Grab Holdings Reports Q3 2025 Earnings: Revenue $873 M, Profit $17 M, Adjusted EBITDA $136 M

GRAB
November 04, 2025

Grab Holdings announced its Q3 2025 financial results, reporting revenue of $873 million, up 22% year‑over‑year and 17% on a constant‑currency basis.

The company posted a net profit of $17 million, and adjusted EBITDA rose 51% year‑over‑year to $136 million, improving the adjusted EBITDA margin to 15.6% from 12.8% in the prior year.

Revenue growth was driven by the On‑Demand and Financial Services segments. Deliveries revenue increased 23% year‑over‑year to $465 million, Mobility revenue grew 17% year‑over‑year to $317 million, and Financial Services revenue rose 39% year‑over‑year to $90 million. The Financial Services segment reported a negative adjusted EBITDA of $28 million due to higher credit provisions.

Management raised full‑year revenue guidance to $3.38‑$3.40 billion and full‑year adjusted EBITDA guidance to $490‑$500 million, citing continued cost discipline, ecosystem scale, and AI‑driven efficiencies. The company also highlighted growth in On‑Demand GMV, which reached $5.8 billion, and a 16% increase in monthly transacting users.

Grab also reported that it repurchased and retired 126 million Class A ordinary shares for $499.6 million as of June 30 2025, and that its loan portfolio increased 65% to $821 million, with total loans disbursed up 56% to $886 million.

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