Grab Holdings (NASDAQ: $Grab Holdings(GRAB)$
The jump was driven largely by non-operating items, including a US$307 million one-off gain from the consolidation of Indonesia’s Superbank in June, partly offset by a US$183 million increase in fair-value losses on financial assets and liabilities.
Underlying trends were also encouraging.
Revenue rose 22% year on year (YoY) to US$997 million while adjusted EBITDA climbed 54% to US$168 million, lifting the margin to 16.9% from 13.3%.
On-demand gross merchandise value grew 21% to US$6.46 billion, supported by a 17% rise in monthly transacting users to a record 53.9 million.
The group raised its 2026 revenue guidance to between US$4.10 billion and US$4.15 billion, up from US$4.04 billion to US$4.10 billion, and its adjusted EBITDA outlook to US$720 million to US$740 million.
Its board also authorised a further US$750 million of share repurchases, taking total buybacks approved since 2024 to US$1.75 billion.
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