Earnings release

Grab Holdings Limited Grab Holdings Limited · 2026 Q2

ReportedAug 3, 2026
Period endedJun 30, 2026
Rule of 40+26

Consensus vs reported

EPS BEAT +500%
$0.06
vs $0.01 expected
QoQ
YoY+500.0%
Revenue
$997M
reported · no published consensus
QoQ+4.4%
YoY+21.7%

QoQ and YoY are measured on the same basis as each panel's own consensus, so no panel compares two different measures.

2026 Q2 preview

Reported this quarter

Each tile opens the full quarterly series. Download the numbers as CSV or JSON.

What we learned

  1. The cash line turned and it is still one quarter, again. +$39M after −$69M. Over the trailing twelve months Grab generated −$161M of free cash flow on 21.45% revenue growth, for a trailing score of 17.1 against this quarter's 25.65.
  2. A nine-point improvement in the score came entirely from the cash half, and still leaves Grab fourteen points under the line.
  3. Grab's free cash flow is $73M and ours is $39M. From the same $56M of operating cash flow, Grab subtracts a broader capex figure and adds back $177M of growth in the financial-services loan book .
  4. The disagreement gets larger every quarter. The gross loan portfolio is $2,318M, up 197% year over year. Grab is lending at a rate that makes the definitional gap grow, not close.
  5. The $235M profit is almost entirely below the operating line. Operating profit was $19M — a 1.9% margin on $997M of revenue. The rest is $171M of net finance income and a $43M income tax credit where the year-ago quarter carried a $23M expense.

Read the full analysis: Grab's Cash Flow Turned Positive. Its Record Profit Barely Came From Operations. →

Coverage around this release

Estimate against reported

$0.07$0.02-$0.022024 Q3 reported $0.012024 Q32024 Q4 reported $0.012024 Q42025 Q1 reported $0.012025 Q12025 Q2 reported $0.012025 Q22025 Q3 reported $0.012025 Q32025 Q4 reported $0.042025 Q42026 Q1 reported -$0.012026 Q12026 Q2 estimate $0.012026 Q2 reported $0.062026 Q2
Our published estimate Reported EPS
QuarterEstimateReportedSurprise
2024 Q3 $0.01
2024 Q4 $0.01
2025 Q1 $0.01
2025 Q2 $0.01
2025 Q3 $0.01
2025 Q4 $0.04
2026 Q1 -$0.01
2026 Q2 $0.01 $0.06 +500%

Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.

Sources & downloads

Company Published by the company on the day of the release.
HTML Earnings press release Investor relations announcement

2026 Q2 across the sector

Every GRAB quarter