Grab Holdings Limited(GRAB)Earnings, Financials & Key Ratios
GRAB•NASDAQ
$3.68
$14.62B mkt cap·57.8× P/E·Price updated May 6, 2026
AboutGrab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore.Show more
- Revenue$3.37B+20.5%
- EBITDA$379M+1904.8%
- Net Income$268M+355.2%
- EPS (Diluted)0.06+342.2%
- Gross Margin43.2%+2.9%
- EBITDA Margin11.25%+1597.9%
- Operating Margin5.99%+199.8%
- Net Margin7.95%+311.8%
- ROE4.09%+349.6%
- ROIC3.32%+203.7%
- Debt/Equity0.30+430.1%
- Interest Coverage2.85+316.0%
GRAB Key Insights
Grab Holdings Limited (GRAB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 48.4%
✗Weaknesses
- ✗Weak momentum: RS Rating 16 (bottom 16%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GRAB Price & Volume
Grab Holdings Limited (GRAB) stock price & volume — 10-year historical chart
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GRAB Growth Metrics
Grab Holdings Limited (GRAB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years48.35%
3 Years32.98%
TTM20.52%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM354.29%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM312.62%
Return on Capital
10 Years-20.39%
5 Years-8.48%
3 Years-2.09%
Last Year2.87%
GRAB Recent Earnings
Grab Holdings Limited (GRAB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (40%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026EPS
$0.01
Est $0.02
-153.3%
Revenue
$955M
Est $922M
+3.6%
Q1 2026
Feb 12, 2026EPS
$0.04
Est $0.01
+187.1%
Revenue
$906M
Est $937M
-3.3%
Q1 2026
Feb 11, 2026EPS
—
Est $0.01
Revenue
$906M
Est $923M
-1.8%
Q4 2025
Nov 4, 2025EPS
$0.01
Est $0.01
-27.5%
Revenue
$873M
Est $874M
-0.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.01vs $0.02-153.3% | $955Mvs $922M+3.6% |
| Q1 2026 | Feb 12, 2026 | $0.04vs $0.01+187.1% | $906Mvs $937M-3.3% |
| Q1 2026 | Feb 11, 2026 | —vs $0.01 | $906Mvs $923M-1.8% |
| Q4 2025 | Nov 4, 2025 | $0.01vs $0.01-27.5% | $873Mvs $874M-0.1% |
Based on last 12 quarters of dataView full earnings history →
GRAB Peer Comparison
Grab Holdings Limited (GRAB) competitors in E-commerce platforms and retail enablement — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 UBER | 151.58B | 72.95 | 15.49 | 18.28% | 19.33% | 35.8% | 6.44% | 0.48 |
 LYFT | 5.65B | 14.09 | 2.07 | 9.16% | 45.03% | 86.88% | 19.75% | 0.41 |
 BIDU | 44.15B | 126.24 | 13.06 | -1.09% | 6.9% | 3.13% | 4.35% | 0.28 |
 SE | 51.09B | 84.48 | 115.73 | 28.75% | 6.78% | 15.16% | 5.79% | 0.49 |
 DASH | 71.59B | 166.14 | 78 | 27.93% | 6.83% | 9.08% | 3.04% | 0.33 |
 CART | 11.61B | 43.74 | 27.68 | 11.05% | 14.15% | 14.08% | 5.36% | 0.01 |
 GDDY | 11.67B | 87.49 | 14.04 | 8.26% | 17.32% | 366.9% | 13.5% | 17.96 |
 STNE | 2.72B | 11.08 | 6.57 | -73.97% | 21.13% | 19.91% | 1.59 |
Compare GRAB vs Peers
Grab Holdings Limited (GRAB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GRAB Income Statement
