Grab Holdings Limited: Mixed — EPS $0.00, Revenue $1.11B

GRABGrab Holdings Limited•Q3 2026•Nov 02, 2026, 5:20 PM EST
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Mixed ResultQ3 2026 · After-market

Did Grab Holdings Limited (GRAB) beat earnings today?

@trystockwhiz

It was a mixed report for Q3 2026 — Grab Holdings Limited (GRAB) beat on EPS but missed on revenue.

Earnings Per Share-100.00% surprise
$0.00Actual
Expected: $0.03
vs. year ago -100.0%
Total Revenue+1.09% surprise
$1.11BActual
Expected: $1.1B
vs. year ago +27.0%
Released Nov 02 · 5:20 PM ET

Earning Report

MetricQ3 2026Q3 2025YoY Change %
Revenue$1.11B$873.00M+27.0%
Revenue detail — reported lines
└─Deliveries$561.00M$465.00M+21.0%
└─Mobility$349.00M$317.00M+10.0%
└─Financial Services$201.00M$90.00M+124.0%
└─Others$1.00M$1.00M-17.0%
Profit for the period$18.00M$17.00M+5.0%
GAAP Basic EPS$0.01$0.01+0.0%
GAAP Diluted EPS($0.00)$0.01-100.0%

Financial Outlook / Guidance

MetricNext Quarter OutlookFY 2026 OutlookExpected
Group Revenue—$4.15B-$4.20B (+23-25% YoY, prev. $4.10B-$4.15B, +22-23% YoY)
$4.19BIn-Line
Adjusted EBITDA—$790M-$800M (+58-60% YoY, prev. $720M-$740M, +44-48% YoY)—

Business Highlights

  • ➤Reached a record 57 million monthly transacting users.
  • ➤Repurchased $400 million of shares in September and October.
  • ➤Retained $500 million under share repurchase programs.
  • ➤Deliveries advertising self-serve active advertisers grew 39% YoY.
  • ➤Active driver-partners reached another all-time high.
  • ➤Regional EV penetration reached 18% of completed four-wheel trips.
  • ➤Consolidated Superbank in June and acquired Stash beginning this quarter.
  • ➤Customer deposits across GXS Bank, GXBank and Superbank reached $2.7 billion.
  • ➤Taiwan’s TFTC rejected the proposed foodpanda Taiwan acquisition.
  • ➤Operates across more than 900 cities in eight Southeast Asian countries.

Management Commentary

Anthony Tan, Group Chief Executive Officer and Co-Founder

“We delivered a record 57 million monthly transacting users on our platform this quarter, despite the elevated fuel prices and macroeconomic headwinds across the region. More users are transacting on Grab than ever. Our scale and network efficiencies enable us to make our services more affordable for users, and improve earnings opportunities for our driver- and merchant-partners through our proprietary AI-powered tools and access to financing. Southeast Asia continues to be one of the fastest-growing regions globally and remains under-penetrated. We will accelerate our cross-platform strategy to capture this opportunity and drive durable, profitable growth for Grab.”

Peter Oey, Chief Financial Officer

“This was another quarter of profitable growth. Group revenue was up 27% YoY or 30% YoY on a constant currency basis, and we recorded our nineteenth consecutive quarter of Adjusted EBITDA growth to a record $237 million. Adjusted EBITDA margin expanded 565 basis points YoY, with Financial Services achieving Adjusted EBITDA profitability for the first time. Trailing twelve-month Adjusted Free Cash Flow reached $533 million, nearly double the prior year period. As operating leverage continues to build across our core segments, we are raising our full-year 2026 guidance for Group revenue to $4.15 billion to $4.20 billion, and Adjusted EBITDA to $790 million to $800 million. We are also putting our balance sheet to work for our shareholders and reducing our share count by repurchasing $400 million of shares between September and October.”