Estonian company Bolt turns profitable for the first time
In 2025, Estonian mobility and delivery company Bolt posted a net profit of €900,000 – its first-ever profitable year – while revenue grew 14% to €2.27 billion.
According to its annual report, Estonian-based Bolt achieved a net profit of €900,000 in 2025, marking the first time in its history that the company has been profitable. Revenue increased by 14% compared to the previous year, reaching €2.27 billion, the company announced in a press release.
Last year, Bolt expanded its services to hundreds of new cities worldwide. Founder and CEO Markus Villig said the company is in a stronger financial position than ever before, enabling investment in future leaps such as artificial intelligence and autonomous vehicles.
Bolt's ride-hailing service entered Canada, New Zealand, Taiwan, and Greece for the first time. In Denmark, Bolt acquired taxi company Viggo along with its fleet of 300 electric cars. Courier services expanded to Bulgaria, and e-scooter rentals launched in the United Kingdom and the United States.
In 2025, Bolt also signed cooperation agreements with autonomous vehicle software developer Pony.ai and automaker Stellantis. The company's first pilot project is already underway in Luxembourg, with a goal of attracting 100,000 self-driving cars to its platform by 2035.
According to Bolt, it paid €49 million in labor taxes to the Estonian budget last year, nearly a fifth more than the previous year. At the end of the year, Bolt employed 4,284 people and served over 200 million customers.
Founded in 2013 in Estonia, Bolt offers ride-hailing, e-scooter and e-bike rentals, food and grocery delivery, and car-sharing services. The company now operates in more than 50 countries and over 850 cities.