Grab Holdings Limited (GRAB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | -845M | 469M | 675M | 1.43B | 2.36B | 2.8B | 3.37B |
| Revenue Growth % | - | 155.5% | 43.92% | 112.3% | 64.62% | 18.57% | 20.49% |
| Cost of Goods Sold | 1.32B | 963M | 1.07B | 1.36B | 1.5B | 1.62B | 1.91B |
| COGS % of Revenue | -156.21% | 205.33% | 158.52% | 94.63% | 63.54% | 58.03% | 56.8% |
| Gross Profit | -2.17B▲ 0% | -494M▲ 77.2% | -395M▲ 20.0% | 77M▲ 119.5% | 860M▲ 1016.9% | 1.17B▲ 36.5% | 1.46B▲ 24.0% |
| Gross Margin % | 256.21% | -105.33% | -58.52% | 5.37% | 36.46% | 41.97% | 43.2% |
| Gross Profit Growth % | - | 77.18% | 20.04% | 119.49% | 1016.88% | 36.51% | 24.02% |
| Operating Expenses | 845M | 804M | 1.16B | 1.45B | 1.38B | 1.34B | 1.25B |
| OpEx % of Revenue | -100% | 171.43% | 171.85% | 101.19% | 58.46% | 47.98% | 37.21% |
| Selling, General & Admin | 542M | 477M | 785M | 924M | 843M | 836M | 826M |
| SG&A % of Revenue | -64.14% | 101.71% | 116.3% | 64.48% | 35.74% | 29.89% | 24.51% |
| Research & Development | 231M | 257M | 356M | 465M | 421M | 410M | 428M |
| R&D % of Revenue | -27.34% | 54.8% | 52.74% | 32.45% | 17.85% | 14.66% | 12.7% |
| Other Operating Expenses | 72M | 70M | 19M | 61M | 115M | 96M | 0 |
| Operating Income | -3.01B▲ 0% | -1.3B▲ 56.9% | -1.55B▼ 19.8% | -1.37B▲ 11.7% | -519M▲ 62.2% | -168M▲ 67.6% | 202M▲ 220.2% |
| Operating Margin % | 356.21% | -276.76% | -230.37% | -95.81% | -22% | -6.01% | 5.99% |
| Operating Income Growth % | - | 56.88% | -19.8% | 11.7% | 62.2% | 67.63% | 220.24% |
| EBITDA | -2.36B | -911M | -1.21B | -1.22B | -374M | -21M | 379M |
| EBITDA Margin % | 279.64% | -194.24% | -179.26% | -85.35% | -15.85% | -0.75% | 11.25% |
| EBITDA Growth % | - | 61.45% | -32.82% | -1.07% | 69.42% | 94.38% | 1904.76% |
| D&A (Non-Cash Add-back) | 647M | 387M | 345M | 150M | 145M | 147M | 177M |
| EBIT | -2.93B | -1.31B | -1.85B | -1.57B | -367M | -54M | 202M |
| Net Interest Income | -977M | -1.44B | -1.68B | -58M | 98M | 146M | 169M |
| Interest Income | 76M | 53M | 26M | 107M | 197M | 187M | 240M |
| Interest Expense | 1.05B | 1.49B | 1.7B | 165M | 99M | 41M | 71M |
| Other Income/Expense | -971M | -1.45B | -2B | -361M | 53M | 73M | 67M |
| Pretax Income | -3.98B▲ 0% | -2.74B▲ 31.1% | -3.55B▼ 29.5% | -1.73B▲ 51.2% | -466M▲ 73.1% | -95M▲ 79.6% | 269M▲ 383.2% |
| Pretax Margin % | 471.12% | -584.86% | -526.22% | -121% | -19.75% | -3.4% | 7.98% |
| Income Tax | 7M | 2M | 3M | 6M | 19M | 63M | 69M |
| Effective Tax Rate % | -0.18% | -0.07% | -0.08% | -0.35% | -4.08% | -66.32% | 25.65% |
| Net Income | -3.75B▲ 0% | -2.61B▲ 30.4% | -3.45B▼ 32.2% | -1.68B▲ 51.2% | -434M▲ 74.2% | -105M▲ 75.8% | 268M▲ 355.2% |
| Net Margin % | 443.43% | -556.08% | -510.96% | -117.45% | -18.4% | -3.75% | 7.95% |
| Net Income Growth % | - | 30.4% | -32.25% | 51.2% | 74.21% | 75.81% | 355.24% |
