Grab Second-Quarter Net Beats Estimates; Lifts Earnings Guidance

Dow Jones08-04

Southeast Asian ride-hailing and delivery specialist Grab reported stronger profit in the second quarter, driven by strong performance in its on-demand and financial-services businesses.

The Nasdaq-listed company on Tuesday posted net profit of $235 million, up from profit of $20 million in the year-ago period.

Analysts had expected net profit of $67.6 million, according to a Visible Alpha consensus.

Revenue rose 22% to $997 million.

Adjusted earnings before interest, taxes, depreciation, and amortization rose 54% to $168 million for the three months ended June.

Grab also announced a $750 million share repurchase program, bringing its cumulative buyback authorization since 2024 to $1.75 billion.

The company also raised its annual adjusted Ebitda forecast to between $720 million and $740 million from $700 million to $720 million.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2656300296?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-04 06:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2656300296","market":"nz","top_or_hot":-1,"title":"Grab Second-Quarter Net Beats Estimates; Lifts Earnings Guidance","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Southeast Asian ride-hailing and delivery specialist <a href=\"https://laohu8.com/S/GRAB\">Grab</a> reported stronger profit in the second quarter, driven by strong performance in its on-demand and financial-services businesses. \n</p>\n<p>\n  The Nasdaq-listed company on Tuesday posted net profit of $235 million, up from profit of $20 million in the year-ago period. \n</p>\n<p>\n  Analysts had expected net profit of $67.6 million, according to a Visible Alpha consensus. \n</p>\n<p>\n  Revenue rose 22% to $997 million. \n</p>\n<p>\n  Adjusted earnings before interest, taxes, depreciation, and amortization rose 54% to $168 million for the three months ended June. \n</p>\n<p>\n  Grab also announced a $750 million share repurchase program, bringing its cumulative buyback authorization since 2024 to $1.75 billion. \n</p>\n<p>\n  The company also raised its annual adjusted Ebitda forecast to between $720 million and $740 million from $700 million to $720 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Second-Quarter Net Beats Estimates; Lifts Earnings Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Second-Quarter Net Beats Estimates; Lifts Earnings Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-08-04 06:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Southeast Asian ride-hailing and delivery specialist <a href=\"https://laohu8.com/S/GRAB\">Grab</a> reported stronger profit in the second quarter, driven by strong performance in its on-demand and financial-services businesses. \n</p>\n<p>\n  The Nasdaq-listed company on Tuesday posted net profit of $235 million, up from profit of $20 million in the year-ago period. \n</p>\n<p>\n  Analysts had expected net profit of $67.6 million, according to a Visible Alpha consensus. \n</p>\n<p>\n  Revenue rose 22% to $997 million. \n</p>\n<p>\n  Adjusted earnings before interest, taxes, depreciation, and amortization rose 54% to $168 million for the three months ended June. \n</p>\n<p>\n  Grab also announced a $750 million share repurchase program, bringing its cumulative buyback authorization since 2024 to $1.75 billion. \n</p>\n<p>\n  The company also raised its annual adjusted Ebitda forecast to between $720 million and $740 million from $700 million to $720 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999013460.SGD","symbol_name":"LionGlobal Singapore Dividend Equity Fund SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2656300296","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2656300296","pubTimestamp":1785797700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Southeast Asian ride-hailing and delivery specialist Grab reported stronger profit in the second quarter, driven by strong performance in its on-demand and financial-services businesses.The Nasdaq-listed company on Tuesday posted net profit of $235 million, up from profit of $20 million in the year-ago period.Analysts had expected net profit of $67.6 million, according to a Visible Alpha consensus.Revenue rose 22% to $997 million.Adjusted earnings before interest, taxes, depreciation, and amortization rose 54% to $168 million for the three months ended June.Grab also announced a $750 million share repurchase program, bringing its cumulative buyback authorization since 2024 to $1.75 billion.The company also raised its annual adjusted Ebitda forecast to between $720 million and $740 million from $700 million to $720 million.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013478.USD":"利安新加坡股息基金","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","GRAB":"Grab Holdings","SG9999002406.SGD":"利安新加坡信托基金","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD",".IXIC":"NASDAQ Composite","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","BK4122":"互联网与直销零售","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","BK4022":"陆运","BK4230":"旅客陆运","SG9999001135.SGD":"United ASEAN Fund SGD","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","GRAG":"Leverage Shares 2X Long GRAB Daily ETF","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A"},"translate_title":"Grab 第二季度净利润超出预期；提升盈利指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GRAG":0.6,"GRAB":1.97,".IXIC":0.6},"content_text":"Southeast Asian ride-hailing and delivery specialist Grab reported stronger profit in the second quarter, driven by strong performance in its on-demand and financial-services businesses. \n\n\n  The Nasdaq-listed company on Tuesday posted net profit of $235 million, up from profit of $20 million in the year-ago period. \n\n\n  Analysts had expected net profit of $67.6 million, according to a Visible Alpha consensus. \n\n\n  Revenue rose 22% to $997 million. \n\n\n  Adjusted earnings before interest, taxes, depreciation, and amortization rose 54% to $168 million for the three months ended June. \n\n\n  Grab also announced a $750 million share repurchase program, bringing its cumulative buyback authorization since 2024 to $1.75 billion. \n\n\n  The company also raised its annual adjusted Ebitda forecast to between $720 million and $740 million from $700 million to $720 million.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2656300296","isCrawlerRequest":true}