Grab (GRAB)
Connects Southeast Asian consumers, drivers, and merchants across transport, delivery, and finance.
$3.14
vs last close+0.23 (+7.88%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 615 | 653 | 653 | 664 | 716 | 764 | 773 | 819 | 873 | 906 | 955 | 997 |
| Cost of revenue | 375 | 377 | 394 | 388 | 409 | 432 | 449 | 465 | 491 | 509 | 541 | 562 |
| Gross profit | 240 | 276 | 259 | 276 | 307 | 332 | 324 | 354 | 382 | 397 | 414 | 435 |
| 333 | 321 | 334 | 332 | 345 | 323 | 310 | 315 | 315 | 299 | 340 | 416 | |
| Research & development | 99 | 102 | 116 | 104 | 97 | 93 | 121 | 114 | 103 | 91 | 120 | 103 |
| 207 | 219 | 198 | 209 | 194 | 235 | 195 | 208 | 212 | 211 | 219 | 241 | |
| Selling & marketing | 76 | 84 | 71 | 79 | 82 | 91 | 82 | 89 | 92 | 104 | 94 | 102 |
| General & administrative | 131 | 135 | 127 | 130 | 112 | 144 | 113 | 119 | 120 | 107 | 125 | 139 |
| Other expenses | 27 | 0 | 20 | 19 | 54 | −5 | −6 | −7 | 0 | −3 | 1 | 72 |
| Operating income | −93 | −45 | −75 | −56 | −38 | 9 | 14 | 39 | 67 | 98 | 74 | 19 |
| 10 | 53 | −27 | 5 | 85 | 2 | 10 | 4 | −29 | 66 | 50 | 173 | |
| Interest income | 54 | 41 | 44 | 45 | 81 | 45 | 72 | 41 | 48 | 79 | 37 | 375 |
| Interest expense | 18 | 18 | 52 | 31 | 0 | 0 | 5 | 12 | 27 | 28 | 31 | 27 |
| Other non-operating income | −28 | −71 | −25 | −36 | −60 | 12 | −15 | −16 | 2 | −94 | −81 | −200 |
| Income before tax | −83 | 8 | −102 | −51 | 47 | 11 | 24 | 43 | 38 | 164 | 124 | 192 |
| Income tax expense | 16 | −3 | 13 | 17 | 32 | 0 | 14 | 23 | 21 | 11 | 4 | −43 |
| Net income from continuing operations | −99 | 11 | −115 | −68 | 15 | 11 | 10 | 20 | 17 | 153 | 120 | 235 |
| Other adjustments | 0 | 51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −91 | 62 | −104 | −53 | 26 | 26 | 24 | 35 | 37 | 171 | 136 | 252 |
| EPS, basic | −$0.02 | $0.01 | −$0.03 | −$0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.03 | $0.06 |
| EPS, diluted | −$0.02 | $0.01 | −$0.03 | −$0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.03 | $0.06 |
| Weighted average shares, basic | 3,908 | 3,916 | 3,935 | 3,965 | 4,043 | 4,037 | 4,083 | 4,083 | 4,081 | 4,089 | 4,093 | 4,085 |
| Weighted average shares, diluted | 3,908 | 3,916 | 3,935 | 3,965 | 4,251 | 4,205 | 4,240 | 4,240 | 4,186 | 4,429 | 4,441 | 4,168 |
| EBITDA | −28 | 63 | −10 | 14 | 58 | 34 | 69 | 96 | 112 | 241 | 209 | 275 |
| Depreciation & amortization | 37 | 37 | 40 | 34 | 36 | 37 | 40 | 41 | 47 | 49 | 54 | 56 |
| EBIT | −65 | 26 | −50 | −20 | 22 | −3 | 29 | 55 | 65 | 192 | 155 | 219 |