| Net Income (Continuing) | -3.99B | -2.75B | -3.56B | -1.74B | -485M | -158M | 200M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 67M | 105M | 286M | 54M | 19M | -48M | 29M |
| EPS (Diluted) | -0.95▲ 0% | -0.66▲ 30.5% | -0.92▼ 39.4% | -0.44▲ 52.2% | -0.11▲ 75.0% | -0.03▲ 76.1% | 0.06▲ 342.2% |
| EPS Growth % | - | 30.53% | -39.39% | 52.17% | 75% | 76.09% | 342.21% |
| EPS (Basic) | -0.95 | -0.66 | -0.92 | -0.44 | -0.11 | -0.03 | 0.07 |
| Diluted Shares Outstanding | 3.95B | 3.95B | 3.74B | 3.81B | 3.89B | 4B | 4.21B |
| Basic Shares Outstanding | 3.95B | 3.95B | 3.74B | 3.81B | 3.89B | 4B | 4.09B |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
GRAB Balance Sheet
Grab Holdings Limited (GRAB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.14B | 3.75B | 8.68B | 5.69B | 5.77B | 6.57B | 8.08B |
| Cash & Short-Term Investments | 2.79B | 3.3B | 8.08B | 5.09B | 5.04B | 5.63B | 6.8B |
| Cash Only | 1.51B | 2B | 4.84B | 1.95B | 3.14B | 2.96B | 3.43B |
| Short-Term Investments | 1.28B | 1.3B | 3.24B | 3.13B | 1.91B | 2.67B | 3.37B |
| Accounts Receivable | 69M | 184M | 288M | 406M | 486M | 649M | 1B |
| Days Sales Outstanding | -29.8 | 143.2 | 155.73 | 103.41 | 75.2 | 84.69 | 108.31 |
| Inventory | 5M | 3M | 4M | 48M | 49M | 59M | 87M |
| Days Inventory Outstanding | 1.38 | 1.14 | 1.36 | 12.92 | 11.93 | 13.27 | 16.59 |
| Other Current Assets | 205M | 197M | 176M | 24M | 27M | 95M | 189M |
| Total Non-Current Assets | 1.88B | 1.69B | 2.5B | 3.48B | 3.02B | 2.73B | 3.9B |
| Property, Plant & Equipment | 534M | 384M | 441M | 492M | 512M | 567M | 831M |
| Fixed Asset Turnover | -1.58x | 1.22x | 1.53x | 2.91x | 4.61x | 4.93x | 4.06x |
| Goodwill | 681M | 656M | 647M | 807M | 807M | 845M | 0 |
| Intangible Assets | 499M | 257M | 28M | 97M | 109M | 130M | 1.06B |
| Long-Term Investments | 165M | 386M | 1.25B | 1.85B | 1.29B | 896M | 1.75B |
| Other Non-Current Assets | 5M | 4M | 127M | 217M | 250M | 224M | 263M |
| Total Assets | 5.02B▲ 0% | 5.44B▲ 8.3% | 11.18B▲ 105.4% | 9.17B▼ 18.0% | 8.79B▼ 4.1% | 9.29B▲ 5.7% | 11.98B▲ 28.9% |
| Asset Turnover | -0.17x | 0.09x | 0.06x | 0.16x | 0.27x | 0.30x | 0.28x |
| Asset Growth % | - | 8.32% | 105.4% | -17.96% | -4.12% | 5.72% | 28.92% |
| Total Current Liabilities | 783M | 836M | 1.03B | 1.1B | 1.48B | 2.59B | 4.63B |
| Accounts Payable | 99M | 109M | 167M | 189M | 185M | 208M | 1.26B |
| Days Payables Outstanding | 27.38 | 41.31 | 56.97 | 50.87 | 45.05 | 46.78 | 239.52 |
| Short-Term Debt | 133M | 121M | 122M | 83M | 87M | 90M | 1.68B |
| Deferred Revenue (Current) | 0 | 13M | 9M | 12M | 381M | 1.23B | 0 |
| Other Current Liabilities | 216M | 35M | 35M | 38M | 39M | 139M | 1.65B |
| Current Ratio | 4.01x | 4.49x | 8.46x | 5.19x | 3.90x | 2.53x | 1.75x |
| Quick Ratio | 4.00x | 4.49x | 8.45x | 5.14x | 3.87x | 2.51x | 1.73x |
