Grab Holdings Limited (GRAB)

Grab Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,072	2,797	2,359	1,433	675	469
Revenue Growth (YoY)	18.88%	18.57%	64.62%	112.30%	43.92%	-
Cost of Revenue	1,812	1,679	1,541	1,387	1,070	963
Gross Profit	1,260	1,118	818	46	-395	-494
Selling, General & Admin	832	836	843	924	785	477
Research & Development	425	410	421	465	356	257
Other Operating Expenses	12	-3	-1	-1	19	51
Operating Expenses	1,300	1,274	1,289	1,408	1,160	785
Operating Income	-40	-156	-471	-1,362	-1,555	-1,279
Interest Expense	-33	-41	-99	-165	-1,675	-1,433
Interest & Investment Income	175	187	197	107	-	42
Earnings From Equity Investments	-2	-8	-7	-8	-8	-8
Currency Exchange Gain (Loss)	28	-65	1	-1	2	11
Other Non Operating Income (Expenses)	-	-8	-4	-7	-353	-42
EBT Excluding Unusual Items	128	-91	-383	-1,436	-3,589	-2,709
Merger & Restructuring Charges	-13	-14	-56	-8	-1	-
Impairment of Goodwill	-	-	-	-3	-8	-28
Gain (Loss) on Sale of Investments	-	-	-39	-294	37	-15
Gain (Loss) on Sale of Assets	10	10	11	3	1	-9
Asset Writedown	-	-	-	-3	-	-
Other Unusual Items	-	-	1	7	8	18
Pretax Income	125	-95	-466	-1,734	-3,552	-2,743
Income Tax Expense	69	63	19	6	3	2
Earnings From Continuing Operations	56	-158	-485	-1,740	-3,555	-2,745
Minority Interest in Earnings	55	53	51	57	106	137
Net Income	111	-105	-434	-1,683	-3,449	-2,608
Net Income to Common	111	-105	-434	-1,683	-3,449	-2,608
Shares Outstanding (Basic)	4,070	3,995	3,895	3,814	540	181
Shares Outstanding (Diluted)	4,121	3,995	3,895	3,814	540	181
Shares Change (YoY)	4.83%	2.58%	2.10%	606.46%	198.00%	17.56%
EPS (Basic)	0.03	-0.03	-0.11	-0.44	-6.39	-14.39
EPS (Diluted)	0.02	-0.03	-0.11	-0.44	-6.39	-14.39
Free Cash Flow	651	775	15	-856	-1,027	-665
Free Cash Flow Per Share	0.16	0.19	0.00	-0.22	-1.90	-3.67
Gross Margin	41.02%	39.97%	34.68%	3.21%	-58.52%	-105.33%
Operating Margin	-1.30%	-5.58%	-19.97%	-95.05%	-230.37%	-272.71%
Profit Margin	3.61%	-3.75%	-18.40%	-117.45%	-510.96%	-556.08%
Free Cash Flow Margin	21.19%	27.71%	0.64%	-59.74%	-152.15%	-141.79%
EBITDA	114	-9	-326	-1,212	-1,210	-892
EBITDA Margin	3.71%	-0.32%	-13.82%	-84.58%	-179.26%	-190.19%
D&A For EBITDA	154	147	145	150	345	387
EBIT	-40	-156	-471	-1,362	-1,555	-1,279
EBIT Margin	-1.30%	-5.58%	-19.97%	-95.05%	-230.37%	-272.71%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q