Grab Holdings Limited (GRAB) announced earnings for its first quarter that Increased from the same period last year
The company's earnings totaled $136 million. This compares with $24 million last year.
The company's revenue for the period rose 23.5% to $955 million from $773 million last year.
Grab Holdings Limited earnings at glance (GAAP):
-Earnings: $136 Mln. vs. $24 Mln. last year.-Revenue: $955 Mln vs. $773 Mln last year.
For the first quarter, the company posted a net loss of $0.01 per share, compared with a profit of $0.01 per share in the same period last year.
Looking ahead, for fiscal 2026, Grab Holdings has reaffirmed its outlook.
The company still expects adjusted EBITDA of $700 million to $720 million, up 40% to 44% from the previous year.
Grab Holdings continues to expect revenue of $4.04 billion to $4.10 billion, up 20% to 22% from last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.