Grab Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,370	2,797	2,359	1,433	675
Revenue Growth (YoY)	20.49%	18.57%	64.62%	112.30%	43.92%
Cost of Revenue	1,914	1,679	1,541	1,387	1,070
Gross Profit	1,456	1,118	818	46	-395
Selling, General & Admin	826	836	843	924	785
Research & Development	428	410	421	465	356
Other Operating Expenses	125	-3	-1	-1	19
Operating Expenses	1,379	1,274	1,289	1,408	1,160
Operating Income	77	-156	-471	-1,362	-1,555
Interest Expense	-71	-41	-99	-165	-1,675
Interest & Investment Income	240	187	197	107	-
Earnings From Equity Investments	1	-8	-7	-8	-8
Currency Exchange Gain (Loss)	-	-65	1	-1	2
Other Non Operating Income (Expenses)	-	-8	-4	-7	-353
EBT Excluding Unusual Items	247	-91	-383	-1,436	-3,589
Merger & Restructuring Charges	-12	-14	-56	-8	-1
Impairment of Goodwill	-	-	-	-3	-8
Gain (Loss) on Sale of Investments	34	-	-39	-294	37
Gain (Loss) on Sale of Assets	-	10	11	3	1
Asset Writedown	-	-	-	-3	-
Other Unusual Items	-	-	1	7	8
Pretax Income	269	-95	-466	-1,734	-3,552
Income Tax Expense	69	63	19	6	3
Earnings From Continuing Operations	200	-158	-485	-1,740	-3,555
Minority Interest in Earnings	68	53	51	57	106
Net Income	268	-105	-434	-1,683	-3,449
Net Income to Common	268	-105	-434	-1,683	-3,449
Shares Outstanding (Basic)	4,092	3,995	3,895	3,814	540
Shares Outstanding (Diluted)	4,206	3,995	3,895	3,814	540
Shares Change (YoY)	5.28%	2.58%	2.10%	606.46%	198.00%
EPS (Basic)	0.07	-0.03	-0.11	-0.44	-6.39
EPS (Diluted)	0.06	-0.03	-0.11	-0.44	-6.39
Free Cash Flow	-18	775	15	-856	-1,027
Free Cash Flow Per Share	-0.00	0.19	0.00	-0.22	-1.90
Gross Margin	43.20%	39.97%	34.68%	3.21%	-58.52%
Operating Margin	2.28%	-5.58%	-19.97%	-95.05%	-230.37%
Profit Margin	7.95%	-3.75%	-18.40%	-117.45%	-510.96%
Free Cash Flow Margin	-0.53%	27.71%	0.64%	-59.74%	-152.15%
EBITDA	254	-9	-326	-1,212	-1,210
EBITDA Margin	7.54%	-0.32%	-13.82%	-84.58%	-179.26%
D&A For EBITDA	177	147	145	150	345
EBIT	77	-156	-471	-1,362	-1,555
EBIT Margin	2.28%	-5.58%	-19.97%	-95.05%	-230.37%
Effective Tax Rate	25.65%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.