Swiggy’s Out-of-Home (OOH) consumption business, Swiggy Dineout, has officially turned profitable for the first time on a full-year basis in the 2026 fiscal year (FY26).

The dining-out vertical, which Swiggy acquired in 2022 to target out-of-home restaurant spending, generated strong growth momentum throughout the fiscal period, closing the final quarter (Q4 FY26) with a 43% year-on-year surge in Gross Order Value (GOV).

The structural turnaround of the Dineout segment plays a key role in Swiggy’s post-listing diversification strategy:

• Margin Trajectory: The dining-out vertical sustained its operational turnaround by locking in positive adjusted EBITDA margins of 0.8% of GOV for the year. This marks a significant progression from its initial quarterly breakeven milestone achieved in late FY25.
• Top-Line Contribution: Revenue from the Out-of-Home segment jumped 57.5% to reach ₹375 crore for the full year, up from ₹238 crore in FY25.
• The Subscription and Membership Tailwinds: The segment’s path to profitability was heavily accelerated by deep integration within the “Swiggy One” loyalty framework, which drove recurring restaurant bill settlements and event ticketing transactions across more than 48,000 partner restaurants.

The segment’s full-year profitability helps anchor Swiggy’s wider platform economics. In the consolidated FY26 results, Swiggy’s combined businesses outside of quick commerce—comprising core food delivery, Dineout, and platform innovations—delivered a combined profit of ₹416 crore, helping to cushion the heavy market share investments and operational losses generated by Instamart’s ongoing expansion.

Swiggy Q4 FY26 Results Discussion provides professional market analysis on Swiggy’s latest quarterly earnings report, detailing the growth performance of its food delivery and out-of-home segments alongside the competitive pressures impacting its quick commerce business.