Grab Posts First Profitable Quarter Across All Three Segments, Lifts 2026 Outlook
GRAB sits 19% above its 52-week low of $2.67.
Summary
Grab delivered its first quarter of profitability in all three core segments, with adjusted EBITDA up 73% year over year to a record $237 million — the 19th straight quarter of growth. Q3 revenue rose 27% to $1,112 million, and monthly transacting users climbed 20% to 57 million. Management raised FY2026 revenue guidance to $4.15–$4.20 billion from $4.10–$4.15 billion and lifted adjusted EBITDA guidance to $790–$800 million from $720–$740 million, implying 58%–60% growth. The quarter also carried a one-off: Taiwan's Fair Trade Commission rejected the foodpanda Taiwan acquisition in October, which returns $550 million in cash to Grab but triggers a $60 million break fee in Q4; the company says guidance is unaffected. Shares were up 10.14% at $3.15 premarket. Uber, which sold its Southeast Asia operations to Grab in 2018, remains a partner via cross-platform ride bookings and is only indirectly in scope here.
At the time of this announcement, GRAB was trading at $3.17 on NASDAQ in the Technology sector, with a market capitalization of approximately $11.7B. The 52-week trading range was $2.67 to $6.24. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Benzinga.