| Cash Conversion Cycle | -55.8 | 103.02 | 100.13 | 65.46 | 42.08 | 51.18 | -114.62 |
| Total Non-Current Liabilities | 8.46B | 10.9B | 2.13B | 1.42B | 846M | 352M | 599M |
| Long-Term Debt | 8.42B | 91M | 1.93B | 1.1B | 544M | 116M | 373M |
| Capital Lease Obligations | 21M | 20M | 101M | 152M | 124M | 125M | 0 |
| Deferred Tax Liabilities | 0 | 1M | 3M | 18M | 20M | 25M | 35M |
| Other Non-Current Liabilities | 25M | 10.79B | 99M | 150M | 158M | 86M | 191M |
| Total Liabilities | 9.25B | 11.74B | 3.16B | 2.51B | 2.32B | 2.94B | 5.23B |
| Total Debt | 8.6B | 251M | 2.17B | 1.36B | 793M | 364M | 2.05B |
| Net Debt | 7.09B | -1.75B | -2.66B | -587M | -2.35B | -2.6B | -1.38B |
| Debt / Equity | - | - | 0.27x | 0.21x | 0.12x | 0.06x | 0.30x |
| Debt / EBITDA | - | - | - | - | - | - | 5.42x |
| Net Debt / EBITDA | - | - | - | - | - | - | -3.64x |
| Interest Coverage | -2.78x | -0.88x | -1.09x | -9.51x | -3.71x | -1.32x | 2.85x |
| Total Equity | -4.22B▲ 0% | -6.29B▼ 49.0% | 8.02B▲ 227.4% | 6.66B▼ 17.0% | 6.47B▼ 2.8% | 6.35B▼ 1.8% | 6.76B▲ 6.4% |
| Equity Growth % | - | -49.01% | 227.41% | -16.98% | -2.84% | -1.81% | 6.39% |
| Book Value per Share | -1.07 | -1.59 | 2.14 | 1.75 | 1.66 | 1.59 | 1.61 |
| Total Shareholders' Equity | -4.29B | -6.4B | 7.73B | 6.6B | 6.45B | 6.4B | 6.73B |
| Common Stock | 0 | 140M | 21.53B | 22.28B | 22.67B | 23.55B | 23.86B |
| Retained Earnings | -7.98B | -10.49B | -14.4B | -16.28B | -16.76B | -17.35B | -17.47B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.61B | 3.95B | 606M | 602M | 544M | 197M | 337M |
| Minority Interest | 67M | 105M | 286M | 54M | 19M | -48M | 29M |
GRAB Cash Flow Statement
Grab Holdings Limited (GRAB) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -2.11B | -643M | -954M | -798M | 86M | 852M | 231M |
| Operating CF Margin % | 249.94% | -137.1% | -141.33% | -55.69% | 3.65% | 30.46% | 6.85% |
| Operating CF Growth % | - | 69.55% | -48.37% | 16.35% | 110.78% | 890.7% | -72.89% |
| Net Income | -3.98B | -2.74B | -3.45B | -1.68B | -434M | -105M | 268M |
| Depreciation & Amortization | 647M | 387M | 345M | 150M | 145M | 147M | 177M |
| Stock-Based Compensation | 34M | 54M | 357M | 412M | 304M | 279M | 241M |
| Deferred Taxes | 0 | 147M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.08B | 1.44B | 2.07B | 474M | -75M | 88M | -24M |
| Working Capital Changes | 108M | 75M | -281M | -151M | 146M | 443M | -431M |
| Change in Receivables | -75M | -42M | -94M | -50M | -11M | -97M | -701M |
| Change in Inventory | 2M | 2M | -1M | 6M | -1M | -9M | -9M |
| Change in Payables | 0 | 42M | 0 | 0 | 0 | 0 | 40M |
| Cash from Investing | 393M | -318M | -2.76B | -1.06B | 1.87B | -231M | -964M |
| Capital Expenditures | -98M | -40M | -73M | -58M | -71M | -77M | -97M |
| CapEx % of Revenue | -11.6% | 8.53% | 10.81% | 4.05% | 3.01% | 2.75% | 2.88% |
