Grab's H1 2026 Report: $355M Profit, Superbank Gain, and $750M Buyback
GRAB is trading near its 52-week low of $3.18 (14% above the low).
Summary
Grab's H1 2026 interim report shows revenue up 23% to $1.95B and profit of $355M, driven by a Superbank consolidation gain. It also details a new $750M buyback and the Stash acquisition terms.
Key Events · Earnings and Guidance · GRAB
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H1 Profit Surges to $355M
Profit for the six months ended June 30, 2026, reached $355M, up from $30M a year earlier, driven by a $307M non-cash gain from consolidating Superbank and improved operating results.
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Revenue Grows 23% to $1.95B
Revenue increased 23% to $1,953M, with deliveries up 22%, mobility up 16%, and financial services up 52%.
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Adjusted EBITDA Up 50%
Adjusted EBITDA rose to $323M from $215M, and Adjusted Free Cash Flow turned positive at $171M versus $10M a year ago.
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Superbank Acquisition Details
The May 2026 Superbank consolidation resulted in a $307M gain on remeasurement, $490M goodwill, and $45M purchase consideration.
Analysis · GRAB · Trade & Services
The interim report for the six months ended June 30, 2026, offers the first complete view of Grab's H1 financials. Revenue climbed 23% to $1.95B, while profit swung to $355M from $30M a year earlier, helped by a $307M non-cash gain from consolidating Superbank. Adjusted EBITDA rose 50% to $323M, and Adjusted Free Cash Flow turned positive at $171M. The report also details the $750M share repurchase program authorized in August 2026 and the Stash acquisition payment terms. These disclosures go materially beyond the Q2 earnings release on August 4.
At the time of this filing, GRAB was trading at $3.62 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $14.7B. The 52-week trading range was $3.18 to $6.62. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.