Grab Holdings Limited (GRAB) — Financial statements
Income statement, balance sheet, and cash flow for Grab Holdings Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,370↑20.5% | 2,797↑18.6% | 2,359↑64.6% | 1,433↑112.3% | 675 | |
| Cost of Revenue | 1,914↑17.9% | 1,623↑8.3% | 1,499↑10.5% | 1,356↑26.7% | 1,070 | |
| Gross Profit | 1,456↑24.0% | 1,174↑36.5% | 860↑1016.9% | 77↑119.5% | -395 | |
| Operating Expenses | ||||||
| R&D Expenses | 428↑4.4% | 410↓2.6% | 421↓9.5% | 465↑30.6% | 356 | |
| General & Administrative Expenses | 459↓10.4% | 512↓6.9% | 550↓14.9% | 646↑18.8% | 544 | |
| Selling & Marketing Expenses | 367↑13.3% | 324↑10.6% | 293↑5.4% | 278↑15.4% | 241 | |
| SG&A Expenses | 826↓1.2% | 836↓0.8% | 843↓8.8% | 924↑17.7% | 785 | |
| Other Expenses | 0.00↓100.0% | 96↓16.5% | 115↑88.5% | 61↑221.1% | 19 | |
| Operating Expenses | 1,254↓6.6% | 1,342↓2.7% | 1,379↓4.9% | 1,450↑25.0% | 1,160 | |
| Total Costs & Expenses | 3,168↑6.8% | 2,965↑3.0% | 2,878↑2.6% | 2,806↑25.8% | 2,230 | |
| Operating Results | ||||||
| Operating Income | 202↑220.2% | -168↑67.6% | -519↑62.2% | -1,373↑11.7% | -1,555 | |
| Depreciation & Amortization | 177↑20.4% | 147↑1.4% | 145↓3.3% | 150↓56.5% | 345 | |
| EBITDA | 379↑307.5% | 93↑141.9% | -222↑84.4% | -1,419↑5.8% | -1,506 | |
| EBIT | 202↑474.1% | -54↑85.3% | -367↑76.6% | -1,569↑15.2% | -1,851 | |
| Interest & Other Income | ||||||
| Net Interest Income | 169↑15.8% | 146↑49.0% | 98↑269.0% | -58↑96.5% | -1,675 | |
| Interest Income | 240↑28.3% | 187↓5.1% | 197↑84.1% | 107↑311.5% | 26 | |
| Interest Expense | 71↑73.2% | 41↓58.6% | 99↓40.0% | 165↓90.3% | 1,701 | |
| Non-Operating Income | 0.00↑100.0% | -114↑25.0% | -152↓177.6% | 196↓33.8% | 296 | |
| Other Income / Expenses | 67↓8.2% | 73↑37.7% | 53↑114.7% | -361↑81.9% | -1,997 | |
| Income Before Tax | 269↑383.2% | -95↑79.6% | -466↑73.1% | -1,734↑51.2% | -3,552 | |
| Income Tax Expense | 69↑9.5% | 63↑231.6% | 19↑216.7% | 6↑100.0% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 200↑226.6% | -158↑67.4% | -485↑72.1% | -1,740↑51.1% | -3,555 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 268↑355.2% | -105↑75.8% | -434↑74.2% | -1,683↑51.2% | -3,449 | |
| Bottom-Line Net Income | 268↑355.2% | -105↑75.8% | -434↑74.2% | -1,683↑51.2% | -3,449 | |
| EPS (Basic) | 0.07↑349.0% | -0.03↑76.1% | -0.11↑75.0% | -0.44↑52.2% | -0.92 | |
| EPS (Diluted) | 0.06↑342.2% | -0.03↑76.1% | -0.11↑75.0% | -0.44↑52.2% | -0.92 | |
| Weighted Average Shares | 4,092↑2.4% | 3,995↑2.6% | 3,895↑2.1% | 3,814↑1.9% | 3,742 | |
| Weighted Average Diluted Shares | 4,206↑5.3% | 3,995↑2.6% | 3,895↑2.1% | 3,814↑1.9% | 3,742 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.