Grab Holdings Limited (GRAB) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
GRAB's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
GRAB Revenue Analysis (2019–2025)
As of February 28, 2026, Grab Holdings Limited (GRAB) generated trailing twelve-month (TTM) revenue of $3.37 billion, reflecting strong growth of +18.6% year-over-year. The most recent quarter (Q4 2025) recorded $906.0 million in revenue, up 3.8% sequentially.
Looking at the longer-term picture, GRAB's 5-year compound annual growth rate (CAGR) stands at +48.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $3.37 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows GRAB's business is primarily driven by Deliveries (53%), Mobility (37%), and Financial Services (9%). With over half of revenue concentrated in Deliveries, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SHOP (+30.1% YoY), MANH (+3.7% YoY), and STUB (+16.5% YoY), GRAB has underperformed the peer group in terms of revenue growth. Compare GRAB vs SHOP →
Peer Comparison
Compare GRAB's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GRABCurrent | $3.4B | +18.6% | +48.4% | 6.0% | |
| SHOP | $11.6B | +30.1% | +31.6% | 12.7% | |
| MANH | $1.1B | +3.7% | +13.0% | 26.1% | |
| STUB | $1.8B | +16.5% | +52.9% | 7.8% | |
| PTRN | $1.8B | - | - | 4.9% | |
| STEC | $2.1B | - | +12.7% | 9.4% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.37B | +20.5% | $1.46B | 43.2% | $202.0M | 6.0% |
| 2024 | $2.80B | +18.6% | $1.17B | 42.0% | $-168,000,000 | -6.0% |
| 2023 | $2.36B | +64.6% | $860.0M | 36.5% | $-519,000,000 | -22.0% |
| 2022 | $1.43B | +112.3% | $77.0M | 5.4% | $-1,373,000,000 | -95.8% |
| 2021 | $675.0M | +43.9% | $-395,000,000 | -58.5% | $-1,555,000,000 | -230.4% |
| 2020 | $469.0M | +155.5% | $-494,000,000 | -105.3% | $-1,298,000,000 | -276.8% |
| 2019 | $-845,000,000 | - | $-2,165,000,000 | 256.2% | $-3,010,000,000 | 356.2% |
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Start ComparisonFrequently Asked Questions
Is GRAB's revenue growth accelerating or slowing?
GRAB revenue is accelerating at +18.6% year-over-year, exceeding the 5-year CAGR of +48.4%. TTM revenue reached $3.4B. Growth momentum has increased versus prior periods.
What is GRAB's long-term revenue growth rate?
Grab Holdings Limited's 5-year revenue CAGR of +48.4% reflects the sustained expansion pattern. Current YoY growth of +18.6% is above this long-term average.
How is GRAB's revenue distributed by segment?
GRAB reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.