GrubHub

Food & Beverage Technology consumer web delivery on demand restaurant

GrubHub is a web and mobile company where users can enter their address to find all of the restaurants that deliver to their location or offer pickup. People can order online or over the phone. The Company has a customer service team operating 24/7, and there's always someone watching every online order that goes through to make sure people get exactly what they ordered. People can browse and compare menus options and prices, view delivery hours, read reviews placed by other GrubHub users, and take advantage of coupons. People can also store favorite menus, record past orders, write reviews, and leave notes for delivery drivers on how to access their building.

Company Growth (employees)

Type

Public

Chicago, US

Founded

2004

Size (employees)

1,518 (est)+38%

Website

grubhub.com

GrubHub was founded in 2004 and is headquartered in Chicago, US

Key People at GrubHub

Matt Maloney

CEO

GrubHub Office Locations

GrubHub has offices in Chicago, Philadelphia, New York, Minneapolis and in 8 other locations

Chicago, US (HQ)

111 W. Washington St.

Show all (12)

GrubHub Data and Metrics

GrubHub Financial Metrics

GrubHub's revenue was reported to be $156.1 m in Q1, 2017

Summary

USD

GrubHub's current market capitalization is $4 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Revenue	253.9 m	361.8 m	493.3 m
Revenue growth, %		43%	36%
Cost of goods sold	62.5 m	107.4 m	171.8 m
Gross profit	191.4 m	254.4 m	321.6 m
Gross profit Margin, %	75%	70%	65%
Sales and marketing expense	66.2 m	91.2 m	110.3 m
R&D expense	25.2 m	32.8 m	42.5 m
General and administrative expense	32.3 m	40.5 m	49.8 m
Operating expense total	208.9 m	299.9 m	409.5 m
Depreciation and amortization	22.7 m	28 m	35.2 m
Pre tax profit	45 m	61.9 m	83.9 m
Income tax expense	20.7 m	23.9 m	34.3 m
Net Income	24.3 m	38.1 m	49.6 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	60 m	61.9 m	88.2 m	88 m	85.7 m	112.2 m	120.2 m	123.5 m	156.1 m
Sales and marketing expense	16.2 m	14.9 m	24.1 m	20.7 m	21.4 m	28.8 m	25.4 m	26.5 m	35.4 m
General and administrative expense	8.6 m	8.1 m	9.1 m	9.7 m	10.2 m	13.6 m	12.2 m	11.8 m	13 m
Operating expense total	24.8 m	23 m	33.2 m	30.4 m	31.6 m	42.4 m	37.5 m	38.3 m	48.4 m
Pre tax profit	8.8 m	11.7 m	18.4 m	16.2 m	11.7 m	17.3 m	22.5 m	20.8 m	25 m
Income tax expense	6.1 m	5.3 m	7.9 m	6.8 m	4.8 m	7.4 m	9.7 m	7.6 m	7.3 m
Net Income	2.7 m	6.5 m		9.4 m	6.9 m

Source: SEC Filings

Balance Sheet

Annual

USD	Y, 2011	Y, 2012	Y, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	3.4 m	41.2 m	86.5 m	201.8 m	169.3 m	239.5 m
Current Assets				353 m	356.3 m	396.3 m
Goodwill				352.8 m	396.2 m	436.5 m
Total Assets				979.7 m	1.1 b	1.2 b
Accounts Payable				3.4 m	8.2 m	7.6 m
Current Liabilities				111 m	89.6 m	110.5 m
Additional Paid-in Capital				690 m	759.3 m	805.7 m
Retained Earnings				80.8 m	118.9 m	168.5 m
Total Equity					877.6 m	972.1 m
Financial Leverage					1.2 x	1.2 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	207.1 m	212 m	188.2 m	195.6 m	153 m	203.3 m	132.9 m	177.8 m	275 m
Current Assets	251.2 m	327.4 m	351.5 m	357.8 m	344.4 m	379.4 m	333.5 m	368.6 m	432.9 m
Goodwill	352.8 m	352.8 m	387.4 m	387.6 m	387.6 m	396.2 m	437 m	437 m	436.5 m
Total Assets	885.9 m	958.1 m	1 b	1 b	1 b	1.1 b	1.1 b	1.2 b	1.2 b
Accounts Payable	2.4 m	2 m	4.1 m	2.2 m	3.5 m	4.2 m	11.3 m	9.5 m	10 m
Current Liabilities	102 m	107.7 m	136.6 m	113.8 m	82.3 m	98.5 m	104 m	110.8 m	132.5 m
Additional Paid-in Capital	617.4 m	675.8 m	721.4 m	736.6 m	748.3 m	767.8 m	778.5 m	796.4 m	811.7 m
Retained Earnings	63.6 m	70.1 m	91.4 m	100.7 m	107.6 m	128.8 m	141.6 m	154.8 m	188.8 m
Total Equity				837.2 m	855.5 m	895.8 m	918.7 m	949.6 m	998.6 m
Financial Leverage				1.3 x	1.2 x	1.2 x	1.2 x	1.2 x	1.2 x

Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Net Income	24.3 m	38.1 m	49.6 m
Depreciation and Amortization	5 m	28 m	35.2 m
Accounts Receivable	(7.4 m)	(4.3 m)	(17.5 m)
Inventories		(1.5 m)
Accounts Payable	(259 k)	3.3 m	(3.2 m)
Cash From Operating Activities	72.9 m	44.8 m	97.7 m
Purchases of PP&E	(3.7 m)	(4.2 m)	(24.1 m)
Cash From Investing Activities	(118.7 m)	(116.4 m)	(45.5 m)
Cash From Financing Activities	161.3 m	39.4 m	19.3 m
Income Taxes Paid	1.3 m	1.3 m	8.7 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	2.7 m	6.5 m		9.4 m	6.9 m
Depreciation and Amortization	5.6 m	5.7 m	6.2 m	8.8 m	6.3 m	7.3 m	8.9 m	9.1 m	10 m
Accounts Payable	2.4 m	2 m	4.1 m	2.2 m	3.5 m	4.2 m	11.3 m	9.5 m	10 m

Ratios

USD	Y, 2017
Revenue/Employee	102.9 k
Financial Leverage	1.2 x

GrubHub Operating Metrics

GrubHub's Active Users was reported to be 8.8 m in Q1, 2017

	Q1, 2014	Q2, 2014	Q3, 2014	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017
Active Cities	700	700	800	800	900	900	900	1 k	1 k	1.1 k	1.1 k	1.1 k	1.1 k
Active Users	3.85 m	4.19 m	4.57 m	5.03 m	5.6 m	5.93 m	6.43 m	6.75 m	6.97 m	7.35 m	7.69 m	8.2 m	8.75 m
Average Daily Deliveries	181.2 k	174.5 k	172.7 k	182.8 k	234.7 k	220.1 k	211.5 k	227.1 k	267.8 k	271.1 k	267.5 k	274.8 k	324.6 k
Patents Pending				19				18				15
Patents Issued				5				6				7
Menus in Database				310 k				380 k				415 k
Trademarks (US)				40				50				58
Restaurants				30 k	35 k	35 k	35 k	40 k	44 k	45 k	45 k	50 k	50 k
Trademarks (foreign)								5				6
Trademarks Pending								11				9

Source: SEC Filings

GrubHub Market Value History

GrubHub Median Salaries

Source: 20 public H-1B filings from GrubHub

Market Position of GrubHub

Competitors

Delivery Hero

Technology - Public

Blue Apron

Food & Beverage - Public

Postmates

Technology - Private

Sun Basket

Food & Beverage - Private

Compare competitors

GrubHub

Company Growth (employees)

Key People at GrubHub

Matt Maloney

GrubHub Office Locations

GrubHub Data and Metrics

GrubHub Financial Metrics

Summary

Revenue (Q1, 2017)

Market capitalization (25-Jul-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

General and administrative expense

Operating expense total

Depreciation and amortization

Pre tax profit

Income tax expense

Net Income

Revenue

Sales and marketing expense

General and administrative expense

Operating expense total

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash

Current Assets

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities

Cash From Financing Activities

Income Taxes Paid

Net Income

Depreciation and Amortization

Accounts Payable

Ratios

Revenue/Employee

Financial Leverage

GrubHub Operating Metrics

Active Cities

Active Users

Average Daily Deliveries

Patents Pending

Patents Issued

Menus in Database

Trademarks (US)

Restaurants

Trademarks (foreign)