📣 Send us your press release
Site updates every 15 minutes
Technology

Grab reports $18 million Q3 profit and raises 2026 revenue guidance

Southeast Asian technology firm Grab posted $1.11 billion in revenue for the third quarter and increased its full-year guidance as all business segments achieved profitability.

3 November 2026
Grab reports $18 million Q3 profit and raises 2026 revenue guidance

Grab, the Southeast Asian ride-hailing and delivery platform, reported $1.11 billion in revenue and a net profit of $18 million for the third quarter of 2026. The company’s adjusted EBITDA rose 73% year-on-year to $237 million, signaling progress in its efforts to stabilize margins.

Management noted that for the first time, all three of its primary business segments—ride-hailing, delivery, and financial services—reached adjusted EBITDA profitability. Monthly transacting users reached 57 million, while adjusted free cash flow over the trailing 12 months totaled $533 million.

Following the quarterly results, Grab increased its full-year revenue guidance to a range of $4.15 billion to $4.20 billion. The company also confirmed its ongoing capital allocation strategy, reporting that $500 million remains in its authorized share repurchase program following recent buybacks in September and October.

Original source: techinasia.com