Grab Holdings reports Q2 profit on strong consumer demand

Published 31/07/2025, 10:34
Grab Holdings reports Q2 profit on strong consumer demand

Investing.com -- Grab Holdings (NASDAQ:GRAB) reported a net profit of $20 million in the second quarter, compared with a $68 million loss in the same period a year earlier, exceeding analyst expectations of $17.53 million.

The Southeast Asian ride-hailing and delivery specialist attributed its profitability to positive operating profit, supported by revenue increases, improved margins, disciplined cost management and lower share-based compensation expenses.

Revenue for the Nasdaq-listed company rose 23% to $819 million, driven by growth across on-demand and financial services segments.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 69% to $109 million for the quarter ended June.

Grab maintained its annual adjusted EBITDA forecast at between $460 million and $480 million, and expects a stronger second half of the year compared with the first half. This metric excludes restructuring costs, share-based compensation expenses, fair-value changes on investments and other expenses.

The company delivered these results despite ongoing economic uncertainties in the region.

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