customers across the Netherlands, Germany and France.