| Acquisitions | -32M | -3M | 0 | -168M | 0 | -23M | -100M |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 523M | -275M | -2.68B | -836M | 1.94B | -131M | -767M |
| Cash from Financing | 1.95B | 1.58B | 6.57B | -1.12B | -770M | -771M | 1.13B |
| Debt Issued (Net) | -97M | -128M | 1.78B | -945M | -688M | -561M | 1.38B |
| Equity Issued (Net) | 2.27B | 1.72B | 0 | 0 | 0 | -226M | -250M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -226M | -274M |
| Other Financing | -217M | -12M | 4.79B | -177M | -82M | 16M | -6M |
| Net Change in Cash | 244M▲ 0% | 632M▲ 159.0% | 2.82B▲ 345.9% | -3.04B▼ 207.8% | 1.19B▲ 139.0% | -174M▼ 114.7% | 1.33B▲ 864.4% |
| Free Cash Flow | -2.25B▲ 0% | -683M▲ 69.7% | -1.03B▼ 50.4% | -856M▲ 16.7% | 15M▲ 101.8% | 775M▲ 5066.7% | 134M▼ 82.7% |
| FCF Margin % | 266.51% | -145.63% | -152.15% | -59.73% | 0.64% | 27.71% | 3.98% |
| FCF Growth % | - | 69.67% | -50.37% | 16.65% | 101.75% | 5066.67% | -82.71% |
| FCF per Share | -0.57 | -0.17 | -0.27 | -0.22 | 0.00 | 0.19 | 0.03 |
| FCF Conversion (FCF/Net Income) | 0.56x | 0.25x | 0.28x | 0.47x | -0.20x | -8.11x | 0.86x |
| Interest Paid | 0 | 0 | 108M | 160M | 80M | 34M | 26M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
GRAB Key Ratios
Grab Holdings Limited (GRAB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -399.88% | -22.94% | -6.61% | -1.64% | 4.09% |
| Return on Invested Capital (ROIC) | -78.77% | - | -21.77% | -18.02% | -7.64% | -3.2% | 3.32% |
| Gross Margin | 256.21% | -105.33% | -58.52% | 5.37% | 36.46% | 41.97% | 43.2% |
| Net Margin | 443.43% | -556.08% | -510.96% | -117.45% | -18.4% | -3.75% | 7.95% |
| Debt / Equity | - | - | 0.27x | 0.21x | 0.12x | 0.06x | 0.30x |
| Interest Coverage | -2.78x | -0.88x | -1.09x | -9.51x | -3.71x | -1.32x | 2.85x |
| FCF Conversion | 0.56x | 0.25x | 0.28x | 0.47x | -0.20x | -8.11x | 0.86x |
| Revenue Growth | - | 155.5% | 43.92% | 112.3% | 64.62% | 18.57% | 20.49% |
GRAB Frequently Asked Questions
Grab Holdings Limited (GRAB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Grab Holdings Limited (GRAB) reported $3.37B in revenue for fiscal year 2025.
Grab Holdings Limited (GRAB) grew revenue by 20.5% over the past year. This is strong growth.
Yes, Grab Holdings Limited (GRAB) is profitable, generating $267.0M in net income for fiscal year 2025 (8.0% net margin).
Dividend & Returns
Grab Holdings Limited (GRAB) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.
Grab Holdings Limited (GRAB) had negative free cash flow of $2.0M in fiscal year 2025, likely due to heavy capital investments.
Explore More GRAB
Grab Holdings Limited (GRAB) financial analysis — history, returns, DCA and operating performance tools
Full GRAB Stock Analysis
Analyst verdict, bull/bear case, risk factors and peer comparison
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates