Grab Holdings Ltd income statement

In fiscal 2025, Grab Holdings Ltd reported revenue of $3.37bn, up 20.5% on the year before, operating income of $65.0m (a 1.9% margin) and net income of $268m, or $0.06 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Grab Holdings Ltd: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	−845	469	675	1,433	2,359	2,797	3,370
Cost of revenue	1,320	963	1,070	1,356	1,499	1,623	1,914
Gross profit	−2,165	−494	−395	77	860	1,174	1,456
Research and development	231	257	356	465	421	410	428
Operating income	−3,010	−1,298	−1,555	−1,373	−519	−168	65
Interest expense	—	3	5	13	13	12	17
Income before tax	−3,981	2,743	3,552	−1,734	−466	−95	269
Income tax	7	2	3	6	19	63	69
Net income	−3,747	−2,608	−3,449	−1,683	−434	−105	268
Diluted EPS	−$8.10	−$4.80	−$6.39	−$0.44	−$0.11	−$0.03	$0.06
Diluted shares (average)	—	544m	540m	3,814m	3,895m	3,995m	4,206m
EBITDA	−2,363	−911	−1,210	−1,223	−374	−21	242

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Grab Holdings Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Grab Holdings Ltd.